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Regular Saver Thread **New and Restarted**

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  • 1882
    1882 Posts: 497 Forumite
    Part of the Furniture 100 Posts
    I know some folk on here go a long way to get good interest rates, opening multiple current accounts etc. but having kids to get it seems a tad over the top! :rotfl:
  • schiff
    schiff Posts: 20,279 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    1882 wrote: »
    I know some folk on here go a long way to get good interest rates, opening multiple current accounts etc. but having kids to get it seems a tad over the top! :rotfl:

    Chances are the interest rate will be cut about the nine months from now date.
  • Hi Everybody,

    Here is this weekend's update.

    - Ipswich BS account updated to show interest rate dropping by 0.1% from 2nd January 2020

    I will do the next update next weekend.

    SS2
    For those new to this thread, the first few posts are constantly updated and are on the first page
  • JamesRobinson48
    JamesRobinson48 Posts: 281 Forumite
    Eighth Anniversary 100 Posts Name Dropper
    edited 18 December 2019 at 5:52PM
    Stafford Railway BS has launched an RSA: 2.00% variable, max £500 per month, branch/postal, available to UK residents, no online functionality, RSA appears to have indefinite term.

    https://srbs.co.uk/savings/regular-savings-issue-1/

    They seem quite picky on ID. I might hold off, just for now.
  • My Principality Regular Saver Issue 19 matured Today and appeared straight into my Current account.

    I've got Issue 20 and the Xmas saver in the pipeline, and i'm also in their Rewards scheme so there's a hope of a free ticket to the Principality Stadium sometime :money:

    Very happy with this Building Society. :T
    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..."
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Agreed, Principality is a nice BS to deal with
  • This RS is good in current climate as it will allow you to put up to £500 per month, no maturity and 4 fee free withdrawals pa which is more than enough for people who already have some other RSAs.

    Can I withdraw money?
    • No notice required for Cash withdrawals up to £500. A minimum of 24 hours’ notice for cash withdrawals up to £2,500 is required.
    • Withdrawals will not be allowed without the passbook.
    • Withdrawals can be made by post (cheque only) and must include a signed letter specifying the amount and cheque payee along with the passbook.
    • Withdrawals are limited to no more than 4 per Society year.

    Stafford Railway BS has launched an RSA: 2.00% variable, max £500 per month, branch/postal, available to UK residents, no online functionality, RSA appears to have indefinite term.

    https://srbs.co.uk/savings/regular-savings-issue-1/

    They seem quite picky on ID. I might hold off, just for now.
  • Interesting one... Why don't they have online? At least to check your balance.
    And not even phone?
  • colsten wrote: »
    Agreed, Principality is a nice BS to deal with

    Nice when rectifying their mistakes.

    I called them on 28/11 to give maturity instructions to my account maturing on 12/12. All good.

    Two hours later I noticed a deposit of £6065 in my current account. It came from PBS....they had closed my account!

    On calling them they immediately put their hands up to the mistake and offered me a considerable amount more than any lost interest. :)
  • just noticed the Principality RS @ 2.75% has been pulled!
    Is that news?
    I choose the rooms that I live in with care,
    The windows are small and the walls almost bare,
    There's only one bed and there's only one prayer;
    I listen all night for your step on the stair.
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