The Top Regular Savers Discussion Thread

SJMALBA

s71hj said:

Can an extra payment be sneaked in for the Principality RS 4 I have matured into today or will it be strictly 11 more payments? 

If you mean the 6m RS4, you'll be going some to get another 11 payments in... 

I've accidentally made an extra deposit on 2 occasions to PBS RSs (genuine errors on my part), and they weren't returned - I've not subsequently done any deliberate extra payments, though, as I don't want to potentially antagonise them, or draw attention, given the 'rolling maturities' of 6M RSs. YMMV.

refluxer

Thanks to everyone who took the time to reply to my query about opening the Hanley Eco BS 1 Year Online Smart Saver (TAR10) as an existing customer but one without an active account.

I applied as a new customer but included a previous account number on the online form as suggested and a reply to a secure message I'd sent in the meantime stated that my details would be matched up once they had processed the application and opened the account, so the account will hopefully appear soon.

jameseonline

nigelholl2 said:

kermchem 

The terms and conditions of Principality 6 month bond issue 4 say that you can only hold one account of this issue, so, no this is not the correct route to gain a 6 month account. There is no “correct” way to get an extra 6 month account, because an extra account is not correct. 

But several forumites have reported that they have submitted maturity requests for Christmas 2025 savers to mature into 6 month issue 4 accounts. 6 month issue 3 accounts have matured into extra 6 month accounts, and the 12 month saver bonds have also. 

Sometimes it does not work and the reasons may be where the remaining cash is being sent to a Principality easy access account, which might require human intervention in Cardiff and the breach of t&c being noticed. 

Apologises, I didn't make my query clear
I under stand what the T&C's state, but from what has been posted this is not enforced, as of yet
However, where people have been successful, have they
1. Rolled over a maturing account into a new RS, then open the new RS same Issue
2. Opened a new RS Issue and then sent maturity instruction to rollover to new issue RS
I do have green t-shirt if that helps
Again all your thought's would be appreciated

You open a regular saver to start with, so whatever issue of the 6 month we are upto now, think it's 4, in 6 months you might be able to change that account into another issue 4 or an issue 5 or whatever, if an issue 5 comes along before your issue 4 ends grab the issue 5 1st, that way you might end up with 2 issue 5's, because 1 will be a fresh account through application page and the other will be your matured & converted issue 4.

jameseonline

s71hj said:

NOT RS related (unless we include feeder accounts which is a debate we could have) 
Topcashback are offering £25 for the
Cahoot simple saver and sunny day saver.
Tin hat on....

As long as people don't drag this off topic on in this thread 😏

jameseonline

Bobblehat said:

GetRichOrDieSaving said:

Principality 2025 XMAS RS payout received (Lloyds) and additional Issue 4 RS showing with £200 transfer for me. 

Great service by Principality as always!

Same for me, with the bonus of grabbing my first 6 month Iss 4 two weeks ago,  so I've finally joined the multiple 6 month brigade!

I guess I can apply for the new Xmas RS too, now that the old one has disappeared?

Should be able to, the new one is obviously a different issue & you don't already have the new issue😉

jameseonline

janusd said:

Speculator said:

Just given my maturity instruction for my Principality 6 Month Regular Saver Issue 3 maturing on 7/11.

No secure message sent so looks good.

out of interest, what did you choose to do with the remainder - transfer to external account or another PBS internal account? from past posts, i'm wondering if transferring to an external account doesn't generate a secure message.

I have an RS3 maturing on the 7th and have just chosen the same maturity options online as last time - option 4, £200 to another RS4, remainder to a PBS EA account... secure message generated by the maturity option choice at 11:24am, reply received at 11:29am - thankfully our unnamed friend wasn't working today and the instructions were accepted by one of male colleagues.

I always get Principality to transfer to my Virgin account, never had any issues with maturing accounts getting converted to another 6 month

jameseonline

s71hj said:

Can an extra payment be sneaked in for the Principality RS 4 I have matured into today or will it be strictly 11 more payments? 

You can try but their regular savers do have max balance limits, worse case scenario you get your money returned 

gt94sss2

SJMALBA said:

Principality options - Might the remainder to an internal account seemingly being the trigger for a secure message (and subsequent refusal of the option for a new RS) potentially be, in part, because they would rather 'new money' paid into the new account, rather than the transfer of money that they already have i.e. from another PBS account? (Not sure if that makes any sense tbh, just pondering...)

By now, every combination of funding and maturity option has been tried and none appear to determine whether a request generates a secure message or not.

francoghezzi

Market Harborough
Reg. Saver maturing 30/11

According to a message I received today, around 14 days before the fixed term reaches maturity they will be in touch outlining all the options available. This communication will be sent via Online Service where we will be able to set up the maturity instructions.

At present their RS can only be open in branch, let's see if something is going to change next month

SJMALBA

gt94sss2 said:

SJMALBA said:

Principality options - Might the remainder to an internal account seemingly being the trigger for a secure message (and subsequent refusal of the option for a new RS) potentially be, in part, because they would rather 'new money' paid into the new account, rather than the transfer of money that they already have i.e. from another PBS account? (Not sure if that makes any sense tbh, just pondering...)

By now, every combination of funding and maturity option has been tried and none appear to determine whether a request generates a secure message or not.

I was under the impression from forum posts that the remainder being sent to an external account has, thus far, failed to result in a secure message and refusal, whereas moving the remainder to an internal account has (sometimes? always?) generated the message?
(certainly, I've not seen anything to contradict that impression, but it's a very busy thread, so I may have missed it...?)