The Top Regular Savers Discussion Thread

Section62

soulsaver said:

Principality 6mth RS
Has anybody had one declined .. and then later issue (or immediate) subsequently actioned?

Maybe. I'll know next week.

allegro120

jaypers said:

Halifax Regular Saver…….

1) Had a letter through the post advising about it maturing on 10th November (2 months time!). Says to logon to let them know what to do at maturity. I’ve logged on via the App and via the Web and there are no options. Is this just because it’s so early.
2) Can I make an additional 13th payment on 1st November, taking the balance to £3250?

Halifax RS rolls over.  They will transfer your capital and interest to another account and you can continue depositing.  If you want to make 13th payment you will need to close the account and open a new one in order not to exceed £250 pm.  
I personally don't bother with this, the interest is not high enough for squeezing and extra £250 for a few days.  I never close it, just fund it on every 1st of the month.

allegro120

Aidanmc said:

Re Principality maturity on 13th, do you think the funds will be sent out on a Saturday?
Instruction accepted for RS4 and rest to nominated account

Based on my experience - yes, funds are sent and arrive on maturity day  (including weekends).

Descrabled

Halifax RS

Ditto Lloyds 2 off RS

I always close and renew these accounts, on or about 28th, whenever I run out of funds to feed other RS. This will be particularly useful now that £1k feed is required for the Monmouthshire accounts. Renew works quickly: close old account, log off, log on, open new account, fund new account.

Bobblehat

jaypers said:

Halifax Regular Saver…….

1) Had a letter through the post advising about it maturing on 10th November (2 months time!). Says to logon to let them know what to do at maturity. I’ve logged on via the App and via the Web and there are no options. Is this just because it’s so early.
2) Can I make an additional 13th payment on 1st November, taking the balance to £3250?

It could get you another ~38p ........ and a bit more potential work (as per Allegro120's post).

10_66

Principality

Gave maturity instructions a couple of days’ ago, maturity instruction tab updated successfully, but have just received a text message reminding me to give instructions before matures tomorrow. Unable to login until this evening to check again, but I’ve never before had a text reminder when I’ve already given instructions. 

Speculator

10_66 said:

Principality

Gave maturity instructions a couple of days’ ago, maturity instruction tab updated successfully, but have just received a text message reminding me to give instructions before matures tomorrow. Unable to login until this evening to check again, but I’ve never before had a text reminder when I’ve already given instructions. 

same. Just logged in to check and everything seems fine. The message " Maturity instruction
Your maturity request has been received and will be completed on 13 September 2025." is still showing.

pecunianonolet

Halifax

I also just got my maturity letter but I never funded the account, it's been sitting for the entire year at a NIL balance. Can I stop the rollover so I can freely open a new one at a later time? I do not want to break any T&C's so what's the correct way to have it just closed down? I had issues with Halifax before so I don't want to trigger any reviews or other sort of trouble and attention.

drphila

HSBC Maturity

As alluded to in previous posts, I am only able to withdraw on-line, not using the app

Kim_13

pecunianonolet said:

Halifax

I also just got my maturity letter but I never funded the account, it's been sitting for the entire year at a NIL balance. Can I stop the rollover so I can freely open a new one at a later time? I do not want to break any T&C's so what's the correct way to have it just closed down? I had issues with Halifax before so I don't want to trigger any reviews or other sort of trouble and attention.

Closing any Easy Access Savers you have will stop the rollover, as it means that Halifax then convert the RS to one on maturity instead.