The Top Regular Savers Discussion Thread

surreysaver

Zopa failed to take my regular payment for my Regular Saver today. I've noticed others have issues with Zopa's regular payments. Sort of defeats the point of having the facility if you've got to check up on them and move the money yourself 

masonic

surreysaver said:

Zopa failed to take my regular payment for my Regular Saver today. I've noticed others have issues with Zopa's regular payments. Sort of defeats the point of having the facility if you've got to check up on them and move the money yourself 

Thanks for flagging. I'll keep a close eye on mine (next due to go out on 3rd May). I've not had any problems so far.

londoner62

Can sonmebody please ppost the link to the wayback(?) site containg old Regular Savers that are no longer available?

Many thanks for your help with my tidying up process!

Slinky

This one?

https://forums.moneysavingexpert.com/discussion/6470420/the-archived-history-of-regular-savers-thread-no-chat#latest

londoner62

Slinky said:

This one?

https://forums.moneysavingexpert.com/discussion/6470420/the-archived-history-of-regular-savers-thread-no-chat#latest

Thanks @Slinky Not that one but I have located it at here

" Due to the wayback machine going down for several days in October 2024 I have also archived all Ts&Cs to a OneDrive, which is available to view via the link below:
https://1drv.ms/f/c/ed08144cbc200a55/EqUeU50rO7VHmn4QxSmsKL0BGk0P-sQm2OL0xYs2RWC0cg?e=G8HHbv "

WindfallWendy

ChewyyBacca said:

Kim_13 said:

West Brom Fixed Rate Regular Saver (Issue 7) paying 6% has also gone to branch opening only. 

My West Brom RS Iss 7 matured this week. Im very surprised that I cannot open a new one. The same Issue 7 is now branch only.

MHBS- same thing, branch only RS

Whats with building societies not allowing the RS online or post and restricting to branch only?

Just checking in on my accounts and noticed this about MHBS. I guess the theory is that they are established to support their locality, as a traditional BS was - hence the names. I quite like it. But wish I'd noticed this last week as I was in the area earlier this week and unlikely to be again until November.

Anyone know what might happen to my RegSav once that matures in October? (sorry - lazy Q, but I imagine someone on here knows ;-) )

Stargunner

WindfallWendy said:

ChewyyBacca said:

Kim_13 said:

West Brom Fixed Rate Regular Saver (Issue 7) paying 6% has also gone to branch opening only. 

My West Brom RS Iss 7 matured this week. Im very surprised that I cannot open a new one. The same Issue 7 is now branch only.

MHBS- same thing, branch only RS

Whats with building societies not allowing the RS online or post and restricting to branch only?

Just checking in on my accounts and noticed this about MHBS. I guess the theory is that they are established to support their locality, as a traditional BS was - hence the names. I quite like it. But wish I'd noticed this last week as I was in the area earlier this week and unlikely to be again until November.

Anyone know what might happen to my RegSav once that matures in October? (sorry - lazy Q, but I imagine someone on here knows ;-) )

It will convert to their EA saver sccount

PowerSavingMode

WindfallWendy said:

ChewyyBacca said:

Kim_13 said:

West Brom Fixed Rate Regular Saver (Issue 7) paying 6% has also gone to branch opening only. 

My West Brom RS Iss 7 matured this week. Im very surprised that I cannot open a new one. The same Issue 7 is now branch only.

MHBS- same thing, branch only RS

Whats with building societies not allowing the RS online or post and restricting to branch only?

Just checking in on my accounts and noticed this about MHBS. I guess the theory is that they are established to support their locality, as a traditional BS was - hence the names. I quite like it. But wish I'd noticed this last week as I was in the area earlier this week and unlikely to be again until November.

Anyone know what might happen to my RegSav once that matures in October? (sorry - lazy Q, but I imagine someone on here knows ;-) )

'Locals-only' regular savers

Personally, I think it's a great shame that a lot of the building societies are going branch only. For some accounts, yes, perhaps, but to exclude non-locals from all or any decent offering after having invited them to deposit their cash with them in the past seems a bit counter-productive to me. 

Building societies are 'mutual' institutions, in that they are 'owned' by their members, as opposed to banks that are owned by shareholders. 

WillPS

It could be that going 'branch only' is a stepping stone to going completely NLA. (Same applies to the Melton Adcock one).

where_are_we

surreysaver said:

Zopa failed to take my regular payment for my Regular Saver today. I've noticed others have issues with Zopa's regular payments. Sort of defeats the point of having the facility if you've got to check up on them and move the money yourself 

All my £300 payments have gone in to my Zopa RS so far. I have auto save set up. This uses variable recurring payments VRP`s. This is not a Standing Order and does not show up on my list of SO`s so I have to diarise this payment to warn me it`s about to be taken from my Hub current account (it shows up as "reference savings payment" there). I thought the £300 had to go to the Zopa current account first and then on to the RS and this happened initially but strangely my Zopa CA does not show this for March and April payments. It looks like the £300 goes directly into the RS now.