The Top Regular Savers Discussion Thread

trickydicky14

Hattie627 said:

Bridlington1 said:

Principality BS Christmas 2026 Regular Saver 6.5%

As with last time, £150/mth max.
No withdrawals but early closure permitted without penalty
£1.8k max balance
Need to be 16+ to open

It will be good if it's indeed £150 per month max. The Xmas Saver 2025 was only £125 per month.
Expect it to be a fixed rate hopefully, if following the 2025 account (which was 7% fixed).

Yes £150 is better than £125 but the interest rate will be less. Anyway, I managed to put a 13th payment into the previous Christmas RS without any issues so that helps a bit.

subjecttocontract

trickydicky14 said:

Hattie627 said:

Bridlington1 said:

Principality BS Christmas 2026 Regular Saver 6.5%

As with last time, £150/mth max.
No withdrawals but early closure permitted without penalty
£1.8k max balance
Need to be 16+ to open

It will be good if it's indeed £150 per month max. The Xmas Saver 2025 was only £125 per month.
Expect it to be a fixed rate hopefully, if following the 2025 account (which was 7% fixed).

Yes £150 is better than £125 but the interest rate will be less. Anyway, I managed to put a 13th payment into the previous Christmas RS without any issues so that helps a bit.

According to the MSE interest calculator:-
£125 pcm @ 7%  =  £56
£150 pcm @ 6.5% = £63

Hattie627

subjecttocontract said:

trickydicky14 said:

Hattie627 said:

Bridlington1 said:

Principality BS Christmas 2026 Regular Saver 6.5%

As with last time, £150/mth max.
No withdrawals but early closure permitted without penalty
£1.8k max balance
Need to be 16+ to open

It will be good if it's indeed £150 per month max. The Xmas Saver 2025 was only £125 per month.
Expect it to be a fixed rate hopefully, if following the 2025 account (which was 7% fixed).

Yes £150 is better than £125 but the interest rate will be less. Anyway, I managed to put a 13th payment into the previous Christmas RS without any issues so that helps a bit.

According to the MSE interest calculator:-
£125 pcm @ 7%  =  £56
£150 pcm @ 6.5% = £63

Yeah, but what about the £25 pcm that would be earning 4% interest in an EA account in the first scenario (sorry, couldn't resist pointing out, I'll get my coat)

checkly

At least it will be easier to apply for the Principality than the Hanley!  Given up with the latter!

clairec666

Principality: I've delayed submitting my maturity instructions for last year's Christmas account, in case this year's one is offered as a maturity option. We got into a good healthy debate a few pages back about whether a higher rate for 6 months was better than a lower rate for 12 months.

I might tinker around with a spreadsheet to see which one is the better option.

(To be honest, it's just an excuse to tinker around with a spreadsheet!)

kermchem

clairec666 said:

Principality: I've delayed submitting my maturity instructions for last year's Christmas account, in case this year's one is offered as a maturity option. We got into a good healthy debate a few pages back about whether a higher rate for 6 months was better than a lower rate for 12 months.

I might tinker around with a spreadsheet to see which one is the better option.

(To be honest, it's just an excuse to tinker around with a spreadsheet!)

You can mature last year’s Christmas saver into a new issue 4 6 month bond, send the residue to an external account, and open a new Christmas saver

trickydicky14

subjecttocontract said:

trickydicky14 said:

Hattie627 said:

Bridlington1 said:

Principality BS Christmas 2026 Regular Saver 6.5%

As with last time, £150/mth max.
No withdrawals but early closure permitted without penalty
£1.8k max balance
Need to be 16+ to open

It will be good if it's indeed £150 per month max. The Xmas Saver 2025 was only £125 per month.
Expect it to be a fixed rate hopefully, if following the 2025 account (which was 7% fixed).

Yes £150 is better than £125 but the interest rate will be less. Anyway, I managed to put a 13th payment into the previous Christmas RS without any issues so that helps a bit.

According to the MSE interest calculator:-
£125 pcm @ 7%  =  £56
£150 pcm @ 6.5% = £63

Yes you are correct, but if you take into account what Hattie627 has also said, you might be lucky to end up with the price of a cup of coffee.

clairec666

kermchem said:

clairec666 said:

Principality: I've delayed submitting my maturity instructions for last year's Christmas account, in case this year's one is offered as a maturity option. We got into a good healthy debate a few pages back about whether a higher rate for 6 months was better than a lower rate for 12 months.

I might tinker around with a spreadsheet to see which one is the better option.

(To be honest, it's just an excuse to tinker around with a spreadsheet!)

You can mature last year’s Christmas saver into a new issue 4 6 month bond, send the residue to an external account, and open a new Christmas saver

Yes, that was the original plan, but I thought there might be a chance to end up with TWO Christmas savers (i.e. one maturity, one new)

WillPS

Principality

I deliberately left sorting out a maturity instruction thinking there might be a new Christmas saver later in the day...

However I think probably on reflecting another 6 month saver is better in our case. The MonBS 7%ers are making it harder to find the funds to fill up the 6.5% accounts we already have, including Hanley now. A better rate with a maturity sum that'll sort MonBS's April/May deposit feels like a better option.

ThePirates

Principality Xmas Saver now live!