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

DealSeeker11

Bridlington1 said:

DealSeeker11 said:

Beverley Building Society 

My RS account is still showing 1% despite putting in £150/month since Sep. Someone mentioned theirs is now showing 5.5% as expected, is this the case with everyone?

For me the bonus interest of 4.5% has been paid on top of the 1% interest, however the account's interest rate still shows as 1%, presumably because I haven't met the criteria for earning the bonus rate for 2026.

I’ve only received the 1% interest (£1.08), no bonus. Will call them on Monday to get to the bottom this.

happybagger

DealSeeker11 said:

Bridlington1 said:

DealSeeker11 said:

Beverley Building Society 

My RS account is still showing 1% despite putting in £150/month since Sep. Someone mentioned theirs is now showing 5.5% as expected, is this the case with everyone?

For me the bonus interest of 4.5% has been paid on top of the 1% interest, however the account's interest rate still shows as 1%, presumably because I haven't met the criteria for earning the bonus rate for 2026.

I’ve only received the 1% interest (£1.08), no bonus. Will call them on Monday to get to the bottom this.

Send a secure message. They respond quickly, and it saves going through all the security questions palaver.

DealSeeker11

happybagger said:

DealSeeker11 said:

Bridlington1 said:

DealSeeker11 said:

Beverley Building Society 

My RS account is still showing 1% despite putting in £150/month since Sep. Someone mentioned theirs is now showing 5.5% as expected, is this the case with everyone?

For me the bonus interest of 4.5% has been paid on top of the 1% interest, however the account's interest rate still shows as 1%, presumably because I haven't met the criteria for earning the bonus rate for 2026.

I’ve only received the 1% interest (£1.08), no bonus. Will call them on Monday to get to the bottom this.

Send a secure message. They respond quickly, and it saves going through all the security questions palaver.

Good idea, will do. Thanks!

Hattie627

Bridlington1 said:

DealSeeker11 said:

Beverley Building Society 

My RS account is still showing 1% despite putting in £150/month since Sep. Someone mentioned theirs is now showing 5.5% as expected, is this the case with everyone?

For me the bonus interest of 4.5% has been paid on top of the 1% interest, however the account's interest rate still shows as 1%, presumably because I haven't met the criteria for earning the bonus rate for 2026.

Beverley BS

I said in an earlier post that the 1% interest showing is likely to be a permanent feature of this account. At no time will you have met the bonus conditions for a year except on the stroke of midnight on 31 December. As soon as we enter 1st January, the bonus is conditional once again. Has anyone actually had 5.5% showing as the interest rate (as opposed to receiving the normal interest plus bonus)?

allegro120

trickydicky14 said:

West Brom B.S
My regular saver was showing with interest on the morning of the 31st so requested it all sent to my nominated bank account, now looks like I wont see my money until Monday the 5th.

My WestBrom morphed today (£3098.80).  I requested to close the account.  I think they are doing it manually so Monday is the earliest to receive funds, but we should still get 2.35% for the cash drag days.

trickydicky14

allegro120 said:

trickydicky14 said:

West Brom B.S
My regular saver was showing with interest on the morning of the 31st so requested it all sent to my nominated bank account, now looks like I wont see my money until Monday the 5th.

My WestBrom morphed today (£3098.80).  I requested to close the account.  I think they are doing it manually so Monday is the earliest to receive funds, but we should still get 2.35% for the cash drag days.

The thing is, mine matured on the 31st and had gone from the website the next morning so I can't see it earning any interest until it arrives in my bank account.

soulsaver

allegro120 said:

trickydicky14 said:

West Brom B.S
My regular saver was showing with interest on the morning of the 31st so requested it all sent to my nominated bank account, now looks like I wont see my money until Monday the 5th.

My WestBrom morphed today (£3098.80).  I requested to close the account.  I think they are doing it manually so Monday is the earliest to receive funds, but we should still get 2.35% for the cash drag days.

Transferred my maturing funds instantly to their triple access 4.55% (until 4.30% at 03 Feb iirc) where I have other funds that will prob need moving depending how rates then compare. 

FishInGlass

allegro120 said:

trickydicky14 said:

West Brom B.S
My regular saver was showing with interest on the morning of the 31st so requested it all sent to my nominated bank account, now looks like I wont see my money until Monday the 5th.

My WestBrom morphed today (£3098.80).  I requested to close the account.  I think they are doing it manually so Monday is the earliest to receive funds, but we should still get 2.35% for the cash drag days.

When you say in morphed today was this the day it was supposed to mature? I opened mine on the 4th Jan 2025 and it was due to mature today. However no interest has been added to my account yet. I was informed that the earliest I could access the money was the 5th Jan.

Bridlington1

I've just noticed I missed a regular saver off when doing the last monthly update, the Swansea BS Regular Monthly Saver at 4.07% AER (4% gross). It isn't the most exciting rate on offer but has no maturity date barring emptying itself every 12 months.

The account allows you to make deposits by DD but you'll need to be resident in Wales to open it.

dcs34

trickydicky14 said:

allegro120 said:

trickydicky14 said:

West Brom B.S
My regular saver was showing with interest on the morning of the 31st so requested it all sent to my nominated bank account, now looks like I wont see my money until Monday the 5th.

My WestBrom morphed today (£3098.80).  I requested to close the account.  I think they are doing it manually so Monday is the earliest to receive funds, but we should still get 2.35% for the cash drag days.

The thing is, mine matured on the 31st and had gone from the website the next morning so I can't see it earning any interest until it arrives in my bank account.

West Brom Regular Saver Maturity

Same situation. Matured on the 31st. On the 1st I moved £5 from the Access Regular Saver to an easy access account (to keep a relationship) and requested the rest to my nominated account.

The new easy access account was approved and opened the next day (2nd) with the money transferred. Still yet to see the main payment to my nominated account, which I think should arrive by CoP on the 5th.