The Top Regular Savers Discussion Thread

schiff

Here we go again! Email from Mitek with YBS content so I'm not sure who from. Your account is not open yet - you have three days left to check your ID. Get started with your ID checks.
Made a complaint with the facility of the form provided. Basically telling them I'd done it. Closed two EA accounts, reduced the other to the £1 minimum. That'll teach 'em! Not going to add to the two remaining RSs - for now anyway. 

apt

subjecttocontract said:

I just checked the YBS website and I don't see any accounts that I could describe as competitive..

That's true currently, but they've had very good loyalty savers in the past and I expect their time will come again. I still use ex-Egg accounts with YBS for an easy way to generate direct debits and, while the free fivers are still going, making debit card payments from Halifax reward accounts.

friolento

apt said:

subjecttocontract said:

I just checked the YBS website and I don't see any accounts that I could describe as competitive..

That's true currently, but they've had very good loyalty savers in the past and I expect their time will come again. I still use ex-Egg accounts with YBS for an easy way to generate direct debits and, while the free fivers are still going, making debit card payments from Halifax reward accounts.

Straying a bit off-topic but I find YBS useful for splitting ISAs when you are stuck with an ISA provider who doesn’t support partial transfers out. YBS do manage the transfer process very well, and they support partial transfers out. I did open an ISA with them in the last month and didn’t have to go through any of the verification malarkey (have held YBS accounts for years). May be I was just lucky.

The other positive for some people is their widespread Branch network, although most things can be done in the app/online, and I found their CS easily contactable and very competent.

Kim_13

friolento said:

apt said:

subjecttocontract said:

I just checked the YBS website and I don't see any accounts that I could describe as competitive..

That's true currently, but they've had very good loyalty savers in the past and I expect their time will come again. I still use ex-Egg accounts with YBS for an easy way to generate direct debits and, while the free fivers are still going, making debit card payments from Halifax reward accounts.

Straying a bit off-topic but I find YBS useful for splitting ISAs when you are stuck with an ISA provider who doesn’t support partial transfers out. YBS do manage the transfer process very well, and they support partial transfers out. I did open an ISA with them in the last month and didn’t have to go through any of the verification malarkey (have held YBS accounts for years). May be I was just lucky.

The other positive for some people is their widespread Branch network, although most things can be done in the app/online, and I found their CS easily contactable and very competent.

I’ve also not been asked as yet (just the time taken for them to complete extra checks) and wonder whether those who have been asked are those that have moved in the last three years. Has anyone been asked for a Mitek without a semi-recent change of address?

easysaver

Aldermore RS Account Issue 1
Has anyone had a 13th payment accepted and not returned? There's nothing in their terms but I seem to remember someone had their 13th payment returned.

CricketLady

Bridlington1 said:

Aidanmc said:

I will be needing to withdraw from some of my lower paying Regular savers in order to fund higher interest ones for the next month or two, until some current ones mature.

Starting with 5% ones, Santander, Penrith, Darlington, Melton RS5.

Think its better to withdraw rather that close them.

I believe the Coventry Loyalty RS has penalty for withdrawal, so will leave that for now and not fund it.

Out of those ones Santander, Darlington and Penrith are still around at 5% so rather than withdrawing from them I'd be more inclined to ``refresh" them as it would allow you to push the maturity date on a bit.

Melton has no maturity date so you may as well just withdraw from it as you stated.

Good afternoon,

Please could someone tell me how would I refresh my Darlington 5% account?  I've only ever refreshed Lloyds before, I need the £1500 back from my Darlington but I'd also love to have an account maturing in July next year (it's currently my only "empty" month) so if I could refresh it tomorrow that would be great.

Thank you so much x

schiff

I’ve also not been asked as yet (just the time taken for them to complete extra checks) and wonder whether those who have been asked are those that have moved in the last three years. Has anyone been asked for a Mitek without a semi-recent change of address?

Me for one - same address for dozens of years, same address, Voters List since Lloyd George was PM.

Aidanmc

CricketLady said:

Bridlington1 said:

Aidanmc said:

I will be needing to withdraw from some of my lower paying Regular savers in order to fund higher interest ones for the next month or two, until some current ones mature.

Starting with 5% ones, Santander, Penrith, Darlington, Melton RS5.

Think its better to withdraw rather that close them.

I believe the Coventry Loyalty RS has penalty for withdrawal, so will leave that for now and not fund it.

Out of those ones Santander, Darlington and Penrith are still around at 5% so rather than withdrawing from them I'd be more inclined to ``refresh" them as it would allow you to push the maturity date on a bit.

Melton has no maturity date so you may as well just withdraw from it as you stated.

Good afternoon,

Please could someone tell me how would I refresh my Darlington 5% account?  I've only ever refreshed Lloyds before, I need the £1500 back from my Darlington but I'd also love to have an account maturing in July next year (it's currently my only "empty" month) so if I could refresh it tomorrow that would be great.

Thank you so much x

You would need to close the existing Darlington RS and when thats processed you should be able to open a new one.

judgingjudy

schiff said:

I’ve also not been asked as yet (just the time taken for them to complete extra checks) and wonder whether those who have been asked are those that have moved in the last three years. Has anyone been asked for a Mitek without a semi-recent change of address?

Me for one - same address for dozens of years, same address, Voters List since Lloyd George was PM.

Lloyd George was PM until 1922, when you had to be at least 21 to vote, so if you were indeed born in 1901 or before, you could understand YBS flagging that for further checks...

Back on topic, though: I have recently opened a new account with them (last few weeks) and despite having moved home within the last three years, I didn't have to complete any additional checks. I've been a customer since 2022, the year I moved, and I've only had to do the standard checks when I first joined. Perhaps I've been lucky, or perhaps the checks are only flagged for specific customer attributes.

Bridlington1

Just a reminder the following interest rate cuts come into effect tomorrow:

Account	Old rate	New rate	Date
Hanley Economic Branch Regular Saver	1.90%	1.65%	01/07/2025
Hanley Economic Online Regular Saver	4.70%	4.40%	01/07/2025
Hanley Economic Regular Saver	1.95%	1.70%	01/07/2025
Loughborough BS 1 Year Super Saver	6.00%	NO CHANGE	01/07/2025
Loughborough BS 2 Year Super Saver	5.00%	NO CHANGE	01/07/2025
Loughborough BS Holiday Monthly Saver	5.60%	NO CHANGE	01/07/2025
Loughborough BS Limited Access Monthly Saver	4.75%	4.45%	01/07/2025
Loughborough BS Regular Monthly Saver  Account	2.50%	NO CHANGE	01/07/2025
Mansfield BS Bonus Regular Savings Issue 8 (includes 1.85% bonus for 12 months)	5.60%	5.35%	01/07/2025
Mansfield BS Kick Start Regular Savings Issue 7	3.75%	3.50%	01/07/2025
Mansfield BS Regular Savings (2nd issue)	3.75%	3.50%	01/07/2025
Mansfield BS Regular Savings (3rd- 6th issues, including 150th anniversary issue)	3.75%	3.50%	01/07/2025
Mansfield BS Regular Savings 30 (1st issue)	4.00%	3.70%	01/07/2025
Mansfield BS Young Regular Saver (1st and 2nd issue)	4.25%	3.90%	01/07/2025
Mansfield BS Young Regular Saver (3rd issue)	4.25%	3.90%	01/07/2025
Mansfield Regular eSaver 30 (1st issue)	4.00%	3.70%	01/07/2025
Nationwide Flex Regular Saver Issue 3	6.50%	NO CHANGE	01/07/2025
Nationwide Flex Regular Saver Issue 4	6.50%	NO CHANGE	01/07/2025
Nationwide Flex Regular Saver Issue 5	6.50%	NO CHANGE	01/07/2025