The Top Regular Savers Discussion Thread

Digital_Payback

Hanley Economic BS SMART SAVER
As a new customer I have opened a Hanley Econ. Online Smart Saver (Reg. Saver)
Can anyone tell me from experience long it takes to receive the User ID and get online access?
Thanks. 

allegro120

Kim_13 said:

ChewyyBacca said:

Has Family BS ever launched a decent Regular Saver? 

I have its savings account opened since Mar 2023 & min £100 balance. Bugs me to keep £100 there.

Historians of Reg Savers- what do you suggest, close the account or hope for a reg saver/ loyalty saver to be introduced?

Open a Market Tracker Saver (1), minimum now £1 and one to open speculatively in a downward rate environment given they can only move the rate 4 times a year.

Thank you for the reminder.  I was going to close my issue 9 and open a "£1" as a replacement, but completely forgot about Family (probably because Halifax stopped giving away fivers},  I used Family only for Halifax in the past few months. 

allegro120

Aidanmc said:

Scottish BS
Still waiting on Scottish BS user id to arrive. 
Been 9 or 10 days since i completed the register

Same here.  I'm not worried about it, don't really need online access at this point.  I'm sure the letter will come one day.  

allegro120

janusd said:

Speculator said:

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.

always external to my Santander current a/c and option 4.

I think when you transfer to internal a/c, it generates a message to give staff an opportunity to review your choice and maybe advise you of a more suitable account.

thanks for that - i'll try to remember next time (this time next month with my last RS3), to send to an external account and see if it still generates a secure message.

Just out of curiosity, why did you go for internal instead of external?  

Bridlington1

allegro120 said:

janusd said:

Speculator said:

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.

always external to my Santander current a/c and option 4.

I think when you transfer to internal a/c, it generates a message to give staff an opportunity to review your choice and maybe advise you of a more suitable account.

thanks for that - i'll try to remember next time (this time next month with my last RS3), to send to an external account and see if it still generates a secure message.

Just out of curiosity, why did you go for internal instead of external?  

I would imagine many prefer to make payments into a Principality BS EA account and then make a series of internal transfers to other PBS regular savers as opposed to setting up a new payee for each, especially if you're in the habit of funding accounts from an account which doesn't let you have multiple payees for the same sort code and account number but different references. Going for internal transfers would probably be convenient in this regard.

Velvet_Monkey

Bridlington1 said:

allegro120 said:

janusd said:

Speculator said:

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.

always external to my Santander current a/c and option 4.

I think when you transfer to internal a/c, it generates a message to give staff an opportunity to review your choice and maybe advise you of a more suitable account.

thanks for that - i'll try to remember next time (this time next month with my last RS3), to send to an external account and see if it still generates a secure message.

Just out of curiosity, why did you go for internal instead of external?  

I would imagine many prefer to make payments into a Principality BS EA account and then make a series of internal transfers to other PBS regular savers as opposed to setting up a new payee for each, especially if you're in the habit of funding accounts from an account which doesn't let you have multiple payees for the same sort code and account number but different references. Going for internal transfers would probably be convenient in this regard.

Bridlington1 said:

allegro120 said:

janusd said:

Speculator said:

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.

always external to my Santander current a/c and option 4.

I think when you transfer to internal a/c, it generates a message to give staff an opportunity to review your choice and maybe advise you of a more suitable account.

thanks for that - i'll try to remember next time (this time next month with my last RS3), to send to an external account and see if it still generates a secure message.

Just out of curiosity, why did you go for internal instead of external?  

I would imagine many prefer to make payments into a Principality BS EA account and then make a series of internal transfers to other PBS regular savers as opposed to setting up a new payee for each, especially if you're in the habit of funding accounts from an account which doesn't let you have multiple payees for the same sort code and account number but different references. Going for internal transfers would probably be convenient in this regard.

I now have 5 PBS issue 4 RS. Hoping they don't review them in the next 6 months...

jameseonline

SJMALBA said:

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...?)

I believe you are correct 

Bobblehat

Digital_Payback said:

Hanley Economic BS SMART SAVER
As a new customer I have opened a Hanley Econ. Online Smart Saver (Reg. Saver)
Can anyone tell me from experience long it takes to receive the User ID and get online access?
Thanks. 

New Customer too. Easy application online (PC), easy pay in via Debit card, debited next day from Santander. Easy partial registration for online access as part of application. So account open but not yet able to see online.

Minor grumbles .... have to wait for Welcome Pack which contains Online UserID. Mine arrived via email 2 days after application, which I did not expect (thought it would be by snail mail!). The email was encrypted and I could not open the attachment or successfully open the "view the message" button. I rang Hanley who said there should be a place to enter a code, which arrives via a second email. No second email and no place to enter the code, so the Welcome Pack email was a chocolate teapot 

Resolved by Hanley by promising to send paperwork by snail mail, as they won't release the UserID even after passing security by phone! Not a big problem for me, even if I want to make the 2nd payment on 1st Nov (3rd Nov?) as I've got my SC & Acc No and Reference No, which is needed as the bank details are generic. The Ref No is the application Ref No you get on application ... you get to keep that for the life of the account for pay-ins.

Hattie627

Bobblehat said:

Digital_Payback said:

Hanley Economic BS SMART SAVER
As a new customer I have opened a Hanley Econ. Online Smart Saver (Reg. Saver)
Can anyone tell me from experience long it takes to receive the User ID and get online access?
Thanks. 

New Customer too. Easy application online (PC), easy pay in via Debit card, debited next day from Santander. Easy partial registration for online access as part of application. So account open but not yet able to see online.

Minor grumbles .... have to wait for Welcome Pack which contains Online UserID. Mine arrived via email 2 days after application, which I did not expect (thought it would be by snail mail!). The email was encrypted and I could not open the attachment or successfully open the "view the message" button. I rang Hanley who said there should be a place to enter a code, which arrives via a second email. No second email and no place to enter the code, so the Welcome Pack email was a chocolate teapot 

Resolved by Hanley by promising to send paperwork by snail mail, as they won't release the UserID even after passing security by phone! Not a big problem for me, even if I want to make the 2nd payment on 1st Nov (3rd Nov?) as I've got my SC & Acc No and Reference No, which is needed as the bank details are generic. The Ref No is the application Ref No you get on application ... you get to keep that for the life of the account for pay-ins.

My opening journey was the same. Paid first payment by direct debit during opening procedure. At the end of the procedure, clear indication given that User ID would come by post. No sign of it, but it's early days. Surprised to hear that you got it by encrypted email (although inaccessible) 2 days after application. I haven't received any email since the time of online application. I will give a few more days for the promised letter to arrive before inquiring.

allegro120

Bridlington1 said:

allegro120 said:

janusd said:

Speculator said:

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.

always external to my Santander current a/c and option 4.

I think when you transfer to internal a/c, it generates a message to give staff an opportunity to review your choice and maybe advise you of a more suitable account.

thanks for that - i'll try to remember next time (this time next month with my last RS3), to send to an external account and see if it still generates a secure message.

Just out of curiosity, why did you go for internal instead of external?  

I would imagine many prefer to make payments into a Principality BS EA account and then make a series of internal transfers to other PBS regular savers as opposed to setting up a new payee for each, especially if you're in the habit of funding accounts from an account which doesn't let you have multiple payees for the same sort code and account number but different references. Going for internal transfers would probably be convenient in this regard.

In this case you have to align you distribution dates with maturities of existing RS accounts, this can easily result in some interest loss and looks like a very complicated schedule.