The Top Regular Savers Discussion Thread

Kim_13

exel1966 said:

mon3ysav3r said:

clairec666 said:

Just wondering, what is the timescale for getting a letter from HMRC re savings interest? Do you get it in time to fill in self assessment, i.e. so you are able to compare your figures with what HMRC has calculated?

I sent HMRC a letter in June asking for a copy of their interest figures they had received for me for 2024/25, and they replied that they don't receive the information about interest until September (and presumably closed my "case"). This seems typical of a HMRC reply as they seem to like to close any enquiry as quickly as possible (presumably helps with their stats). I will send a letter again towards the end of September requesting the information again. I have also read (here probably) that sometimes the member of HMRC you get through to says they work at home without a printer and are therefore unable to print out and send that information (rather than forward the request to a colleague in an office to print and post, or offer some other secure method of sending the details).

June is far too early to get figures for 24/25, it can take up to 6 months for interest to be reported, but is usually done by November. They can send a BBSI at anytime, though it won't be complete if requested early.

Isn’t June the deadline providers are given for making a statement of interest earned available to savers (whether it is posted out as a matter of course, made available for download or the customer needs to put in a request in order to get one?) Therefore it would be reasonable assume that HMRC would be aware of the interest by this time and I can understand the timing of the letter. HMRC could help the situation by adding information on the website/phone lines about when they get the information and how long it takes to process before they can provide the taxpayer with an accurate record.

Bridlington1

schiff said:

Re no change/reduction in interest rates - all I seem to be waiting for now are YBS and Gatehouse.

The following are yet to declare according to my records:

Beverley

Cumberland

Dudley

ESBS

Gatehouse

Hanley Economic

Mansfield

Market Harborough

Monmouthshire

Nationwide

Nottingham

Penrith

Suffolk

YBS

Zopa

Note not all of these have variable regular savers that pay a competitive enough interest rate for me to bother mentioning.

A full list of the cuts I have noted are on the post below (this link appears on P1 of the Archived thread for ease of reference):
https://forums.moneysavingexpert.com/discussion/comment/81581737/#Comment_81581737

clairec666

Bridlington1 said:

schiff said:

Re no change/reduction in interest rates - all I seem to be waiting for now are YBS and Gatehouse.

The following are yet to declare according to my records:

Beverley

Cumberland

Dudley

ESBS

Gatehouse

Hanley Economic

Mansfield

Market Harborough

Monmouthshire

Nationwide

Nottingham

Penrith

Suffolk

YBS

Zopa

Note not all of these have variable regular savers that pay a competitive enough interest rate for me to bother mentioning.

A full list of the cuts I have noted are on the post below (this link appears on P1 of the Archived thread for ease of reference):
https://forums.moneysavingexpert.com/discussion/comment/81581737/#Comment_81581737

Makes it sound like election night

Bridlington1

clairec666 said:

Bridlington1 said:

schiff said:

Re no change/reduction in interest rates - all I seem to be waiting for now are YBS and Gatehouse.

The following are yet to declare according to my records:

Beverley

Cumberland

Dudley

ESBS

Gatehouse

Hanley Economic

Mansfield

Market Harborough

Monmouthshire

Nationwide

Nottingham

Penrith

Suffolk

YBS

Zopa

Note not all of these have variable regular savers that pay a competitive enough interest rate for me to bother mentioning.

A full list of the cuts I have noted are on the post below (this link appears on P1 of the Archived thread for ease of reference):
https://forums.moneysavingexpert.com/discussion/comment/81581737/#Comment_81581737

Makes it sound like election night

And it's a very exciting election night, most of those yet to declare are key marginals, toss ups between the sensible party and the silly party. Oh, and Mary Whitehouse has taken Umbridge shortly after it was announced the previous winner has held onto Bristol.

Couldn't resist throwing in Monty Python into the mix.

jameseonline

Just closed my Nationwide Regular Saver on internet banking, so easy to do, £2400 + £81.38 interest ☺️.

Best of all it's instantly closed

PowerSavingMode

jameseonline said:

Just closed my Nationwide Regular Saver on internet banking, so easy to do, £2400 + £81.38 interest ☺️.

Best of all it's instantly closed

[Nationwide Regular Saver]

Is that with the intention of renewing/refreshing it?

Speculator

jameseonline said:

Just closed my Nationwide Regular Saver on internet banking, so easy to do, £2400 + £81.38 interest ☺️.

Best of all it's instantly closed

Shame we have to wait overnight to open another one.

Seriously thinking about raiding my Nat West/RBS Regulars to fund our Monmouthshire 7% regulars. It has the added benefit of reducing my interest income for this tax year.

HHUK

Saffron Building Society App

Apologies if this has already been covered. I haven't been able to get into the Saffron app on my Android phone recently and have instead been greeted with this:   Oops ... We are unable to connect at the moment, please try again and if your problem persists, please contact us.

Today's update made no difference, so I called and was advised by the agent they have been aware of the issue for the last few days. Apparently, it is affecting all Android models. Their maintenance team is working on it and hope to resolve the matter soon. The website is working fine, for me anyway.

gt94sss2

HHUK said:

Saffron Building Society App

Today's update made no difference, so I called and was advised by the agent they have been aware of the issue for the last few days. Apparently, it is affecting all Android models. Their maintenance team is working on it and hope to resolve the matter soon. The website is working fine, for me anyway.

Odd, I just managed to login via the Android app which was updated today to v3.0.701089

jameseonline

Just closed my Skipton by app, £2000 + £43.99 interest, hopefully get that by end of day.

Had to get it transferred to my Skipton Easy Access then request it to be sent to a nominated account but job done 👍