The Top Regular Savers Discussion Thread

clairec666

flaneurs_lobster said:

Kim_13 said:

Progressive tomorrow, hopefully the authenticator isn’t too bad as I don’t have WhatsApp. Does the authenticator need to be downloaded from an App Store or it just pops up in the browser?

Do you already have an authenticator app in use for other login(s)? You can use the same one or, if not, download one from your App Store. Google and Microsoft have commonly used apps but there are others. Most people have an Authenticator on their mobile device but they are available for Windows, Ente Auth is one I've used.

Is the authenticator only necessary if you don't want to use Whatsapp?

masonic

clairec666 said:

flaneurs_lobster said:

Kim_13 said:

Progressive tomorrow, hopefully the authenticator isn’t too bad as I don’t have WhatsApp. Does the authenticator need to be downloaded from an App Store or it just pops up in the browser?

Do you already have an authenticator app in use for other login(s)? You can use the same one or, if not, download one from your App Store. Google and Microsoft have commonly used apps but there are others. Most people have an Authenticator on their mobile device but they are available for Windows, Ente Auth is one I've used.

Is the authenticator only necessary if you don't want to use Whatsapp?

You can choose either, you don't need both.

BestSeagull

clairec666 said:

flaneurs_lobster said:

Kim_13 said:

Progressive tomorrow, hopefully the authenticator isn’t too bad as I don’t have WhatsApp. Does the authenticator need to be downloaded from an App Store or it just pops up in the browser?

Do you already have an authenticator app in use for other login(s)? You can use the same one or, if not, download one from your App Store. Google and Microsoft have commonly used apps but there are others. Most people have an Authenticator on their mobile device but they are available for Windows, Ente Auth is one I've used.

Is the authenticator only necessary if you don't want to use Whatsapp?

Email is also an option of you don't want to use WhatsApp or the authenticator.

Chaykin

Vernon BS RS:

Opened this account last year - on 02/10/2024 - and was expecting it to mature on 02/10/2025 but was pleasantly surprised that it won't actually mature until 31/10/2025 as the T&Cs state "Interest is calculated daily and added to your account annually at the end of the month the account was opened." I guess this makes it an outlier compared to other RSs as it's beneficial to open this account at the beginning of the month rather than towards the end.

Principality BS Christmas 2025 Regular Saver:

I fund my RSs manually - went a bit trigger happy and sent a 13th payment to this account last Wednesday (01/10/2025) and even though T&Cs state "If your bond reaches £1,500, you cannot pay any more money in." it was credited no problem and now my balance is £1,625.00. As I haven't tried this before it made me think about other peoples' experiences with Principality accepting 7th/13th payments into their RSs?

happybagger

Chaykin said:

Vernon BS RS:

Opened this account last year - on 02/10/2024 - and was expecting it to mature on 02/10/2025 but was pleasantly surprised that it won't actually mature until 31/10/2025 as the T&Cs state "Interest is calculated daily and added to your account annually at the end of the month the account was opened." 

Yes, mine ended on Sept 30th. In case you didn't know, the balance, excluding £1, transfers over to the Easy Access account that the opened at the same time, and the monthly payments can continue as it's open ended Remember to withdraw from the Easy Access account as it only pays 2%. The EA account doesn't need to be held above £100.

allegro120

happybagger said:

granta said:

Scottish Building Society

When I called on Friday to request a paper form, I was told that they are hoping to make the regular saver available to open online in a few weeks. I'm not planning to wait until but some people might prefer to.

I guessed as much from the wording used on their website.
It's also possible, if/when they do an online version, that they will allow both to be opened.

That's a very good point.  I'm expecting the form and SAE to arrive in the next couple of days and was going to proceed with postal anyway (printout of my passport is already waiting , Chaykin said:

Vernon BS RS:

Opened this account last year - on 02/10/2024 - and was expecting it to mature on 02/10/2025 but was pleasantly surprised that it won't actually mature until 31/10/2025 as the T&Cs state "Interest is calculated daily and added to your account annually at the end of the month the account was opened." I guess this makes it an outlier compared to other RSs as it's beneficial to open this account at the beginning of the month rather than towards the end.

Principality BS Christmas 2025 Regular Saver:

I fund my RSs manually - went a bit trigger happy and sent a 13th payment to this account last Wednesday (01/10/2025) and even though T&Cs state "If your bond reaches £1,500, you cannot pay any more money in." it was credited no problem and now my balance is £1,625.00. As I haven't tried this before it made me think about other peoples' experiences with Principality accepting 7th/13th payments into their RSs?

Principality
I've done it once with 6m issue 1.  It was unintentional, I simply forgot that there is maximum balance on this account.  The deposit was credited and the interest was paid as expected, but I didn't try this again.

Dizzycap

Slinky said:

Slightly off topic, we tried opening a NatWest ISA for OH yesterday, which although it has issued an account number, hasn't appeared on his account list. Annoyingly I transferred £5K to our joint account yesterday in anticipation of moving it into the ISA. He has a Regular Saver with them which I previously emptied as he's nearing his £500 PSA, so I've just moved the £5K into the RS to see what would happen, and it's accepted the transfer. Will they bounce this back to the joint account I wonder or leave it?

It depends when you emptied the NWest RS? I know that you can withdraw funds and replace them within the same month, but not sure about withdrawing and replacing in different months? The Natwest RS may appear to have accept the 5k transfer back and I hope it does; please let us folks on MSE know if it does,but if not; it will eventually after a few days, bounce back into the joint account.

From experience of an accidental over payment of £150 into my NW RS, it took 6 days for the overpayment to be returned to my NWest current account. 

35har1old

35har1old said:

mhoc said:

francoghezzi said:

clairec666 said:

Progressive - never had an account with them before, so appreciate others sharing their experiences. 7% is worth snapping up, I don't mind accounts which are a bit slow or quirky for that rate.

Opened an easy saver account with them today to make my life easier on Monday and be already a member. It took 5 minutes, 1 pound sent with my Visa Debit and immediately on the account on line. Nominated account registered also in no time. Easy, simple, immediate. 

I am on the Progressive page but I cant get onto online accounts - maybe they are already on the weekend shutdown

Likely due to new account launch on Monday online application not being available preventing applications to the current issue

Update online back on still showing issue 3 so that wasn't the reason for outage 

PowerSavingMode

35har1old said:

35har1old said:

mhoc said:

francoghezzi said:

clairec666 said:

Progressive - never had an account with them before, so appreciate others sharing their experiences. 7% is worth snapping up, I don't mind accounts which are a bit slow or quirky for that rate.

Opened an easy saver account with them today to make my life easier on Monday and be already a member. It took 5 minutes, 1 pound sent with my Visa Debit and immediately on the account on line. Nominated account registered also in no time. Easy, simple, immediate. 

I am on the Progressive page but I cant get onto online accounts - maybe they are already on the weekend shutdown

Likely due to new account launch on Monday online application not being available preventing applications to the current issue

Update online back on still showing issue 3 so that wasn't the reason for outage 

Progressive 

You beat me to it. Although, since coming back here, the website is "currently unavailable due to scheduled maintenance" maintenance!

Bridlington1

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

Account	Old rate	New rate	Date
Cumberland BS Cumberland Regular Saver	4.75%	4.50%	07/10/2025
Cumberland BS First Home Saver – Issue 1	4.00%	NO CHANGE	07/10/2025
Cumberland BS First Home Saver – Issue 2	4.00%	NO CHANGE	07/10/2025