The Top Regular Savers Discussion Thread

allegro120

surreysaver said:

happybagger said:

dcs34 said:
Loughborough Holiday Monthly Saver 31.05.2026

As with other building societies I think Loughborough make use of their branch network to help manage the burden of manual administration when the central office functions get...overwhelmed...during peak times (i.e. when a new account gets posted on here!). So it's possible your applications have been sent off to different teams for processing and hence will have slightly different speeds of getting looked at.

I decided to take a day trip out and open this in person (existing customer) in branch. They said that I was the first they'd had (though they "don't know what the others have had"). Also said they weren't aware of the account when a customer came in to ask about it on Monday... so internal comms may have been a bit lacking.
For me, very efficient and staff were pleasant, no cup of tea though.

When you need to make a withdrawal (or close) you do need to send the passbook with form or signed letter, and they will only do it by cheque (cash if in branch of course too) but they won't do BACS or FP. Withdrawals "to-bank" can only be done by CHAPS at a cost of £10.

Nottingham make you a cup of coffee when you make a day trip to open an account 

It used to be a common practice across BS branches regardless specifics of your journey.  At some point I began helping myself with coffee machine at arrival to my local Virgin branch to speed up the process.  It wasn't very long ago, but before the merger, they were launching new RS issues every 2 months for quite a while (all at 3%, which was a very competitive rate at the time), a lot of branch visits so all members of staff knew my face and my name.

Section62

allegro120 said:

surreysaver said:

happybagger said:

dcs34 said:
Loughborough Holiday Monthly Saver 31.05.2026

As with other building societies I think Loughborough make use of their branch network to help manage the burden of manual administration when the central office functions get...overwhelmed...during peak times (i.e. when a new account gets posted on here!). So it's possible your applications have been sent off to different teams for processing and hence will have slightly different speeds of getting looked at.

I decided to take a day trip out and open this in person (existing customer) in branch. They said that I was the first they'd had (though they "don't know what the others have had"). Also said they weren't aware of the account when a customer came in to ask about it on Monday... so internal comms may have been a bit lacking.
For me, very efficient and staff were pleasant, no cup of tea though.

When you need to make a withdrawal (or close) you do need to send the passbook with form or signed letter, and they will only do it by cheque (cash if in branch of course too) but they won't do BACS or FP. Withdrawals "to-bank" can only be done by CHAPS at a cost of £10.

Nottingham make you a cup of coffee when you make a day trip to open an account 

It used to be a common practice across BS branches regardless specifics of your journey.  At some point I began helping myself with coffee machine at arrival to my local Virgin branch to speed up the process.  It wasn't very long ago, but before the merger, they were launching new RS issues every 2 months for quite a while (all at 3%, which was a very competitive rate at the time), a lot of branch visits so all members of staff knew my face and my name.

Then they got rid of the RS accounts

Then they got rid of the coffee machines

Then they got rid of the branches (*well most of them)

allegro120

Section62 said:

allegro120 said:

surreysaver said:

happybagger said:

dcs34 said:
Loughborough Holiday Monthly Saver 31.05.2026

As with other building societies I think Loughborough make use of their branch network to help manage the burden of manual administration when the central office functions get...overwhelmed...during peak times (i.e. when a new account gets posted on here!). So it's possible your applications have been sent off to different teams for processing and hence will have slightly different speeds of getting looked at.

I decided to take a day trip out and open this in person (existing customer) in branch. They said that I was the first they'd had (though they "don't know what the others have had"). Also said they weren't aware of the account when a customer came in to ask about it on Monday... so internal comms may have been a bit lacking.
For me, very efficient and staff were pleasant, no cup of tea though.

When you need to make a withdrawal (or close) you do need to send the passbook with form or signed letter, and they will only do it by cheque (cash if in branch of course too) but they won't do BACS or FP. Withdrawals "to-bank" can only be done by CHAPS at a cost of £10.

Nottingham make you a cup of coffee when you make a day trip to open an account 

It used to be a common practice across BS branches regardless specifics of your journey.  At some point I began helping myself with coffee machine at arrival to my local Virgin branch to speed up the process.  It wasn't very long ago, but before the merger, they were launching new RS issues every 2 months for quite a while (all at 3%, which was a very competitive rate at the time), a lot of branch visits so all members of staff knew my face and my name.

Then they got rid of the RS accounts

Then they got rid of the coffee machines

Then they got rid of the branches (*well most of them)

My local branch was closed, but at the same time nearby Yorkshire Bank branch got a Virgin banner.  Had to visit it to cash my last matured RS - completely new design inside. No coffee machines, it was covid time, had to queue for about two hours to get to the counter. Whilst in queue I've spotted two former Virgin branch employees. Before Virgin branch was closed I asked if staff will have an option to keep their jobs and they said they were assured of no compulsory redundancies. 

10_66

Principality 1 Year Triple Access
I opened this last April and it's now got the full £600 in it.  Can anyone confirm if Principality adhere to their maximum limits, please (I'm afraid my memory fails me), as there's another couple of months' left before it matures?

allegro120

10_66 said:

Principality 1 Year Triple Access
I opened this last April and it's now got the full £600 in it.  Can anyone confirm if Principality adhere to their maximum limits, please (I'm afraid my memory fails me), as there's another couple of months' left before it matures?

Quote from t&c - "If your account reaches £600.00, you cannot pay anymore money in." 

Reg_Smeeton

Apologies, I’m probably trawling over old ground here, but is there a work around to open the Market Harborough RS online if you are not an existing customer? 

janusd

10_66 said:

Principality 1 Year Triple Access
I opened this last April and it's now got the full £600 in it.  Can anyone confirm if Principality adhere to their maximum limits, please (I'm afraid my memory fails me), as there's another couple of months' left before it matures?

I think the answer is it depends! 

I mistakenly put a 13th payment into one of their RS at the end of last year (posted here) - the t&c stated a maximum of £3k, but my closing balance was £3,250 - they didn't return that 13th payment and the interest paid was correct for that bloated closing balance...

when I posted the above, another user posted they had done the same thing - though their 13th payment (to a different PBS RS) was returned... so it might be pot luck as to whether a 13th payment is accepted or not - but I can't see a 13th payment making much of a difference in terms of interest received in your case?

10_66

allegro120 said:

10_66 said:

Principality 1 Year Triple Access
I opened this last April and it's now got the full £600 in it.  Can anyone confirm if Principality adhere to their maximum limits, please (I'm afraid my memory fails me), as there's another couple of months' left before it matures?

Quote from t&c - "If your account reaches £600.00, you cannot pay anymore money in." 

Yes, thank you, I was aware of that before I posted my question, but as some societies don't enforce similar account limit restrictions (as documented by others on this thread), I wondered if others have ever managed do this with the Principality.

10_66

janusdesign said:

10_66 said:

Principality 1 Year Triple Access
I opened this last April and it's now got the full £600 in it.  Can anyone confirm if Principality adhere to their maximum limits, please (I'm afraid my memory fails me), as there's another couple of months' left before it matures?

I think the answer is it depends! 

I mistakenly put a 13th payment into one of their RS at the end of last year (posted here) - the t&c stated a maximum of £3k, but my closing balance was £3,250 - they didn't return that 13th payment and the interest paid was correct for that bloated closing balance...

when I posted the above, another user posted they had done the same thing - though their 13th payment (to a different PBS RS) was returned... so it might be pot luck as to whether a 13th payment is accepted or not - but I can't see a 13th payment making much of a difference in terms of interest received in your case?

Thanks @janusdesign, interesting that it's hit and miss.  Yes, the difference in interest is minimal if 2 further payments were made (to reach mid April), just querying it 

Bob2000

10_66 said:

Principality 1 Year Triple Access
I opened this last April and it's now got the full £600 in it.  Can anyone confirm if Principality adhere to their maximum limits, please (I'm afraid my memory fails me), as there's another couple of months' left before it matures?

Well, today, they returned £12.62 to my current  account  from the same RS as mentioned  above. Don't know why because l always deposit exactly £50 on the 1st by SO??
So I can't see them letting an extra £50 slipp past them!