Regular Savings Accounts: The Best Currently Available List!

ThePirates

Virgin 10%er looks like it's NLA

jameseonline

ThePirates said:

Virgin 10%er looks like it's NLA

Was mentioned a few pages ago that it would be, well done if you got it

chris_the_bee

Kim_13 said:

Just received my 3x Mon BS rate reduction letters (still have the EA that my Christmas Regular Saver 2022-2023 matured into, as it’s my oldest account with them.) The only bit of note in them was that they are reducing the notice period for rate reductions from 30 days to 14 days from 1st October, which might explain why they sent them all by post/sent them to emptied accounts.

Hopefully this change doesn’t mean they are planning more reductions - the new 6% Exclusive rate is already a whole point below the rate that was open to all last year.

My signature form also arrived, dated a day after application. No prepaid envelope and nothing telling me where to return it to. I’ll have to see if my 8% maturity pack is still hanging around, as there was an envelope with that. Quite strange, as last year I didn’t get a signature form for the Exclusive, only for the Regular Issue 2. Also noted that the account number had an X on the end - how does this work with FPs? Given Monmouthshire’s slow updates, send to EA and then internal transfer isn’t exactly feasible.

Edit to add: Still waiting for my Exclusive Issue 1 funds to land. Big problem if I don’t get them today, given I cannot feed other RS’s tomorrow and therefore miss August’s deposit allowances.

I had a Mon BS account with an X at the end. No problem with FPS. If the account matured today, I don't think you will get the funds today. Mine arrived the day after maturity, but that was also a weekday.

Speculator

chris_the_bee said:

Kim_13 said:

Just received my 3x Mon BS rate reduction letters (still have the EA that my Christmas Regular Saver 2022-2023 matured into, as it’s my oldest account with them.) The only bit of note in them was that they are reducing the notice period for rate reductions from 30 days to 14 days from 1st October, which might explain why they sent them all by post/sent them to emptied accounts.

Hopefully this change doesn’t mean they are planning more reductions - the new 6% Exclusive rate is already a whole point below the rate that was open to all last year.

My signature form also arrived, dated a day after application. No prepaid envelope and nothing telling me where to return it to. I’ll have to see if my 8% maturity pack is still hanging around, as there was an envelope with that. Quite strange, as last year I didn’t get a signature form for the Exclusive, only for the Regular Issue 2. Also noted that the account number had an X on the end - how does this work with FPs? Given Monmouthshire’s slow updates, send to EA and then internal transfer isn’t exactly feasible.

Edit to add: Still waiting for my Exclusive Issue 1 funds to land. Big problem if I don’t get them today, given I cannot feed other RS’s tomorrow and therefore miss August’s deposit allowances.

I had a Mon BS account with an X at the end. No problem with FPS. If the account matured today, I don't think you will get the funds today. Mine arrived the day after maturity, but that was also a weekday.

Withdrew £3750 today at 11am. It has just hit my Lloyds current account at 16:18!

financialbliss

I've just had two sets of Monmouthshire funds arrive too a few moments ago (Lloyds).

Hattie627

Just had £3754 Mon BS funds from closure of matured RS2 instructed this morning arrive at my nominated account (Santander)

Kim_13

chris_the_bee said:

Kim_13 said:

Just received my 3x Mon BS rate reduction letters (still have the EA that my Christmas Regular Saver 2022-2023 matured into, as it’s my oldest account with them.) The only bit of note in them was that they are reducing the notice period for rate reductions from 30 days to 14 days from 1st October, which might explain why they sent them all by post/sent them to emptied accounts.

Hopefully this change doesn’t mean they are planning more reductions - the new 6% Exclusive rate is already a whole point below the rate that was open to all last year.

My signature form also arrived, dated a day after application. No prepaid envelope and nothing telling me where to return it to. I’ll have to see if my 8% maturity pack is still hanging around, as there was an envelope with that. Quite strange, as last year I didn’t get a signature form for the Exclusive, only for the Regular Issue 2. Also noted that the account number had an X on the end - how does this work with FPs? Given Monmouthshire’s slow updates, send to EA and then internal transfer isn’t exactly feasible.

Edit to add: Still waiting for my Exclusive Issue 1 funds to land. Big problem if I don’t get them today, given I cannot feed other RS’s tomorrow and therefore miss August’s deposit allowances.

I had a Mon BS account with an X at the end. No problem with FPS. If the account matured today, I don't think you will get the funds today. Mine arrived the day after maturity, but that was also a weekday.

The account matured yesterday, with interest showing in the ~7am update. I logged in at this time and requested £300 to the 7% Regular and the c.£3,475 to my nominated account. Just landed now. 

I logged in this earlier this afternoon to find the account showing as closed, with a secure message from them stating that as I had requested the full balance of the account, they had closed it and sent the balance to my nominated account. I did start to wonder whether they’d have used BACS in that case, and whether I should have left £1 in and dealt with it later, but thankfully not.

They were also pretty slow with a FP withdrawal request on another occasion, although it did arrive same day. 

jd84

Has anyone opened the West Brom 6% fix recently?

I applied last week but it's still being processed.

It did say 3 to 5 working days and we have had the bank holiday in between.

Was hoping to make the first payment this month.

surreysaver

Speculator said:

Nick_C said:

I've just had a letter from Monmouthshire to say the rate on my Regular Saver is reducing from 7% to 6.75% on 30 September.

The account matured to an Easy Saver yesterday!

Same and another letter to say my 8% reg is reducing to 7.75% on 30/9. Mine matured yesterday.

Perhaps you should take them up on their offer of a Regular Saver paying 7.75% from 30th September 

allegro120

Kim_13 said:

Hopefully this change doesn’t mean they are planning more reductions - the new 6% Exclusive rate is already a whole point below the rate that was open to all last year.

MonBS
I think the rate for new Exclusive was set in the 'new reality' framework, that's why it was excluded from this round of reductions.