The Top Regular Savers Discussion Thread

clairec666

The two Skipton regular savers both track the base rate, so we can be sure of their rate cuts. Presumably cuts to other variable rate accounts will be announced over the next few days.

Ones to keep an eye out for:
Cooperative - currently 7%, wasn't cut with the last BOE base rate cut
Nationwide - currently 6.5%, been at the same rate for quite a while now
Coventry Sunny Day Saver - currently 5.75%
NatWest/RBS - currently 5.5%, had a big cut recently so am optimistic that they won't cut it again so soon

Also worth keeping an eye on Principality to see if they introduce a 6 Month Regular Saver Issue 4 (and so the fun begins...)

s71hj

clairec666 said:

The two Skipton regular savers both track the base rate, so we can be sure of their rate cuts. Presumably cuts to other variable rate accounts will be announced over the next few days.

Ones to keep an eye out for:
Cooperative - currently 7%, wasn't cut with the last BOE base rate cut
Nationwide - currently 6.5%, been at the same rate for quite a while now
Coventry Sunny Day Saver - currently 5.75%
NatWest/RBS - currently 5.5%, had a big cut recently so am optimistic that they won't cut it again so soon

Also worth keeping an eye on Principality to see if they introduce a 6 Month Regular Saver Issue 4 (and so the fun begins...)

Given the effort I'm exerting with RBS and Natwest debit card round ups to get to 5000 I REALLY hope they don't!! 

akh43

crumpet_man said:

For those who have closed the matured Virgin RS, what was the interest received upon closure?  Not the total interest received, just the last payment.

Trying to work out if it is worth the time to phone up Virgin to close the account (already tried online, still waiting for it to be done) as all I am missing out on is the interest I could receive on the final interest payment.

Just closed my EA opened from RS on the phone and told that the interest of £26.96 will be transferred to my virgin current within 3-5 working days.

Had second thoughts on opening the RS3 @ 6.5% in light of the rate drop as its fixed, thanks for all the comments to do this as it changed my mind.

Speculator

clairec666 said:

The two Skipton regular savers both track the base rate, so we can be sure of their rate cuts. Presumably cuts to other variable rate accounts will be announced over the next few days.

Ones to keep an eye out for:
Cooperative - currently 7%, wasn't cut with the last BOE base rate cut
Nationwide - currently 6.5%, been at the same rate for quite a while now
Coventry Sunny Day Saver - currently 5.75%
NatWest/RBS - currently 5.5%, had a big cut recently so am optimistic that they won't cut it again so soon

Also worth keeping an eye on Principality to see if they introduce a 6 Month Regular Saver Issue 4 (and so the fun begins...)

Coventry always cut their rates , the other 3 less likely

francoghezzi

clairec666 said:

The two Skipton regular savers both track the base rate, so we can be sure of their rate cuts. Presumably cuts to other variable rate accounts will be announced over the next few days.

Ones to keep an eye out for:
Cooperative - currently 7%, wasn't cut with the last BOE base rate cut
Nationwide - currently 6.5%, been at the same rate for quite a while now
Coventry Sunny Day Saver - currently 5.75%
NatWest/RBS - currently 5.5%, had a big cut recently so am optimistic that they won't cut it again so soon

Also worth keeping an eye on Principality to see if they introduce a 6 Month Regular Saver Issue 4 (and so the fun begins...)

What I'm personally going to find interesting will be any decision related to the Regular Saver with fixed rate. Of course they won't change, but they could be replaced. How many weeks are going First Direct (7%) and Lloyds (6.25%) to survive? And what about the Halifax and Bank of Scotland fixed at 5.50% and so on ...? 

wmb194

francoghezzi said:

clairec666 said:

The two Skipton regular savers both track the base rate, so we can be sure of their rate cuts. Presumably cuts to other variable rate accounts will be announced over the next few days.

Ones to keep an eye out for:
Cooperative - currently 7%, wasn't cut with the last BOE base rate cut
Nationwide - currently 6.5%, been at the same rate for quite a while now
Coventry Sunny Day Saver - currently 5.75%
NatWest/RBS - currently 5.5%, had a big cut recently so am optimistic that they won't cut it again so soon

Also worth keeping an eye on Principality to see if they introduce a 6 Month Regular Saver Issue 4 (and so the fun begins...)

What I'm personally going to find interesting will be any decision related to the Regular Saver with fixed rate. Of course they won't change, but they could be replaced. How many weeks are going First Direct (7%) and Lloyds (6.25%) to survive? And what about the Halifax and Bank of Scotland fixed at 5.50% and so on ...? 

Those ones are promotional, eye catching rates so my guess is that they have a decent chance of surviving.

Bridlington1

wmb194 said:

francoghezzi said:

clairec666 said:

The two Skipton regular savers both track the base rate, so we can be sure of their rate cuts. Presumably cuts to other variable rate accounts will be announced over the next few days.

Ones to keep an eye out for:
Cooperative - currently 7%, wasn't cut with the last BOE base rate cut
Nationwide - currently 6.5%, been at the same rate for quite a while now
Coventry Sunny Day Saver - currently 5.75%
NatWest/RBS - currently 5.5%, had a big cut recently so am optimistic that they won't cut it again so soon

Also worth keeping an eye on Principality to see if they introduce a 6 Month Regular Saver Issue 4 (and so the fun begins...)

What I'm personally going to find interesting will be any decision related to the Regular Saver with fixed rate. Of course they won't change, but they could be replaced. How many weeks are going First Direct (7%) and Lloyds (6.25%) to survive? And what about the Halifax and Bank of Scotland fixed at 5.50% and so on ...? 

Those ones are promotional, eye catching rates so my guess is that they have a decent chance of surviving.

So were NatWest/RBS's DRSs at 6.17% (now 5.5%) and the TSB Monthly Saver (was 6%, now 5% to new customers) so I wouldn't take anything for granted. They may survive, they may not, I think it could go either way to be honest.

liamcov

Can anyone tell me what the following account actually is from Market Harborough, listed on my online banking is:

1 Yr Reg Svr Iss4

Only account I can see on their website is 

Fixed Term Regular Saver (30.09.2026)

Kim_13

If Coventry cut the Sunny Day Saver at this point, it will be a new level of stinginess. The accounts begin maturing in little more than three weeks and it was on sale for less than a month. So very little gain for them when factoring in the notice period and the admin taken to communicate a rate drop.

Bridlington1

liamcov said:

Can anyone tell me what the following account actually is from Market Harborough, listed on my online banking is:

1 Yr Reg Svr Iss4

Only account I can see on their website is 

Fixed Term Regular Saver (30.09.2026)

They're one and the same.