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

Bridlington1

ForumUser7 said:

Bridlington1 said:

Kim_13 said:

WillPS said:

chris_the_bee said:

Bridlington1 said:

Following the BOE Base Rate being held at 4.25% on 19th June 2025 I am no longer updating my list of regular saver interest rate cuts following the BOE base rate cut on 8th May 2025.

The following providers of regular savers did not declare their intentions with regards to interest rates:
Nottingham BS
Gatehouse.


The full list of regular saver interest rate changes can be found below:
https://forums.moneysavingexpert.com/discussion/comment/81440959/#Comment_81440959

This link is also included on the first page of the Archived History of Regular Savers thread.

Gatehouse 

I’m writing to remind you we will be reducing the rate on your Gatehouse Bank Easy Access Maturity account effective 02 July 2025 as follows:

Current rate	New lower rate
4.35% Gross	4.15% Gross

They clearly waited until our @Bridlington1 announced he wouldn't cover changes they made  

The account mentioned is an Easy Access though, potentially retained to maintain membership (though for a maturity account which are usually found paying derisory rates, it isn’t bad) so outwith the scope of this thread. Presumably they have been silent on rate changes to any Regular Savers. 

This thread is more ‘what’s the minimum I can leave in an EA?’ rather than how much it’s paying

As the account mentioned isn't a regular saver it doesn't feature on my lists

I do not currently have a Gatehouse regular saver so haven't been notified of any reduction to its interest rate. 

Has anyone who has the Gatehouse RS been notified of any rate changes? If not I shall mark it as a NO CHANGE on my lists, if they have I shall add Gatehouse to the list.

Not currently been notified of any RS2 changes for Gatehouse

Lists now updated accordingly. Many thanks.

surreysaver

trickydicky14 said:

ForumUser7 said:

Funding Zopa

I'm still confused tbh. If I pay into the account details Zopa shows for savings, does that then go to the access account and then I can transfer internally into the RS? I.e. the RS itself has no sort code and account number? Thanks

Why not just use the auto save facility it's so simple and will pay money directly into your regular saver.

The auto save feature is unreliable 

surreysaver

Bridlington1 said:

Following the BOE Base Rate being held at 4.25% on 19th June 2025 I am no longer updating my list of regular saver interest rate cuts following the BOE base rate cut on 8th May 2025.

The following providers of regular savers did not declare their intentions with regards to interest rates:
Nottingham BS


The full list of regular saver interest rate changes can be found below:
https://forums.moneysavingexpert.com/discussion/comment/81440959/#Comment_81440959

This link is also included on the first page of the Archived History of Regular Savers thread.

I've got noted my Nottinghamshire Branch Regular Saver went down from 5.5% to 5.25% on 17th June.
I think I was advised by post.

Bridlington1

surreysaver said:

Bridlington1 said:

Following the BOE Base Rate being held at 4.25% on 19th June 2025 I am no longer updating my list of regular saver interest rate cuts following the BOE base rate cut on 8th May 2025.

The following providers of regular savers did not declare their intentions with regards to interest rates:
Nottingham BS


The full list of regular saver interest rate changes can be found below:
https://forums.moneysavingexpert.com/discussion/comment/81440959/#Comment_81440959

This link is also included on the first page of the Archived History of Regular Savers thread.

I've got noted my Nottinghamshire Branch Regular Saver went down from 5.5% to 5.25% on 17th June.
I think I was advised by post.

Thanks for this, I've now found their up to date list of interest rates.
https://www.thenottingham.com/media/a4zj4vbb/interest-rate-checker.pdf

This results in the following cuts from 17/6/25:

Account	Old rate	New rate	Date
Nottingham BS Branch Regular Saver	5.50%	5.25%	17/06/2025
Nottingham BS Branch Regular Saver Issue 2	4.75%	NO CHANGE	17/06/2025
Nottingham BS Children's Regular Saver	3.35%	NO CHANGE	17/06/2025
Nottingham BS Regular Saver	2.25% (1.85% without bonus)	2.1% (1.7% without bonus)	17/06/2025
Nottingham BS Regular Saver 2	2.25% (1.85% without bonus)	2.1% (1.7% without bonus)	17/06/2025
Nottingham BS Regular Saver 3	2.25% (1.85% without bonus)	2.1% (1.7% without bonus)	17/06/2025

ForumUser7

surreysaver said:

Bridlington1 said:

Following the BOE Base Rate being held at 4.25% on 19th June 2025 I am no longer updating my list of regular saver interest rate cuts following the BOE base rate cut on 8th May 2025.

The following providers of regular savers did not declare their intentions with regards to interest rates:
Nottingham BS


The full list of regular saver interest rate changes can be found below:
https://forums.moneysavingexpert.com/discussion/comment/81440959/#Comment_81440959

This link is also included on the first page of the Archived History of Regular Savers thread.

I've got noted my Nottinghamshire Branch Regular Saver went down from 5.5% to 5.25% on 17th June.
I think I was advised by post.

Yes - letter dated 30/05/2025

allegro120

ForumUser7 said:

Funding Zopa

I'm still confused tbh. If I pay into the account details Zopa shows for savings, does that then go to the access account and then I can transfer internally into the RS? I.e. the RS itself has no sort code and account number? Thanks

I don't think RS has it's own account number, it's just one of the pots in "Smart Savings Hub". Yes, if you send money to acces account you should be able transfer it into the RS.
 
This is what I do and it never failed. 2 simple steps, the whole process takes about one minute:
1.  Deposit to Zopa current account
2.  Internally transfer to RS
I guess transferring from from access account won't be any different. 

allegro120

trickydicky14 said:

ForumUser7 said:

Funding Zopa

I'm still confused tbh. If I pay into the account details Zopa shows for savings, does that then go to the access account and then I can transfer internally into the RS? I.e. the RS itself has no sort code and account number? Thanks

Why not just use the auto save facility it's so simple and will pay money directly into your regular saver.

"The list below shows the banks that are compatible with auto-save — we expect more banks to be added in the future.

• Bank of Scotland

• Barclays

• First Direct

• Halifax

• HSBC

• Lloyds

• Monzo

• Nationwide Building Society

• NatWest

• Royal Bank of Scotland

• Santander

• Ulster Bank" 

I have accounts with all, but Monzo, on the list.  None of these fit my 'feeder account' requirements.  

WillPS

allegro120 said:

trickydicky14 said:

ForumUser7 said:

Funding Zopa

I'm still confused tbh. If I pay into the account details Zopa shows for savings, does that then go to the access account and then I can transfer internally into the RS? I.e. the RS itself has no sort code and account number? Thanks

Why not just use the auto save facility it's so simple and will pay money directly into your regular saver.

"The list below shows the banks that are compatible with auto-save — we expect more banks to be added in the future.

• Bank of Scotland

• Barclays

• First Direct

• Halifax

• HSBC

• Lloyds

• Monzo

• Nationwide Building Society

• NatWest

• Royal Bank of Scotland

• Santander

• Ulster Bank" 

I have accounts with all, but Monzo, on the list.  None of these fit my 'feeder account' requirements.  

You could standing order from your 'feeder account' to one of these others. (I probably wouldn't do this as it'd cost a few days interest, but it's an option)

allegro120

chris_the_bee said:

Bridlington1 said:

Following the BOE Base Rate being held at 4.25% on 19th June 2025 I am no longer updating my list of regular saver interest rate cuts following the BOE base rate cut on 8th May 2025.

The following providers of regular savers did not declare their intentions with regards to interest rates:
Nottingham BS
Gatehouse.


The full list of regular saver interest rate changes can be found below:
https://forums.moneysavingexpert.com/discussion/comment/81440959/#Comment_81440959

This link is also included on the first page of the Archived History of Regular Savers thread.

Gatehouse 

I’m writing to remind you we will be reducing the rate on your Gatehouse Bank Easy Access Maturity account effective 02 July 2025 as follows:

Current rate	New lower rate
4.35% Gross	4.15% Gross

Is it about issue 2?  I've closed it, but I still have EARS issue 1 which will reduce to 4.15% on 26th June. I wonder why they don't do them all on the same date. 

clairec666

I'm trying to work out which banks allow you to close your current account but keep the regular saver open (for the purpose of getting switching bonuses!)
I've already successfully done this with Virgin, but couldn't do it with Halifax (they refused the switch out).
RBS's T&Cs say you can close the current account but will then only be able to withdraw from your regular saver in branch.
Anyone managed to do this with any other providers? Particularly TSB or Cooperative?