Regular Savings Accounts: The Best Currently Available List!

PowerSavingMode

mebu60 said:

jaypers said:

Looks like the interest for the YBS Christmas Regular Saver has been credited today. Mine showing as £40.95

I'm planning to close on Thursday and transfer out so that I get the funds on Friday rather than next week. 

Re:  YBS Christmas Regular eSaver 2024

Doesn't it mature on Thursday (31st) and automatically transfer into an easy access account on the same day?

Dizzycap

DJDools said:

mebu60 said:

jaypers said:

Looks like the interest for the YBS Christmas Regular Saver has been credited today. Mine showing as £40.95

I'm planning to close on Thursday and transfer out so that I get the funds on Friday rather than next week. 

Re:  YBS Christmas Regular eSaver 2024

Doesn't it mature on Thursday (31st) and automatically transfer into an easy access account on the same day?

Yes, it's suppose to

changearound1

Dizzycap said:

DJDools said:

mebu60 said:

jaypers said:

Looks like the interest for the YBS Christmas Regular Saver has been credited today. Mine showing as £40.95

I'm planning to close on Thursday and transfer out so that I get the funds on Friday rather than next week. 

Re:  YBS Christmas Regular eSaver 2024

Doesn't it mature on Thursday (31st) and automatically transfer into an easy access account on the same day?

Yes, it's suppose to

It becomes an Easy Access account on Nov 1.

Bridlington1

DJDools said:

mebu60 said:

jaypers said:

Looks like the interest for the YBS Christmas Regular Saver has been credited today. Mine showing as £40.95

I'm planning to close on Thursday and transfer out so that I get the funds on Friday rather than next week. 

Re:  YBS Christmas Regular eSaver 2024

Doesn't it mature on Thursday (31st) and automatically transfer into an easy access account on the same day?

It becomes an EA account on 1/11/24. Given that withdrawals from YBS arrive the next day this would mean the funds won't arrive in your nominated account until Sat 2/11/24 if you waited till it had converted before withdrawing, thus if you are wanting to use the funds to feed other regular savers I'd advise closing it early at some point on 31/10/24 to ensure your funds arrive on time for the regular savers.

PowerSavingMode

Bridlington1 said:

DJDools said:

mebu60 said:

jaypers said:

Looks like the interest for the YBS Christmas Regular Saver has been credited today. Mine showing as £40.95

I'm planning to close on Thursday and transfer out so that I get the funds on Friday rather than next week. 

Re:  YBS Christmas Regular eSaver 2024

Doesn't it mature on Thursday (31st) and automatically transfer into an easy access account on the same day?

It becomes an EA account on 1/11/24. Given that withdrawals from YBS arrive the next day this would mean the funds won't arrive in your nominated account until Sat 2/11/24 if you waited till it had converted before withdrawing, thus if you are wanting to use the funds to feed other regular savers I'd advise closing it early at some point on 31/10/24 to ensure your funds arrive on time for the regular savers.

Thank you. I'll probably set up a withdrawal (haven't withdrawn so far) for the Thursday, then, and leave in £1 or thereabouts.

mebu60

DJDools said:

mebu60 said:

jaypers said:

Looks like the interest for the YBS Christmas Regular Saver has been credited today. Mine showing as £40.95

I'm planning to close on Thursday and transfer out so that I get the funds on Friday rather than next week. 

Re:  YBS Christmas Regular eSaver 2024

Doesn't it mature on Thursday (31st) and automatically transfer into an easy access account on the same day?

No, it becomes an EA on Friday 01:11 I believe. If I cancelled it then and transferred the funds out even if they arrived Saturday rather than Monday I wouldn't be able to move them on on the Saturday, hence the Thursday plan. 

jameseonline

jaypers said:

Looks like the interest for the YBS Christmas Regular Saver has been credited today. Mine showing as £40.95

£27.10 for me on a £1200 balance but I opened it just before they axed it so £1227.10 total balance 

jameseonline

TheWoodler said:

Does anyone else find it strange that Principality launch the Christmas Saver at 7% after sending out the letters for the Maturity Winter RS, in which the only RS option was the 5.5% option set out in the literature? 

I selected that online and then a few days later they launch this Christmas RS at 7%. The 5.5% product has a bigger monthly pay-in, but the 7% product has the same pay-in as the maturing Winter RS, not least in nomenclature* and would have made more sense to me anyway as the maturity option/loyalty product/rollover.

*IIRC the original product for the Maturity Winter Saver was a Christmas Saver 22-23!

It’s not a problem for me personally in that I can afford to open both, with the 5.5% set as my maturity option - but I find it odd the new 7% one wasn’t included as an option with my paperwork. It does seem slightly odd. 

I tipped Mr Woodler the wink, he rang up and sorted it as his maturity option, so it’s possible. 

No I don't because it's not in Principality's best interest to move you onto an account paying 7%/8% or whatever.

Banks and Building Societies are always going to move you to a rate that pays less when regulars end so it always up to you to move your money and get best rate/s possible.

bioboybill

Opened up an account with Principality today for their Christmas 2025 RS. Sent £1 to check it works ok, but it says you need to put in an activation code they send by post within 5 days to use your online account. Is there any way of checking the £1 got there ok? Intend to put the remaining £249 in when I know it's worked ok. Bit of a pain having to wait a week.

Bobblehat

bioboybill said:

Opened up an account with Principality today for their Christmas 2025 RS. Sent £1 to check it works ok, but it says you need to put in an activation code they send by post within 5 days to use your online account. Is there any way of checking the £1 got there ok? Intend to put the remaining £249 in when I know it's worked ok. Bit of a pain having to wait a week.

Same boat as you .... I just rang PBS up and they confirmed the £1 had arrived .... went ahead with the £124 and set up the SO for 1st November onward.