The Top Regular Savers Discussion Thread

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/81932106#Comment_81932106

I'd wager the majority of holders don't max the account either, since it hasn't been a top rate at any point. Mine receives whatever is left over when better accounts are filled and unless I end up with more spare money than expected between now and May, won't even make £850. I recall a number of forumites opening it speculatively so as to get a foot in the door with Loughborough, so there are probably accounts with about £15 in too.

frosty12345

Hi,

Thanks for the effort that goes into maintaining this super useful thread!

I'm hoping to "renew" (close and asap re-open) some of my regular savers so that the interest is taxable in the current tax year. Though, I'm not sure if it's allowed or penalties will apply. Your opinions are appreciated. I have (amongst others) the accounts below;

- Monmouthshire Regular Saver (Issue 8): seems like I can close this without penalty and reopen

- Nationwide Flex Regular Saver (Issue 7): haven't made any withdrawals so far, so possibly can withdraw/close and reopen without penalty. Not 100% sure.

- Vernon Online Regular Saver: can close it without penalty. Not sure that I'll get the interest this tax year though since "Interest is calculated daily and added to your account annually at the end of the month the account was opened".

Bridlington1

West Brom Winter Ready Regular Saver at 6% NLA.

Replaced by West Brom Fixed Rate Regular Saver Issue 8 at 5%.
Account lasts 1 year
£200/mth max
Branch opening, though can be opened online if you live in one of their branch postcode areas B (Birmingham), DY, WV, WS or SY

Bridlington1

https://forums.moneysavingexpert.com/discussion/comment/81933849#Comment_81933849

Monmouthshire can be refreshed but it takes a few days to do based on reports.

Nationwide can be refreshed and the terms don't prevent you refreshing Vernon.

Bridlington1

Dudley BS Festive Regular Saver at 5.5% NLA.

Replaced by Dudley BS Regular Saver-1225 at 5.5% (var), £250/mth max, unlimited penalty-free withdrawals, open to all over 16, branch/post only.

happybagger

Is the Dudley 1225 a new issue of their previous RS? I'm away and can't check what I already have. Am sure I have one at 5.50%

Can call in branch but would rather not drive if I get told "you've already got it"😂

clairec666

https://forums.moneysavingexpert.com/discussion/comment/81933977#Comment_81933977

West Brom...

Anyone recall whether the postcode restrictions were the same for the Winter Ready account? I don't remember seeing any restrictions, and was able to open the account despite not living anywhere near the West Midlands. (Not a deliberate attempt to breach the T&Cs)

KneadtheDough

https://forums.moneysavingexpert.com/discussion/comment/81934421#Comment_81934421

Dudley RS - 1225

I think each issue is separate — so this one is '1225' (the Festive Regular Saver Online was '1176', for example), and therefore one account per person can be opened of EACH separate product. Please correct me if I'm wrong.

KneadtheDough

https://forums.moneysavingexpert.com/discussion/comment/81934435#Comment_81934435

West Brom Winter Ready RS

No. I managed to open one without issue.

Want2BeDebtFree

Hi everyone. Yesterday (22nd March 26) I did some research into TEMBO HOMESAVER, (I am not moving house) but they had a deal on whereby you can save £25K for 1 year and they were offering an interest rate of 4.75% AER variable as of March 2026.

Downloaded the TEMBO app. However it only allowed me to transfer £20K. ?

Went onto the in-app "Chat" option to ask them why was it only allowing £20K and the person kept on telling me I was allowed to transfer £25K ? So I spent ages going round in circles chatting to this person (who I think was A.I ?) In the end I thanked them and said I would telephone TEMBO Monday morning and speak to someone as it was now 7pm and they were closed for phonecalls.

Rang them this morning and spoke to someone who advised that it appears (?) the maximum amount is now only £20K (and no longer £25K). Even he was not sure, and he works there!

Has anyone else had this issue with TEMBO? I've put in a complaint which will be looked into and they will get back to me within 48 hours to either let me know if they will honour the £25K amount or not? (Because I do have it in writing on the chat thread from yesterday when I was chatting back and forth that the "cap" was £25K)

Cheers everyone