The Top Regular Savers Discussion Thread

35har1old

Don't know if it's been mentioned but it appears Principality has closed the door on 2nd application for regular savers of the same issue via maturity  instruction got a secure message almost immediately saying not available to me

 

Bobblehat

Bridlington1 said:

Bob2000 said:

13th Payments. 

Can any of these regular saver accept a 13th payment please?

Principality Xmas saver £125pm 7%
Nationwide £200 6.5%
Coop £250 7%
Virgin £250 6.5%
Newcastle building society  £200 5.5%

Principality Xmas saver £125pm 7%- No, max balance £1.5k
Nationwide £200 6.5%- Yes
Coop £250 7%- Yes
Virgin £250 6.5%- N/A- Fixed maturity dates for both issues
Newcastle building society  £200 5.5%- No, max balance of £2.4k and has been reduced to 5.25% anyhow.

Regarding Virgin Exclusive RS, which is calendar month £250 max, if I opened Issue 3 on 01/08/2025 and it doesn't mature until 28/08/2026, can I not make a deposit on 03/08/2026 ... i.e a 13th payment? I just looked at the summary box and T&C's and can't see a mention of a maximum total deposit amount. I may have missed it, or it might be your vast knowledge knows what covers the exclusion of the 13th payment. Eager to know either way 

Bridlington1

Bobblehat said:

Bridlington1 said:

Bob2000 said:

13th Payments. 

Can any of these regular saver accept a 13th payment please?

Principality Xmas saver £125pm 7%
Nationwide £200 6.5%
Coop £250 7%
Virgin £250 6.5%
Newcastle building society  £200 5.5%

Principality Xmas saver £125pm 7%- No, max balance £1.5k
Nationwide £200 6.5%- Yes
Coop £250 7%- Yes
Virgin £250 6.5%- N/A- Fixed maturity dates for both issues
Newcastle building society  £200 5.5%- No, max balance of £2.4k and has been reduced to 5.25% anyhow.

Regarding Virgin Exclusive RS, which is calendar month £250 max, if I opened Issue 3 on 01/08/2025 and it doesn't mature until 28/08/2026, can I not make a deposit on 03/08/2026 ... i.e a 13th payment? I just looked at the summary box and T&C's and can't see a mention of a maximum total deposit amount. I may have missed it, or it might be your vast knowledge knows what covers the exclusion of the 13th payment. Eager to know either way 

I appreciate I was probably a bit vague by putting N/A. By ``N/A- Fixed maturity dates for both issues" I meant there is no specified maximum balance, you can find each month till it matures including the month of maturity but the number of payments you can make isn't affected by when in the month you open the account.

It made sense to me when I typed it anyhow but shall amend my post for clarity.

Bobblehat

Thanks Bridlington1, I appreciate the confirmation!

saverkev

35har1old said:

Don't know if it's been mentioned but it appears Principality has closed the door on 2nd application for regular savers of the same issue via maturity  instruction got a secure message almost immediately saying not available to me

 

Principality 

Applied to renew to new Regular Saver which matures 13th last Sunday - new Regular Saver accepted

clairec666

35har1old said:

Don't know if it's been mentioned but it appears Principality has closed the door on 2nd application for regular savers of the same issue via maturity  instruction got a secure message almost immediately saying not available to me

 

Mine appears to have been accepted. Submitted maturity instructions the weekend before last, and received confirmation by post today. Matures on Sunday so will see what happens!

AndyTh_2

clairec666 said:

35har1old said:

Don't know if it's been mentioned but it appears Principality has closed the door on 2nd application for regular savers of the same issue via maturity  instruction got a secure message almost immediately saying not available to me

 

Mine appears to have been accepted. Submitted maturity instructions the weekend before last, and received confirmation by post today. Matures on Sunday so will see what happens!

mine got an acceptance letter but it only mentioned the transfer out to external bank, so I'm not sure if they'll transfer it all out or leave the £200 in for the switch over

Bob2000

Bridlington1 said:

Bob2000 said:

13th Payments. 

Can any of these regular saver accept a 13th payment please?

Principality Xmas saver £125pm 7%
Nationwide £200 6.5%
Coop £250 7%
Virgin £250 6.5%
Newcastle building society  £200 5.5%

Principality Xmas saver £125pm 7%- No, max balance £1.5k
Nationwide £200 6.5%- Yes
Coop £250 7%- Yes
Virgin £250 6.5%- N/A Yes- Fixed maturity dates for both issues rather than set maximum balance.
Newcastle building society  £200 5.5%- No, max balance of £2.4k and has been reduced to 5.25% anyhow.

Thank you, sir, for the information. 
And adding to the love in for Bridlington1, you're very much appreciated  by me too.

Bob2000

allegro120 said:

Bob2000 said:

13th Payments. 

Can any of these regular saver accept a 13th payment please?

Principality Xmas saver £125pm 7%
Nationwide £200 6.5%
Coop £250 7%
Virgin £250 6.5%
Newcastle building society  £200 5.5%

Principality Xmas saver £125pm 7% - no
Nationwide £200 6.5% - yes
Coop £250 7% - yes
Virgin £250 6.5% - yes
Newcastle building society  £200 5.5% - no

Are you sure Newcastle pays 5.5%?  Mine (issue 1) is paying 5.25%. 

Yes, my mistake NBS 5.25%.
Thank you also for the information. 

Hattie627

AndyTh_2 said:

clairec666 said:

35har1old said:

Don't know if it's been mentioned but it appears Principality has closed the door on 2nd application for regular savers of the same issue via maturity  instruction got a secure message almost immediately saying not available to me

 

Mine appears to have been accepted. Submitted maturity instructions the weekend before last, and received confirmation by post today. Matures on Sunday so will see what happens!

mine got an acceptance letter but it only mentioned the transfer out to external bank, so I'm not sure if they'll transfer it all out or leave the £200 in for the switch over

I checked paperwork for previous 6 month RS maturities which rolled over to a new 6 month RS. The initial "acceptance letter" received by post a day or so after entering the maturity instructions online (and dated before the maturity date) only mentioned the transfer out to external bank, no mention of £200 being rolled over to a new 6 month RS. When the maturity date arrived, the instructions were fully complied with (ie £200 to new 6 month RS and balance transferred out). After the maturity date, a second letter was received confirming rollover of £200 and transfer of £ balance out. So I wouldn't be too concerned.