The Top Regular Savers Discussion Thread

10_66

allegro120 said:

...I'm hoping for Virgin too. Both 10.38% RSs, "82"and "05", mature on 1st and 2nd June respectively. I hope 6.5% option will still be there. £500 p/m @6.5% would be awesome.  I've now lowered my margin to 5%, this month I've funded all 5%-ers except Suffolk and Coventry Loyalty 3, next month I will probably fund these two as well.

Which Virgin regular saver has the sort code 05, please?

allegro120

MDMD said:

allegro120 said:

pecunianonolet said:

Money_Grabber13579 said:

Lisa came back to me as well and told me I wasn’t allowed another regular saver 3. Oh well, was good for the short time it lasted.

Lisa from Principality has not been your friend for sure and it's annoying not being able to make some extra interest. Rachel from Accounts is perhaps more of a concern to us and could cost us far more of future returns e.g. ISA's but we shall see. 

Anyhow, it's all been fairly quiet on the regular saver front, not many new accounts and mainly notices of rate reductions. 

Personally, I am hoping the Virgin regular saver is still around in July when my 10% version matures. Skipton is also maturing in about 2 weeks for me and of course I am hoping Lisa will not block me from having a third issue 3 regular saver so going to submit maturity instruction online on the day before maturity after business hours on the 4th. 

My 3rd and 4th issue3s are coming on 30th May and 5th June respectively.  I've received e-mail and letter confirmation for both. I expect them to be opened as promised. 

I'm hoping for Virgin too. Both 10.38% RSs, "82"and "05", mature on 1st and 2nd June respectively. I hope 6.5% option will still be there. £500 p/m @6.5% would be awesome.  I've now lowered my margin to 5%, this month I've funded all 5%-ers except Suffolk and Coventry Loyalty 3, next month I will probably fund these two as well.

Are you sure about that June date for the 10.38% account? The KPI says it matures on 31 July?

https://uk.virginmoney.com/downloads/pdf/savings/regular-saver-account-summary-box.pdf

It's 31st July indeed. I was wrong, did it off the top of my head instead of checking it properly. Thank you for correcting.

allegro120

10_66 said:

allegro120 said:

...I'm hoping for Virgin too. Both 10.38% RSs, "82"and "05", mature on 1st and 2nd June respectively. I hope 6.5% option will still be there. £500 p/m @6.5% would be awesome.  I've now lowered my margin to 5%, this month I've funded all 5%-ers except Suffolk and Coventry Loyalty 3, next month I will probably fund these two as well.

Which Virgin regular saver has the sort code 05, please?

Exactly the same regular saver as "82". 050005 is a sort code for former Yorkshire bank. Having both profiles allows you to open 2 regular savers, one per profile.

soulsaver

allegro120 said:

10_66 said:

allegro120 said:

...I'm hoping for Virgin too. Both 10.38% RSs, "82"and "05", mature on 1st and 2nd June respectively. I hope 6.5% option will still be there. £500 p/m @6.5% would be awesome.  I've now lowered my margin to 5%, this month I've funded all 5%-ers except Suffolk and Coventry Loyalty 3, next month I will probably fund these two as well.

Which Virgin regular saver has the sort code 05, please?

Exactly the same regular saver as "82". 050005 is a sort code for former Yorkshire bank. Having both profiles allows you to open 2 regular savers, one per profile.

Do we know if it is possible to get an additional profile now? I (and OH) have 05s.

10_66

soulsaver said:

allegro120 said:

10_66 said:

allegro120 said:

...I'm hoping for Virgin too. Both 10.38% RSs, "82"and "05", mature on 1st and 2nd June respectively. I hope 6.5% option will still be there. £500 p/m @6.5% would be awesome.  I've now lowered my margin to 5%, this month I've funded all 5%-ers except Suffolk and Coventry Loyalty 3, next month I will probably fund these two as well.

Which Virgin regular saver has the sort code 05, please?

Exactly the same regular saver as "82". 050005 is a sort code for former Yorkshire bank. Having both profiles allows you to open 2 regular savers, one per profile.

Do we know if it is possible to get an additional profile now? I (and OH) have 05s.

When I clicked on bank account details on Yorkshire Bank website, the link just takes you to the Virgin website now.

allegro120

soulsaver said:

allegro120 said:

10_66 said:

allegro120 said:

...I'm hoping for Virgin too. Both 10.38% RSs, "82"and "05", mature on 1st and 2nd June respectively. I hope 6.5% option will still be there. £500 p/m @6.5% would be awesome.  I've now lowered my margin to 5%, this month I've funded all 5%-ers except Suffolk and Coventry Loyalty 3, next month I will probably fund these two as well.

Which Virgin regular saver has the sort code 05, please?

Exactly the same regular saver as "82". 050005 is a sort code for former Yorkshire bank. Having both profiles allows you to open 2 regular savers, one per profile.

Do we know if it is possible to get an additional profile now? I (and OH) have 05s.

No, I don't think you can get it now. I opened Clydesdale accounts "82" a couple of years before merger.  After the merger I opened Virgin accounts which used Yorkshire sort code "05".  That's how I ended up with 2 profiles.  I still have 4 current and attached savings accounts, 2 for each profile.  The only inconvenience is that the app shows only one profile, the other one I have to access on-line.

WindfallWendy

Hi everyone...

I'm doing my occasional check in and update of my Regular Savers and trying to spot anything I'm missing out on. Today's adventures have included:

Opening Virgin Current account and Regular Saver account, taking my tally up to 12 Regular savers now.
Applying for a Progressive BS RegSaver. The verification took AGES, but I'm in now. Mildly concerned that once I made a debit card payment, it said an error had occurred. But that takes me to 13 RSs.
Looking at Leeds Building Society accounts....

So my question to you all is... I'm looking at the Home Deposit Saver at Leeds. It's 4.8% so not outstanding, but it allows £500/month and if you get a mortgage offer from the Building Society within 5 years, you get a bonus £500. Where is the catch? I might well be thinking of moving in that timeframe, and even if I'm not, why not get a mortgage offer from them anyway, if you benefit by receiving £500???!?

Are there more of these accounts available? It seems like a reasonable option instead of over-paying on the mortgage for those who have low mortgage rates (I'm still living the dream on a 0.89% rate from 3.5years ago).

Thoughts? 

chris_the_bee

WindfallWendy said:

Hi everyone...

I'm doing my occasional check in and update of my Regular Savers and trying to spot anything I'm missing out on. Today's adventures have included:

Opening Virgin Current account and Regular Saver account, taking my tally up to 12 Regular savers now.
Applying for a Progressive BS RegSaver. The verification took AGES, but I'm in now. Mildly concerned that once I made a debit card payment, it said an error had occurred. But that takes me to 13 RSs.
Looking at Leeds Building Society accounts....

So my question to you all is... I'm looking at the Home Deposit Saver at Leeds. It's 4.8% so not outstanding, but it allows £500/month and if you get a mortgage offer from the Building Society within 5 years, you get a bonus £500. Where is the catch? I might well be thinking of moving in that timeframe, and even if I'm not, why not get a mortgage offer from them anyway, if you benefit by receiving £500???!?

Are there more of these accounts available? It seems like a reasonable option instead of over-paying on the mortgage for those who have low mortgage rates (I'm still living the dream on a 0.89% rate from 3.5years ago).

Thoughts? 

Coventry, Progressive and Skipton all have a home buyers Regular Saver. There are others that are restricted for first time buyers as well. BTW Progressive BS RS rate looks a bit low, I am sure you can get better.

IanManc

WindfallWendy said:

Hi everyone...

.........

So my question to you all is... I'm looking at the Home Deposit Saver at Leeds. It's 4.8% so not outstanding, but it allows £500/month and if you get a mortgage offer from the Building Society within 5 years, you get a bonus £500. Where is the catch? I might well be thinking of moving in that timeframe, and even if I'm not, why not get a mortgage offer from them anyway, if you benefit by receiving £500???!?

..........

Thoughts? 

The website says: "If your mortgage does not complete we have the right to reclaim the bonus of £500".

WindfallWendy

IanManc said:

WindfallWendy said:

Hi everyone...

.........

So my question to you all is... I'm looking at the Home Deposit Saver at Leeds. It's 4.8% so not outstanding, but it allows £500/month and if you get a mortgage offer from the Building Society within 5 years, you get a bonus £500. Where is the catch? I might well be thinking of moving in that timeframe, and even if I'm not, why not get a mortgage offer from them anyway, if you benefit by receiving £500???!?

..........

Thoughts? 

The website says: "If your mortgage does not complete we have the right to reclaim the bonus of £500".

...Well that's fine. I'd be doing it more for the £500/month deposit to be honest. Twice that of their normal RS at the same rate with no obvious barrier to opening one. I fully expect to move house again at some point.

Do others have these on their list of RS holdings?