The Top Regular Savers Discussion Thread

allegro120

https://forums.moneysavingexpert.com/discussion/comment/82029075#Comment_82029075

Teachers

Thank you, this prompted me to login. My deposit wasn't showing this morning, but showing now. Sent on 5th and credited 5th.

Dizzycap

Re Teachers BS.

Both The Teachers @6.5% and Open to Everyone @6% RS are showing in my online account this evening. Both credited with the £250 payments sent with temp details on Friday 5th and both payments are dated 5th. Email received to say letter on the way with further details.

allegro120

https://forums.moneysavingexpert.com/discussion/comment/82028813#Comment_82028813

There might be exceptions, but in my experience all variable rate RSs had an escape route. If the rate goes down to unacceptable you can close the account and redeploy your funds to a better place, the interest will be paid up to date of closure, no penalties.

Kim_13

Dudley

Anyone who has asked for early closure of one of their passbook accounts not otherwise allowing withdrawals, did you send in the nominated account form at the same time as the faster payment withdrawal form, ticking the closure box? If that does not work, is the postal form for a cheque sufficient or do you also need to include a covering letter with the passbook?

Thank you

Hattie627

https://forums.moneysavingexpert.com/discussion/comment/82029265#Comment_82029265

Yes, sent passbook plus nominated account form plus faster payment withdrawal form ticked for closure. Posted day 1 (second class), closure proceeds in my nominated account day 2 (1111 Regular Saver Issue 9, closed in March 2026). I sent a covering letter, not sure if necessary.

Dizzycap

https://forums.moneysavingexpert.com/discussion/comment/82029393#Comment_82029393

Mine is. There was no issue with either of my Teachers RS being found when setting up my SO's for the next 11 months with the Reference being the Teachers BS RS account number. (Lloyds).

friolento

https://forums.moneysavingexpert.com/discussion/comment/82029393#Comment_82029393

not yet

but I don’t pay too much attention to CoP

bristolleedsfan

https://forums.moneysavingexpert.com/discussion/comment/82028774#Comment_82028774

Account number not recognised by Santander COP when resent funds today despite account having been opened since Monday, ( Original deposit sent from wrong account did get applied to Teachers BS account then manually removed and returned yesterday)

mhoc

Dudley - this one seems to have bypassed me but despite not having the most exciting savings rate it would help to fill my June/July 2027 maturity gap.

The application form looks straightforward but are they insistent on ID and proof of address being sent with the application form or will they just do an electoral roll check? If so are they OK with a passport photocopy and a bank statement? My ID should be straightforward but for OH I think he only has a HMRC tax coding letter (all of his usual ID is en route to Swansea as he is sorting out his driving license card)

(When we opened Hanley branch savers I took my credit card statement but the assistant said that credit card statements were no applicable but I could not fathom out why)

Are there any their Dudley quirks?

janusd

https://forums.moneysavingexpert.com/discussion/comment/82029823#Comment_82029823

if it helps, Dudley do accept completed applications by email - with the initial deposit being sent later by bank transfer once account opened.

are you already a customer ? I was, so didn't send additional ID info.

you could try just emailing the application form with no id - if you pass the electoral roll check, then you should be good to go… if you don't, then you can send the id info when requested.

also, if the passbook doesn't arrive (after first payment), then you will need to request one to be sent (mine never arrived after 5 weeks).