Regular Savings Accounts: The Best Currently Available List!

pdx123

JamesRobinson48 said:

pdx123 said:

Where did you see that you are permitted to have both. I rang them a few weeks ago to open issue 22 & was told that as I already had a regular saver ( the current Xmas one ) It was not allowed to have more than one. So they wouldn't let me open it.

Take a look at paragraph 3 of the 1 Year Regular Saver Bond - Account Terms:
"this offer is limited to only one Bond of any given issue number for each customer".

Thanks, I checked that out & yes you can have more than one, though strangely it doesn't state that in the T&C's of the Xmas RS.
I just contacted them, chatted with a different person & they've confirmed you can have more than one issue. They've apologized, asked if I want to make a formal complaint ( I won't ) & will pass on my feedback. The question now is, is it even worth opening a 1.25% regular saver, 1.5% was questionable ( In my opinion )
Thanks again for your post.

veryintrigued

JamesRobinson48 said:

Principality BS has just launched two new RS products: and you don't need to be an NHS employee to qualify for either!

* RS Issue 23, 1.25% fixed for one year, max £250pm. This replaces Issue 22.

* Christmas 2021 RS, 1.50% fixed for one year, max £125pm.  Importantly, this product won't accept applications until 12th November.

It is permitted to have both the above, in addition to any other products you may have from the same BS.

Once again it's appreciated JR48.

I like the way you continuely keep uncovering decent accounts and sharing them on here - without getting involved in the all too many squabbles.

Thank you

1882

JamesRobinson48 said:

Principality BS has just launched two new RS products: and you don't need to be an NHS employee to qualify for either!

* RS Issue 23, 1.25% fixed for one year, max £250pm. This replaces Issue 22.

* Christmas 2021 RS, 1.50% fixed for one year, max £125pm.  Importantly, this product won't accept applications until 12th November.

It is permitted to have both the above, in addition to any other products you may have from the same BS.

I've just opened the RS 23 which seems pretty decent. It's unclear from the T&C's if I can pay in a further amount in early November or if I must wait till the 22nd as the 1 month "anniversary". I'm sure one of you learned folk will know.

SFindlay

1882 said:

JamesRobinson48 said:

Principality BS has just launched two new RS products: and you don't need to be an NHS employee to qualify for either!

* RS Issue 23, 1.25% fixed for one year, max £250pm. This replaces Issue 22.

* Christmas 2021 RS, 1.50% fixed for one year, max £125pm.  Importantly, this product won't accept applications until 12th November.

It is permitted to have both the above, in addition to any other products you may have from the same BS.

I've just opened the RS 23 which seems pretty decent. It's unclear from the T&C's if I can pay in a further amount in early November or if I must wait till the 22nd as the 1 month "anniversary". I'm sure one of you learned folk will know.

You can pay in again on the 1st November. 🙂

veryintrigued

JamesRobinson48 said:

Principality BS has just launched two new RS products: and you don't need to be an NHS employee to qualify for either!

* RS Issue 23, 1.25% fixed for one year, max £250pm. This replaces Issue 22.

* Christmas 2021 RS, 1.50% fixed for one year, max £125pm.  Importantly, this product won't accept applications until 12th November.

It is permitted to have both the above, in addition to any other products you may have from the same BS.

This is good (the second part with no penalty I can see).

• You cannot make any withdrawals prior to maturity
• Early closure permitted

veryintrigued

Principality BS
Maturity instructions can now be submitted online for the RS Bond 20 and also the Christmas 2020 Saver Bond (for those whose mature on the 5/11/20 - later maturity ones will follow).

Including moving part of the balance into the new Christmas 2021 or new Regular Saver 23 accounts.

This also has the advantage (for those who choose to move £125 from Christmas Saver 20 to 21) of retaining the same account details.

surreysaver

pdx123 said:

JamesRobinson48 said:

Principality BS has just launched two new RS products: and you don't need to be an NHS employee to qualify for either!

* RS Issue 23, 1.25% fixed for one year, max £250pm. This replaces Issue 22.

* Christmas 2021 RS, 1.50% fixed for one year, max £125pm.  Importantly, this product won't accept applications until 12th November.

It is permitted to have both the above, in addition to any other products you may have from the same BS.

Where did you see that you are permitted to have both. I rang them a few weeks ago to open issue 22 & was told that as I already had a regular saver ( the current Xmas one ) It was not allowed to have more than one. So they wouldn't let me open it.

You must have spoken to someone who doesn't know what they're talking about. You're better off reading the T&Cs (and saving a copy of them) for yourself 

kamkop

veryintrigued said:

Principality BS
Maturity instructions can now be submitted online for the RS Bond 20 and also the Christmas 2020 Saver Bond.

Including moving part of the balance into the new Christmas 2021 or new Regular Saver 23 accounts.

This also has the advantage (for those who choose to move £125 from Christmas Saver 20 to 21) of retaining the same account details.

Where can I submit maturity instructions? I cannot see such option under Account Services/Manage this account...

Every_Penny_Counts

When I logged on the option was right next to the name of the account on the main page. Just above the manage this account button. 

EPC

surreysaver

Every_Penny_Counts said:

When I logged on the option was right next to the name of the account on the main page. Just above the manage this account button. 

EPC

I don't have that option.  When does your account mature?  Mine matures on the 7th November - perhaps the option only appears a certain amount of time before the maturity date?