The Top Regular Savers Discussion Thread

PowerSavingMode

Bigwheels1111 said:

Just opened a new Principality 1 year triple access regular saver.

Mine just matured today, not added interest yet, will wait and see.

Same here. I also attempted to fund it with the first £50 via internal transfer from the matured account (now a maturity saver), but unlike the usual instant transfer, it notified me that it would be executed within 1 business day. Same for the withdraw of most of the funds in that maturity saver.

mhoc

Agree, it is a right pain when there is a short fall and cash flow is limited.
I had a few easy access accounts with YBS  with various amounts which I've now closed all of them as the interest rates are now not acceptable. This leaves just 3 YBS  regular savers per account, OH and myself and the proceeds will fund the various standing orders for the end of April and May 1st.
April 30th the Chorley BS regular savers matures so that goes part way to funding SOs in May and June 1st - the drought finishes in June, numerous accounts maturing.

But thinking forward to April 2026 the same shortfall will happen as no new accounts have been opened so I need to double check I've not missed a 12 month reg saver 

Update - found Principality issue 36 - not the best interest rates but for now it fulfills the criteria of maturing in April 2026.

allegro120

PowerSavingMode said:

Bigwheels1111 said:

Just opened a new Principality 1 year triple access regular saver.

Mine just matured today, not added interest yet, will wait and see.

Same here. I also attempted to fund it with the first £50 via internal transfer from the matured account (now a maturity saver), but unlike the usual instant transfer, it notified me that it would be executed within 1 business day. Same for the withdraw of most of the funds in that maturity saver.

I’ve done the same. My first ever principality internal transfer. Lesson learned - not going to do this again. I’ve withdrawn the remaining funds to my nominated account and expect money to arrive today because previously weekend withdrawals arrived on the same day. 

Kim_13

I also have a shortfall next month - but Saffron Members Month RS matures at the beginning of June, so RSs are then self-funding until and including January. Some months have more maturities than needed and others none, so to cover some of them it is a case of parking the money in an EA for a month or so.

I opened a new Halifax 5.5% fixed a few days ago, as I thought the rate might drop given the impending BoE meeting at which a drop seems more likely than not following February’s precedent, which was that a cut only needs inflation to be lower than expected, not at or below target. Also the rate drop in the new issue from Market Harborough; them plus West Brom going to branch opening only and the only new accounts this month (if I recall correctly) being locals only. Only with £25 so far but if rates fall it will be fully funded and would be an April 2026 maturity. 

Hopefully the majority of accounts I have can be replaced with new versions as they mature otherwise there will be more holes in the RS calendar. 

soulsaver

I don't know if this has been reported:

I used to be able to refresh the Halifax/BoS RSs from the Halifax login.

I couldn't with one that just matured... and I spent some time chasing 'chat', and closing historical savers thinking that could be be the issue.

Chat was a waste of time on an Instant Saver that wouldn't close and couldn't transfer a 3p balance out.. only to be CS fobbed off with, "...need to go to branch with ID.."

Anyway today I had the idea of trying logging in on my BoS profile.

And, lo.. I got the RS open and funded irrespective of the fact that I still couldn't transact or close the instant saver... but who cares...  




 

masonic

I have two different Halifax profiles and have previously mentioned that I was unable to refresh accounts using a profile other than the one that was used to open the account.

where_are_we

I emptied my Principality 1 Year Triple Access RS maturity account, all but £1, this morning. Then I opened a new 1YTARS @5.4% and funded first deposit £50 plus 11 standing orders of £50 from my nominated account. Money in my nominated account just before 4 pm. Then I closed the maturity account the proceeds (£1 + a little interest) of which will arrive in my nominated account in one business day.

Although closing the maturity account completely is a single process (easier) it possibly seems to take one more day than what I did to get almost all the money that same day?

Also COP for first £50 deposit does not work immediately (I knew this would happen from previous delays in implementation of COP at Principality) but I choose to proceed anyway (just make sure you get the sort code, account number and reference (new specific 1YTARS account  number) correct. I think COP works the next day?

pecunianonolet

Principality

My 6 month regular saver is maturing on 30th April. Already got issue 2 and 3 going. What are my options beside just taking the money?

Kim_13

pecunianonolet said:

Principality

My 6 month regular saver is maturing on 30th April. Already got issue 2 and 3 going. What are my options beside just taking the money?

Nothing currently, unless you don't have a current 1 Year Triple Access or whatever the current issue of the Regular Saver is - those would take £300, albeit at not the best rates. Have they sent you a letter yet? The process doesn't seem to be as smooth as it was in 2024, unfortunately.

10_66

Bigwheels1111 said:

Just opened a new Principality 1 year triple access regular saver.

Mine just matured today, not added interest yet, will wait and see...

Did your interest ever arrive?  Mine matured today and my maturity interest's still missing.