The Top Regular Savers Discussion Thread

Aidanmc

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

Hattie627

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

Previous 6 month RS maturities were actioned on a Saturday, so I'm expecting my 13 Sep maturity to be actioned on the day.

s71hj

Hattie627 said:

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.

Great detective work! 

kermchem

Hattie627 said:

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.

I would hazard a guess that the staff at Principality process your request for what to do when your account matures, and this generates a letter (Royal Mail = £) telling you where the balance is going to go, AND their system prepares your old account to roll over with no further human intervention on maturity day. My evidence is that my last maturity rolled into a 6 month RS issue 3, despite issue 4 being released between the letter being sent and the maturity date. 

soulsaver

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

jaypers

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?

ColdIron

jaypers said:

Halifax Regular Saver…….
2) Can I make an additional 13th payment on 1st November, taking the balance to £3250?

Yes, yes you can

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.

shirley999

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?

I've not had any notification and mine matures late October.  
If you make a 13th payment on 1st November you will be unable to make a November payment into the new one that starts on 14th November, unless someone knows of a workaround.

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.