The Top Regular Savers Discussion Thread

friolento

Dudley

Mine matures today. I have sent maturity instructions about a fortnight ago, which hopefully will be actioned tomorrow. Right now, the account shows a balance without interest, and a note saying “Notice to withdraw”, which presumably means they will action my request to send the matured funds to my current account.

tr7phil

My wife's Santander regular saver matured this week and when the money was moved out to her current account the rate in the regular saver automatically updated to 8% so she didn't have to go through the hassle of closing it and opening a new one.

I'm hoping the same might happen with my Halifax regular saver. Does anyone have any experience of this?

20122013

https://forums.moneysavingexpert.com/discussion/comment/82075721#Comment_82075721

Yes, maybe try a different browser.

mhoc

Passbook accounts

Good point about sending off the passbook and maturity instructions a week or 2 before the maturity date. I have only recently had accounts with passbooks so I need to amend the Google calendar now to include passbook sending days

These are the 3 I have with passbooks - are there any others I've forgotten about … (Also have Leek and Stafford but these are dormant accounts kept alive with a small donation each month for the purposes of a loyalty account sometime in the future)

Dudley

Mansfield

Hanley

flaneurs_lobster

https://forums.moneysavingexpert.com/discussion/comment/82076298#Comment_82076298

Accounts may have passbooks but their return on maturity may not be necessary, thinking Monmouthshire?

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/82076314#Comment_82076314

General rule appears to be if you can get the money out online or via app, no passbook necessary. If you transact by post, such as with this Dudley account, the book is necessary.

The last Monmouthshire account I had asked for the book if returning the form, but I just went online and sorted it myself. I also have books for Melton and Cambridge but have never needed them.

I expect the next maturities that need the book will be Dudley Festive (Branch/Post) and Mansfield (end of bonus rate.)

I believe Suffolk need the book if there is one, but now that branch/post and online accept the same £300, there will likely be less of them. I have a passbook version maturing 28.2.27 as it accepts £500, vs £250 for the online version of the same issue (which I didn't bother with.)

EDIT: Having set up the app that came alongside the new Scottish BS online system, it appears as though withdrawals are possible without the book (gave options for next working day or choosing another date, but I didn’t actually proceed.)

surreysaver

Earl Shilton uses passbook.

Pickledonionlover

In the kindest way please let's not let the thread go tangential and start listing all the organisations with passbooks.

MaxBlax

Dudley Building Society Passbook

I recently prematurely closed a Dudley RS without returning a passbook by claiming they had not sent one to me or more likely that I had put it in a safe place and could not remember where that safe place was

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/82076365#Comment_82076365

But presumably still had to send them a letter to do that, so it doesn't save any postage.

When I early closed mine I wasn't expecting to see the book again but it arrived in the post a day or two after the funds hit my account, with closed stamped on almost every other page (despite there being a closure transaction listed.)