The Top Regular Savers Discussion Thread

kermchem

https://forums.moneysavingexpert.com/discussion/comment/82099882#Comment_82099882

Beverley BS RS issue 2 arrived 6 July and went on 7July.

Eco_Miser

https://forums.moneysavingexpert.com/discussion/comment/82099882#Comment_82099882

I asked nicely if I could open Issue 2 but no joy. Apparently Issue 2 was only available for 1 or 2 days, and short availability of Issue 2 was why Issue 3 was created and offered. Not sure if this makes sense but is what I was told.

It would make sense if they discovered an exploitable ambiguity or omission in the T&Cs. Make Issue 2 NLA sharpish, fix and review the T&Cs then offer Issue 3.

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/82099910#Comment_82099910

Issue 2 terms were identical to Issue 1 terms as far as I'm aware (that also had a short window of availability, circa 6 months before Issue 2 if I recall correctly.)

It seems likely that they have simply decided to stop offering an open ended product, since this Issue 3 matures after 12 months. I believe Issue 2 was available at the same time as a matures after 12 month ISA version, so they could have made the change to be consistent I guess.

Eco_Miser

https://forums.moneysavingexpert.com/discussion/comment/82099928#Comment_82099928

I was just speculating on what @Born2Save_3 was told

Bridlington1

https://forums.moneysavingexpert.com/discussion/comment/82099928#Comment_82099928

Beverley BS RS Issue 1 had a max monthly deposit of £150, Issue 2 had a max deposit of £500/mth. It'll be interesting to see how the interest rates for issue 1 and 2 hold up over the coming years though.

Something to bear in mind though is that if withdrawing from issues 1 or 2 in 2027 the optimum time to withdraw to minimise your interest losses is as early in the year as possible. New Year's Day falls on a Friday, thus any withdrawals would get pushed to 4th January at the earliest, leaving you earning 1% on the funds for 3 days.

I don't know if it'd be possible to get them to do a withdrawal (directly or indirectly) in branch on Saturday 2nd January, or even if they'd be open on that day, but Beverley's a lovely town if you fancy a day out.

Speculator

Monmouthshire regulars fast approaching maturity and my nominated account is with Lloyds.

Just wondering if anyone have used the app withdrawal facility to transfer money to bank account that is not their original nominated account?

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/82100378#Comment_82100378

Last year yes, hoping to do the same this time around. Online is nominated only I believe.

flaneurs_lobster

https://forums.moneysavingexpert.com/discussion/comment/82099718#Comment_82099718

Just had notification that my RS is good to go. Don't often use browser on phone to access fin accounts but did here - Chrome on Galaxy is utterly unusable.

ToastLady

https://forums.moneysavingexpert.com/discussion/comment/82100392#Comment_82100392

ESBS

Just had notification that I'm good to go too, although no account showing yet.
I never use Chrome for anything unless I am stuck. Prefer to use Brave (chromium based) on Xiaomi phone and that seems to work fine, albeit do any financial online stuff (not app based obviously) on laptop if I can.

Section62

https://forums.moneysavingexpert.com/discussion/comment/82100447#Comment_82100447

although no account showing yet.

You might need to use the "add account" function at the top of the account list.