Regular Saver Thread **New and Restarted**

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  • cosh25
    cosh25 Posts: 116
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    Newcastle Building Society now have a Regular Saver Account.

    Only availble to residents in their operating area; NE, SR, DH, TD15, TD12, DL, TS, CA1 - 11.

    Can pay in £200.00 p/m up to the max balance of £25000.00.

    Interest rate is 2.25%, including 1.40% bonus proving deposit made every month. Withdrawals allowed.

    Some other bits in the T&C's on the website.
  • Westie983
    Westie983 Posts: 5,213
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    Would this be the Chiltern Gold Builder ? They froze the account at the end of Oct 2014 and after some changes to interest rates, they allowed a resumption of deposits at start of Sep 2016 and changed T&C to permit unlimited withdrawals. Monthly payments can be between £25 and £250 but must be same each month with no top ups. Monthly payment can be changed only once per annum and then must stay same for rest of that calendar year. Current interest rate is 2.00% (eff 01 Dec 2017). I assume they made it a closed issue at Oct 2014, but they did not say in so many words. But as of Sep 2016, it can continue to be operated by those who held onto it when it was frozen. So no - no maturity date - just keep going.

    Ted

    No, I have the simple regular saver issue 2...

    Westie983
    I’m a Forum Ambassador and I support the Forum Team on the Banking & Borrowing, and Reduce Debt & Boost Income boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySaving Expert.
    Save 12k in 2023 #58 Total (£4500.00) £2500.00/£5000 = 50.00%
    Sealed Pot Challenge ~17 #24 Total (£55.00) £0.00/£500 = 0.00%
    Xmas 2023 £1 a Day #13 Total (£85.00) £344.00/£365 = 94.24%
    Virtual Sealed Pot #1 Total (£500) £550.00/£500 = 110.00%
    £2 Savers Club 2023 #17 Total (£25.00) £45/£300 = 15.00%
    The 365 1p Challenge 2023 #7 Total £656.19/£667.95 = 98.23%
    Total £4095.19/£7332.95 = 55.84%
  • cosh25 wrote: »
    Newcastle Building Society now have a Regular Saver Account.

    Only availble to residents in their operating area; NE, SR, DH, TD15, TD12, DL, TS, CA1 - 11.

    Can pay in £200.00 p/m up to the max balance of £25000.00.

    Interest rate is 2.25%, including 1.40% bonus proving deposit made every month. Withdrawals allowed.

    Some other bits in the T&C's on the website.

    Thanks to cosh25 .. here is the BS link

    https://www.newcastle.co.uk/savings/savings-types/regular-saver/newcastle-regular-saver/

    The detail indicates application at a Branch only but Online application are also offered at the bottom of the screen
  • Westie983 wrote: »
    Does anyone here still hold the Buckinghamshire RS?

    I have been funding it each month since late 2016 and I notice on the website that it is now a closed account....

    Do you know when it 'matures' or do I just keep going?

    I know other accounts like Leeds, let me know when they are stopping payments in, but not heard from Bucks about their account. Simple Regular Saver Issue 3 is now visible on their accounts. Westie983

    My Simple RS keeps going .. opened in 2013.
  • surreysaver
    surreysaver Posts: 4,022
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    Are we due a new Virgin Money Regular eSaver any day now?
    I consider myself to be a male feminist. Is that allowed?
  • RG2015
    RG2015 Posts: 5,821
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    2.30 Tomorrow afternoon
  • Mee
    Mee Posts: 1,441
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    I thought you could not open a Lloyds Monthly
    Saver and a Club Lloyds Monthly Saver, but have been able to do so.
    Free thinker.:cool:
  • Steve_xx
    Steve_xx Posts: 6,970
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    Mee wrote: »
    I thought you could not open a Lloyds Monthly
    Saver and a Club Lloyds Monthly Saver, but have been able to do so.

    Yes you can.
  • mgarl10024
    mgarl10024 Posts: 643
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    Are we due a new Virgin Money Regular eSaver any day now?
    RG2015 wrote: »
    2.30 Tomorrow afternoon

    I can almost smell that 2.5% :wink:
  • mhoc
    mhoc Posts: 19,262
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    If there is to be a Virgin Money Regular eSaver issue 10 launched this afternoon and if it does have 2.5% interest .... all speculation so far ...
    But if your if the finances are a bit tight then might it be worth closing Virgin Money Regular eSaver issue 4 - mine finishes 20/04 so there is only one more set of £250 to go into it.
    My issue 4 only produced £32 in interest and there is only one month to go so might the £250 be better used to set up the issue 10 ...
    “Create all the happiness you are able to create; remove all the misery you are able to remove. Every day will allow you, --will invite you to add something to the pleasure of others, --or to diminish something of their pains.”
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