The Top Regular Savers Discussion Thread

friolento

https://forums.moneysavingexpert.com/discussion/comment/81903811#Comment_81903811

Whilst I am not turning down a 7.5% account myself, it really is nothing extraordinarily special as you can put some £1,600 a month into 7% and 7.1% accounts. So the extra you can make on £600 in the 7.5% accounts is just a couple of quid. Not something to make a huge amount of noise about, IMO, even if you are, like myself, an avid collector of Regular Savers (which I also don't think warrants a huge amount of noise, or even a separate thread). I appreciate that different people have different opinions and that some seem to want to make absolutely sure that the providers learn about every last trick so that loopholes can be closed faster……..

I totally agree, we do need some new Regular Savers so the endless P noise can take a backseat.

Pickledonionlover

https://forums.moneysavingexpert.com/discussion/comment/81904225#Comment_81904225

My thoughts are it's a very different conversation if people have multiple issue 4s and 5s and this multiplicity of accounts for legacy customers is now deemed as legitimate for rollovers.

Running with, say, five of these at £1000, in total, deposits a month especially if it's in conjunction with other high paying PBS and non PBS accounts isn't to be sniffed at.

I hope the bitterness and entrenchment that's appeared on here soon passes from both the pro and anti PBS posters and we can continue to work together to unearth more nuggets.

It's still a fantastic thread and we're very fortunate to have Brid guiding us.

Enjoy your weekend folks - looks like it may be start of a dry period around here!

kuepper

Looks like the Virgin Money fixed 6.5% has been pulled but still showing on MSE main site

Bridlington1

https://forums.moneysavingexpert.com/discussion/comment/81904575#Comment_81904575

It went NLA on Friday. P1 of this thread has reflected it since then.

jaypers

https://forums.moneysavingexpert.com/discussion/comment/81904642#Comment_81904642

I paid £500 to my RS 8 and no messages. Not showing yet but not expecting to see anything until tomorrow.

s71hj

RBS /Natwest RS

AM I correct that if I withdraw from these I can replenish them back to the full amount it was at prior to the withdrawal as long as I do so in the same month?

Bridlington1

https://forums.moneysavingexpert.com/discussion/comment/81905043#Comment_81905043

At one point their systems allowed it but I seem to recall there have been reports of this no longer working and payments back in getting rejected.

There is however nothing to stop you withdrawing down to around £4660 then replacing £150 at the end of this month followed by another £150 at the start of April, with interest and the £5/mth from the reward account not counting towards the £150 monthly limit.

s71hj

https://forums.moneysavingexpert.com/discussion/comment/81905085#Comment_81905085

Tbh I need the full amount for tomorrow's standing orders because a couple of withdrawals from isas won't arrive in time for tomorrow's monthly standing orders. It's about time I bit the bullet and withdrew RBS and Natwest down anyway if I'm honest as we have £20000 capacity available in Edge savers much of which is unfilled every month now as the Monmouth accounts draw on our funds and Edge saver easily beats Natwest and rbs

mhoc

https://forums.moneysavingexpert.com/discussion/comment/81904603#Comment_81904603

I think the Virgin regular saver has gone forever as part of the amalgamation process - very glad that I picked up on the discussion earlier in February and closed mine and then reopened a fresh new Virgin regular saver so at least I have it for the next 11 months.

But following on from Virgin regular saver being NLA I've also started to get twitchy again about my Nationwide regular saver which is now on month 7 …. again I am pondering weather to close and reopen a new Nationwide regular saver at 6.50% variable - a small amount of risk as it would mean waiting for the next day.

This rate could easily drop but at least I would have the Nationwide regular saver account for another 12 months if Nationwide decided to also go NLA.

There is another Bank of England meeting on the the 19th of March with predications of another interest rate drop …

s71hj

https://forums.moneysavingexpert.com/discussion/comment/81905189#Comment_81905189

It's doable legitimately for a couple but now I'm scared to say how for fear of the consequences!!