The Top Regular Savers Discussion Thread

Bigwheels1111

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?

If you log in is there a list of options.

When issue 1 matured I had options to reinvest, so opted for an issue 2.

But had an issue 2 already, so now have 2 x issue 2 and an issue 3.

I hope to get another issue 3 in the next month.

friolento

IanManc said:

friolento said:

where_are_we said:

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 ........

@where_are_we You can pay 12 SOs in, to end up with £650 in total

You can't. The T&Cs of the Principality 1 Year Triple Access account say" "If your account reaches £600, you cannot pay any more money in."

May be that is new. I had 650 plus interest in my matured account today. So I set up another 12 x SO for the new account. Worst case they will send back my final £50.

IanManc

pecunianonolet said:

IanManc said:

pecunianonolet said:

Kim_13 said:

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.

Thanks. I do have the 1 Year Triple Access saver but do not fund it really as my rate focus is on 6%+ so will just tell them to close it and send the funds to the nominated account. The letter arrived today, total waste of paper.

EDIT:

Just logged in and provided maturity instructions and despite already having a 6 Month Regular Saver Issue 3 open they seemingly allowed me to open another issue 3 that's been on the maturity instruction list. I thought this loophole was closed?

Anyhow, hope it walks through and £200 get moved on the 30th of April into a new issue 3 account and I can put another £200 in 1st of May, so the 7th payment can earn it's maximum when we get to it. Should they attempt to pay into the existing saver it will just simply bounce and is returned as I already funded that one on the 1st.

The T&Cs of the Principality 6 Month Regular Saver Issue 3 say: "if your bond reaches £1200, you cannot pay any more money in."

Guess why I posted a screenshot showing £1200 to be paid out and £200 to be moved into a potentially second issue 3 reg saver?

Here the T&C's also say that you can not pay in more than £1200 and yet it worked to pay in £1400.

Reg saver terms of issue 1

Lucky you. When I tried to pay in a final payment to make it £1400 mine was returned, in line with the T&Cs. 

allegro120

Hattie627 said:

10_66 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...

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

Mine matured today (now showing as a maturity account) but no final interst showing. Balance is £610 (12 X £50 plus £10 approx interest added in Dec 24)

Mine matured today too with the balance of £660.79 (I've made 13 payments). £10.79 interest added on 1st Jan 2025. Presumably this new account carries over the interest payment arrangement from the original one.  If this is the case, the only way to get the remaining interest to a better home is closure.  I'll do it on Tuesday, no point compounding at 2.9%. 

Baileys_Babe

allegro120 said:

Hattie627 said:

10_66 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...

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

Mine matured today (now showing as a maturity account) but no final interst showing. Balance is £610 (12 X £50 plus £10 approx interest added in Dec 24)

Mine matured today too with the balance of £660.79 (I've made 13 payments). £10.79 interest added on 1st Jan 2025. Presumably this new account carries over the interest payment arrangement from the original one.  If this is the case, the only way to get the remaining interest to a better home is closure.  I'll do it on Tuesday, no point compounding at 2.9%. 

I'm guessing our interest will be credited on Tuesday, if not their phones will be very busy.

surreysaver

Zopa failed to take my regular payment for my Regular Saver today. I've noticed others have issues with Zopa's regular payments. Sort of defeats the point of having the facility if you've got to check up on them and move the money yourself 

masonic

surreysaver said:

Zopa failed to take my regular payment for my Regular Saver today. I've noticed others have issues with Zopa's regular payments. Sort of defeats the point of having the facility if you've got to check up on them and move the money yourself 

Thanks for flagging. I'll keep a close eye on mine (next due to go out on 3rd May). I've not had any problems so far.

londoner62

Can sonmebody please ppost the link to the wayback(?) site containg old Regular Savers that are no longer available?

Many thanks for your help with my tidying up process!

Slinky

This one?

https://forums.moneysavingexpert.com/discussion/6470420/the-archived-history-of-regular-savers-thread-no-chat#latest

londoner62

Slinky said:

This one?

https://forums.moneysavingexpert.com/discussion/6470420/the-archived-history-of-regular-savers-thread-no-chat#latest

Thanks @Slinky Not that one but I have located it at here

" Due to the wayback machine going down for several days in October 2024 I have also archived all Ts&Cs to a OneDrive, which is available to view via the link below:
https://1drv.ms/f/c/ed08144cbc200a55/EqUeU50rO7VHmn4QxSmsKL0BGk0P-sQm2OL0xYs2RWC0cg?e=G8HHbv "