The Top Regular Savers Discussion Thread

WillPS

pecunianonolet said:

When you close a Lloyds regular saver vs. using the renew method. Will you still be able to open a new regular saver or will they not let you open one until the original term is over?

In my experience there's nothing to stop you applying for a fresh one if you haven't got one open; perhaps other than an overnight reset.

YMMV of course.

granta

pecunianonolet said:

When you close a Lloyds regular saver vs. using the renew method. Will you still be able to open a new regular saver or will they not let you open one until the original term is over?

I managed to close and open a new regular saver with Lloyds immediately 

Bridlington1

A summary of changes to the listings on the first page of The Top Regular Savers Discussion Thread between 1st April 2025 and 30th April 2025:

A link to this post is included on the first page of The Archived History Of Regular Savers Thread *** NO CHAT*** thread.

I have now cleared out the recently NLA regular savers list on the first page of The Top Regular Savers Discussion Thread.

The following accounts have been added between 1/4/25 and 30/4/25 (see first page of The Top Regular Savers Discussion Thread for details):

Market Harborough Fixed Term Regular Saver (30.06.2026) at 5.8% ~~~ Launched 16/4/25
Chorley BS Regular Saver (31.03.2026) at 5.15% ~~~ Launched 1/4/25
TSB Monthly Savings Account at 5% ~~~ Launched 29/4/25
Suffolk 1 Year Fixed Rate Regular Saver (31.07.2026) at 4.85% ~~~ Launched 28/4/25
Suffolk BS Online 1 Year Fixed Rate Regular Saver (31.07.2026) at 4.85% ~~~ Launched 28/4/25
Leeds BS Regular Saver (Issue 63) at 4.8% ~~~ Launched 1/4/25
Nottingham BS Branch Regular Saver Issue 3 at 4.75% ~~~ Launched 23/4/25
Loughborough BS 1 Year Super Saver Account (Local) at 6% ~~~ Launched 14/4/25
Chorley BS Regional 2 Year Flexible Saver (31.03.2027) at 5.15% ~~~ Launched 1/4/25
Coventry BS Loyalty Regular Saver (3) at 5% ~~~ Launched 22/4/25
Loughborough BS 2 Year Super Saver Account (Local) at 5% ~~~ Launched 14/4/25

The following accounts have been removed between 1/4/25 and 30/4/25:

~~~~~~NLA 1/4/25 ~~~~~~Chorley BS Regular Saver (28.02.2026) ~~~ Launched 3/3/25

Interest rate: 5.15% gross p.a. variable
Monthly payment: £25-£400 per calendar month
Miss any payments: Yes, miss as many as you like
Penalty-free withdrawals: None, but the account can be closed early without penalty
Age of applicant: Age 18 years old or older
How to open account: Branch, post or online
Length of account term: Matures on 28/2/26
Maximum balance: N/A
Deposits on non-working days: Treated as having been received the next working day.
Special conditions: Initial deposit must be received by 31/3/25. Only one Regular Saver and one Seasonal Saver can be held in any 12 month rolling period.

~~~~~~NLA 1/4/25 ~~~~~~Leeds BS Regular Saver (Issue 62) ~~~ Launched 28/2/25

Interest rate: 4.8% gross p.a. variable
Monthly payment: £0-£250 per calendar month
Miss any payments: Yes, miss as many as you wish
Penalty-free withdrawals: One withdrawal per calendar year (including account closure) is permitted subject to the minimum balance of £100 being maintained. Further withdrawals can be made subject to 30 days loss of interest on the amount withdrawn.
Age of applicant: Aged 18 or over
How to open account: Branch, online or post
Length of account term: Matures 1/3/2027
Maximum balance: £6,000 plus interest
Deposits on non-working days: Treated as having been received the same day.
Special conditions: You may only hold one Leeds Building Society Regular Saver product of any issue at a time. Withdrawals/closure can be made by faster payment over the phone.

~~~~~~NLA 1/4/25 ~~~~~~Chorley BS Regional 2 Year Flexible Saver (28.02.2027) ~~~ Launched 3/3/25
Interest rate: 5.15% gross p.a. variable
Monthly payment: £25-£400 per calendar month
Miss any payments: Yes, miss as many as you like
Penalty-free withdrawals: 2 withdrawals per year excluding early closure. If more than 2 withdrawals are made within a 12 month period the account shall be closed.
Age of applicant: Age 18 years old or older
How to open account: Branch, post or online
Length of account term: Matures on 28/2/27
Maximum balance: N/A
Deposits on non-working days: Treated as having been received the next working day.
Special conditions: Initial deposit must be received by the 31.03.2025. Only one Regular Saver and one Seasonal Saver can be held in any 12 month rolling period. Must live in one of the following postcode areas (CA, FY, PR, LA, WN, BL, L, WA, BB, CH, M, SK, CW, OL).

~~~~~~NLA 9/4/25 ~~~~~~Loughborough BS One Year Fixed Rate Monthly Saver (Issue 2)
Interest rate: 5.05% gross p.a. fixed
Monthly payment: £1-£500 per calendar month *** . 
Miss any payments: No stated penalty for missing any payments
Penalty-free withdrawals: No withdrawals or early account closure allowed except in the event of death of the account holder 
Age of applicant: Age 16 years old or older
How to open account: Branch or post
Length of account term: 12 months from the date of opening
Maximum balance: £6,000
Deposits on non-working days: Treated as having been received the next working day.
Special conditions: *** This must be as a single payment, multiple deposits within the same month are not permitted even if the total amount deposited is less than £500.

~~~~~~NLA 16/4/25 ~~~~~~Market Harborough Fixed Term Regular Saver (31.03.2026)
Interest rate: 6% gross p.a. fixed
Monthly payment: £10-£250 per calendar month
Miss any payments: Yes, you can miss one payment
Penalty-free withdrawals: No withdrawals permitted however if more than one monthly payment is missed during a calendar year the account will be transferred to the easy access account and interest rate at that time.
Age of applicant: Any age; for under 18s, the account must be opened by an adult in the capacity of Trustee.
How to open account: Branch only, but existing customers may have the option to apply online.
Length of account term: Matures 31/3/2026
Maximum balance: £3,750
Deposits on non-working days: Treated as having been received the next working day.
Special conditions: Customers may only have two Fixed Term Regular Saver accounts open at a time, either solely or jointly, with a combined maximum deposit of £250 per month not exceeding the maximum balance of £3,750.00. Further deposits into this product may be prohibited at any time. When they do this, they will update the relevant section within the ‘Current interest rates for withdrawn products’ page of mhbs.co.uk. They will not personally notify you when they do this. 

~~~~~~NLA 23/4/25 ~~~~~~Nottingham BS Branch Regular Saver 2~~~ Launched 17/2/25
Interest rate: 4.75% gross p.a. variable
Monthly payment: £10-£500 per calendar month
Miss any payments: Yes, miss as many as you like
Penalty-free withdrawals: Unlimited withdrawals of £1+ provided at least £10 remains in the account
Age of applicant: Age 16 years old or older
How to open account: Branch only
Length of account term: Matures on 30/4/26
Maximum balance: £7500
Deposits on non-working days: Treated as having been received the next working day.
Special conditions: The most you can withdraw in any one day is £500 in cash, or any amount by cheque.

~~~~~~NLA 28/4/25 ~~~~~~Suffolk 1 Year Fixed Rate Regular Saver (30.06.2026) ~~~ Launched 17/3/25
Interest rate: 5% AER Fixed
Monthly payment: £10-£500 per calendar month
Miss any payments: Yes, as many as you like
Penalty-free withdrawals: None
Age of applicant: At least 16 years old
How to open account: Branch/post
Length of account term: Matures 30/6/2026
Maximum balance: None stated other than £500,000 across all Suffolk BS accounts
Deposits on non-working days: Treated as having been received the next working day.
Special conditions: N/A

~~~~~~NLA 28/4/25 ~~~~~~Suffolk BS Online 1 Year Fixed Rate Regular Saver (30.06.2026) ~~~ Launched 17/3/25
Interest rate: 5% AER Fixed
Monthly payment: £10-£500 per calendar month
Miss any payments: Yes, as many as you like
Penalty-free withdrawals: None
Age of applicant: At least 16 years old
How to open account: Online
Length of account term: Matures 30/6/2026
Maximum balance: None stated other than £500,000 across all Suffolk BS accounts
Deposits on non-working days: Treated as having been received the next working day.
Special conditions: N/A

~~~~~~NLA 29/4/25 ~~~~~~TSB Monthly Savings Account

Interest rate: 6% AER fixed
Monthly payment: £25-£250 per calendar month
Miss any payments: No stated penalty for missing any payments
Penalty-free withdrawals: Yes, as many as you wish
Age of applicant: Aged 16 years or over
How to open account: Branch or online
Length of account term: 12 months from the date of opening
Maximum balance: £3,000
Deposits on non-working days: Treated as having been received the same day.
Special conditions: You must have a TSB current account to open this account. If you close your Monthly Saver before the end of the 12 month term, you won't be able to open another account before the first anniversary of this account.

~~~~~~NLA 23/4/25 ~~~~~~Melton BS Adcock Regular Saver~~~ Launched 12/3/25
Interest rate: 6.5% gross p.a. variable
Monthly payment: £0-£150 per calendar month
Miss any payments: Yes, miss as many as you wish
Penalty-free withdrawals: Unlimited
Age of applicant: Aged 16 or over
How to open account: Branch only (did previously allow postal applications)
Length of account term: Matures 30/9/2027
Maximum balance: £6,000 plus interest
Deposits on non-working days: Treated as having been received the same day.
Special conditions: Withdrawals can be made to your nominated account by phone or by sending a secure message in online banking.

alfred64

Bridlington1 said:

~~~~~~NLA 23/4/25 ~~~~~~Melton BS Adcock Regular Saver~~~ Launched 12/3/25
Interest rate: 6.5% gross p.a. variable
Monthly payment: £0-£150 per calendar month
Miss any payments: Yes, miss as many as you wish
Penalty-free withdrawals: Unlimited
Age of applicant: Aged 16 or over
How to open account: Branch only (did previously allow postal applications)
Length of account term: Matures 30/9/2027
Maximum balance: £6,000 plus interest
Deposits on non-working days: Treated as having been received the same day.
Special conditions: Withdrawals can be made to your nominated account by phone or by sending a secure message in online banking.

Impossible to reach £6,000 in the account. I'm expecting notice of interest rate cut soon after cut in bank rate if that happens. They do state these measures are to protect the long term future of the Society.

francoghezzi

alfred64 said:

Bridlington1 said:

~~~~~~NLA 23/4/25 ~~~~~~Melton BS Adcock Regular Saver~~~ Launched 12/3/25
Interest rate: 6.5% gross p.a. variable
Monthly payment: £0-£150 per calendar month
Miss any payments: Yes, miss as many as you wish
Penalty-free withdrawals: Unlimited
Age of applicant: Aged 16 or over
How to open account: Branch only (did previously allow postal applications)
Length of account term: Matures 30/9/2027
Maximum balance: £6,000 plus interest
Deposits on non-working days: Treated as having been received the same day.
Special conditions: Withdrawals can be made to your nominated account by phone or by sending a secure message in online banking.

Impossible to reach £6,000 in the account. I'm expecting notice of interest rate cut soon after cut in bank rate if that happens. They do state these measures are to protect the long term future of the Society.

It's nice reading nothing but positive thoughts on the future. For now I'm enjoying 6.5%, not forgetting that the RS will mature in Sept 2026. 

Bridlington1

alfred64 said:

Bridlington1 said:

~~~~~~NLA 23/4/25 ~~~~~~Melton BS Adcock Regular Saver~~~ Launched 12/3/25
Interest rate: 6.5% gross p.a. variable
Monthly payment: £0-£150 per calendar month
Miss any payments: Yes, miss as many as you wish
Penalty-free withdrawals: Unlimited
Age of applicant: Aged 16 or over
How to open account: Branch only (did previously allow postal applications)
Length of account term: Matures 30/9/2027
Maximum balance: £6,000 plus interest
Deposits on non-working days: Treated as having been received the same day.
Special conditions: Withdrawals can be made to your nominated account by phone or by sending a secure message in online banking.

Impossible to reach £6,000 in the account. I'm expecting notice of interest rate cut soon after cut in bank rate if that happens. They do state these measures are to protect the long term future of the Society.

Whether they do decide to cut the rate could go either way. They may well decide to cut the rate shortly after a cut in the BOE base rate as you suggest, but then again following the last 3 cuts to the base rate they've left the interest rates on Issues 4, 5 and 6 of their regular saver unchanged so they may choose to do the same again. 

Regardless though if the BOE does announce another cut to the base rate I shall be making another list of regular savers that have announced cuts to the base rate.

Bridlington1

Just a reminder Hanley Economic BS Online Regular Saver (NLA) reduces from 5% to 4.7% from 1/5/25 (tomorrow).

Middle_of_the_Road

Bridlington1 said:

Just a reminder Hanley Economic BS Online Regular Saver (NLA) reduces from 5% to 4.7% from 1/5/25 (tomorrow).

Thanks for the reminder.
I'm contemplating favouring my Cov.FHS2  this month @ 4.8%.
Are there any terms for Hanley on minimum deposit, or missing monthly deposits?

Bridlington1

Usual drill:

Leeds BS Regular Saver (Issue 63) at 4.8% to go NLA shortly. Replaced by Issue 64 at the same rate with a new maturity date of 4/5/27

Bridlington1

Middle_of_the_Road said:

Bridlington1 said:

Just a reminder Hanley Economic BS Online Regular Saver (NLA) reduces from 5% to 4.7% from 1/5/25 (tomorrow).

Thanks for the reminder.
I'm contemplating favouring my Cov.FHS2  this month @ 4.8%.
Are there any terms for Hanley on minimum deposit, or missing monthly deposits?

From the Ts&Cs:

The account must be opened with £1,000.

The minimum balance is £1,000, the maximum balance is £100,000.

A subscription of between £250 and £1,000 should be received each calendar month and you can vary the amount you wish to save. You can make more than one subscription per month providing the maximum subscription is not exceeded. You can make subscriptions by Standing Order, Bank Transfer or Debit Card. Please note Debit Card deposits can be only be made via the Online Portal/Mobile App.

If no subscriptions are made for 3 consecutive months or if 3 or more monthly subscriptions are missed throughout the anniversary year the Society, after giving you 60 days notice of our intention to do so, reserves the right to close the account and either return the balance or transfer it to an Instant Access Account.

You can make 5 withdrawals per tax year (6 April to 5 April) without penalty. All other withdrawals are subject to 30 days loss of interest on the amount withdrawn. Withdrawals will be made to the nominated bank account provided at the time of opening the account. £1,000 must remain in the account following a withdrawal.

https://web.archive.org/web/20231209161548/https://thehanley.co.uk/savings-accounts/