The Old Regular Savers Discussion Thread 28/12/24-29/1/26

clairec666

SnowMan said:

Looking at some of the numbers it appears possible that the Darlington mistake might be that they have calculated interest to 31st December 2026 (including the interest for 31st December itself) instead of 31st December 2025.

Does that tie in with anyone's numbers?

That roughly ties in with my figures. I was expecting about £15.50 in interest and have been credited with just short of £84. Currently have £1150 in the account, if that sat there for another year with no additions I'd get 6% of that amount, which is £69.
69 + 15 = 84.

SnowMan

Bobblehat said:

SnowMan said:

Looking at some of the numbers it appears possible that the Darlington mistake might be that they have calculated interest to 31st December 2026 (including the interest for 31st December itself) instead of 31st December 2025.

Does that tie in with anyone's numbers?

Not mine! See numbers quoted in my earlier post for a 11/08/2025 start with subsequent payments on 1st working day of month until 03/08/2026.

I make it you would have been paid £93.45 if my theory is correct. You seemed to be saying you were paid £93?

And the correct amount should have been £18.45

masonic

Mine seems to be within pennies of what I would have expected if they added on a full year at the current balance.

Bobblehat

SnowMan said:

Bobblehat said:

SnowMan said:

Looking at some of the numbers it appears possible that the Darlington mistake might be that they have calculated interest to 31st December 2026 (including the interest for 31st December itself) instead of 31st December 2025.

Does that tie in with anyone's numbers?

Not mine! See numbers quoted in my earlier post for a 11/08/2025 start with subsequent payments on 1st working day of month until 03/08/2026.

I make it you would have been paid £93.45 if my theory is correct. You seemed to be saying you were paid £93?

And the correct amount should have been £18.45

I see where you are coming from now ..... when I said "Not mine", I was assuming figures included continuing the regular payments until Aug 2026. I see you (and clairec666) have calculated the figures with contributions stopping at 1st December 2025. Maybe you've found the answer!

Edit ... and Masonic 

happybagger

SnowMan said:

Looking at some of the numbers it appears possible that the Darlington mistake might be that they have calculated interest to 31st December 2026 (including the interest for 31st December itself) instead of 31st December 2025.

Does that tie in with anyone's numbers?

Exactly, to the penny.
The interest I've been overpaid is exactly £75. Which is 6% of my balance pre-interest yesterday.

Good spot.

surreysaver

Beverley Building Society 

Has anyone else checked the interest for their account?  Mine appears not to contain the bonus, despite having adhered to the terms for the bonus.

Also, what were others going to do with their regular saver? I was intending to withdraw it down to the minimum to keep it open, but now may continue paying into it this year.

Hattie627

surreysaver said:

Beverley Building Society 

Has anyone else checked the interest for their account?  Mine appears not to contain the bonus, despite having adhered to the terms for the bonus.

Also, what were others going to do with their regular saver? I was intending to withdraw it down to the minimum to keep it open, but now may continue paying into it this year.

Only received £1.15 interest which doesn't include any bonus, despite having met the terms for the bonus. Will give it a few days before making enquiry.

Pickledonionlover

Hattie627 said:

surreysaver said:

Beverley Building Society 

Has anyone else checked the interest for their account?  Mine appears not to contain the bonus, despite having adhered to the terms for the bonus.

Also, what were others going to do with their regular saver? I was intending to withdraw it down to the minimum to keep it open, but now may continue paying into it this year.

Only received £1.15 interest which doesn't include any bonus, despite having met the terms for the bonus. Will give it a few days before making enquiry.

Same scenario here £1.15 in interest and 1% still showing.

First working day tomorrow may resolve 

Bigwheels1111

I've just been looking at my reg savers that are at maturity or very near.

So many do not have a real option to renew.

As interest rates are so low.

I'm not expecting 7% / 8% but 2/3% is pittyful.

TSB is looking quite good if still around at the end of the month.

surreysaver

Bigwheels1111 said:

I've just been looking at my reg savers that are at maturity or very near.

So many do not have a real option to renew.

As interest rates are so low.

I'm not expecting 7% / 8% but 2/3% is pittyful.

TSB is looking quite good if still around at the end of the month.

TSB is fixed and easy access too, so one to go for if you need somewhere to put money