The Top Regular Savers Discussion Thread

friolento

https://forums.moneysavingexpert.com/discussion/comment/82113723#Comment_82113723

Just in case there’s now anyone else left with an old Halifax RS: as long as you still have a working Halifax login, you can replace it with the 8% in minutes. After renewing to an Everyday saver, you just log out and log in again, and you can then apply for the 8% one. No need to wait for a day. Though if you prefer, you can obviously leave it until next day, and hope your login will still be working then.

Nick_C

Monmouthshire RS

OK, this is weird.

My RS matured last Saturday. On Friday I withdrew £11999. On Saturday, following maturity, I decided to use the closing balance to open a new Iss 8 RS, £500 pcm, 6%.

When I opened the App Exclusive RS Iss 1 a year ago, I accidentally opened two accounts. Knowing that you can only have one account, I never funded the second one.

On Saturday, when I applied for the new RS in the app, it said my account was open and gave me the account number. I transferred the closing balance into it, not realising that the account number it gave me after applying for a new account was the second AERSI1 that I accidentally opened (but never funded) a year ago.

So I now have a newly funded Issue 1 account with just short of £500 in it, with an interest rate of 7%.

Looking back at the T&Cs for the Issue 1 account, the 12 month term starts from the day you first fund the account.

Just wondering whether to stay under the radar and only fund it with £500 a month, or max it out to £1k!

surreysaver

https://forums.moneysavingexpert.com/discussion/comment/82113787#Comment_82113787

The Monmouthshire app was glitching this time last year when the launched it. I too have had two App Exclusive Issue 1s. One matured at the weekend, and my other fully funded matures the middle of next month

flaneurs_lobster

Just wondering whether to stay under the radar and only fund it with £500 a month, or max it out to £1k!

Wolf/lamb.

Don't imagine that £500 is further down the radar than £1k.

Rheumatoid

https://forums.moneysavingexpert.com/discussion/comment/82113764#Comment_82113764

Yes, already had Halifax RS and was also offered Lloyds RS in the Lloyds app when I switched.

mrcrumb

Nationwide Flex Regular Saver. Can anyone confirm/deny if this account allows a 13th payment to make a maximum balance of 2600 please.

allegro120

https://forums.moneysavingexpert.com/discussion/comment/82113917#Comment_82113917

Yes, Nationwide RS allows 13th payment. I always had £2600 balance at the end of 12 months.

janusd

https://forums.moneysavingexpert.com/discussion/comment/82113787#Comment_82113787

i'm in the exact same boat as @surreysaver - app crash during opening, two accounts - though I didn't fund that second account until a month later - I assume there was a discussion about doing this in the old RS thread at the time - both accounts now have £12k in them, so if it were me, I would just continue funding the full £1k a month until maturity.

chris_the_bee

https://forums.moneysavingexpert.com/discussion/comment/82113718#Comment_82113718

Manchester

Yes, mine does as well, although also didn't proceed.

fuzzzzy

https://forums.moneysavingexpert.com/discussion/comment/82113787#Comment_82113787

Monmouthshire RS

I had a similar glitch after I closed my issue 8 and tried to open a new issue 8 in the app. It said my application was successful and have me an account number which I wrote down. I could not see a new account in the app so gave it a day. When I looked the next day there was still no new account there but I realised the account number it had given me for the new account was actually the account number of my fully funded exclusive issue 1 account which is due to mature the end of this month. So I just applied again and a new issue 8 was opened without any problems.