The Top Regular Savers Discussion Thread

Aidanmc

s71hj said:

Re Skipton members RS. As this is 12 months I assume if I funded yesterday I can make 11 more payments ie if I do 1/9 as next one then another 10? 

Yes, you can do that

Bridlington1

Just a reminder the following interest rate cuts come into effect tomorrow:

Account	Old rate	New rate	Date
HRBS Regular Saver 30 Day Notice	4.25%	4.00%	29/08/2025
HRBS Regular Saver 30 Day Notice Issue 2	4.35%	4.10%	29/08/2025

Bob2000

Just some opinions, please.
I currently  have three issue 3's of the principality: 6-month regular savers, which all mature over the next three months.
My plan was to transfer all the funds over to my online bonus triple access (issue 7) and then let it sit until it matures. But with the issue 4 6 month RS being released, l'm not so sure now.

My reasons is later in the year/next year use the funds to fund the Monmouthshire app exclusive 7%

allegro120

Slinky said:

schiff said:

Slinky said:

CuparLad said:

Kim_13 said:

flaneurs_lobster said:

gambleruk said:

This is probably me being simple but with both Principality and Monmouthshire I have set up two different regular savers but when I try to fund the second one through my Natwest account it refers back to my first account as it is in my saved payee's and tells me I have to delete the first one to fund the second one ? Is there a way to have both set up with the different reference numbers ?

With NatWest/RBS - no.

Do you have another current account you can use (if not, why not)?

I use FirstDirect and Chase to fund these multiple same account/different reference savers, I'm sure other accounts allow it too.

Nationwide is the best of them, as they are set up as entirely different payees with the nickname field allowing for easy differentiation between them.

I just wish they allowed the payees to be sorted and displayed by nickname rather than payee name. I've now got a long list of accounts in my name since they enforced COP and I'm convinced one day I'll pick the wrong one by mistake.

I've just spent some time going through my spreadsheet adding the Santander mandate number in a column in an attempt to bring some order to my records.

I use the last four digits of my account number on my spreadsheet. Never considered anything else.

Having a record of the mandate number on the spreadsheet means I now don't have to look at the payee details on the bank record to know which of the many accounts in my name the SO record belongs to. The account number is also recorded on the spreadsheet.

I have 15 columns for Cahoot (column for each account), each column has a list of mandate numbers with nicknames of payees.  I use Cahoot for most RS distributions so I would've been lost without these columns

veggieblob

schiff said:

Hattie627 said:

WillPS said:

2 x MonBS Branch Saver applications submitted, in hope. Popped a first class label on in an attempt to get ahead of the masses of Freepost envelopes winging their way to Newport...

Trying to print a copy of the application form via the one link that has been posted so far is beyond my technical capabilities. Do you have a normal straightforward link? I'm not too bothered about getting a first deposit in this month. TIA

Does this work? https://www.monbs.com/media/1478/savings-application-form-savapp-04_19_1.pdf

jameseonline

Bob2000 said:

Just some opinions, please.
I currently  have three issue 3's of the principality: 6-month regular savers, which all mature over the next three months.
My plan was to transfer all the funds over to my online bonus triple access (issue 7) and then let it sit until it matures. But with the issue 4 6 month RS being released, l'm not so sure now.

My reasons is later in the year/next year use the funds to fund the Monmouthshire app exclusive 7%

Not sure tbh, all depends on various things like are Principality going to keep letting us convert maturing 6 months into new versions?, is Monmouthshire going to stay at 7%/6%?, are Monmouthshire or Principality likely to axe the accounts?

My plan is to gradually move pretty much everything into Monmouthshire at 7%, but that rate could go down at any point, at least it seems you can take money out at any point though.

I'm lucky in the fact I've got a few regular savers maturing over the next few months + some I can gradually empty + some I can just close to free up funds.

flaneurs_lobster

Bob2000 said:

Just some opinions, please.
I currently  have three issue 3's of the principality: 6-month regular savers, which all mature over the next three months.
My plan was to transfer all the funds over to my online bonus triple access (issue 7) and then let it sit until it matures. But with the issue 4 6 month RS being released, l'm not so sure now.

My reasons is later in the year/next year use the funds to fund the Monmouthshire app exclusive 7%

My rule of thumb is easy, hold your funds where they are making the highest return possible.

Thus the PrinBS RS issue 4 pays 7.5% and will hopefully be available as a maturity option for the issue 3s, more than the other options you quote.

masonic

s71hj said:

Monmouthshire building society app closed for maintenance again. Have they opened another amazing product we've all missed that has led to overload again!! 

Back online again now. My opening deposit made yesterday is showing as credited. I can now close down the app for the foreseeable.

roked

I popped into my local monmouthshire building society branch this afternoon expecting to queue's of people there trying to open up the new RS. There was no-one and I asked the guy there if many people had been in to open one and he said I was the first and he had been there all week 

They clearly need to employ people like @Bridlington1 (thank you again for your amazing efforts here!) to get their local marketing sorted 

Anyway I was happy in that I was done and dusted in 10 mins. It only took that long, as he was reading the T&Cs of the account and checking if I could have more than one of the RS (vs online version) and he commented on the conflicting info lol. He opened it though and I did not even have to give a deposit, he was good with me bank transferring it myself later.

Aidanmc

I can't join in the Monmouthshire party....NI residents excluded!
Can't think of any other bank/bs that has such an outright exclusion.