Regular Savings Accounts: The Best Currently Available List!

Bazzalona13295

Alicon88 said:

Bazzalona13295 said:

Alicon88 said:

I am very doubtful whether or not is a good choice to lock up some money now or keep waiting
I already lock some with Lloyds just to see the interest rate going up only a week after and now I don't know what's the best thing to do..

Second post!

Don't forget some banks like Atom do 6 or 9 month fixes if that appeals more.

sorry if I repeated myself!
I don't like the idea to come late to the party or in this case come to early ahah
I guess I have some interest rate  FOMO

Please don't apologise, it was my fault, it was ME doing a second post I was referring to, I suddenly remembered the 6-9 month fixes and didn't know how to edit a post haha.

I know roughly 10 months ago I fixed a couple of small bonds for 12 months at 4.4% when I think the best instant access was 2.5/2.75%?
 
Now we're 1.5% above that for fixes and possibly about the same for the instant access pots.
I don't see that going up that much further although judging by what was said the other day the rate will stay 'high' (relatively speaking) for a while.

I wouldn't be going all in one way or the other but at least if you do spread the fixes you know where you are, I'm going to do one in a months time, its just a case of how much and how long.

These savings pots that Monzo and Santander do does help in that respect as I don't feel I'm missing out hugely just holding some in those.

Bridlington1

YBS rates increasing from 10/8/23 Notably:
Regular Saver to 5.25% 
Christmas 2023 Regular Saver (NLA) to 5.75%
Loyalty Regular Saver (NLA) to 5.8%
Loyalty Regular eSaver and Loyalty Regular Saver Issue 2 (NLA) to 6.25%

t1redmonkey

Bridlington1 said:

YBS rates increasing from 10/8/23:
Regular Saver to 5.25% 
Christmas 2023 Regular Saver (NLA) to 5.75%
Loyalty Regular Saver (NLA) to 5.8%
Loyalty Regular eSaver and Loyalty Regular Saver Issue 2 (NLA) to 6.25%

Think I'll restart payments into the Xmas 2023 RS in that case, I wasn't bothering with paying into any RS's under 6% recently but 5.75% is close enough to make it worthwhile again I think.

OneUser1

Penrith Building Society have sent me an email saying they have increased their variable rates. But you have to contact them to find out the new rates. Anyone know whether this means the 6% Regular Saver has increased? 

ForumUser7

OneUser1 said:

Penrith Building Society have sent me an email saying they have increased their variable rates. But you have to contact them to find out the new rates. Anyone know whether this means the 6% Regular Saver has increased? 

The find out more button brings you to a page that has a button for information on current rates. No RS300 increase yet

happybagger

The increased rates were from 2 August, and are on the website. RS 300 stays at 6% and RS200 closed issue remains at 4%

rates

liamcov

Bridlington1 said:

Leeds BS are quick off the mark.  From 15/8/23:
Regular saver to rise to 5.25%
Home Deposit Saver to 5.15%

Is that issue 37 of the reg saver?

Bridlington1

liamcov said:

Bridlington1 said:

Leeds BS are quick off the mark.  From 15/8/23:
Regular saver to rise to 5.25%
Home Deposit Saver to 5.15%

Is that issue 37 of the reg saver?

That's issues 23-43 so yes issue 37 will rise.

alrk

Ive had my halifax and YBS regular accounts since march. I think they have been 5.5% since I opened them and are still top of the interest rates. Why are there so few at 5.5 and they dont seem to have increased with the bank rates!

thanks for your ideas

Wheres_My_Cashback

Darlington BS seem to be drip feeding info, their latest states -  Following the Bank of England’s decision to increase the Bank Base Rate by 0.25 percentage points, to 5.25% on 3 August 2023, the below changes will apply:

Savings

Increase interest rates on all savings accounts on 1 September 2023, with some accounts benefitting from the full 0.25% rate increase.

Savings accounts which are directly linked to and track the Bank Base Rate will increase by 0.25% on 1 September 2023.

https://www.darlington.co.uk/news/update-following-bank-base-rate-increase-in-august-2023/