The Top Regular Savers Discussion Thread

Bridlington1

Leeds BS Interest Rate Reductions 17/9/25:

Home Deposit Saver (all issues) ~~~ NO CHANGE to headline rate on balances of under £30k so remains at 4.8%. Rate for balances above £30k to reduce from 1.85% to 1.7%

REGULAR SAVER (ISSUE 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 56, 57, 59, 60, 61, 62, 63, 64, 65 & 66)  ~~~ NO CHANGE to headline rate on balances of under £6k so remains at 4.7%. Rate for balances above £30k to reduce from 1.85% to 1.7%

REGULAR SAVER (ISSUE 55 & 58) ~~~ NO CHANGE to headline rate on balances of under £6k so remains at 4.85%. Rate for balances above £30k to reduce from 1.85% to 1.7%

Saver684926

Darlington Building Society Regular Monthly Saver and Green Monthly Saver

Hello,

Did anyone receive any correspondence regarding the conversion of these accounts to easy access savings accounts please?

If you did, can you please advise if you held more than £100 in either of the accounts?

If you did not, can you also advise if you held more than £100 in either of the accounts please?

Darlington Building Society have advised communications around the product change were only sent to members with more than £100 in one of the affected accounts, and they say this is in line with their ts and cs. However I think communications should have been sent to all members (or at least put in branch/online) and that not doing so was not in line with the terms, as there is no stated required minimum balance for notifying of changes to 'specific terms' (while there is relating to interest rates).

I looked through this thread, and it seems weird that no one posted about the changes before they occurred, which is why I am asking the question as it will help confirm if:

1. Communications were actually sent out to anyone (on balance of probabilities, someone on here probably had more than £100 in either account)
2. If communications were actually limited to those with more than £100 balances

Thank you

ForumUser7

Welcome to the forum.

My accounts were converted and I was not notified either, but I did hold less than £100. They probably are supposed to notify us.

I don't think anyone did post before the changes occurred, but I posted (as did @BestSeagull ) when we became aware, albeit after the changes had taken place. I am unsure what their balance was. I don't believe anyone else posted about the same issue, so perhaps it is just us three affected.

gt94sss2

Saver684926 said:

Darlington Building Society Regular Monthly Saver and Green Monthly Saver

Did anyone receive any correspondence regarding the conversion of these accounts to easy access savings accounts please?

If you did, can you please advise if you held more than £100 in either of the accounts?

I had a Darlington RS with over £100 that matured recently and I asked them why I did not receive notification that this was going to occur.

They claimed that the maturity notifications had been sent by email and may have ended up in my Spam folder.

Don't really buy that but not really worth the effort to pursue 

friolento

AFAIK, the obligation to notify applies, by FCA rules, only to accounts with balances >£100. But check for yourself.

10_66

gt94sss2 said:

Saver684926 said:

Darlington Building Society Regular Monthly Saver and Green Monthly Saver

Did anyone receive any correspondence regarding the conversion of these accounts to easy access savings accounts please?

If you did, can you please advise if you held more than £100 in either of the accounts?

I had a Darlington RS with over £100 that matured recently and I asked them why I did not receive notification that this was going to occur.

They claimed that the maturity notifications had been sent by email and may have ended up in my Spam folder.

Don't really buy that but not really worth the effort to pursue 

I had the same occur too.  They confirmed no notice had been sent for conversion due to balance, but claimed to have sent out notice for the maturity.  They did not send me anything for the maturing account and could not prove that they had when I asked for this.