The Top Regular Savers Discussion Thread

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/82117493#Comment_82117493

NatWest/RBS Reward funding

They downgrade your account to Select if you don't pay in £1,250 per month, don't they?

clairec666

https://forums.moneysavingexpert.com/discussion/comment/82117501#Comment_82117501

Buried deep in NatWest's T&Cs for the reward account:

If you open your Reward account from 26 June 2017 onwards, you must pay at
least £1,250 in total every calendar month into any personal current account(s)
you hold with us (excluding a Foundation account or a current account mortgage
product). The £1,250 can’t be paid in from a current account or savings account
you hold with us.
If you don’t meet these criteria, we may convert your Reward account to a Select
account (which means you’ll stop earning Rewards).

Sounds like they might not be too strict at enforcing the terms @pecunianonolet may have slipped through the net.

pecunianonolet

https://forums.moneysavingexpert.com/discussion/comment/82117501#Comment_82117501

https://forums.moneysavingexpert.com/discussion/comment/82117513#Comment_82117513

I have never followed the pay in criteria on both, RBS and Natwest and neither has OH and we always got our rewards. I actually wasn't even aware that there is one. We joined them for their switch offers in Feb 23 and I've been using some credit cards for their 0% offers for stoozing. OH just for ongoing rewards and we used the regular savers when the rate was actually attractive. We basically cycle £20 through and withdraw end of the of the month from Moneybox/Plum and withdraw the rewards when available.

Even filling up the regular savers within a few weeks by doing the max 99 x £0.01 transactions via Paypal has worked without a hitch twice for both of us with no issues.

It would make sense to add them to my beginning of the month money go around loop moving forward but I guess it has worked for years now without so I think I am fine keeping it that way.

Bigwheels1111

Anyone else having trouble moving virgin money reg saver out to another bank.

Tried a direct transfer & moved to main Virgin account but still no luck.

Any advice would be welcomed.

snookerloopy96

https://forums.moneysavingexpert.com/discussion/comment/82117595#Comment_82117595

I know they've added the interest, my guess is we need to wait for it to be 'converted' into an instant savings account.

Could be wrong but as it still states RS thats my first thought.

snookerloopy96

As I'm anticipating a fair bit today I was going to top up a couple of my regular savers.

As its a BH weekend will the Earl Shilton RS be credited on the same day?

Only put a token amount in originally but I don't want to put hundreds in if it rolls over to Tuesday before earning interest (I know its pittance but old habits plus if it does it might be counted as my Sept allowance).

Many thanks in advance.

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/82117599#Comment_82117599

If you can actually access the money today you should be fine. I funded Earl Shilton on Wednesday at around 5pm given the late arrival of the money from Monmouthshire. Didn't show online that day but was dated 26th when it appeared.

Bob2000

Virgin money RS when does it convert in easy access?

I just took a look at my virgin RS, and the interest was added £120.88 13th payment, but it's still showing as a regular saver. I'm sure last year it converted into an easy access account overnight.

qbadger

Virgin Money

Is today the last day of the regular saver account, or has it already ended?