The Top Regular Savers Discussion Thread

Bridlington1

Just a reminder the following interest rate cuts come into effect tomorrow (1/6/25):

Account	Old rate	New rate	Date
Buckinghamshire BS Regular Saver	3.15%	2.90%	01/06/2025
Buckinghamshire BS Regular Saver Locals	3.55%	3.30%	01/06/2025
ESBS Regular Monthly Saver	3.75%	3.60%	01/06/2025
Progressive BS Online Regular Rainy Day Saver	6.50%	6.25%	01/06/2025
Progressive BS Online Regular Rainy Day Saver Issue 3	5.75%	5.50%	01/06/2025
Stafford Railway BS Regular Saver	4.75%	4.40%	01/06/2025

With the following coming into effect on Monday 2/6/25:

Account	Old rate	New rate	Date
Bath BS 16-25 Regular Saver	6.89%	6.65%	02/06/2025
Bath BS Homestart Regular Saver	4.34%	4.10%	02/06/2025
Bath BS The Regular Saver	3.84%	3.60%	02/06/2025
Coventry BS Loyalty Mortgage RS	5.75%	5.50%	02/06/2025
Coventry BS Loyalty Seasonal Saver	5.75%	5.50%	02/06/2025
Coventry BS First Home Saver	4.85%	4.60%	02/06/2025
Coventry BS First Home Saver (2)	4.80%	4.60%	02/06/2025
Coventry BS Loyalty Regular Saver (2)	6.00%	5.75%	02/06/2025
Coventry BS Regular Saver	4.30%	4.05%	02/06/2025
Coventry BS Regular Saver (6)	4.50%	4.25%	02/06/2025
Coventry BS Sunny Day Saver	6.00%	5.75%	02/06/2025
Coventry BS Young Saver	4.50%	4.25%	02/06/2025
Darlington BS 12 Month RS	5.00%	NO CHANGE	02/06/2025
Darlington BS Green Regular Saver	3.45%	NO CHANGE	02/06/2025
Darlington BS High Days & Holidays Saver	3.20%	NO CHANGE	02/06/2025
Darlington BS regular esaver	3.45%	NO CHANGE	02/06/2025
Darlington BS regular saver	3.45%	NO CHANGE	02/06/2025
Darlington BS Home Deposit Saver	4.20%	4.00%	02/06/2025
Darlington BS Special Occasion Saver	3.45%	NO CHANGE	02/06/2025
Vernon Online Regular Saver	6.25%	6.00%	02/06/2025

Slinky

jameseonline said:

.

Sorted myself with a decent Iceland shop too because I need to stock up & wasn't expecting the money to be available.

Hopefully you got cashback from Airtime/Topcashback or similar!

Bridlington1

A summary of changes to the listings on the first page of The Top Regular Savers Discussion Thread between 1st May 2025 and 31st May 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 1/5/25 and 31/5/25 (see first page of The Top Regular Savers Discussion Thread for details):

Saffron BS Refer A Friend Saver at 8%~~~ Launched 31/5/25
Chorley BS Regular Saver (30.04.2026) at 5.15%~~~ Launched 1/5/25
Leeds BS Home Deposit Saver (Issue 4) at 4.8%~~~ Launched 14/5/25
Aldermore Regular Saver Account (Issue 3) at 4.75%~~~ Launched 13/5/25
Leeds BS Regular Saver (Issue 65) at 4.7%~~~ Launched 30/5/25
Chorley BS Regional 2 Year Flexible Saver (30.04.2027) at 5.15%~~~ Launched 1/5/25

The following accounts have been removed between 1/5/25 and 31/5/25:

~~~~~~NLA 1/5/25 ~~~~~~Leeds BS Regular Saver (Issue 63) ~~~ Launched 1/4/25

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 5/4/2027
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 1/5/25 ~~~~~~Chorley BS Regular Saver (31.03.2026) ~~~ Launched 1/4/25
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 31/3/26
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 30/4/25. Only one Regular Saver and one Seasonal Saver can be held in any 12 month rolling period.


~~~~~~NLA 1/5/25 ~~~~~~Chorley BS Regional 2 Year Flexible Saver (31.03.2027) ~~~ Launched 1/4/25
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 31/3/27
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 30/4/2025. 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 8/5/25 ~~~~~~ Skipton Home Deposit Saver (Issue 3) ~~~ Launched 6/2/25
Interest rate: 4.56% gross p.a. variable
Monthly payment: £0-£500 per calendar month
Miss any payments: Yes, as many as you wish
Penalty-free withdrawals: No withdrawals except for account closure, which you can do without notice and without penalty
Age of applicant: Aged 16 years old or older
How to open account: Branch, online, telephone or post
Length of account term: 24 months from date of first deposit
Maximum balance: £12,000 plus interest
Deposits on non-working days: Treated as having been received the next working day.
Special conditions: Any unused monthly allowances can be rolled over to future months, up to a maximum of £12,000 over the 24 month term

~~~~~~NLA 8/5/25 ~~~~~~ Saffron BS Ware Regular Saver
Interest rate: 4.75% gross p.a. variable
Monthly payment: £1-£250 per calendar month
Miss any payments: No penalties for missing any payments
Penalty-free withdrawals: Unlimited
Age of applicant: Aged 16 or older
Length of account term: 36 months from opening
Maximum balance: £9,000
How to open account: Ware branch only
Deposits on non-working days: Treated as having been received the next working day.
Special conditions: N/A

~~~~~~NLA 13/5/25 ~~~~~~ Aldermore Regular Saver Account (Issue 2)
Interest rate: 5% gross p.a. variable (reduces to 4.75% on 28/5/25)
Monthly payment: £0-£300 per calendar month
Miss any payments: Yes, as many as you wish
Penalty-free withdrawals: Yes, as many as you wish
Age of applicant: Age 18 or over

How to open account: Online
Length of account term: 12 months from the date of opening
Maximum balance: N/A
Deposits on non-working days: Treated as having been received the same day.
Special conditions: You cannot open this account if you already have an Aldermore Regular Saver Account (Issue 1). Deposits must come from your nominated account or another Aldermore account in your name.

~~~~~~NLA 14/5/25 ~~~~~~Leeds BS Home Deposit Saver (Issue 3) ~~~ Launched 7/2/25
Interest rate: 4.9% gross p.a. variable (reduces to 4.8% from 27/6/25)
Monthly payment: £0-£500 per calendar month
Miss any payments: No stated penalties for missing any payments
Penalty-free withdrawals: One penalty free withdrawal per calendar year excluding closure subject to the minimum balance of £100 being maintained
Age of applicant: Aged 18 or older
How to open account: Branch, online or post
Length of account term: No maturity date
Maximum balance: £30,000 plus interest
Deposits on non-working days: Treated as having been received the same day.
Special conditions: There is a £500 bonus if you take out a residential mortgage subject to certain conditions (see website for more details). Withdrawals/closure can be made by faster payment over the phone.

~~~~~~NLA 14/5/25 ~~~~~~Coventry BS Loyalty Regular Saver (3) ~~~ Launched 22/4/25
Interest rate: 5% AER variable
Monthly payment: £0-£250 per account month
Miss any payments: Yes as many as you like
Penalty-free withdrawals: No, withdrawals/closure subject to a penalty of 30 days interest on the funds withdrawn. The penalty for closing the account is waived if Coventry BS have announced a cut to the interest rate of this account in the last 30 days. 
Age of applicant: Aged 18 or over
How to open account: Online, branch, post, telephone, app
Length of account term: 12 months from opening
Maximum balance: N/A
Deposits on non-working days: Treated as having been received the same day.
Special conditions: To be able to open this account, you’ll need to have held or been linked to a savings or mortgage account with Coventry Building Society, ITL Mortgages Limited or Godiva Mortgages Limited continuously since 1 January 2025 or earlier. If opening a joint account both customers will need to be eligible. There will be a prize draw for those who have £100 in the account on 31 May 2025.

The following accounts have been and gone between 1/5/25 and 31/5/25:

~~~~~~NLA 30/5/25 ~~~~~~Leeds BS Regular Saver (Issue 64) ~~~ Launched 1/5/25
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 4/5/2027
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 31/5/25 ~~~~~~Virgin Money Regular Saver Exclusive Issue 2~~~ Launched 1/5/25

Interest rate: 6.5% AER fixed
Monthly payment: £0-£250 per calendar month
Miss any payments: Yes, miss as many as you wish
Penalty-free withdrawals: Unlimited
Age of applicant: Aged 16 for branch opening, 18+ for online opening
How to open account: Online or Branch 
Length of account term: Matures 29/5/2026
Maximum balance: N/A
Deposits on non-working days: Treated as having been received the next working day.
Special conditions: You may only hold one Virgin Money Regular Saver of any issue at a time. You must have a Virgin Money personal current account (excluding Essential Current Account or Virgin Money Current Account) to be able to open this account.

Changes to thresholds:

Previously I was only including accounts where the interest rate is 4.6% or better, or 4.4% if the account has favourable conditions (e.g. you can pay in £500 per month or more, the interest rate is fixed, or if the account matures after at least 2 years).

As you shall no doubt be aware the BOE Base Rate was cut from 4.5% to 4.25% on 8/5/25. After reviewing the wider savings landscape following this decision I have chosen to alter the thresholds for regular savers to be included on the main Regular Savers List.

I am now including accounts where the interest rate is 4.5% or better, or 4.3% if the account has favourable conditions (e.g. you can pay in £500 per month or more, the interest rate is fixed, or if the account matures after at least 2 years).

I have now removed the following regular savers as they have announced reductions to their interest rates to below these new thresholds:

Saffron BS Small Saver
Interest rate: 4.7% AER variable from 14/3/25 (reduces to 4.4% from 10/6/25)
Monthly payment: £1-£50 per calendar month
Miss any payments: No stated penalty for missing any payments
Penalty-free withdrawals: Yes, one per month
Age of applicant: At least 16 years old
How to open account: Branch, online or post
Length of account term: 12 months from the date of opening
Maximum balance: £600
Deposits on non-working days: Treated as having been received the next working day.
Special conditions: You can only hold one Regular Saver or Small Saver per customer, be it held in sole or joint name(s), with Saffron Building Society at a time.

Yorkshire Building Society Regular eSaver/saver
Interest rate: 4.65% AER variable from 11/3/25 (reduces to 4.45% from 19/6/25)
Monthly payment: £0-£250 per calendar month
Miss any payments: Miss as many payments as you wish
Penalty-free withdrawals: Yes, 2 withdrawal days during the account term.
Age of applicant: Aged 16 or over
How to open account: Online if opening the eSaver, branch/post if opening the other version.
Length of account term: 12 months from opening
Maximum balance: £3,000
Deposits on non-working days: Treated as having been received the same day.
Special conditions: N/A

Coventry BS Regular Saver (6)
Interest rate: 4.5% gross p.a. variable from 3/3/25 (reduces to 4.25% from 2/6/25)
Monthly payment: £0-£500 per account month
Miss any payments: Yes as many as you like
Penalty-free withdrawals: No, withdrawals/closure subject to a penalty of 30 days interest on the funds withdrawn. The penalty for closing the account is waived if Coventry BS have announced a cut to the interest rate of this account in the last 30 days. 
Age of applicant: Aged 16 or over
How to open account: Online, branch, post, telephone
Length of account term: 12 months from opening
Maximum balance: N/A
Deposits on non-working days: Treated as having been received the same day.
Special conditions: N/A

Saffron BS 12 Month Members' Regular Saver
Interest rate: 4.5% AER variable from 14/3/25 (reduces to 4.2% from 10/6/25)
Monthly payment: £50-£500 per calendar month
Miss any payments: No stated penalty for missing any payments
Penalty-free withdrawals: Unlimited
Age of applicant: At least 16 years old
How to open account: Branch, online or post
Length of account term: 12 months from the date of opening
Maximum balance: £6000
Deposits on non-working days: Treated as having been received the next working day.
Special conditions: You must have held a savings or mortgage account with Saffron for 12 months. Alternatively you must have been a signatory, Power of Attorney or Court of Protection with Saffron for at least 12 months. You can only hold one Regular Saver or Small Saver per customer, be it held in sole or joint name(s), with Saffron Building Society at a time.

Saffron BS Children's Regular Saver
Interest rate: 4.75% AER variable from 14/3/25 (reduces to 4.45% from 10/6/25)
Monthly payment: £5-£100 per calendar month
Miss any payments: Yes, you can miss as many as you like
Penalty-free withdrawals: As many as you like
Age of applicant: Under 18
How to open account: Branch and post only
Length of account term: 1 year from account opening
Maximum balance: £1,200
Deposits on non-working days: Treated as having been received the next working day.
Special conditions: N/A

Coventry BS Young Saver
Interest rate: 4.5% AER variable from 3/3/25 (reduces to 4.25% from 2/6/25)
Monthly payment: £1-£200 per calendar month
Miss any payments: Yes, you can miss as many as you like
Penalty-free withdrawals: As many as you like
Age of applicant: Aged 7 - 17
How to open account: Branch only
Length of account term: Matures when the child turns 18
Maximum balance: £5,000
Deposits on non-working days: Treated as having been received the same day.
Special conditions: N/A

I have now added the following regular savers as they now meet the criteria to be included in my lists under the new thresholds:

Furness BS 1 Year Regular Saver (Issue 6) ~~~ Added 31/5/25***
Interest rate: 4.5% gross p.a. variable
Monthly payment: £1-£250 per calendar month
Miss any payments: No If a monthly payment is missed they will give you 14 days written notice and transfer your balance to an access account and the relevant interest rate will apply from this date. 
Penalty-free withdrawals: Yes, 1 withdrawal during the account term, additional withdrawals will result in the account being converted into an access account..
Age of applicant: Aged 16 or over
How to open account: Online, branch and post
Length of account term: 12 months from opening
Maximum balance: N/A
Deposits on non-working days: Treated as having been received the next working day.
Special conditions: Payments in are credited the working day after being sent. ***Account launched 11/2/25 but not eligible for inclusion until 31/5/25 due to changing thresholds

Skipton BS Home Deposit Saver Issue 4 ~~~ Added 31/5/25***
Interest rate: 4.31% gross p.a. variable
Monthly payment: £0-£500 per calendar month
Miss any payments: Yes, as many as you wish
Penalty-free withdrawals: No withdrawals except for account closure, which you can do without notice and without penalty
Age of applicant: Aged 16 years old or older
How to open account: Branch, online, telephone or post
Length of account term: 24 months from date of first deposit
Maximum balance: £12,000 plus interest
Deposits on non-working days: Treated as having been received the next working day.
Special conditions: Any unused monthly allowances can be rolled over to future months, up to a maximum of £12,000 over the 24 month term. ***Account launched 8/5/25 but not eligible for inclusion until 31/5/25 due to changing thresholds

roked

Kim_13 said:

roked said:

My Skipton RS was set for maturity yesterday and did not know what to expect given today is a non-working day. The RS disappeared overnight and I was able to apply for a new one today and its funded and surprisingly showing with a deposit of today's date (since it's not supposed to show for a non-working day), so I should be good to deposit again in June. Weirdly the new maturity date is now set for 1st June 2026, not sure why that has happened

One drawback though is that I have not received the funds from the old RS, I guess that will not be processed until Monday. 

Skipton are reported to start the 12 month term from the date of funding and not the date of application, so as they do not accept deposits on non-working days, they will treat it as received on 2 June, leading to a maturity date of 1 June 2026.

That was my point, it does not tie up. It is currently showing as a deposit of today, not Monday, which is what I think it normally does as a date for the transaction on non-working days (unless I have mixed it up with some other account). I will find out for sure when I try to deposit for June. 

Andystriker

35har1old said:

IanManc said:

10_66 said:

Hattie627 said:

Principality BS

My Regular Saver Bond Issue 34, with a maturity date of 30 May, now showing as matured into a 6 month RS (Issue 3) (my fourth of that issue, edited to third, my fourth expected on 5 June), with maturity interest added of £100.66 and £200 rolled-over and account number maintained. New MD of 30th Nov 2025. 

Balance expected into my nominated account later today. (Edited to add: Balance of £2900.66 received in nominated account before 10am on maturity date. Very efficiently done)


Hopefully Lisa won't notice what's happened

My 6 Month (2) matures next week, as the option was available I gave my instructions a few days' ago for renewal to another 6 Month (3).  I checked the screenshot I took when I gave instructions and it does confirm I requested £200 to new 6 Month, the rest to go to nominated bank account.  However, I received a letter today (not the lady who's been mentioned above, but from someone else), saying "they're pleased to confirm they've actioned my request and the funds will go to nominated account".  No mention that £200 will go to new issue 3, which (I think) previous letters have mentioned.  So, I'm not holding my breath 

I gave the same instruction as you in the same circumstances for a 6 month account that matured today, and also got exactly the same letter, but my instructions have been fully carried out, so I've now got my second 6 Month Issue 3 with £200 in it, and the rest of my money is in my current account.

I would be concerned if they discover the error as you have ticked a box confirming that you have read the summary.

Principality RS3

And if they discover he ticked a box, what will they do. I guess the worst would be either not open the account or close the account and refund any money.

Hardly a reason for any concern.

friolento

SAFFRON Member RS

My old Member RS matured today, and as per my instructions, £50 were retained for another 8% account, the rest paid into my current account today. All very impressive, smooth and easy to do except in the Account Info it confusingly says the product name is Small Saver B. I never applied for an account with that name, and I don't really mind too much what the account is called. Just wondering whether I might now also qualify for an 8% Members Month RS when it appears tomorrow?

roked

roked said:

Kim_13 said:

roked said:

My Skipton RS was set for maturity yesterday and did not know what to expect given today is a non-working day. The RS disappeared overnight and I was able to apply for a new one today and its funded and surprisingly showing with a deposit of today's date (since it's not supposed to show for a non-working day), so I should be good to deposit again in June. Weirdly the new maturity date is now set for 1st June 2026, not sure why that has happened

One drawback though is that I have not received the funds from the old RS, I guess that will not be processed until Monday. 

Skipton are reported to start the 12 month term from the date of funding and not the date of application, so as they do not accept deposits on non-working days, they will treat it as received on 2 June, leading to a maturity date of 1 June 2026.

That was my point, it does not tie up. It is currently showing as a deposit of today, not Monday, which is what I think it normally does as a date for the transaction on non-working days (unless I have mixed it up with some other account). I will find out for sure when I try to deposit for June. 

Its let me put in another £250 today without any issues and already showing on my balance. So it seems the deposits are counted on non-working days, just the interest is not and hence the 1st June maturity makes sense. Happy enough to start the RS with £500 from day 1 for the extra couple of pence 

jameseonline

friolento said:

SAFFRON Member RS

My old Member RS matured today, and as per my instructions, £50 were retained for another 8% account, the rest paid into my current account today. All very impressive, smooth and easy to do except in the Account Info it confusingly says the product name is Small Saver B. I never applied for an account with that name, and I don't really mind too much what the account is called. Just wondering whether I might now also qualify for an 8% Members Month RS when it appears tomorrow?

As long as the interest rate is showing up correctly you should be fine.

I'm fairly sure I've contacted them in the past about account names that show in app etc Vs product actually applied for mind you could be other companies also.

allegro120

friolento said:

SAFFRON Member RS

My old Member RS matured today, and as per my instructions, £50 were retained for another 8% account, the rest paid into my current account today. All very impressive, smooth and easy to do except in the Account Info it confusingly says the product name is Small Saver B. I never applied for an account with that name, and I don't really mind too much what the account is called. Just wondering whether I might now also qualify for an 8% Members Month RS when it appears tomorrow?

Mine is supposed to mature today.  I've instructed (online) 14 days ago to close the account and transfer the whole balance to my nominated bank account. Nothing happened yet, still showing 8% Members Month RS with £600 balance. The idea was to close the old one and manually open a new one (£50 to a new MM and the rest to my bank) but the account wasn't available at the time. It still allows me to change my instruction, but as it is the actual maturity day I don't want to confuse the system.  I thought the transaction didn't happen because it's Sunday, but it looks like this is not not the case.

jameseonline

allegro120 said:

friolento said:

SAFFRON Member RS

My old Member RS matured today, and as per my instructions, £50 were retained for another 8% account, the rest paid into my current account today. All very impressive, smooth and easy to do except in the Account Info it confusingly says the product name is Small Saver B. I never applied for an account with that name, and I don't really mind too much what the account is called. Just wondering whether I might now also qualify for an 8% Members Month RS when it appears tomorrow?

Mine is supposed to mature today.  I've instructed (online) 14 days ago to close the account and transfer the whole balance to my nominated bank account. Nothing happened yet, still showing 8% Members Month RS with £600 balance. The idea was to close the old one and manually open a new one (£50 to a new MM and the rest to my bank) but the account wasn't available at the time. It still allows me to change my instruction, but as it is the actual maturity day I don't want to confuse the system.  I thought the transaction didn't happen because it's Sunday, but it looks like this is not not the case.

Maybe tomorrow as it's Sunday at the moment, that said I moved 4p interest from my Saffron easy access today to my nominated account