The Top Regular Savers Discussion Thread

Bob2000

Well, l can see from the last few posts that Principality is wising up to multiples  of same issue number accounts.

So, who has had their accounts  closed, and are we talking hours, days, or weeks before they get in contact?

I've so far closed on maturity  my issue 3s, had three of them, but currently  have two Xmas savers. 
Do you think one of them will be shut down eventually?

friolento

I have as yet not had a Princ renewal rejected, or a multiple closed by them. Newcastle BS have, however, just closed a duplicate I managed to get a couple of months ago when their system allowed me to get it. No communcation from them, just the deposits returned, with interest applied.

s71hj

friolento said:

I have as yet not had a Princ renewal rejected, or a multiple closed by them. Newcastle BS have, however, just closed a duplicate I managed to get a couple of months ago when their system allowed me to get it. No communcation from them, just the deposits returned, with interest applied.

So are we looking at Principality accounts being retrospectively closed after initially being opened, or the request getting rejected prior to opening. My  and wife's new 6 month RS, a second one, was opened today so was hoping I'd dodged the bullet. 

Hattie627

friolento said:

I have as yet not had a Princ renewal rejected, or a multiple closed by them. Newcastle BS have, however, just closed a duplicate I managed to get a couple of months ago when their system allowed me to get it. No communcation from them, just the deposits returned, with interest applied.

Did you receive the full amount of interest due for the period up until closure at the rate applicable to the account being closed or was a lower rate applied as a penalty?

Hattie627

Principality BS

I've got a couple of RS's (Healthy Habits RS and a Christmas 2025 RS) both maturing on 22nd December. Maturity options should be open online for both this coming Monday (8th). I'm thinking that I might delay entering maturity instructions until things become clearer. Cannot be bothered with the hassle of an illegitimate rollover being either rejected at the time of entering the instructions or allowed but later reversed. Anyone else got a maturity on or around 22 December? 

chris_the_bee

Dizzycap said:

Co-op Regular Saver:

My RS matured on Thursday. When I try to apply for a new RS the (new) access code (idea) isn't being sent to my mobile be able to confirm my application. I've even placed the incoming text number into my phone book so there's no possibility of it being blocked, but nothing! Is / has anyone else had an issue with this? What a palava to be able to open an account with the Co-op 

I'm hoping this isn't going to result in a phone call to resolve but based on my fiasco with the Co-Op last year with a RS which took nearly 2 months to resolve before I could open another, I won't hold my breath 

Co-op Regular Saver:
It took 5 & 6 days to open mine and OH's RS after maturity of old ones in November

flaneurs_lobster

Hattie627 said:

Principality BS

 Anyone else got a maturity on or around 22 December? 

6mth iss3 matures 21st. Agree, will delay instructions to see what happens to my maturities of last and next week.

WillPS

Bob2000 said:

Well, l can see from the last few posts that Principality is wising up to multiples  of same issue number accounts.

So, who has had their accounts  closed, and are we talking hours, days, or weeks before they get in contact?

I've so far closed on maturity  my issue 3s, had three of them, but currently  have two Xmas savers. 
Do you think one of them will be shut down eventually?

My wife's were 3rd and 5th Dec, maturity information added around 6pm on the 2nd and the 4th respectively.

Both maturity instructions were carried out at around 0915 on the 3rd and 5th, but then subsequently the accounts were closed with the remaining £200 returned around 1600 both days.

We've had to shift strategy pretty rapidly - so it's a great vindication for speculatively opening accounts just outside current usefulness - Darlington @ 6% had gone unfunded since August but is now back on the 'fully fund' list. Finally opened a Skipton accounts as they have just hovered under our usefulness radar up to now (the heady 8% days were all missed because we hadn't been members long enough).

Also refreshed and funded Halifax @ 5.5%. Had to close BOS as no renewal options presented but that too will be refreshed and funded once that's actioned. Depressingly even opened and funded a Lloyds Monthly Saver @ 5.25%... although likely just an easy access saver than one that'll get fully funded. 

Still no online access for Loughborough Holiday Saver @ 5.6% but given it's within 6 months of term this too might unexpectedly get a little more than the minimal funding it's had. My notes say the account allows 1 withdrawal and a branch trip is doable if needs be.

flaneurs_lobster

chris_the_bee said:

Dizzycap said:

Co-op Regular Saver:

My RS matured on Thursday. When I try to apply for a new RS the (new) access code (idea) isn't being sent to my mobile be able to confirm my application. I've even placed the incoming text number into my phone book so there's no possibility of it being blocked, but nothing! Is / has anyone else had an issue with this? What a palava to be able to open an account with the Co-op 

I'm hoping this isn't going to result in a phone call to resolve but based on my fiasco with the Co-Op last year with a RS which took nearly 2 months to resolve before I could open another, I won't hold my breath 

Co-op Regular Saver:
It took 5 & 6 days to open mine and OH's RS after maturity of old ones in November

A week here for OH to open new CA & RS in the last fortnight.

allegro120

Hattie627 said:

Principality

I had my last 6 month Issue 3 maturing yesterday (5th). Successfully rolled over with £200 to an Issue 4, balance (including interest) arrived yesterday in my current account.
FWIW, instructions were entered online just after midnight (around 12.05am) on the day the maturity options appeared online  (Friday 21st November).

I always do my instructions in the morning on the day they become available in a view that tomorrow the option I want or the online instruction facility might disappear    This timing worked for me so far.