The Top Regular Savers Discussion Thread

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.

Dizzycap

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?

So far no PBS maturity rejections. 6 month RS issue 3 matured into 6 month RS issue 4 without issue yesterday (5th Dec) - Now holding 4 6 month RS Issue 4's. However, it seems that others don't appear to be so fortunate    The next 2 PBS RS I have don't reach maturity until early January, but with PBS account update last night, I am assuming a worse case senario that I won't be able to morph my January PBS maturities into PBS RS issues; including should it still be available, the Christmas RS which I already hold 2 of.

Maybe PBS will bring out a new issue of a 6 month RS soon, be it at a lower but palatable interest rate. 

mhoc

I am wondering how much effort is this taking for Principality to manually check each account with maturity instructions, send out account messages and emails, close excess accounts and probably deal with extra phone calls, messages and emails
 - probably someone has written a new programme which lists all of the maturing accounts and highlights ones where there are duplicate accounts but even so the list must run into thousands. 

I am now wondering how long more will it be before surplus Cahoot accounts will also be culled ...

In the meantime time for a new strategy as many of us will have multiple Principalities closing over the next few months - at some point in 2026 we will only have left the Triple Access, Christmas 2026, Regular saver 36 and maybe Regular 37 and a few six month savers - issue 5 and the last of the issue 4s ...

Time to start filling the lesser regular savers - the B grade ones left unfunded or underfunded.
Or to make the effort and get some branch only accounts opened .
For me I will be putting some of the maturing funds into a new easy access ISA for the time being ...

cricidmuslibale

Some of the PBS ‘savings team’ (probably under strict instruction from Head Office) appear to be working rather too hard at the moment! Surely they must be mentally exhausted with all this unnecessary extra faff by now! I reckon they could really benefit from an extended Christmas break starting asap, preferably from today!

allegro120

Hattie627 said:

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? 

Yes, both are to mature on 21st December. I have the 8th in my diary for taking action. 

I'm not too hopeful about Healthy Habits, not all Principality's RSs had maturity option, Triple Access RS didn't.

chris_the_bee

mhoc said:

I put the maturity instructions in very late on the 4th for OHs two Principalities that were maturing on the 5th.  Yesterday morning in the current account I could see the full amount for the Principality I had maturing plus OHs two accounts which had £150 less so I sighed deeply!
Later that day a message in the inbox which I've not looked at yet, not logged in but the two £150 amounts also arrived back ion the current account.
OH well at least we tried 

Principality
Same happened to me with 4 off 6MRS maturing on 4th December trying to open new 6MRS for both self and OH.
However, for 2 off 6MRS maturing 5th December, I chose to renew to X-mas RS despite already having them. This seems to have been OK, no secure message and no refund of 2 x £150.

Hattie627

allegro120 said:

Hattie627 said:

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? 

Yes, both are to mature on 21st December. I have the 8th in my diary for taking action. 

I'm not too hopeful about Healthy Habits, not all Principality's RSs had maturity option, Triple Access RS didn't.

I think that's because Triple Access RS wasn't (and presumably still isn't) deemed an "online account", even though you can see it online with your other accounts. I only realised this when I got the last annual statement by post with tax information but Triple Access RS wasn't included. Not really sure what the consequences of "not being an online account" are, other than not included on the annual statement. I generally like PBS and their systems, but there are a few quirks.

allegro120

WillPS said:

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.

Every time I call Loughborough to check my balances they apologise for the computer being too slow. After checking the balance on one account they have to go on different screen to check the other two and that is slow too.  When I was opening Super Saver in branch, they were experiencing some IT problems.... I'm not too hopeful for online access any time soon