The Top Regular Savers Discussion Thread

clairec666

Bemr said:

clairec666 said:

Not wishing to stir up trouble for Principality, but....

If you edit the value for ProductCode in the link, you can access earlier accounts which are no longer available. Looks like 6080 is issue 1 and 6083 is issue 2. Anyone bold enough to see if they can open one?

They will close it after a few days and say that because the T&C’s weren’t available at the point of application you were not able to agree to them and so the application was invalid.

Fair enough. I'm surprised they haven't sorted out their system so that people are prevented from even opening unavailable accounts in the first place, it would save them the hassle of weeding them out later.

chris_the_bee

JamesRobinson48 said:

chris_the_bee said:

Principality 6 month RS
Assuming account numbers are allocated sequentially, 2021 accounts were opened in 10 minutes. £404,200 per month, £2,425,200 per 6 months.....and counting!

Are you allowing for the fact that the final digit of the account number is likely to be what's called a 'check digit'?  If you are not allowing for that, then I imagine a more realistic figure would be 202 new accounts opened in ten minutes.

No, I was not allowing for that.

Speculator

Will probably close my Principality Healthy habits a few months early to help fund all these new regular savers.

jameseonline

Speculator said:

Will probably close my Principality Healthy habits a few months early to help fund all these new regular savers.

It's on my list to close, got like £900 in

jameseonline

Just got my Principality Issue 4, really quick to get while logged in.

Hopefully the 1st of many Issue 4's 😏😉😁

kermchem

I have a Principality 1 year regular saver bond due to mature tomorrow, and already set up to roll to a new 6 month regular saver (because the online form offered that as an option). This would have been my third issue 3 6 month saver. Presumably tomorrow I am going to get an issue 4. And if I open an issue 4 this afternoon?
I do hope that Principality can cope in 6 months with all those accounts opened on August 28, 29, 30 and 31 maturing on February 28th. 

chris_the_bee

kermchem said:

I have a Principality 1 year regular saver bond due to mature tomorrow, and already set up to roll to a new 6 month regular saver (because the online form offered that as an option). This would have been my third issue 3 6 month saver. Presumably tomorrow I am going to get an issue 4. And if I open an issue 4 this afternoon?
I do hope that Principality can cope in 6 months with all those accounts opened on August 28, 29, 30 and 31 maturing on February 28th. 

Surely for a 6 month account, those opened on August 29, 30 or 31 will mature on March 1,2 & 3 (although 1st is a Sunday)

Slinky

Can somebody please remind me about issue 3. I've got £1200 in it, can I make an additional payment on 1st September, account due to mature on 30th, or will it bounce back? If so, I need to cancel a standing order.

s71hj

janusdesign said:

Digital_Payback said:

Aidanmc said:

Digital_Payback said:

clairec666 said:

surreysaver said:

homestraight said:

Bridlington1 said:

clairec666 said:

Bridlington1 said:

Principality BS 6 Month Regular Saver (Issue 3) at 7.5% to go NLA within hours.

Replaced by Issue 4 at the same rate.

Nice on Principality - I was expecting them to cut the rate. I'm assuming it's still fixed rate? Moneyfactscompare doesn't say, and Principality's website is still showing the issue 3.

It's fixed, I opened and fully funded it shortly after midnight and this shows in online banking

Hi

Do you have a direct link please? I'm still getting issue 3 showing when I try to apply and an application is refused

Thanks

https://online.principality.co.uk/OriginationsUI/Step1?ProductCode=6086&ProductType=RegularSaver

Just went to the application for the Issue 3 and changed the 6084 to 6086 in the address bar

Hah, you beat me to it. If you edit the product code you can access accounts which aren't advertised on the website yet.

Managed to open the issue 4 easily enough, but now, wanting to fund it, Starling won’t recognise my account reference as valid. 

Maybe I just need to wait!

Think it takes up to 24hrs in some cases. I continued with the transaction from Halifax even though the reference wasn't recognised. Triple checked it though!

Just funded £1 to the new Principality 6 month reg. saver, until COP is recognised. 

I find it easier to keep an EA account (with £1 balance) with them for these purposes - I can move £200 to it now, wait for it to appear in the EA account and then internally move it to the new RS later today... and then come Monday when I do the RS deposits, the new account should pass CoP.

I did toy with waiting until my next RS3 matures on the 13th and using this RS4 as the upgrade path - but easier to bite the bullet and open a new account... worst case, I only end up with this one account... best case, the other 3 x RS3 can be matured into 3 x RS4 (member of staff permitting).

Thanks for this nifty little hack. Annoyingly unlike some building societies the transfer of funds from the EA to the RS doesn't show instantly but hopefully quicker than awaiting COP. 

jameseonline

kermchem said:

I have a Principality 1 year regular saver bond due to mature tomorrow, and already set up to roll to a new 6 month regular saver (because the online form offered that as an option). This would have been my third issue 3 6 month saver. Presumably tomorrow I am going to get an issue 4. And if I open an issue 4 this afternoon?
I do hope that Principality can cope in 6 months with all those accounts opened on August 28, 29, 30 and 31 maturing on February 28th. 

We don't know if Principality have closed the maturity loophole that permits multiple 6 month from being opened but in theory you might be able to hold multiple issues 4's same as issue 3's etc, but yea apply normally for an issue 4 1st then try maturity options.

If you applied for an Issue 3 via maturity I'm guessing they have to honour it, you'll know more tomorrow I guess, have you tried applying for an issue 4 today?