The Top Regular Savers Discussion Thread

Kim_13

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."

That term has been there since 2023, and at that time I had a Small Saver also (which was the only account I had with the requisite term of membership.) Members’ Month seems to be very much the exception, permitted in addition to one of the Small Saver or the 12 Month Members’ Regular Saver. As the Members’ Month Loyalty Saver could be applied for online and opened immediately, needing the old one to mature before the new one can be opened is unlikely to be an issue (I’ve previously transferred a postal ISA out early, so as to be eligible for the next, as the postal element meant the account matured a year and a week after it was applied for instead.)

I didn’t renew the Small Saver and will now qualify via an E-Saver, so will have no problems should they decide it is one Regular Saver period.

orange-juice

For the first direct regular saver.. I’m a bit confused by these points in the faqs. Can anyone understand it?

How can you catch up if you can only deposit £300 per month max and the only way to pay in is by standing order?

Regular Payments:

• regular deposits must be made by standing order each month

• the minimum monthly deposit is £25 per month

• the maximum monthly deposit is £300 per month

• if you don't pay in the maximum allowed in any month, you can carry over any unused subscriptions and catch up in future months.

  
  

francoghezzi

orange-juice said:

For the first direct regular saver.. I’m a bit confused by these points in the faqs. Can anyone understand it?

How can you catch up if you can only deposit £300 per month max and the only way to pay in is by standing order?

Regular Payments:

• regular deposits must be made by standing order each month

• the minimum monthly deposit is £25 per month

• the maximum monthly deposit is £300 per month

• if you don't pay in the maximum allowed in any month, you can carry over any unused subscriptions and catch up in future months.

  
  

FIRST DIRECT 7% SAVER
 You simply phone them and ask to change the amount that will be deposited taking into consideration the amount you haven't paid the month or months before. It happened to me last year. One month I deposited only £150, the month after that I phoned them and they changed the standing order to £450 (of course only for that month). It took no more than 5 minutes. I always found them very helpful and professional. If you don't want to phone you can chat with them through the app or online banking. The standing order can also be lowered till a monthly minimum of £25

Bob2000

francoghezzi said:

orange-juice said:

For the first direct regular saver.. I’m a bit confused by these points in the faqs. Can anyone understand it?

How can you catch up if you can only deposit £300 per month max and the only way to pay in is by standing order?

Regular Payments:

• regular deposits must be made by standing order each month

• the minimum monthly deposit is £25 per month

• the maximum monthly deposit is £300 per month

• if you don't pay in the maximum allowed in any month, you can carry over any unused subscriptions and catch up in future months.

  
  

FIRST DIRECT 7% SAVER
 You simply phone them and ask to change the amount that will be deposited taking into consideration the amount you haven't paid the month or months before. It happened to me last year. One month I deposited only £150, the month after that I phoned them and they changed the standing order to £450 (of course only for that month). It took no more than 5 minutes. I always found them very helpful and professional. If you don't want to phone you can chat with them through the app or online banking. The standing order can also be lowered till a monthly minimum of £25

I've just done the same thing.
Last night put £250 in by mistake and  only now realised.  
Only got one more standing order left before maturity  to.

Bridlington1

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

tightbloke61

francoghezzi said:

orange-juice said:

For the first direct regular saver.. I’m a bit confused by these points in the faqs. Can anyone understand it?

How can you catch up if you can only deposit £300 per month max and the only way to pay in is by standing order?

Regular Payments:

• regular deposits must be made by standing order each month

• the minimum monthly deposit is £25 per month

• the maximum monthly deposit is £300 per month

• if you don't pay in the maximum allowed in any month, you can carry over any unused subscriptions and catch up in future months.

  
  

FIRST DIRECT 7% SAVER
 You simply phone them and ask to change the amount that will be deposited taking into consideration the amount you haven't paid the month or months before. It happened to me last year. One month I deposited only £150, the month after that I phoned them and they changed the standing order to £450 (of course only for that month). It took no more than 5 minutes. I always found them very helpful and professional. If you don't want to phone you can chat with them through the app or online banking. The standing order can also be lowered till a monthly minimum of £25

You can actually adjust the payment in the FD App I have noticed

francoghezzi

tightbloke61 said:

francoghezzi said:

orange-juice said:

For the first direct regular saver.. I’m a bit confused by these points in the faqs. Can anyone understand it?

How can you catch up if you can only deposit £300 per month max and the only way to pay in is by standing order?

Regular Payments:

• regular deposits must be made by standing order each month

• the minimum monthly deposit is £25 per month

• the maximum monthly deposit is £300 per month

• if you don't pay in the maximum allowed in any month, you can carry over any unused subscriptions and catch up in future months.

  
  

FIRST DIRECT 7% SAVER
 You simply phone them and ask to change the amount that will be deposited taking into consideration the amount you haven't paid the month or months before. It happened to me last year. One month I deposited only £150, the month after that I phoned them and they changed the standing order to £450 (of course only for that month). It took no more than 5 minutes. I always found them very helpful and professional. If you don't want to phone you can chat with them through the app or online banking. The standing order can also be lowered till a monthly minimum of £25

You can actually adjust the payment in the FD App I have noticed

Yup, that's another quick way

clairec666

tightbloke61 said:

francoghezzi said:

orange-juice said:

For the first direct regular saver.. I’m a bit confused by these points in the faqs. Can anyone understand it?

How can you catch up if you can only deposit £300 per month max and the only way to pay in is by standing order?

Regular Payments:

• regular deposits must be made by standing order each month

• the minimum monthly deposit is £25 per month

• the maximum monthly deposit is £300 per month

• if you don't pay in the maximum allowed in any month, you can carry over any unused subscriptions and catch up in future months.

  
  

FIRST DIRECT 7% SAVER
 You simply phone them and ask to change the amount that will be deposited taking into consideration the amount you haven't paid the month or months before. It happened to me last year. One month I deposited only £150, the month after that I phoned them and they changed the standing order to £450 (of course only for that month). It took no more than 5 minutes. I always found them very helpful and professional. If you don't want to phone you can chat with them through the app or online banking. The standing order can also be lowered till a monthly minimum of £25

You can actually adjust the payment in the FD App I have noticed

Yes, it appears as an option in the app - you can change the amount but not the date. I haven't actually tried this though so can't guarantee that it's accepted!

Aidanmc

My Skipton member RS Iss3 matures today.

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

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.