The Top Regular Savers Discussion Thread

Chaykin

Oh dear... With Principality I currently got 3x Issue 3 RSs and 1x, recently opened, Issue 4. One of the RS3 matures on the 13/09 like a lot of other Forumites here. Not got any letters through the post about maturity options yet but I guess one is likely to pop through the door soon. They do give RS4 as an option online but might wait with submitting my instructions until nearer the time to try and slip through the net - and they-who-must-not-be-named member of staff.

RosieRooBear

Principality 6mth R/S
I gave my instructions too this morning, no dreaded email yet though 🤞. Maybe a work around if a member of staff doesn’t allow the maturity instructions to go through, is to close the R/S 4 which most of us would have already opened, give updated maturity instructions for a R/S 4, and then open a new R/S 4 manually just before the old R/S 3 matures 🤷🏼‍♀️

poshrule_uk

allegro120 said:

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 said:

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. 

Thanks both. One opened for me and the other for my wife!

schiff

I've got 8 Princky RSs maturing in a period of one month shortly, so I may be setting the world record! 

Bridlington1

schiff said:

I've got 8 Princky RSs maturing in a period of one month shortly, so I may be setting the world record! 

You've beaten me then, my maturities seem to've ended up a a bit more spread out.

clairec666

RosieRooBear said:

Principality 6mth R/S
I gave my instructions too this morning, no dreaded email yet though 🤞. Maybe a work around if a member of staff doesn’t allow the maturity instructions to go through, is to close the R/S 4 which most of us would have already opened, give updated maturity instructions for a R/S 4, and then open a new R/S 4 manually just before the old R/S 3 matures 🤷🏼‍♀️

Ah, that sounds like it might work. I've got an issue 2 maturing in a couple of week, probably should have waited for maturity instructions etc. before opening issue 4, but inevitably got too excited by the new issue and snapped it up as soon as it was available.

FishInGlass

s71hj said:

Got my Principality maturity stuff by post as did my wife. Both included literature about RS 4 but that was not included in the tick boxes as an option

Ditto - on the back of the letter there is a something saying exclusing maturity products for you with a QR code. If you scan this it takes you to a page offering one choice only - a 1 year regular saver at 4.85% details of which are also in the literature sent. My first RS3 doesn't mature until the 14th September so I can't see it online yet.

allegro120

youngretired said:

I've got a Coventry Sunny Day Saver maturing on the 6th and a Yorkshire Loyalty Saver maturing on the 10th. I haven't received any instructions or messages about maturity instructions. Has anyone else that have these maturing soon, received anything? My post doesn't seem to be getting delivered again regularly.

Coventry SDS - balance will be automatically transferred to EAS (7) paying 2.5%.
YSB LRS - balance will be transferred to an easy access online account.  I guess it will be EAS issue 3 paying 4%. Or they might offer you EAS Reward paying 4.15%.

topyam

So...
I opened issue 3 mid Aug
Can I open issue 4 then as well?
From reading these messages, seems I can?

Bridlington1

topyam said:

So...
I opened issue 3 mid Aug
Can I open issue 4 then as well?
From reading these messages, seems I can?

Yes, you can hold one of each issue. I have both issues, I've also got some of their other regular savers.