Regular Savings Accounts: The Best Currently Available List!

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?

surreysaver

bubieyehyeh said:

veryintrigued said:

bubieyehyeh said:

While the letter is carefully worded I believe you can close the account early, based on the saving terms and conditions section 7.8
https://www.thenottingham.com/~/media/files/savings/forms and documents/savings-terms-march-19-lit3117.pdf?la=en

If we materially decrease an interest rate to your disadvantage, we will notify you in writing 14 days in advance of the change.

You will be given 30 days from the date of this notification to close or switch your account without notice or penalty.

We will define a decrease to an interest rate as ‘material’ if it reduces more than the Bank of England Base Rate

So I've emailed to ask if my assumption is correct, and if so what the early closure process is. .

Notts BS
Any response from NBS please @bubieyehyeh

Heard nothing so far, I will post when I hear unless someone else gets an answer first.

Re: NOTTINGHAMSHIRE BS
I received a response by email yesterday from the query I sent them on Monday.  Their response states:-
"We are aware that there was a mistake in the letters that were sent out regarding these accounts, however as this was our error, you can now close your account prior to the maturity date without occurring [sic] any penalties"
I shall be visiting my nearest branch on 1st November to close them.  As well as the Virgin RS19 (store version)

Every_Penny_Counts

surreysaver said:

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?

Mine comes out on the 5th, so could be that yours will appear early next week. 

EPC

veryintrigued

Every_Penny_Counts said:

surreysaver said:

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?

Mine comes out on the 5th, so could be that yours will appear early next week. 

EPC

Principality maturity instructions
The fifth for me too.

As you say, the appearance of the instructions seem tied to when your account (s) were opened.

Makes perfect sense.

colsten

surreysaver said:

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?

My accounts mature on the 5th. They didn't have the maturity buttons yesterday but they are there today. Seems you have to wait until next week for yours to show.