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The Top Regular Savers Discussion Thread

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Comments

  • rallycurve
    rallycurve Posts: 217 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    edited 4 June at 10:15AM
    Hattie627 said:
    Principality BS

    My Regular Saver Bond Issue 34, with a maturity date of 30 May, now showing as matured into a 6 month RS (Issue 3) (my fourth of that issue, edited to third, my fourth expected on 5 June), with maturity interest added of £100.66 and £200 rolled-over and account number maintained. New MD of 30th Nov 2025. 

    Balance expected into my nominated account later today.


    Hopefully [Removed by Forum Team] won't notice what's happened


    Exactly the same for me. I gave maturity instructions last Friday night, after having read about some members being rejected this option so I was concerned I would end up in [Removed by Forum Team] backlog. Luckily it seems my request was dealt with by someone else and my 4th 6 month RS Issue 3 is now open.

    This is definitely a training problem within the BS... I wonder if [Removed by Forum Team] is the only employee doing it right but in the meantime I am glad she did not cross my path!
  • Bigwheels1111
    Bigwheels1111 Posts: 3,129 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    edited 30 May at 8:49AM
    Skipton Reg saver 3 closed last night, waiting for payout today. Just paid out.
    Reg saver 4 was available today, Opened in 60 seconds, less than 1 hour for new funds to appear.

  • allegro120
    allegro120 Posts: 2,280 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 4 June at 10:16AM
    Hattie627 said:
    Principality BS

    My Regular Saver Bond Issue 34, with a maturity date of 30 May, now showing as matured into a 6 month RS (Issue 3) (my fourth of that issue, edited to third, my fourth expected on 5 June), with maturity interest added of £100.66 and £200 rolled-over and account number maintained. New MD of 30th Nov 2025. 

    Balance expected into my nominated account later today.


    Hopefully [Removed by Forum Team] won't notice what's happened
    The same here. My third 6 months issue 3 is now opened with £200, £2900.95 arrived to my bank account at 10am.
  • 10_66
    10_66 Posts: 3,507 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 4 June at 10:17AM
    Hattie627 said:
    Principality BS

    My Regular Saver Bond Issue 34, with a maturity date of 30 May, now showing as matured into a 6 month RS (Issue 3) (my fourth of that issue, edited to third, my fourth expected on 5 June), with maturity interest added of £100.66 and £200 rolled-over and account number maintained. New MD of 30th Nov 2025. 

    Balance expected into my nominated account later today. (Edited to add: Balance of £2900.66 received in nominated account before 10am on maturity date. Very efficiently done)


    Hopefully [Removed by Forum Team] won't notice what's happened


    My 6 Month (2) matures next week, as the option was available I gave my instructions a few days' ago for renewal to another 6 Month (3).  I checked the screenshot I took when I gave instructions and it does confirm I requested £200 to new 6 Month, the rest to go to nominated bank account.  However, I received a letter today (not the lady who's been mentioned above, but from someone else), saying "they're pleased to confirm they've actioned my request and the funds will go to nominated account".  No mention that £200 will go to new issue 3, which (I think) previous letters have mentioned.  So, I'm not holding my breath  :/
  • Hattie627
    Hattie627 Posts: 584 Forumite
    500 Posts Second Anniversary Name Dropper
    I'm hoping that there will be another VM RS Exclusive available when the original Issue 1 at 10% fixed matures on 31 July. Maybe not, though.
  • friolento
    friolento Posts: 3,010 Forumite
    1,000 Posts Second Anniversary Name Dropper Photogenic
    edited 30 May at 6:58PM
    Hattie627 said:
    I'm hoping that there will be another VM RS Exclusive available when the original Issue 1 at 10% fixed matures on 31 July. Maybe not, though.

    Hope's always the last thing that dies......I am hoping with you, too.

    But Nationwide now own VM, and in their AGM they have communicated quite ambitious plans for 'integrating' VM into NW. I fear this means the end of great VM interest rates, and fewer and fewer VM-branded products.


    https://forums.moneysavingexpert.com/discussion/comment/81472823/#Comment_81472823
  • Eco_Miser
    Eco_Miser Posts: 4,982 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    AndyTh_2 said:
    friolento said:
    Hattie627 said:
    I'm hoping that there will be another VM RS Exclusive available when the original Issue 1 at 10% fixed matures on 31 July. Maybe not, though.

    Hope's always the last thing that dies......I am hoping with you, too.

    But Nationwide now own VM, and in their AGM they have communicated quite ambitious plans for 'integrating' VM into NW. I fear this means the end of great VM interest rates, and fewer and fewer VM-branded products.


    https://forums.moneysavingexpert.com/discussion/comment/81472823/#Comment_81472823
    I hope it ends the dozen login systems they use for different products/original banks though, and not Nationwide going that way instead
    Well there certainly won't be many VM branded products in future,  as their licence to use the Virgin name lapses, but there may be many Clydesdale Bank branded banking products, alongside the Nationwide Building Society products. 

    Until they can a) set up a system that can handle all the different accounts and sort codes; and b) successfully migrate all the existing accounts onto it, then c) successfully merge a customers profiles from each of the legacy systems, the we are going to have multiple logins. I doubt they will ever integrate the customer facing part of the bank with the building society.

    Eco Miser
    Saving money for well over half a century
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