The Top Regular Savers Discussion Thread

janusd

@Bridlington1 - appreciate you cannot update p1 yet, but a headsup that new/replacement issues of Chorley BS RS and 2-Yr Regional Saver launching on Sunday 1st Nov - though everything looks the same as previous issues to me as current issue (e.g 5%, £400 pm etc).

mhoc

https://forums.moneysavingexpert.com/discussion/comment/82186859#Comment_82186859

Chorley regular saver - interesting that there is a new version imminent. is it safe to assume you can only have one version of the regular saver at one time even though they would have different issues numbers?

My ongoing Chorley regular saver - OK at 5% it is not the most exciting but still better than the easy access rate - it matures in May 2027. May 2027 has plenty of regular savers maturing so lack of funds to feed the June 2027 regular saver standing orders is not an issue. Reading the terms and conditions it seems that I can close the ongoing Chorley regular saver and then open the newest version - is this correct? If so that would then give me a regular saver maturing in November 2027 which at the moment only has one other account maturing so it would fill the gap.

Not sure yet about refreshing the Chorley 2 year regional saver which matures in March 2027 - possibly waiting until December ….

(November 2026 is going to be a stretch, just enough to pay the November 2026 regular saver standing orders but then also a massive credit card bill in the 1st week has ruined the calculations)

Yorkshire Christmas saver - accounts held by both myself and OH - I am waiting until Monday to close and withdraw - its going to pay the massive credit card bill anyway so the timing is good.

happybagger

"is it safe to assume you can only have one version of the regular saver at one time even though they would have different issues numbers?"

This is correct. In fact they don't refer to any as different "issue numbers", so the account name never changes.

"Reading the terms and conditions it seems that I can close the ongoing Chorley regular saver and then open the newest version - is this correct?"

Again, correct.

One thing I like about their maturity options is they allow you to carry £400 forward from the old one along with a new deposit of £400 on the final day, the next day a new deposit of £400 can be made. So pretty much £800 in one go into 5%.

Zippy29

West Brom Winter Ready Savings Account

Matured and payout received to nominated account. I think they've paid out early due to the weekend.