The Top Regular Savers Discussion Thread

s71hj

TSB monthly saver
Am I right that I can withdraw funds from this with no interest or other penalty. The rate is no longer as competitive at 6% and I need the funds for other regular savers.

nomorekids

s71hj said:

TSB monthly saver
Am I right that I can withdraw funds from this with no interest or other penalty. The rate is no longer as competitive at 6% and I need the funds for other regular savers.

yes thats fine, I have this morning too raided our TSB reg savers to fund higher rates 

jaypers

s71hj said:

TSB monthly saver
Am I right that I can withdraw funds from this with no interest or other penalty. The rate is no longer as competitive at 6% and I need the funds for other regular savers.

You do know it’s fixed don’t you, so if you took it out as 6% it will remain 6% until maturity? Only new accounts are 5%

flaneurs_lobster

Scottish BS

Hattie627 said:

It's been years since Scottish BS offered a decent RS rate. Wonder if it's fixed?

Variable - details now on their website.

GetRichOrDieSaving

Just a reminder that the extra interest payment from the original 10% Virgin RS has now been paid into the Everyday Saver paying a measly 1.74% gross. So don’t forget to withdraw this if you haven’t already done so or closed your RS early to receive the extra interest.

badger09

mhoc said:

Confused_Dog said:

schiff said:

West Brom RS 7 maturity details received today. No decent replacement RS, just a RS account at 2.35%. Disappointing.

The West Brom have made their Fixed Rate Regular Saver one that only can be opened in branch, rather than online, seems to be a bit of a backward step to me.  https://www.westbrom.co.uk/savings/regular-savers/fixed-rate-regular-saver-issue-7

Rate currently 6% and their branches are in the Birmingham and Black Country area, but they've not had one in Birmingham City Centre for a while.

Looks like a day trip to Shrewsbury - does anyone think that they might want an appointment made??? Might give them a ring 

Can’t comment on the need for appointment, but if you do go, I can recommend The Old Market Hall Cafe for a coffee (and cake if that’s your thing)

Disclaimer: Other cafes are available 

Hattie627

Newcastle BS RS

I sent £200 by SO this am. Not showing on the account yet, payments normally appear quickly. This was the 13th payment (no max account balance specified in t and c's). Payment not returned (so far). Anyone else having this issue?

chris_the_bee

Hattie627 said:

Newcastle BS RS

I sent £200 by SO this am. Not showing on the account yet, payments normally appear quickly. This was the 13th payment (no max account balance specified in t and c's). Payment not returned (so far). Anyone else having this issue?

Newcastle BS RS
Per their T's&C's in the Summary Box:-
Minimum Opening Deposit: £1 Minimum Monthly Deposit: £0 Minimum Account Balance: £1 Maximum Opening Deposit: £200 Maximum Monthly Deposit: £200 Maximum Account Balance: £2,400 (excluding resulting interest)

Kim_13

Scottish BS RS now online, variable rate: https://www.scottishbs.co.uk/savings/savings-face-to-face-or-by-post/regular-saver/

The application form mentioned is the form, but the product listing on their website makes no mention of applying by email.

The signature must be handwritten and postal applications must include a cheque.

clairec666

Scottish Building Society - new 6.5% regular saver

Only showing as a "face to face or by post" account, although once opened it can be managed online.

However, buried deep in the product information, it says "you can only hold one Regular Saver or e-Regular Saver in your name (sole or joint) at any one time". Not sure if this is an indication that they will offer an e-Saver too, or whether this is a copy-paste job from previous issues.

Would be nice to have an online version, otherwise I'll have to dig out my cheque book.