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

Bob2000

trickydicky14 said:

devansuk said:

I have the fear of withdrawing my natwest digital regular saver account to another higher interest easy access account because it took me years to get to 5k from only £150 a month out! Anyone else feel the same? Wondering if its worth it for the extra 0.5 %

The thing is you can get to 5K much quicker these days with 5x round ups.

I know last month l managed to add an extra £208.83 just by using the ×5 round up.
Bit sick of carrots and bananas now, though!

WillPS

flaneurs_lobster said:

chris_the_bee said:

Which is also incorrect, as I certainly did not request closure.

I feel a complaint is justified.

Are you serious?

I was being flippant, trying to persuade people that we don't need dozens of posts on here detailing the identical way in which Saffron have closed these accounts for them.

They aren't identical. I think individual posts are merited.

s71hj

Bob2000 said:

trickydicky14 said:

devansuk said:

I have the fear of withdrawing my natwest digital regular saver account to another higher interest easy access account because it took me years to get to 5k from only £150 a month out! Anyone else feel the same? Wondering if its worth it for the extra 0.5 %

The thing is you can get to 5K much quicker these days with 5x round ups.

I know last month l managed to add an extra £208.83 just by using the ×5 round up.
Bit sick of carrots and bananas now, though!

Presumably round ups can also be achieved eg by debit card payments into own account with a building society account, Trading 212, Revolut etc etc rather than supermarket purchases? It's something I want to start doing, hence the question!

steven141

Our Regular Saver pot rate is changing soon

As a Zopa bank account customer, you’re eligible to open a Regular Saver pot. It lets you save up to £300 a month, withdraw anytime and earn 7.5% AER* (7.25% gross**) — fixed for a year.

This rate will expire on 17th June. After that, you'll still be able to open a Regular Saver pot, but you’ll earn a lower, variable interest rate of 7.1% AER* (6.87% gross**).

To open a Regular Saver pot in your Smart Savings Hub, tap ‘Open a pot’ and select the ‘Regular Saver pot’ option.

clairec666

steven141 said:

Our Regular Saver pot rate is changing soon

As a Zopa bank account customer, you’re eligible to open a Regular Saver pot. It lets you save up to £300 a month, withdraw anytime and earn 7.5% AER* (7.25% gross**) — fixed for a year.

This rate will expire on 17th June. After that, you'll still be able to open a Regular Saver pot, but you’ll earn a lower, variable interest rate of 7.1% AER* (6.87% gross**).

To open a Regular Saver pot in your Smart Savings Hub, tap ‘Open a pot’ and select the ‘Regular Saver pot’ option.

Snap it up now - the existing rate is fixed for a year, the new (lower) rate is variable.

mooneysaver

WillPS said:

flaneurs_lobster said:

chris_the_bee said:

Which is also incorrect, as I certainly did not request closure.

I feel a complaint is justified.

Are you serious?

I was being flippant, trying to persuade people that we don't need dozens of posts on here detailing the identical way in which Saffron have closed these accounts for them.

They aren't identical. I think individual posts are merited.

I'm not sure they are different enough to warrant separate posts.

Kim_13

It would be interesting to know whether anyone escapes being caught - perhaps if an account stays open long enough to get a 2nd payment in (or 3rd if anyone got a payment in dated 31 May.)

flaneurs_lobster

clairec666 said:

steven141 said:

Our Regular Saver pot rate is changing soon

As a Zopa bank account customer, you’re eligible to open a Regular Saver pot. It lets you save up to £300 a month, withdraw anytime and earn 7.5% AER* (7.25% gross**) — fixed for a year.

This rate will expire on 17th June. After that, you'll still be able to open a Regular Saver pot, but you’ll earn a lower, variable interest rate of 7.1% AER* (6.87% gross**).

To open a Regular Saver pot in your Smart Savings Hub, tap ‘Open a pot’ and select the ‘Regular Saver pot’ option.

Snap it up now - the existing rate is fixed for a year, the new (lower) rate is variable.

My Zopa RS is fixed until 03/10. Worth trying to close and reopen to secure 7.5% for another year?

I haven't checked the t&cs yet. Hope I saved them, finding such things on the Zopa website is hard.

flaneurs_lobster

s71hj said:

Bob2000 said:

trickydicky14 said:

devansuk said:

I have the fear of withdrawing my natwest digital regular saver account to another higher interest easy access account because it took me years to get to 5k from only £150 a month out! Anyone else feel the same? Wondering if its worth it for the extra 0.5 %

The thing is you can get to 5K much quicker these days with 5x round ups.

I know last month l managed to add an extra £208.83 just by using the ×5 round up.
Bit sick of carrots and bananas now, though!

Presumably round ups can also be achieved eg by debit card payments into own account with a building society account, Trading 212, Revolut etc etc rather than supermarket purchases? It's something I want to start doing, hence the question!

I've got the debit card linked to PayPal and doing a Friends'n'Family transfer of 1p from Me1 to Me2 (2nd PayPal account). Been doing this once daily since the 5x roundup came in. Shifts £4.95/day to the DRS. Takes a minute.

Don't really use PayPal or the NatWest account for anything else so no real concerns about being shut down.

MSE_JC

Hi all,

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