The Old Regular Savers Discussion Thread 28/12/24-29/1/26

Gers

Hattie627 said:

topyam said:

Just got the Principality one year fixed rate bond (4.85%). What wasn't appealing a while ago, now is... Tbh can't see many fixed rate RS hanging about. 

Always good to get a fixed rate RS while it's available. As long as you can close early if necessary, which Principality allows.

Not for this RS bond.

https://www.principality.co.uk/home/savings/savings-accounts/1-year-regular-saver-bond?startingBalance=&savingsContributions=0&savingsFrequency=&accountTermInMonths=12

refluxer

Gers said:

Hattie627 said:

topyam said:

Just got the Principality one year fixed rate bond (4.85%). What wasn't appealing a while ago, now is... Tbh can't see many fixed rate RS hanging about. 

Always good to get a fixed rate RS while it's available. As long as you can close early if necessary, which Principality allows.

Not for this RS bond.

https://www.principality.co.uk/home/savings/savings-accounts/1-year-regular-saver-bond?startingBalance=&savingsContributions=0&savingsFrequency=&accountTermInMonths=12

I'm not sure about the other Principality Regular Saver accounts, but you can close the 6m, 12m and Christmas RS bonds early if you find you need to and they'll pay you the interest due up to the point of closure.

Hattie627

Gers said:

Hattie627 said:

topyam said:

Just got the Principality one year fixed rate bond (4.85%). What wasn't appealing a while ago, now is... Tbh can't see many fixed rate RS hanging about. 

Always good to get a fixed rate RS while it's available. As long as you can close early if necessary, which Principality allows.

Not for this RS bond.

https://www.principality.co.uk/home/savings/savings-accounts/1-year-regular-saver-bond?startingBalance=&savingsContributions=0&savingsFrequency=&accountTermInMonths=12

You can close the Regular Saver Bond Issue 36 early without notice or penalty. 

ForumUser7

Gers said:

Hattie627 said:

topyam said:

Just got the Principality one year fixed rate bond (4.85%). What wasn't appealing a while ago, now is... Tbh can't see many fixed rate RS hanging about. 

Always good to get a fixed rate RS while it's available. As long as you can close early if necessary, which Principality allows.

Not for this RS bond.

https://www.principality.co.uk/home/savings/savings-accounts/1-year-regular-saver-bond?startingBalance=&savingsContributions=0&savingsFrequency=&accountTermInMonths=12

"No, you cannot make any withdrawals from your bond before it matures. 
You can close your bond before it matures. Any interest you’ve earned will be added to the account balance and paid to you."

Penalty free closure is permitted, as has been the case with any Principality regular saver bond I've opened so far, as far as I am aware.

Kim_13

ForumUser7 said:

Gers said:

Hattie627 said:

topyam said:

Just got the Principality one year fixed rate bond (4.85%). What wasn't appealing a while ago, now is... Tbh can't see many fixed rate RS hanging about. 

Always good to get a fixed rate RS while it's available. As long as you can close early if necessary, which Principality allows.

Not for this RS bond.

https://www.principality.co.uk/home/savings/savings-accounts/1-year-regular-saver-bond?startingBalance=&savingsContributions=0&savingsFrequency=&accountTermInMonths=12

"No, you cannot make any withdrawals from your bond before it matures. 
You can close your bond before it matures. Any interest you’ve earned will be added to the account balance and paid to you."

Penalty free closure is permitted, as has been the case with any Principality regular saver bond I've opened so far, as far as I am aware.

Yes, I'm not aware of any Principality RS without this option.

A slightly lower rate than the Suffolk offering, but as they do not allow early closure, Principality may be the right choice for some.

Gers

Hattie627 said:

Gers said:

Hattie627 said:

topyam said:

Just got the Principality one year fixed rate bond (4.85%). What wasn't appealing a while ago, now is... Tbh can't see many fixed rate RS hanging about. 

Always good to get a fixed rate RS while it's available. As long as you can close early if necessary, which Principality allows.

Not for this RS bond.

https://www.principality.co.uk/home/savings/savings-accounts/1-year-regular-saver-bond?startingBalance=&savingsContributions=0&savingsFrequency=&accountTermInMonths=12

You can close the Regular Saver Bond Issue 36 early without notice or penalty. 

Yes - but not the Principality one year fixed rate bond (4.85%) which is what was referred to! 

soulsaver

Gers said:

Hattie627 said:

Gers said:

Hattie627 said:

topyam said:

Just got the Principality one year fixed rate bond (4.85%). What wasn't appealing a while ago, now is... Tbh can't see many fixed rate RS hanging about. 

Always good to get a fixed rate RS while it's available. As long as you can close early if necessary, which Principality allows.

Not for this RS bond.

https://www.principality.co.uk/home/savings/savings-accounts/1-year-regular-saver-bond?startingBalance=&savingsContributions=0&savingsFrequency=&accountTermInMonths=12

You can close the Regular Saver Bond Issue 36 early without notice or penalty. 

Yes - but not the Principality one year fixed rate bond (4.85%) which is what was referred to! 

Yes you can. It's allowed for the one you linked linked in your post. 

Withdrawals:

"You can close your bond before it matures. Any interest you’ve earned will be added to the account balance and paid to you"

refluxer

Gers said:

Hattie627 said:

Gers said:

Hattie627 said:

topyam said:

Just got the Principality one year fixed rate bond (4.85%). What wasn't appealing a while ago, now is... Tbh can't see many fixed rate RS hanging about. 

Always good to get a fixed rate RS while it's available. As long as you can close early if necessary, which Principality allows.

Not for this RS bond.

https://www.principality.co.uk/home/savings/savings-accounts/1-year-regular-saver-bond?startingBalance=&savingsContributions=0&savingsFrequency=&accountTermInMonths=12

You can close the Regular Saver Bond Issue 36 early without notice or penalty. 

Yes - but not the Principality one year fixed rate bond (4.85%) which is what was referred to! 

Confusingly, Principality also refer to their RS accounts as bonds and if you search for fixed rate accounts on their site, they all get listed together which is probably why Topyam mistakenly referred to it as a fixed rate bond. 

The 4.85% account will be their '1 Year Regular Saver bond', as their fixed rate bonds are all paying <4%.

Mrs_Trellis_of_North_Wales

Anybody planning to close the Beverley Regular Saver Issue 1 on January 1st (after the bonus payment has been received)? It seems to be the optimum date to close it.

Kim_13

Gers said:

Hattie627 said:

Gers said:

Hattie627 said:

topyam said:

Just got the Principality one year fixed rate bond (4.85%). What wasn't appealing a while ago, now is... Tbh can't see many fixed rate RS hanging about. 

Always good to get a fixed rate RS while it's available. As long as you can close early if necessary, which Principality allows.

Not for this RS bond.

https://www.principality.co.uk/home/savings/savings-accounts/1-year-regular-saver-bond?startingBalance=&savingsContributions=0&savingsFrequency=&accountTermInMonths=12

You can close the Regular Saver Bond Issue 36 early without notice or penalty. 

Yes - but not the Principality one year fixed rate bond (4.85%) which is what was referred to! 

You would expect not to be able to withdraw from a Fixed Rate Bond until the end of the term (and indeed there is a 1 Year Fixed Rate Bond at 3.75% with this condition) but Regular Savers often do allow early closure. Slightly confusing in as far as Principality refer to Regular Savers as bonds also perhaps, but Issue 36 is the Regular Saver paying 4.85%.