The Top Regular Savers Discussion Thread

thefrank

SUFFOLK

ONL 1 YR FR REGULAR SAVER (31.07.2026)

It's available on the website a link that has to be used to communicate what to do with the money in the regular saver that matures at the end of the month. Once the decision has been made (make sure you have a nominated account in the system) going back to the accounts page a confirmation will appear close to the RS.

mhoc

And on the subject of "what banks or building societies might next have an 8% interest" I've just had a survey by email to complete from Dudley regarding a potential new savings account with a bonus rate - straight forward to complete but no box at the ned for general comments for me to say "please can we have 8% like Halifax, LLoyds, BOS and Santander :) "

But we live in hope

Bridlington1

https://forums.moneysavingexpert.com/discussion/comment/82072914#Comment_82072914

One to watch may be Monmouthshire BS, they have been known to launch regular savers over the summer including two 7% exclusive RSs that I have maturing in August, and they have hit 8% before.

Then again who's to say a dark horse candidate that hasn't offered much worth having of late shan't come up with 8% all of a sudden.

I'll take what I can get, queue serahr serahr as Ted Heath would say in French.

friolento

https://forums.moneysavingexpert.com/discussion/comment/82072911#Comment_82072911

I can see a 5% (var, I think) RS on the Suffolk site, maturity 31/08/2027, between £10 and £300 a month. One I will pass on as 5% is below my min RS rate.

https://acquire.online.suffolkbuildingsociety.co.uk/sbs/savingsapplication/index/savings?acctype=4101
(sorry, Forum software won't allow the URL to be hotlinked)

MaxBlax

https://forums.moneysavingexpert.com/discussion/comment/82072934#Comment_82072934

I would say a dark horse candidate that hasn't offered much worth having of late has already come up with 8% all of a sudden, that being the Lloyds Banking Group, Lloyds Bank being the black (dark) horse bank! 😃

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/82072938#Comment_82072938

It’s fixed, with early closure possible in contrast to earlier issues. Opened with £10 a month ago as I will need it come the mass exodus from Monmouthshire and also having too much maturing in October and possibly a few other months along the way. Only received the information sheet in the post yesterday along with an apology that they should have sent it sooner.

friolento

https://forums.moneysavingexpert.com/discussion/comment/82072965#Comment_82072965

DOH, of course it is fixed, it says so in the name of the RS. I need my eyes tested!

snookerloopy96

https://forums.moneysavingexpert.com/discussion/comment/82072914#Comment_82072914

Yeah, me too. Only did it for the miniscule chance of a prize!

snookerloopy96

I am assuming nobody can see Principality going back to their 7.5% of recent times?

I have 2 savers maturing next month and as we know somebody reads this thread due to the multiple situation we had previously.

Bonds don't interest me particularly and as there might be a slight exodus next month maybe a new RS will materialise?

Bridlington1

https://forums.moneysavingexpert.com/discussion/comment/82072965#Comment_82072965

Monmouthshire BS and the potential £18k (plus interest) that many will have at maturity:

One option to consider is to delay when you fund your other August/September regular savers (depending when you opened them) and use your maturing Monmouthshire BS proceeds to fund that month's RSs.

E.g. if your account matures on 21/8/26, instead of pulling funds from a 5.25% RS to fund a 5.5% RS on 1st August you could wait till 21st August and then fund the 5.5% RS then with the money from the maturing Monmouthshire BS RS.

This might go some way to alleviating the potential fallout of £18k suddenly needing a home in August.

Everyone's figures will be different, perhaps someone can come up with a spreadsheet to illustrate different scenarios?

Regardless I've sort of got out of this one and am likely to have the opposite problem, with a property purchase getting closer to completion I'm probably just going to use the contents of the maturing Monmouthshire BS RSs to pay for that and end up with a shortage of funds to feed my September RSs.