The Top Regular Savers Discussion Thread

mhoc

https://forums.moneysavingexpert.com/discussion/comment/82095228#Comment_82095228

Regarding Manchester regular saver issue 1 - I've not had Manchesters before so I am not sure of the procedure.

My maturity date is 27th of September and it is already at the £6K balance - just pondering if its possible to close issue 1 now - would the full interest be paid up until now.

Then could I reopen issue 1 while its still available and so get another 2 years of issue 1 - would I be able to reopen Manchester 1 immediately. I am worried that if it takes time that issue 1 might go NLA . Or that the system might pick up that I've just opened issue 2 and only one regular saver is allowed…

SH88SH88

https://forums.moneysavingexpert.com/discussion/comment/82095587#Comment_82095587

I think they will credit before Monday, most likely today. My monthly deposit to Newcastle Monument RS was sent last Saturday and was credited on that day.

Born2Save_3

Ecology BS

Thinking longer term and how to keep a relationship with Ecology, I looked at other accounts on offer, that could be used a membership retainer. Their Easy Access accounts have a minimum balance of £25 and state that the account will be closed if the balance falls below this. The RS terms state that if the RS matures it will become and Easy Access account. Interestingly the minimum balance of the RS is £10. So in a matured RS will the minimum balance increase to £25 ?

Also, I was pleased to see that Ecology have opened a branch in Porth, Rhondda Cynon Taf (RCT) :

https://www.ecology.co.uk/porth-branch/

And Ecology have Easy Access accounts supporting the RCT community :

https://www.ecology.co.uk/savings/community-savings-accounts/rct-community-impact-saver/

friolento

https://forums.moneysavingexpert.com/discussion/comment/82095611#Comment_82095611

You are right, both credited today 😃

SH88SH88

Newcastle RS

Newcastle RS1 looks to be NLA

castle96

RCT ?…………….

SonOfPearl

https://forums.moneysavingexpert.com/discussion/comment/82095673#Comment_82095673

Rhondda Cynon Taff

surreysaver

https://forums.moneysavingexpert.com/discussion/comment/82095628#Comment_82095628

I've kept membership of Ecology by keeping an old regular saver open with £10 in it

SonOfPearl

https://forums.moneysavingexpert.com/discussion/comment/82095628#Comment_82095628

I grew up in the Rhondda and I was surprised and pleased to see that they have a branch in Porth and an easy access account that supports the local area. I've opened the regular saver (a seamless process in my case) and I'm considering the community impact saver too.

earnwithme

RE: Manchester Regular Saver (Issue 2) and Newcastle Building Society (Issue 2)

Can I open easy access savers online on both then apply for the RS issues, or do I need a specific account with them both? As I can't travel to the branches.