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The Top Regular Savers Discussion Thread

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Comments

  • Bigwheels1111
    Bigwheels1111 Posts: 3,032 Forumite
    1,000 Posts Third Anniversary Name Dropper
    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.

  • Nasqueron
    Nasqueron Posts: 10,620 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    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

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • jameseonline
    jameseonline Posts: 1,042 Forumite
    500 Posts First Anniversary Name Dropper
    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
    jameseonline Posts: 1,042 Forumite
    500 Posts First Anniversary Name Dropper
    Just a reminder the following interest rate cuts come into effect tomorrow:

    AccountOld rateNew rateDate
    HRBS Regular Saver 30 Day Notice4.50%4.25%30/05/2025
    HRBS Regular Saver 30 Day Notice Issue 24.60%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
    ForumUser7 Posts: 2,422 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    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
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
  • Aidanmc
    Aidanmc Posts: 1,281 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    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



  • PowerSavingMode
    PowerSavingMode Posts: 267 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 29 May at 7:40PM
    Just a reminder the following interest rate cuts come into effect tomorrow:

    AccountOld rateNew rateDate
    HRBS Regular Saver 30 Day Notice4.50%4.25%30/05/2025
    HRBS Regular Saver 30 Day Notice Issue 24.60%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?
    I don't know exactly, but I assume a minimum of £1 followed by regular monthly deposits of £1 by SO:

    "when you save between £1 - £50  by standing order each month"
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