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

SJMALBA

IanManc said:

SJMALBA said:

IanManc said:

schiff said:

Chorley
I have just opened their RS via the link in the recent Bridlington post (TY) referring to it.
I was warned that the first deposit must be made within 15 calendar days of opening - which is shorter than in the link I followed. It could catch people out!

It's worth noting too that the email you get when  you open the account tells you that your bank transfer might take two business days to show on your account. My bank transfer made yesterday afternoon is still not showing in the account tonight so I'm glad Chorley told me in advance!

My payment to Chorley, made yesterday after midnight, was showing this morning in the online account, dated yesterday.

Mine made on the afternoon of the 2nd is now showing, dated the 3rd!  

Presumably a cut-off time for same day?

happybagger

jaypers said:

SJMALBA said:

IanManc said:

schiff said:

Chorley
I have just opened their RS via the link in the recent Bridlington post (TY) referring to it.
I was warned that the first deposit must be made within 15 calendar days of opening - which is shorter than in the link I followed. It could catch people out!

It's worth noting too that the email you get when  you open the account tells you that your bank transfer might take two business days to show on your account. My bank transfer made yesterday afternoon is still not showing in the account tonight so I'm glad Chorley told me in advance!

My payment to Chorley, made yesterday after midnight, was showing this morning in the online account, dated yesterday.

If I open one of these can I do an initial payment of £25 followed by another one of £375 once I’ve seen the first one go in, or am I limited to one payment PCM. Can I also follow up on the 1st of the next month or need to wait a full month? TIA.

1. Multiple payments in are ok.
2. It's per calendar month. Payments set from the 1st next month are ok.

s71hj

Re TSB 6% monthly saver, can you apply for this if you have a TSB spend and save plus account? Unless I'm missing something you can make £2 a month profit for 20 debit card payments and potentially have multiple accounts and there is also £40 via Topcashback for spend and save.

flaneurs_lobster

s71hj said:

Re TSB 6% monthly saver, can you apply for this if you have a TSB spend and save plus account? Unless I'm missing something you can make £2 a month profit for 20 debit card payments and potentially have multiple accounts and there is also £40 via Topcashback for spend and save.

Having any current account allows you the 6% saver. Earning that £2/mth seems like a lot of faff to me, I'd be waiting for their next switch offer in order to score £100+ 

s71hj

flaneurs_lobster said:

s71hj said:

Re TSB 6% monthly saver, can you apply for this if you have a TSB spend and save plus account? Unless I'm missing something you can make £2 a month profit for 20 debit card payments and potentially have multiple accounts and there is also £40 via Topcashback for spend and save.

Having any current account allows you the 6% saver. Earning that £2/mth seems like a lot of faff to me, I'd be waiting for their next switch offer in order to score £100+ 

Aha, theu have a history of switch offers do they? I wasn't aware of that.  I'll hold off then!

Bridlington1

s71hj said:

Re TSB 6% monthly saver, can you apply for this if you have a TSB spend and save plus account? Unless I'm missing something you can make £2 a month profit for 20 debit card payments and potentially have multiple accounts and there is also £40 via Topcashback for spend and save.

Any TSB current account'll do, this includes the Spend & Save, Spend & Save Plus, Student account etc. 

Regardless of how many current accounts you have with TSB it's still only one Monthly Saver per customer.

s71hj said:

flaneurs_lobster said:

s71hj said:

Re TSB 6% monthly saver, can you apply for this if you have a TSB spend and save plus account? Unless I'm missing something you can make £2 a month profit for 20 debit card payments and potentially have multiple accounts and there is also £40 via Topcashback for spend and save.

Having any current account allows you the 6% saver. Earning that £2/mth seems like a lot of faff to me, I'd be waiting for their next switch offer in order to score £100+ 

Aha, theu have a history of switch offers do they? I wasn't aware of that.  I'll hold off then!

They do indeed. See:
https://forums.moneysavingexpert.com/discussion/6526050/an-archived-list-of-switching-offers/p1

surreysaver

s71hj said:

Re TSB 6% monthly saver, can you apply for this if you have a TSB spend and save plus account? Unless I'm missing something you can make £2 a month profit for 20 debit card payments and potentially have multiple accounts and there is also £40 via Topcashback for spend and save.

You can only have one Spend & Save Plus account (unless you can magic more than one log-in ID).
It's also £100 interest free overdraft to earn a bit more 

Dizzycap

PloughmansLunch said:

Principality appear to have closed down the duplicate saver loophole for maturing products now. Offered RS maturity products are now the standard 1 year RS bond, or the Christmas 2025 saver, and once logged in I’m prevented from opening another of the latter as I already hold one. 

EDIT: I was sent the T&Cs for the 6 month saver as a choice in the post, but that had been removed from maturity options by the time I checked online

Ouch! Looks like I just manage to set my maturity option for another 6 month regular saver for a maturing product on the 6th January, before it was pulled. Nothing appears to have changed in my Principality account regarding the maturity option I have selected. We shall see what happens on Monday.......

poolboy

My principality 6 month matured today so I went online and opened a new 6 month reg saver, the opening deposit coming from the expired reg saver.  Thanks for Chorley tip just opened.

PloughmansLunch

Dizzycap said:

PloughmansLunch said:

Principality appear to have closed down the duplicate saver loophole for maturing products now. Offered RS maturity products are now the standard 1 year RS bond, or the Christmas 2025 saver, and once logged in I’m prevented from opening another of the latter as I already hold one. 

EDIT: I was sent the T&Cs for the 6 month saver as a choice in the post, but that had been removed from maturity options by the time I checked online

Ouch! Looks like I just manage to set my maturity option for another 6 month regular saver for a maturing product on the 6th January, before it was pulled. Nothing appears to have changed in my Principality account regarding the maturity option I have selected. We shall see what happens on Monday.......

There was a later post of mine - it seems you can select maturing accounts if logged in to your accounts dashboard first rather than use their maturing saver URL. 

Further to this, I had a letter arrive this morning saying they will transfer the funds into my current account on the 9th, so I’ll have to wait and see if my 2nd 6 month saver is opened too as it was accepted online a few days ago but not mentioned at all in the letter.