The Top Regular Savers Discussion Thread

Bob2000

s71hj said:

E_zroda said:

mon3ysav3r said:

s71hj said:

I've had a letter confirming my Principality RS 3 rollover to RS 4 even though I already have an RS 4. I did my request online on Sunday. Will do my wife's this coming Sunday in the hope that may be the reason it worked although I have to say my suspicion is more it's random chance. 

My online request for Principality RS 3 rollover to RS 4 was denied because I already have an RS 4, my previous attempt to rollover RS 2 to a RS 3 was also denied because I already had RS 3.

 Principality RS rollovers

It is a Dark Art with many posts here dedicated to mastering it....

I was wearing a green shirt when I did it and intend to again this Sunday. 

I always have my geat grandmother's  welsh bible near by and some Welsh cakes on hand before l attempt an online application regarding  6 months RS whatever issue!

clairec666

Bob2000 said:

Darlington regular saver 
Suffolk regular saver 

I've decided  not to fund these products except  for the opening  month.So can l leave them unfunded without any issues?

Darlington - "There is no minimum monthly investment and no penalty if you miss a monthly payment."
I'm unlikely to be able to fund mine every month

On another note - YBS £50 regular saver, maturing soon. I've dug out the T&Cs and it says the following:
What happens after one year?
Your £50 Regular eSaver will be transferred to an online easy access savings account. We’ll send you full details of this account at least 14 days before your £50 Regular eSaver ends.

Mine matures on the 13th, haven't received anything by email, and post round my way is notoriously slow. Anyone received anything yet, and can give an insight into which easy access account you'll get?

PowerSavingMode

Bob2000 said:

Darlington regular saver 
Suffolk regular saver 

I've decided  not to fund these products except  for the opening  month.So can l leave them unfunded without any issues?

In theory, yes, and so far, for me in any case, in actuality.

The Darlington RS is more definite, in that yes, you can: "There is no minimum monthly investment and no penalty if you miss a monthly payment." But, the minimum balance required to maintain this account is £1.

The Suffolk RS, on its product literature, states one ‘can’ fund from £10 pcm and, indeed, infers one MUST do so, but then it also states: “If you miss a monthly deposit, your account will remain open until maturity, and you can continue to save monthly.” 

Bridlington1

PowerSavingMode said:

Bob2000 said:

Darlington regular saver 
Suffolk regular saver 

I've decided  not to fund these products except  for the opening  month.So can l leave them unfunded without any issues?

The Suffolk RS, on its product literature, states one ‘can’ fund from £10 pcm and, indeed, infers one MUST do so, but then it also states: “If you miss a monthly deposit, your account will remain open until maturity, and you can continue to save monthly.” 

I opened a Suffolk BS RS last year with £10 to open the account and never funded it since, the account remains open and nobody from Suffolk BS have contacted me asking me to make another deposit. To be honest, I only opened the account for ``membership purposes".

My interpretation of the terms was that you can make a deposit of £10-£250/mth, not you must make a deposit of £10-£250/mth and that the terms allow you to miss payments.

allegro120

clairec666 said:

Bob2000 said:

Darlington regular saver 
Suffolk regular saver 

I've decided  not to fund these products except  for the opening  month.So can l leave them unfunded without any issues?

Darlington - "There is no minimum monthly investment and no penalty if you miss a monthly payment."
I'm unlikely to be able to fund mine every month

On another note - YBS £50 regular saver, maturing soon. I've dug out the T&Cs and it says the following:
What happens after one year?
Your £50 Regular eSaver will be transferred to an online easy access savings account. We’ll send you full details of this account at least 14 days before your £50 Regular eSaver ends.

Mine matures on the 13th, haven't received anything by email, and post round my way is notoriously slow. Anyone received anything yet, and can give an insight into which easy access account you'll get?

Mine matures on 9th.  I received the e-mail on 26th August:
"Thanks for saving with us - we hope you've been happy with your £50 Regular eSaver account.
We just wanted to let you know that your £50 Regular eSaver currently paying a variable^ interest rate of 8.00% Gross* p.a./AER** is maturing on 09-SEP-2025.
On 10-SEP-2025 we'll automatically transfer your savings to our Easy Access Saver Reward, in line with the terms and conditions of your account. This pays a variable^ interest rate, currently 4.05% Gross* p.a./AER** (correct as of today, but as a variable rate product this is subject to change)."

ForumUser7

PowerSavingMode said:

Bob2000 said:

Darlington regular saver 
Suffolk regular saver 

I've decided  not to fund these products except  for the opening  month.So can l leave them unfunded without any issues?

In theory, yes, and so far, for me in any case, in actuality.

The Darlington RS is more definite, in that yes, you can: "There is no minimum monthly investment and no penalty if you miss a monthly payment." But, the minimum balance required to maintain this account is £1.

The Suffolk RS, on its product literature, states one ‘can’ fund from £10 pcm and, indeed, infers one MUST do so, but then it also states: “If you miss a monthly deposit, your account will remain open until maturity, and you can continue to save monthly.” 

Bridlington1 said:

PowerSavingMode said:

Bob2000 said:

Darlington regular saver 
Suffolk regular saver 

I've decided  not to fund these products except  for the opening  month.So can l leave them unfunded without any issues?

The Suffolk RS, on its product literature, states one ‘can’ fund from £10 pcm and, indeed, infers one MUST do so, but then it also states: “If you miss a monthly deposit, your account will remain open until maturity, and you can continue to save monthly.” 

I opened a Suffolk BS RS last year with £10 to open the account and never funded it since, the account remains open and nobody from Suffolk BS have contacted me asking me to make another deposit. To be honest, I only opened the account for ``membership purposes".

My interpretation of the terms was that you can make a deposit of £10-£250/mth, not you must make a deposit of £10-£250/mth and that the terms allow you to miss payments.

Bob2000 said:

Darlington regular saver 
Suffolk regular saver 

I've decided  not to fund these products except  for the opening  month.So can l leave them unfunded without any issues?

IIRC the Suffolk RSs terms re required deposit vary depending on if it is the branch/post one, or the online one. Depends on the type and end date. For example the 31.12.2025 branch/post one says:

What happens if I miss a monthly deposit:

If you miss depositing into your account in any 2 calendar months, we will transfer the

balance to our instant access Everyday Saver account.

clairec666

allegro120 said:

clairec666 said:

Bob2000 said:

Darlington regular saver 
Suffolk regular saver 

I've decided  not to fund these products except  for the opening  month.So can l leave them unfunded without any issues?

Darlington - "There is no minimum monthly investment and no penalty if you miss a monthly payment."
I'm unlikely to be able to fund mine every month

On another note - YBS £50 regular saver, maturing soon. I've dug out the T&Cs and it says the following:
What happens after one year?
Your £50 Regular eSaver will be transferred to an online easy access savings account. We’ll send you full details of this account at least 14 days before your £50 Regular eSaver ends.

Mine matures on the 13th, haven't received anything by email, and post round my way is notoriously slow. Anyone received anything yet, and can give an insight into which easy access account you'll get?

Mine matures on 9th.  I received the e-mail on 26th August:
"Thanks for saving with us - we hope you've been happy with your £50 Regular eSaver account.
We just wanted to let you know that your £50 Regular eSaver currently paying a variable^ interest rate of 8.00% Gross* p.a./AER** is maturing on 09-SEP-2025.
On 10-SEP-2025 we'll automatically transfer your savings to our Easy Access Saver Reward, in line with the terms and conditions of your account. This pays a variable^ interest rate, currently 4.05% Gross* p.a./AER** (correct as of today, but as a variable rate product this is subject to change)."

Thanks for the info. Definitely no email received.
Hoping they come up with something good for savers week, though not expecting anything as high as 8% this year.

happybagger

allegro120 said:

On 10-SEP-2025 we'll automatically transfer your savings to our Easy Access Saver Reward, in line with the terms and conditions of your account. This pays a variable^ interest rate, currently 4.05% Gross* p.a./AER** (correct as of today, but as a variable rate product this is subject to change)."

Re: YBS
Just for completeness, this default account reduces to 3.95% on 2 October

Born2Save_3

MHBS Fixed Term Regular Savers Overfunding

They're enforcing the rules this month.  My second account £250 funding returned :

01/09/2025

Clrd Sav Rcpt

Standing Order xxxxxxxxxxx

£250.00

02/09/2025

Sav Return S/O

Standing Order Restricted

-£250.00

Credited to my current account today 3/9/25.

cheekyweegit

Think I might be throwing a spanner in the works, my Principality RS 3 matures 14.09.25 and online 14 days before as predicted I had the option of opening a RS4, having opened another RS 4 the after release thanks to the posts on here.

I've chosen to open another RS 4 and so far not been rejected (11 days and counting until maturity).

I got maturity letter in the post today but RS 4 is not an option.

The spanner ................... I've managed to get £1400 into it my account.   I was doing all the money moving manually on 01.09.25 and out of habit stuck £200 in there, realised what I'd done after seeing my maturity instructions and thought it would just be returned. 

It's not been so far so looks like you might be able to get a 7th payment in this depending on the date you open an account, but sure as of yet if interest will be paid on the extra £200.

If my money is returned I'll update but any over payments are usually pretty quick to be returned.  (I kept getting muddled up with two accounts and paying too much into one and too little into the other and got refunds next day into supplying account).