Regular Savings Accounts: The Best Currently Available List!

PowerSavingMode

Reg_Smeeton said:

Satisfied Monmouthshire customer here, two letters arrived over the weekend and two accounts funded as of this morning. Their very competitive rates at the moment more than outweigh any minor procedural clunkiness. IMO.

Can you fund the MONBS RS Issue 2 straight away? I thought I had to wait until they've received my signed letter and registered me etc.

flaneurs_lobster

DJDools said:

Reg_Smeeton said:

Satisfied Monmouthshire customer here, two letters arrived over the weekend and two accounts funded as of this morning. Their very competitive rates at the moment more than outweigh any minor procedural clunkiness. IMO.

Can you fund the MONBS RS Issue 2 straight away? I thought I had to wait until they've received my signed letter and registered me etc.

If you've got the 10-digit account number then you can add funds. 

You may wish to wait until you have online access if you want to verify the deposit.

Bridlington1

soulsaver said:

@Bridlington1
Think it was you who did a list of RS acs you (one) can close without notice or penalty?
It'd be really useful to have 'to hand' since the Santander 5.2% ripples, but I can't find it now - do you have a link?

Currently Available

Bank/ building society-------------------------------	Name	Calender/ Account month--------	Withdrawals/ early closure	Interest rate	Fix/var	Min deposit------	Max deposit------
Monmouthshire BS	Exclusive Regular Saver	C	Unlimited	8.00%	V	£0.00	£300.00
Skipton BS	Members Branch Regular Saver	C	Early closure only	7.50%	F	£0.00	£250.00
Bath BS	16-25 Regular Saver	C	2 withdrawals/yr	7.49%	V	£10.00	£50.00
First Direct	Regular Saver Account	A	Closure s.t very low interest rate	7.00%	F	£25.00	£300.00
Lloyds	Club Lloyds Monthly Saver	C	Unlimited	6.25%	F	£0.00	£400.00
RBS	Digital Regular Saver	C	Unlimited	6.17%	V	£0.00	£150.00
Natwest	Digital Regular Saver	C	Unlimited	6.17%	V	£0.00	£150.00
Penrith BS	Regular Saver 300 (Heartland only)	C	3 penalty free wdls/yr	6.00%	V	£1.00	£300.00
Saffron BS	Small Saver Issue 6	C	1 withdrawal/mth	5.75%	V	£1.00	£50.00
Principality BS	Regular Savings Bond Issue 33	C	Early closure only	5.50%	F	£0.00	£250.00
Nationwide BS	Start to Save Issue 2	C	Unlimited	5.50%	V	£0.00	£50.00
Halifax	Regular Saver	C	Early closure only	5.50%	F	£0.00	£250.00
BOS	Regular Saver	C	Unlimited	5.50%	F	£0.00	£250.00
YBS	Regular Saver	C	2 withdrawals/yr	5.25%	V	£0.00	£250.00
Lloyds	Monthly Saver	C	Unlimited	5.25%	F	£0.00	£250.00
Leeds BS	Regular Saver Issue 23-42	C	1 withdrawal/yr	5.25%	V	£0.00	£250.00
Cumberland BS	Regular Saver Issue 3	A	Interest hit of 0.65% if 2+ deposits missed or 2+ withdrawals	5.25%	V	£0.00	£250.00
Saffron BS	Members 12 Month Regular Saver	C	Unlimited	5.25%	V	£0.00	£500.00
Hinckley & Rugby BS	Regular Saver 30 Day Notice	C	Unlimited Subject to 30 day notice	5.25%	V	£10.00	£500.00
Leeds BS	Home Deposit Saver	C	1 withdrawal/yr	5.15%	V	£0.00	£500.00
Chorley BS	Regular Saver (30.07.2024)	C	None	5.15% (from 20/9/23)	V	£0.00	£250.00
Stafford Railway BS	Regular Saver Issue 1	C	4 withdrawals/yr	5.15% (from 1/10/23)	V	£25.00	£1,000.00
Coventry BS	First Home Saver Issue 2	C	60 day notice or interest penalty	5.05%	V	£0.00	£1,000.00
Coventry BS	Regular Saver	A	30 day interest penalty	5.05%	V	£0.00	£500.00
West Brom BS	Adult's Fixed Rate Regular Saver Issue 6	C	None	5.00%	F	£0.00	£250.00
TSB	Monthly Saver	C	Unlimited	5.00%	F	£0.00	£250.00
Santander	Regular e-saver	A	Unlimited	5.00%	F	£0.00	£200.00
Loughborough BS	1Y Fixed Monthly Saver	C	None	5.00%	F	£1.00	£500.00
Leek BS	Regular Saver Account Issue 3	C	3 withdrawals/yr	5.00%	V	£0.00	£500.00
Kent Reliance BS	Regular Savings Issue 11	C	Unlimited	5.00%	V	£1.00	£500.00
HSBC	Regular Saver	A	closure s.t very low interest rate	5.00%	F	£25.00	£250.00
Bath BS	Homestart Regular Saver	C	2 withdrawals/yr	4.89%	V	£50.00	£250.00
Principality BS	First Home Saver	C	3 penalty free wdls/yr inc closure	4.1% (£1-£2500)	V	£0.00	£1,500.00
				4.3% (£2501-£7500)	V
				4.8% (£7501+)	V
Furness BS	1Y Regular Saver Issue 5	C	1 withdrawal/yr	4.75%	V	£1.00	£250.00
Loughborough BS	Limited Access Monthly Saver	C	1 withdrawal/yr	4.75% (from 5/9)	V	£1.00	£2,000.00
Earl Shilton	Regular Monthly Saver	C	2 withdrawals/yr, £10 hit if no payment	4.60%	V	£10.00	£1,000.00
Darlington BS	Regular Saver	C	Unlimited	4.60%	V	£0.00	£750.00
Mansfield BS	Regular eSaver	C	Unlimited Subject to 30 day notice	4.50%	V	£10.00	£500.00
Mansfield BS	Regular Saver	C	Unlimited Subject to 30 day notice	4.50%	V	£10.00	£500.00
Dudley BS	One Year Regular Saver Online Issue 3	C	Early closure only	4.40%	V	£0.00	£850.00
Dudley BS	One Year Regular Saver Issue 8	C	Early closure only	4.40%	V	£0.00	£850.00
Bath BS	Regular Saver	C	1 withdrawal/yr	4.39%	V	£20.00	£250.00
Cumberland BS	First Home Saver Account Issue 2	A	Unlimited subject to 90 day notice	4.35%	V	£100.00	£1,500.00
Newbury BS	Home Saver	C	2 withdrawals/yr	4.25%	V	£10.00	£500.00
Vernon BS	Regular Saver ISA	C	2 withdrawals/yr, can miss 1 payment else 0.7% hit	4.15%	V	£25.00	£1,666.00
Buckinghamshire BS	Regular Saver	C	Unlimited	4.10%	V	£0.00	£500.00
Beverley BS	Monthly Saver	C	Interest hit of 0.5%	4.10%	V	£10.00	£1,000.00
Cambridge BS	Reward Regular Saver	C	Closure s.t 90 day interest penalty	4.00%	F	£0.00	£300.00
Ecology BS	Regular Saver	C	2 withdrawals/yr	3.75%	V	£25.00	£250.00
Market Harborough BS	Members Regular Saver	C	Unlimited Subject to 30 day notice	3.75%	V	£10.00	£3,000.00
West Brom BS	Access Regular Saver	C	Unlimited	3.60%	V	£20.00	£2,000.00
Virgin Money	Home Buying Regular Saver Issue 19	C	Unlimited	3.00%	F	£0.00	£250.00
Loughborough BS	Regular Monthly Saver Account	C	Unlimited	2.50%	V	£0.00	£1,000.00

NLA:

Bank/ building society-----------------------	Name	Calender/ Account month--	Withdrawals/ early closure	Interest rate--	Fix/var	Min deposit--	Max deposit
Saffron BS	Members Month Loyalty Saver	C	1 withdrawal/mth	9.00%	F	£0.00	£50.00
Monmouthshire BS	Regular Saver Issue 2	C	Unlimited	7.00%	V	£0.00	£300.00
YBS	Limited Access Monthly Saver Issue 2/loyalty eSaver	C	1 withdrawal/yr	6.25%	V	£0.00	£500.00
Beehive	Online Fixed Regular Saver	C	None (matures 31/7/24)	6.00%	F	£0.00	£250.00
Nottingham BS	Branch Fixed Regular Saver	C	None	6.00%	F	£0.00	£250.00
YBS	Christmas 2023 Regular Savings Bond	C	1 withdrawal/yr	5.75%	V	£0.00	£300.00
Tipton & Cosley BS	Regular Saver to 31 July 2024 branch+post/app version	C	None unless 3 payments are missed (converts to EA)	5.75%	V	£50.00	£500.00
Monmouthshire BS	Coronation Regular Saver	C	Unlimited	5.60%	V	£0.00	£300.00
Coventry BS	First Home Saver Issue 1	C	Unlimited	5.60%	V	£0.00	£1,000.00
Monmouthshire BS	Christmas saver Bond Issue 5	C	closure s.t very low interest rate	5.50%	F	£0.00	£200.00
Chorley BS	Seasonal Saver (all issues)	C	None	5.15%	V	£0.00	£250.00
Chorley BS	Regular Saver (all issues)	C	None	5.15%	V	£0.00	£250.00
Melton BS	Regular Saver 3	C	Unlimited	5.00%	V	£0.00	£200.00
Nottingham BS	Starter ISA Issue 11	C	None, except transfers out s.t. 180 day interest hit	5.00%	V	£0.00	£1,600.00
Principality BS	Christmas 2023 Regular Savings Bond	C	Early closure only	5.00%	F	£0.00	£125.00
Darlington BS	Green Regular Saver	C	Unlimited	4.60%	V	£0.00	£250.00
Darlington BS	Special Occasion Saver	C	Unlimited	4.60%	V	£0.00	£250.00
Nottingham BS	Summer Saver Issue 2	C	None (matures 31/8/24)	4.50%	F	£0.00	£500.00
Principality BS	Regular Savings Bond Issue 32	C	Early closure only	4.50%	F	£0.00	£250.00
Nationwide BS	Flex Regular Saver	C	3 penalty free wdls/yr inc closure	4.50%	V	£0.00	£200.00
Buckinghamshire BS	Regular Saver Locals	C	Unlimited	4.50%	V	£0.00	£500.00
Saffron BS	Regular Saver ISA	C	Unlimited	4.25%	F	£0.00	£1,650.00
Darlington BS	High Days and Holiday Saver	C	Unlimited	4.15%	V	£0.00	£250.00
Principality BS	Regular Savings Bond Issue 31	C	Early closure only	4.00%	F	£0.00	£250.00
Monmouthshire BS	Regular Saver Bond Issue 8	C	None	3.75%	F	£0.00	£250.00
West Brom BS	Adult's Fixed Rate Regular Saver Issue 5	C	None	3.50%	F	£0.00	£250.00
Nottingham BS	Seasonal Saver Issue 5	C	None (matures 30/11/24)	3.50%	F	£0.00	£500.00
Principality BS	Regular Savings Bond Issue 30	C	Early closure only	3.25%	F	£0.00	£250.00
Principality BS	Regular Savings Bond Issue 29	C	Early closure only	2.80%	F	£0.00	£250.00
Melton BS	Jubilee Regular Saver	C	None (matures 31/7/24)	2.70%	F	£0.00	£250.00
Beehive	Home Starter Regular Saver	C	None (matures 31/10/23)	2.50%	F	£0.00	£500.00
Nottingham BS	Seasonal Saver Issue 4	C	None (matures 14/11/23)	2.50%	F	£0.00	£500.00
Virgin Money	Home Buying Regular Saver Issue 18	C	Unlimited	2.25%	F	£0.00	£250.00
Principality BS	Regular Savings Bond Issue 28	C	Early closure only	2.25%	F	£0.00	£250.00
West Brom BS	Adult's Fixed Rate Regular Saver Issue 4	C	None	2.00%	F	£0.00	£250.00
Virgin Money	Home Buying Regular Saver Issue 12-17	C	Unlimited	1.75%	F	£0.00	£250.00
Principality BS	Regular Savings Bond Issue 27	C	Early closure only	1.50%	F	£0.00	£250.00
Nottingham BS	Seasonal Saver Issue 3	C	None (matures 14/11/23)	1.50%	F	£0.00	£300.00
Principality BS	Regular Savings Bond Issue 26	C	Early closure only	1.25%	F	£0.00	£250.00

soulsaver

@Bridlington1 Much appreciated...

Gizmo70

Just spoken on the phone to Stafford Railway Building Society, their Regular Saver now accepts up to £1,000 per month and the interest is going up to 5.15% from 1st October 2023. Plus you can start with a lump sum (£1,000 I think), so potentially in the first month you can put in £2,000. No term on it, so only deposit restriction is a maximum of £100k in the account.

SavingsBoo

I received my Monmouthshire Savings Passbook in the post today .... I haven't had a passbook for a good 30 years I think!  It's so cute 😊

soulsaver

Gizmo70 said:

Just spoken on the phone to Stafford Railway Building Society, their Regular Saver now accepts up to £1,000 per month and the interest is going up to 5.15% from 1st October 2023. Plus you can start with a lump sum (£1,000 I think), so potentially in the first month you can put in £2,000. No term on it, so only deposit restriction is a maximum of £100k in the account.

"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."

But Santander 5.2% EA ripples may influence choices...

drphila

chris_the_bee said:

flaneurs_lobster said:

chris_the_bee said:

BestSeagull said:

If the account is opened on 25th August 2023 and a month is a calendar month, are we sure that the end date of the  "12 months" is not 31st of August 2024?

In common with all other BS, maturity is on the 12 month anniversary of opening the account i.e 25th August 2024.

This is the detail from my MonBS RS:

Account Information

Product Name:	CORONATION REGULAR SAVER
Date Opened	26/04/2023
Next Interest Due Date	31/03/2024

Is "Next Interest Due Date" the same as Maturity Date?

There is an anomaly on this account.
In one place it states:-

• Interest is variable and calculated on a daily basis on the balance in the account and paid at the end of the 12-month term.

Elsewhere it states:-

•  Interest is paid annually and can be added to the account or paid into a suitable bank/ building society account or suitable Monmouthshire Building Society account following close of business 31 March.

Looking at my, MONBS online, all my accounts show interest to be payable 31st March, however, this is wrong and contradicts the actual account terms

I have now had written clarification from Monmouth regarding interest payment date as follows:

"....... I can also confirm that the interest is paid at the end of the term for the Coronation Regular Saver"

Bridlington1

Loughborough BS are finally raising some of their regular saver rates according to moneyfacts:
Limited Access Monthly Saver rises to 4.75% (up from 3.75%) from tomorrow. Still a poor rate but it's not often Loughborough raise their variable regular saver rates. Regular Saver Issue 1 is still showing as 2.5% on moneyfacts though.

ForumUser7

Nationwide BS Start to Save Issue 2 NLA