The Top Regular Savers Discussion Thread

surreysaver

Snapdragon said:

surreysaver said:

Snapdragon said:

Halifax RS - Can anyone with experience of this situation, advise what will happen.....
Initially opened late in the month with manual payment, 2nd and remaining payments were made by S/O on the 1st of the month. Its now full (12*£25) = £3000) but doesn't mature until 25th Oct & S/O will try to put another £250 in on the 1st of October. Will they return the extra £250 as an overpayment or not be concerned?
Can I adjust S/O payment date in the app to skip a month to avoid the over-payment, if its likely they will return it?
Don't particularly want to cancel S/O as the RS account should auto roll-over into a new one on the 25th Oct presumably with same details, so I'd want the S/O to carry on paying on the 1st of month, rather than cancel and have to set up an identical one later. What have those who want it to roll over done? (Yes I know there are better rates elsewhere, but I have all those  ).

Just trying to keep effort involved to a minimum

The £250 on 1st October isn't an overpayment, as you can pay in £250 per calendar month 

Brilliant thanks, was assuming it was one of the RS's with a max value. That certainly makes life easier.

Just remember, that if you do let the account rollover, you won't be able to pay £250 in until 1st November if you do pay £250 in in October.
That's why it's better just to close the associated Easy Saver account, cancel the standing order, and open a new Regular Saver after the first one has closed.

Bridlington1

clairec666 said:

flaneurs_lobster said:

Hal17 said:

Clairec666 add a Pending Receipt cell to your spreadsheet. 

...or colour the cell, I use grey until the deposit is confirmed.

Done. Nice to see my balance restored to yesterday's levels (plus interest).

I spend far too much of my time on my spreadsheet

I'm a bit lazier with my spreadsheet than you are it seems so don't have that issue, mine's updated less frequently than yours. I certainly don't go checking account balances as frequently as that.

I just have a tab with a list of all my accounts on it in the form of a table, all that's on this list is account, interest rate, date interest is paid and balance. This list gets copied/pasted and updated once every few months or so (whenever I get round to it). I don't bother to include the interest rates for a lot of the accounts either, the ones that are opened with a minimal balance at a low interest rate don't have the rates updated.

I've then got another tab with all my regular savers listed, a new list is created monthly with Bank/building society, Name, Interest rate, Paid from, Balance prior to deposit, Day of Month it can be paid, Matures, Interest paid, Withdrawals/early closure, Min deposit and Max deposit columns.

For the regular savers tab I just highlight them red if they're not getting funded and are getting closed this month, put them in orange if they're getting minimal/no funding but are to be kept and then green the regular savers off when I fund them. I never bother to check if the funds have arrived unless it's the first time I'm paying them, so far as I'm concerned as soon as it's green it's done.

I've then another tab which contains a list of interest earned to date (updated whenever I update the first tab) and another tab with a list of my nominated accounts (updated as and when).

Most of my other records (e.g. interest rate cuts, Ts&Cs for regular savers etc) are kept on this forum so I don't bother to keep a separate record of them.

clairec666

Bridlington1 said:

clairec666 said:

flaneurs_lobster said:

Hal17 said:

Clairec666 add a Pending Receipt cell to your spreadsheet. 

...or colour the cell, I use grey until the deposit is confirmed.

Done. Nice to see my balance restored to yesterday's levels (plus interest).

I spend far too much of my time on my spreadsheet

I'm a bit lazier with my spreadsheet than you are it seems so don't have that issue, mine's updated less frequently than yours. I certainly don't go checking account balances as frequently as that.

I just have a tab with a list of all my accounts on it in the form of a table, all that's on this list is account, interest rate, date interest is paid and balance. This list gets copied/pasted and updated once every few months or so (whenever I get round to it). I don't bother to include the interest rates for a lot of the accounts either, the ones that are opened with a minimal balance at a low interest rate don't have the rates updated.

I've then got another tab with all my regular savers listed, a new list is created monthly with Bank/building society, Name, Interest rate, Paid from, Balance prior to deposit, Day of Month it can be paid, Matures, Interest paid, Withdrawals/early closure, Min deposit and Max deposit columns.

For the regular savers tab I just highlight them red if they're not getting funded and are getting closed this month, put them in orange if they're getting minimal/no funding but are to be kept and then green the regular savers off when I fund them. I never bother to check if the funds have arrived unless it's the first time I'm paying them, so far as I'm concerned as soon as it's green it's done.

I've then another tab which contains a list of interest earned to date (updated whenever I update the first tab) and another tab with a list of my nominated accounts (updated as and when).

Most of my other records (e.g. interest rate cuts, Ts&Cs for regular savers etc) are kept on this forum so I don't bother to keep a separate record of them.

Hah, I think I got a tad too excited because I had TWO regular savers maturing on the same day, and lots of funds to re-distribute.
Looking back at my records, at the start of 24 I only had 4 regular savers, and I thought that was a lot! Back then I didn't even realise you could ditch the standing orders and do everything manually. I was filling them all from my salary each month, whereas now I have a substantial regular saver fund that moves around between different accounts as each one matures. A lot has changed in 18 months - largely due to this forum!

Bridlington1

clairec666 said:

Bridlington1 said:

clairec666 said:

flaneurs_lobster said:

Hal17 said:

Clairec666 add a Pending Receipt cell to your spreadsheet. 

...or colour the cell, I use grey until the deposit is confirmed.

Done. Nice to see my balance restored to yesterday's levels (plus interest).

I spend far too much of my time on my spreadsheet

I'm a bit lazier with my spreadsheet than you are it seems so don't have that issue, mine's updated less frequently than yours. I certainly don't go checking account balances as frequently as that.

I just have a tab with a list of all my accounts on it in the form of a table, all that's on this list is account, interest rate, date interest is paid and balance. This list gets copied/pasted and updated once every few months or so (whenever I get round to it). I don't bother to include the interest rates for a lot of the accounts either, the ones that are opened with a minimal balance at a low interest rate don't have the rates updated.

I've then got another tab with all my regular savers listed, a new list is created monthly with Bank/building society, Name, Interest rate, Paid from, Balance prior to deposit, Day of Month it can be paid, Matures, Interest paid, Withdrawals/early closure, Min deposit and Max deposit columns.

For the regular savers tab I just highlight them red if they're not getting funded and are getting closed this month, put them in orange if they're getting minimal/no funding but are to be kept and then green the regular savers off when I fund them. I never bother to check if the funds have arrived unless it's the first time I'm paying them, so far as I'm concerned as soon as it's green it's done.

I've then another tab which contains a list of interest earned to date (updated whenever I update the first tab) and another tab with a list of my nominated accounts (updated as and when).

Most of my other records (e.g. interest rate cuts, Ts&Cs for regular savers etc) are kept on this forum so I don't bother to keep a separate record of them.

Hah, I think I got a tad too excited because I had TWO regular savers maturing on the same day, and lots of funds to re-distribute.
Looking back at my records, at the start of 24 I only had 4 regular savers, and I thought that was a lot! Back then I didn't even realise you could ditch the standing orders and do everything manually. I was filling them all from my salary each month, whereas now I have a substantial regular saver fund that moves around between different accounts as each one matures. A lot has changed in 18 months - largely due to this forum!

I'm also a relative newcomer to the world of regular savers compared to many on this forum, I only had 3 regular savers at the start of 2022, doubled to 6 by the time I joined this forum then sort of bred a bit from there, reaching 25 by the end of 2022, 42 by the end of 2023 and topped 60 at one point this year.

2022-3 was more exciting though, all those variable rates and they could all increase without notice at any time.

clairec666

Bridlington1 said:

clairec666 said:

Bridlington1 said:

clairec666 said:

flaneurs_lobster said:

Hal17 said:

Clairec666 add a Pending Receipt cell to your spreadsheet. 

...or colour the cell, I use grey until the deposit is confirmed.

Done. Nice to see my balance restored to yesterday's levels (plus interest).

I spend far too much of my time on my spreadsheet

I'm a bit lazier with my spreadsheet than you are it seems so don't have that issue, mine's updated less frequently than yours. I certainly don't go checking account balances as frequently as that.

I just have a tab with a list of all my accounts on it in the form of a table, all that's on this list is account, interest rate, date interest is paid and balance. This list gets copied/pasted and updated once every few months or so (whenever I get round to it). I don't bother to include the interest rates for a lot of the accounts either, the ones that are opened with a minimal balance at a low interest rate don't have the rates updated.

I've then got another tab with all my regular savers listed, a new list is created monthly with Bank/building society, Name, Interest rate, Paid from, Balance prior to deposit, Day of Month it can be paid, Matures, Interest paid, Withdrawals/early closure, Min deposit and Max deposit columns.

For the regular savers tab I just highlight them red if they're not getting funded and are getting closed this month, put them in orange if they're getting minimal/no funding but are to be kept and then green the regular savers off when I fund them. I never bother to check if the funds have arrived unless it's the first time I'm paying them, so far as I'm concerned as soon as it's green it's done.

I've then another tab which contains a list of interest earned to date (updated whenever I update the first tab) and another tab with a list of my nominated accounts (updated as and when).

Most of my other records (e.g. interest rate cuts, Ts&Cs for regular savers etc) are kept on this forum so I don't bother to keep a separate record of them.

Hah, I think I got a tad too excited because I had TWO regular savers maturing on the same day, and lots of funds to re-distribute.
Looking back at my records, at the start of 24 I only had 4 regular savers, and I thought that was a lot! Back then I didn't even realise you could ditch the standing orders and do everything manually. I was filling them all from my salary each month, whereas now I have a substantial regular saver fund that moves around between different accounts as each one matures. A lot has changed in 18 months - largely due to this forum!

I'm also a relative newcomer to the world of regular savers compared to many on this forum, I only had 3 regular savers at the start of 2022, doubled to 6 by the time I joined this forum then sort of bred a bit from there, reaching 25 by the end of 2022, 42 by the end of 2023 and topped 60 at one point this year.

2022-3 was more exciting though, all those variable rates and they could all increase without notice at any time.

Wow - you've become quite the expert in a short space of time.
Not sure I've got the capacity for 60 regular savers, I reckon 18 is enough for now... mind you I said that when I had 15, before Monmouthshire shook things up

ForumUser7

Suffolk BS

How does maturity for the online regular savers normally work please? Is there an option to give preferences in advance that mean it is closed and funds sent to the NBA like principality etc.? Thanks

Dizzycap

RosieRooBear said:

Monmouthshire R/S 8
Finally managed to get access to husband’s app by using daughter’s mobile number. Noticed that he has two R/S’s Issue 8 although currently only one funded. Has anyone else who ended up with two issue 8’s opened funded both and not had their payments returned?

Yes!................. 

Bridlington1

The recent additions section on P1 of this thread has had its oldest entries removed. The following accounts were added between 15/8/25 and 31/8/25:

Coventry BS Regular Saver (6) at 4.15%~~~ Re-added 31/8/25
Coventry BS Young Saver at 4.25% ~~~ Re-added 31/8/25
Principality BS 6 Month Regular Saver (Issue 4) at 7.5% ~~~ Launched 28/8/25
Monmouthshire BS Branch Exclusive Regular Saver - Issue 1 at 7% ~~~ Launched 21/8/25
Monmouthshire BS App Exclusive Regular Saver - Issue 1 at 7% ~~~ Launched 21/8/25

Aidanmc

Re Furness Christmas RS, i can make 1 withdrawal AND close if necessary during the term?
I don't use the digital part of this account, can withdrawals/closure be made by phone?

Bridlington1

Aidanmc said:

Re Furness Christmas RS, i can make 1 withdrawal AND close if necessary during the term?

Yes you can.

Aidanmc said:

I don't use the digital part of this account, can withdrawals/closure be made by phone?

Withdrawals can, I'm not sure about closure though, when I tried closing the RS Issue 5 over the phone a couple of years back they said I'd need to send the passbook in, but you can definitely close online.