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

Bridlington1

daz378 said:

Just sent sent 250 from my bank to my progressive regular saver...when I tried to sign in accepted password  and WhatsApp code...but then prompted me to change my password...I backed out out as thought this strange...when I rang guy said they do this periodically...only had account few months..I've never heard  of this

In my experience if you press the back button and then select the home button when logging on you can get past that message and into online banking without having to change your password.

KneadtheDough

Speculator said:

Sorry if already posted but Progressive Online Regular Rainy Day Saver Account 3 down to 5.25% from ½

Progressive Online Regular Rainy Day Saver

Thank you. For anyone wondering, the product terms and general savings terms state that this account can't be closed because of the rate reduction — I've just trawled through the documentation. Ah well...

allegro120

Ch1ll1Phlakes said:

savethepandas said:

Darlington B S

Logged in today, to see that there was a 'Cap Bal Cor' on 15th January on my RS. Reducing my interest from £93.45 to £18.23.

Likewise. Same figures for me as well. Will be interesting to see if there are any different interest values used for other accounts.

They will be different depending on the timings and values of deposits. Mine is £93.57 to £18.36 - £0.21 difference. I opened this account on 8th August and deposited full allowance on the 1st of each consecutive month.

Bridlington1

Apologies, I've been a bit slower than usual. Just a reminder the following interest rate cuts came into effect today:

Account	Old Rate	New Rate	Date
Chorley BS Home Saver	4.25%	NO CHANGE	16/01/2026
Chorley BS Regional 2 Year Flexible Saver (all issues)	5.15%	5.10%	16/01/2026
Chorley BS Regular Saver (all issues)	5.15%	5.10%	16/01/2026
Dudley BS Loyalty One Year Regular Saver	6.00%	5.75%	16/01/2026
Dudley BS One Year Regular Saver Issue 9	5.00%	4.75%	16/01/2026
HRBS Children’s Regular Saver	3.75%	3.65%	16/01/2026
HRBS Christmas Saver 30 Day Notice	5.00%	4.90%	16/01/2026
HRBS Regular Saver 30 Day Notice Issue 2	4.10%	4.00%	16/01/2026

Bridlington1

Cumberland BS Interest Rate Reductions 18/2/26:

Account	Old Rate	New Rate	Date
Cumberland BS Cumberland Regular Saver	4.50%	4.25%	18/02/2026
Cumberland BS First Home Saver – Issue 2	4.00%	3.75%	18/02/2026

allegro120

daz378 said:

Just sent sent 250 from my bank to my progressive regular saver...when I tried to sign in accepted password  and WhatsApp code...but then prompted me to change my password...I backed out out as thought this strange...when I rang guy said they do this periodically...only had account few months..I've never heard  of this

Yes, it is very rare so is the use of WhatsApp for sending codes.  Progressive is very distinctive 

allegro120

TheBanker said:

Principality
Does anyone know how they handle RS Maturities at weekends? Mine matures tomorrow. I've asked for the money back to my current account. Will i receive it tomorrow, or will it be Monday?

My Principality weekend maturities have always arrived on the day as promised.  You should receive yours tomorrow.

Pickledonionlover

allegro120 said:

daz378 said:

Just sent sent 250 from my bank to my progressive regular saver...when I tried to sign in accepted password  and WhatsApp code...but then prompted me to change my password...I backed out out as thought this strange...when I rang guy said they do this periodically...only had account few months..I've never heard  of this

Yes, it is very rare so is the use of WhatsApp for sending codes.  Progressive is very distinctive 

That's very diplomatic 👍 

ForumUser7

PowerSavingMode said:

Speculator said:

Sorry if already posted but Progressive Online Regular Rainy Day Saver Account 3 down to 5.25% from ½

Progressive Online Regular Rainy Day Saver

Thank you. For anyone wondering, the product terms and general savings terms state that this account can't be closed because of the rate reduction — I've just trawled through the documentation. Ah well...

Terms do seem to suggest fixed term accounts don’t allow closure where the rate reduces, but this feels highly unorthodox for a variable rate product. Anyone tried to close because of the rate change and been prohibited?

allegro120

liger said:

What happens to the TSB Monthly Saver if you switch out the TSB current account and you don't have any other accounts with TSB?  Should I close down the Monthly Saver before the switch takes place?

You don't need to close it.  If they want to close your Monthly Saver they will do it for you, but most likely it will stay there until maturity.  I would simply open another TSB current account as a back up or a candidate for another switch. I've done a number of in and out switches with TSB, it's handy to have more than one current account with them.