The Old Regular Savers Discussion Thread 28/12/24-29/1/26

Snapdragon

Aidanmc said:

My Skipton member RS Iss3 matures today.

Should i be able to open another member RS tomorrow and make deposit?

My maturity was 28th, paid into my bank this morning (29th). I was able to open the new one (via the app this morning) and paid the first £250 immediately.

Bigwheels1111

Just checked with Skipton.

Skipton member RS Iss3 matures today 29/05/25.

Matures at 00.00pm, so I will get paid tomorrow and can open a new one.

Bridlington1

Penrith BS Interest Rate Reductions 16/6/25:

Account	Old rate	New rate	Date
Penrith BS Junior Affinity Regular Saver	4.70%	4.45%	16/06/2025
Penrith BS Regular Saver 200	4.00%	NO CHANGE	16/06/2025
Penrith BS Regular Saver 200 Issue 2	5.00%	NO CHANGE	16/06/2025
Penrith BS Regular E-Saver 200	5.00%	NO CHANGE	16/06/2025
Penrith BS Regular Saver 300	5.00%	NO CHANGE	16/06/2025

Bridlington1

Saffron BS Members Month RS to be launched 2nd June 2025:

8% Fixed
£50 per calendar month max
1 withdrawal/mth

Available to those who have held a Saffron BS account continuously since 1st June 2024

Bridlington1

Bridlington1 said:

Saffron BS Members Month RS to be launched 2nd June 2025:

8% Fixed
£50 per calendar month max
1 withdrawal/mth

In addition I have been able to give maturity instructions over the phone for my old Member's Month RS to be converted into a new Members Month RS upon its maturity next month.

Nasqueron

judgingjudy said:

Nasqueron said:

I had my FD saver mature I think on the 20th, money was paid into the easy access saver + interest yesterday and new one was setup and funds taken yesterday as well, good turnaround

Did you still have a savings account set up? My First Direct RS matured on Monday 12th and I wasn’t able to access the funds until the 19th, and my new one wasn’t funded until the 21st. It’s never taken this long before - but frankly even three days I don’t consider a good turnaround compared to most of the other major banks offering regular savers which are far quicker. 

Sorry for the late reply - yes I just left the saver open

The money was in my saver and I thought it would close and take a couple of days but the logs show the money in on 20th, 22nd the 17p interest was added and I moved the funds in on the 22nd, took out all but £300 and applied for a new saver and the funds were removed same day into the new saver

jameseonline

chris_the_bee said:

10_66 said:

Saffron
I rang them today and was advised that there will be another Members Month Loyalty Saver available on Monday 2nd June.  Unable to give maturity instructions for this via their maturity manager as there aren't any details yet, but I believe it'll be similar to the existing one at 8% (not certain of this yet as they didn't have full info at the time of my call earlier today).  Instructions can be given via secure message.

Saffron
Looks like we will all have to wait until our existing Members Month Loyalty Saver matures before applying for the new one.

• "You can only hold one Members Month Loyalty Saver, as well as one regular savings product at any time with Saffron."

Yea you have to wait same as last year

jameseonline

Bridlington1 said:

Just a reminder the following interest rate cuts come into effect tomorrow:

Account	Old rate	New rate	Date
HRBS Regular Saver 30 Day Notice	4.50%	4.25%	30/05/2025
HRBS Regular Saver 30 Day Notice Issue 2	4.60%	4.35%	30/05/2025
NatWest Digital Regular Saver (headline only)	6.17%	5.50%	30/05/2025
RBS Digital Regular Saver (headline only)	6.17%	5.50%	30/05/2025

I'll be moving most of my NatWest & RBS funds into better accounts.

Anyone know if there's a minimum amount you need to have in those accounts to stay open etc by the way?

ForumUser7

Progressive BS Online Rainy Day Regular Saver

Anyone know if you can give them maturity preferences please, or if you just have to let it mature into their easy access account and then close it etc.?

Thanks

Aidanmc

ForumUser7 said:

Progressive BS Online Rainy Day Regular Saver

Anyone know if you can give them maturity preferences please, or if you just have to let it mature into their easy access account and then close it etc.?

Thanks

Mine due to mature on 10 June, had an email from them

'Your Online Regular Rainy Day Saver Acc is due to mature.

Your account with Progressive will mature on 10 June 2025. On the day following maturity your account will rollover into the current issue of our Online Instant Access Account. The Summary Box for the Online Instant Access Account will be available online for you to view when your account has matured'.

Dont know if its possible to give then alternative instructions