The Top Regular Savers Discussion Thread

clairec666

alfred64 said:

Hanley Economic Building Society - NoReply Mailbox <noreply@thehanley.co.uk>

11/5/2025 12:42:38 AM
Your new account is open, however we have noticed that you have yet to deposit any funds into the account.

Well, I funded via FP on the 1st, so someone's playing with it because it  hasn't been returned.

 I've just sent email  -  savingsteam@thehanley.co.uk
 Confirmed. They have received my email.
                                                                                      

Don't worry - I got the same email last week, a couple of days after I'd already funded it. Couldn't check my account for a few days because my online login details took an age to arrive by snail mail, but once there it turns out the funds had safely landed.

TheQuaker

My payment to Newcastle Monument was bounced again and not becauseI hadn'tused the nominated account. This time, I'd used the account number supplied by them in an email as my reference (all numbers). However after logging in I can see my account number is different with alphabetical characters either side of another number. Not sure why my first payment was accepted then!!! Worrying 

masonic

nigelholl2 said:

masonic said:

Pompeydave1967 said:

For a direct comparison, I currently have about £46k cycling through 25 regular savers spread over the year. This is currently earning me £2,900 interest per year. If I put that same money in a 1 or 2 year fix paying 4.45% I'd only earn £2,000. The extra £900 is worth the hassle to me. It's probably an hour a month I spend dealing with maturing accounts, distributing the money between the others and applying for new ones.

It always makes me smile when we discuss the time taken to actually administer or manage the stable of RSs we have, as the time we take following the various threads and looking at other sources of information is so much more.

Just my obscure through, other views are available

Agreed, the amount of time I spend here in general far outweighs actual time spent managing my money. I'm writing it off as hobby/education/entertainment.

topyam

Yep... this forum is part of the reason too I do it.. It's a great place with great people!

jaypers

topyam said:

Yep... this forum is part of the reason too I do it.. It's a great place with great people!

Same and it also gives me a little bit of satisfaction that we are taking advantage of the ‘system’ as much as possible. So much bad news about money everywhere and this is my little bit of refuge from all that. Complacency is not for me. 

exel1966

Born2Save_3 said:

Loughborough BS RS Maturity Instructions

Does anyone know if LoughboroughBS are sticklers for returning the passbook/passcard with completed signed maturity instructions ? If you return maturity instructions via email, a scan/photo of the completed signed document, is that accepted without a scan/photo of the passbook/passcard ? In lieu of the signed maturity instructions document have they accepted just email instruction or a message via their online messaging system ?

I called today and the person I spoke to said that the signed completed maturity instructions document would be accepted alone, then changed and said the passbook/passcard would be necessary.

I'm just wondering what people have found through their experience.

Thanks in advance.

Passbook always required with LBS as stated on the maturity instructions. Why the reluctance to send it when they pay for the postage? You'll get it back afer maturity.

where_are_we

Update of Chorley RS maturity payout applied for on Friday 31/10/25 - money arrived today. Poor show not helped by the weekend. Hints of First Direct RS maturity payout tardiness.

jameseonline

clairec666 said:

Bridlington1 said:

Russ66 said:

Bridlington1 said:

One option would be to open now but then refresh if still available in a month or two to push the maturity date on a bit.

This way you can still secure the account and don't risk missing out if it goes NLA sooner than it did last year but retain the option of pushing the maturity date on a couple of months if still available at the time.

Probably being a bit dull here but what do you mean by "Refresh"
Do you mean open one now then close it & open another down the line if still available? TIA

By ``refresh" I mean close an account to reopen the same account. So yes, with Principality accounts (and others) I'll often open one when they're launched, then close and reopen the account at the end of the month if still available.

For future reference I have also included this term in the list of common abbreviations and their meanings on page 1 of this thread.

I wondered about compiling a list of "niche" regular saver stuff, like 13th payments, debit card deposits, which accounts can be easily refreshed etc., allowances that roll over each month (like Skipton for example)...

Would this be of interest to anyone?
The information on page 1 of this thread is fine as it is, so doesn't need to be cluttered with any more information.

I started a 13th payment thing ages ago, you welcome to start your own though, I'm sure it will be useful to some , same as other things.

https://forums.moneysavingexpert.com/discussion/comment/80737194#Comment_80737194?utm_source=community-search&utm_medium=organic-search&utm_term=13th+payment+

Bigwheels1111

where_are_we said:

Update of Chorley RS maturity payout applied for on Friday 31/10/25 - money arrived today. Poor show not helped by the weekend. Hints of First Direct RS maturity payout tardiness.

FD now payout next day.
When they did not do this, I called and money was in my account 5 minutes later.
Did this for years.
It just takes up to 5 days for them to close reg saver.
So you are unable to open a new one.

jameseonline

GetRichOrDieSaving said:

Does anyone know how long it takes for a withdrawal from Newcastle RS? Instant, same day or next working day?

Can't remember other than quick