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

clairec666 · 23 October 2025 at 8:21AM

Principality: I've delayed submitting my maturity instructions for last year's Christmas account, in case this year's one is offered as a maturity option. We got into a good healthy debate a few pages back about whether a higher rate for 6 months was better than a lower rate for 12 months.

I might tinker around with a spreadsheet to see which one is the better option.

(To be honest, it's just an excuse to tinker around with a spreadsheet!)

kermchem · 23 October 2025 at 8:40AM

clairec666 said:

Principality: I've delayed submitting my maturity instructions for last year's Christmas account, in case this year's one is offered as a maturity option. We got into a good healthy debate a few pages back about whether a higher rate for 6 months was better than a lower rate for 12 months.

I might tinker around with a spreadsheet to see which one is the better option.

(To be honest, it's just an excuse to tinker around with a spreadsheet!)

You can mature last year’s Christmas saver into a new issue 4 6 month bond, send the residue to an external account, and open a new Christmas saver

trickydicky14 · 23 October 2025 at 8:41AM

subjecttocontract said:

trickydicky14 said:

Hattie627 said:

Bridlington1 said:

Principality BS Christmas 2026 Regular Saver 6.5%

As with last time, £150/mth max.
No withdrawals but early closure permitted without penalty
£1.8k max balance
Need to be 16+ to open

It will be good if it's indeed £150 per month max. The Xmas Saver 2025 was only £125 per month.
Expect it to be a fixed rate hopefully, if following the 2025 account (which was 7% fixed).

Yes £150 is better than £125 but the interest rate will be less. Anyway, I managed to put a 13th payment into the previous Christmas RS without any issues so that helps a bit.

According to the MSE interest calculator:-
£125 pcm @ 7% = £56
£150 pcm @ 6.5% = £63

Yes you are correct, but if you take into account what Hattie627 has also said, you might be lucky to end up with the price of a cup of coffee.

clairec666 · 23 October 2025 at 8:47AM

kermchem said:

clairec666 said:

Principality: I've delayed submitting my maturity instructions for last year's Christmas account, in case this year's one is offered as a maturity option. We got into a good healthy debate a few pages back about whether a higher rate for 6 months was better than a lower rate for 12 months.

I might tinker around with a spreadsheet to see which one is the better option.

(To be honest, it's just an excuse to tinker around with a spreadsheet!)

You can mature last year’s Christmas saver into a new issue 4 6 month bond, send the residue to an external account, and open a new Christmas saver

Yes, that was the original plan, but I thought there might be a chance to end up with TWO Christmas savers (i.e. one maturity, one new)

WillPS · 23 October 2025 at 8:54AM

Principality

I deliberately left sorting out a maturity instruction thinking there might be a new Christmas saver later in the day...

However I think probably on reflecting another 6 month saver is better in our case. The MonBS 7%ers are making it harder to find the funds to fill up the 6.5% accounts we already have, including Hanley now. A better rate with a maturity sum that'll sort MonBS's April/May deposit feels like a better option.

ThePirates · 23 October 2025 at 8:57AM

Principality Xmas Saver now live!

clairec666 · 23 October 2025 at 9:08AM

Principality T&Cs:

This wasn't on the terms for the 6 month account. Maybe they're getting wise and have updated the wording.

Also worth noting: term starts from the date of opening, not the date of first deposit. And you must fund it within 5 working days of opening. No benefit opening now unless you can fund it straight away - I imagine the account will be available for a month or so at least, so no hurry to open it.