The Top Regular Savers Discussion Thread

pecunianonolet

gt94sss2 said:

Nationwide Flex Regular Saver Issue 3

Has anyone had any problems funding this today?

It looks like my scheduled standing order payment was returned to the funding account for some reason..

Manuel transfer to current account and internal transfer. No issues at all.

SJMALBA

flaneurs_lobster said:

jaypers said:

Virgin RS - Like many, I have the one paying 10%. It just says ‘Regular Saver’ including on the statements. How do I know if it’s classed as ‘Exclusive’ and has anyone confirmed you can’t open the new one alongside the other? 

Read the previous couple of pages. 

The 10% saver was/is described as an "Exclusive" in the email confirming its opening.

Yes it's been confirmed (by me and others) that you can't have both.

And the KPI for the account:

clairec666

gt94sss2 said:

Nationwide Flex Regular Saver Issue 3

Has anyone had any problems funding this today?

It looks like my scheduled standing order payment was returned to the funding account for some reason..

Mine was fine, although I did a manual payment not a standing order. I wonder if for some reason your payment was dated yesterday so Nationwide thought you'd deposited too much in one calendar month?

Hattie627

gt94sss2 said:

Nationwide Flex Regular Saver Issue 3

Has anyone had any problems funding this today?

It looks like my scheduled standing order payment was returned to the funding account for some reason..

Yes, my £200 standing order bounced back to my funding current account. The same thing happened on  1 April (I posted about it on this thread back then). I have been paying into this particular Nationwide Flex RS Issue 3 account since October last year with no problems until 1 April and now 1 May.

As I did in 1 April, I made a manual transfer of £200 around midday today from the same funding current account (Santander Edge) into the Nationwide Flex RS and this payment has been accepted.

Not sure what the problem is.

friolento

No problem with my SO for the Nationwide RS. Mine comes from Santander, which bank(s) are the failed SOs from?

ashteadgirl

My Santander SO for my Nationwide regular saver was also rejected. Later in day straight one off FP went through no issue

gt94sss2

friolento said:

No problem with my SO for the Nationwide RS. Mine comes from Santander, which bank(s) are the failed SOs from?

My unsuccessful SO was from Santander..

allegro120

trickydicky14 said:

Kazza242 said:

Virgin Money have launched a new regular saver account, Regular Saver Exclusive (issue 2), paying 6.50% (fixed rate)

- Pay in up to £250 per month. 
- The maximum investment is £3,250.
- The account is available to new and existing Virgin Money current account customers
- Withdrawals permitted
- The account can be opened online or in branch.
- The account matures on the 29/05/2026.

Link here

I have just tried to open this account and it wont let me. I still have running the great 10% Regular saver that was available last year. The terms of the new one says, you can only have one 'regular saver exclusive' my 10% RS is just called regular saver not 'exclusive'. So do you think if you have a RS of any sort you can't have this one.

It is called "Regular Saver Exclusive".

surreysaver

gt94sss2 said:

friolento said:

No problem with my SO for the Nationwide RS. Mine comes from Santander, which bank(s) are the failed SOs from?

My unsuccessful SO was from Santander..

I think Santander Standing Orders go through quite early  - I always get high or low balance notifications around 21.00 for the next day when Santander are involved. 

allegro120

friolento said:

friolento said:

Middle_of_the_Road said:

Bridlington1 said:

Middle_of_the_Road said:

Bridlington1 said:

Just a reminder Hanley Economic BS Online Regular Saver (NLA) reduces from 5% to 4.7% from 1/5/25 (tomorrow).

Thanks for the reminder.
I'm contemplating favouring my Cov.FHS2  this month @ 4.8%.
Are there any terms for Hanley on minimum deposit, or missing monthly deposits?

From the Ts&Cs:

The account must be opened with £1,000.

The minimum balance is £1,000, the maximum balance is £100,000.

A subscription of between £250 and £1,000 should be received each calendar month and you can vary the amount you wish to save. You can make more than one subscription per month providing the maximum subscription is not exceeded. You can make subscriptions by Standing Order, Bank Transfer or Debit Card. Please note Debit Card deposits can be only be made via the Online Portal/Mobile App.

If no subscriptions are made for 3 consecutive months or if 3 or more monthly subscriptions are missed throughout the anniversary year the Society, after giving you 60 days notice of our intention to do so, reserves the right to close the account and either return the balance or transfer it to an Instant Access Account.

You can make 5 withdrawals per tax year (6 April to 5 April) without penalty. All other withdrawals are subject to 30 days loss of interest on the amount withdrawn. Withdrawals will be made to the nominated bank account provided at the time of opening the account. £1,000 must remain in the account following a withdrawal.

https://web.archive.org/web/20231209161548/https://thehanley.co.uk/savings-accounts/

Thanks, will reduce the deposit to £250 going forward.

I have withdrawn my balance bar £1 and will chance no deposits for the next few months to see how they react 

HEBS appear to be very sharp. I already had an email reminding me that the min balance is £1,000 and that they would close my account in 60 days if my withdrawal was intentional. I duly made a £1,000 deposit as I don't want to give up that account - yet.

Thanks for trying and sharing.  I withdrew the minimum allowed £10k today (arrived within 4 hours), but wasn't sure how to deal with the rest.  Now I know I will be closing this account tomorrow or Monday.  The money will camp in 4.8% Chase until 8th May and then move to 4.75% Cahoots. Cahoot usually gives 60 day notice, so no point for me keeping £1k+interest in HEBS.  I hope closure is as quick as withdrawal, not the next working day.

Has anyone had any experience in closing Hanley's online/app accounts?