The Top Regular Savers Discussion Thread

Bridlington1

https://forums.moneysavingexpert.com/discussion/comment/81869174#Comment_81869174

It is possible to refresh the Nationwide Flex RS. The account allows penalty-free early closure, once closed you'd be eligibly to open a new one.

Just be aware though that their systems won't let you open a new RS till the day after you close the old RS by quirk of their systems.

barafear799

Is it not possible to open virgin exclusive RS issue 5 if you already hold issue 3? I'm sure I read in the previous thread that you could only hold one of each issue? Thanks.

WillPS

If Nationwide were planning to release a new issue with a lower rate it'd be strange for them to have just launched a VM regular saver at the same rate as the existing one (and the same as all the ones they did last year, which also matched the Nationwide rate).

clairec666

https://forums.moneysavingexpert.com/discussion/comment/81869191#Comment_81869191

No. If you go start the application process it will tell you that you already have a regular saver exclusive so can't open another.

Confused_Dog

https://forums.moneysavingexpert.com/discussion/comment/81868792#Comment_81868792

@Bobblehat @flanuers_lobster Not Chardonnay guys just tea. Given the state of the economy we'll need our Regular Saver interest to buy tea bags soon!!!

MaxBlax

Funding a Virgin Money Regular Saver Exclusive: My experience FYI

I opened a Virgin Money Regular Saver Exclusive account on 02/02/2026 and every attempt since of trying to fund the account by Electronic Fund Transfer (ETF) via a Lloyds Bank current account has resulted in the correctly provided details not being matched.

Whilst I know I can proceed with funding the account without the correct details having been matched, I will only fund the account via ETF if the correct details are matched.

My not inconsiderable experience is that some financial institutions can accept immediate correctly-matched ETF payments into newly-created accounts and most can usually be done within 24 hours.

During a chat session with a Virgin Money agent, the agent confirmed the RS account can accept direct ETF payments rather than having to fund the linked current account and then funding the RS from the current account. However, the chat agent also confirmed it can take "3-5 days for accounts to be added to the payee name verification database", which to me is exceptionally long and unacceptable.

DodgerPot

https://forums.moneysavingexpert.com/discussion/comment/81869421#Comment_81869421

Virgin Monthly saver Exclusive

I had the same issue when trying to fund the new account from my NatWest as a new customer. NatWest was saying account not recognised.

In the end I funded £1 which showed in my new account on the app almost immediately. So then I topped up to the full monthly £250

WillPS

Mansfield BS

Wife received her new passbook along with a couple of response paid envelopes as requested. That sorts out closure when the bonus expires next Jan and next time they launch a decent saver. Thanks for the tip whoever suggested asking :)

It'll probably limp on with just minimal funding until then (as the bonus saver before it did) but who knows where the year ahead will leave it in the pecking order.

clairec666

https://forums.moneysavingexpert.com/discussion/comment/81869421#Comment_81869421

That does seem rather slow, and from my recent experience of CoP checks with other banks they have worked immediately.

If you're not happy, vote with your feet and save your money elsewhere.

Other providers can also be irritatingly slow in other ways, e.g. Monmouthshire taking a couple of days to show my latest deposit, but for 7% interest I can tolerate a bit of slowness.

WillPS

https://forums.moneysavingexpert.com/discussion/comment/81869421#Comment_81869421

The CYBG platform is clearly not going to be developed any further as it is set to be replaced with a Nationwide Group-wide solution at some point in 2027/8. Nationwide also struggle with same-day COP on savings accounts too.

In both cases there's a totally viable workaround for your first deposit, it's not worth kicking up a fuss over it IMHO. Still very much on the low end of setup faff as this game goes!