The New Top Easy Access Savings Discussion Area

Bridlington1

slinger2 said:

Leeds BS have announced their rate reductions. From 20 Dec or soon afterwards.

My online access account down 0.25%. Regular savers down 0.15%. Check your own product.

https://www.leedsbuildingsociety.co.uk/savings/savings-account-changes/

Of note:

20/12/24:

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 52) from 4.75% to 4.5%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 53, 54 & 55) from 4.85% to 4.6%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 56, 57, 58, 59 & 60) from 4.6% to 4.35%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 61) from 4.8% to 4.55%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 62 & 63) from 4.65% to 4.4%

24/12/24:

SHARED OWNERSHIP SAVER from 6.25% to 6.15%

slinger2

Bridlington1 said:

slinger2 said:

Leeds BS have announced their rate reductions. From 20 Dec or soon afterwards.

My online access account down 0.25%. Regular savers down 0.15%. Check your own product.

https://www.leedsbuildingsociety.co.uk/savings/savings-account-changes/

Of note:

20/12/24:

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 52) from 4.75% to 4.5%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 53, 54 & 55) from 4.85% to 4.6%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 56, 57, 58, 59 & 60) from 4.6% to 4.35%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 61) from 4.8% to 4.55%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 62 & 63) from 4.65% to 4.4%

24/12/24:

SHARED OWNERSHIP SAVER from 6.25% to 6.15%

For comparison they're currently offering LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 65) at 4.67%

Bridlington1

slinger2 said:

Bridlington1 said:

slinger2 said:

Leeds BS have announced their rate reductions. From 20 Dec or soon afterwards.

My online access account down 0.25%. Regular savers down 0.15%. Check your own product.

https://www.leedsbuildingsociety.co.uk/savings/savings-account-changes/

Of note:

20/12/24:

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 52) from 4.75% to 4.5%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 53, 54 & 55) from 4.85% to 4.6%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 56, 57, 58, 59 & 60) from 4.6% to 4.35%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 61) from 4.8% to 4.55%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 62 & 63) from 4.65% to 4.4%

24/12/24:

SHARED OWNERSHIP SAVER from 6.25% to 6.15%

For comparison they're currently offering LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 65) at 4.67%

Also they seem to've failed to mention their LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 64) at 4.67%, so it remains unclear whether this rate will be reduced or not.

Bridlington1

Not very exciting but for those who have the accounts still with minimum balances:

Newbury BS Interest Rate Reductions From 13/12/24:

Existing Member Account from 4.1% to 3.9%
Welcome to Newbury from 4% to 3.75%

SnowMan

slinger2 said:

Bridlington1 said:

slinger2 said:

Leeds BS have announced their rate reductions. From 20 Dec or soon afterwards.

My online access account down 0.25%. Regular savers down 0.15%. Check your own product.

https://www.leedsbuildingsociety.co.uk/savings/savings-account-changes/

Of note:

20/12/24:

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 52) from 4.75% to 4.5%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 53, 54 & 55) from 4.85% to 4.6%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 56, 57, 58, 59 & 60) from 4.6% to 4.35%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 61) from 4.8% to 4.55%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 62 & 63) from 4.65% to 4.4%

24/12/24:

SHARED OWNERSHIP SAVER from 6.25% to 6.15%

For comparison they're currently offering LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 65) at 4.67%

Their wording says

Interest rate changes from 20 December 2024. From 20 December, we're reducing the interest rate on some of our savings accounts [my emphasis of some]

The implication is that those not listed such as the limited issue online access account (issue 65) are not reducing (?)

slinger2

SnowMan said:

slinger2 said:

Bridlington1 said:

slinger2 said:

Leeds BS have announced their rate reductions. From 20 Dec or soon afterwards.

My online access account down 0.25%. Regular savers down 0.15%. Check your own product.

https://www.leedsbuildingsociety.co.uk/savings/savings-account-changes/

Of note:

20/12/24:

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 52) from 4.75% to 4.5%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 53, 54 & 55) from 4.85% to 4.6%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 56, 57, 58, 59 & 60) from 4.6% to 4.35%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 61) from 4.8% to 4.55%

LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 62 & 63) from 4.65% to 4.4%

24/12/24:

SHARED OWNERSHIP SAVER from 6.25% to 6.15%

For comparison they're currently offering LIMITED ISSUE ONLINE ACCESS ACCOUNT (ISSUE 65) at 4.67%

Their wording says

Interest rate changes from 20 December 2024. From 20 December, we're reducing the interest rate on some of our savings accounts [my emphasis of some]

The implication is that those not listed such as the limited issue online access account (issue 65) are not reducing (?)

I'm just wondering why I'd have money in an old issue (55 in my case) when I'll be able to get a better rate in a current issue. Probably I'll close it soon anyway since I'm not convinced it'll be competitive going forward.

happybagger

Scottish BS NLA accounts reducing on 3 December

Saver Plus Issues 1, 2, 3; and E-Saver Plus Issues 1, 2, 3 all reducing from 4.61% to 4.51%

wiseonesomeofthetime

Bridlington1 said:

Not very exciting but for those who have the accounts still with minimum balances:

Newbury BS Interest Rate Reductions From 13/12/24:

Existing Member Account from 4.1% to 3.9%
Welcome to Newbury from 4% to 3.75%

I wasn't aware that they had reduced to 4.1% and 4% respectively in the first place tbh

slinger2

RCI Bank "Freedom" account down from 4.60% to 4.45% as from 15 Nov for new customers. I haven't received any notification as yet.

Bridlington1

Just a reminder the NLA Cahoot Sunny Day Saver Issue 1 interest rate reduction from 5.2% to 5% (£3k max) comes into effect tomorrow (18/11/24).