The Top Regular Savers Discussion Thread

KneadtheDough

https://forums.moneysavingexpert.com/discussion/comment/82114608#Comment_82114608

Yes, as far as this comment from @clairec666 mentions (scroll down to the Nationwide bit):

https://forums.moneysavingexpert.com/discussion/comment/82103548#Comment_82103548

clairec666

https://forums.moneysavingexpert.com/discussion/comment/82114608#Comment_82114608

T&Cs say you can withdraw and replace within the same month, as long as your balance does not increase by more than £200 each month. That would imply that you can withdraw everything, i.e. if you're account's been going for a while and you've got £2000 in it, you can withdraw the whole lot and put it in again before the end of the month. I've never done this but surely someone else can confirm. Also check the weekend / bank holiday payment situation so you don't get caught out.

snookerloopy96

Thankyou both, I did look at terms and conditions but couldn't find the crucial bit.

I did/do think you can but wanted to be sure.

Thanks again!

allegro120

https://forums.moneysavingexpert.com/discussion/comment/82114464#Comment_82114464

Rightly or wrongly, I left Lloyds at its current state. My 5.25% matured not long after they've restricted to one only, so I couldn't renew it anyway. My Club is maturing 6th March, long way to go, but I decided to let it run to maturity. According to my calculation (providing Cahoot keeps the rate until then), I could gain £16 if I closed the old Club and opened new RS, but not brave enough to risk🙂 It was easy to make this decision with BoS because I wouldn't be too disappointed loosing 5.5%.

allegro120

https://forums.moneysavingexpert.com/discussion/comment/82114516#Comment_82114516

MonBS

Due to a glitch, I ended up with two identical accounts. One worked and has now matured. The other one didn't, I tried to fund it three times, but every deposit was returned the next day. The account eventually disappeared from the app. I guess it's just a matter of luck, like with Principality where some people could get multiple accounts and others didn't. I was lucky to renew most of mine when the crackdown was already in place, at the peak I had 6 6Ms and 2 Christmases.

crumpet_man

https://forums.moneysavingexpert.com/discussion/comment/82114516#Comment_82114516

I also had four of the MonBS 6% accounts. I'm sure some people managed to get multiples of the 7% £1k per month account too.

35har1old

https://forums.moneysavingexpert.com/discussion/comment/82114464#Comment_82114464

As Halifax is in transition to Lloyds it might be tbe case of only having 2 8% accounts allowed in the coming months BOS and Lloyds

janusd

Re: MonBS App Exclusive - my first account has matured into an EA account and I withdrew the whole balance earlier today… upon checking my nominated account tonight, I found that the sum transferred was greater than the sum I entered (the full balance) by 48p - also, the account is no longer showing on the app… I can only assume that they have closed the account and the difference is the interest earned in the EA account over the last few days - I guess it will likely be removed from online banking tomorrow.

I know the min balance for these EA accounts is £1, but when my RS8 matured into an EA account last month, I did exactly the same thing in withdrawing the full balance - except that time I received the full RS balance, and the EA account still remains open with a zero balance.

I do have a secure message with them asking about whether they send statements in the post upon closure (not that I was expecting them to close this account themselves when I sent it) - so will await their response to that before chasing this - printing transactions / interest statements not an option if the account is closed.

csw5780

https://forums.moneysavingexpert.com/discussion/comment/82114390#Comment_82114390

yes the new(ish) 8%one

s71hj

Natwest and RBS RS

Does anybody have any recent experience of putting previously withdrawn funds back into natwest and rbs regular saver? No doubt like many on here I increasingly scrambled to be able to fund my RS accounts with the high monthly amount Monmouthshire could take and raided both but now so many have matured I suddenly have funds that have no better alternative than RBS and Natwest