Regular Savings Accounts: The Best Currently Available List!

Wheres_My_Cashback

happybagger said:

Thanks for that, disappointing to have such a delay (8 weeks to react to BoE change). I think I read somewhere on here that they were proposing allowing one-off deposits of up to 12k.

Has anyone seen any confirmation of changes to Darlington's RS accounts (incl NLAs) in the pipeline?

Their website states
"Published 3 August 2023

The Society has responded to today’s 0.25% Bank of England base rate rise by increasing interest rates across its range of savings accounts to help members maximise their savings."

to be implemented on "some" accounts on 1 Sept, it seems

It is indeed disappointing, even more so considering there will possibly be another 0.25% increase in the base rate on 21st Sept, so they are staying well behind the curve, but still just above EA accounts (unless they continue to climb in the meantime).
Going to amend my S/O for Sept to put £1K in on the 29th rather than the 1st and then £1k on 02 Oct.

gt94sss2

Does anyone know when SRBS raised the monthly limit on their RS to £1,000?

You would think they would inform existing customers..

Wheres_My_Cashback

gt94sss2 said:

Does anyone know when SRBS raised the monthly limit on their RS to £1,000?

You would think they would inform existing customers..

I first noticed it on the website 11th Aug?, but don't know when it was officially done.

Catplan

Speculator said:

Htrickydicky14 said:

Ok I’ll keep this simple, just received letter from MBS for one of my requested R.S. Can someone tell me on the signatory form, do I only need to answer questions 1and 2 if I’m operating the account for someone else?

As the account is just for me, do I only sign and send it back, and yes I was sent an envelope with my letter to return it but did not receive any of the other stuff listed in the letter.

I filled in all sections and ticked all signatures in section 2.

Is it a solo or joint account? 

Solo account I was going to fill in all sections and say any one signature….. made the most sense in my head when I looked at it.

dlevene

I assumed that section was just for accounts with multiple signatories. I just ticked solo account and then signed at the end...

They don't make it easy do they!

PowerSavingMode

Bridlington1 said:

DJDools said:

allegro120 said:

DJDools said:

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?

My 'Small Saver issue 7' turned into 'Small Saver variable' a while ago. I didn't ask for it, it just happened when the rate has gone up.  I don't know why yours didn't change, I assumed that this happened automatically to all 'small saver' holders, not just to me.

That's interesting. 

Mine is also the Small Saver Issue 7 (Fixed Term), but they didn't change mine. It's still showing at 4%. Needless to say, I have used the withdrawal access to take out all but £1. No point keeping more in at 4%, but bit miffed they won't allow me to open the Saver at 5.75%. 

They will allow you to get the 5.75% small saver though. The quickest and easiest way as I've already mentioned on Thursday is to send them a secure message or give them a ring and ask them to convert the account to the 5.75% version. They'll pay the interest you've already earned and the account will be restarted at 5.75%, sort code/account number will remain the same and the maturity date will be changed to being a year from account conversion.

Their secure messaging system isn't working (!), so I tried the web chat, but apparently they have to have the confirmation from my S.O. as it's a joint account. So off we go...

Bridlington1

happybagger said:

Has anyone seen any confirmation of changes to Darlington's RS accounts (incl NLAs) in the pipeline?

Their website states
"Published 3 August 2023

The Society has responded to today’s 0.25% Bank of England base rate rise by increasing interest rates across its range of savings accounts to help members maximise their savings."

to be implemented on "some" accounts on 1 Sept, it seems

Darlington BS have told me that their new rates will be revealed on their website on 1/9/23 and that they can't give me any further information until then.

Wheres_My_Cashback

happybagger said:

Thanks for that, disappointing to have such a delay (8 weeks to react to BoE change). I think I read somewhere on here that they were proposing allowing one-off deposits of up to 12k.

Just received from SRBS....................

We are delighted to announce that our Regular Savers account is now even better than before. With immediate effect you can now save up to £1,000 per month, double the previous maximum monthly contribution. 

That’s not all – as a valued existing Regular Saver we are offering you the exclusive opportunity to make a one-off contribution, into your regular savers account, of up to £12,000 before 31/12/2023.

What do I need to do if I want to take advantage of these changes?

If you would like to increase your regular contribution amount all you need to do is amend your existing Standing Order (SO) amount up to the maximum allowed of £1,000.

If you wish to top up your existing regular savers account, with a one-off contribution of up to £12,000, then please send the monies by bank transfer using the following details:

•               Bank account number: 24575962

•               Sort code: 40-05-30

•               Ref: Please insert your regular savers account number

Please note that we cannot accept cheques or cash.

We would also urge you to register for online banking via this link, click here. Here you will be able to see your account(s) and balances (please allow up to 48 hours for any credits to be accepted from your bank).

Still need help?

If you have any further queries, or if you need someone to help you with this, please contact the Society on *01785 223212 (9am - 5pm Monday to Friday except Wednesday 10am-5pm; 9am - 12pm Saturday; except bank holidays) or click here to email us.

Alternatively, you can visit us at our branch at 4 Market Square, Stafford, ST16 2JH.

Hattie627

SRBS

Best to wait until 1 October before topping up Regular Saver with up to £12K. The top up "offer" lasts until 31/12/23. The interest rate rise to 5.15% doesn't apply until 1 October, a sluggish two months after the base rate rise on 3 August.

snow62

Just catching up after being away for the weekend.  Viewing all the Monmouthshire posts with wry amusement.  I applied for both just after they went live, when links went straight to online application without showing any criteria.  When the links disappeared and then reappeared, it became apparent that I didn't qualify for the Exclusive as I hadn't had an open account for nearly a year.  Nevertheless, I've received my passbook and added the account in 'My Accounts'.  Meanwhile I have to return the signature form for the account for which I was eligible, the standard RS.  Unlike some, I rather enjoy the quirkiness!