Regular Savings Accounts: The Best Currently Available List!

bristolleedsfan

soulsaver said:

Principality now have their Double Access ac at 4.85%, whilst their First Home Steps saver is 4.80%? 
That doesn't make much sense...

Double Access compared with  

• "You can take money out three times every calendar year"  First Home Steps saver, difference in rates makes sense to me.

Wheres_My_Cashback

bristolleedsfan said:

soulsaver said:

Principality now have their Double Access ac at 4.85%, whilst their First Home Steps saver is 4.80%? 
That doesn't make much sense...

Double Access compared with  

• "You can take money out three times every calendar year"  First Home Steps saver, difference in rates makes sense to me.

Doesn't make sense to me using either of them ever since Tandem hit 5% (NLA) and now Santander 5.2%. The FHS had been on the cusp of being lower than EA accounts for a few months and it's now well n truly been left behind, even if it gets a 0.25% increase after 21/09.

rallycurve

bristolleedsfan said:

soulsaver said:

Principality now have their Double Access ac at 4.85%, whilst their First Home Steps saver is 4.80%? 
That doesn't make much sense...

Double Access compared with  

• "You can take money out three times every calendar year"  First Home Steps saver, difference in rates makes sense to me.

But you need to have minimum £7501 to get that top rate and it takes you more than 5 months to get to that tier at max £1500 a month. Principality seems to have given up on that account. It hasn't been competitive for a few months now 

HHUK

MONMOUTHSHIRE EXCLUSIVE REGULAR SAVER

I am waiting to find out whether my online application for the above account last night has been successful.

My only other account with the Monmouthshire is last year's Christmas Regular Saver. I believed that would make me a 'qualifying member' under their condition that 'Your account needs to have transactions within the last 24 months'.

However, Andy Webb, Editor-in-chief of 'Be Clever With Your Cash' says this means you’ll need to have had your savings account since around 5 September 2021 to qualify:

Monmouthshire Building Society Exclusive Regular Saver (8%)

Account name	Exclusive Regular Saver
Max interest in one year	£155.64
Interest rate	8% AER (fixed)
Max monthly deposit	£300
Min monthly deposit	None
Carry over unused allowance?	No
Account closes	12 months
Withdrawals	Withdrawals allowed
Requirements	Must be an existing Monmouthshire Building Society Member with a savings account or mortgage. Your savings account must have at least £1 in it and your account must have had transactions within the last 24 months. Which means that you’ll need to have had your savings account since around 5 September 2021 to qualify.

This strikes me as a very odd interpretation.

soulsaver

Wheres_My_Cashback said:

bristolleedsfan said:

soulsaver said:

Principality now have their Double Access ac at 4.85%, whilst their First Home Steps saver is 4.80%? 
That doesn't make much sense...

Double Access compared with  

• "You can take money out three times every calendar year"  First Home Steps saver, difference in rates makes sense to me.

Doesn't make sense to me using either of them ever since Tandem hit 5% (NLA) and now Santander 5.2%. The FHS had been on the cusp of being lower than EA accounts for a few months and it's now well n truly been left behind, even if it gets a 0.25% increase after 21/09.

Seems longer but it's only been just over a month since EA went above 4.80%. So not behind if you were on FHS the top tier.
So, is an increase rate imminent? 'Cos if it isn't, the DA is certainly useless as an alternative at 4.80% vs Sant, Cahoot, Shawbrook, Cynergy et al that are above that and without the w/d restrictions....

That's not giving up on FHSs... it's just giving up...

Bridlington1

Monmouthshire's Exclusive Regular Saver (8%) appears to have disappeared from moneyfacts, suggesting it will soon go NLA. It's still on Monmouthshire's website for now so if you haven't yet applied it may be worth applying whilst you can.
https://www.monbs.com/savings/exclusive-regular-saver/

SavingsBoo

Bridlington1 said:

Monmouthshire's Exclusive Regular Saver (8%) appears to have disappeared from moneyfacts, suggesting it will soon go NLA. It's still on Monmouthshire's website for now so if you haven't yet applied it may be worth applying whilst you can.
https://www.monbs.com/savings/exclusive-regular-saver/

I'd just applied before reading your post!  Having finally got everything set up for my non exclusive regular saver with the online activation key received today, I thought I would try my luck and hope for the best.

OneUser1

Bridlington1 said:

Monmouthshire's Exclusive Regular Saver (8%) appears to have disappeared from moneyfacts, suggesting it will soon go NLA. It's still on Monmouthshire's website for now so if you haven't yet applied it may be worth applying whilst you can.
https://www.monbs.com/savings/exclusive-regular-saver/

Indeed. Now, Saturday, it’s been dropped from the Monmouthshire website. The message is Regular Savers are ‘temporarily unavailable’ so what rate will the next Monmouthshire Regular offer?

flaneurs_lobster

HHUK said:

Requirements

Must be an existing Monmouthshire Building Society Member with a savings account or mortgage. Your savings account must have at least £1 in it and your account must have had transactions within the last 24 months. Which means that you’ll need to have had your savings account since around 5 September 2021 to qualify.

This strikes me as a very odd interpretation.

This strikes me as just plain wrong, both in interpretation and practice. My Coronation RS, held since whenever the coronation happened, was deemed sufficient membership qualification for the Exclusive.

trickydicky14

OneUser1 said:

Bridlington1 said:

Monmouthshire's Exclusive Regular Saver (8%) appears to have disappeared from moneyfacts, suggesting it will soon go NLA. It's still on Monmouthshire's website for now so if you haven't yet applied it may be worth applying whilst you can.
https://www.monbs.com/savings/exclusive-regular-saver/

Indeed. Now, Saturday, it’s been dropped from the Monmouthshire website. The message is Regular Savers are ‘temporarily unavailable’ so what rate will the next Monmouthshire Regular offer?

May just be overwhelmed with the whole thing and are putting the brakes on, or have all the business needed?