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

ThePirates

"I may have had too much Whisky again."

What is this too much you talk about?

ForumUser7

Andystriker said:

Bridlington1 said:

Just a reminder the Leeds BS interest rate cuts come into effect tomorrow:

Account	Old rate	New rate	Date
Leeds BS Home Deposit Saver Issues 1 & 2	4.90%	4.80%	23/06/2025
Leeds BS Regular Saver (Issues 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 56, 57, 59, 60, 61, 62 & 63)	4.80%	4.70%	23/06/2025
Leeds BS Regular Saver Issue 55 & 58	4.95%	4.85%	23/06/2025

Hi Bridlington1

According to my notes, Leeds cuts on 27th June, although I could be wrong and I may have had too much Whisky again.

Its only 4 days anyway.

Thanks for all you do on this board.

Andy

The letter I got said home deposit saver reduction was 27/06/2025. Don't know re others, but probably same date

Bridlington1

Andystriker said:

Bridlington1 said:

Just a reminder the Leeds BS interest rate cuts come into effect tomorrow:

Account	Old rate	New rate	Date
Leeds BS Home Deposit Saver Issues 1 & 2	4.90%	4.80%	23/06/2025
Leeds BS Regular Saver (Issues 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 56, 57, 59, 60, 61, 62 & 63)	4.80%	4.70%	23/06/2025
Leeds BS Regular Saver Issue 55 & 58	4.95%	4.85%	23/06/2025

Hi Bridlington1

According to my notes, Leeds cuts on 27th June, although I could be wrong and I may have had too much Whisky again.

Its only 4 days anyway.

Thanks for all you do on this board.

Andy

Apologies, you have not had too much whisky, it was me who got the date wrong. The Leeds BS interest rate cuts for the listed accounts is indeed 27th June. I shall delete the offending post and amend my lists.

allegro120

shirley999 said:

Also note, where I’ve in the past paid into Halifax in the final month, I’ve then been unable to fund the new regular saver for that first month.  I’d guess others in that banking family might operate in a similar fashion.

No. Unlike Halifax, BoS and Lloyds don't roll over their RSs.

Halifax.
If you want to make 2 payments in the final month you can close your existing RS and open a new one. 

Bridlington1

West Brom BS Fixed Rate Regular Saver (Issue 7) at 6% NLA.

Dizzycap

Bridlington1 said:

West Brom BS Fixed Rate Regular Saver (Issue 7) at 6% NLA.

Hoping that WB BS will have a new Fixed Rate RS with online opening as I'm sure they must realise that many savers will be having maturing RS next month and won't be going to a branch to open a new RS. However, I won't hold my breath!   

masonic

Dizzycap said:

Bridlington1 said:

West Brom BS Fixed Rate Regular Saver (Issue 7) at 6% NLA.

Hoping that WB BS will have a new Fixed Rate RS with online opening as I'm sure they must realise that many savers will be having maturing RS next month and won't be going to a branch to open a new RS. However, I won't hold my breath!   

I think the trend is back to branch with West Brom. My RS matured on Friday, so I phoned today to pull the money out of the Access RS, all very efficiently processed over the phone and I should have the money tomorrow.

allegro120

Dizzycap said:

Bridlington1 said:

West Brom BS Fixed Rate Regular Saver (Issue 7) at 6% NLA.

Hoping that WB BS will have a new Fixed Rate RS with online opening as I'm sure they must realise that many savers will be having maturing RS next month and won't be going to a branch to open a new RS. However, I won't hold my breath!   

Why many savers next month?  Mine matures on 2nd January. I opened my first issue 7 on 22nd December 2023 (I normally open RSs on the date they are launched), took 6 working days to get a new one opened - those who followed a similar pattern should be half way through the term now.

If they stop/pause online applications it will most likely be because at the moment they have enough funds to lend.

I won't hold my breath, but always make sure that I have an existing account of some sort.  Makes it easier to open new accounts and continuous membership might become useful one day. 

Dizzycap

masonic said:

Dizzycap said:

Bridlington1 said:

West Brom BS Fixed Rate Regular Saver (Issue 7) at 6% NLA.

Hoping that WB BS will have a new Fixed Rate RS with online opening as I'm sure they must realise that many savers will be having maturing RS next month and won't be going to a branch to open a new RS. However, I won't hold my breath!   

I think the trend is back to branch with West Brom. My RS matured on Friday, so I phoned today to pull the money out of the Access RS, all very efficiently processed over the phone and I should have the money tomorrow.

I think so too! Although I have another account open in case it should change at some point.

gt94sss2

Zopa have updated their Regular Saver which now pays 7.1% (variable) on upto £300/month for new accounts.

You still need a Zopa current account to get one but that is now out of beta so anyone can apply for one.