The Top Regular Savers Discussion Thread

allegro120

shirley999 said:

Also note, where I’ve in the past paid into Halifax in the final month, I’ve then been unable to fund the new regular saver for that first month.  I’d guess others in that banking family might operate in a similar fashion.

No. Unlike Halifax, BoS and Lloyds don't roll over their RSs.

Halifax.
If you want to make 2 payments in the final month you can close your existing RS and open a new one. 

Bridlington1

West Brom BS Fixed Rate Regular Saver (Issue 7) at 6% NLA.

Dizzycap

Bridlington1 said:

West Brom BS Fixed Rate Regular Saver (Issue 7) at 6% NLA.

Hoping that WB BS will have a new Fixed Rate RS with online opening as I'm sure they must realise that many savers will be having maturing RS next month and won't be going to a branch to open a new RS. However, I won't hold my breath!   

masonic

Dizzycap said:

Bridlington1 said:

West Brom BS Fixed Rate Regular Saver (Issue 7) at 6% NLA.

Hoping that WB BS will have a new Fixed Rate RS with online opening as I'm sure they must realise that many savers will be having maturing RS next month and won't be going to a branch to open a new RS. However, I won't hold my breath!   

I think the trend is back to branch with West Brom. My RS matured on Friday, so I phoned today to pull the money out of the Access RS, all very efficiently processed over the phone and I should have the money tomorrow.

allegro120

Dizzycap said:

Bridlington1 said:

West Brom BS Fixed Rate Regular Saver (Issue 7) at 6% NLA.

Hoping that WB BS will have a new Fixed Rate RS with online opening as I'm sure they must realise that many savers will be having maturing RS next month and won't be going to a branch to open a new RS. However, I won't hold my breath!   

Why many savers next month?  Mine matures on 2nd January. I opened my first issue 7 on 22nd December 2023 (I normally open RSs on the date they are launched), took 6 working days to get a new one opened - those who followed a similar pattern should be half way through the term now.

If they stop/pause online applications it will most likely be because at the moment they have enough funds to lend.

I won't hold my breath, but always make sure that I have an existing account of some sort.  Makes it easier to open new accounts and continuous membership might become useful one day. 

Dizzycap

masonic said:

Dizzycap said:

Bridlington1 said:

West Brom BS Fixed Rate Regular Saver (Issue 7) at 6% NLA.

Hoping that WB BS will have a new Fixed Rate RS with online opening as I'm sure they must realise that many savers will be having maturing RS next month and won't be going to a branch to open a new RS. However, I won't hold my breath!   

I think the trend is back to branch with West Brom. My RS matured on Friday, so I phoned today to pull the money out of the Access RS, all very efficiently processed over the phone and I should have the money tomorrow.

I think so too! Although I have another account open in case it should change at some point.

gt94sss2

Zopa have updated their Regular Saver which now pays 7.1% (variable) on upto £300/month for new accounts.

You still need a Zopa current account to get one but that is now out of beta so anyone can apply for one.

Bridlington1

Bridlington1 said:

West Brom BS Fixed Rate Regular Saver (Issue 7) at 6% NLA.

Further to the above West Brom BS Fixed Rate Regular Saver (Issue 7) at 6% appears to have re-appeared on their website so has been re-admitted to the list on the first page of this thread. The account appears to have remained as branch only for the time being.

gt94sss2 said:

Zopa have updated their Regular Saver which now pays 7.1% (variable) on upto £300/month for new accounts.

You still need a Zopa current account to get one but that is now out of beta so anyone can apply for one.

Zopa's Regular Saver Pot has now been moved to the open to all list as it is no longer in its beta phase and the listing updated to reflect the updated terms.

Apologies for not doing the above sooner, yesterday was the most traumatic I've experienced. I shan't go into details as some would find it distressing.

Speculator

liger said:

Can a 13th payment be sent to Progressive BS Rainy Day RS?  I have a balance of £3600 and it matures 13th July.

I asked via secure message and they confirmed a 13th payment is allowed in July even if your balance is £3600.

Mine matures 27th July.

ToastLady

Bridlington1 said:

Bridlington1 said:

West Brom BS Fixed Rate Regular Saver (Issue 7) at 6% NLA.

Further to the above West Brom BS Fixed Rate Regular Saver (Issue 7) at 6% appears to have re-appeared on their website so has been re-admitted to the list on the first page of this thread. The account appears to have remained as branch only for the time being.

gt94sss2 said:

Zopa have updated their Regular Saver which now pays 7.1% (variable) on upto £300/month for new accounts.

You still need a Zopa current account to get one but that is now out of beta so anyone can apply for one.

Zopa's Regular Saver Pot has now been moved to the open to all list as it is no longer in its beta phase and the listing updated to reflect the updated terms.

Apologies for not doing the above sooner, yesterday was the most traumatic I've experienced. I shan't go into details as some would find it distressing.

Hope that you are ok Bridlington, take care of yourself. Personal life comes first, not the forum so no need for any apologies.