The Top Regular Savers Discussion Thread

UKX69

SCC2 said:

Sent monthly payment to Monmouth on 30th Sept, rather than 1st Oct. Anyone know if they bounce back automatically as I’d already reached the Sept limit? It hasn’t been credited but just wondered if anyone has experience before I contact them. 

I genuinely over subscribed to Monmouth last month and the payment came back a day or so later. No message telling me I’d overpaid though.

Stargunner

I applied for the Scottish BS RS this morning by email.
Just had an email from them advising that the account is now open and ready to be funded. They have asked me to post them a cheque. I have emailed them back advising that I don’t have a cheque book, and  have asked if I can do a bank transfer from my nominated bank .

Kim_13

Stargunner said:

I applied for the Scottish BS RS this morning by email.
Just had an email from them advising that the account is now open and ready to be funded. They have asked me to post them a cheque. I have emailed them back advising that I don’t have a cheque book, and  have asked if I can do a bank transfer from my nominated bank .

Thanks, please let us know what they say. If it's necessary to post a cheque then there's little point to an emailed application, as it doesn't save the postage.

chris_the_bee

Kim_13 said:

Stargunner said:

I applied for the Scottish BS RS this morning by email.
Just had an email from them advising that the account is now open and ready to be funded. They have asked me to post them a cheque. I have emailed them back advising that I don’t have a cheque book, and  have asked if I can do a bank transfer from my nominated bank .

Thanks, please let us know what they say. If it's necessary to post a cheque then there's little point to an emailed application, as it doesn't save the postage.

Scottish BS RS
I phoned earlier for confirmation that I could make 1st payment by bank transfer and CS said yes. I normally write at top of form "To be paid by bank transfer once account is open."

OrangeBlueGreen

Scottish BS email applications

Just in case it helps someone, software such as PDF gear allows you to insert a picture/scan of your signature onto PDFs.

mhoc

Could grief what is the matter with me
My standing order for Newcastle bounced back this afternoon and I assumed it must be a 1st of the month quirk (no idea where that theory came from) so I sent off £200 again. 
Then I logged in and realised this is the anniversary month so it bounced because it had reached its full £2400 so the 2nd payment will also bounce back as well!

No maturity instructions as yet but still slightly early - will they arrive by email or letter and will I be able to give instructions via the account online?

Last year I didnt manage to get OH a Newcastle regular saver last October, ID issues so prior to my Newcastle maturing I might have another attempt. Yes its only 5.25% and variable but it will be somewhere to put funds from the accounts that will be culled this month - Leek, Stafford, at least one Coventry ....

granta

Suffolk Building Society - Regular saver ending Sept 2025

This has matured into a holding account but I can't see how to withdraw the funds online. Any ideas?

BestSeagull

granta said:

Suffolk Building Society - Regular saver ending Sept 2025

This has matured into a holding account but I can't see how to withdraw the funds online. Any ideas?

I'm sorry. It's bad news, I'm in this situation too. Apparently if we had given maturity instructions prior to the account maturing (I was told a letter was sent and also possible to do online within 14 days prior to closure) then the funds would have arrived into the nominated account by close of business today.

As it stands, the only way to get the money out is to make a request by secure message, which will take up to two business days for a response, then wait 3 more business days while they do a BACS transfer. All the while it's earning less than 2%. Horrifying! I've made a note for my other accounts to stay on top of future maturity instructions!

Bridlington1

A few updates:

Leeds BS Regular Saver (Issue 68) at 4.7% NLA, replaced by issue 69 at the same rate but a new maturity date of 4/10/27
Chorley BS Regular Saver (31.08.2026) and Regional 2 Year Flexible Saver (31.08.2027) at 5.15% NLA, replaced by Regular Saver (30.09.2026) and Regional 2 Year Flexible Saver (30.09.2027) respectively at the same rate

I am aware of the launch of the Scottish BS Regular Saver at 6.5% and the Virgin Money Regular Saver Exclusive Issue 4 at 6.5%.

Also of note which I can't seem to see mentioned is that Nottingham BS Branch Regular Saver Issue 4 and Online RS Issue 1 at 4.75% are NLA, replaced by their Branch RS Issue 5 and Online RS Issue 2 at the same rate but with a new maturity date of 30/11/26. There's nothing in the Ts&Cs that I can see preventing you from having one of each issue.

I shall add the above to page 1 of this thread shortly. Apologies for not adding these sooner, I've not really stopped today with it being 1st of the month so lots of regular savers to feed and it being a working day.

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

Account	Old rate	New rate	Date
YBS Christmas 2025 Regular Saver/eSaver	4.80%	NO CHANGE	02/10/2025
YBS First Home Saver/eSaver	4.70%	NO CHANGE	02/10/2025
YBS Loyalty Regular Saver/eSaver	5.05%	4.85%	02/10/2025
YBS Regular Saver/eSaver	4.45%	4.25%	02/10/2025
YBS 50 Pound Regular Saver/eSaver	6.00%	NO CHANGE	02/10/2025

Stargunner

Kim_13 said:

Stargunner said:

I applied for the Scottish BS RS this morning by email.
Just had an email from them advising that the account is now open and ready to be funded. They have asked me to post them a cheque. I have emailed them back advising that I don’t have a cheque book, and  have asked if I can do a bank transfer from my nominated bank .

Thanks, please let us know what they say. If it's necessary to post a cheque then there's little point to an emailed application, as it doesn't save the postage.

Just had the following email response from them 

Regrettably, for postal applications, the initial payment must be made by personal cheque drawn from a UK Bank or Building Society account in your name. This requirement is stated at the bottom of our application form.

Please confirm whether you are able to provide a cheque from an account held in your name. Unfortunately, if this is not possible, we will be unable to proceed with your application.