The Top Regular Savers Discussion Thread

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?

chris_the_bee

s71hj said:

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. 

Internal transfers i.e.EA to RS do show immediately. A payment from any bank to Principality EA takes a few hours to appear.

jameseonline

Slinky said:

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.

I believe Principality have a max deposit balance in place so no extra payments 

chris_the_bee

jameseonline said:

Slinky said:

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.

I believe Principality have a max deposit balance in place so no extra payments 

Correct, max is £1200

s71hj

jameseonline said:

Slinky said:

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.

I believe Principality have a max deposit balance in place so no extra payments 

Mine didn't nt seem to I'll check back now. 

flaneurs_lobster

s71hj said:

jameseonline said:

Slinky said:

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.

I believe Principality have a max deposit balance in place so no extra payments 

Mine didn't nt seem to I'll check back now. 

It's in the Summary Sheet for Issue 3 & 4, just below the para stating that you can't have more than one account of the same issue.......