The Top Regular Savers Discussion Thread

flaneurs_lobster

trickydicky14 said:

flaneurs_lobster said:

orange-juice said:

Thought I managed to make an extra payment to my Principality 6 month regular saver yesterday. It looked like it had been credited as my balance had increased, but it’s been returned this morning.

the terms does state that it has a limit of £1200, but I thought I’d test it anyway. In case anyone is wondering.

I've got away with it so far.......

I forgot to cancel my SO and my extra payment has not yet been sent back, mind you the account matures on the 7th so hardly worth it.

...mine's the 13th, my fag packet says it's worth an extra 57p!

Bob2000

flaneurs_lobster said:

trickydicky14 said:

flaneurs_lobster said:

orange-juice said:

Thought I managed to make an extra payment to my Principality 6 month regular saver yesterday. It looked like it had been credited as my balance had increased, but it’s been returned this morning.

the terms does state that it has a limit of £1200, but I thought I’d test it anyway. In case anyone is wondering.

I've got away with it so far.......

I forgot to cancel my SO and my extra payment has not yet been sent back, mind you the account matures on the 7th so hardly worth it.

...mine's the 13th, my fag packet says it's worth an extra 57p!

I've got mine maturing  on 29 June even though  it's got the max allowance of £1200. Sooo.... if l "accidentally" deposited  another £200 on the first of June.
  

BestSeagull

surreysaver said:

BestSeagull said:

Aldermore RS issue 1. I didn't notice any restriction on a 13th payment  but the website isn't allowing it. Can anyone clarify please?

My Faster Payment went through to Aldermore today okay

Thanks very much. I did a manual external transfer in (Well, two, I did a test transfer first) and it worked. My account doesn't mature until towards the end of the month so worth doing! 

Bridlington1

As mentioned by @GalacticaActual in the main EA accounts thread. Nationwide have announced cuts to many of their savings interest rates from 1/6/25. 

Of note they have announced NO CHANGE to all of their regular savers so their Flex Regular Saver (Issue 4) shall remain at 6.5% for the time being.

badger09

MONBS EXCLUSIVE RS 2
Apologies if covered before. 

T&Cs clearly state no withdrawals, but are silent on the ability to close early. Other MONBS RS have specified no withdrawals but early closure allowed.  
Online, there is apparently the option to ‘Withdraw’. 

Has anyone recently closed this account?
If so, did you receive expected interest? 
Thanks 

allegro120

mhoc said:

Apologies as I know it has been discussed before endlessly.
 Reading up about the potential interest rates drops before the end of 2025 and thinking about the next BOE rate review on the 8th ....I am dithering whether to renew my Halifax and LLoyds regular savers again - the maturity dates are in December and February  so at least this would fix the rates into May 2026 .....

Probably a good idea, LBG are likely to lower RS rates in near future.  
I don't have this dilemma.  My Halifax and Club Lloyds matured and restarted in mid March, I won't gain much if I extend the maturity for an extra month and a half.  I might "refresh" my none-club Lloyds, it matures on 22nd June.  If "refreshment" doesn't work I won't be loosing very much because the rate is only 5.25%.

WillPS

badger09 said:

MONBS EXCLUSIVE RS 2
Apologies if covered before. 

T&Cs clearly state no withdrawals, but are silent on the ability to close early. Other MONBS RS have specified no withdrawals but early closure allowed.  
Online, there is apparently the option to ‘Withdraw’. 

Has anyone recently closed this account?
If so, did you receive expected interest? 
Thanks 

You can close early. Withdrawing the balance of your account on their online servicing triggers this.

Yes, accrued interest is added upon closure.

badger09

WillPS said:

badger09 said:

MONBS EXCLUSIVE RS 2
Apologies if covered before. 

T&Cs clearly state no withdrawals, but are silent on the ability to close early. Other MONBS RS have specified no withdrawals but early closure allowed.  
Online, there is apparently the option to ‘Withdraw’. 

Has anyone recently closed this account?
If so, did you receive expected interest? 
Thanks 

You can close early. Withdrawing the balance of your account on their online servicing triggers this.

Yes, accrued interest is added upon closure.

Thank you. That’s what I assumed would happen, but good to have confirmation. 

mhoc

My Monmouthshire exclusive saver matures at the end of August - I think I've got a 13th payment schedules but assume it will bounce back... 
At the moment there seems to be no replacement - just a miserable regular saver paying 3.7% and variable - between now and then there might be 2 more meetings of the BOE and it may be even worse. 
I've calendered a day in August to open an easy saver so if ever Monmouthshire do have good interest rates again at least I will have continuing membership - not sure yet whether to input £10 or £1000 ...

Yes August is a long way off yet ... 

flaneurs_lobster

Just received email

Yorkshire Building Society Loyalty Regular Saver 5.25% variable £250/mth withdraw on 1 day/yr closeable 

https://www.ybs.co.uk/savings/loyalty-savings-accounts?cmpid=eml-YBS-XSELL-Loyal-A&spMailingID=31116827&spUserID=MTE5ODUwOTcyNzYwOQS2&spJobID=2710194063&spReportId=MjcxMDE5NDA2NAS2