Regular Savings Accounts: The Best Currently Available List!

crumpet_man

francoghezzi said:

subjecttocontract said:

where_are_we said:

I implore forumites to be patient and not phone MBS about their RS account applications. You will get your account details in the post in due course, possibly before 31st August so that you can get 2 separate months deposits of £300 in by September 1. They were overwhelmed by their last RS offering and no doubt their systems will be under pressure this time as well.

You can implore all you like but I'm not gonna be happy if someone who applied after me gets an account in August and I miss out. It's a cruel world and it's dog eat dog and I aim to be at the front of the queue.

'It's dog eat dog ...'. WOW. Just asking for a friend: where do you live? (because I will do my best not to bump into you or your 'world' for the rest of your life). Reading what you all are getting through for a normal 7% saving account that will give you £136 more a year tells wonders about the kind of world we are living in, really ...

It's not even £136 more is it?  If this regular saver was not available the funds could be deposited in an easy access saver @ 5% instead.  The regular saver pays about £40 more.

flaneurs_lobster

subjecttocontract said:

You can implore all you like but I'm not gonna be happy if someone who applied after me gets an account in August and I miss out. It's a cruel world and it's dog eat dog and I aim to be at the front of the queue.

Think someone has just watched The Wolf of Wall Street and imagines they can emulate Jordan Belfort by opening some regular savings accounts with a building society.

"Sell me the pen"

Kazza242

Chorley Building Society are increasing the interest rates on some of their accounts.

Their Regular Saver (all issues) and Seasonal Saver (all issues) interest rates will increase from 5.00% to 5.15% w.e.f. 20th September 2023.

Further details here.

pecunianonolet

Shocking how patronising some are and how arrogant others seem. Can we not just respect each other a bit more and try to understand that each and everyone is at a very different position and wealth level.

For some, £136 extra or whatever the final sum is vs. keeping it at 5% is a drop in the ocean and the effort to get it isn't in line with their preferences and therefore deemed as not worth it vs. a 2min job opening a reg saver with other institutions. 

For others, £136 extra with the known complications of getting it is worth the effort. For me, totally worth the effort to try and get the account for myself and the OH. I'd rather watch 1h less of any rubbish on TV.

Mom BS is very old fashioned, the IT is is from yesteryear and how they managed the launch is once again a disaster. You would think that they test things before they push them online. Anyhow, they are known amongst the more regular forum users and rate chasers for that. 

Let's be happy that a BS actually launched such a product in the first place and made a 7% saver available to all and not just to members like the Skipton Reg Saver. 

Keep calm and carry on :-)

Hattie627

Kazza242 said:

Chorley Building Society are increasing the interest rates on some of their accounts.

Their Regular Saver (all issues) and Seasonal Saver (all issues) interest rates will increase from 5.00% to 5.15% w.e.f. 1st September 2023.

Further details here.

Increase date for the RS's and SS's is 20th September unfortunately.

trickydicky14

Snapdragon said:

arsenalboy said:

I applied for both MBS accounts yesterday. Received an automated email this morning at 0832 to say an account has been added online and to log on to view.

When I logged in there was no messages or notifications. They had accessed my accounts at 0704 this morning it stated at top. It would only let me add account if I knew account number, so will have to wait for the letter to come eventually. Have not had the email for the second account yet.

Thanks, I applied for both too. Just found new acct added successfully notifications at 0832 for both applications in my junk email. Not a particularly confidence inspiring email address dev-test@mutualvision so not surprised it ended up in junk.

I applied for both but to date have only had one automated email so far and yes, it had gone into my junk folder and I had binned it not knowing who it was from. If it wasn't for the previous comments on this thread I would never had known.

friolento

trickydicky14 said:

Snapdragon said:

arsenalboy said:

I applied for both MBS accounts yesterday. Received an automated email this morning at 0832 to say an account has been added online and to log on to view.Count yourself lucky.

When I logged in there was no messages or notifications. They had accessed my accounts at 0704 this morning it stated at top. It would only let me add account if I knew account number, so will have to wait for the letter to come eventually. Have not had the email for the second account yet.

Thanks, I applied for both too. Just found new acct added successfully notifications at 0832 for both applications in my junk email. Not a particularly confidence inspiring email address dev-test@mutualvision so not surprised it ended up in junk.

I applied for both but to date have only had one automated email so far and yes, it had gone into my junk folder and I had binned it not knowing who it was from. If it wasn't for the previous comments on this thread I would never had known.

Count yourself lucky. I didn't get any email at all.

Kazza242

Hattie627 said:

Kazza242 said:

Chorley Building Society are increasing the interest rates on some of their accounts.

Their Regular Saver (all issues) and Seasonal Saver (all issues) interest rates will increase from 5.00% to 5.15% w.e.f. 1st September 2023.

Further details here.

Increase date for the RS's and SS's is 20th September unfortunately.

They may have updated their website to change the w.e.f. date since I posted earlier.  

Still, a 0.15% Chorley RS rate increase on the 20th September is better than having no increase.   

wiseonesomeofthetime

RBS Digital Regular Saver

Rates have updated pdf

In a nutshell, this account has only increased the rate of balances over £5,000 to the dizzying heights of 1.75% AER

Main balance (up to £5,000) remains at 6.17% AER

PowerSavingMode

I have a Saffron BS Small Saver (Issue 7) that is earning a paltry 4% AER until Dec. I know they don't allow people to hold more than one regular saver/small saver, but if I were to close the one I have and open the one that's on offer now at 5.75%, would I still get the 4% paid to a/c closure?