Regular Savings Accounts: The Best Currently Available List!

refluxer

Kaizen917 said:

Im a bit baffled to see the gap between instant and RS so narrow now. A rate around 5% is hardly worth it by this point.

That gap has just disappeared - easy access rates have just hit 5% (Tandem) and presumably others will follow soon.

Having a fixed regular saver could be advantageous once easy access rates start to drop but, with another small rise or two predicted for this year, the rate may need to be closer to 6% than 5% to benefit in that way, I would imagine.

dlevene

dlevene said:

Re. Penrith BS, is there any detailed information about what "Heartland" areas are eligible to open accounts; maybe a list of postcodes? Want to know if "Lancashire" might cover the ceremonial county,  ie. include Manchester....

No luck unfortunately. Unsurprising if a bit annoying!

It does seem like the RS market is pretty weak at the moment. I've got £400/month that needs a home - given that EA has just hit 5%, there's nowhere for it to go.

pecunianonolet

dlevene said:

dlevene said:

Re. Penrith BS, is there any detailed information about what "Heartland" areas are eligible to open accounts; maybe a list of postcodes? Want to know if "Lancashire" might cover the ceremonial county,  ie. include Manchester....

No luck unfortunately. Unsurprising if a bit annoying!

It does seem like the RS market is pretty weak at the moment. I've got £400/month that needs a home - given that EA has just hit 5%, there's nowhere for it to go.

RBS/Natwest 6% reg savers maxed out with 5k each? You could try some additional transactions with the various methods discussed a million times over here to get extra round ups to fill them up.

dlevene

Awful lot of hassle. Crossing my fingers that Tandem's jump in the EA market will have a knock-on effect for RS's and ISAs...

FishInGlass

dlevene said:

Awful lot of hassle. Crossing my fingers that Tandem's jump in the EA market will have a knock-on effect for RS's and ISAs...

I've given up paying any more into any regular saver paying under 5.75% for now. If you are looking at a Cash ISA instead how about the Shawbrook 1 yr at 5.71%. You can keep on paying in but it needs £1k min. Rates could go higher of course (or not).

flaneurs_lobster

dlevene said:

It does seem like the RS market is pretty weak at the moment. I've got £400/month that needs a home - given that EA has just hit 5%, there's nowhere for it to go.

Have you got the Club Lloyd's Monthly Saver? 6.25% (with a bit of faff / Disney +).

dlevene

flaneurs_lobster said:

dlevene said:

It does seem like the RS market is pretty weak at the moment. I've got £400/month that needs a home - given that EA has just hit 5%, there's nowhere for it to go.

Have you got the Club Lloyd's Monthly Saver? 6.25% (with a bit of faff / Disney +).

Yeah that's probably what I'll do if the rates don't increase, worth the faff cycling the £2k for the saver

bundoran

happybagger said:

It appears that some on here are confusing the idea of a current administrative district with county, historic or otherwise. But I'm not getting into further debate, if @dlevene needs a definitive answer on the question posed, the simplest thing is to try for the account. If others suggest phoning, fine, but you'll still need to send the application off if they say "yes" anyway.

Hopefully some people will get out of bed on a different side tomorrow morning

Nobody's confused. Greater Manchester is a county, with a Lord Lieutenant and a High Sheriff, just like any other county. It just hasn't got a county council, just like Cheshire, Bedfordshire, Cumbria etc.

IanManc

happybagger said:

It appears that some on here are confusing the idea of a current administrative district with county, historic or otherwise. But I'm not getting into further debate, if @dlevene needs a definitive answer on the question posed, the simplest thing is to try for the account. If others suggest phoning, fine, but you'll still need to send the application off if they say "yes" anyway.

Hopefully some people will get out of bed on a different side tomorrow morning

I see. Someone disagrees with you and posts something that is demonstrably factually correct, and your response is to say that they're confused and have got out of the bed on the wrong side.

You seem nice.

LZC

How easy is it to close the Halifax RS? There doesn’t seem much point in keeping it at 4.5% when you can get easy access at 5%. 

If I message them on the app how long will it take them to close it?