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Regular Saver Thread **New and Restarted**

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Comments

  • MDMD
    MDMD Posts: 1,566 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    Whilst I was sipping tea in a Virgin cubicle opening another Regular Saver, I was told by the chap doing the paperwork that Virgin were still stuck on the system they inherited from Northern Rock and that they were looking forward to moving onto a more modern system after the merger :beer:

    So I expect the Virgin anachronisms will not survive for long.

    I wonder what I can do with all those empty passbook pages :think:

    Let’s hope the Regular Savers themselves survive!
  • vermania
    vermania Posts: 66 Forumite
    Part of the Furniture 10 Posts Combo Breaker Name Dropper
    MDMD wrote: »
    Let’s hope the Regular Savers themselves survive!

    Yes, they have been consistently offering regular RSs with more generous rates for some time. The merger, and HSBC rate drops might cause a rethink. Make hay while the sun shines everyone! :money:
  • xylophone
    xylophone Posts: 45,678 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Let’s hope the Regular Savers themselves survive!

    When I was in the branch the day before Issue 19 came out and was told that the first appointment available was in a fortnight's time (and would have been a month if I'd wanted a Saturday), I mentioned the possibility of making a complaint to Virgin about what seems a ridiculous situation.

    The assistant simply said that they were the only institution allowing you to run several issues at the same time (and at 3% too) - implication, count yourself lucky- and that any complaint might hasten the demise of the product.....:eek:
  • xylophone wrote: »

    The assistant simply said that they were the only institution allowing you to run several issues at the same time (and at 3% too) - implication, count yourself lucky- and that any complaint might hasten the demise of the product.....:eek:

    Six institutions on my radar where I have multiple RS are running.

    Albeit not quite at 3%, not all available right now, some members only and some branch only.
  • Six institutions on my radar where I have multiple RS are running.

    Albeit not quite at 3%, not all available right now, some members only and some branch only.


    I have 2 RS with Lloyds. What are the others?
    Retired 1st July 2021.
    This is not investment advice.
    Your money may go "down and up and down and up and down and up and down ... down and up and down and up and down and up and down ... I got all tricked up and came up to this thing, lookin' so fire hot, a twenty out of ten..."
  • schiff
    schiff Posts: 20,301 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I have 4 with Nottingham BS, two with Monmouthshire BS, two with Chorley BS - in my name, for the avoidance of doubt. :)
  • pafpcg
    pafpcg Posts: 931 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    I have 2 RS with Lloyds. What are the others?
    HBOS
    Yorkshire BS
    Principality BS
    Monmouthshire BS
    Virgin Money
  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    schiff wrote: »
    I have 4 with Nottingham BS, two with Monmouthshire BS, two with Chorley BS - in my name, for the avoidance of doubt. :)

    I've got a few more than that with Notts...

    Also YBS from a former N&P and the YBS normal one.

    Around 40 RS in total.

    Frankly I'd be lost without them.

    ;-)
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Sadly, the Al Rayan 1.6% Everyday Saver is now no longer available to new applicants.

    The rate is maintained for now on existing accounts (new accounts are a paltry 1%).
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    colsten wrote: »
    Sadly, the Al Rayan 1.6% Everyday Saver is now no longer available to new applicants.

    The rate is maintained for now on existing accounts (new accounts are a paltry 1%).

    Sadly, it might be a signal that they will reduce the interest after sometimes.

    I have diverted one of my BOS SO to Al Rayan. It seems like I might have to divert it again to another AC when the interest drop.
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