The Top Regular Savers Discussion Thread

soulsaver

Just rang Cov BS cos 'something's gone wrong' several times online trying to give the requisite 60 day notice on FHS2 (4.25%)

She let me close today without penalty, if useful to anyone. She didn't understand why but 'system says no pen'.

Note: 10 minutes wait for pickup but press 1 for call back (not tested).

JB50MSE

Are there other ONGOING Regular Savers, in addition to the Royal Bank of Scotland Digital Regular Saver?

I seek an ongoing Regular Saver with an interest rate better than most/every easy access accounts, which permits at least limited access, and I don't have to ditch and switch, or restart, after a year or two.

The RBS Digital Regular Saver permits: maximum £150 per month payment in, withdrawals anytime, and pays a fair variable rate of interest (5.25% AER as at 8/5/26) on the balance up to £5K. For me, the helpful aspect is that I don't have to stop and restart every 12 months; I just keep this particular account going. I don't withdraw unless I need the money, or unless it exceeds £5K (after several years of saving). So I usually keep between £4K and £5K in this account.

I know other Regular Savers pay a higher interest rate for the first 12 months, but after say 24 months of monthly saving £150, the interest on this RBS Reg Saver account beats other easy access accounts because the interest is paid on my higher balance, doesn't it?

mon3ysav3r

https://forums.moneysavingexpert.com/discussion/comment/81991387#Comment_81991387

Natwest have an identical Digital Regular Saver https://www.natwest.com/savings/digital-regular-saver.html

I have both

dibbles212

https://forums.moneysavingexpert.com/discussion/comment/81991387#Comment_81991387

Also Santander, although only 5%. If you set up a Standing Order then the monthly saver renews automatically each year.

gt94sss2

https://forums.moneysavingexpert.com/discussion/comment/81991387#Comment_81991387

There are a number of options listed on the first page of this thread.

JB50MSE

https://forums.moneysavingexpert.com/discussion/comment/81991508#Comment_81991508

Thanks, although none I can see except RBS, and the Nat West equivalent, with better interest rates than all easy access savers.

Descrabled

RBS NatWest

I no longer consider these to be regular savers as mine have had balances of £5000 for over a year. I consider that they are easy access to be used as feed for other regular savers when my Cahoot SDSs are exhausted.

My regular savers limit is at the 5.4% minimum excepting for the BoS account that is too complicated to close. I suspect my limit will rise to 5.75% minimum when my easy access accounts, including RBS/NatWest are empty in November.

I've just restarted my first direct account that disappeared, today, from my online account list.

allegro120

https://forums.moneysavingexpert.com/discussion/comment/81991585#Comment_81991585

These are the only two of this quality available at the moment. I've had a few open ended RSs, that offered good rates at the beginning and later reduced them below the rate I get from EAs. The longest one I had was with Coventry, can't remember for how many years but at the point of withdrawal the balance was somewhere around £65k (£250pm). Others dropped their rates much quicker so I closed most of them within 1 year.

I opened RBS/Natwest DS in October 2020 - this account/s has never failed to keep the rate above my EAs.

s71hj

https://forums.moneysavingexpert.com/discussion/comment/81991492#Comment_81991492

Not quite the same as with Santander you go down a snake back to the bottom of the board after 12 months and are once again merely earning interest on a gradually rising balance. This is why I'm loathe to withdraw from RBS and Natwest even though their interest rate is a little below my minimum for normal regular savers

Pickledonionlover

Loughborough holiday monthly RS maturity

I have this down as a 31/05/26 maturity date.

Has anyone received any maturity options / guidance yet?