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

clairec666

francoghezzi said:

clairec666 said:

francoghezzi said:

rallycurve said:

Principality BS

Regarding the renewal of a matured RS, would it be better to renew to an additional 6 month regular saver at 7.50% (£200 pm) or go with an additional Christmas regular saver at 6.50% (£150pm) but lasting for a full year? 

I am assuming it'll be possible to have multiple Christmas RS too via maturity instructions

The 12 months RS with no doubts (unless you believe in fairy tales like those who recently told me in this forum that in 6 months time the second 6m RS you'll be able to open for the rest of the year we are talking about could have a better interest rate than 7.5%) 

Let's not get into that argument again. 6.5% could be the better option, depending on circumstances. A lot depends on whether you've got spare capacity in other accounts for when the 6 month account matures.

Everything depends on personal circumstances but MATHS is not an opinion. Sorry if I thought to answer a post with what I believe is supported by solid evidence. I won't disturb anymore, enjoy the more scientific discussion about the color of what you wear when you apply for Rs on Principality. 

The maths involved will change depend on personal circumstances.

Kim_13

flaneurs_lobster said:

Cweb said:

MHBS

Save & Support appears to be the default instant access saver which despite literature can be opened and operated online. I've opened this for society membership continuity since is a £1 account then is option D to pay the maturity funds all away as nothing competitive for me.

That's a useful jog, I've had £100 in their Cash ISA earning next-to-sodall for 2 years, was a prerequisite to opening Regular Savers. I'll open one of these Save & Support jobs w/ a quid at maturity and shut the ISA down.

Instructions submitted for a part reinvestment (£1.00) and the remainder sent to my nominated account, may be easier to do this that opening a fresh Save & Support.

Considered doing the 30 Day Notice but decided to have my £1.00 included in calculating their charity donation.

Born2Save_3

MHBS Maturity Options

Disappointing; nothing special or exclusive at all. Clear that they would like you to keep the money accumulated in a non-competitive fixed term.

MHBS seem to have a bit of a harder edge to other BS; I say this after having extra accounts culled. As I can really only have and fund one online RS, when my remaining online RS is near to maturity I will be asking nicely if I can have one of the culled resurrected. But my expectation of success is miniscule.

jameseonline

rallycurve said:

Principality BS

Regarding the renewal of a matured RS, would it be better to renew to an additional 6 month regular saver at 7.50% (£200 pm) or go with an additional Christmas regular saver at 6.50% (£150pm) but lasting for a full year? 

I am assuming it'll be possible to have multiple Christmas RS too via maturity instructions

Get an additional 6 month as maturity & you can apply for the Xmas separately, best of both worlds😊

ThePirates

MHBS

Pretty poor selection of maturity options, I've gone for the £1 in Save and Support, to retain membership, and transfer the rest out.

jameseonline

Kim_13 said:

MHBS Options, nothing exclusive about those.

As I suspected, the funds won’t land until 1 December: 

Important dates:

• Your Fixed Term Regular Saver Account Matures on 30th November 2025

• You need to provide your instructions by 5.00pm Friday 28 November 2025

• The instruction you provide for your account will be completed and any funds released

by 5.00pm the latest on 1 December 2025

A leaflet was attached for an otherwise unmentioned Save and Support Easy Access paying 1%, which I assume is the default for anyone who doesn’t submit instructions.

So I'll need to select the 30 day & have £1 in it to keep a relationship it seems so option B for me

jameseonline

Cweb said:

MHBS

Save & Support appears to be the default instant access saver which despite literature can be opened and operated online. I've opened this for society membership continuity since is a £1 account then is option D to pay the maturity funds all away as nothing competitive for me.

Oh there's another account I could get then, hmm

Born2Save_3

NCL BS Festive RS Application

I've played the the application URL, 

https://services.newcastle.co.uk/applications/apply?productId=NCLRSA1

, a bit, and if it is available it is not obvious.

And same for Manchester, 

https://services.manchester.co.uk/applications/apply?productid=MANRSB

Maybe this will change and online application will be possible, like the NCL Monument RS.

Chaykin

Newcastle BS / Manchester BS Festive RSs:

Who knows - maybe they will put up QR codes in branches?

where_are_we

MHBS Fixed Term RS maturity - disingenuous of them and not much show of loyalty to not offer the obvious follow on savings product ie another Fixed Term RS when they are currently offering a competitive FTRS (30/11/26) @5.8% fixed no withdrawals or early closure which is only available in branch. 
Thanks to "jamesonline" - another vote for Option B - £1 to new 30 day notice account (to keep a membership presence) and remainder to nominated account.