The Top Regular Savers Discussion Thread

Bobblehat

Aidanmc said:

MHBS fixed term RS 30/11/25
Was looking at terms on wayback machine, says max balance 3k?
Mine already has 3500 + some interest already added?
Just wondering if we can make another deposit in November.

There was a debate I started about this back in December 24 .... it resulted in finding out that MHBS updated the limit to that particular RS because of the then new RS release. Thanks to qbadger

Regular Savings Accounts: The Best Currently Available List! - Page 1680 — MoneySavingExpert Forum

Edit : Scroll down a bit to qbadger's post to a link to the MHBS doc.

kaMelo

Aidanmc said:

MHBS fixed term RS 30/11/25
Was looking at terms on wayback machine, says max balance 3k?
Mine already has 3500 + some interest already added?
Just wondering if we can make another deposit in November.

If I remember correctly, they amended the terms to £3750 when it was pointed out to them it was possible to exceed £3000 due to the term length of the account.

SJMALBA

Yes, the MHBS Fixed Term Regular Saver (30.11.2025) has a Max. balance of £3750 (as confirmed in the 'Product Terms and Conditions').

Aidanmc

kaMelo said:

Aidanmc said:

MHBS fixed term RS 30/11/25
Was looking at terms on wayback machine, says max balance 3k?
Mine already has 3500 + some interest already added?
Just wondering if we can make another deposit in November.

If I remember correctly, they amended the terms to £3750 when it was pointed out to them it was possible to exceed £3000 due to the term length of the account.

I must have missed all that or just forgot. So we can deposit in November to bring balance to £3750 + whatever interest thats already there

subjecttocontract

Yes MHBS regular saver has a 15 month term.
I won't be renewing my reg saver with them at the end of November cos they are not currently offering one.

Bobblehat

subjecttocontract said:

Yes MHBS regular saver has a 15 month term.
I won't be renewing my reg saver with them at the end of November cos they are not currently offering one.

There are 3 on their website?

Snapdragon

Bobblehat said:

subjecttocontract said:

Yes MHBS regular saver has a 15 month term.
I won't be renewing my reg saver with them at the end of November cos they are not currently offering one.

There are 3 on their website?

The newer ones are branch only whereas last year we were able to open them without being near a branch, hence I also won't be able to renew this one.

Middle_Sister

Dugal said:

Chaykin said:

Scottish BS

Going to apply for their RS via post - got my printed & completed form, photocopy of driving licence, & cheque ready. Now just to decide whether to pay for a stamp or ask them to post me a pre-paid envelope.

For people saying to use a Freepost licence number/address - how do you do that? Any successes with that approach? According to the below from Royal Mail handwriting is not allowed since 30th of March 2015 unless business uses "Freepost NAME" service - and Scottish BS seems not to have that as they use a licence number? https://www.royalmail.com/sites/royalmail.com/files/2022-09/response-services-user-guide_september-2022.pdf

I sent off my form, copy of driving licence and cheque.  They have just been in touch asking for a copy of a bank statement of my nominated bank account, just emailed a copy.  Not sure if I misread the form or I have been selected for special treatment.

Same here.

Middle_Sister

Digital_Payback said:

Dugal said:

Chaykin said:

Scottish BS

Going to apply for their RS via post - got my printed & completed form, photocopy of driving licence, & cheque ready. Now just to decide whether to pay for a stamp or ask them to post me a pre-paid envelope.

For people saying to use a Freepost licence number/address - how do you do that? Any successes with that approach? According to the below from Royal Mail handwriting is not allowed since 30th of March 2015 unless business uses "Freepost NAME" service - and Scottish BS seems not to have that as they use a licence number? https://www.royalmail.com/sites/royalmail.com/files/2022-09/response-services-user-guide_september-2022.pdf

I sent off my form, copy of driving licence and cheque.  They have just been in touch asking for a copy of a bank statement of my nominated bank account, just emailed a copy.  Not sure if I misread the form or I have been selected for special treatment.

You are not being selected for special treatment. I got the same email. 

I had sent the application form with copy of my driving licence, and my cheque was written on the same nominated personal account, payable to myself.
The received email said they could not verify my account. Go figure!
I have now sent a downloaded PDF of my bank statement by email to the Scottish B.S. 
Not too hard to do. Hopefully that’ll allow the account to be opened. 

Same for me. 

soulsaver

Aidanmc said:

kaMelo said:

Aidanmc said:

MHBS fixed term RS 30/11/25
Was looking at terms on wayback machine, says max balance 3k?
Mine already has 3500 + some interest already added?
Just wondering if we can make another deposit in November.

If I remember correctly, they amended the terms to £3750 when it was pointed out to them it was possible to exceed £3000 due to the term length of the account.

I must have missed all that or just forgot. So we can deposit in November to bring balance to £3750 + whatever interest thats already there

Reminder: They have a £250 pm limit across 2 reg savers. I had 3 accounts shut down but judging by posts on here not everyone got enforced.