The Top Regular Savers Discussion Thread

E_zroda

WillPS said:

E_zroda said:

clairec666 said:

veggieblob said:

Bridlington1 said:

Dudley BS have launched a One Year Regular Saver Issue 9 at 5% (var)

£500/mth max
Branch/post only
No withdrawals but early closure permitted.
Can skip months if you wish

Am I seeing things?!    "If you were to open this account with the maximum opening balance of £500 and made the maximum investment of £500 on the 1st of each month, the total amount deposited over the one year period would be £6,000 earning you £162.12 interest. This would result in a total balance of £10,162.12."

Take a screenshot of that, and when your account matures with only £6,162.12 in it... 😁

Tried to do this (admittedly difference was only few pounds) with FD. As most of us here are aware, their RS is quite inflexible and my £300 went in by SO for 12 months bang on date. Even logged a complaint with them and they rejected it citing the 'illustration purposes only'.

First Direct's example is theoretically possible if you open the account in February (and it isn't a leap year). 

Only decided to log the complaint after seeing posts from forumites here on the interest they have received on maturity dates that were +/- appr. a week around mine

rallycurve

1stTimer said:

My principality 6 month RS matured today. I asked for a new one to be set up so £200 has been moved there. I am unable to see what account the remaining 1231.79 has been paid too? Yes I know I should have taken a note of my instructions but I assumed I would get an email confirmation.

Is there normally a delay on the funds transfer if I chose for it to be paid to another bank?

Remaining 1231.79? Does that mean you had £1400 in it? I thought the maximum for this account was £1200. Do they not enforce the limit?

Kim_13

rallycurve said:

1stTimer said:

My principality 6 month RS matured today. I asked for a new one to be set up so £200 has been moved there. I am unable to see what account the remaining 1231.79 has been paid too? Yes I know I should have taken a note of my instructions but I assumed I would get an email confirmation.

Is there normally a delay on the funds transfer if I chose for it to be paid to another bank?

Remaining 1231.79? Does that mean you had £1400 in it? I thought the maximum for this account was £1200. Do they not enforce the limit?

As with multiple of the same issue, some have succeeded with an extra payment and others have had it rejected. It’s a lottery. £1,200 is the limit, yes.

Dizzycap

Bridlington1 said:

Dudley BS have launched a One Year Regular Saver Issue 9 at 5% (var)

£500/mth max
Branch/post only
No withdrawals but early closure permitted.
Can skip months if you wish

Small error on the The Archived History Of Regular Savers Thread *** NO CHAT***  

Dudley BS 5% Fixed (? Variable)

Bigwheels1111

For the last 5 year's FD have paid me the extra few pounds or pence to make the interest up to their quoted amount.

No issues at all.

I do like to complain though.

Bridlington1

Dizzycap said:

Bridlington1 said:

Dudley BS have launched a One Year Regular Saver Issue 9 at 5% (var)

£500/mth max
Branch/post only
No withdrawals but early closure permitted.
Can skip months if you wish

Small error on the The Archived History Of Regular Savers Thread *** NO CHAT***  

Dudley BS 5% Fixed (? Variable)

Thanks for bringing this to my attention, this has now been corrected. Apologies for the misinformation.

ForumUser7

Funding Zopa

I'm still confused tbh. If I pay into the account details Zopa shows for savings, does that then go to the access account and then I can transfer internally into the RS? I.e. the RS itself has no sort code and account number? Thanks

trickydicky14

ForumUser7 said:

Funding Zopa

I'm still confused tbh. If I pay into the account details Zopa shows for savings, does that then go to the access account and then I can transfer internally into the RS? I.e. the RS itself has no sort code and account number? Thanks

Why not just use the auto save facility it's so simple and will pay money directly into your regular saver.

Bridlington1

Following the BOE Base Rate being held at 4.25% on 19th June 2025 I am no longer updating my list of regular saver interest rate cuts following the BOE base rate cut on 8th May 2025.

The full list of regular saver interest rate changes can be found below:
https://forums.moneysavingexpert.com/discussion/comment/81440959/#Comment_81440959

This link is also included on the first page of the Archived History of Regular Savers thread.

Bridlington1

trickydicky14 said:

ForumUser7 said:

Funding Zopa

I'm still confused tbh. If I pay into the account details Zopa shows for savings, does that then go to the access account and then I can transfer internally into the RS? I.e. the RS itself has no sort code and account number? Thanks

Why not just use the auto save facility it's so simple and will pay money directly into your regular saver.

I seem to recall some have experienced issues with the autosave facility so @ForumUser7 may be wishing to avoid that.

Also some (myself included) simply prefer to pay in manually as opposed to using standing orders and autosave.

Personally I usually just send £300 to the Zopa current account and do a transfer from there, plus I go into the app each month anyway so that I can update my spreadsheet on how much interest I've earned this tax year.