The Top Regular Savers Discussion Thread

Marcoos

pecunianonolet said:

SJMALBA said:

Suffolk BS:
As a new customer, Is it likely that opening and funding the 'Online 1 Year Fixed Rate Regular Saver (30.06.2026)' RS on the same day is possible, or are there likely to be delays (e.g. waiting for things through 'snail mail')?

Co-Op Bank:
Similarly, as a new Co-Op Bank customer (and therefore having to open a current account first)? I seem to recall discussion about 'issues' with the Co-Op, but can't remember the details - was this re. difficulties/delays opening accounts?
As far as I can see, the 'Cashminder' bank account is sufficient for opening their RS - is there any point in opening the 'regular' CA instead, if the only reason for opening the CA is to get the RS?

Co Op Bank in totally is a problem imho. The Cashminder account is enough for getting the regular saver. If you have no further intention of using them except of utilising the regular saver there is no need to get yourself a hard search when you can have the Cashminder account without. The current account is only useful when you want an overdraft.

Co-Op is slow. Apart from an overdraft, CA would only be useful if there's a switch offer going. But there isn't at the mo

saverkev

zombie404 said:

WillPS said:

Dizzycap said:

pecunianonolet said:

Quick question, Santander and Lloyds regular saver. 

I put 200 into Santander and 250 into the Lloyds regular saver but had to take the 200 from Santander out and some of the Lloyds regular saver. I am reading their withdrawal terms but I am not sure if I can within the same month replace those funds e.g. put the 200 back into Santander. Apologies if it is obvious but been a looong day....

Unfortunately, any monies withdrawn from a RS can't be relaced at a later date. I hope that helps

Not universally true.

Virgin Money specifically allows it. Natwest/RBS don't stop you adding funds back in the same month you took it out either.

So do you mean if I took out the full 5000 from NatWest reg saver in march I could put the full 5000 back in before the end of march but after march it would revert back to 150 per month

Natwest/RBS 

I have taken money out and replaced a few times - I withdrew over £1000 early this month and have since replaced it all. (I have been at the £5000 balance for a while)

Growingold

I applied for the Melton Adcock Regular Saver by post to their freepost address about a week ago and indicated I would make my opening deposit by electronic transfer.  I received a slip from them yesterday with the details needed to do this.  COP matched and I have transferred the opening deposit.
My question is do I need to ring them to obtain online access or when they have credited the account will they send me out details for this along with their saving card/passbook?
Thanks

Stargunner

Growingold said:

I applied for the Melton Adcock Regular Saver by post to their freepost address about a week ago and indicated I would make my opening deposit by electronic transfer.  I received a slip from them yesterday with the details needed to do this.  COP matched and I have transferred the opening deposit.
My question is do I need to ring them to obtain online access or when they have credited the account will they send me out details for this along with their saving card/passbook?
Thanks

You will receive a letter with your online ID. Another letter asking you to ring them to get. a temporary online password. When you call them they give you the first digits of the password and they email you the remaining digits . You can then log in and set your own password. I received a passbook from them showing the entry for my initial £150 deposit made by electronic transfer. I also received another letter with details of how to verify my nominated bank for withdrawals.

WillPS

flaneurs_lobster said:

zombie404 said:

WillPS said:

Dizzycap said:

pecunianonolet said:

Quick question, Santander and Lloyds regular saver. 

I put 200 into Santander and 250 into the Lloyds regular saver but had to take the 200 from Santander out and some of the Lloyds regular saver. I am reading their withdrawal terms but I am not sure if I can within the same month replace those funds e.g. put the 200 back into Santander. Apologies if it is obvious but been a looong day....

Unfortunately, any monies withdrawn from a RS can't be relaced at a later date. I hope that helps

Not universally true.

Virgin Money specifically allows it. Natwest/RBS don't stop you adding funds back in the same month you took it out either.

So do you mean if I took out the full 5000 from NatWest reg saver in march I could put the full 5000 back in before the end of march but after march it would revert back to 150 per month

This is what has been claimed. If you decide to give it a go please let us know how it goes - haven't the cojones to try it myself.

Did it last month. Worked fine. Pretty sure I've done it before too when I've accidentally transferred from one then immediately put it back (in hope).

I should add that I tend to use my Digital Regular Savers kind of like easy access savings anyway, due to my wife having several thousand pounds worth of tax free interest and me only £500 (some of which I need to keep spare for Nationwide incentives). Nice to know I can 'replenish' money only used short term.

allegro120

MHBS
I recall at the end of December when issue 2 (31.03.2026) was launched, some on here decided to fund both issues at their maximum £250 (i.e. £500 per month).  I went for £10 and £240 respectively as per t&c, but wonder if anyone managed to get away with depositing £500.

Stargunner

allegro120 said:

MHBS
I recall at the end of December when issue 2 (31.03.2026) was launched, some on here decided to fund both issues at their maximum £250 (i.e. £500 per month).  I went for £10 and £240 respectively as per t&c, but wonder if anyone managed to get away with depositing £500.

I have both issues and fund them both with £250 each month.

35har1old

Growingold said:

I applied for the Melton Adcock Regular Saver by post to their freepost address about a week ago and indicated I would make my opening deposit by electronic transfer.  I received a slip from them yesterday with the details needed to do this.  COP matched and I have transferred the opening deposit.
My question is do I need to ring them to obtain online access or when they have credited the account will they send me out details for this along with their saving card/passbook?
Thanks

On the application form did you indicate you wanted to have online access and did you provide your email address?
Approval of your nominated  account  will require a original bank statement not a online copy if you are asked to provide a statement 

Stargunner

35har1old said:

Growingold said:

I applied for the Melton Adcock Regular Saver by post to their freepost address about a week ago and indicated I would make my opening deposit by electronic transfer.  I received a slip from them yesterday with the details needed to do this.  COP matched and I have transferred the opening deposit.
My question is do I need to ring them to obtain online access or when they have credited the account will they send me out details for this along with their saving card/passbook?
Thanks

On the application form did you indicate you wanted to have online access and did you provide your email address?
Approval of your nominated  account  will require a original bank statement not a online copy if you are asked to provide a statement 

I sent the application form and didn’t provide any ID or bank statement. It has all been set up and I have verified my nominated account.

35har1old

allegro120 said:

pecunianonolet said:

jaypers said:

pecunianonolet said:

Quick question, Santander and Lloyds regular saver. 

I put 200 into Santander and 250 into the Lloyds regular saver but had to take the 200 from Santander out and some of the Lloyds regular saver. I am reading their withdrawal terms but I am not sure if I can within the same month replace those funds e.g. put the 200 back into Santander. Apologies if it is obvious but been a looong day....

Would appear you cannot……..

”Maximum monthly deposit: £200. This means the maximum balance you can have at the end of the term is £2,400 (plus interest). If you take money out and then pay it back in, it’ll count towards this monthly limit.”

Dizzycap said:

pecunianonolet said:

Quick question, Santander and Lloyds regular saver. 

I put 200 into Santander and 250 into the Lloyds regular saver but had to take the 200 from Santander out and some of the Lloyds regular saver. I am reading their withdrawal terms but I am not sure if I can within the same month replace those funds e.g. put the 200 back into Santander. Apologies if it is obvious but been a looong day....

Unfortunately, any monies withdrawn from a RS can't be relaced at a later date. I hope that helps

Thanks both, that makes it clear for Santander. I think Lloyds can be replaced within the month if I read it right.

Lloyds https://www.lloydsbank.com/savings/monthly-saver.html
"Bear in mind you may not be able to replace what you withdraw. This is because of the monthly deposit limits." - I've no idea what exactly "may not" means in this context, but my notes say that you cannot replace withdrawn money.  Please let us know if you manage to withdraw and replace.

If you have not funded the account fully say £200 of course you you can add  up to £200 if it's the club account possibly may not comes into play if you attempt to add more than £200