The Top Regular Savers Discussion Thread

jd84

https://forums.moneysavingexpert.com/discussion/comment/81973833#Comment_81973833

You don't have to replace it on the same day, that's only to avoid further charges.

The benefit is for people who want (or need) to temporarily borrow money. They don't have to lend money to you. You are also free to decline it, or reduce the amount.

You only have to pay charges on anything borrowed over the interest free £250

Andystriker

No Posts for four days👀

Has everyone left me here on my own??

Bridlington1

https://forums.moneysavingexpert.com/discussion/comment/81982204#Comment_81982204

It's been a very quiet month on the RS front this month, it's worked out rather well as I've been house hunting and buying a property this month so have been a bit busier than usual so a quiet RS month is at about as ideal a time as it could be for me.

I'll do my usual RS monthly update later today though and formally launch a new spreadsheet.

BOE base rate decision is also today, if there's a change (up or down), I'll create a list of RS rate changes.

MisterMotivated

Everyone's keeping a low profile to let you focus on buying a house. I never knew you had such an influence on the UK banking sector 😆

Hope everything goes well with the purchase and the move, and that you're very happy in your new home.

clairec666

I'm in the same boat as you Bridlington, I'm hoping my property purchase will go through within the next month, so a lot of my regular savers are going to be emptied. I'm glad there haven't been any good new accounts on offer of late - for the last couple of years it's been second nature to snap up anything decent over 6%. It's also very frustrating to see some amazing fixed rate ISAs available when it's the last thing I need right now!

Hope the house hunt goes well for you.

s71hj

https://forums.moneysavingexpert.com/discussion/comment/81982243#Comment_81982243

Fingers crossed for you you got in there before mortgage rates started rising

Bridlington1

BOE Base Rate has been held at 3.75%, 8 voted to hold, one voted for an increase to 4%. Thresholds for this thread remain under review.

mhoc

I did wonder were everyone had gone to … hopefully May will bring something some new savers …

On the plus side I finally made a decision and refreshed my Halifax regular savers so April 2027 there will be savers maturing at the start and the middle to feed the May 1st 2027 regular savers so crisis averted :)

And then Principality - OH had a triple access mature so he just closed that one.

Then we both had 6 month savers mature on the 24th so I sent maturity instructions to convert into regular savers issue 37 - both successful. They are there as a stop gap - add funds as and when and close if need be.

We also had 2 more 6 month savers mature today and I did the same - put in maturity instructions to convert to issue 37 - again sent the instructions late evening the night before - but this time the proceeds were returned and then this afternoon the other £250 - oh well you win some and then you loose some :)

friolento

https://forums.moneysavingexpert.com/discussion/comment/81982875#Comment_81982875

Issue 37 is all of 4.75%. This is way too low for my liking at this stage, even for a "just in case" account

ToastLady

https://forums.moneysavingexpert.com/discussion/comment/81982884#Comment_81982884

Agree there. There's very slim pickings with Principality at the moment. I've just been closing down accounts as they mature, still got 3 different RS's on the go though.