The Top Regular Savers Discussion Thread

chris_the_bee

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.

Yes, fixed rate. Link below.
https://www.principality.co.uk/home/savings/savings-accounts/6-month-regular-saver

janusdesign

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).

10_66

surreysaver 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?

I've opened up the Maturity Winter Saver. My one matured nearly a year ago, shows as paying 6.25% once funded!
I wonder how much of this could be deemed as taking the mickey? There's nothing saying you cannot do this. I like Principality, so wouldn't want to abuse them, but if they're not going to keep their IT tidy...

I'd been doing this for a while, but a few months' ago they caught on and closed all the off-sale ones I'd opened and returned funds.  I hadn't been in touch with them over anything, it just came out of the blue.

Bigwheels1111

You have to be kidding me, Just opened and funded a Principality issue 3 today from maturing account.

Now opened an issue 4, the monmouthshire reg 8 I think it is, plus the App exclusive issue 1 at 1K a month.

Its like an addiction.

Bemr

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.

nomorekids said:

Just a theory but these links might prove more useful to us in the future if I'm correct because it by passes agreeing to the account T & C's
Thoughts?

No, it’s the opposite, as above…

allegro120

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).

I've ignored CoP, sent £200 at 11:45, money arrived before 12:30.  Can't go wrong if copy/paste the account and reference number.

I agree - no point waiting for maturity of another account.  It's better to maximise chances for multiple issue 4 and also get £200 working at @7.5% sooner rather than later.  My nearest Principality maturity is on 13th Sept, so in theory I should be able to apply for the second issue 4 tomorrow or Saturday (can't remember if it's 14 or 15 days prior to maturity).

gambleruk

This is probably me being simple but with both Principality and Monmouthshire I have set up two different regular savers but when I try to fund the second one through my Natwest account it refers back to my first account as it is in my saved payee's and tells me I have to delete the first one to fund the second one ? Is there a way to have both set up with the different reference numbers ?

JamesRobinson48

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.

flaneurs_lobster

gambleruk said:

This is probably me being simple but with both Principality and Monmouthshire I have set up two different regular savers but when I try to fund the second one through my Natwest account it refers back to my first account as it is in my saved payee's and tells me I have to delete the first one to fund the second one ? Is there a way to have both set up with the different reference numbers ?

With NatWest/RBS - no.

Do you have another current account you can use (if not, why not)?

I use FirstDirect and Chase to fund these multiple same account/different reference savers, I'm sure other accounts allow it too.

anna42hmr

gambleruk said:

This is probably me being simple but with both Principality and Monmouthshire I have set up two different regular savers but when I try to fund the second one through my Natwest account it refers back to my first account as it is in my saved payee's and tells me I have to delete the first one to fund the second one ? Is there a way to have both set up with the different reference numbers ?

unfortunately not if using only Natwest (or indeed RBS)  as their accounts will only allow one payee with the same account number and sort code regardless if the reference number differs.  I would set up a standing order from an alternative current account if you have one.