The Top Regular Savers Discussion Thread

allegro120

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

I don't think RS has it's own account number, it's just one of the pots in "Smart Savings Hub". Yes, if you send money to acces account you should be able transfer it into the RS.
 
This is what I do and it never failed. 2 simple steps, the whole process takes about one minute:
1.  Deposit to Zopa current account
2.  Internally transfer to RS
I guess transferring from from access account won't be any different. 

allegro120

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.

"The list below shows the banks that are compatible with auto-save — we expect more banks to be added in the future.

• Bank of Scotland

• Barclays

• First Direct

• Halifax

• HSBC

• Lloyds

• Monzo

• Nationwide Building Society

• NatWest

• Royal Bank of Scotland

• Santander

• Ulster Bank" 

I have accounts with all, but Monzo, on the list.  None of these fit my 'feeder account' requirements.  

WillPS

allegro120 said:

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.

"The list below shows the banks that are compatible with auto-save — we expect more banks to be added in the future.

• Bank of Scotland

• Barclays

• First Direct

• Halifax

• HSBC

• Lloyds

• Monzo

• Nationwide Building Society

• NatWest

• Royal Bank of Scotland

• Santander

• Ulster Bank" 

I have accounts with all, but Monzo, on the list.  None of these fit my 'feeder account' requirements.  

You could standing order from your 'feeder account' to one of these others. (I probably wouldn't do this as it'd cost a few days interest, but it's an option)

allegro120

chris_the_bee said:

Bridlington1 said:

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 following providers of regular savers did not declare their intentions with regards to interest rates:
Nottingham BS
Gatehouse.


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.

Gatehouse 

I’m writing to remind you we will be reducing the rate on your Gatehouse Bank Easy Access Maturity account effective 02 July 2025 as follows:

Current rate	New lower rate
4.35% Gross	4.15% Gross

Is it about issue 2?  I've closed it, but I still have EARS issue 1 which will reduce to 4.15% on 26th June. I wonder why they don't do them all on the same date. 

clairec666

I'm trying to work out which banks allow you to close your current account but keep the regular saver open (for the purpose of getting switching bonuses!)
I've already successfully done this with Virgin, but couldn't do it with Halifax (they refused the switch out).
RBS's T&Cs say you can close the current account but will then only be able to withdraw from your regular saver in branch.
Anyone managed to do this with any other providers? Particularly TSB or Cooperative?

trickydicky14

surreysaver said:

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.

The auto save feature is unreliable 

Am I just lucky, I've been using it for a long time and it's never let me down as yet. And personally having to move almost 8k around each month with RS's I'm all for an easy life. But I understand it's a pain if it's gone wrong for someone.

WillPS

clairec666 said:

I'm trying to work out which banks allow you to close your current account but keep the regular saver open (for the purpose of getting switching bonuses!)
I've already successfully done this with Virgin, but couldn't do it with Halifax (they refused the switch out).
RBS's T&Cs say you can close the current account but will then only be able to withdraw from your regular saver in branch.
Anyone managed to do this with any other providers? Particularly TSB or Cooperative?

Halifax Regular Saver does not require a current account to be held. There must've been a different reason your switch failed.

friolento

surreysaver said:

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.

The auto save feature is unreliable 

My autosave into Zopa has been working as designed, no issues. If it didn't, I would take the opportunity to complain to Zopa 

clairec666

WillPS said:

clairec666 said:

I'm trying to work out which banks allow you to close your current account but keep the regular saver open (for the purpose of getting switching bonuses!)
I've already successfully done this with Virgin, but couldn't do it with Halifax (they refused the switch out).
RBS's T&Cs say you can close the current account but will then only be able to withdraw from your regular saver in branch.
Anyone managed to do this with any other providers? Particularly TSB or Cooperative?

Halifax Regular Saver does not require a current account to be held. There must've been a different reason your switch failed.

Thanks - I successfully switched out after the regular saver matured, no feedback about why the initial switch failed but I assumed it was because the regular saver was still open

chris_the_bee

allegro120 said:

chris_the_bee said:

Bridlington1 said:

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 following providers of regular savers did not declare their intentions with regards to interest rates:
Nottingham BS
Gatehouse.


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.

Gatehouse 

I’m writing to remind you we will be reducing the rate on your Gatehouse Bank Easy Access Maturity account effective 02 July 2025 as follows:

Current rate	New lower rate
4.35% Gross	4.15% Gross

Is it about issue 2?  I've closed it, but I still have EARS issue 1 which will reduce to 4.15% on 26th June. I wonder why they don't do them all on the same date. 

Gatehouse
My account is Issue 1