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

where_are_we

Aidanmc - Principality - The best maturity option I got for a similar date on my maturing 6 Month RS2 was to open a 6 Month RS3 @7.5%, pay in £200 deposit and receive the balance plus interest to my nominated account. This was a couple of days ago. Have you not got this option?

Aidanmc

where_are_we said:

Aidanmc - Principality - The best maturity option I got for a similar date on my maturing 6 Month RS2 was to open a 6 Month RS3 @7.5%, pay in £200 deposit and receive the balance plus interest to my nominated account. This was a couple of days ago. Have you not got this option?

I already have a 6M RS Issue 3

AndyTh_2

Aidanmc said:

Re Principality 6M RS Issue maturity on 5 June.

I'm not quite up to speed with the options.

The last option below - Take out all your money and open a new RS Bond?

What happens if i choose this?

Does it open a 1yr RS Bond Issue 36 @ 4.85%, put £250 there and send remainder to nominated account.

It asks you a further question of how much of your balance should be kept in (max £200, not £250), and where you want the rest sent to, which can be another principality account of yours or another bank in your name (not specifically nominated account limited)

and says interest not included but will be sent to that chosen place for the rest.

ThePirates

where_are_we said:

I also opened a new RS bond 36 @4.85% fixed with a £1 opening deposit. You can have one of each issue. Minimum balance for this account is £1 and monthly contributions are not compulsory. I might leave it semi-dormant for a year with £1 balance in case there is a similar maturity option (as the present maturity option) in a years time.

Great idea! 

Just opened a 1 year triple access too!

Aidanmc

AndyTh_2 said:

Aidanmc said:

Re Principality 6M RS Issue maturity on 5 June.

I'm not quite up to speed with the options.

The last option below - Take out all your money and open a new RS Bond?

What happens if i choose this?

Does it open a 1yr RS Bond Issue 36 @ 4.85%, put £250 there and send remainder to nominated account.

It asks you a further question of how much of your balance should be kept in (max £200, not £250), and where you want the rest sent to, which can be another principality account of yours or another bank in your name (not specifically nominated account limited)

and says interest not included but will be sent to that chosen place for the rest.

ok, it probably would be £200 if 6m RS option was there.

But i only seem to have RS Bond option what i think is a 12 month account, £250 per month max.

At the moment i have 6m RS Issue 2 Maturing on 5 June, 6M RS Issue 3 maturing September.

Dont think i can have any more 6M RS accounts, just RS bond

gt94sss2

Aidanmc said:

Re Principality 6M RS Issue maturity on 5 June.

I'm not quite up to speed with the options.

The last option below - Take out all your money and open a new RS Bond?

What happens if i choose this?

Does it open a 1yr RS Bond Issue 36 @ 4.85%, put £250 there and send remainder to nominated account.

Try option 2 instead of the last one.

mhoc

Following on from 3 maturity letters that arrived from the Principality at the weekend 3 more arrived today - 6 month savers issue 1 and 2 and regular saver issue 34 - six accounts between the two of us. 
Confirmation letters regarding the weekend ones and also confirmed on the accounts.
I think in the excitement of getting 7.85% six months ago I don't think we contemplated that we would also be doing multiple sets of maturity instructions and alterations to standing orders 6 months later!
To be repeated all over again in the run up to Christmas!
As some of these mature on June 5th I suspect I've set up the standing orders to go through on June 1st (actually the 2nd because of the bank holiday) but Principality will bounce any extra £200 payments back in due course. 

Does anyone find the Principality website a nightmare for freezing and being unable to move back to the accounts page? Also randomly logging out as its detected no movements because the page has frozen. I often have to re log in 3 or 4 times - working on the main computer, wifi speed is good and only have issues with this website.  

Aidanmc

gt94sss2 said:

Aidanmc said:

Re Principality 6M RS Issue maturity on 5 June.

I'm not quite up to speed with the options.

The last option below - Take out all your money and open a new RS Bond?

What happens if i choose this?

Does it open a 1yr RS Bond Issue 36 @ 4.85%, put £250 there and send remainder to nominated account.

Try option 2 instead of the last one.

Ahhh.....thats much clearer now. Thanks

Bridlington1

Bridlington1 said:

Leeds BS Interest Rate Cuts 27/6/25:

REGULAR SAVER (ISSUE 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 56, 57, 59, 60, 61, 62 & 63) from 4.8% to 4.7%

REGULAR SAVER (ISSUE 55 & 58) from 4.95% to 4.85%

HOME DEPOSIT SAVER (ISSUE1, 2 & 3) from 4.9% to 4.8%

Further to the above Leeds BS have now corrected their website to confirm it is Regular Savers Issues 55 & 58 (and not 56 & 59) that are being cut from 4.95% to 4.85% with the remaining issues being cut from 4.8% to 4.7%. 

10_66

mhoc said:

...Does anyone find the Principality website a nightmare for freezing and being unable to move back to the accounts page? Also randomly logging out as its detected no movements because the page has frozen. I often have to re log in 3 or 4 times - working on the main computer, wifi speed is good and only have issues with this website.  

Yes, this happens for me too.