The Top Regular Savers Discussion Thread

Bridlington1

NatWest/RBS Interest Rate Reductions 28/8/25:

Digital Regular Saver:
Balances of £1-£5k  ~~~~ NO CHANGE~~~~ Remains at 5.5% AER (5.37% gross)
Balances of over £5k ~~~ Reduction from 1.15% to 1.06% AER

s71hj

Bridlington1 said:

NatWest/RBS Interest Rate Reductions 28/8/25:

Digital Regular Saver:
Balances of £1-£5k  ~~~~ NO CHANGE~~~~ Remains at 5.5% AER (5.37% gross)
Balances of over £5k ~~~ Reduction from 1.15% to 1.06% AER

Excellent. I tend to regard this as a loss leader product. Along wirh eg the Santander Edge current account interest rate I work on the assumption they'll make sure it keeps it's "edge" therefore, but it's a relief when this appears to be borne out. Especially given I thought the same about the Halifax Reward current accounts too!!! 

pecunianonolet

Virgin

Requested closure via online form of the regular saver (the form that was mentioned many pages ago), provided account details in the form for the regular saver. Followed up a day later via online chat just in case to make sure the reg saver is getting closed. 

Received an email "Sorry to see you go", checked my app and instead of the regular saver they closed my current account. Reg saver still not closed, still waiting for the interest to be transferred to the current account (that is now closed). 

Just raised a complaint. Totally unacceptable. 

Screenshots not allowed in the app, transcript only available by post on paper if chat has happened via app. Requested a postal copy now. 

SnowMan

Bridlington1 said:

FD allows nicknames but has a limitation in that if you set up multiple payees with the same sort code & account number but with different references it changes the reference of each of these payees to the most recently used (same with HSBC).

That's strange. I've got 3 payees set up on my first direct account to Principality with the same account number and sort code and with 3 different references equal to the respective account numbers. At what point did it change the reference for you?  

chris_the_bee

Aldermore summary of the changes.

Regular Saver Issue 1 - 3    Previous rate    Rate effective from 22 August 2025 Gross annual interest rate   AER 4.75%       4.50%

Hattie627

Aldermore Regular Savers Issues 1 to 3

Rate reducing to 4.50% (from 4.75%) with effect from 22 August. Source: email received

Section62

Aldermore  RS issues 1 to 3 - interest rate drops from 4.75% to 4.5% with effect 22/08/2025

(email just now)

HHUK

pecunianonolet said:

Virgin

Requested closure via online form of the regular saver (the form that was mentioned many pages ago), provided account details in the form for the regular saver. Followed up a day later via online chat just in case to make sure the reg saver is getting closed. 

Received an email "Sorry to see you go", checked my app and instead of the regular saver they closed my current account. Reg saver still not closed, still waiting for the interest to be transferred to the current account (that is now closed). 

I submitted my closure form online about a week ago, since when I've heard nothing. Having read your post, I tried the online chat but found it worse than useless, so decided to call the number mentioned at the end of the chat: 0800 028 4836.

Spoke with an extremely pleasant, friendly and helpful agent, who was unable to locate my closure request. She said she'd action the closure again from scratch, and that it could take 3-5 working days, on account of the volume of such requests they've received. If it happens quicker than that, it will be because the form had in fact turned up and been processed.

clivep

HHUK said:

pecunianonolet said:

Virgin

Requested closure via online form of the regular saver (the form that was mentioned many pages ago), provided account details in the form for the regular saver. Followed up a day later via online chat just in case to make sure the reg saver is getting closed. 

Received an email "Sorry to see you go", checked my app and instead of the regular saver they closed my current account. Reg saver still not closed, still waiting for the interest to be transferred to the current account (that is now closed). 

I submitted my closure form online about a week ago, since when I've heard nothing. Having read your post, I tried the online chat but found it worse than useless, so decided to call the number mentioned at the end of the chat: 0800 028 4836.

Spoke with an extremely pleasant, friendly and helpful agent, who was unable to locate my closure request. She said she'd action the closure again from scratch, and that it could take 3-5 working days, on account of the volume of such requests they've received. If it happens quicker than that, it will be because the form had in fact turned up and been processed.

Virgin

Requested our closures by the form on 2nd August. No acknowledgement. No closure. No interest. Secure messages sent this morning.

Security key ordered for my account by secure message and acknowledgement received that it's on it's way (not received yet but they've got 12 months!).

The one ordered for my wife has not received a reply.

BestSeagull

pecunianonolet said:

Virgin

Requested closure via online form of the regular saver (the form that was mentioned many pages ago), provided account details in the form for the regular saver. Followed up a day later via online chat just in case to make sure the reg saver is getting closed. 

Received an email "Sorry to see you go", checked my app and instead of the regular saver they closed my current account. Reg saver still not closed, still waiting for the interest to be transferred to the current account (that is now closed). 

Just raised a complaint. Totally unacceptable. 

Screenshots not allowed in the app, transcript only available by post on paper if chat has happened via app. Requested a postal copy now. 

Wow! That is awful. You should get a really decent amount of compensation for that.