The Top Regular Savers Discussion Thread

Bridlington1

BOE Base Rate has been cut from 4.5% to 4.25%.

Once a few banks/building societies declare their responses I shall post a list of regular saver interest rate responses as I did for the previous cuts to the base rate.

dingling68

dingling68 said:

First Direct Regular Saver 

Just logged on and although the money isn’t yet showing in my saver account, the “your account is maturing” message was no longer showing and I was able to open a new regular saver 

First Direct Regular Saver

Money was in the savings account some point between this post yesterday and this morning. Transfer is dated yesterday 😊

clairec666

mhoc said:

clairec666 said:

s71hj said:

clairec666 said:

I'm glad I'm not the only one who keeps a spreadsheet of regular savers! I'm a bit of an Excel geek, so I loved making mine. I've got a nice little colour scale thing to highlight the best interest rates so I can fund those first, and different colours for the ones with standing orders, then each month I make manual deposits after pay day (my pay varies a lot so some months I can pump a lot more into my regular savers) and un-highlight the ones I've paid.

Anyone fancy sharing a link to a blank spreadsheet! I'm a bit daunted and sort of don't know where to start!

This is roughly what I've got:
https://docs.google.com/spreadsheets/d/1qAg4gDqIIuX9YO7JG7uHY5nggL90aUQMqrhUtn3JHPo/edit?usp=sharing
Obviously I've removed any personal information and have edited the amounts too. Mine is a little more complicated and has linked sheets from separate years.

Natwest and RBS behave a little differently, in that the interest is paid in monthly and compounded. So the formulas in their rows are different. To extend to the next month, highlight the 3 columns for this month and drag across to the next month to auto-fill. At the moment the "min/max deposits" and "maturity date" columns don't do anything in regards to cell formulas, you'll have to work out each month which accounts are maturing.

Note that if you're adding up the "total interest" column for tax purposes, you would have to take into account which year the interest was paid in; monthly totals for last year are missing, so your "total" for each account will usually be higher than the row total.

What is missing from this chart is the actual account number - I seem to think HMRC list your savings interest with the account number ... although Ive not seen a HMRC interest list ...

Not "missing" but "removed for security reasons"!
You can add whatever columns you want to the spreadsheet, I just stripped it down as an example people could copy if they liked.

clairec666

I'll add my praise for Principality too - when my regular saver matured, I took the option to start a new one, immediately fund it from the maturing one, and transfer the rest to my current account. All went through swiftly and smoothly.

Bridlington1 said:

BOE Base Rate has been cut from 4.5% to 4.25%.

Once a few banks/building societies declare their responses I shall post a list of regular saver interest rate responses as I did for the previous cuts to the base rate.

Thanks for doing this. I imagine there will be a few changes in the downward direction 

Bridlington1

Principality BS Interest Rate Cuts 19/6/25:

Currently available:

1 Year Triple Access Regular Saver from 5.4% to 5.15%

Principality BS First Home Steps Savings Account (Issue 5) from 4.65% to 4.4%

NLA accounts TBC

Bridlington1

Co-operative bank Interest Rate Cuts 23/7/25:

Co-operative Bank Regular Saver ~~~~ NO CHANGE ~~~~ Remains at 7% 

Bridlington1

Vernon BS Interest Rate Reductions 2/6/25:

Online Regular Saver reduces from 6.25% to 6%

Bridlington1

Regular Saver Interest Rate Reductions Since BOE Base Rate Cut From 4.5% to 4.25% On 8/5/25:

Account	Old rate	New rate	Date
Co-operative Bank Regular Saver	7.00%	NO CHANGE	23/07/2025
Principality BS 1 Year Triple Access Regular Saver	5.40%	5.15%	19/06/2025
Principality BS First Home Steps Issue 5	4.65%	4.40%	19/06/2025
Vernon Online Regular Saver	6.25%	6.00%	02/06/2025

A link to this post shall be included on the first page of  The Archived History Of Regular Savers Thread *** NO CHAT*** thread for future reference.

rallycurve

I'm very impressed on how quick Principality is reacting now.
I remember when rates were going up, it took them about a month or so to decide the increase on the variable rate accounts...

Dizzycap

Nationwide Update:

Product Type	Account	Previous Headline Rate	New Headline Rate	Change (percentage points)
Regular Savings	Start to Save 2	5.50%	5.50%	0.00
	Help to Buy	3.10%	2.90%	-0.20
	Flex Regular Saver 3 & 4	6.50%	6.50%	0.00
	Continue to Save	2.10%	2.00%	-0.10
Children’s	FlexOne Saver / FlexOne Regular Saver	5.00%	5.00%	0.00
	Child Trust Fund / Smart Junior ISA/ CTF Maturity ISA / Junior ISA Maturity	3.55%	3.55%	0.00
	Smart Limited Access	3.05%	2.85%	-0.20
	Future Saver	3.55%	3.55%	0.00
	Smart Instant Access / Smart Saver	2.05%	1.85%	-0.20

Happy Saving!