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

allegro120

mhoc said:

Apologies as I know it has been discussed before endlessly.
 Reading up about the potential interest rates drops before the end of 2025 and thinking about the next BOE rate review on the 8th ....I am dithering whether to renew my Halifax and LLoyds regular savers again - the maturity dates are in December and February  so at least this would fix the rates into May 2026 .....

Probably a good idea, LBG are likely to lower RS rates in near future.  
I don't have this dilemma.  My Halifax and Club Lloyds matured and restarted in mid March, I won't gain much if I extend the maturity for an extra month and a half.  I might "refresh" my none-club Lloyds, it matures on 22nd June.  If "refreshment" doesn't work I won't be loosing very much because the rate is only 5.25%.

WillPS

badger09 said:

MONBS EXCLUSIVE RS 2
Apologies if covered before. 

T&Cs clearly state no withdrawals, but are silent on the ability to close early. Other MONBS RS have specified no withdrawals but early closure allowed.  
Online, there is apparently the option to ‘Withdraw’. 

Has anyone recently closed this account?
If so, did you receive expected interest? 
Thanks 

You can close early. Withdrawing the balance of your account on their online servicing triggers this.

Yes, accrued interest is added upon closure.

badger09

WillPS said:

badger09 said:

MONBS EXCLUSIVE RS 2
Apologies if covered before. 

T&Cs clearly state no withdrawals, but are silent on the ability to close early. Other MONBS RS have specified no withdrawals but early closure allowed.  
Online, there is apparently the option to ‘Withdraw’. 

Has anyone recently closed this account?
If so, did you receive expected interest? 
Thanks 

You can close early. Withdrawing the balance of your account on their online servicing triggers this.

Yes, accrued interest is added upon closure.

Thank you. That’s what I assumed would happen, but good to have confirmation. 

mhoc

My Monmouthshire exclusive saver matures at the end of August - I think I've got a 13th payment schedules but assume it will bounce back... 
At the moment there seems to be no replacement - just a miserable regular saver paying 3.7% and variable - between now and then there might be 2 more meetings of the BOE and it may be even worse. 
I've calendered a day in August to open an easy saver so if ever Monmouthshire do have good interest rates again at least I will have continuing membership - not sure yet whether to input £10 or £1000 ...

Yes August is a long way off yet ... 

flaneurs_lobster

Just received email

Yorkshire Building Society Loyalty Regular Saver 5.25% variable £250/mth withdraw on 1 day/yr closeable 

https://www.ybs.co.uk/savings/loyalty-savings-accounts?cmpid=eml-YBS-XSELL-Loyal-A&spMailingID=31116827&spUserID=MTE5ODUwOTcyNzYwOQS2&spJobID=2710194063&spReportId=MjcxMDE5NDA2NAS2

csw5780

flaneurs_lobster said:

Just received email

Yorkshire Building Society Loyalty Regular Saver 5.25% variable £250/mth withdraw on 1 day/yr closeable 

https://www.ybs.co.uk/savings/loyalty-savings-accounts?cmpid=eml-YBS-XSELL-Loyal-A&spMailingID=31116827&spUserID=MTE5ODUwOTcyNzYwOQS2&spJobID=2710194063&spReportId=MjcxMDE5NDA2NAS2

Me too. However it launched 22/2 and rate changed 11/3. It’s included on Page 1 and requires membership of min 12 months. 

I presume I had a previous version which has since matured!  Opened 👍🏻

edit

flaneurs_lobster

csw5780 said:

flaneurs_lobster said:

Just received email

Yorkshire Building Society Loyalty Regular Saver 5.25% variable £250/mth withdraw on 1 day/yr closeable 

https://www.ybs.co.uk/savings/loyalty-savings-accounts?cmpid=eml-YBS-XSELL-Loyal-A&spMailingID=31116827&spUserID=MTE5ODUwOTcyNzYwOQS2&spJobID=2710194063&spReportId=MjcxMDE5NDA2NAS2

Me too. However it launched in March. 

Really? Must have been just as exciting then too because I have no recollection of it at all.

Kim_13

mhoc said:

My Monmouthshire exclusive saver matures at the end of August - I think I've got a 13th payment schedules but assume it will bounce back... 
At the moment there seems to be no replacement - just a miserable regular saver paying 3.7% and variable - between now and then there might be 2 more meetings of the BOE and it may be even worse. 
I've calendered a day in August to open an easy saver so if ever Monmouthshire do have good interest rates again at least I will have continuing membership - not sure yet whether to input £10 or £1000 ...

Yes August is a long way off yet ... 

If you are running the RS to the end you might as well withdraw all but £1 on maturity as it will default into an Easy Access, which would have been open long enough should they say 1 year+ membership like some competitors.

Dizzycap

mhoc said:

Apologies as I know it has been discussed before endlessly.
 Reading up about the potential interest rates drops before the end of 2025 and thinking about the next BOE rate review on the 8th ....I am dithering whether to renew my Halifax and LLoyds regular savers again - the maturity dates are in December and February  so at least this would fix the rates into May 2026 .....

I had the same dilema with Halifax, Bank of Scotland &  Club Lloyds RS all with fixed rates & all maturing in October 2025. I decided to renew them all last week. I haven't opened a standard Lloyds RS @ 5.25% fixed, yet but may very well do so pronto next Thursday morning, if not before, just as an initial back up

Speculator

Dizzycap said:

mhoc said:

Apologies as I know it has been discussed before endlessly.
 Reading up about the potential interest rates drops before the end of 2025 and thinking about the next BOE rate review on the 8th ....I am dithering whether to renew my Halifax and LLoyds regular savers again - the maturity dates are in December and February  so at least this would fix the rates into May 2026 .....

I had the same dilema with Halifax, Bank of Scotland &  Club Lloyds RS all with fixed rates & all maturing in October 2025. I decided to renew them all last week. I haven't opened a standard Lloyds RS @ 5.25% fixed, yet but may very well do so pronto next Thursday morning, if not before, just as an initial back up

You managed to renew your BOS regular?