The Top Regular Savers Discussion Thread

Bobblehat

Dizzycap said:

Bridlington1 said:

Dizzycap said:

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!

Good info but I'm afraid myself and @GalacticaActual beat you to it a week ago
https://forums.moneysavingexpert.com/discussion/comment/81431709/#Comment_81431709

Additionally these cuts were a late response to the February cut to the base rate, rather than the May one. For the full list of interest rate cuts announced by Nationwide see:
https://www.nationwidemediacentre.co.uk/news/nationwide-adjusts-savings-rates-following-february-bank-rate-reduction

My appologies as it flashed up as news for today 09/05 and not for a week ago

Well, I'm glad you posted it! Somehow I missed the earlier posts! 

chris_the_bee

WLewer98 said:

Co-op Regular Saver

Does anyone have any experience 'refreshing' this account? How soon can it be closed and a new regular saver opened?

Co-op Regular Saver

Mine took 6 weeks to close but a day or two to open a new one. Complaint raised and compensation received          

Bigwheels1111

My FD reg saver has vanished today, matures tomorrow.

Filled out a new reg saver application, now just waiting for it to open.

Much faster process this year, so far.

nottsphil

WLewer98 said:

Co-op Regular Saver

Does anyone have any experience 'refreshing' this account? How soon can it be closed and a new regular saver opened?

No need to do that!

masonic

masonic said:

My First Direct RS matured yesterday. I'd already applied for a new one the evening prior. Money arrived in my savings account late yesterday evening, so I'm now waiting for the new one to be opened. If that gets done today I'll have only shifted by 1 day, which would be a record.

Only today has the "your account is maturing" message appeared in the app (after the funds had already appeared in my savings account).

FD - ended up being a 2 day shift for me (or 3 days from application)

So YMMV

Digital_Payback

ThePirates said:

Mine recently matured, capital and interest moved to a standard saver next day. 
Opening a new RS took around 5 working days...

Same here, and had no problems at all. 

Bridlington1

HRBS Interest Rate Reductions 30/5/25:

Currently available:
Regular Saver 30 Day Notice Account (Issue 2) from 4.6% to 4.35%. Under the current thresholds this account is now set to be removed as the rate is too low for inclusion. It shall remain on the first page until the change in interest rate comes into effect.

NLA:
Regular Saver 30 Day Notice from 4.5% to 4.25%

Bridlington1

NatWest/RBS Interest rate reductions 30/5/25:

NatWest Digital Regular Saver Account and Royal Bank of Scotland Digital Regular Saver Account ~~~ Reduction from 6.17% AER (6% gross) to 5.5% AER (5.37% gross) for balances of £5k or less.
The rate for balances over £5k shall be cut from 1.25% AER to 1.15% AER.

Bridlington1

Leek BS Interest rate reductions 4/6/25:

Currently available:
Regular Saver Account (Issue 3) from 4.6% to 4.35%. Under the current thresholds this account is now set to be removed as the rate is too low for inclusion. It shall remain on the first page until the change in interest rate comes into effect.

allegro120

Bridlington1 said:

NatWest/RBS Interest rate reductions 30/5/25:

NatWest Digital Regular Saver Account and Royal Bank of Scotland Digital Regular Saver Account ~~~ Reduction from 6.17% to 5.5% for balances of £5k or less.
The rate for balances over £5k shall be cut from 1.25% to 1.15%.

Looks like a 2-year pattern.  6.17% was untouched for over 2 years. It was 5.12% before the raise for a couple of years too if I remember correctly...  I hope 5.5% will have a similar lifespan