The Top Regular Savers Discussion Thread

Cold_comfort

gt94sss2 said:

gt94sss2 said:

Coventry BS RS

I have a CBS account due to mature on Friday/Saturday.

Could someone remind me of CBS process withdrawals on the same day/over the weekend?

Anyone have any recent experiences with RS maturities at CBS?

My Coventry BS First Home Saver recently matured on a Sunday.
It automatically became a First Home Access account (with a much lower interest rate).
I was able to arrange online a withdrawal of the maturing balancing into my nominated account first thing Monday and it arrived at 12.18pm the same day.
It's also possible to receive the maturing balance by closing the account on the web version (not sure if that affects the timing of arrival of funds) but then access is lost to statements, certificates since it began as a First Home Saver account.

Bridlington1

Principality BS Interest Rate Reductions 5/2/26:

Principality BS 1 Year Triple Access Regular Saver from 4.95% to 4.75%
First Home Steps Savings Account (Issue 5) from 4.2% to 4%

Bridlington1

Co-operative Bank Interest Rate Reductions 9/3/26:

Regular Saver ~~~ NO CHANGE ~~~~ Remains at 7%

Bridlington1

Leek BS Interest Rate Reductions 9/1/26:

Regular Saver Account (Issue 3) reduces from 4.2% to 4.05%

Bridlington1

Aldermore Interest Rate Reductions 2/1/26:

Regular Saver Account (Issue 3) reduces from 4.5% to 4.2%

allegro120

gt94sss2 said:

gt94sss2 said:

Coventry BS RS

I have a CBS account due to mature on Friday/Saturday.

Could someone remind me of CBS process withdrawals on the same day/over the weekend?

Anyone have any recent experiences with RS maturities at CBS?

Money will automatically move to an easy access saver (7) paying 2.2%.  

For me it's a question whether to close the account or withdraw tomorrow and close on Monday.  I remember that withdrawals arrive on the same day, but forgot about the closures.  Would be nice to do it in one go and receive funds on Friday.

SJMALBA

I closed my CBS First Home Access account in the early hours of today - the funds arrived after midday today.

dcs34

Bridlington1 said:

Principality BS Interest Rate Reductions 5/2/26:

Principality BS 1 Year Triple Access Regular Saver from 4.95% to 4.75%
First Home Steps Savings Account (Issue 5) from 4.2% to 4%

It may be worth noting whether the interest reduction applies only to new accounts or if rate drops will affect existing customers (appreciate the BS don't always make it clear!)

Bridlington1

dcs34 said:

Bridlington1 said:

Principality BS Interest Rate Reductions 5/2/26:

Principality BS 1 Year Triple Access Regular Saver from 4.95% to 4.75%
First Home Steps Savings Account (Issue 5) from 4.2% to 4%

It may be worth noting whether the interest reduction applies only to new accounts or if rate drops will affect existing customers (appreciate the BS don't always make it clear!)

I wouldn't've thought it necessary to state that explicitly, for all cuts I mention the changes affect anyone who holds the accounts specified.

If a bank or building society decides they want to cut the rate for new customers but not existing customers they'd bring out a new issue at a lower rate and leave the previous issue unchanged. If they decide they want to cut the rate for existing customers but not new customers they'd bring out a new issue at the same rate and cut the previous issue(s). In both cased you'd be speaking of new issues, which would be classed as different accounts and listed separately for the purposes of the lists I maintain.

allegro120

dcs34 said:

Bridlington1 said:

Principality BS Interest Rate Reductions 5/2/26:

Principality BS 1 Year Triple Access Regular Saver from 4.95% to 4.75%
First Home Steps Savings Account (Issue 5) from 4.2% to 4%

It may be worth noting whether the interest reduction applies only to new accounts or if rate drops will affect existing customers (appreciate the BS don't always make it clear!)

These rates are variable and the changes affect everyone holding these accounts.  If the product is still available to new customers the change will apply to them too.  They always make it clear what the rate is, it's a legal requirement for saving products.  If providers want to offer a different rate to new applicants they normally release a different product (different issue of the same or different name).