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

SJMALBA

exel1966 said:

gt94sss2 said:

exel1966 said:

simonsmithsays said:

Hopefully the Barclays/Gatehouse faster payment issues won't catch anyone out for their RS tomorrow (and Monday).

I'm always paranoid that the transfer from, whatever EA I have my float in, works for stacks and stacks of RS have set up for the 1st of each month.

I tend to transfer it (to the C/A) where the s.os are taken on the second to last working of the month.

where_are_we said:

It is not a good time for the Barclay/Gatehouse payment holdup. I did a 5 figure withdrawal from Gatehouse this morning to fund a multitide of RS`s at beginning of February. Still not arrived yet. Let`s hope it gets resolved quickly.

What Barclays/Gatehouse hold up is this you're referring to ?

https://www.bbc.co.uk/news/articles/cd9qzg92g72o

Gatehouse use Barclays to process payments hence are also affected.

Thanks,

Oh !!!!!!!

Just checked and my funds I requested at 0100 this morning have still not arrived with Chase ready to pay 25 S/O between 0100-0300 tomorrow !!!
I even rang Gatehouse at 1400 to ask where my funds were as they always arrive with Chase between 1130-1200. I was assured there were no hold ups and was told they'd be there by 5pm !

Perhaps that's what Barclays told Gatehouse, too... 

allegro120

where_are_we said:

It is not a good time for the Barclay/Gatehouse payment holdup. I did a 5 figure withdrawal from Gatehouse this morning to fund a multitide of RS`s at beginning of February. Still not arrived yet. Let`s hope it gets resolved quickly.

I've made a withdrawal this morning too, but this delay won't affect my RS distributions tomorrow.  I didn't want to rely on timely delivery from Gatehouse so I have filled all of my 5% Cahoots in advance.  Today's withdrawal was meant to be transferred to 4.75% Cahoots in order to refill 5%-ers after the RS distribution.
The day is not over yet, there's still a chance that we'll receive our money today, you never know.

subjecttocontract

I withdrew £10K from Gatehouse at 2pm yesterday. It was due to arrive in Santander today......it hasn't arrived.
Gatehouse have a warning header on their website advising delays to withdrawals & deposits. Could be Monday before it's fixed.....I don't think Gatehouse work weekends.

Bridlington1

Principality BS Christmas 2025 Regular Saver Bond at 7% now NLA.

EDITED TO ADD:
Leeds BS Regular Saver (Issue 60) at 4.95% is also NLA. Replaced by Issue 61 at a lower rate of 4.8%.

Dizzycap

Bridlington1 said:

Principality BS Christmas 2025 Regular Saver Bond at 7% now NLA.

That was quick!

masonic

subjecttocontract said:

I withdrew £10K from Gatehouse at 2pm yesterday. It was due to arrive in Santander today......it hasn't arrived.
Gatehouse have a warning header on their website advising delays to withdrawals & deposits. Could be Monday before it's fixed.....I don't think Gatehouse work weekends.

I'll consider myself lucky that I did a future-dated withdrawal yesterday, given the rate drop of the regular saver maturity account. Arrived before all of these problems thankfully. I would have had a backup option anyway, but not without some inconvenience.

Speculator

Do Chase process standing orders on a Saturday? All my standing orders go out via Santander and they are all due to go out on Monday.

gt94sss2

Speculator said:

Do Chase process standing orders on a Saturday? All my standing orders go out via Santander and they are all due to go out on Monday.

Yes. Both Chase and Monzo don't follow standard banking practice and send "standing orders" on non working days.

twadds123

flaneurs_lobster said:

RBS (and I assume NatWest) Digital RS

Apologies if this is common knowledge but just noticed that the round-up function can now be adjusted between x1 and x5 (used to be 1 or 2x). 

ooh nice, wonder if they would be more aware of the paypal 1p trick now or not,  potentially a way to get a decent amount in quickly

Stargunner

I have in excess of 30 regular savers and the majority of them mature in the latter part of the year. I would like to try to refresh some of them, so that they are more evenly spread throughout the year.
To save me going through all the T&C's, could anyone please advise what ones can be closed and then re-opened without penalty,