We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

The Top Regular Savers Discussion Thread

1…615616618620621…839

Comments

  • Bobblehat
    Bobblehat Posts: 989 Forumite
    Eighth Anniversary 500 Posts I've been Money Tipped! Name Dropper
    35har1old said:
    flaneurs_lobster said:
    happybagger said:

    Given that they gave notification of an incoming reduction of this account to 4.85% some time ago, it's disappointing the email doesn't say as such
    Disappointing? That's borderline misleading, and at best sly and underhand, not to mention that timetabled rate cut.

    And it's a poor rate regardless of the cut.
    As soon as you ask for more information the rate reduction is highlighted at the top of the page
    If you are implying that as being "open", then why don't YBS mention the rate cut in the email, either specifically, or even generally?
  • 35har1old
    35har1old Posts: 2,106 Forumite
    1,000 Posts Second Anniversary Name Dropper
    friolento said:
    Stargunner said:
    poshrule_uk said:
    My HSBC regular saver finishes today. Will it be quicker to get my funds if I message them today to close my account?
    My HSBC RS matured today Checking in the app this morning it has become a PREF REG SAVER paying 1.3% interest. The £115 interest had been added and I transferred all the funds to my HSBC Advance account and then withdrew them.
    I will use the online chat later today to close the account. 

    Mine has also turned into a PREF REG SAVER but I am unable to transfer anything out of this account
    What system where you using to view account ? Laptop or App

  • 35har1old
    35har1old Posts: 2,106 Forumite
    1,000 Posts Second Anniversary Name Dropper
    clairec666 said:
    Bridlington1 said:

    Monmouthshire BSRegular Saver Issue 4CUnlimited3.40%V£0£350
    Monmouthshire BSRegular Saver Issue 5CUnlimited3.40%V£0£350
    Monmouthshire BSRegular Saver Issue 6CUnlimited3.40%V£0£350
    Monmouthshire BSRegular Saver Issue 7CUnlimited3.40%V£0£350
    I'm noticing that these are far lower than Monmouthshire's current offering. Any idea whether they started at a decent rate and dropped off, or has the rate stayed fairly stable in line with the base rate? (Just trying to second guess what might happen with the current 6% and 7% accounts - although as both have unlimited withdrawals I can just pull the money out if they slash the rate too much.)
    One of the recent ones started up at 6% and matured at 4.9% 
    The recent ones sort of put a question mark as to why the reduction took place the reduction was beyond what the BOE had reduce the rate by 
  • happybagger
    happybagger Posts: 1,087 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Combo Breaker
    edited 10 September at 7:43PM
    Bridlington1 said:

    In addition they've announced the following cuts to their savings rates:
    ...
    AccountOld rateNew rateDate




    Suffolk BS Online 1 Year Variable Rate Regular Saver (30.09.2025) 4.75%4.60%01/10/2025


    Odd for them to say this account will reduce on 1/10, given that it matures the day before anyway
  • Bridlington1
    Bridlington1 Posts: 4,144 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    happybagger said:
    Bridlington1 said:

    In addition they've announced the following cuts to their savings rates:
    ...
    AccountOld rateNew rateDate




    Suffolk BS Online 1 Year Variable Rate Regular Saver (30.09.2025) 4.75%4.60%01/10/2025


    Odd for them to say this account will reduce on 1/10, given that it matures the day before anyway
    They haven't announced this account changing rate, apologies, I shall amend the offending post.
  • Money_Grabber13579
    Money_Grabber13579 Posts: 4,464 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    35har1old said:
    nomorekids said:
    topyam said:
    Just noticed Monmouthshire exclude Northern Ireland
    That's bad, discriminatory even, poor NI savers
    Ni saver holding 1 app regular and 2 6% regular savers
    Did you use an NI address for the application, or do you have access to a non-NI address? When I put in my NI address, they rejected it saying I wasn’t a UK resident before then deciding it was because it went against their policy of EWS only.
    Northern Ireland club member No 382 :j
  • jaypers
    jaypers Posts: 1,113 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    edited 11 September at 7:03AM
    My HSBC 7% RS matured today. Letter said a/c would disappear so I assumed same process as First Direct, but not so. Account now called Reg Saver-1 and interest rate is 1.3%. Interest of £113.87 was credited. Transferred to HSBC current a/c and paid out elsewhere. No fuss at all……fingers crossed HSBC do something for savings week. 
  • moi
    moi Posts: 1,039 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 11 September at 9:05AM
     Anyone with the branch/post Melton BS Regular Saver 5, is it possible to view the account online? (Like e.g. Stafford BS, with archaic passbooks, but activity can be checked online.)

    "sending us your passbook and written instructions to us. You can also transfer funds from your account to a nominated bank or building society account."

    TIA.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture