The Top Regular Savers Discussion Thread

flaneurs_lobster

allegro120 said:

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). 

...unless they are a FinTech which seem to offer differing rates on the same product depending on which day of the week you join, often describing it as a "bonus" rather than an alteration to the underlying rate.

Bridlington1

Leeds BS Regular Saver (Issue 71) at 4.7% set to go NLA. Replaced by Issue 72 at 4.45%.

clairec666

flaneurs_lobster said:

allegro120 said:

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). 

...unless they are a FinTech which seem to offer differing rates on the same product depending on which day of the week you join, often describing it as a "bonus" rather than an alteration to the underlying rate.

Thankfully they save their rate-meddling for ISAs and leave our precious regular savers alone. The only decent regular saver offered by a fin tech company is Zopa, and their rate has stayed the same for months. Imagine the extra volume of posts on this thread if Plum, Trading 212, etc. released regular savers and we were subjected to their ever-changing "newbie bonuses"!

Bridlington1

clairec666 said:

flaneurs_lobster said:

allegro120 said:

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). 

...unless they are a FinTech which seem to offer differing rates on the same product depending on which day of the week you join, often describing it as a "bonus" rather than an alteration to the underlying rate.

Thankfully they save their rate-meddling for ISAs and leave our precious regular savers alone. The only decent regular saver offered by a fin tech company is Zopa, and their rate has stayed the same for months. Imagine the extra volume of posts on this thread if Plum, Trading 212, etc. released regular savers and we were subjected to their ever-changing "newbie bonuses"!

I think if they ever did that I'd probably just end up listing the interest changes as the underlying rate only and include the caveat that some may be receiving a bonus rate of interest on top. I'll cross that bridge when/if I come to it.

Though I seem to recall someone mentioning Chase could launch a RS at some stage and they are one of the ones who do this with EA accounts. That being said their round ups pot has remained unchanged at 5% for rather a long time (2021 IIRC) and the terms of the round ups account isn't that far off being a RS since all they need to do is add a term to say you can make additional monthly deposits up to £xx/mth by SO on top of the round ups so if I were to speculate I would say they'd be more likely to keep the interest rate on any future RS alone and not bother with loads of bonus rates of interest.

surreysaver

The 5% fixed Regular Savers are beginning to look enticing!

trickydicky14

Don't know about 'beginning' I've been keeping an eye on them for a while now. I have a few that I'll be funding a bit more now.

s71hj

Is it possible to pay in to Zopa RS by standing order rather than autosave? I've had a quick look ad couldn't see a way though I could see that it's possible to cancel /postpone autosave

surreysaver

s71hj said:

Is it possible to pay in to Zopa RS by standing order rather than autosave? I've had a quick look ad couldn't see a way though I could see that it's possible to cancel /postpone autosave

No, as it doesn't have its own account number. You could Standing Order the savings account, but then you'd have to go into the Zopa account to move the money to the Regular Saver Pot 

ColdIron

s71hj said:

Is it possible to pay in to Zopa RS by standing order rather than autosave? I've had a quick look ad couldn't see a way though I could see that it's possible to cancel /postpone autosave

You can set up a standing order from the current account/biscuits to the RS, mine is on the 22nd. I set up a standing order to biscuits from an external account for the day before

Optional: If you make it £500 it qualifies you for the bonus rate on the savings account, do whatever you want with the residual £200

I've never used autosave

kermchem

surreysaver said:

The 5% fixed Regular Savers are beginning to look enticing!

In the lead up to yesterday's base rate cut there was press coverage that this might be the first of several cuts in interest rates, so I decided that Halifax Regular Saver at 5.5% FIXED looked like an enticement that might grow over the next 12 months. It was the highest fixed rate that I didn't hold. By summer 2026 5.5% might look good.

I notice that there is some history in this thread about this account and the challenges of opening one, apparently easier if you are a Halifax current account customer, so here is my fresh experience in case anyone else feels 5.5% fixed is worth it.

Spoiler -  if you get to a screen that says something has gone wrong go to branch, then click "back" in your browser and complete the screen that has been jumped over.

Halifax's website says this can be opened online, on app, in branch or by phone. The branch bit is a lie.

I have been a Lloyds customer for decades, and held accounts with other parts of LBG, but never Halifax. Online it suggests that you can use a Lloyds or BoS login to open this account. Also not true. Nor can you use the Lloyds app (not sure anywhere claims you can).

OK, so apply online as a new customer. Complete their "Stage 1" form with personal details. Submit. Web then gives "Stage 2" form, asking how you will fund the account. Submit and then you get a page telling you there has been a problem and please try in branch. I repeated this several times over a couple of days, including in my local branch in front of staff, who are not able to open accounts in branch, but suggested phone or a branch 10 miles away that does offer appointments. Same experience in firefox, safari and edge under win 10, win 11 and ipadOs.

In the end I sat down to try the first form with multiple combinations of mobile and landline phone numbers and e-mail addresses in case I was failing an identity check (remember Lloyds knows me). Getting frustrated at completing form 1 from scratch, I decided to see if the back button in my browser would work at the "unsuccessful go to branch" page, and whoa here comes the never been seen before "Stage 3" form, asking you to agree to the Ts&Cs for this sort code and account number. Click agree and it works.  Within 5 minutes have e-mails confirming RS and associated Everyday saver (where funds empty in December 2026). Both accounts appear in Lloyds app. I funded RS by transfer from Lloyds CA in app.

Text OH who is having coffee and gossip with friend, confirm OH wants one too, and repeat. Only difference is that OH does not have the Lloyds app.

But with the BoE MPC voting only 5:4, will we see more rate cuts?