The Top Regular Savers Discussion Thread

happybagger

liamcov said:

HHUK said:

I've lobbed £100 into a new Coventry Loyalty Regular Saver (3), purely to gain entry to the prize draw. Only has to sit there for less than two months with it being a one-off draw, and seems worth losing a minuscule amount of interest to be in with a chance. I was lucky just before Christmas in their Sunny Day Saver draw, so am hoping lightning may strike twice. Thanks to whoever first mentioned the Regular Saver (3) here. 

Where are the details of the prize draw? Are any other accounts covered?

In the product's terms and conditions. And no, it's specific to this product

savethepandas

happybagger said:

liamcov said:

Where are the details of the prize draw? Are any other accounts covered?

In the product's terms and conditions. And no, it's specific to this product

Got an email fronts Cov today "As long as you pay in at least £10 to your Sunny Day Saver before the end of April, you'll be entered into our May Prize draw. You could be one of our 20 winners to win a prize of up to £500." Monthly draws up until August 2025.

happybagger

Yes, that's a different prize draw

mhoc

I have a Principality 1 Year triple access due to mature on May 4th. I had a letter to say it will automatically be transferred into an e saver earning 2.90% on maturity. I had a look online but there does not seem to be an option to give maturity instructions. Instead I went to the message section where there is an option for maturity instructions by message. I asked for £200 into a 6 month saver issue 3 and the rest to be sent back via the linked account. Probably the answer is no but I thought I would ask anyway - still waiting for a reply 

Otherwise I will just close and withdraw towards the end of May when I need to fund next months reg savers.

As a result of realising that in April 2026 I had no regular savers maturing a few weeks ago I went through the Principality savings selection and found 2 different ones for OH and myself that we didnt have so that issue is partly solved. 
But I am quite liking the 6 month savers - easier than figuring out what I will need in a years time. 

HHUK

liamcov said:
Where are the details of the prize draw? Are any other accounts covered?

See the Additional Information section relating specifically to the one-off Coventry Loyalty Regular Saver (3) prize draw here:

https://www.coventrybuildingsociety.co.uk/member/product/savings/regular_saver/loyalty-regular-saver-3.html

Bigwheels1111

mhoc said:

I have a Principality 1 Year triple access due to mature on May 4th. I had a letter to say it will automatically be transferred into an e saver earning 2.90% on maturity. I had a look online but there does not seem to be an option to give maturity instructions. Instead I went to the message section where there is an option for maturity instructions by message. I asked for £200 into a 6 month saver issue 3 and the rest to be sent back via the linked account. Probably the answer is no but I thought I would ask anyway - still waiting for a reply 

Otherwise I will just close and withdraw towards the end of May when I need to fund next months reg savers.

As a result of realising that in April 2026 I had no regular savers maturing a few weeks ago I went through the Principality savings selection and found 2 different ones for OH and myself that we didnt have so that issue is partly solved. 
But I am quite liking the 6 month savers - easier than figuring out what I will need in a years time. 

There are no options on that saver. Their staff can't do much to it either.

You got interest on the 01/01/25, you will not get anymore even when it matures.

As when it moves over to easy access it keeps the 01/01/26 as next interest payment.

So you need to call and get them to close the account, This gets your cash, plus the extra interest.

surreysaver

Bigwheels1111 said:

mhoc said:

I have a Principality 1 Year triple access due to mature on May 4th. I had a letter to say it will automatically be transferred into an e saver earning 2.90% on maturity. I had a look online but there does not seem to be an option to give maturity instructions. Instead I went to the message section where there is an option for maturity instructions by message. I asked for £200 into a 6 month saver issue 3 and the rest to be sent back via the linked account. Probably the answer is no but I thought I would ask anyway - still waiting for a reply 

Otherwise I will just close and withdraw towards the end of May when I need to fund next months reg savers.

As a result of realising that in April 2026 I had no regular savers maturing a few weeks ago I went through the Principality savings selection and found 2 different ones for OH and myself that we didnt have so that issue is partly solved. 
But I am quite liking the 6 month savers - easier than figuring out what I will need in a years time. 

There are no options on that saver. Their staff can't do much to it either.

You got interest on the 01/01/25, you will not get anymore even when it matures.

As when it moves over to easy access it keeps the 01/01/26 as next interest payment.

So you need to call and get them to close the account, This gets your cash, plus the extra interest.

You don't need to call them to close the account. You can close it online.

allegro120

mhoc said:

I have a Principality 1 Year triple access due to mature on May 4th. I had a letter to say it will automatically be transferred into an e saver earning 2.90% on maturity. I had a look online but there does not seem to be an option to give maturity instructions. Instead I went to the message section where there is an option for maturity instructions by message. I asked for £200 into a 6 month saver issue 3 and the rest to be sent back via the linked account. Probably the answer is no but I thought I would ask anyway - still waiting for a reply 

Otherwise I will just close and withdraw towards the end of May when I need to fund next months reg savers.

As a result of realising that in April 2026 I had no regular savers maturing a few weeks ago I went through the Principality savings selection and found 2 different ones for OH and myself that we didnt have so that issue is partly solved. 
But I am quite liking the 6 month savers - easier than figuring out what I will need in a years time. 

That's a creative idea, worth trying.  It would be interesting to know if it worked.
I just went for morphing into 2.9%, closed the account and opened a new 1Year Triple.

TheWoodler

Bigwheels1111 said:

Re Principality, 1 Year Triple Access Regular Saver (Online).

Interest on maturity ie 18/04/25 for me and others.

No interest was paid.

I made a call to Principality today and a call back after some clarification.

With this account interest is paid once a year on the 01/01/2025.

Unlike most reg saver accounts where the rest of the interest is paid on maturity this moves to an easy access

and retains the annual interest payment.

Closing the easy access generates the interest owed at that point.

SO on the 01/01/25 £10.77 interest & £9.18 interest today. Total of £19.95.

Hope this saves a few calls to Principality and a lot of time wasted on hold.

Thanks to Harriet at Principality for all your help.

This was definitely an outlier account in Principality terms, I felt: no maturity pack or options and a slight sense of bewilderment all round both at the customer end and the Principality end. 

I had the same, only with a slightly different maturity date. 

I couldn’t see a closing balance other than the interest paid to 1.1.25, but, as you said, the final interest was made available on closure. 

However, I was rather bewildered to find that this account, which was active at the end of 5 April 2025, was not included in my end of year tax statement received today. The operator had to ask colleagues to find out the answer. 

Apparently it was because it was an eSaver, only operable online, and not any of my other online accounts, which are or were also available in branch.

They were very helpful and generated a PDF for me - I always find their staff very helpful - but my perception with this one has been that it hasn’t received the usual attention to detail in account management that’s generally been my experience with Principality. 

Bigwheels1111

TheWoodler said:

Bigwheels1111 said:

Re Principality, 1 Year Triple Access Regular Saver (Online).

Interest on maturity ie 18/04/25 for me and others.

No interest was paid.

I made a call to Principality today and a call back after some clarification.

With this account interest is paid once a year on the 01/01/2025.

Unlike most reg saver accounts where the rest of the interest is paid on maturity this moves to an easy access

and retains the annual interest payment.

Closing the easy access generates the interest owed at that point.

SO on the 01/01/25 £10.77 interest & £9.18 interest today. Total of £19.95.

Hope this saves a few calls to Principality and a lot of time wasted on hold.

Thanks to Harriet at Principality for all your help.

This was definitely an outlier account in Principality terms, I felt: no maturity pack or options and a slight sense of bewilderment all round both at the customer end and the Principality end. 

I had the same, only with a slightly different maturity date. 

I couldn’t see a closing balance other than the interest paid to 1.1.25, but, as you said, the final interest was made available on closure. 

However, I was rather bewildered to find that this account, which was active at the end of 5 April 2025, was not included in my end of year tax statement received today. The operator had to ask colleagues to find out the answer. 

Apparently it was because it was an eSaver, only operable online, and not any of my other online accounts, which are or were also available in branch.

They were very helpful and generated a PDF for me - I always find their staff very helpful - but my perception with this one has been that it hasn’t received the usual attention to detail in account management that’s generally been my experience with Principality. 

I was hoping for an issue 3 reg saver option, wanted to go for a record.
Have two issue 2 and an issue 3, when each of  the issue 2 matures I’m looking to open two more issue 3.