Regular Saver Thread **New and Restarted**

badger09

Mee wrote: »

Info. gleaned from recent visit to VM: accounts/products list from newly 'merged' company expected Sept/Oct 2019, and reg. saver expected to move back online (possibly exclusively).

I really hope so.

Nearest VM branch to me involves 2x20 minute walk + 20 minute train, or 25 minute drive + car parking:cool: But what really puts me off is its in the town where I used to work, such a depressing place:(

schiff

Based on historical dates there could be a store version due early August, but this seems to cast doubt on the likelihood.

typistretired

Yorkshire Bank offer terrible savings accounts let's hope the merger doesn't mean Virgin savings rates plummet.

adindas

typistretired wrote: »

Yorkshire Bank offer terrible savings accounts let's hope the merger doesn't mean Virgin savings rates plummet.

I got the letter from VM a few week a go expalining this. Under Clydesdale/Yorkshire management, people will be lucky if they will still get the current offer of RSA.

surreysaver

Mee wrote: »

Info. gleaned from recent visit to VM: accounts/products list from newly 'merged' company expected Sept/Oct 2019, and reg. saver expected to move back online (possibly exclusively).

But don't assume that the bi-monthly Regular Savers will continue. They might change it so that you can only have one, similarly to most other Regular Savers, or they might not have a RS at all.

mhoc

I have a Principality regular saver issue 18 maturing in August. Please can I ask will a 13th payment of £500 be accepted or will it bounce back? I have 12 payments in the account now.

Just wondering if I should close the standing order now or let it run for another month.

Looking at the account online and the maturity instructions its not giving me the option to do a partial re-invest and then to start a new regular saver bond.
I have though had a letter and in theory I could complete the maturity instructions via this letter and see if its accepted.
Mind you I already have an issue 19 - but I wondered if there was a work around.

ctdctd

mhoc wrote: »

I have a Principality regular saver issue 18 maturing in August. Please can I ask will a 13th payment of £500 be accepted or will it bounce back? I have 12 payments in the account now.

T&C's say "The maximum balance is £6000"

karlie88

mhoc wrote: »

I have a Principality regular saver issue 18 maturing in August. Please can I ask will a 13th payment of £500 be accepted or will it bounce back? I have 12 payments in the account now.

Just wondering if I should close the standing order now or let it run for another month.

Looking at the account online and the maturity instructions its not giving me the option to do a partial re-invest and then to start a new regular saver bond.
I have though had a letter and in theory I could complete the maturity instructions via this letter and see if its accepted.
Mind you I already have an issue 19 - but I wondered if there was a work around.

I tried a 13th payment once and it bounced back the next day.

I think it's not giving you the partial re-invest option into a new reg saver because you already have Issue 19.

Principality BS seem quite 'on it' with their terms so I think it'll be unlikely for the paper form option to work with re-investing into a Reg Saver Iss 19.

On a side note, I tried to apply for a 2nd sole Reg Saver of the same issue a few years ago - account opened online and funded but then a week later it got closed.

eddie7612

My HSBC regular saver is maturing in 10 days. I remember last year that it took about 5 days post maturity for them to open a Flexible Saver and transfer the funds into. Is it worth opening a flexible saver before it matures to speed up the process? I don't have the flexible saver from last year any longer.

schiff

eddie7612 wrote: »

My HSBC regular saver is maturing in 10 days. I remember last year that it took about 5 days post maturity for them to open a Flexible Saver and transfer the funds into. Is it worth opening a flexible saver before it matures to speed up the process? I don't have the flexible saver from last year any longer.

Don't you have a current account with them? It will go in there.

My recent experience went like a dream (post 2530).