The Top Regular Savers Discussion Thread

Kim_13

allegro120 said:

PowerSavingMode said:

ThePirates said:

jim1999 said:

Speculator said:

Anyone else get an email from Saffron BS earlier this week regarding the maturity of their Members month Loyalty 8% regular saver? In the email, it says you can give your maturity instructions online or via the app using their "maturity manager feature."

Logged in via app and online and I can't see any option to give my maturity instruction.

It is quite a badly written email, but it also says "Select Maturity Manager option on the account.  This will be available up to 14 days before the maturity date."

I'm assuming you are currently more than 14 days from the maturity date?

I'm within 7 days and can't find the Maturity Manager...

Isn't the Saffron Members Month coming soon? I think last year it was announced late May... My Saffron Members' Month Loyalty Saver ends on 2 June, so I'll wait for announcements re the Members Month before deciding what to do, I think.

https://www.saffronbs.co.uk/membersmonth

Mine was meant to end on 1st June because I opened and funded it on 1st June, but my account page shows the maturity date as 3rd June.  Looks like a two days extension  

As much as I remember Saffron doesn't announce it in advance. If they follow the pattern then it's more likely they will launch the next issue on Monday 2nd June.

I will be closing Member's Month Loyalty Saver on maturity and when/if next issue is available I will open a new one if the rate is still good.  

No 2 day extension for me - a letter in the documents section of my app shows the start date as 1 June 2024 and the maturity date as 1 June 2025. 

They don’t announce in advance, but I recall someone here (probably Bridlington1) had managed to get the staff to reveal that there would be a new version at 8% for 2024. 1 June 2024 was a Saturday so I wouldn’t rule out the launch of the next issue on 1 June, as Saturday is not officially a working day (though they obviously do work the morning.)

As they have confirmed Members’ Month for 2025 it would be very odd if there was not a new version available, it’s just a question of what the rate will be. 

OneUser1

I spoke to a Saffron staff member earlier this month and they had no actual knowledge of a new Members Loyalty Regular Saver but they did expect there would be something. So Fingers crossed.

Bridlington1

Coventry BS Loyalty Regular Saver (3) at 5% has disappeared from moneyfacts suggesting it shall go NLA within hours. It still shows on their website though and I was able to open the account a minute ago in online banking.

friolento

ThePirates said:

jim1999 said:

Speculator said:

Anyone else get an email from Saffron BS earlier this week regarding the maturity of their Members month Loyalty 8% regular saver? In the email, it says you can give your maturity instructions online or via the app using their "maturity manager feature."

Logged in via app and online and I can't see any option to give my maturity instruction.

It is quite a badly written email, but it also says "Select Maturity Manager option on the account.  This will be available up to 14 days before the maturity date."

I'm assuming you are currently more than 14 days from the maturity date?

I'm within 7 days and can't find the Maturity Manager...

I dropped them a secure message with maturity instructions, which they have in turn confirmed by secure message. If memory serves me right, the same happened a few months ago with another Saffron RS.

trickydicky14

friolento said:

ThePirates said:

jim1999 said:

Speculator said:

Anyone else get an email from Saffron BS earlier this week regarding the maturity of their Members month Loyalty 8% regular saver? In the email, it says you can give your maturity instructions online or via the app using their "maturity manager feature."

Logged in via app and online and I can't see any option to give my maturity instruction.

It is quite a badly written email, but it also says "Select Maturity Manager option on the account.  This will be available up to 14 days before the maturity date."

I'm assuming you are currently more than 14 days from the maturity date?

I'm within 7 days and can't find the Maturity Manager...

I dropped them a secure message with maturity instructions, which they have in turn confirmed by secure message. If memory serves me right, the same happened a few months ago with another Saffron RS.

That's what I did yesterday but had no response from them as yet.

Hattie627

Principality BS

I have a Regular Saver Bond Issue 34 maturing on 30th May. Maturity options are available online today. Pleased to see that one of the options is to open 6 month Regular Saver Issue 3 (rolling over £200 on maturity and keeping same account number). The interest rate is fixed at 7.36% gross/7.50% AER. I have selected this in the hope that it will be honoured even if the 6 month RS Issue 3 is withdrawn before 30 May.

Thought that this might be useful to anyone with a RSB Issue 34 maturing around same date as mine (think I opened it on the day it became available)

Edited to add: this will be my third 6 month RS Issue 3

flaneurs_lobster

Hattie627 said:

Principality BS

Ditto to everything @Hattie627 says

moi

Bridlington1 said:

Coventry BS Loyalty Regular Saver (3) at 5% has disappeared from moneyfacts suggesting it shall go NLA within hours. It still shows on their website though and I was able to open the account a minute ago in online banking.

As you expected, it's gone from their own site now.  I can't see Loyalty Regular Saver (3) in Coventry's rate reductions list that AndyTh_2 posted. So if it's staying at 5%, it could be worth keeping, rather than just having it for the 31 May prize draw.

exel1966

COVENTRY BS

Kim_13

moi said:

Bridlington1 said:

Coventry BS Loyalty Regular Saver (3) at 5% has disappeared from moneyfacts suggesting it shall go NLA within hours. It still shows on their website though and I was able to open the account a minute ago in online banking.

As you expected, it's gone from their own site now.  I can't see Loyalty Regular Saver (3) in Coventry's rate reductions list that AndyTh_2 posted. So if it's staying at 5%, it could be worth keeping, rather than just having it for the 31 May prize draw.

I put £100 in it earlier in the month for the draw, intending to leave it there rather than take the penalty as it is only £100 and I have £100 earning less permanently for the purposes of continuity of membership at Cambridge BS. If this Coventry account should become more competitive relative to the competition later in the term and I have funds to do so, I will start actively funding it.