The Top Regular Savers Discussion Thread

ordnancesurvey84 · 15 February at 2:03PM

On the topic of Zopa, it's undocumented but I've figured out a way to do manual payments, so I assume standing orders, to their regular saver.

It does need to be from one of your "linked accounts" so verified with open banking or a statement
Make a payment from your Zopa bank account (not sure if it works with other accounts? not tried) to the regular saver in the app
There will be a reference formatted "Saver xxxxxxx" on the payment
Use that reference along with the account number/sort code for the Smart Savings Hub (not the bank account) (Add money -> Manual transfer details)

Re: Zopa Regular Saver

This advice works - many thanks @figgyc

Finally able to pay deposits directly into the regular saver without having to first pay in to the Smart Savings Hub.

(All my regular savers are paid out of Chase with which I cannot setup Autosave).

WillPS · 15 February at 2:16PM

https://forums.moneysavingexpert.com/discussion/comment/81885699#Comment_81885699

I'd be very careful about this approach. The reference is intentionally dynamic.

WillPS · 15 February at 2:19PM

https://forums.moneysavingexpert.com/discussion/comment/81885436#Comment_81885436

Principality Maturity Option Abuse

To be clear - no judgment is intended or inferred. I have several Issue 4s myself.

My point is this is a legal grey area, and thus shouldn't be discussed here. It also seems unwise to even try it any more given they've taken action to put a stop to it.

Bridlington1 · 15 February at 2:19PM

https://forums.moneysavingexpert.com/discussion/comment/81885639#Comment_81885639

They're not launching another Healthy Habits account and Winter Maturity RS to mu knowledge. I guessed the links to the 6 Month RS Issue 5 and RS Issue 37 before they were launched (never applied for them early I must stress, I only mentioned it to give people advanced notice they were going to be launched).

Someone using the same logic rediscovered the application links for the Healthy Habits RS and Maturity Winter RS that were available a couple of years back and incorrectly assumed they were new accounts, that's where that rumour came from.

Archerychick · 15 February at 2:24PM

https://forums.moneysavingexpert.com/discussion/comment/81885564#Comment_81885564

I also need to free up some money soon. This is to get some funds back into my flexible ISA before end of the tax year.
I have the other challenge of not wanting any interest to be brought forward so my plan is to withdraw from the lowest paying first, where money can be taken out. There are a couple I’d like to refresh which includes the Monmouthshire, but I’ll withdraw funds late March, and then refresh it once in the new tax year (assuming it’s still available of course). So sounds like we have the same balancing act to do!

Bridlington1 · 15 February at 2:39PM

https://forums.moneysavingexpert.com/discussion/comment/81885717#Comment_81885717

It's worth noting with Monmouthshire that the account term begins from the date the account if first funded rather than the date opened, so if you apply on, say, 10th March, you could fund on 7th April and have the account mature in the 2027-8 tax year. Skipton's the same plus a handful of others.