The Top Regular Savers Discussion Thread

Middle_of_the_Road

mhoc said:

Santander regular saver - totally by mistake I transferred £300 from my Santander current into the regular saver instead of £250 today - what is my punishment going to be?  

Three more letters from Principality arrived while we were away over the weekend regarding maturities on December 5th - the never ending dilemma regarding another 6 month issue 4 or a Christmas 12 month .... 

Instead of £200 I think you'll find 🙂

Bridlington1

happybagger said:

@Bridlington1
Both Chorley BS reg savers are now NLA, presumably to be replaced with new issues / end dates on Monday as usual

As predicted by @happybagger, the following accounts have been launched:

Chorley BS Regular Saver (30.11.2026) and Chorley BS Regional 2 Year Flexible Saver (30.11.2027) both at 5.15% with terms seemingly identical to the previous issues barring the later maturity dates. P1 of this thread to be updated shortly.

StevieR

PowerSavingMode said:

StevieR said:

My Chorley Regular Saver 30/11/25 has matured and £400 of it has rolled over into a new Regular Saver 30/11/26

Chorley Regular Saver 

Was that automatic rollover, and at the same interest rate, or as a result of your maturity instructions?

Automatic, same account number, 5.15%, I tried to add a link to the website but not allowed

Hattie627

janusd said:

jd84 said:

Principality 

I made a 7th payment into an Issue 3 this morning and it's showing a £1400 balance, so I can confirm that works.
The extra £200 will be kept in the account when it matures to an issue 4 later this month.

I have 2 PBS accounts maturing this month (my last RS3 and a Healthy Habit), so wasn't going to bother funding them - but on the back of the above, I sent two deposits in and both were showing an hour later.

I'm going to refrain from the temptation to overload any of my PBS accounts (have two accounts both maturing on 22 December which are now full in terms of the T and Cs), even if it is an overlooked infraction.  I don't want to draw attention to myself because I now have 5 X Issue 4 six month RS's, with another Issue 4 due to be born on 5th December as a rollover from my final Issue 3. 

saverkev

janusd said:

jd84 said:

Principality 

I made a 7th payment into an Issue 3 this morning and it's showing a £1400 balance, so I can confirm that works.
The extra £200 will be kept in the account when it matures to an issue 4 later this month.

I have 2 PBS accounts maturing this month (my last RS3 and a Healthy Habit), so wasn't going to bother funding them - but on the back of the above, I sent two deposits in and both were showing an hour later.

Principality

I make the 7th payment each time as I make the standing orders continuous with no end date as Progressive use the same account number for renewals

trickydicky14

Hattie627 said:

janusd said:

jd84 said:

Principality 

I made a 7th payment into an Issue 3 this morning and it's showing a £1400 balance, so I can confirm that works.
The extra £200 will be kept in the account when it matures to an issue 4 later this month.

I have 2 PBS accounts maturing this month (my last RS3 and a Healthy Habit), so wasn't going to bother funding them - but on the back of the above, I sent two deposits in and both were showing an hour later.

I'm going to refrain from the temptation to overload any of my PBS accounts (have two accounts both maturing on 22 December which are now full in terms of the T and Cs), even if it is an overlooked infraction.  I don't want to draw attention to myself because I now have 5 X Issue 4 six month RS's, with another Issue 4 due to be born on 5th December as a rollover from my final Issue 3. 

I hope all these comments of over payments to PBS are not going to wake up the Dragon and we all get burnt!
Some folks just don't know when to keep one's head down.

Born2Save_3

Born2Save_3 said:

HEBS Card Deposit - ?Store your card details?

When just doing a card deposit to my HEBS RS account, I noticed there is an option I don't recall seeing before 'Express Checkout - Checkout With Card'.  I had a quick look but only at the first screen as I wanted to complete all the 1st of month transfers.  I just wondered if anyone has used this and could comment on what it is, how it worked for them and if they have any concerns. I think it is some sort of way to store your card details but using a third party, which I don't think I'm comfortable with.  However, it could potentially speed up the fastest way of sending money to HEBS.

Anyone ? In a few days, If I can, I will have a play and report back.

Descrabled

Principality 6 month

The extra interest on a 7th payment gives an additional interest equal to a maximum of £1.21 on 30 days, or just under £1 after 20% tax.

Allowing for less period, mine matures on 21st, and that I have to take the £200 from cahoot at 5% interest. The benefit that I would gain would be only 27p gross or 22p after basic rate tax (£200 @ 2.36% annual for 21 days)  As some have already commented, the reward is too small for the risk.

Chaykin

I found that Principality BS does not enforce their maximum balance rule. Never had an issue with 7th or 13th payments. Skipton BS however do enforce as I remember once having 13th payment returned. Any other examples of (not)enforcing maximum balance?

WillPS

Chaykin said:

I found that Principality BS does not enforce their maximum balance rule. Never had an issue with 7th or 13th payments. Skipton BS however do enforce as I remember once having 13th payment returned. Any other examples of (not)enforcing maximum balance?

MonBS do enforce it, including a couple of years ago with an account that had no stated maximum balance/number of deposits (they eventually increased the threshold due to complaints).