The Top Regular Savers Discussion Thread

allegro120

Hattie627 said:

10_66 said:

Bigwheels1111 said:

Just opened a new Principality 1 year triple access regular saver.

Mine just matured today, not added interest yet, will wait and see...

Did your interest ever arrive?  Mine matured today and my maturity interest's still missing.

Mine matured today (now showing as a maturity account) but no final interst showing. Balance is £610 (12 X £50 plus £10 approx interest added in Dec 24)

Mine matured today too with the balance of £660.79 (I've made 13 payments). £10.79 interest added on 1st Jan 2025. Presumably this new account carries over the interest payment arrangement from the original one.  If this is the case, the only way to get the remaining interest to a better home is closure.  I'll do it on Tuesday, no point compounding at 2.9%. 

Baileys_Babe

allegro120 said:

Hattie627 said:

10_66 said:

Bigwheels1111 said:

Just opened a new Principality 1 year triple access regular saver.

Mine just matured today, not added interest yet, will wait and see...

Did your interest ever arrive?  Mine matured today and my maturity interest's still missing.

Mine matured today (now showing as a maturity account) but no final interst showing. Balance is £610 (12 X £50 plus £10 approx interest added in Dec 24)

Mine matured today too with the balance of £660.79 (I've made 13 payments). £10.79 interest added on 1st Jan 2025. Presumably this new account carries over the interest payment arrangement from the original one.  If this is the case, the only way to get the remaining interest to a better home is closure.  I'll do it on Tuesday, no point compounding at 2.9%. 

I'm guessing our interest will be credited on Tuesday, if not their phones will be very busy.

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.