The Top Regular Savers Discussion Thread

cheekyweegit

https://forums.moneysavingexpert.com/discussion/comment/82056496#Comment_82056496

Have you funded both? I have just to see what happens…… Fingers crossed they leave alone. It would be great if they do.

friolento

I would hang on to both, and fund then both, until they tell me that they will close one 😎

pecunianonolet

I didn't have the 5% one and just opened normally the 8% one on launch day. Just tried to open a second one in the app and it told me "Good news, you already have one".

cheekyweegit

https://forums.moneysavingexpert.com/discussion/comment/82056502#Comment_82056502

My £500 Monmouthshire RS has just returned this months payment, as it's due to mature later this month, I was just chancing it to see if it took an extra payment. Sadly it doesn't so the money will go to Santander for now, then I'm considering the co-op 7% one if it's still there.

Unless Monmouthshire decide to give some more decent offerings. The £1k one was amazing, would love to have been able to afford more than one of those if I was lucky like some to get two.

chris_the_bee

Buckinghamshire

NatWest fraud Police blocked my payment to Bucks, again. Another hour and a half of my life down the drain. Explained that they blocked it last month as well, but to absolutely no effect. Also asked "if it passed COP, surely that is OK?" but to no avail.

Anyone else in the same boat?

Chaykin

https://forums.moneysavingexpert.com/discussion/comment/82056517#Comment_82056517

Thank you so much for that - was just about to do the same with my Monmouthshire BS Regular Saver that matures towards the end of July 2026. It's fully funded with £6,000.00 and although I know T&Cs state that's the maximum balance I was willing to chance it to see what happens as quite a few banks/building societies don't enforce their maximum balance rules.

I understand in the past Monmouthshire BS did not stipulate a maximum balance yet returned 13th payments nonetheless. I believe people had to complain and they ended up accepting 13th payments at the time. Looks like they now make sure to put it in their T&Cs and enforce it.

fonesaver

https://forums.moneysavingexpert.com/discussion/comment/82056550#Comment_82056550

I must be lucky as the 2nd payment from RBS went OK!

kermchem

MonBS RS issue 8 I too have an account that matures at the end of this month. For various reasons I was not able to fully fund it earlier in the year. The £500 sent on 1st July is still there, so as expected any problems are with either a 13th payment or exceeding £6000.

I was one that had an account opened by post and online. For a long time I ignored the second one, and then started to fund it. No point trying to open a new account when the first matures. 6% on £500 per month is still excellent.

Bridlington1

https://forums.moneysavingexpert.com/discussion/comment/82056550#Comment_82056550

If it's any consolation I tried making a deposit into the Buckinghamshire BS RS from my Ulster account late on 29th June and they blocked it, after speaking to their fraud team they still refused to make the payment as they could see no reason why the funds went from Santander to Ulster and then onto Buckinghamshire BS and then were baffled that the account was opened on 20th but I'd waited till 29th to fund it. I was on the phone to them for 10 minutes but they still refused claiming that they were "certain this is a scam", so bounced the payment.

Ulster then let me set up a new payee to Santander and send the money there without any issues.

Credit where it's due though, I had to update my nominated account with Buckinghamshire BS to Santander, they did this within a couple of hours and I was able to get the funds in via Santander on 30th, followed by another payment on 1st.

Bridlington1

For those with the Mkt Harborough BS Limited Edition RS at 6% (NLA):

Thought I'd give my experience in case others wish to access the funds early, the account converts into an EA account if more than one payment is missed.

I wanted access to the funds so missed the deposits for May and June, I sent them a secure message in mid-June asking them to close the account on 1st July once it converts to an EA account and they said to wait till it converts and send another message then.

I sent a message around 4am on 1st July (day it was due to convert into an EA account) and they actioned the closure despite it having not converted by the time I'd sent the message. Funds were in my nominated account when I checked at 5pm on 1st July