The Top Regular Savers Discussion Thread

masonic

https://forums.moneysavingexpert.com/discussion/comment/81889024#Comment_81889024

They have previously not picked up on incentives across different brands, so likely to be successful, but certainly no grounds for complaint if excluded.

Eldi_Dos

What would happen if you inadvertently paid more than the monthly allowance into a Regular Saver type account ?

flaneurs_lobster

https://forums.moneysavingexpert.com/discussion/comment/81889287#Comment_81889287

It varies, but most commonly the payment that takes the monthly total over that allowed is returned.

x44

Either the extra funds above the limit or possibly the whole payment complete will be returned to you is the most likely result along with a warning email.

If you continue to do it in other months then the result will probably be that your account will be closed and all funds in it returned to you.

KneadtheDough

Co-operative RS

My Co-Op regular saver is due to mature at the beginning of March. Am I correct in thinking that this is one that doesn't allow a 'refresh' / 'renewal' as it only allows one saver per 12 months of current one being opened?

gt94sss2

https://forums.moneysavingexpert.com/discussion/comment/81889795#Comment_81889795

You can just open a new RS once your existing account matured.

Coop are not the quickest at opening new accounts so there is no benefit to trying to close and reopen an account as some here do.

RosieRooBear

Monmouthshire R/S 8

For anyone looking to free up funds to replace into their flexible ISA, only has one of this account & doesn’t mind the interest payment in 25/26, very painless to close and reopen. Can’t do it with hubby’s account as he has two R/S 8’s.

All done via the App: Request to withdraw funds at 10am, funds disappeared by 12pm so sent message to close account. Account was closed by 2:30pm and I opened a new R/S 8.

Haven’t received funds into bank yet but should be there by 5pm.

Edited to note that funds and interest received at 4:15pm

snookerloopy96

https://forums.moneysavingexpert.com/discussion/comment/81889983#Comment_81889983

Is this the one that pays 6%?

Edit - got on to check, it is. Useful to know, thanks.

Bob2000

MANSFIELD B.S.

MY MILESTONE SAVER 6% QUESTIONS.

I've never opened a savings account by post before, but I am tempted by this one.

So, l initially send off an application form and cheque, then l assume I will receive a physical passbook later.

Once l get the passbook, will l be able to register online?

So will l then be able to fund the account via bank transfer for the rest of the term?Then at maturity, do l get a cheque or will it be possible to send to my own account?

fonesaver

https://forums.moneysavingexpert.com/discussion/comment/81890062#Comment_81890062

Yes once you get your account number you need to add this manually to your online account (after registration for online access). The account will appear as pending until it's approved, normally takes a day.

Yes you can payin via bank transfer. Credits will show on the following working day.