The Top Regular Savers Discussion Thread

Dadto3Boys

mon3ysav3r said:

Just received a letter from Coventry BS, I am one of fifty people to win 1000 pounds in the Coventry BS Loyalty Regular Saver (3) prize draw, happy days, anyone else?

I did as well!
Are there any other banks who do this sort of thing?
Coventry also had "Sunny Day Saver" from Oct 2024 so hoping out for another £500 on that

Bridlington1

RosieRooBear said:

Dudley Loyalty Regular Saver
Have just spoken to Customer Services at Dudley BS as I opened my account last night but funds didn’t get credited until this morning. She has confirmed that as long as the account was opened on or before 17th July whether funded or not then you are eligible for the Loyalty RS.
A bit annoying that it is branch or post but I think it’s worth applying for as it is for £500 pm.

On the off chance I've phoned them myself, I applied for an EA account yesterday but didn't get the email and text message to say it had been opened till this morning.

They've said they shall send me an application pack with prepaid envelope for the Loyalty RS.

Given that I shan't have to pay for postage and did apply for the EA account before the cut off I may as well send off an application form.

Additionally if push comes to shove I did hold a Dudley BS account a couple of years back briefly when I was experimenting with the debit card deposit facility so from the wording of the Ts&Cs I could argue that I'm still eligible on the grounds that I am now an existing customer who did hold a live account with them a couple of years back (which was still on or before 17th July 2025).

Bridlington1

Dadto3Boys said:

mon3ysav3r said:

Just received a letter from Coventry BS, I am one of fifty people to win 1000 pounds in the Coventry BS Loyalty Regular Saver (3) prize draw, happy days, anyone else?

I did as well!
Are there any other banks who do this sort of thing?
Coventry also had "Sunny Day Saver" from Oct 2024 so hoping out for another £500 on that

Nationwide previously had a Start to Save Issue 2 regular saver which came with a prize draw, sadly I didn't win anything on it but it was still a decent rate at the time.

Bridlington1

Suffolk BS to launch new versions of their branch/post and online Fixed rate regular savers on Monday (21/7/25). These shall pay 5% fixed (up from 4.85% with the current issues) and shall have maturity dates of 30.09.2026.

francoghezzi

Bridlington1 said:

Suffolk BS to launch new versions of their branch/post and online Fixed rate regular savers on Monday (21/7/25). These shall pay 5% fixed (up from 4.85% with the current issues) and shall have maturity dates of 30.09.2026.

I do have the current issue, it'd be interesting to know if it will be possible to open even this one 

AndyTh_2

Bridlington1 said:

OneUser1 said:

The new 6% variable Loyalty Dudley Regular Saver now on their website. It’s open by post or branch and you needed to be a member on or before 17th July 2025. 

And annoyingly, my Dudley EA account has now been opened this morning, so it seems I've missed out by less than 12 hours.

First page of this thread shall be updated this evening.

Can you add "Dudley" to that https://forums.moneysavingexpert.com/discussion/comment/81549130/#Comment_81549130

currently just says Loyalty One Year Regular Saver without the bank/bs name

Bridlington1

AndyTh_2 said:

Bridlington1 said:

OneUser1 said:

The new 6% variable Loyalty Dudley Regular Saver now on their website. It’s open by post or branch and you needed to be a member on or before 17th July 2025. 

And annoyingly, my Dudley EA account has now been opened this morning, so it seems I've missed out by less than 12 hours.

First page of this thread shall be updated this evening.

Can you add "Dudley" to that https://forums.moneysavingexpert.com/discussion/comment/81549130/#Comment_81549130

currently just says Loyalty One Year Regular Saver without the bank/bs name

Now updated, apologies for that oversight.

Bridlington1

francoghezzi said:

Bridlington1 said:

Suffolk BS to launch new versions of their branch/post and online Fixed rate regular savers on Monday (21/7/25). These shall pay 5% fixed (up from 4.85% with the current issues) and shall have maturity dates of 30.09.2026.

I do have the current issue, it'd be interesting to know if it will be possible to open even this one 

I'd assume you should be able to. The terms of the current issue only say you can't have more than one of that particular issue, if the new RS terms follow suit you should be able to hold one of each issue. Same as Principality in that regard.

rallycurve

PRAISETHESUN said:

apt said:

pecunianonolet said:

apt said:

The 10% Virgin Money RS moves to a measly 1.75% Everyday Saver at the end of the month so should be moved on to a better place then. If you don't close the Everyday Saver this month's RS interest is only capitalised in September.

So the Everyday Saver should be closed on 1st August to capitalise the interest after the last day of being paid 10% and to avoid funds being left to earn 1.75%? 

Yes. They only mention closing it by phone or letter. Hope it can also be done on the app or online.

There's an option to close your account through online banking by submitting a closure form. I've used it to close the linked savings account that comes bundled with their current account (despite what they say, it does not get automatically closed when you close your current account), and I assume this online form will also allow you to close other types of savings accounts as well.

When logged in to internet banking, from the menus across the top of the page select the three dots "More" and scroll down to "Close an account" (under the Account Services sub-heading). From there you fill in a form with details of the account you wish to close and you can nominate an account (can be with another bank) to receive any outstanding balance/interest.

Virgin Money

I can confirm this still works for closing a savings account.
After reading this, I filled the form on Wednesday to request closure of an old M Plus Saver (that wasn't automatically closed when the current account was switched away). And I have just checked and it is no longer showing in my online banking. I haven't received any message about it so not sure when it was actioned. It could have been yesterday as I didn't check. So it's been 1-2 days for me

Assuming it'll work for the regular saver too

Kim_13

Anyone know whether a cheque should be made out to Dudley BS, my name or both? It mentioned it was possible to open by cheque in the pop up when you download the application form but I didn’t see anything to that effect.