The Top Regular Savers Discussion Thread

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.

clairec666

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.

From recent experiences, YBS sometimes offer a variable rate but don't reduce it even if the base rate falls - the £50 regular saver at 8% never dropped if I remember correctly?
Still, I haven't got the capacity for any more regular savers at the moment, so I'll pass on this one too.

Section62

friolento said:

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.

Minimum initial deposit £1, no requirement to fund every month, online application and management.  Aside from the time it takes to open the account and then close it at some point in the future, for an existing YBS customer there's not much to lose by opening the account as part of a backup plan.