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

Kim_13

Existing Dudley customer, intend to apply tomorrow and pay by card so that it will mature on a Monday.

Dizzycap

Dizzycap said:

SH88SH88 said:

wmb194 said:

Dizzycap said:

judgingjudy said:

RBS Digital Regular Saver

I’ve had a payment bounced back today for funds I’ve added to this account to replace money that was withdrawn earlier in the month. 

The amount seems random as I’d taken out about £1425 on the 2nd, funded it last week with around £1220 from a matured Principality RS so had another £200 or so to pay back in when I get paid on Monday. 

They’ve today returned £676 and a few pence to me, saying I can only add £150 per month. Don’t know where they got the £676.xx from, and I’ve not had this problem before, but I’m not going to pick at that thread as it doesn’t actually state anywhere in the T&Cs that this is permitted, and I don’t want to draw attention to the fact I’ve done this a couple of times. 

A shame if this loophole has been closed, especially on the day an interest rate cut has been announced (although at 5.25% this account will be now less attractive than my ISA)

I had the same with my RBS Digital RS. I withdrew £2k on the 5th December and replaced it back in full on the 12th only to have £1099 (?) returned to my RBS Current account with the message you can only deposit £150 per month. As the interest rate for the digital RS will be cut to 5.25% as of 19th January 2026, I'm in no rush to replace the returned amount and will just add monthly funds with whats left over / compound interest.

The same has also happened with my Natwest Digital RS (Interest rate cut to 5.25% as of 19th January 2026) It was a nice loophole while it lasted!

Is anyone having issues with trying to open a Dudley BS 5.5% Var Online Festive RS? I keep getting an unsuccessful due to technical issues message along with the BS telephone number after submitting my online application?

Dudley BS

 I'm getting the telephone number thing as well - 'mobile phone not available, please call customer services.'

I know this probably won't help, but ... I opened one yesterday evening at approx 21:30 ... part funded it with a debit card. Everything seemed to go OK .

 I tried yesterday evening between  8-10pm with the part funded debit card option & nominated bank account several times and it was the same application error each time - cookies also cleaned. I even tried a couple of other browsers just in case and that was a no go too. 

Unfortunately, the issue still remains - i've tried as a new customer, an existing customer, and trying to apply once logged in:-( No doubt it will have to be a phone call as it staes it's a 'techinal issue' ?

Applying for a Dudley Festive RS using my mobile phone as a new customer has worked just fine this afternoon (Saturday). Account opened within 2 minutes and fully funded for the month. I can see and access the RS in my Dudley Account Panel immediately after applying. However, applying online by laptop or iPad as a new or existing customer has been a constant no go 'techical issues' since Friday evening for me.

csw5780

Dugal said:

Dudley Festive RS online

Applied for the Dudley Festive RS this morning as a new customer.  Filling in the forms was easy.  At the end I think it said I would need to wait up to 3 days to hear from them.  No email acknowledgement etc yet.  I said I would fund by bank transfer - perhaps that makes a difference compared to funding by debit card ?  Any way I'm in no hurry.

Same happened for me yesterday ☹️

bubieyehyeh

wmb194 said:

Dudley BS

 I'm getting the telephone number thing as well - 'mobile phone not available, please call customer services.'

I had that Friday afternoon, so I rang, and they asked if I had previously been a customer, I said I had been a few years ago, and they checked a few details, and then said they would remove my NI number from their system, and then I would be able to apply. I tried a few minutes later and account was opened, and was able to setup internet banking, but I could not use my previous username (it was unavailable)

I opted for initial payment by bank transfer, which didn't pass COP check till the following day.

GetRichOrDieSaving

Call me crazy but I’m holding off on the 5.5% or less accounts for the time being. Anyone else holding out in solidarity? 

I know I will need to stoop down at some point but still have plenty at 6% plus and little funds in EA currently so all good for the time being. 

guli

GetRichOrDieSaving said:

Call me crazy but I’m holding off on the 5.5% or less accounts for the time being. Anyone else holding out in solidarity? 

I know I will need to stoop down at some point but still have plenty at 6% plus and little funds in EA currently so all good for the time being. 

depends on how much spare cash you have!

Kim_13

GetRichOrDieSaving said:

Call me crazy but I’m holding off on the 5.5% or less accounts for the time being. Anyone else holding out in solidarity? 

I know I will need to stoop down at some point but still have plenty at 6% plus and little funds in EA currently so all good for the time being. 

I'm sort of speculatively opening Dudley Festive. Wouldn't have gone to the bother of posting off for it, but as it's available online and I happen to have £50 spare to meet the minimum balance...

It might morph into a future membership account at less than the £100 currently sitting in an ISA with them, allowing the latter to be transferred out. I figure the Loyalty RS, if it can't be renewed into another, might be less useful for that purpose given it was opened by post and came with a passbook.

GetRichOrDieSaving

guli said:

GetRichOrDieSaving said:

Call me crazy but I’m holding off on the 5.5% or less accounts for the time being. Anyone else holding out in solidarity? 

I know I will need to stoop down at some point but still have plenty at 6% plus and little funds in EA currently so all good for the time being. 

depends on how much spare cash you have!

Completely yes, and based entirely on financial choices/risk. I’m probably being stubborn for now and not wiling to accept the downward spiral to be honest. 

That said, I do have the Dudley festive RS rattling round in the back of cranium which I will most likely just end up missing out on and regretting haha. 

masonic

I've got a few 5.5%s and one (convenient) 5.25%. With Principality tightening up and large accounts like Monmouthshire maturing over the summer, I expect I'll be picking up more of the lower paying accounts in due course, but I am not opening them speculatively at this stage.

Bridlington1

GetRichOrDieSaving said:

Call me crazy but I’m holding off on the 5.5% or less accounts for the time being. Anyone else holding out in solidarity? 

I know I will need to stoop down at some point but still have plenty at 6% plus and little funds in EA currently so all good for the time being. 

In my case the two Dudley festive RSs are ones I could well end up funding but their use is probably increased if they're opened a bit later, for branch/post accounts it's easy enough to do, request an application pack then send off the form in the post the day it goes NLA, for the online version I may end up refreshing the account.

I suspect I may end up pulling funds from NatWest/RBS though given their recent cuts, I've already reduced their balances down to £4675 each and given they're slipping to 5.25% and I'm currently struggling to fill 6% accounts the gap's now not insignificant. Raiding NatWest/RBS would certainly solve some issues with cashflow that's set to affect my accounts between now and the start of the next tax year. Plus I can always resume funding NatWest/RBS in the future if need be given they're open ended.

I'll see how things pan out over the next week or so though, a lot depends on what other accounts do next.