The Top Regular Savers Discussion Thread

Ch1ll1Phlakes

Slinky said:

When did ZOPA start offering regular savers? Mine matures in December, just wondering what might follow on from that date?

Also got a boosted saver pot with Chase at 4.3% which holds funds to fund my RS, which runs out at the end of October. Am I likely to be able to open another do you think?

Based on what I've read from the forum over the last while Zopa first offered a Regular Saver around the start of October 2024. Zopa's regular saver can be reopened as soon as the previous one has closed or matured so as long as they still offer theirs in December you should be fine to reopen one.

With regards the Chase boosted saver, a few forumites have reported getting boost offers while other report none so unlikely you'll immediately get one again in October.

Hope this helps and that everything I've said is correct. 

BestSeagull

where_are_we said:

Sorry - "The Quaker" - I do not get sentimental with passbooks. I have a number of passbook RS`s including this one and they only add to admin. At least Scottish BS do online so ,after initial postal baloney, their RS can be managed easily. Lets hope the Maturity process doesn`t require posting in the passbook.

I agree with you about passbooks. They are just clutter! I particularly dislike having to send one in at the end of the term so I asked Scottish BS that question and they said once it's opened it can be managed online, including withdrawal at maturity.

s71hj

BestSeagull said:

where_are_we said:

Sorry - "The Quaker" - I do not get sentimental with passbooks. I have a number of passbook RS`s including this one and they only add to admin. At least Scottish BS do online so ,after initial postal baloney, their RS can be managed easily. Lets hope the Maturity process doesn`t require posting in the passbook.

I agree with you about passbooks. They are just clutter! I particularly dislike having to send one in at the end of the term so I asked Scottish BS that question and they said once it's opened it can be managed online, including withdrawal at maturity.

I seem to recall one, I think it was Stafford Railway thar arrived with beautiful copper plate writing in it. 

Bridlington1

BestSeagull said:

where_are_we said:

Sorry - "The Quaker" - I do not get sentimental with passbooks. I have a number of passbook RS`s including this one and they only add to admin. At least Scottish BS do online so ,after initial postal baloney, their RS can be managed easily. Lets hope the Maturity process doesn`t require posting in the passbook.

I agree with you about passbooks. They are just clutter! I particularly dislike having to send one in at the end of the term so I asked Scottish BS that question and they said once it's opened it can be managed online, including withdrawal at maturity.

They've also said they're planning to launch the online version at some point late this week/early next week.

I'm still waiting for the application pack for the account to arrive so shall probably hold out till the online version emerges, if it gets pulled I can always send off a postal application the day it goes NLA and backdate everything so I don't lose out.

allegro120

Bridlington1 said:

BestSeagull said:

where_are_we said:

Sorry - "The Quaker" - I do not get sentimental with passbooks. I have a number of passbook RS`s including this one and they only add to admin. At least Scottish BS do online so ,after initial postal baloney, their RS can be managed easily. Lets hope the Maturity process doesn`t require posting in the passbook.

I agree with you about passbooks. They are just clutter! I particularly dislike having to send one in at the end of the term so I asked Scottish BS that question and they said once it's opened it can be managed online, including withdrawal at maturity.

They've also said they're planning to launch the online version at some point late this week/early next week.

I'm still waiting for the application pack for the account to arrive so shall probably hold out till the online version emerges, if it gets pulled I can always send off a postal application the day it goes NLA and backdate everything so I don't lose out.

Scottish BS
I've sent mine yesterday, didn't want to wait for something that might or might not happen.  Also there could be a chance that they will allow to have both (like MonBS recently did).  I'm not holding my breath, but you never now

orange-juice

10_66 said:

orange-juice said:

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.

If you're successful at closing this account please post here.  I rang to ask if this could be done earlier today but, unsurprisingly (as in KPI), they said no.

No luck, like yourself and others on here. Funnily enough I'm sure I managed to open this current rainy day saver (5.5% reduced from 6%), while I still had the older, 7% rainy day saver so maybe they've tightened up their systems since.

Bridlington1

allegro120 said:

Bridlington1 said:

BestSeagull said:

where_are_we said:

Sorry - "The Quaker" - I do not get sentimental with passbooks. I have a number of passbook RS`s including this one and they only add to admin. At least Scottish BS do online so ,after initial postal baloney, their RS can be managed easily. Lets hope the Maturity process doesn`t require posting in the passbook.

I agree with you about passbooks. They are just clutter! I particularly dislike having to send one in at the end of the term so I asked Scottish BS that question and they said once it's opened it can be managed online, including withdrawal at maturity.

They've also said they're planning to launch the online version at some point late this week/early next week.

I'm still waiting for the application pack for the account to arrive so shall probably hold out till the online version emerges, if it gets pulled I can always send off a postal application the day it goes NLA and backdate everything so I don't lose out.

Scottish BS
I've sent mine yesterday, didn't want to wait for something that might or might not happen.  Also there could be a chance that they will allow to have both (like MonBS recently did).  I'm not holding my breath, but you never now

The difference between MBS & Scottish BS though is that the MBS Ts&Cs didn't rule out holding both the branch version and the app version.

The Scottish BS RS includes this term though:


Scottish BS have also confirmed that the terms of the online version will be identical to the branch/post version barring the fact that it can't be opened in branch/post. Interest rate, max pay ins etc are to be identical to the branch/post account.

This would suggest to me that it'll be more like YBS's regular savers, where they offer a branch/post version and an online version with identical Ts&Cs, in which case holding one version excludes you from holding the other.

If given the choice I'd rather apply online a bit later in the month than apply by post earlier in the month so I'll hold on for the time being.

35har1old

happybagger said:

Fair play to Scottish BS, they called me to say I hadn't completed the nominated account details on the form. They said they'd take it off the cheque I had sent if that's what I wanted. Easy as that.

I went to the application form to check why I missed it - it's next to the section "how do you want interest paid", I ticked "add to this account" and thought (wrongly) that the boxes were for when interest was paid away.

Good on you SBS for not making more of it than necessary. 

Nominated account doesn't have a cheque book

s71hj

Bridlington1 said:

allegro120 said:

Bridlington1 said:

BestSeagull said:

where_are_we said:

Sorry - "The Quaker" - I do not get sentimental with passbooks. I have a number of passbook RS`s including this one and they only add to admin. At least Scottish BS do online so ,after initial postal baloney, their RS can be managed easily. Lets hope the Maturity process doesn`t require posting in the passbook.

I agree with you about passbooks. They are just clutter! I particularly dislike having to send one in at the end of the term so I asked Scottish BS that question and they said once it's opened it can be managed online, including withdrawal at maturity.

They've also said they're planning to launch the online version at some point late this week/early next week.

I'm still waiting for the application pack for the account to arrive so shall probably hold out till the online version emerges, if it gets pulled I can always send off a postal application the day it goes NLA and backdate everything so I don't lose out.

Scottish BS
I've sent mine yesterday, didn't want to wait for something that might or might not happen.  Also there could be a chance that they will allow to have both (like MonBS recently did).  I'm not holding my breath, but you never now

The difference between MBS & Scottish BS though is that the MBS Ts&Cs didn't rule out holding both the branch version and the app version.

The Scottish BS RS includes this term though:


Scottish BS have also confirmed that the terms of the online version will be identical to the branch/post version barring the fact that it can't be opened in branch/post. Interest rate, max pay ins etc are to be identical to the branch/post account.

This would suggest to me that it'll be more like YBS's regular savers, where they offer a branch/post version and an online version with identical Ts&Cs, in which case holding one version excludes you from holding the other.

If given the choice I'd rather apply online a bit later in the month than apply by post earlier in the month so I'll hold on for the time being.

Is that definitely how that sentence is to be understood. Could it not mean you can't hold 2 regular savers and similarly you can't hold 2 esavers. 

Kim_13

s71hj said:

Bridlington1 said:

allegro120 said:

Bridlington1 said:

BestSeagull said:

where_are_we said:

Sorry - "The Quaker" - I do not get sentimental with passbooks. I have a number of passbook RS`s including this one and they only add to admin. At least Scottish BS do online so ,after initial postal baloney, their RS can be managed easily. Lets hope the Maturity process doesn`t require posting in the passbook.

I agree with you about passbooks. They are just clutter! I particularly dislike having to send one in at the end of the term so I asked Scottish BS that question and they said once it's opened it can be managed online, including withdrawal at maturity.

They've also said they're planning to launch the online version at some point late this week/early next week.

I'm still waiting for the application pack for the account to arrive so shall probably hold out till the online version emerges, if it gets pulled I can always send off a postal application the day it goes NLA and backdate everything so I don't lose out.

Scottish BS
I've sent mine yesterday, didn't want to wait for something that might or might not happen.  Also there could be a chance that they will allow to have both (like MonBS recently did).  I'm not holding my breath, but you never now

The difference between MBS & Scottish BS though is that the MBS Ts&Cs didn't rule out holding both the branch version and the app version.

The Scottish BS RS includes this term though:


Scottish BS have also confirmed that the terms of the online version will be identical to the branch/post version barring the fact that it can't be opened in branch/post. Interest rate, max pay ins etc are to be identical to the branch/post account.

This would suggest to me that it'll be more like YBS's regular savers, where they offer a branch/post version and an online version with identical Ts&Cs, in which case holding one version excludes you from holding the other.

If given the choice I'd rather apply online a bit later in the month than apply by post earlier in the month so I'll hold on for the time being.

Is that definitely how that sentence is to be understood. Could it not mean you can't hold 2 regular savers and similarly you can't hold 2 esavers. 

If they meant that they would surely say ‘you can only hold one Regular Saver and e-Regular Saver…’