The Top Regular Savers Discussion Thread

proudgecko

Black in August I opened both MBS RS issue 8 and the exclusive issue 1
but in August I didnt fully fund them 
this means after 12 payments, neither account will be at the maximum balance
i see nothing in the T&Cs against a 13 payment, just the maximum balance a of 6k and 12k
does any one know if I will be able to make 13th payments in August next year to bring balance up to maximum ?

allegro120

proudgecko said:

Black in August I opened both MBS RS issue 8 and the exclusive issue 1
but in August I didnt fully fund them 
this means after 12 payments, neither account will be at the maximum balance
i see nothing in the T&Cs against a 13 payment, just the maximum balance a of 6k and 12k
does any one know if I will be able to make 13th payments in August next year to bring balance up to maximum ?

Yes, you will be able to make payments in August as long as you don’t exceed the maximum balance. 

Kim_13

proudgecko said:

Black in August I opened both MBS RS issue 8 and the exclusive issue 1
but in August I didnt fully fund them 
this means after 12 payments, neither account will be at the maximum balance
i see nothing in the T&Cs against a 13 payment, just the maximum balance a of 6k and 12k
does any one know if I will be able to make 13th payments in August next year to bring balance up to maximum ?

You would still be subject to the monthly limits in August, so if you had £5k and £10k in them, you could only go up £5,500 and £11,000

LZC

I forget with First Direct are you able to choose the day the standing order comes out?

Bridlington1

LZC said:

I forget with First Direct are you able to choose the day the standing order comes out?

You're not able to change the SO date, but you can vary the SO amount.

mon3ysav3r

LZC said:

I forget with First Direct are you able to choose the day the standing order comes out?

I moved the FD SO (by cancelling their one, and adding a new one) from the end of the month to the beginning, but people have said that the interest of 7% is only applied to that deposit from the day date the account was opened so I have gained nothing (and may be losing a small amount of interest) by moving it earlier in the month (I assume they meant on the 300 deposit).

LZC

Bridlington1 said:

LZC said:

I forget with First Direct are you able to choose the day the standing order comes out?

You're not able to change the SO date, but you can vary the SO amount.

Thanks. I’m setting up a new one again, so if I want the Standing Order to come out on the 27th each month when should I apply?

PowerSavingMode

LZC said:

Bridlington1 said:

LZC said:

I forget with First Direct are you able to choose the day the standing order comes out?

You're not able to change the SO date, but you can vary the SO amount.

Thanks. I’m setting up a new one again, so if I want the Standing Order to come out on the 27th each month when should I apply?

First Direct RS

At least one working day before, IMHO.

Chaykin

My First Direct RS finished recently and I opened a new one on Monday 10/11/2025. Now my standing order is on 11th of each month. (or first working day after)

allegro120

Chaykin said:

My First Direct RS finished recently and I opened a new one on Monday 10/11/2025. Now my standing order is on 11th of each month. (or first working day after)

My previous FD RS matured on 8th May, the current one was opened on the same day so my SO date didn't change.