The Top Regular Savers Discussion Thread

WillPS

Bridlington1 said:

One observation of note is that Coventry BS have often set 1st January as the cut off date for eligibility for their loyalty regular savers.

With barely 25 hours to go till the New Year now may be a good time to open an easy access account with Coventry and stick £1 in it for ``loyalty purposes" if you haven't already done so.

Skipton is presently 11th Jan too, so perhaps worth getting a foot in the door there too.

Bridlington1

WillPS said:

Bridlington1 said:

One observation of note is that Coventry BS have often set 1st January as the cut off date for eligibility for their loyalty regular savers.

With barely 25 hours to go till the New Year now may be a good time to open an easy access account with Coventry and stick £1 in it for ``loyalty purposes" if you haven't already done so.

Skipton is presently 11th Jan too, so perhaps worth getting a foot in the door there too.

Additionally the following building societies to my knowledge have restricted some regular savers to those who have been members for however long and/or have restricted accounts to existing members only unless you live in certain parts of the country:

Bath BS

Cambridge BS

Coventry BS

Darlington BS

ESBS

Leek BS

Mansfield BS

Market Harborough BS

Monmouthshire BS

Nationwide

Newbury BS

Newcastle BS

Penrith BS

Progressive BS

Saffron BS

Scottish BS

Skipton

Suffolk BS

Vernon BS

West Brom BS

YBS

s71hj

Bridlington1 said:

WillPS said:

Bridlington1 said:

One observation of note is that Coventry BS have often set 1st January as the cut off date for eligibility for their loyalty regular savers.

With barely 25 hours to go till the New Year now may be a good time to open an easy access account with Coventry and stick £1 in it for ``loyalty purposes" if you haven't already done so.

Skipton is presently 11th Jan too, so perhaps worth getting a foot in the door there too.

Additionally the following building societies to my knowledge have restricted some regular savers to those who have been members for however long and/or have restricted accounts to existing members only unless you live in certain parts of the country:

Bath BS

Cambridge BS

Coventry BS

Darlington BS

ESBS

Leek BS

Mansfield BS

Market Harborough BS

Monmouthshire BS

Nationwide

Newbury BS

Newcastle BS

Penrith BS

Progressive BS

Saffron BS

Scottish BS

Skipton

Suffolk BS

Vernon BS

West Brom BS

YBS

Good to know. Do any of these have a tendency towards specifying a particular cut off date to your knowledge? I can sense a new trenche of preparatory fieldwork beginning for the next years RS opening!!

Bridlington1

s71hj said:

Bridlington1 said:

WillPS said:

Bridlington1 said:

One observation of note is that Coventry BS have often set 1st January as the cut off date for eligibility for their loyalty regular savers.

With barely 25 hours to go till the New Year now may be a good time to open an easy access account with Coventry and stick £1 in it for ``loyalty purposes" if you haven't already done so.

Skipton is presently 11th Jan too, so perhaps worth getting a foot in the door there too.

Additionally the following building societies to my knowledge have restricted some regular savers to those who have been members for however long and/or have restricted accounts to existing members only unless you live in certain parts of the country:

Bath BS

Cambridge BS

Coventry BS

Darlington BS

ESBS

Leek BS

Mansfield BS

Market Harborough BS

Monmouthshire BS

Nationwide

Newbury BS

Newcastle BS

Penrith BS

Progressive BS

Saffron BS

Scottish BS

Skipton

Suffolk BS

Vernon BS

West Brom BS

YBS

Good to know. Do any of these have a tendency towards specifying a particular cut off date to your knowledge? I can sense a new trenche of preparatory fieldwork beginning for the next years RS opening!!

Off the top of my head Coventry, Monmouthshire, Saffron, Skipton and Vernon have specified cut off dates

Bath BS, Cambridge BS, Leek, Mansfield, Mkt Harborough, Penrith, YBS have specified a length of time (usually 12 months).

The rest I either can't recall off the top of my head or have said something along the lines of ``available to existing members and those living in {insert region/postcodes here}".

It's worth noting that Skipton have a habit of launching a loyalty regular saver and stating that the eligibility cut off date is the day before it was launched so I would try to get a foot in the door ASAP with Skipton if you haven't already done so.

WillPS

s71hj said:

Bridlington1 said:

WillPS said:

Bridlington1 said:

One observation of note is that Coventry BS have often set 1st January as the cut off date for eligibility for their loyalty regular savers.

With barely 25 hours to go till the New Year now may be a good time to open an easy access account with Coventry and stick £1 in it for ``loyalty purposes" if you haven't already done so.

Skipton is presently 11th Jan too, so perhaps worth getting a foot in the door there too.

Additionally the following building societies to my knowledge have restricted some regular savers to those who have been members for however long and/or have restricted accounts to existing members only unless you live in certain parts of the country:

Bath BS

Cambridge BS

Coventry BS

Darlington BS

ESBS

Leek BS

Mansfield BS

Market Harborough BS

Monmouthshire BS

Nationwide

Newbury BS

Newcastle BS

Penrith BS

Progressive BS

Saffron BS

Scottish BS

Skipton

Suffolk BS

Vernon BS

West Brom BS

YBS

Good to know. Do any of these have a tendency towards specifying a particular cut off date to your knowledge? I can sense a new trenche of preparatory fieldwork beginning for the next years RS opening!!

Saffron BS cut off for their member's month saver has been 1st June the previous year.

Mansfield BS is 1 year's continuous membership. Same for YBS.

Cambridge is 2/3 year's continuous memership (and their only open-to-all accounts have minimum deposits in the hundreds).

Monmouthshire BS last cut off was the day before their last Exclusive account was launched, previously all existing members were eligible.

West Brom don't stipulate a duration, so you can apply straight away. Same for Nationwide.

Vernon BS presently don't allow even existing members to access their regular saver unless you live in the right area.

Bridlington1

Usual drill:

Leeds BS Regular Saver (Issue 59) at 4.95% to go NLA shortly. To be replaced with Issue 60 at the same rate with a new maturity date of 04.01.27.

I shall update the first page of this thread when it has been reflected on the Leeds BS website.

Bridlington1

WillPS said:

s71hj said:

Bridlington1 said:

WillPS said:

Bridlington1 said:

One observation of note is that Coventry BS have often set 1st January as the cut off date for eligibility for their loyalty regular savers.

With barely 25 hours to go till the New Year now may be a good time to open an easy access account with Coventry and stick £1 in it for ``loyalty purposes" if you haven't already done so.

Skipton is presently 11th Jan too, so perhaps worth getting a foot in the door there too.

Additionally the following building societies to my knowledge have restricted some regular savers to those who have been members for however long and/or have restricted accounts to existing members only unless you live in certain parts of the country:

Bath BS

Cambridge BS

Coventry BS

Darlington BS

ESBS

Leek BS

Mansfield BS

Market Harborough BS

Monmouthshire BS

Nationwide

Newbury BS

Newcastle BS

Penrith BS

Progressive BS

Saffron BS

Scottish BS

Skipton

Suffolk BS

Vernon BS

West Brom BS

YBS

Good to know. Do any of these have a tendency towards specifying a particular cut off date to your knowledge? I can sense a new trenche of preparatory fieldwork beginning for the next years RS opening!!

Cambridge is 2/3 year's continuous memership (and their only open-to-all accounts have minimum deposits in the hundreds).

Whist this probably won't apply to most of the people who are reading this, if you are under 21 you can open their First Account with £1, when you turn 21 it converts into a maturity account, also with a £1 minimum balance.

I was able to get a foot in Cambridge BS's door that way not so long back.

PowerSavingMode

Bridlington1 said:

Bridlington1 said:

PowerSavingMode said:

At the risk of showing just how thrilling I'm expecting my New Year's Day to be, is it pointless sending faster payments over to any regular saver on New Year's Day?

Thanks for reminding me. 

The answer to your question depends on the bank/building society in question, some treat payments received on non-working days as having been received the next working day for interest purposes, others do not.

I shall go through the first post of the thread and add a remark to each listing to state how payments received into each account on non-working days are treated.

I'm at work tomorrow so this shall probably be finalised at some point late tomorrow evening (30/12/24) so you should know by New Year's Eve whether you should fund each account listed on the first page on New Year's Day or not.

Following on from the above the listings on the first page of this thread have now been updated to state how payments received into each account on non-working days are treated as promised.

Thank you — that's very helpful and moreover very kind of you to give your time with the additions.

ForumUser7

Bridlington1 said:

s71hj said:

Bridlington1 said:

WillPS said:

Bridlington1 said:

One observation of note is that Coventry BS have often set 1st January as the cut off date for eligibility for their loyalty regular savers.

With barely 25 hours to go till the New Year now may be a good time to open an easy access account with Coventry and stick £1 in it for ``loyalty purposes" if you haven't already done so.

Skipton is presently 11th Jan too, so perhaps worth getting a foot in the door there too.

Additionally the following building societies to my knowledge have restricted some regular savers to those who have been members for however long and/or have restricted accounts to existing members only unless you live in certain parts of the country:

Bath BS

Cambridge BS

Coventry BS

Darlington BS

ESBS

Leek BS

Mansfield BS

Market Harborough BS

Monmouthshire BS

Nationwide

Newbury BS

Newcastle BS

Penrith BS

Progressive BS

Saffron BS

Scottish BS

Skipton

Suffolk BS

Vernon BS

West Brom BS

YBS

Good to know. Do any of these have a tendency towards specifying a particular cut off date to your knowledge? I can sense a new trenche of preparatory fieldwork beginning for the next years RS opening!!

Off the top of my head Coventry, Monmouthshire, Saffron, Skipton and Vernon have specified cut off dates

Bath BS, Cambridge BS, Leek, Mansfield, Mkt Harborough, Penrith, YBS have specified a length of time (usually 12 months).

The rest I either can't recall off the top of my head or have said something along the lines of ``available to existing members and those living in {insert region/postcodes here}".

It's worth noting that Skipton have a habit of launching a loyalty regular saver and stating that the eligibility cut off date is the day before it was launched so I would try to get a foot in the door ASAP with Skipton if you haven't already done so.

Re Skipton, anyone think it is worth refreshing at this point please? Mine matures in April or something, and while the funds would be going below 7%, I could secure the rate for another year? Thanks

OneUser1

The famous Gatehouse Regular Saver turned Easy Access drops from 5% to 4.75% at the end of January.