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The Top Regular Savers Discussion Thread
Comments
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Both Newcastle and Manchester 5.75% RSs opened this evening (they're not NLA yet). Anyone know how long I have until I need to fund them?
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I think it is 30 days for both of them.
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My Newcastle e-mail says 14 days.
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My Manchester email says 28 days
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Darlington - just reviewing the forthcoming jobs and realised that Darlington esavers mature at the end of August and on the website there is no esaver to replace it so far …just the standard low paying Darlington regular saver which I already have.
Yorkshire - another building society that seems to have slipped below the waves.
Newcastle regular saver 1 - looking at the website but not logged on its not showing on the available list now just the regular saver 2. I think that ship has now sailed - no longer possible to close issue 1 and refresh - pity about this. But its only 5.10% so if funds get tight before the October maturity date is will be culled anyway.
“Create all the happiness you are able to create; remove all the misery you are able to remove. Every day will allow you, --will invite you to add something to the pleasure of others, --or to diminish something of their pains.”0 -
Hahaha, you'd think they would be the same.
I deleted my Mancs e-mail as I'd already screenshot the account details.
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As posted by @bridlington1 up thread
The Newcastle application link for RS1 is still (currently) available:
https://services.newcastle.co.uk/applications/apply?productId=NCLRSA1
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But account closure'd take place the next working day for Newcastle so if wanting to refresh you'd be better off hanging fire till tomorrow in case the link gets killed in the meantime.
It's a risk either way though at this point given we can't tell how long the link'll last, personally if I held issue 1 already I wouldn't be refreshing unless it had a minimal balance and was due to mature soon, otherwise if there was a chance I'd use it before maturity, I wouldn't risk it.
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And at only 5.15%, would there be much benefit to refreshing? It's very different to the 5.4% Manchester Issue 1 which has favourable conditions of maturing after 2 years and accepting £500 per month.
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there was/is a Newcastle BS equivalent of the Manchester BS Issue 1 launched a month after MBS1 - their Monument RS (mentioned on p1) - I think initially available online, now effectively one branch only opening… but I think the terms/rate are the same as MBS1.
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