The Top Regular Savers Discussion Thread

Bridlington1

surreysaver said:

Bigwheels1111 said:

I like to try and open reg savers on the last day of the month if possible.
So that I can max out its potential, like with Monmouthshire £500 & £1000 reg savers.
Open 3 months and a day but have £2000 & £4000 in them.
So I should get max interest for almost 2 months at the end.
With principality I’m adding a seventh payment, as a few have commented that it gets accepted.
I funded 5 reg savers manually at 12.01 am today before I went to sleep.
I would like to say it was for a few extra pennies , but to be truthful I could not be bothered to set up the DD 
last month on 3 of them. Plus my principality Xmas saver changed to an issue 4 and opened a new Xmas saver.
By 12.15am they were all funded and DD were in place.
A grand total of 22 fully funded each reg savers now.
Takes £5600 to fund them all, one of two mature every month which helps with that.
My reserves are almost depleted now so I think my addiction must end for a while.

I previously opened mine towards the end of the month (and spaced them out so they mature at regular intervals), but have been caught out a couple of times when regular savers have been withdrawn and I've lost out.
These days I open them when they become available, but try to avoid opening to prevent them maturing on a Friday/Weekend, so save the issue of money sitting around on non-working days earning next to nothing 

I tend to grab accounts as soon as they become available but where the terms allow I typically refresh at the end of the month to push the maturity date on to the end of the month and allowing me to get the best of both worlds. I've done this with Principality BS many times for example.

I also tend to refresh where possible rather than making withdrawals as a way of unlocking funds, e.g. I refreshed both my Skipton RSs on Friday given that they were both close to my thresholds for funding and I needed the funds for other accounts.

flaneurs_lobster

mon3ysav3r said:

I use NatWest to make most of my Regular Saver payments. Yesterday on the 1st I made 15 payments ranging from 150 quid to 1200 to various banks and building societies, and I transferred 5 lots of money into the account from various other banks to pay for the above payments.

Because they were existing payees I did not have to use any form of multi-factor authentication (card reader or sms text message). From a convenience point of view that is a great and really quick to do as you just click the make another payment button, all the accounts are in my name.

I hadn't even thought that funding our regular savers could look suspicious, until now that is. 

I'm doing twice that number from RBS, never a peep about suspicious movements. It is, however, an account I've had for nigh-on forty years so that's probably a factor.

ThePirates

Bridlington1 said:

 I typically refresh at the end of the month to push the maturity date on to the end of the month and allowing me to get the best of both worlds. I've done this with Principality BS many times for example.

Can you refresh Principality when you have multiple versions of the same issue?

Aidanmc

ThePirates said:

Bridlington1 said:

 I typically refresh at the end of the month to push the maturity date on to the end of the month and allowing me to get the best of both worlds. I've done this with Principality BS many times for example.

Can you refresh Principality when you have multiple versions of the same issue?

I wouldn't think so

janusd

@Bridlington1

according to Moneyfacts, both Suffolk 1 Year Fixed Rate Regular Saver (30.11.2026) & Suffolk BS Online 1 Year Fixed Rate Regular Saver (30.11.2026) seem to have gone NLA (Suffolk site still showing them as I type - no doubt updated in the morning).

they are being replaced by Suffolk 1 Year Fixed Rate Regular Saver (31.01.2027) & Suffolk Online Fixed Rate Regular Saver (31.01.2027) - as best as I can tell, the terms are still the same as with the previous issues.

Born2Save_3

janusd said:

@Bridlington1

according to Moneyfacts, both Suffolk 1 Year Fixed Rate Regular Saver (30.11.2026) & Suffolk BS Online 1 Year Fixed Rate Regular Saver (30.11.2026) seem to have gone NLA (Suffolk site still showing them as I type - no doubt updated in the morning).

they are being replaced by Suffolk 1 Year Fixed Rate Regular Saver (31.01.2027) & Suffolk Online Fixed Rate Regular Saver (31.01.2027) - as best as I can tell, the terms are still the same as with the previous issues.

Thanks. Lets hope they are a 5% Fix and no changes to being able to have one of each issue of online account and post/branch account.  So that would add another £750 total per month at 5%.  I've just logged in and applications are currently not possible probably because maintenance is over running. Anyway, this is a good start to the month.

After my last SuffolkBS RS matured and I didn't provide maturity details, I'm going to open an easy access account with them as that allows faster payments out, so I've been advised, and internal transfers are done immediately or as near as.  This is to avoid the painfully slow BACS transfer out to nominated from a matured SuffolkBS RS.

moi

Born2Save_3 said:

janusd said:

@Bridlington1

according to Moneyfacts, both Suffolk 1 Year Fixed Rate Regular Saver (30.11.2026) & Suffolk BS Online 1 Year Fixed Rate Regular Saver (30.11.2026) seem to have gone NLA (Suffolk site still showing them as I type - no doubt updated in the morning).

they are being replaced by Suffolk 1 Year Fixed Rate Regular Saver (31.01.2027) & Suffolk Online Fixed Rate Regular Saver (31.01.2027) - as best as I can tell, the terms are still the same as with the previous issues.

....After my last SuffolkBS RS matured and I didn't provide maturity details, I'm going to open an easy access account with them as that allows faster payments out, so I've been advised, and internal transfers are done immediately or as near as.  This is to avoid the painfully slow BACS transfer out to nominated from a matured SuffolkBS RS.

I was thinking of doing that, but you can't transact online with Suffolk's basic easy access "Everyday Saver" account. Maybe it's possible to 'phone or message them 🤷‍♂️

francoghezzi

SUFFOLK 5% FIXED (January 2027)
It's on line now for applications by post and in branch

Edit: and on line version available now (9.30am)

Section62

moi said:

Born2Save_3 said:

janusd said:

@Bridlington1

according to Moneyfacts, both Suffolk 1 Year Fixed Rate Regular Saver (30.11.2026) & Suffolk BS Online 1 Year Fixed Rate Regular Saver (30.11.2026) seem to have gone NLA (Suffolk site still showing them as I type - no doubt updated in the morning).

they are being replaced by Suffolk 1 Year Fixed Rate Regular Saver (31.01.2027) & Suffolk Online Fixed Rate Regular Saver (31.01.2027) - as best as I can tell, the terms are still the same as with the previous issues.

....After my last SuffolkBS RS matured and I didn't provide maturity details, I'm going to open an easy access account with them as that allows faster payments out, so I've been advised, and internal transfers are done immediately or as near as.  This is to avoid the painfully slow BACS transfer out to nominated from a matured SuffolkBS RS.

I was thinking of doing that, but you can't transact online with Suffolk's basic easy access "Everyday Saver" account. Maybe it's possible to 'phone or message them 🤷‍♂️

I looked into this recently and asked in branch... currently they don't offer an easy access online account.  Apart from the RS account they only do notice accounts online, and because the notice accounts have an interest penalty (zero 'free' withdrawals allowed) there's no benefit from doing that.  A limited access account with a lower rate if you exceed 'x' withdrawals would be Ok for the purpose, but again Suffolk currently don't do an online one of those.

Branch advice was to visit a branch   or else get maturity instructions submitted in good time.

WillPS

Not sure if it's been mentioned - Nottingham BS have bumped their unexciting 4.75% regular saver to end 30/11/26:
https://www.thenottingham.com/savings/compare-savings-accounts/regular-saver