The Top Regular Savers Discussion Thread

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

friolento

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.

You can see the maturity options online 2 weeks before your maturity date.

AFAIK, you can request payout to any sort code and account number with your name. They do a COP check in the maturity instruction dialogue. If your COP check for the savings account fails, just give them a current account in your name.

poolboy

Principality Xmas maturity today and instructions enacted successfully.

Hanley kept rejecting me as I had an old account with zero in.  Cs told me to apply as a newbie and they d migrate application to app.  Funded by debit card.