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The Top Regular Savers Discussion Thread
Comments
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My issue 4 matures on the 28th Feb… just looking back 28th August 2025 was a Thursday so think it was then
Save £12k in 2020 #42 £12,551.25 / £14,000 89.65%1 -
Thanks both - that confirms my suspicion that it was going to be a roughly 6 month turnover then.
🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25
Balance as at 31/08/25 = £ 95,450.00 at 31/12/25 = £ 91,100.00
Balance as at 31/08/26 = £ 84,500.00
SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her0 -
Launched 28th Aug, so 5 months and 15 days.
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Me neither but, as the post above mine already said the same thing, I didn't see the harm. Besides, I expect it would add a lot of extra admin for staff to manually check all new applications to see if the applicant has already chosen a similar renewal option for a maturing account. At the end of the day, if it's rejected, I'll lose about £8 interest by having to put the money elsewhere so it's hardly the end of the world.
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Sorry to sound dumb, but what is COP an abbreviation for?
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Confirmation of Payee
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Standing orders Feb 28th 2026
If anyone funds their Regular Savers by standing order on 28th of the month; due to the weekend they are likely to be paid NEXT MONTH ie in March.
(I have a couple of minimum payments go out 28th as this is pay day and usually safe.)Issue is:
a) missing a monthly payment (Ts&Cs)
b) overpayment in March
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https://forums.moneysavingexpert.com/discussion/comment/81881277#Comment_81881277
Which is why a lot of regular saver T&Cs state standing orders should be no later than 25th of the month. It's to cater for February.
I consider myself to be a male feminist. Is that allowed?5
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