The Top Regular Savers Discussion Thread

Hattie627

10_66 said:

Hattie627 said:

Principality BS 6 month RS Issue 3

The first (of 3) of my Issue 3's matures on 13th September. I haven't received any maturity options letter so far. My recollection of previous 6 month RS maturities (issues 1 and 2) is that I didn't receive a letter (?) but a function to choose maturity options became available online in advance of the maturity date. Issue 3 of the 6 month RS is still shown as available on the PBS website, so I am hoping that I can mature into a new one on 13th September. Can anyone recall how far in advance of the date of maturity the maturity options function has become available in previous 6 month RS maturities? I appreciate that 13th September will be the first date on which Issue 3's will be maturing.

@Hattie627 are you seeing a maturity option online yet?  Mine also matures on the 13th, so just a couple of weeks away.

No, not seeing maturity option yet. I checked the t and c's and maturity options should be available 14 days before maturity which is tomorrow for 13th September. Im planning to check tomorrow

Edited to add: I've just seen jaypers post which I agree with

Hattie627

Monmouthshire BS

I've noticed that most or even all (?) their regular savers give the following 31 March as the next interest date online, irrespective of when the interest is actually due. Seems to be a system fault.

Chaykin

I have posted an application form and, although hesitant originally, also a cheque for £500.00 to MonBS head office in Newport (~200 miles by road from where I live) for their Branch Exclusive Regular Saver at around 6:00 PM on Wednesday night via 1st Class using a postbox with last collection at 7:00 PM. The account appeared on their app today at around 11:00 AM with a balance of £0.00. When I checked the app later in the day - around 6:30 PM - the £500.00 is now showing as in with a description "Cheque Receipt". Happy days! Impressed at the speed.

Another £500.00 going in on Monday via bank transfer.

Archerychick

jaypers said:

Thanks for the info re Principality Issue 4. Got an Issue 3 maturing in 3 weeks so could open an Issue 4 just now and fully funded. Now need to work out if a second Issue 4 is possible at maturity time for Issue 3!

I have an issue 3 maturing in a little over 2 weeks. I’ve just opened an issue 4, so time will tell when I fill in the maturity instruction on Monday!

Hattie627

Chaykin said:

I have posted an application form and, although hesitant originally, also a cheque for £500.00 to MonBS head office in Newport (~200 miles by road from where I live) for their Branch Exclusive Regular Saver at around 6:00 PM on Wednesday night via 1st Class using a postbox with last collection at 7:00 PM. The account appeared on their app today at around 11:00 AM with a balance of £0.00. When I checked the app later in the day - around 6:30 PM - the £500.00 is now showing as in with a description "Cheque Receipt". Happy days! Impressed at the speed.

Another £500.00 going in on Monday via bank transfer.

Excellent luck. I posted mine on Wed am (in time for uplift later that day at 6pm) but with second class stamp. Nothing showing on the app yet to suggest account open. Looks like I have missed out on August. Oh well, some you win, some you lose

poshrule_uk

I have only just seen there is a new Principality 6 month account.

If I open now or tomorrow will my funds be credited before the end of the month or will they go in Monday?

Hattie627

poshrule_uk said:

I have only just seen there is a new Principality 6 month account.

If I open now or tomorrow will my funds be credited before the end of the month or will they go in Monday?

Funds sent tomorrow (or tonight) will be treated as received on the same date as sent. See entry for the PBS 6 month RS (Issue 4) on page 1 of this thread. 

allegro120

poshrule_uk said:

I have only just seen there is a new Principality 6 month account.

If I open now or tomorrow will my funds be credited before the end of the month or will they go in Monday?

From t&c - "if sent on a non-business day (e.g., weekend or holiday), they’ll be processed on the next business day.  However, I've made weekend deposits for many years and they always arrived on the day.  So if you open and fund tomorrow your deposit should count towards this month.   

jaypers

poshrule_uk said:

I have only just seen there is a new Principality 6 month account.

If I open now or tomorrow will my funds be credited before the end of the month or will they go in Monday?

Principality payments in usually show within 2 hours regardless of weekday or weekend. I’ve often paid in on a weekend and it always goes in same day. Processed by Barclays and pretty sure they run a sweep every 2 hours to pick up the payments. 

HHUK

Hattie627 said:

I posted mine on Wed am (in time for uplift later that day at 6pm) but with second class stamp. Nothing showing on the app yet to suggest account open. Looks like I have missed out on August. Oh well, some you win, some you lose

Monmouthshire

Similar for me. I seem to recollect that when Monmouthshire's Christmas RS was the stand out account a few years ago they were inundated, which led to processing delays, and they treated applications as having been received the day after the date of the signature and/or cheque. Hoping they may do the same again, but que sera, sera.