The Top Regular Savers Discussion Thread

Born2Save_3

gt94sss2 said:

gt94sss2 said:

Bridlington1 said:

HRBS Christmas RS to be launched 1/11/25

The details I've been given:
5% (var)
£100/Mth max
Can skip months 
30 notice on withdrawals which are unlimited 
Branch/post opening but can be viewed online once opened.

They have said they'll send an application pack to me when it's launched 

https://www.hrbs.co.uk/savings-products/christmas-saver-30-day-notice/

Has anyone who requested HRBS post them an application form received anything? 

I requested one via the web form (not via phone) and have not heard anything from them.

HRBS Application

Same here; requested on phone, received within 2 days; no envelope, despite asking for one. They indicate an email address, so I'm going to try returning the completed application by email first, and may just happen to mention being assured of an envelope but one not received.

My profit guesstimator on this one (Total invested times a bit more than half the stated rate) (1300*0.026)=£33.80 profit.  So a bit more profit than a Principality BS 6 month and more effort because it involves passbooks and no free envelopes.  Still if you're not a member yet there may be something good in the future.

Some discussion on HRBS, including envelopes here :

https://forums.moneysavingexpert.com/discussion/comment/80006228/#Comment_80006228

Kim_13

Cambridge maturity instructions have gone in - available a month in advance rather than the two weeks that is common with other providers.

Kim_13

Born2Save_3 said:

gt94sss2 said:

gt94sss2 said:

Bridlington1 said:

HRBS Christmas RS to be launched 1/11/25

The details I've been given:
5% (var)
£100/Mth max
Can skip months 
30 notice on withdrawals which are unlimited 
Branch/post opening but can be viewed online once opened.

They have said they'll send an application pack to me when it's launched 

https://www.hrbs.co.uk/savings-products/christmas-saver-30-day-notice/

Has anyone who requested HRBS post them an application form received anything? 

I requested one via the web form (not via phone) and have not heard anything from them.

HRBS Application

Same here; requested on phone, received within 2 days; no envelope, despite asking for one. They indicate an email address, so I'm going to try returning the completed application by email first, and may just happen to mention being assured of an envelope but one not received.

My profit guesstimator on this one (Total invested times a bit more than half the stated rate) (1300*0.026)=£33.80 profit.  So a bit more profit than a Principality BS 6 month and more effort because it involves passbooks and no free envelopes.  Still if you're not a member yet there may be something good in the future.

Some discussion on HRBS, including envelopes here :

https://forums.moneysavingexpert.com/discussion/comment/80006228/#Comment_80006228

I got a prepaid envelope with the maturity pack (30 Day Notice Issue 1) which I still have, as it was possible to get funds out online once the account had morphed into an Easy Access. Provided no withdrawals are needed, it should only cost one stamp which is effectively reimbursed at the end.

Still a no from me as I have plenty of capacity in Melton Issue 5 at 5%, which is open ended and doesn't require notice. Speaking of Melton, their postal application products are back online, so it follows that the lack of a currently available RS indicates that the next one would accept online applications.

trickydicky14

Kim_13 said:

Born2Save_3 said:

gt94sss2 said:

gt94sss2 said:

Bridlington1 said:

HRBS Christmas RS to be launched 1/11/25

The details I've been given:
5% (var)
£100/Mth max
Can skip months 
30 notice on withdrawals which are unlimited 
Branch/post opening but can be viewed online once opened.

They have said they'll send an application pack to me when it's launched 

https://www.hrbs.co.uk/savings-products/christmas-saver-30-day-notice/

Has anyone who requested HRBS post them an application form received anything? 

I requested one via the web form (not via phone) and have not heard anything from them.

HRBS Application

Same here; requested on phone, received within 2 days; no envelope, despite asking for one. They indicate an email address, so I'm going to try returning the completed application by email first, and may just happen to mention being assured of an envelope but one not received.

My profit guesstimator on this one (Total invested times a bit more than half the stated rate) (1300*0.026)=£33.80 profit.  So a bit more profit than a Principality BS 6 month and more effort because it involves passbooks and no free envelopes.  Still if you're not a member yet there may be something good in the future.

Some discussion on HRBS, including envelopes here :

https://forums.moneysavingexpert.com/discussion/comment/80006228/#Comment_80006228

I got a prepaid envelope with the maturity pack (30 Day Notice Issue 1) which I still have, as it was possible to get funds out online once the account had morphed into an Easy Access. Provided no withdrawals are needed, it should only cost one stamp which is effectively reimbursed at the end.

Still a no from me as I have plenty of capacity in Melton Issue 5 at 5%, which is open ended and doesn't require notice. Speaking of Melton, their postal application products are back online, so it follows that the lack of a currently available RS indicates that the next one would accept online applications.

Can someone remind me why I have a note saying don't put more than 6k in to Melton issue 5. I can't remember, don't they pay interest over this amount? I currently have around 4.5k in this account.

ForumUser7

trickydicky14 said:

Kim_13 said:

Born2Save_3 said:

gt94sss2 said:

gt94sss2 said:

Bridlington1 said:

HRBS Christmas RS to be launched 1/11/25

The details I've been given:
5% (var)
£100/Mth max
Can skip months 
30 notice on withdrawals which are unlimited 
Branch/post opening but can be viewed online once opened.

They have said they'll send an application pack to me when it's launched 

https://www.hrbs.co.uk/savings-products/christmas-saver-30-day-notice/

Has anyone who requested HRBS post them an application form received anything? 

I requested one via the web form (not via phone) and have not heard anything from them.

HRBS Application

Same here; requested on phone, received within 2 days; no envelope, despite asking for one. They indicate an email address, so I'm going to try returning the completed application by email first, and may just happen to mention being assured of an envelope but one not received.

My profit guesstimator on this one (Total invested times a bit more than half the stated rate) (1300*0.026)=£33.80 profit.  So a bit more profit than a Principality BS 6 month and more effort because it involves passbooks and no free envelopes.  Still if you're not a member yet there may be something good in the future.

Some discussion on HRBS, including envelopes here :

https://forums.moneysavingexpert.com/discussion/comment/80006228/#Comment_80006228

I got a prepaid envelope with the maturity pack (30 Day Notice Issue 1) which I still have, as it was possible to get funds out online once the account had morphed into an Easy Access. Provided no withdrawals are needed, it should only cost one stamp which is effectively reimbursed at the end.

Still a no from me as I have plenty of capacity in Melton Issue 5 at 5%, which is open ended and doesn't require notice. Speaking of Melton, their postal application products are back online, so it follows that the lack of a currently available RS indicates that the next one would accept online applications.

Can someone remind me why I have a note saying don't put more than 6k in to Melton issue 5. I can't remember, don't they pay interest over this amount? I currently have around 4.5k in this account.

The interest rate is tiered. At the time I opened it, £6,000+ only earned 2.5% on the portion over £6k.

surreysaver

That's four Issue 4 Prinky 6 Month Regular Saver's I've now got. Two more Issue 3s set to mature within the next four weeks.

trickydicky14

ForumUser7 said:

trickydicky14 said:

Kim_13 said:

Born2Save_3 said:

gt94sss2 said:

gt94sss2 said:

Bridlington1 said:

HRBS Christmas RS to be launched 1/11/25

The details I've been given:
5% (var)
£100/Mth max
Can skip months 
30 notice on withdrawals which are unlimited 
Branch/post opening but can be viewed online once opened.

They have said they'll send an application pack to me when it's launched 

https://www.hrbs.co.uk/savings-products/christmas-saver-30-day-notice/

Has anyone who requested HRBS post them an application form received anything? 

I requested one via the web form (not via phone) and have not heard anything from them.

HRBS Application

Same here; requested on phone, received within 2 days; no envelope, despite asking for one. They indicate an email address, so I'm going to try returning the completed application by email first, and may just happen to mention being assured of an envelope but one not received.

My profit guesstimator on this one (Total invested times a bit more than half the stated rate) (1300*0.026)=£33.80 profit.  So a bit more profit than a Principality BS 6 month and more effort because it involves passbooks and no free envelopes.  Still if you're not a member yet there may be something good in the future.

Some discussion on HRBS, including envelopes here :

https://forums.moneysavingexpert.com/discussion/comment/80006228/#Comment_80006228

I got a prepaid envelope with the maturity pack (30 Day Notice Issue 1) which I still have, as it was possible to get funds out online once the account had morphed into an Easy Access. Provided no withdrawals are needed, it should only cost one stamp which is effectively reimbursed at the end.

Still a no from me as I have plenty of capacity in Melton Issue 5 at 5%, which is open ended and doesn't require notice. Speaking of Melton, their postal application products are back online, so it follows that the lack of a currently available RS indicates that the next one would accept online applications.

Can someone remind me why I have a note saying don't put more than 6k in to Melton issue 5. I can't remember, don't they pay interest over this amount? I currently have around 4.5k in this account.

The interest rate is tiered. At the time I opened it, £6,000+ only earned 2.5% on the portion over £6k.

Thank you for that info, I don't suppose you know if interest is included in that 6k figure do you?

Kim_13

trickydicky14 said:

ForumUser7 said:

trickydicky14 said:

Kim_13 said:

Born2Save_3 said:

gt94sss2 said:

gt94sss2 said:

Bridlington1 said:

HRBS Christmas RS to be launched 1/11/25

The details I've been given:
5% (var)
£100/Mth max
Can skip months 
30 notice on withdrawals which are unlimited 
Branch/post opening but can be viewed online once opened.

They have said they'll send an application pack to me when it's launched 

https://www.hrbs.co.uk/savings-products/christmas-saver-30-day-notice/

Has anyone who requested HRBS post them an application form received anything? 

I requested one via the web form (not via phone) and have not heard anything from them.

HRBS Application

Same here; requested on phone, received within 2 days; no envelope, despite asking for one. They indicate an email address, so I'm going to try returning the completed application by email first, and may just happen to mention being assured of an envelope but one not received.

My profit guesstimator on this one (Total invested times a bit more than half the stated rate) (1300*0.026)=£33.80 profit.  So a bit more profit than a Principality BS 6 month and more effort because it involves passbooks and no free envelopes.  Still if you're not a member yet there may be something good in the future.

Some discussion on HRBS, including envelopes here :

https://forums.moneysavingexpert.com/discussion/comment/80006228/#Comment_80006228

I got a prepaid envelope with the maturity pack (30 Day Notice Issue 1) which I still have, as it was possible to get funds out online once the account had morphed into an Easy Access. Provided no withdrawals are needed, it should only cost one stamp which is effectively reimbursed at the end.

Still a no from me as I have plenty of capacity in Melton Issue 5 at 5%, which is open ended and doesn't require notice. Speaking of Melton, their postal application products are back online, so it follows that the lack of a currently available RS indicates that the next one would accept online applications.

Can someone remind me why I have a note saying don't put more than 6k in to Melton issue 5. I can't remember, don't they pay interest over this amount? I currently have around 4.5k in this account.

The interest rate is tiered. At the time I opened it, £6,000+ only earned 2.5% on the portion over £6k.

Thank you for that info, I don't suppose you know if interest is included in that 6k figure do you?

I have 5% on up to £5,999.99, 2.5% over. I imagine the interest is only disregarded in that you can still pay in £500 in the month that interest is applied; if interest takes the balance to £6,100 then it is still over £5,999.99 at the end of the day. It was possible to have the interest paid away, so I would log in/contact Melton to arrange this once you won't earn 5% on any further additions.

nomorekids

surreysaver said:

That's four Issue 4 Prinky 6 Month Regular Saver's I've now got. Two more Issue 3s set to mature within the next four weeks.

honestly nervous to look this morning, thought twas pushing my luck trying for another but they've allowed another for me too,  happy days        Principality v Monmouthshire ? Principality I think definitely my no 1  

ForumUser7

trickydicky14 said:

ForumUser7 said:

trickydicky14 said:

Kim_13 said:

Born2Save_3 said:

gt94sss2 said:

gt94sss2 said:

Bridlington1 said:

HRBS Christmas RS to be launched 1/11/25

The details I've been given:
5% (var)
£100/Mth max
Can skip months 
30 notice on withdrawals which are unlimited 
Branch/post opening but can be viewed online once opened.

They have said they'll send an application pack to me when it's launched 

https://www.hrbs.co.uk/savings-products/christmas-saver-30-day-notice/

Has anyone who requested HRBS post them an application form received anything? 

I requested one via the web form (not via phone) and have not heard anything from them.

HRBS Application

Same here; requested on phone, received within 2 days; no envelope, despite asking for one. They indicate an email address, so I'm going to try returning the completed application by email first, and may just happen to mention being assured of an envelope but one not received.

My profit guesstimator on this one (Total invested times a bit more than half the stated rate) (1300*0.026)=£33.80 profit.  So a bit more profit than a Principality BS 6 month and more effort because it involves passbooks and no free envelopes.  Still if you're not a member yet there may be something good in the future.

Some discussion on HRBS, including envelopes here :

https://forums.moneysavingexpert.com/discussion/comment/80006228/#Comment_80006228

I got a prepaid envelope with the maturity pack (30 Day Notice Issue 1) which I still have, as it was possible to get funds out online once the account had morphed into an Easy Access. Provided no withdrawals are needed, it should only cost one stamp which is effectively reimbursed at the end.

Still a no from me as I have plenty of capacity in Melton Issue 5 at 5%, which is open ended and doesn't require notice. Speaking of Melton, their postal application products are back online, so it follows that the lack of a currently available RS indicates that the next one would accept online applications.

Can someone remind me why I have a note saying don't put more than 6k in to Melton issue 5. I can't remember, don't they pay interest over this amount? I currently have around 4.5k in this account.

The interest rate is tiered. At the time I opened it, £6,000+ only earned 2.5% on the portion over £6k.

Thank you for that info, I don't suppose you know if interest is included in that 6k figure do you?

This is from the terms:

£0-£5,999 5.00% gross / 5.00% AER

£6,000+ 2.50% gross / 2.50% AER

The interest rate on this account is tiered.

Interest, is payable annually on 31 May and can be added to the account,

transferred to your bank account or transferred to an existing Melton

Building Society savings account.

As shown in the table above, for balances up to £5,999.99 you will earn

interest at a rate of 5.00%, on any further savings beyond £6,000 you will

earn an interest rate of 2.50%.

For example, an account with a balance of £7,000, the first £5,999.99 of

the balance will earn interest at a rate of 5.00% and the remaining

£1000.01 will earn interest at a rate of 2.50%.

I would assume the full balance, including interest earned, is considered for interest tier purposes. That’s the assumption I’m operating on at least, but not sure.