The Top Regular Savers Discussion Thread

Bridlington1

P1 of this thread

Just a quick note to say I haven't forgotten about p1 of this thread, it's been a rather busy few days not helped by a mild case of food poisoning at the worst possible time. For now I note the following:

• There's new issues of both the Chorley BS RSs at the same rate but different maturity dates.
• The two Suffolk BS RSs have new issues at the same rate
• Virgin have come up with another Exclusive RS at 6.5%

I'll update p1 of this thread tonight in case any more RSs get launched today.

Apologies for any inconvenience this may cause, normal service should be resumed from tonight.

ToastLady

Hanley

Thanks @clairec666 and @jaypers
I think I opened Hanley at same time as another account elsewhere, so no chance of remembering application details now. I do have a copy of TAR10 on laptop, but it doesn't say anything there about interest being paid out or staying. It's not a problem anyway, am quite happy for it to be in RS account. I really should start adding such details when opening an account, although I do invariably opt for interest to be paid to the account itself if that option is available.

clairec666

https://forums.moneysavingexpert.com/discussion/comment/82123972#Comment_82123972

No need to apologise. Hope the house purchase went smoothly in the end, and once the food poisoning is out of your system you can enjoy your new place properly.

Virgin - they previously offered a new issue in February, May, August, November, from what I recall (I've got a February maturity) and it was available for a month before being withdrawn. When a new issue didn't appear in May I assumed that it had fallen by the wayside with the Nationwide merger. Looks like I was wrong though, and they're continuing to offer one every 3 months, but now it's March, June, September, December. Well, we'll see if it continues in that pattern!

As previously, it's a set maturity date at the end of the month, rather than an exact year from opening/deposit, which will no doubt confuse a few people in a year's time.

Bob2000

Virgin RS3 Closing the Everyday saver

If it's any interest, l successful closed the Everyday Saver, which my RS3 converted into on maturity. Filled in the form on the app (says for current account) on Sunday, 30th August. Closed just after 9am today.

clairec666

https://forums.moneysavingexpert.com/discussion/comment/82123992#Comment_82123992

I can't see why I would ever choose for interest to be paid away (unless it was for a very long-term fix which I don't really use anyway), best option is to have it paid back into the regular saver and keep earning a nice chunk of interest on my interest.

I can't recall any regular savers which force you to have your interest paid away to an external account, but if so I'd make a note on my spreadsheet.

Speculator

https://forums.moneysavingexpert.com/discussion/comment/82123353#Comment_82123353

Earl Shilton

Received email yesterday to say that both my £500 payments will be returned and that I must pay in £500 from my nominated a/c by 16th Sept.

£500 was returned yesterday and £500 returned this morning. Logged in ESBS at 9.30am and it still shows a balance of £1000.

I've now made a £500 payment to ESBS from my nominated account and I have asked them if I could deposit £1000 or £500 for this month.

Edit:

Just received message to say I can only pay in £500 for September but my account will run for an extra month to allow the 12 payments.

snookerloopy96

https://forums.moneysavingexpert.com/discussion/comment/82123951#Comment_82123951

Yes I must have, most likely because I didn't catch on to there being this sort of interim payment before the account matured.

Still nothing yet so just waiting.

janusd

https://forums.moneysavingexpert.com/discussion/comment/82121437#Comment_82121437

Re: Saffron Members Month - not to go off-topic and apologies if already mentioned, but there are no loyalty regular savers announced, they have instead launched two 1-yr fixed-rate bonds - one for adults, another for children (17 or under).

clivep

https://forums.moneysavingexpert.com/discussion/comment/82123992#Comment_82123992

Hanley

On the application form the question asked was "Where would you like your interest paid" and I selected the option "This account being applied for".

GetRichOrDieSaving

https://forums.moneysavingexpert.com/discussion/comment/82124187#Comment_82124187

yes I think I’m in this same boat, just not sure why it hasn’t landed in my nominated account yet which is causing the unnecessary concern.