Regular Saver Thread **New and Restarted**

gallygirl

Praise for Santander. RS matured, I went on line, opened a new one, set up standing order and funded first month in less than 5 minutes :j. Still 5% for World accounts .

Special_Saver2

Bobblehat wrote: »

Hi SS2

In the Matures after 12 Months, Requires Another Account section, first entry, for First Direct, on their appropriate web page, they say the gross interest is £97.50...... not £117. Are you factoring in something I missed? I made a note that my RS that matured last year grossed £97.31 ...... close enough within a day or so worth of interest!

Sorry if you've covered this before but searching came up with nothing in the many posts ... but that could just be me

YorkshireBoy wrote: »

£117 was the return when it paid 6% AER.

Thanks, I have deleted that line now from that account's entry.

SS2

Bobblehat

Thanks SS2 for updating and maintaining the thread.

mhoc

Please can anyone confirm whether or not that the Principality member regular saver bond 4% has gone :mad:

I cant see it mentioned on the website but I also cant find a closed accounts page. I was actually talking to a member of staff about 3 weeks ago and I mentioned it as it will be have been a member in 2 years time - another excellent account gone.

veryintrigued

mhoc wrote: »

Please can anyone confirm whether or not that the Principality member regular saver bond 4% has gone :mad:

I cant see it mentioned on the website but I also cant find a closed accounts page. I was actually talking to a member of staff about 3 weeks ago and I mentioned it as it will be have been a member in 2 years time - another excellent account gone.

Agree its gone from their site but..

Google 'Principality members regular saver 4%' and then print out the PDF and send it?

karlie88

Speculator wrote: »

Just made my 12th £500 monthly payment into this account.

Does anyone know if it allows a 13th payment?

Thanks.

Speculator wrote: »

Just had a reply to my email enquiry.

Good Morning,

The account was designed to take 12 payments, however if you send a payment before it matures on the anniversary of opening as I understand it, the account will accept it.

Hope this helps but if you need any further information please do not hesitate to contact me.

I made a manual payment of £500 on 1st April into my Chorley BS Reg Saver (my 13th payment).

I have logged into my Chorley BS online banking this morning and can see the balance of my reg saver is £6.5k and still earning 2.75% - so all is good.

I'm just looking after the pennies so that the pounds can look after themselves.

schiff

karlie88 wrote: »

I made a manual payment of £500 on 1st April into my Chorley BS Reg Saver (my 13th payment).

I have logged into my Chorley BS online banking this morning and can see the balance of my reg saver is £6.5k and still earning 2.75% - so all is good.

I'm just looking after the pennies so that the pounds can look after themselves.

I'm in the same position. Worth 36p to me compared with where the £500 now is. Can I be bothered?

mhoc

veryintrigued wrote: »

Agree its gone from their site but..

Google 'Principality members regular saver 4%' and then print out the PDF and send it?

From a reply to a message regarding 'Principality members regular saver 4%

"Thank you for your enquiry.
We withdrew this product from sale on Friday 16th March. All of our products are available for a limited time and can be withdrawn from sale at any point. We have no indication at this moment in time as to whether we will be putting a similar account put back on sale in future"

schiff

This may have been reported before but there is no new regular saver with Chorley BS. There is a new bond paying 1.6% which it was pointed out to me pays similar interest on the £6K maturity money for 12 months than a new RS at 2.5%. I've not checked the maths.

Maturity proceeds are only by cheque, a FP costs an eye-watering £25. A letter is coming in a short while about the maturity.

So that's £500 at 2.5% and £500 at 3% (Kent Reliance till I'm next in Kent) off the list. Sad times.

mhoc

schiff wrote: »

This may have been reported before but there is no new regular saver with Chorley BS. There is a new bond paying 1.6% which it was pointed out to me pays similar interest on the £6K maturity money for 12 months than a new RS at 2.5%. I've not checked the maths.

Maturity proceeds are only by cheque, a FP costs an eye-watering £25. A letter is coming in a short while about the maturity.

So that's £500 at 2.5% and £500 at 3% (Kent Reliance till I'm next in Kent) off the list. Sad times.

Agree its like trying to hold onto slippery fish - new Virgin 10 this month and also my Marks regular saver 5% is due to mature and renew but nothing to replace other accounts maturing later this year - Chorley 2.25% or the Principality loyalty saver bond 4%, the newer |Holmesdale regular savers have under two% interest so not worth renewing when my reg saver 3 matures and I've got 2 longer term ISA maturing this month so 2 new starts and 5 accounts not being replaced on maturity ...