The Top Regular Savers Discussion Thread

pecunianonolet

chris_the_bee said:

pecunianonolet said:

chris_the_bee said:

ForumUser7 said:

liamcov said:

New account from Saffron! 

Refer a Friend regular saver 8%

£50 month / max £600.

Must complete a 'survey' providing the name of another Saffron customer who has 'referred' you (otherwise they say they will close your account down!)

https://www.saffronbs.co.uk/MM_Refer_a_Friend_Saver

I don’t understand this one - is it basically new customers only?

Saffron
No, existing customers can apply (I just did & account opened), however you must be referred by an existing Saffron member. You must complete the friends details (panel on RHS of web page) before applying. If your spouse has an existing account, you can both refer each other.
.

So OH and I basically just have to open both a new E-Saver today to become customers and once open we refer each other for the reg saver and open that one today too. We fund the reg saver today and again tomorrow? 

Sounds like a lot of faff for very little gain but still better to have £50 at 8% vs £50 at 5% at Cahoot. 

Would the above work?

Saffron
No. 
"You must have been referred by an existing member holding a Member’s Month Loyalty Saver."

Ok, won't bother in that case. 

jameseonline

Had 2 Regulars mature:
I had my TSB mature & interest credited today, £782.36, £750 funds + £32.36 interest.

Think it may have matured early but I'm not complaining.

I also had my Club Lloyds mature, £1758.42, £1663.39 funds + £95.03 interest.

Opened a new Club Lloyds earlier with £400.

Also withdrew most of my funds from NatWest & RBS regulars & transferred to my Santander Edge Saver.

Sorted myself with a decent Iceland shop too because I need to stock up & wasn't expecting the money to be available.

Not sure if there's not much else I can do at the mo, maybe try my luck with Principality?, probably can't fund Club Lloyds again until July because of the way my deposit is dated.

Saffron ending on 6th June, according to the maturity thing that's going to be £26.46 on £600 funds.
Principality 6 Month ending on 10th June.
Principality 6 Month ending on 28th June.

35har1old

IanManc said:

10_66 said:

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 Lisa 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 

I gave the same instruction as you in the same circumstances for a 6 month account that matured today, and also got exactly the same letter, but my instructions have been fully carried out, so I've now got my second 6 Month Issue 3 with £200 in it, and the rest of my money is in my current account.

I would be concerned if they discover the error as you have ticked a box confirming that you have read the summary.

surreysaver

35har1old said:

IanManc said:

10_66 said:

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 Lisa 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 

I gave the same instruction as you in the same circumstances for a 6 month account that matured today, and also got exactly the same letter, but my instructions have been fully carried out, so I've now got my second 6 Month Issue 3 with £200 in it, and the rest of my money is in my current account.

I would be concerned if they discover the error as you have ticked a box confirming that you have read the summary.

If the computer allows it to be opened, the computer must share the responsibility with the customer 

jameseonline

Just opened my 1st Principality 6 Month Issue 3 & sent £200 to it, I'll try my luck getting another in a few days 🤣

ForumUser7

jameseonline said:

Just opened my 1st Principality 6 Month Issue 3 & sent £200 to it, I'll try my luck getting another in a few days 🤣

Did you get a message saying the reference didn't match when you made the deposit? Wondering if this is normal when the account is recently opened

Section62

Bridlington1 said:

Bridlington1 said:

Saffron BS Members Month RS to be launched 2nd June 2025:

8% Fixed
£50 per calendar month max
1 withdrawal/mth

In addition I have been able to give maturity instructions over the phone for my old Member's Month RS to be converted into a new Members Month RS upon its maturity next month.

The Saffron Member's Month RS and Refer a Friend RS are now both showing online as maturity options for the old Member's Month RS.  The (new) Member's Month one shows as 8%, though has no other details. But it can be selected.  The Refer a Friend RS 'more info' link seems to be broken as it goes to the Small Saver RS summary box.

I vaguely considered selecting the Refer a Friend option to see if that bypassed the referral, but decided not to risk it in case Saffron have their own version of '[Removed by Forum Team]'.

flaneurs_lobster

Section62 said:

.....in case Saffron have their own version of '[Removed by Forum Team]'.

Tracy?    

WillPS

ForumUser7 said:

jameseonline said:

Just opened my 1st Principality 6 Month Issue 3 & sent £200 to it, I'll try my luck getting another in a few days 🤣

Did you get a message saying the reference didn't match when you made the deposit? Wondering if this is normal when the account is recently opened

Yes, this is perfectly normal and is generally the experience with all building societies and even some of the smaller banks (this happened yesterday with me and Virgin Money). They all update the Confirmation of Payee (CoP) database overnight, only the bigger players and the fintechs update it more frequently.

friolento

janusdesign said:

update: reply by secure message from the digital team to my previous message...

Thank you for your secure message.

We do appreciate that you have held more than one account of the same issue previously but as stated in the terms and conditions for this account you are only able to have one account of the same issue number. We are aware that are system on occasion allows customers to have more than one account.

We’re here to help

Beth
Your Digital Service Team

It's good of you that you have alerted other Principality CS folks, so we can be sure they are all on the case. We don't want to have multiple good accounts, do we.