The Top Regular Savers Discussion Thread

ThePirates

clairec666 said:

Does anyone remember, when you choose option 4 and choose which external account to send to, does it automatically suggest your linked current account, or do you have to input the sort code and account number manually?

Thanks everyone

You have to enter the data manually and then it does a COP check.

masonic

clairec666 said:

Quick Principality question - I submitted my maturity instructions, but there doesn't appear to be a way of going back and editing/checking them. Having a bit of a panic that I've opted to send the funds to a current account that doesn't exist any more... Does anyone remember, when you choose option 4 and choose which external account to send to, does it automatically suggest your linked current account, or do you have to input the sort code and account number manually?

Thanks everyone

I got a letter in the post confirming the external account details a few days after submitting instructions. But I think I provided the details when completing the instructions.

flaneurs_lobster

masonic said:

clairec666 said:

Quick Principality question - I submitted my maturity instructions, but there doesn't appear to be a way of going back and editing/checking them. Having a bit of a panic that I've opted to send the funds to a current account that doesn't exist any more... Does anyone remember, when you choose option 4 and choose which external account to send to, does it automatically suggest your linked current account, or do you have to input the sort code and account number manually?

Thanks everyone

I got a letter in the post confirming the external account details a few days after submitting instructions. But I think I provided the details when completing the instructions.

I did this yesterday, you do have to provide full external account details and yes, they are CoP verified.

clairec666

Thanks all for replying. Nothing to worry about. It's a quiet day so I was over-thinking things!

ToastLady

friolento said:

clairec666 said:

Quick Principality question - I submitted my maturity instructions, but there doesn't appear to be a way of going back and editing/checking them. Having a bit of a panic that I've opted to send the funds to a current account that doesn't exist any more... Does anyone remember, when you choose option 4 and choose which external account to send to, does it automatically suggest your linked current account, or do you have to input the sort code and account number manually?

Thanks everyone

IIRC, they COP-check the external account, don’t they?

If you CASS-switched the external account, your money will still arrive with you, as it gets redirected to an existing account (unless you closed it…)

If in doubt, call Principality and get your instructions changed 

I've recently given instructions for 2 different maturing accounts. I had to put sort code and account number for money to be paid to external account, from memory there was no box to put to nominated account. As friolenta said, they COP-check the external account. There isn't any way to amend your instructions, other than contacting Principality. 

luci

The hospital scenario is a valid one and much more likely than being hit by a bus.

I was hospitalised in Tenerife for 2 weeks in January totally out of the blue. I was grateful that all my bill payments and transfers were automated and it was one less thing to worry about.

s71hj

luci said:

The hospital scenario is a valid one and much more likely than being hit by a bus.

I was hospitalised in Tenerife for 2 weeks in January totally out of the blue. I was grateful that all my bill payments and transfers were automated and it was one less thing to worry about.

The other side of that coin is if automation is from an account that requires money putting in it to cover the payments though. If I don't put the money into Santander before tomorrow due to say hospitalisation I'll have £15000 of overdraft fee / failed standing order transactions

masonic

Plus, if you are in such a situation and need funds to cover immediate medical expenses or a medical evacuation, you might be glad of the money remaining somewhere readily accessible.

mhoc

Just looking at the November calendar and nothing seems to be maturing this month so there will have to be some funds released from regular savers that have easy access towards the end of the month. 
I still have funds in Leek and Stafford so they should cover the December 1st SOs

It also occurs to me that it also means nothing will mature November 2026 as well unless I open a new regular saver this month. With this in mind I might close and reopen Halifax and LLoyds.
But what else can I do this with with a view to moving maturity dates - Nationwide?  

SJMALBA

SJMALBA said:

SJMALBA said:

Hanley - will a debit card payment be credited/earn interest today, or should I leave it until Monday?

Decided to give it a go - instantly appears in the account, but I'll see tomorrow if the extra accrued interest is on the basis of a £300 or £600 balance...

Accrued interest correct for £600 balance from yesterday.