The Top Regular Savers Discussion Thread

Bridlington1

allegro120 said:

ThePirates said:

Suffolk BS account is interesting! 
Well below my current threshold but fixed rate. 
It's trying to work out if rates will fall that much in 16 months?

There's no formula to work this out, but according to experts the rates are very likely to fall this year.  My guess is that 5% will become a desirable rate for RS at some pint this year.

The attractive part of this product is "fixed rate".  This combined with 15 months term is encouraging.  The other benefit for me is expanding my BS membership portfolio, I don't have any accounts with Suffolk.  I'm going to apply.  £10pm at a reasonable rate won't do any damage.

You don't even need to deposit £10/mth if I'm not mistaken. The terms only state that you can deposit £10-£500/mth, not you must deposit £10-£500/mth and there's no stated penalty for missing payments.

I've got a Suffolk BS regular saver with £10 from last year and haven't made any further deposits. The account remains alive and well.

surreysaver

Bridlington1 said:

surreysaver said:

Bridlington1 said:

surreysaver said:

PowerSavingMode said:

surreysaver said:

Bridlington1 said:

surreysaver said:

Speculator said:

Melton Adcock Regular Saver

Posted my application on Wednesday, account showing online this morning with zero balance.

Didn't realise you'd be able to see it online. Thought it was all managed offline. I might pop up and open an account then, I wasn't going to bother as I'd thought there was no online visibility 

It's also worth noting as well that you can make withdrawals from Melton's regular savers over the phone. IIRC when I made a withdrawal from one of their accounts last year the funds took a day or so to arrive in my nominated account.

Do you know whether I'd be able to withdraw online from Melton's Aldcock?

The product literature says: "you can make withdrawals from your account without notice or penalty, by visiting a branch of the Society or by sending us your passbook and written instructions to us. You can also transfer funds from your account to a nominated bank or building society account."

I presume that means you can either message (online?) Melton with your withdrawal instructions...

That's the trouble with presumptions. It says nothing about online visibility, but you have to manage it by post or in person. Another poster says they can see the account online. So it all starts to become a bit vague. That's why I'm asking!

All I can do in this case is relay my own experience with Melton BS.

I can confirm that last year I phoned them to make a withdrawal from my Melton RS Issue 4 and they sent the funds to my nominated bank account despite that account being advertised as branch/post, in that respect it's not too dissimilar to the way Leeds BS allows withdrawals over the phone.

Whilst I can view my Melton BS regular savers online I couldn't see an option in online banking to make a withdrawal when I tried last year unless I've missed it. I can't recall ever sending them a secure message online to make a withdrawal though so do not know if this is possible.

I'll be needing to make a withdrawal from Melton next month anyway to feed other regular savers so shall attempt to schedule a withdrawal by faster payment by secure message.

I don't mind the odd account that involves faff! I'll have Nottinghamshire regular savers as it's easy for me to get to a branch. So I'll do the same with Melton - Grantham just happens to have a branch of each opposite each other!
I suppose as the Alcock has a long shelf life it's probably one worth having 

So far as I'm concerned it's a good account to grab. It's 6.5%, unlimited penalty free withdrawals and has about 2 1/2 years to go till it matures.

There's also the possibility that they could start allowing you to make online withdrawals at some point before the end of the account term given it's a while away.

Furness BS did that not so long back. Furness BS's regular savers used to be branch/post with accounts being able to be viewed in online banking and withdrawals (but not closure) being able to be done by phone. When they rolled out a new online banking system not so long back they started allowing online withdrawals on accounts and this change was applied to existing accounts (including NLA accounts).

It'll give me an excuse to go to the pork pie shop!

allegro120

Bridlington1 said:

allegro120 said:

ThePirates said:

Suffolk BS account is interesting! 
Well below my current threshold but fixed rate. 
It's trying to work out if rates will fall that much in 16 months?

There's no formula to work this out, but according to experts the rates are very likely to fall this year.  My guess is that 5% will become a desirable rate for RS at some pint this year.

The attractive part of this product is "fixed rate".  This combined with 15 months term is encouraging.  The other benefit for me is expanding my BS membership portfolio, I don't have any accounts with Suffolk.  I'm going to apply.  £10pm at a reasonable rate won't do any damage.

You don't even need to deposit £10/mth if I'm not mistaken. The terms only state that you can deposit £10-£500/mth, not you must deposit £10-£500/mth and there's no stated penalty for missing payments.

I've got a Suffolk BS regular saver with £10 from last year and haven't made any further deposits. The account remains alive and well.

Even better - it says "If you miss a monthly deposit, your account will remain open until maturity, and you can continue to save monthly."
Similar to Leeds RS, the minimum initial deposit will keep the account running.
Opened and funded . Nice and easy, no faff and get online access straight away. 

ChewyyBacca

Bridlington1 said:

Bridlington1 said:

According to moneyfacts:

Suffolk BS Online 1 Year Variable Rate Regular Saver (31.03.2026) and Suffolk 1 Year Variable Rate Regular Saver (31.03.2026) at 5% to go NLA by 17/3/25.

To be replaced by Online Fixed Rate Regular Saver (30.06.2026) and Fixed Rate Regular Saver (30.06.2026) both at 5%

Suffolk 1 Year Fixed Rate Regular Saver (30.06.2026) and Suffolk BS Online 1 Year Fixed Rate Regular Saver (30.06.2026) at 5% now live as advertised. First page of this thread has been updated to reflect this.

Bridlington1 I have Suffolk BS 'Online 1 Year Variable Rate Regular Saver (31.03.2026)' at 5% V in my excel sheet, opened in Feb 2025. Unfortunately forgot to save the product info document, so nothing to go back & refer to.

I am wondering if it makes sense to close the variable rate RS to open fixed rate RS. All expectations despite market rumblings point to fall in rate in future. What do you all think?

[Deleted User]

With the Suffolk online regular saver, how long does it usually take for funds to show?

The CoP didn't match (checked numerous times, it was right) so I sent a quid over.

Any ideas?

fonesaver

[Deleted User] said:

With the Suffolk online regular saver, how long does it usually take for funds to show?

The CoP didn't match (checked numerous times, it was right) so I sent a quid over.

Any ideas?

Should appear later today. COP takes a day or two I believe.

chris_the_bee

ChewyyBacca said:

Bridlington1 said:

Bridlington1 said:

According to moneyfacts:

Suffolk BS Online 1 Year Variable Rate Regular Saver (31.03.2026) and Suffolk 1 Year Variable Rate Regular Saver (31.03.2026) at 5% to go NLA by 17/3/25.

To be replaced by Online Fixed Rate Regular Saver (30.06.2026) and Fixed Rate Regular Saver (30.06.2026) both at 5%

Suffolk 1 Year Fixed Rate Regular Saver (30.06.2026) and Suffolk BS Online 1 Year Fixed Rate Regular Saver (30.06.2026) at 5% now live as advertised. First page of this thread has been updated to reflect this.

Bridlington1 I have Suffolk BS 'Online 1 Year Variable Rate Regular Saver (31.03.2026)' at 5% V in my excel sheet, opened in Feb 2025. Unfortunately forgot to save the product info document, so nothing to go back & refer to.

I am wondering if it makes sense to close the variable rate RS to open fixed rate RS. All expectations despite market rumblings point to fall in rate in future. What do you all think?

Suffolk
You can have both the variable rate RS and the fixed rate RS at the same time if you wish.

[Deleted User]

fonesaver said:

[Deleted User] said:

With the Suffolk online regular saver, how long does it usually take for funds to show?

The CoP didn't match (checked numerous times, it was right) so I sent a quid over.

Any ideas?

Should appear later today. COP takes a day or two I believe.

      Thankyou.

Bridlington1

ChewyyBacca said:

Bridlington1 said:

Bridlington1 said:

According to moneyfacts:

Suffolk BS Online 1 Year Variable Rate Regular Saver (31.03.2026) and Suffolk 1 Year Variable Rate Regular Saver (31.03.2026) at 5% to go NLA by 17/3/25.

To be replaced by Online Fixed Rate Regular Saver (30.06.2026) and Fixed Rate Regular Saver (30.06.2026) both at 5%

Suffolk 1 Year Fixed Rate Regular Saver (30.06.2026) and Suffolk BS Online 1 Year Fixed Rate Regular Saver (30.06.2026) at 5% now live as advertised. First page of this thread has been updated to reflect this.

Bridlington1 I have Suffolk BS 'Online 1 Year Variable Rate Regular Saver (31.03.2026)' at 5% V in my excel sheet, opened in Feb 2025. Unfortunately forgot to save the product info document, so nothing to go back & refer to.

See:
https://web.archive.org/web/20241228200224/https://acquire.online.suffolkbuildingsociety.co.uk/sbs/savingsapplication/index/savings?acctype=4019

The link appears on the first page of the archived thread (link to archived thread appears on first page of this thread for future reference)

redpete

WillPS said:

If, like me, you had not got around to opening Principality Issue 2 yet, it's possible to apply for it by modifying the issue 3 link so the product code is 6083 rather than 6084.

This will likely not last long.

Still worked today.