The Top Regular Savers Discussion Thread

francoghezzi

Hal17 said:

The Scottish Building Society Passbook seems to be taking a while to arrive in the post. I can see that my cheques has been cashed and Customer Services said it has been posted. Guess it's coming slow mail.

SCOTTISH BUILDING SOCIETY
 Coming with Royal Mail even the Id and the pass key to go on line for the first time. Rs opened and funded last week on Wednesday, passbook arrived on Saturday but still waiting to have access on line. I called them (and they have been really nice, tbh) to make sure that my deposit had landed safely on the account

Kim_13

friolento said:

Kim_13 said:

Monmouthshire

Anyone know if there’s a way to hide a closed/empty account in the app? Or whether it would disappear from the app if I logged into the website and hid it there?

My closed accounts don't show in the app. I have hidden them online - don't know whether this is a pre-req but I doubt it is.

AFAIK, empty accounts will always show in the app. You'd have to close them to make them disappear from view.

I said closed/empty as I had requested a withdrawal for the full balance - historically this has prompted a secure message from Mon BS saying that they have closed the account for that reason and that the funds will be in the nominated account by the end of the day. I’ll dig out my login details if the account doesn’t disappear with tomorrow’s refresh and see if there is anything there.

The app looks as though it doesn’t save a nominated account - potentially handy come next summer as the proceeds could be split across multiple current accounts and mean no money shuffling, only onward distribution. 

mhoc

I also have the Principality Christmas savers maturing on the 24th. Useful for funding the end of the month SOs. 

But I also have Principality issue 35s - for OH and myself maturing on the 31st.
These will fund the November standing orders which mostly seem to be going out on November 3rd this year - assuming that the maturing funds will arrive overnight on November 1st but will they show on my Nationwide current account as its a Saturday ... ???
 - it might be a nail biting weekend  
If my nerve does not hold there is Plan B - I've still got some left in leek BS that needs transferring out. 

soulsaver

SCOTTISH BUILDING SOCIETY
I had a courtesy call from them ..just now.

I took the opportunity to interrogate the lady regarding the rumoured online version:

She confirmed it is planned

Also confirmed same rate

Also confirmed.. you can't hold both ..  

Kim_13

Progressive

Opened and funded Monday by debit card, but have since received an email from them titled you still have time. Seems there was a glitch and I now have this (sorry for the link, the choose files option didn’t add the screenshot when I selected it from my photos, tried several times.)

https://imgbox.com/UrLwBjvk

I suspect it happened as it seemed to send me back a page when I downloaded the summary sheet (after which I just ticked the rest off without reading them to avoid any further problems.) Any views on whether I can press cancel safely? It shouldn’t affect my funded account surely, but a part of me wonders whether I should just let the ‘application’ time out. 

Strangely the name on one is my name as it appears for COP purposes, and the other is title, initials, surname.

Kim_13

soulsaver said:

SCOTTISH BUILDING SOCIETY
I had a courtesy call from them ..just now.

I took the opportunity to interrogate the lady regarding the rumoured online version:

She confirmed it is planned

Also confirmed same rate

Also confirmed.. you can't hold both ..  

I get paid the week after next so any time after that is fine 😂

clairec666

Kim_13 said:

Progressive

Opened and funded Monday by debit card, but have since received an email from them titled you still have time. Seems there was a glitch and I now have this (sorry for the link, the choose files option didn’t add the screenshot when I selected it from my photos, tried several times.)

https://imgbox.com/UrLwBjvk

I suspect it happened as it seemed to send me back a page when I downloaded the summary sheet (after which I just ticked the rest off without reading them to avoid any further problems.) Any views on whether I can press cancel safely? It shouldn’t affect my funded account surely, but a part of me wonders whether I should just let the ‘application’ time out. 

Strangely the name on one is my name as it appears for COP purposes, and the other is title, initials, surname.

I had a similar glitch with my application. Ended up on some kind of error page after pressing "Submit", assumed my application hadn't completed, but when I logged in again I had one open account and one pending. It wouldn't me proceed with the pending account as I was now ineligible (so no, this isn't a sneaky way of getting an extra account). Cancelled the pending one, and got an email confirmation that I'd cancelled it, but no email confirmation of the account I'd actually opened. All a bit strange. Still, the "real" account is now open and funded. All good.

Edit: @Kim_13 can't confirm what will happen in your situation, as I funded after cancelling the pending one.

s71hj

Interested in people's thoughts. Based on something I read on here I'm thinking of opening Principality RS accounts 1 Yr bond at 4.85%and 1 Yr triple access at 4.95%. Both below my normal threshold but idea was to fund at £1 and hopefully be able to gain something profitable as a maturity option, given that Principality seem to have loopholes in their maturity policy. Is there anything wrong with this strategy? 

Kim_13

s71hj said:

Interested in people's thoughts. Based on something I read on here I'm thinking of opening Principality RS accounts 1 Yr bond at 4.85%and 1 Yr triple access at 4.95%. Both below my normal threshold but idea was to fund at £1 and hopefully be able to gain something profitable as a maturity option, given that Principality seem to have loopholes in their maturity policy. Is there anything wrong with this strategy? 

1 Year Triple Access did not have any maturity options when 2024's early accounts matured this year (April I believe.) Has anyone had one maturing with options since?

kermchem

s71hj said:

Interested in people's thoughts. Based on something I read on here I'm thinking of opening Principality RS accounts 1 Yr bond at 4.85%and 1 Yr triple access at 4.95%. Both below my normal threshold but idea was to fund at £1 and hopefully be able to gain something profitable as a maturity option, given that Principality seem to have loopholes in their maturity policy. Is there anything wrong with this strategy? 

I have matured the 1 year RS Bond issue 34 into 6 month RS Issue 3, which I might already have had one of. As a beginner at this game I seem to have done this only once.