The Top Regular Savers Discussion Thread

wmb194

flaneurs_lobster said:

flaneurs_lobster said:

Dudley Loyalty Regular Saver

flaneurs_lobster said:

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.

checkly said:

Just rang CS and was told that it had to be funded by 17th July so no point them sending me an application form!  Oh well!

Mine's opened 17th, showing funded next day. One of those CS agents is correct, I've filled the form out so might as well spend the postage to find out which.

My Dudley Loyalty Regular Saver now showing in my online account. That was impressively quick, only posted the application yesterday.

Has anyone else who applied for Dudley BS accounts in the last week received any correspondence from them? I now have 2 accounts (albeit the RS doesn't seem to be accepting deposits yet) and have yet to receive any communication from them, not even an acknowledgement of account opening. 

Not exactly typical.

Yes, I posted my application on Friday and yesterday received the passbook in the post. The opening cheque was debited from my account this morning.

gt94sss2

Aldermore

I was reviewing my list of regular savers and noticed I had one from Aldermore which had recently ended.

I've closed the account and see they sent me a secure message on their website saying my account was about to mature.

However, I never received any emails or other communications from them saying my account was due to end and/or that I had a secure message that I should check on their website. 

I was wondering if anyone else had the same experience or if that email to me just went walkabout for some reason?

I have been getting other emails from them...

surreysaver

gt94sss2 said:

Aldermore

I was reviewing my list of regular savers and noticed I had one from Aldermore which had recently ended.

I've closed the account and see they sent me a secure message on their website saying my account was about to mature.

However, I never received any emails or other communications from them saying my account was due to end and/or that I had a secure message that I should check on their website. 

I was wondering if anyone else had the same experience or if that email to me just went walkabout for some reason?

I have been getting other emails from them...

I can't remember. I just keep track of all of mine rather than wait for communication from organisations 

s71hj

TheBanker said:

ForumUser7 said:

UndergroundSaxClub said:

Bridlington1 said:

UndergroundSaxClub said:

PRAISETHESUN said:

UndergroundSaxClub said:

Hopefully an easy one.

Recently completed a switch to RBS for the £125 incentive, now opening a DRS for the extra £50. Is using this account as advertised "pointless" if I have a lump sum, or can save around 800pcm rather than 150? I'm not great with numbers, but I think I would get a better return just sticking a big lump into an easy-access savings account rather than top this up for X amount of years.

The higher interest rate will always be the better place to save your money, even with the deposit restrictions for RS accounts. Best way to maximise your return is to whack your lump sum into a high interest easy access savings account and drip feed it each month into the even higher interest DRS account (or any of the other RS accounts discussed in this thread).

Thanks, guess it never hurts to have a backup. Currently have a Santander Edge saver at 5.84% for a year (I think) with 4k, and everything else in their Easy Access Saver, due to drop to 3% in August

I typically pay into whichever accounts give me the highest rate of interest for my money, if I pay the maximum into the top regular saver and still have money leftover I fill up the second best regular saver, then the third best one etc. You'll likely find many on this forum have a few dozen or more regular savers on the go at any one time (my peak was over 60 regular savers).

Thanks again. I think I'll follow your method. New to regular savers, but not regular saving. Seems a bit odd to wait almost 3 years to hit the currently advertised interest rate, or am I misunderstanding? 150x33months for 5.5% seems rough.

You can fill it up quickly using 'round ups'.

To do this, you turn on 5x round ups from your debit card in the NatWest app, and then you can make loads of £1.01 payments into accounts that accept debit card deposits, or just as you spend normally let it fill up.

Agree it is tedious though, and takes a while to fill

Natwest Regular Saver
If you have the Natwest Rewards current account you can also pay your cashback into the Regular Saver which doesn't seem to count towards your limit. Interest is paid monthly on the Regular Saver which also does not count towards your limit, so it is certainly possible to get to £5k quicker.

I like this account - although it's not as competitive as it was, and there are other accounts paying more, iit's very convenient for me as my main current account is with Natwest. Although Natwest have reduced the interest rate, it doesn't feel like they've been as aggressive in cutting it as some other providers, and you don't have to go through the annual close and re-open cycle. My Digital Regular Saver is my longest-standing savings account. 

I think this account is part of their overall headline offering in their marketing, so I'm pretty confident the last rate reduction was just bowing to the inevitable after a number of rate cuts and they will not be especially reactive to all future rate cuts. My plan is to get it and the RBS equivelant to £5000 via a strategy of aggressive £1.01 debit card payments for roundups and then maintain them as savings accounts with what  hopefully will remain a market leading rate for a relatively easy access account. 

Kim_13

wmb194 said:

flaneurs_lobster said:

flaneurs_lobster said:

Dudley Loyalty Regular Saver

flaneurs_lobster said:

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.

checkly said:

Just rang CS and was told that it had to be funded by 17th July so no point them sending me an application form!  Oh well!

Mine's opened 17th, showing funded next day. One of those CS agents is correct, I've filled the form out so might as well spend the postage to find out which.

My Dudley Loyalty Regular Saver now showing in my online account. That was impressively quick, only posted the application yesterday.

Has anyone else who applied for Dudley BS accounts in the last week received any correspondence from them? I now have 2 accounts (albeit the RS doesn't seem to be accepting deposits yet) and have yet to receive any communication from them, not even an acknowledgement of account opening. 

Not exactly typical.

Yes, I posted my application on Friday and yesterday received the passbook in the post. The opening cheque was debited from my account this morning.

Did you make the cheque out to just your name or Dudley Building Society - Name? Not sure which to go with given the contradictory information in different places on their site, but wanted to send a cheque to maximise my chances of getting the account as funding is dated 18/7. I note however that the word live has been removed from the terms, so hopefully staff are now on the same page in that a 17/7 opening qualifies.

flaneurs_lobster

Kim_13 said:

wmb194 said:

flaneurs_lobster said:

flaneurs_lobster said:

Dudley Loyalty Regular Saver

flaneurs_lobster said:

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.

checkly said:

Just rang CS and was told that it had to be funded by 17th July so no point them sending me an application form!  Oh well!

Mine's opened 17th, showing funded next day. One of those CS agents is correct, I've filled the form out so might as well spend the postage to find out which.

My Dudley Loyalty Regular Saver now showing in my online account. That was impressively quick, only posted the application yesterday.

Has anyone else who applied for Dudley BS accounts in the last week received any correspondence from them? I now have 2 accounts (albeit the RS doesn't seem to be accepting deposits yet) and have yet to receive any communication from them, not even an acknowledgement of account opening. 

Not exactly typical.

Yes, I posted my application on Friday and yesterday received the passbook in the post. The opening cheque was debited from my account this morning.

Did you make the cheque out to just your name or Dudley Building Society - Name? Not sure which to go with given the contradictory information in different places on their site, but wanted to send a cheque to maximise my chances of getting the account as funding is dated 18/7. I note however that the word live has been removed from the terms, so hopefully staff are now on the same page in that a 17/7 opening qualifies.

Kind of relevant, just had a call from Dudley saying my FP of £10 to the RS was less than the £50 needed to open the account (thus confirming that the account details were correct, which was the purpose of sending the tenner). 

Was planning on using most of the balance in the Easy Access account to fund some of this month's £500 but it looks like £250 is the minimum operating balance for the EA. Think I'll leave it alone at least for this month until the RS is fully set up.

chris_the_bee

@Bridlington1

Dudley BS One Year Regular Saver Issue 9~~~ Launched 19/6/25
Interest rate: 5% AER variable 
Monthly payment: £0-£500 per calendar month
Miss any payments: Yes, as many as you wish
Penalty-free withdrawals: Early closure without penalty only
Age of applicant: Aged 16 or over
How to open account: Branch and post
Length of account term: 12 months from opening
Maximum balance: £6,500
Deposits on non-working days: Unclear as of yet.
Special conditions: n/a

Dudley CS confirmed deposits received on non-working days may not be entered on the account that day, but on the next working day they would be and interest would then accrue from the date of receipt of funds.

gt94sss2

flaneurs_lobster said:

Kim_13 said:

wmb194 said:

flaneurs_lobster said:

flaneurs_lobster said:

Dudley Loyalty Regular Saver

flaneurs_lobster said:

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.

checkly said:

Just rang CS and was told that it had to be funded by 17th July so no point them sending me an application form!  Oh well!

Mine's opened 17th, showing funded next day. One of those CS agents is correct, I've filled the form out so might as well spend the postage to find out which.

My Dudley Loyalty Regular Saver now showing in my online account. That was impressively quick, only posted the application yesterday.

Has anyone else who applied for Dudley BS accounts in the last week received any correspondence from them? I now have 2 accounts (albeit the RS doesn't seem to be accepting deposits yet) and have yet to receive any communication from them, not even an acknowledgement of account opening. 

Not exactly typical.

Yes, I posted my application on Friday and yesterday received the passbook in the post. The opening cheque was debited from my account this morning.

Did you make the cheque out to just your name or Dudley Building Society - Name? Not sure which to go with given the contradictory information in different places on their site, but wanted to send a cheque to maximise my chances of getting the account as funding is dated 18/7. I note however that the word live has been removed from the terms, so hopefully staff are now on the same page in that a 17/7 opening qualifies.

Kind of relevant, just had a call from Dudley saying my FP of £10 to the RS was less than the £50 needed to open the account (thus confirming that the account details were correct, which was the purpose of sending the tenner). 

Just to note that Dudley support Confirmation of Payee so this isn't necessary as the account details will be validated via that 

Kim_13

gt94sss2 said:

flaneurs_lobster said:

Kim_13 said:

wmb194 said:

flaneurs_lobster said:

flaneurs_lobster said:

Dudley Loyalty Regular Saver

flaneurs_lobster said:

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.

checkly said:

Just rang CS and was told that it had to be funded by 17th July so no point them sending me an application form!  Oh well!

Mine's opened 17th, showing funded next day. One of those CS agents is correct, I've filled the form out so might as well spend the postage to find out which.

My Dudley Loyalty Regular Saver now showing in my online account. That was impressively quick, only posted the application yesterday.

Has anyone else who applied for Dudley BS accounts in the last week received any correspondence from them? I now have 2 accounts (albeit the RS doesn't seem to be accepting deposits yet) and have yet to receive any communication from them, not even an acknowledgement of account opening. 

Not exactly typical.

Yes, I posted my application on Friday and yesterday received the passbook in the post. The opening cheque was debited from my account this morning.

Did you make the cheque out to just your name or Dudley Building Society - Name? Not sure which to go with given the contradictory information in different places on their site, but wanted to send a cheque to maximise my chances of getting the account as funding is dated 18/7. I note however that the word live has been removed from the terms, so hopefully staff are now on the same page in that a 17/7 opening qualifies.

Kind of relevant, just had a call from Dudley saying my FP of £10 to the RS was less than the £50 needed to open the account (thus confirming that the account details were correct, which was the purpose of sending the tenner). 

Just to note that Dudley support Confirmation of Payee so this isn't necessary as the account details will be validated via that 

The FP may have been sent on the day the account appeared on the online portal, so COP would be unlikely to work as it seems to involve overnight processing. I can confirm that COP worked on 18/7 when funding the ISA I opened on 17/7.

flaneurs_lobster

Kim_13 said:

The FP may have been sent on the day the account appeared on the online portal, so COP would be unlikely to work as it seems to involve overnight processing. 

Exactly this, CoP unable to CP so £10 sent rather than full funds.