The Top Regular Savers Discussion Thread

Kim_13

mhoc said:

I am also annoyed regarding Principality.
I have one account maturing tomorrow and another on the 17th. I did the maturity instructions yesterday afternoon but both have been cancelled - vexed about having to go and find the SO to cancel it and the calender notice and also that my account has been manually looked at.
Also vexed that we literally have no choice about what to do with the maturing account now, it has been decided for us  

But another thought occurs - I still have to check OHS Principality 6 month accounts for this month and he has 2 maturing on the 5th - I am still going to try to give instructions for maturing into Christmas 2026 ones savers even though it might be an exercise in futility 

If Principality simply reversed the process then people would be handed another go at getting one to slip under the radar; presumably if they had the functionality to only present people with the options they qualified for, they would have done that from the start. 

From Principality's side, why should they spend resources taking alternative instructions from customers who have attempted to circumvent their T and C? Some of them definitely intentionally, as there are those who have had one fail, had it explained why and then managed to get a later one to go through without issue. Maybe if you called asking for say a Principality EA or fixed bond instead they would do it, that's a lot less time than having to process alternative instructions from every person who has been rumbled. Presumably the account they are sending to is the account that you asked them to send the balance to anyway and not any external account they've found on record (which would be unreasonable, as that account may or may not still be current.) All they are doing is returning £200 more than you expected. 

The SO wouldn't be due to pay again until January, plenty of time to find and cancel.

csw5780

Bridlington1 said:

Hattie627 said:

Monmouthshire BS

All my balances (3 accounts) are showing correctly in the app but online still haywire. On past experience, the app routinely updates the day before online, so hopefully online will be showing correctly tomorrow.

I have some sympathy for MonBS. They have been offering very good RS accounts in 2025 and this must have attracted a lot of money into a small regional society. I'm not surprised that their IT has been creaking. I think we shouldn't be too harshly judgemental on them. Yes, communication could have been better. They are doing their best without the backup of huge IT specialist teams and offering us, the consumer, good rates.

I'd echo the sentiment. Let us also remember that many of us opened their Branch Exclusive RS at 7% by post and unlike many other building societies Monmouthshire BS honoured the applications so they've been rather generous to many of us in the past.

In my experience Monmouthshire BS have often been slow at many things but they get there in the end. My own plea would be for people to refrain from contacting them for updates on their recent IT issue, even if your own accounts aren't back to normal yet, they know about the issue and are working on it, we'll soon know when it's back to normal. All contacting them about it'll likely do is result in someone having to keep explaining that they know about the issue and are trying to resolve it, potentially causing further delays.

Personally I'm going to just sit back do nothing and let them get on with it for the time being.

Interestingly MBS is Wales’ oldest “company”. Since 1869  https://www.southwalesargus.co.uk/news/19635215.gwent-business-revealed-oldest-wales/

Enzo_L

csw5780 said:

Bridlington1 said:

Hattie627 said:

Monmouthshire BS

All my balances (3 accounts) are showing correctly in the app but online still haywire. On past experience, the app routinely updates the day before online, so hopefully online will be showing correctly tomorrow.

I have some sympathy for MonBS. They have been offering very good RS accounts in 2025 and this must have attracted a lot of money into a small regional society. I'm not surprised that their IT has been creaking. I think we shouldn't be too harshly judgemental on them. Yes, communication could have been better. They are doing their best without the backup of huge IT specialist teams and offering us, the consumer, good rates.

I'd echo the sentiment. Let us also remember that many of us opened their Branch Exclusive RS at 7% by post and unlike many other building societies Monmouthshire BS honoured the applications so they've been rather generous to many of us in the past.

In my experience Monmouthshire BS have often been slow at many things but they get there in the end. My own plea would be for people to refrain from contacting them for updates on their recent IT issue, even if your own accounts aren't back to normal yet, they know about the issue and are working on it, we'll soon know when it's back to normal. All contacting them about it'll likely do is result in someone having to keep explaining that they know about the issue and are trying to resolve it, potentially causing further delays.

Personally I'm going to just sit back do nothing and let them get on with it for the time being.

Interestingly MBS is Wales’ oldest “company”. Since 1869  https://www.southwalesargus.co.uk/news/19635215.gwent-business-revealed-oldest-wales/

That's only according to "research" by BusinessFinancing.co.uk .

The same "research" says that the oldest "longest running company" in north west England, including firms that have been bought out,  is a firm of solicitors in Lancaster which has been going since 1720; yet James Kenyon and Sons Ltd, now a division of US firm Albany International, has been operating continuously in Bury since 1664.

https://www.google.com/maps/place/Pilsworth+Rd,+Bury/@53.5756734,-2.2783334,3a,15y,267.5h,88.42t/data=!3m7!1e1!3m5!1sdcCW1uNQUvhxw2lS2pNC6w!2e0!6shttps://streetviewpixels-pa.googleapis.com/v1/thumbnail?cb_client=maps_sv.tactile&w=900&h=600&pitch=1.578988473451787&panoid=dcCW1uNQUvhxw2lS2pNC6w&yaw=267.5040157766013!7i16384!8i8192!4m6!3m5!1s0x487bbad3b2644b33:0xf382cc586038ca8d!8m2!3d53.5784869!4d-2.2686775!16s/g/1w0q_gfl!5m1!1e1?entry=ttu&g_ep=EgoyMDI1MTIwMS4wIKXMDSoASAFQAw==   

jameseonline

Not sure if I like this getting rumbled talk, Principality maturity options allowed us to have extra accounts etc, it's been allowed for some time now, they could have closed loophole or whatever at any time. People haven't really broken any rules because Principality didn't enforce their own rules, now it appears they are.

Also if anyone has any other accounts coming to an end It might be worth trying giving instructions outside of opening hours, which is what I'm going to do & what I was doing up until the other day.

castle96

Opened (maturity instructions) another a few days ago (on a maturity for this Sat). £200 left in, rest to nom. a/c. Mid day. Green jumper

Cweb

clairec666 said:

They might also bring out an Issue 5 soon, so anyone with an issue 4 can have an issue 5 alongside it, as well as the Christmas regular saver. Total deposit £550 per month, which is more than a lot of other providers.

First issue 4s expire 28th Feb I believe, so issue 5 around that date and likely to get the heads up around the 20th Feb of / if a new issue launching.

mon3ysav3r

Cweb said:

clairec666 said:

They might also bring out an Issue 5 soon, so anyone with an issue 4 can have an issue 5 alongside it, as well as the Christmas regular saver. Total deposit £550 per month, which is more than a lot of other providers.

First issue 4s expire 28th Feb I believe, so issue 5 around that date and likely to get the heads up around the 20th Feb of / if a new issue launching.

I made my first deposit into my issue 4 on 28 Aug 2025, which seems to match that date

surreysaver

HHUK said:

Principality
  
Like others, I received the secure message advising that I can't transfer my account to another Regular Saver Bond because I already hold a bond with the same issue number, and that my instructions have been updated so that my account will close at maturity (tomorrow) and my closing balance will be sent to my nominated bank account.

No problem, except today they sent an SMS saying Your savings account matures tomorrow. Review your options today to avoid moving to one of our lowest interest rates.

I did check to make sure there isn't some other more favourable option I'd missed, but didn't see any way to amend the instructions. Hopefully the funds will land in my current account tomorrow without requiring any further action on my part.

I don't seem to have been rumbled (yet). Mine maturing tomorrow, although I asked for a new Christmas Regular Saver rather than the six month one - I already have two Xmas 3026 Regular Savers.

Descrabled

surreysaver said:

I don't seem to have been rumbled (yet). Mine maturing tomorrow, although I asked for a new Christmas Regular Saver rather than the six month one - I already have two Xmas 3026 Regular Savers.

Will you be available in a 1,000 years to arrange maturity?

Bridlington1

Descrabled said:

surreysaver said:

I don't seem to have been rumbled (yet). Mine maturing tomorrow, although I asked for a new Christmas Regular Saver rather than the six month one - I already have two Xmas 3026 Regular Savers.

Will you be available in a 1,000 years to arrange maturity?

Well in 2023 many of us found we'd last logged into YBS's online banking in 2093 so it can be done.