The Top Regular Savers Discussion Thread

ThePirates

Confirmed I can't open the 7% one because I have the crappy 5.5% one which I can't close until the term is up 😢

dibbles212

Anyone part-way through an Issue 3? What is your plan of action?

orange-juice

Progressive 7%

No joy for me as I have a rainy day saver 3 (5.5%) opened. Have requested closure and hopefully try again.

i only have a pound in my account.

Chaykin

happybagger said:

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.

Vernon BS - so I guess it's kinda similar to the Halifax RS in that respect. It would be more beneficial though to close it and immediately re-open again to get that extra month of fully funded interest, wouldn't it?

Gers

francoghezzi said:

PROGRESSIVE 7%
Regular Rainy Days Saver 4 is on line now for applications

Nine characters

dibbles212

Gers said:

francoghezzi said:

PROGRESSIVE 7%
Regular Rainy Days Saver 4 is on line now for applications

Nine characters

Their link is outdated, you need to change the 3 to a 4 at the end of the URL

35har1old

francoghezzi said:

PROGRESSIVE 7%
Regular Rainy Days Saver 4 is on line now for applications

Currently 2 accounts displaying page not found 1 of witch is Rainy day

Gers

Thanks @dibbles212

Only one Online Regular Rainy-Day Saver Account (any issue) can be held per person.

allegro120

dibbles212 said:

Anyone part-way through an Issue 3? What is your plan of action?

I can't really have plan of action for something that is not available. I'm sure some people will try to close issue 3 or apply for issue 4 testing if Progressive is enforcing these restrictions, so I'll just watch this thread for any news on this topic.

happybagger

dibbles212 said:

Anyone part-way through an Issue 3? What is your plan of action?

Wait until my Issue 3 matures in January and if it's still available then, open it. Whilst keeping an occasional eye out in case they change the rule.