The Top Regular Savers Discussion Thread

allegro120

https://forums.moneysavingexpert.com/discussion/comment/82020700#Comment_82020700

You're welcome😀

I didn't explain it well, I've made an attempt to apply for the 6% this morning, but couldn't because the product was no longer available😪 I'll call Teachers tomorrow and see what they say about my 6.5% application. I hope it got through to them, it will be sad to miss a decent RS especially at this time when RS market is on decline.

allegro120

https://forums.moneysavingexpert.com/discussion/comment/82020695#Comment_82020695

The question is whether a one-day drop below £100 will cancel the entitlement.

Bridlington1

For those who have applied, I can confirm Ts&Cs were archived for both Teachers BS RSs and shall be added to p1 of the archived thread in due course.

For now and owing to notifications (still) not working properly, please find them below, they shall also remain in the Recently NLA section of p1 of this thread until the end of the month:

Teachers BS Regular Saver for Teachers (issue 1)

Teachers BS REGULAR SAVER FOR EVERYONE (ISSUE 1)

surreysaver

https://forums.moneysavingexpert.com/discussion/comment/82020644#Comment_82020644

Thanks for spotting this. Mine matures tomorrow, and I've already another account with Saffron, but maintained at a £10 minimum balance, so another £90 going into that tomorrow.

I'd be wary about opening a regular saver to maintain a minimum balance in case any future product has a restriction on the number of regular savers allowed though!

chris_the_bee

https://forums.moneysavingexpert.com/discussion/comment/82020774#Comment_82020774

Saffron

A Members Month Loyalty Saver has been issued every year since 2023. So if a new one was opened on the same day as the old matured, then the £100 members rule did not need to take effect.

janusd

https://forums.moneysavingexpert.com/discussion/comment/82020644#Comment_82020644

re: Saffron - i've been a member since February 2023 when I opened a My Saver account with £1 - apart from 1 week in Aug 2023 where the balance temporarily went to £10000 (for reasons I cannot remember), the balance of that account has never gone over £11.12… there were other accounts opened that would have had £10 or £20 balances - but definitely, other than that one week in August 2023, I had not had a balance anywhere near £100 with Saffron.

when I opened the Member's Month Loyalty account in June 2024, I qualified to open it… similarly, in June 2025, I qualified too when the 2024 issue matured and I opened the later version.

… checking the archived links to the product, for 2025 issue, it says…

This is a members only account. You must have been a member with us since 1 June 2024 to be eligible for this account.

I think the definition of "membership" for this account is simply to have a continuous existing funded savings / mortgage account with them… earlier issues of this account just said you needed to have had a savings/mortgage account with them for at least 12 months… on 1 June 2024, I definitely did not have a balance anywhere near £100 with Saffron.

with my current Saffron balance of £10.08, I believe I should still qualify in September - i've sent them a secure message to check, but I would be amazed if there were some weird £100 limit to now be enforced to gain access to the account in member's month 2026.

GetRichOrDieSaving

On the subject of Saffron, my RS matured today but I can’t for the life of me find how to withdraw from the ‘easy access’ account. I’m thinking it’s because I can’t just yet? But I can see the funds sitting there in the new account. I’ve tied both app and online!

Chaykin

13th payments

I know Monmouthshire stipulates a maximum balance preventing 13th payments but does anyone know if this is actually enforced (like Skipton) or not enforced? (like Principality)

Additionally - with regards to Teachers BS - I'm calling bs (and I don't mean building society🤣) on any company being able to tell what sort of employment you are (or were) in based on just providing them your NI number.

janusd

https://forums.moneysavingexpert.com/discussion/comment/82021164#Comment_82021164

does it have a nominated account assigned to it?

janusd

Re: Saffron - I have just had a reply to my secure message…

As of now, specific requirements for the September Members Month Loyalty Saver have not been confirmed. They will be visible on our website once the product is launched.

You will need to be an existing customer for at least 3 months.

which I would interpret as tallying more with my position, where you only need to have an open savings/mortgage account with them - nothing about membership or maintaining a £100 balance… personally, I won't be increasing my current £10 balance with them.