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

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Comments

  • Dizzycap
    Dizzycap Posts: 1,926 Ambassador
    1,000 Posts Second Anniversary Photogenic Debt-free and Proud!
    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!  :D 
    ~ NSD 2026 Challenge May 11/20 (5)
    # No.12 Save £2 a Day 2026 £304.15 / £730 (5)
    # No.2 Save 1p A Day Challenge 2026 £295.85 / £667.95 (5)
    # No.4 Save £12k in 2026 - £7495.78 / £12,000 (5)
    £10-a-Day Challenge 2026 - £163.16 / £1825 (5)
    No.8 Sealed Pot Challenge 19 (24/10) 286.45 / £400 (5)
    # No.27 - Top Up EP 2 £865 / £2880 (5).
    # Make £2026 in 2026 - Completed
  • masonic
    masonic Posts: 29,738 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Dizzycap said:
    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!  :D 
    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
    allegro120 Posts: 2,510 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Dizzycap said:
    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!  :D 
    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
    Dizzycap Posts: 1,926 Ambassador
    1,000 Posts Second Anniversary Photogenic Debt-free and Proud!
    edited 24 June 2025 at 9:50PM
    masonic said:
    Dizzycap said:
    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!  :D 
    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.
    ~ NSD 2026 Challenge May 11/20 (5)
    # No.12 Save £2 a Day 2026 £304.15 / £730 (5)
    # No.2 Save 1p A Day Challenge 2026 £295.85 / £667.95 (5)
    # No.4 Save £12k in 2026 - £7495.78 / £12,000 (5)
    £10-a-Day Challenge 2026 - £163.16 / £1825 (5)
    No.8 Sealed Pot Challenge 19 (24/10) 286.45 / £400 (5)
    # No.27 - Top Up EP 2 £865 / £2880 (5).
    # Make £2026 in 2026 - Completed
  • gt94sss2
    gt94sss2 Posts: 6,416 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 24 June 2025 at 10:08PM
    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.
This discussion has been closed.
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