The Top Regular Savers Discussion Thread

Bridlington1

GetRichOrDieSaving said:

Is it possible to close the Coventry Building Society Loyalty Seasonal Saver (5.6%) and re-open on the same day? Or is it NLA? 

Coventry BS Loyalty Seasonal Saver went NLA a while back and withdrawals/closure come with a 30 day interest penalty if done prior to 1/11/25 unless they've announced a cut to the interest rate within the last 30 days, which isn't applicable as they announced their most recent cut in mid February IIRC. 

Bridlington1

Usual drill:

Leeds BS Regular Saver (Issue 62) at 4.8% NLA. Replaced by Issue 63 at the same rate with a new maturity date of 5/4/27

Chorley BS Regional 2 Year Flexible Saver (28.02.2027) at 5.15% NLA. Replaced by Regional 2 Year Flexible Saver (31.03.2027) at the same rate.

Chorley BS Regular Saver (28.02.2026) at 5.15% NLA. Replaced by Regular Saver (31.03.2026) at the same rate.

Hattie627

Kim_13 said:

I suspect institutions are rejecting deposits if a Standing Order arrives before they have reset the monthly allowance, usually some time in the small hours, so experiences will vary based on the bank the SO was sent from and what time they processed it. I had this issue with Skipton not accepting a debit card payment at around 1am a few months ago. I pay into Saffron RS via internal transfer, but if I try after midnight it says no accounts available to transfer to. It offers the RS as an option in the morning with no issue.

Until today, I've never had a rejection of a monthly SO made on the 1st to Nationwide RS. My payments always come from Santander. Just wondering if Nationwide's system hadn't/hasn't updated from GMT to BST, so any payment arriving before 1am BST this morning (1st) was rejected. Just a thought, may be nothing to do with this

allegro120

Principality
I've sent £250 instead of £125 to Christmas by accident. It shows £125 on transactions statement.  Has anyone had an experience of exceeding the allowance in a singe transaction? Should I expect the surplus £125 to be automatically returned or do I need to call Principality to resolve this? 

Archerychick

allegro120 said:

Principality
I've sent £250 instead of £125 to Christmas by accident. It shows £125 on transactions statement.  Has anyone had an experience of exceeding the allowance in a singe transaction? Should I expect the surplus £125 to be automatically returned or do I need to call Principality to resolve this? 

Yes I did this by mistake a few month ago, they returned the amount over the £125 to me and deposited £125 into the account 

Kim_13

allegro120 said:

Principality
I've sent £250 instead of £125 to Christmas by accident. It shows £125 on transactions statement.  Has anyone had an experience of exceeding the allowance in a singe transaction? Should I expect the surplus £125 to be automatically returned or do I need to call Principality to resolve this? 

Accidentally did this with the Maturity Winter - the excess arrived back within about 14 hours. They sent a letter explaining what they had done - no idea why they couldn’t just send a secure message and a text advising to read it.

10_66

Dizzycap said:

10_66 said:

Dizzycap said:

This might be useful to anyone who is holding:

TSB Monthly Savings Account

Around 7-10 days before your old RS matures, the system will allow you to open a New RS without any issues.

Mine was due to mature on 6th December and I opened a new RS on the 28th November which was fully funded from my TSB current account on the 29th. I then subsequently changed the automatic set-up monthly deposit date to the beginning of the December onwards, also without issue.

Looks like this early opening method is no longer possible, I've been trying to do this over the last few days (within the 7-10 days as mentioned above) and it just keeps stating that I can't open it as I already have one.

I'd keep retrying around 6-7 days as I've found it has varied from year to year. This year it was 10 days for me, the year before before 6 days before maturity of old RS. I always managed to open my new RS early via APP, if that's any help Also, make sure the TSB App is up to date

Definitely didn't work for me, I tried to the bitter end (online and in the app), and each time the message was the same.  So, maybe they've put a stop to it since you managed to do this. 

Dizzycap

10_66 said:

Dizzycap said:

10_66 said:

Dizzycap said:

This might be useful to anyone who is holding:

TSB Monthly Savings Account

Around 7-10 days before your old RS matures, the system will allow you to open a New RS without any issues.

Mine was due to mature on 6th December and I opened a new RS on the 28th November which was fully funded from my TSB current account on the 29th. I then subsequently changed the automatic set-up monthly deposit date to the beginning of the December onwards, also without issue.

Looks like this early opening method is no longer possible, I've been trying to do this over the last few days (within the 7-10 days as mentioned above) and it just keeps stating that I can't open it as I already have one.

I'd keep retrying around 6-7 days as I've found it has varied from year to year. This year it was 10 days for me, the year before before 6 days before maturity of old RS. I always managed to open my new RS early via APP, if that's any help Also, make sure the TSB App is up to date

Definitely didn't work for me, I tried to the bitter end (online and in the app), and each time the message was the same.  So, maybe they've put a stop to it since you managed to do this. 

Obviously the early opening loophole/method has been closed. It's worked fine for me in Decemeber for the past 2  as I had 2 funded at the same time. One RS about to mature within 7-10 days with a new RS opened and funded at the same time and the system didn't have a problem with me doing this, but obviously, it has now

WindfallWendy

Just making sure everyone has noted that *Market Harborough BS* online services will be out of action 3pm Fri 4th April - 10am Tues 8th April. 

Essex123

‘Planned maintenance’ at short notice over tax year end seems particularly poor planning!  Maybe they’ve had to ‘plan’ some kind of urgent bug fix at short notice.