The Top Regular Savers Discussion Thread

chris_the_bee

dibbles212 said:

chris_the_bee said:

Bank of Scotland
Anyone had any luck opening  the Monthly Saver?
I keep getting "Something went wrong" message.
Tried since Thursday

I was getting that too. Were you applying from the app? I found that applying via the website worked.

Bank of Scotland
From the website and just tried again with no luck.
When did you apply for yours?

dibbles212

chris_the_bee said:

dibbles212 said:

chris_the_bee said:

Bank of Scotland
Anyone had any luck opening  the Monthly Saver?
I keep getting "Something went wrong" message.
Tried since Thursday

I was getting that too. Were you applying from the app? I found that applying via the website worked.

Bank of Scotland
From the website and just tried again with no luck.
When did you apply for yours?

Sorry to hear that. About two weeks ago

allegro120

maddiemay said:

 I have been funding the Principality 6 month account (as I will the one I am about to open) from my Lloyds Standard Saver as opposed to a current or BS account. At maturity of first one is it likely I will be offered roll over to Issue 5 with balance refunded to Lloyds saver? Sorry muddled after seeing references to current accounts/ spare BS accounts.

When you do your maturity instruction it will ask you for sort code and account number of the account you want to transfer money to.  I can't see Lloyds Standard Saver being a problem.  I don't think it has to be a current account. I feed most of my Principality accounts from Cahoot savings accounts, once I accidentally overpaid and the money was returned to the same savings account it was sent from.  

As for "roll over to Issue 5" - nobody knows how long this scheme will last for, so you just have to wait and see what happens.

saverkev

Digital_Payback said:

The Cumberland RS
Withdrawal info for The Cumberland RS reads as follows:

‘Yes – Withdrawals not permitted by direct debit, standing order, regular internal transfer or faster payments.

You can withdraw up to £500 each day in cash subject to the minimum operating balance of £1 being maintained.’

Does that mean £500 daily withdrawals by cash in branch and any larger sums by cheque via post only?

Cumberland RS

That's the way I read it.
Same rules for the NLA regular savers will apply from 28th November 2025

allegro120

Digital_Payback said:

The Cumberland RS
Withdrawal info for The Cumberland RS reads as follows:

‘Yes – Withdrawals not permitted by direct debit, standing order, regular internal transfer or faster payments.

You can withdraw up to £500 each day in cash subject to the minimum operating balance of £1 being maintained.’

Does that mean £500 daily withdrawals by cash in branch and any larger sums by cheque via post only?

I don't know about The Cumberland specifically, but usually this is exactly what it means "by cheque via post only".  They would probably do CHAPS transfer for larger sums, but that service typically costs £20-£25.

topyam

How long do Principality RS last for usually before another issue is released ?

jameseonline

Right I've just gone into my Principality account & selected maturity option for my Xmas Saver 2025, selected option 2, selected to transfer £1300 (+ interest) to my Virgin Money account and £200 to go into a converted 6 Month Regular, keeping the same details, hopefully that should happen on 6th November 

Kim_13

topyam said:

How long do Principality RS last for usually before another issue is released ?

Usually just before the first of the previous issue number hit maturity, so with launch Issue 4s maturing at the end of February, expect Issue 5 in late January or early February. I hope I’m wrong though, as I have too much maturing in August with Monmouthshire 😂 End of January would be more helpful, as I don’t know how much funding my July maturing Dudley will get.

So far only the gap between Issue 2 and Issue 3 hasn’t followed that pattern, although that was when they were cutting the rate on the new issue.

clairec666

topyam said:

How long do Principality RS last for usually before another issue is released ?

There was about a 5 month gap between the last two - I think issue 3 became available about March, and issue 4 in August.
As for the Christmas regular saver, last year's one was still available throughout December if memory serves me correctly.

Slinky

I was late to the Principality party and opened my Christmas saver on 18/1/25