Being nosey... How many Regular Saver accounts do you have?

clairec666

Quick update for you @Bobblehat - now up to 20 regular savers. All my own, no partners involved. Monthly funding remains at around £4500, although most of it isn't "new" money, it's from previous years' accounts maturing. I won't update my total holdings as it's likely to fluctuate a lot over the coming months.

ninaluna754

SH88SH88 said:

francoghezzi said:

SH88SH88 said:

Has anyone who does the payments manually ever had problems with payments being blocked by the Fraud dept ? ... some of the banks/BS's Fraud teams/algorithms seem overly keen so I would've thought many manual payments in a short timeframe would attract attention.

Stay far, far away from Co op. I had my payments blocked 3 times in 2 months and without a single phone call or message from them. The money sent to Skipton just disappeared from my account and the first time I spent an entire night wondering if I had sent my payment to someone else only to find out the day after that had been blocked. Never ever again with these people. I had to wait 40 minutes to talk to someone and spent almost an hour to repeat again and again that no one was asking me to move my own money. They need a therapist, a good one.

Thanks for the info, coincidentally I've recently (last few days) opened a Coop basic current account... solely to be eligible for a Coop RS. Fortunately,  I have a few current accounts elsewhere that I'm happy with, so, I'll just be occasionally bouncing £2 through the current account to keep it active/semi-active .

I'm also grateful for this heads up about the Co-op!
I opened a current account with them a few days ago (in order to access the RS) when I tried to register for online banking the website told me I had entered the wrong info (it was correct) and I'm now blocked from trying again for another 24 hours. 😳

janusd

francoghezzi said:

SH88SH88 said:

Has anyone who does the payments manually ever had problems with payments being blocked by the Fraud dept ? ... some of the banks/BS's Fraud teams/algorithms seem overly keen so I would've thought many manual payments in a short timeframe would attract attention.

Stay far, far away from Co op. I had my payments blocked 3 times in 2 months and without a single phone call or message from them. The money sent to Skipton just disappeared from my account and the first time I spent an entire night wondering if I had sent my payment to someone else only to find out the day after that had been blocked. Never ever again with these people. I had to wait 40 minutes to talk to someone and spent almost an hour to repeat again and again that no one was asking me to move my own money. They need a therapist, a good one.

I tried to open a Cashminder with them on the 20th (as I think someone in this thread mentioned it was an easier way to get to the RS) - sadly, I had Equifax CreditLock enabled on my credit report (they could have done a soft search, but not a credit reference check) - a week later, I got a letter in the post from them about that suggesting to unlock it and try again... I did, but 2 days later got an email that CreditLock was still in place - incompetent buffoons, it definitely isn't and for that second application, they definitely didn't do any query to the Experian credit file... they seemed to have just assumed that because it was in enabled the first time, it still was... sighs... no point in making a third attempt, or bothering with a full current account - having read the horror stories here and on trustpilot, I feel i've dodged a bullet... no great loss not to have their RS.

I took the opportunity to open a Club Lloyds current account, their 2 regular savers and their Ultra card - whole thing took 10 mins in the app.

allegro120

Hi @Bobblehat. This is my October update. Number of RSs - 57. Deposits - £15350. Minimum - 5.15%. 

n15h

clairec666 said:

n15h said:

Thanks to everyone that answered my queries - it helped me to better understand the Principality RS.
I've now opened:

• Progressive Online Regular Rainy Day Saver Account - 7% (£300pm)
• Principality 6 Month Regular Saver - 7.5% (£200pm)

Total now is 4 RSs (in addition to RSs with Nationwide and Virgin).
At the start of 2025 I had only 1 RS. Looks like I've caught the bug!

Welcome I predict you'll have another few before the year is out...

Your prediction came true!
Since my post above, I've also opened the Principality BS Christmas 2026 Regular Saver 6.5%.
That brings my total to 5 RSs.
Am also looking at the Hanley 1 Year Online Smart Saver (6.5%) 

clairec666

n15h said:

clairec666 said:

n15h said:

Thanks to everyone that answered my queries - it helped me to better understand the Principality RS.
I've now opened:

• Progressive Online Regular Rainy Day Saver Account - 7% (£300pm)
• Principality 6 Month Regular Saver - 7.5% (£200pm)

Total now is 4 RSs (in addition to RSs with Nationwide and Virgin).
At the start of 2025 I had only 1 RS. Looks like I've caught the bug!

Welcome I predict you'll have another few before the year is out...

Your prediction came true!
Since my post above, I've also opened the Principality BS Christmas 2026 Regular Saver 6.5%.
That brings my total to 5 RSs.
Am also looking at the Hanley 1 Year Online Smart Saver (6.5%) 

Enjoy

Pickledonionlover

Hi folks - long time lurker here.

I signed up to give all you RS fans a word of warning.

I've got a five figure sum of RS leaving my Nationwide Current account each month.

These RS also mature into this C/A which is fed by a third party Easy Access account elsewhere for standing orders at the beginning of each month.

Anyway, very recently the Account Evidence team from NW have been touch asking all sorts of questions on the source and destination of this money.  

They're wanted this information within two days else my account access would be removed.

Luckily I was able to send them spreadsheets of all my RS, statements of the third party Easy Access and also a spreadsheet of interest accrued.

All worked out fine (the account is being used totally legitimately) but it was a worry for two or three days.

So I'd definitely be prepared if I were you as my habits haven't changed over a number of years so no idea why I was suddenly selected.

Take care

Bobblehat

Pickledonionlover said:

Hi folks - long time lurker here.

I signed up to give all you RS fans a word of warning.

I've got a five figure sum of RS leaving my Nationwide Current account each month.

These RS also mature into this C/A which is fed by a third party Easy Access account elsewhere for standing orders at the beginning of each month.

Anyway, very recently the Account Evidence team from NW have been touch asking all sorts of questions on the source and destination of this money.  

They're wanted this information within two days else my account access would be removed.

Luckily I was able to send them spreadsheets of all my RS, statements of the third party Easy Access and also a spreadsheet of interest accrued.

All worked out fine (the account is being used totally legitimately) but it was a worry for two or three days.

So I'd definitely be prepared if I were you as my habits haven't changed over a number of years so no idea why I was suddenly selected.

Take care

Interesting! So the fact they could see that the SO's were going into savings accounts in your name (presumably!) each month was still not enough for them, and required more information? Where they specific in the type of information they required?

Pickledonionlover

Bobblehat said:

Pickledonionlover said:

Hi folks - long time lurker here.

I signed up to give all you RS fans a word of warning.

I've got a five figure sum of RS leaving my Nationwide Current account each month.

These RS also mature into this C/A which is fed by a third party Easy Access account elsewhere for standing orders at the beginning of each month.

Anyway, very recently the Account Evidence team from NW have been touch asking all sorts of questions on the source and destination of this money.  

They're wanted this information within two days else my account access would be removed.

Luckily I was able to send them spreadsheets of all my RS, statements of the third party Easy Access and also a spreadsheet of interest accrued.

All worked out fine (the account is being used totally legitimately) but it was a worry for two or three days.

So I'd definitely be prepared if I were you as my habits haven't changed over a number of years so no idea why I was suddenly selected.

Take care

Interesting! So the fact they could see that the SO's were going into savings accounts in your name (presumably!) each month was still not enough for them, and required more information? Where they specific in the type of information they required?

They were very mixed in their 'specifiness'.

One of their questions was what a four letter abbreviation was for the source of a matured account (a simple Google search would have given them this information).

Other questions were pretty vague like - x amount of money was credited to your Current Account in the last n months can you detail where this is from,    y amount of money was credited to your Current Account in the last nx2 months can you detail where this is from,  z amount of money was credited to your Current Account in the last nx3. months can you detail where this is from.

It took three emails and three phone calls to ensure they were happy.  But if I hadn't been totally honest and didn't have all the accounts information to hand I fear things may have been different.

I remember you've had issues with Banks putting you on the naughty step so you'll be sympathetic to the stress this caused.

PS thanks for all the work you personally do around this subject - it's very appreciated by us lurkers.

Pickledonionlover

Pickledonionlover said:

Bobblehat said:

Pickledonionlover said:

Hi folks - long time lurker here.

I signed up to give all you RS fans a word of warning.

I've got a five figure sum of RS leaving my Nationwide Current account each month.

These RS also mature into this C/A which is fed by a third party Easy Access account elsewhere for standing orders at the beginning of each month.

Anyway, very recently the Account Evidence team from NW have been touch asking all sorts of questions on the source and destination of this money.  

They're wanted this information within two days else my account access would be removed.

Luckily I was able to send them spreadsheets of all my RS, statements of the third party Easy Access and also a spreadsheet of interest accrued.

All worked out fine (the account is being used totally legitimately) but it was a worry for two or three days.

So I'd definitely be prepared if I were you as my habits haven't changed over a number of years so no idea why I was suddenly selected.

Take care

Interesting! So the fact they could see that the SO's were going into savings accounts in your name (presumably!) each month was still not enough for them, and required more information? Where they specific in the type of information they required?

They were very mixed in their 'specifiness'.

One of their questions was what a four letter abbreviation was for the source of a matured account (a simple Google search would have given them this information).

Other questions were pretty vague like - x amount of money was credited to your Current Account in the last n months can you detail where this is from,    y amount of money was credited to your Current Account in the last nx2 months can you detail where this is from,  z amount of money was credited to your Current Account in the last nx3. months can you detail where this is from.

It took three emails and three phone calls to ensure they were happy.  But if I hadn't been totally honest and didn't have all the accounts information to hand I fear things may have been different.

I remember you've had issues with Banks putting you on the naughty step so you'll be sympathetic to the stress this caused.

PS thanks for all the work you personally do around this subject - it's very appreciated by us lurkers.

Sorry I can't see an edit function on here.

Other questions were around what my job was, what I was using the account for and if it was my primary account.

Anyway take care.