The Old Regular Savers Discussion Thread 28/12/24-29/1/26

figgyc

Bridlington1 said:

lr1277 said:

Scottish BS RS.

The rate is already 6%. Apparently it reduced on 8/1/26.

Is the 6% rate showing that in online banking yet? I'm afraid I don't currently have access to view my account online.

I checked SBS Online and it still shows 6.50% for me.

Some of the accounts under the page you linked say:

Interest rates effective from 8 January 2026 for accounts opened on or after that date.
For accounts opened before 7 January 2026, rates are effective from 30 January 2026.

not the Regular Saver mind, but that seems to be the approach taken?

gt94sss2

I received a letter from Scottish Building Society today confirming that the interest rate on my Regular Saver will reduce to 6% (from 6.5%) from the 30 January.

Dizzycap

lr1277 said:

Scottish BS RS.

The rate is already 6%. Apparently it reduced on 8/1/26.

Not for me. My online account still shows 6.5% and I've yet to receive a letter or any communication reguarding a reduction in interest rate, even though we all know it's going to happen.

The Scottish BS website presently shows the RS @ 6% - Only one RS to be held in a single name at anytime.

Bridlington1

YBS Christmas 2026 RS to be launched at 5% shortly

£150/mth max
Matures 31/10/26
1 withdrawal day per year plus closure
Can skip months if you wish
Must be 16+ to apply
Can be opened online, in branch or by post.

Bridlington1

where_are_we said:

Bridlington1 said:

Mansfield BS Interest Rate Reductions 1/2/26:

Mansfield BS Bonus Regular Savings (Issue 8) ~~~ Reduction from 5.25% to 5.1% (both rates include a 1.85% bonus for 12 months).

My MBSBRS(8) account`s 12 month 1.85% bonus rate runs out at the end of this month. Is it possible to close the account withdrawing final balance to nominated account and then a few days later open a new one?

You can close the account and open a new one but it'd have to be done in branch or by post. I tried requesting a withdrawal by faster payment previously for their branch/post accounts but they've stated there'd be a charge for this so if withdrawing by post it'd have to be by cheque or internal transfer.

I seem to recall some have been able to close the Bonus RS and enclose a completed application form for a new one to be able to refresh the account but I've not tried this myself.

WillPS

YBS continuing their recent trend of underwhelming offers then  

Dizzycap

Bridlington1 said:

YBS Christmas 2026 RS to be launched at 5% shortly

£150/mth max
Matures 31/10/26
1 withdrawal day per year plus closure
Can skip months if you wish
Must be 16+ to apply
Can be opened online, in branch or by post.

I'm assuming that the YBS Christmas 2026 will be an underwhelming variable rate? 

Marcoos

YBS Xmas Saver

Seems to have gone live on their site

https://www.ybs.co.uk/savings/product?id=YB902052W

jaypers

Marcoos said:

YBS Xmas Saver

Seems to have gone live on their site

https://www.ybs.co.uk/savings/product?id=YB902052W

Think I will pass. If the interest rate was fixed or the amount permitted was higher I might have been tempted but after a flurry of loads of RS accounts over the last 18 months I can no longer be bothered with underwhelming accounts such as this.

friolento

jaypers said:

Marcoos said:

YBS Xmas Saver

Seems to have gone live on their site

https://www.ybs.co.uk/savings/product?id=YB902052W

Think I will pass. If the interest rate was fixed or the amount permitted was higher I might have been tempted but after a flurry of loads of RS accounts over the last 18 months I can no longer be bothered with underwhelming accounts such as this.

If you still have funds left over after funding all the higher paying accounts, this is a nice account in a falling interest rate climate.