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The Top Regular Savers Discussion Thread
Comments
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I personally choose option 2 and it’s never failed me yet 🤞, although always a first. Yesterday had a 6mth issue 3 RS mature and rolled over into an issue 4, and today have given instructions for my Xmas Saver for another issue 4. Currently have two 6mth issue 3’s RS remaining and three 6mth issue 4’s.s71hj said:
Is the consensus that option 4 is better than option 2?Bobblehat said:
Hopefully done and dusted! After reading on here that the maturity Instructions for the Xmas RS were now available for accounts maturing 24/10, I logged in to see that the 6 month RS was listed under option 4. I nearly hit the button there and then, but remembered just in time that I hadn't applied for my 1st version of the 6 month RS manually yet! I couldn't see anywhere to apply for it while logged in!s71hj said:
Anyway, logged out, applied for my 1st 6 month RS, required to log back in again, and sent £1 ignoring Santander's COP. I'll see how long it takes to arrive.
While still logged in, completed the maturity instructions for the Xmas RS, so it's a case of waiting to fund another £199 on the 1st one, and seeing what happens on the 24th regarding a 2nd one!
Many thanks to Forumites for their advice in getting me started with the 6 month RS saga ... if it works, that will be great, if not, there's little lost, I'll just need a plan B
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I thought a 'low decimal point' was using a full stop because your typewriter didn't have a proper decimal point key!s71hj said:
Hence I assume leaving it at a low £1 ish investment then the loss is in the low decimal point £ type of area.janusd said:
assuming that they allow you to - treat is as cashback, e.g not guaranteed... if they allow you to renew it, it's a bonus not a certainty... I have 4 x RS maturing with them this year (including the Xmas on the 24th) and from my previous experience, I don't expect to be allowed to renew any of them to RS4 (as I already have 1)... it won't stop me trying to each time, but I approach them with zero expectation of success (though have a green shirt handy to increase my chances).RosieRooBear said:
No, you rollover the maturing one to a 6 month RS4 and you can open a Christmas saver separately if they do release one.easyasonetwothree said:
Though they might bring out another Christmas saver which could be worth considering.Hattie627 said:I have a Principality Christmas 2025 RS maturing on 24th October. I'm hoping to do a rollover to the 6 month RS (issue 4). I can't remember when the online maturity options menu normally appears, possibly 14 days before maturity (which would be tomorrow). Can anyone remember if it's 14 days or 7 days?2 -
I have selected that that at least twice now and each time it’s accepted, then later declined…. Last one was on a Sunday with a green shirt and lucky pants on as well. I have never managed to obtain more than 1 issue of the 6M accounts.RosieRooBear said:
I personally choose option 2 and it’s never failed me yet 🤞, although always a first. Yesterday had a 6mth issue 3 RS mature and rolled over into an issue 4, and today have given instructions for my Xmas Saver for another issue 4. Currently have two 6mth issue 3’s RS remaining and three 6mth issue 4’s.s71hj said:
Is the consensus that option 4 is better than option 2?Bobblehat said:
Hopefully done and dusted! After reading on here that the maturity Instructions for the Xmas RS were now available for accounts maturing 24/10, I logged in to see that the 6 month RS was listed under option 4. I nearly hit the button there and then, but remembered just in time that I hadn't applied for my 1st version of the 6 month RS manually yet! I couldn't see anywhere to apply for it while logged in!s71hj said:
Anyway, logged out, applied for my 1st 6 month RS, required to log back in again, and sent £1 ignoring Santander's COP. I'll see how long it takes to arrive.
While still logged in, completed the maturity instructions for the Xmas RS, so it's a case of waiting to fund another £199 on the 1st one, and seeing what happens on the 24th regarding a 2nd one!
Many thanks to Forumites for their advice in getting me started with the 6 month RS saga ... if it works, that will be great, if not, there's little lost, I'll just need a plan B0 -
What was option 2? It's disappeared now that I've made my selection!s71hj said:
Is the consensus that option 4 is better than option 2?Bobblehat said:
Hopefully done and dusted! After reading on here that the maturity Instructions for the Xmas RS were now available for accounts maturing 24/10, I logged in to see that the 6 month RS was listed under option 4. I nearly hit the button there and then, but remembered just in time that I hadn't applied for my 1st version of the 6 month RS manually yet! I couldn't see anywhere to apply for it while logged in!s71hj said:
Anyway, logged out, applied for my 1st 6 month RS, required to log back in again, and sent £1 ignoring Santander's COP. I'll see how long it takes to arrive.
While still logged in, completed the maturity instructions for the Xmas RS, so it's a case of waiting to fund another £199 on the 1st one, and seeing what happens on the 24th regarding a 2nd one!
Many thanks to Forumites for their advice in getting me started with the 6 month RS saga ... if it works, that will be great, if not, there's little lost, I'll just need a plan BCompiler of the RS League Table.
Being nosey... How many Regular Saver accounts do you have? — MoneySavingExpert Forum0 -
Open new 6M RS and transfer £200 with rest going to nominated account.Bobblehat said:
What was option 2? It's disappeared now that I've made my selection!s71hj said:
Is the consensus that option 4 is better than option 2?Bobblehat said:
Hopefully done and dusted! After reading on here that the maturity Instructions for the Xmas RS were now available for accounts maturing 24/10, I logged in to see that the 6 month RS was listed under option 4. I nearly hit the button there and then, but remembered just in time that I hadn't applied for my 1st version of the 6 month RS manually yet! I couldn't see anywhere to apply for it while logged in!s71hj said:
Anyway, logged out, applied for my 1st 6 month RS, required to log back in again, and sent £1 ignoring Santander's COP. I'll see how long it takes to arrive.
While still logged in, completed the maturity instructions for the Xmas RS, so it's a case of waiting to fund another £199 on the 1st one, and seeing what happens on the 24th regarding a 2nd one!
Many thanks to Forumites for their advice in getting me started with the 6 month RS saga ... if it works, that will be great, if not, there's little lost, I'll just need a plan B0 -
It's bound to eventually, otherwise you'll get people with absurdly high numbers of 6 month RSs.potlings said:Surely this bubble must burst?
I seem to recall some have reported PBS manually reviewing and closing some people's accounts that've been opened after they went NLA. Sooner or later I'd imagine they'll run a report on duplicate accounts and do a cull. Alternatively they could remove the RS as a maturity option or manually check maturing accounts.
The question that remains though is when shall the bubble burst.0 -
Some readers will recall the double interest paid on maturing Virgin Money RSs. It went on for ages, a couple of years possibly, through several issues of the account. VM must have been aware of the issue but didn't summon up the energy to solve it, or perhaps it was just too difficult for the IT people. Who knows. The holding of multiple accounts of the same issue of a short duration Regular Saver pales into insignificance in comparison. PBS should be aware by now, but haven't stopped it, suggesting that it's not worth their effort. Maybe Issue 4 is to be the last of the 6 month accounts.Bridlington1 said:
It's bound to eventually, otherwise you'll get people with absurdly high numbers of 6 month RSs.potlings said:Surely this bubble must burst?
I seem to recall some have reported PBS manually reviewing and closing some people's accounts that've been opened after they went NLA. Sooner or later I'd imagine they'll run a report on duplicate accounts and do a cull. Alternatively they could remove the RS as a maturity option or manually check maturing accounts.
The question that remains though is when shall the bubble burst.1 -
I've just acquired a job lot of green shirts which might prove useful and provide their owners with a 7.5% return.Bridlington1 said:
It's bound to eventually, otherwise you'll get people with absurdly high numbers of 6 month RSs.potlings said:Surely this bubble must burst?
I seem to recall some have reported PBS manually reviewing and closing some people's accounts that've been opened after they went NLA. Sooner or later I'd imagine they'll run a report on duplicate accounts and do a cull. Alternatively they could remove the RS as a maturity option or manually check maturing accounts.
The question that remains though is when shall the bubble burst.
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Reminds me of when our local Coop had a checkout flaw whereby if you bought something on a BOGOFF that was also reduced as near date it would still take the full BOGOFF amount off, generating negative till receipts. I remember somebody buying a stack of packs of meat and 2 hairdryers to generate an amount owed of sort of £1.50 ish. The lady behind the counter said she had reported it repeatedly. I wonder if these things only get addressed when an organisation are revisiting their systems more widelyHattie627 said:
Some readers will recall the double interest paid on maturing Virgin Money RSs. It went on for ages, a couple of years possibly, through several issues of the account. VM must have been aware of the issue but didn't summon up the energy to solve it, or perhaps it was just too difficult for the IT people. Who knows. The holding of multiple accounts of the same issue of a short duration Regular Saver pales into insignificance in comparison. PBS should be aware by now, but haven't stopped it, suggesting that it's not worth their effort. Maybe Issue 4 is to be the last of the 6 month accounts.Bridlington1 said:
It's bound to eventually, otherwise you'll get people with absurdly high numbers of 6 month RSs.potlings said:Surely this bubble must burst?
I seem to recall some have reported PBS manually reviewing and closing some people's accounts that've been opened after they went NLA. Sooner or later I'd imagine they'll run a report on duplicate accounts and do a cull. Alternatively they could remove the RS as a maturity option or manually check maturing accounts.
The question that remains though is when shall the bubble burst.3 -
To those who have input maturity instructions for a maturing Principality RS and selected a rollover to a 6 month RS (Issue 4)
Whether you chose option 2 or 4, check out your sent secure messages. If there is no sent message transmitting your instructions, you will probably be okay. If there is a sent message, you may find that your instructions will be rejected as they will go to a human who may (or may not) reject them.
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