The Top Regular Savers Discussion Thread

Bridlington1

Hattie627 said:

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.

With regards to the Triple Access RS not giving you the option to roll it over into a new RS, I suspect it's down to the application link.

The application link deems the Triple Access RS's product type to be an ``eSaver", the same goes for their First Home Saver. The application link for the 6 Month RS, the RS bonds, Christmas RS etc deems its product type to be a ``RegularSaver". To illustrate the difference there's a couple of application links below:

The online triple access RS has the application link:
https://online.principality.co.uk/Originations/LaunchPage.aspx?ProductCode=9052&ProductType=eSaver&CIJ=true#!

The 6 month RS Issue 4 has the application link:
https://online.principality.co.uk/Originations/LaunchPage.aspx?ProductCode=6086&ProductType=RegularSaver&CIJ=true#!

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.

The 2 Year Healthy Habits RS application link had the ProductType=RegularSaver in it so if I were to hazard a guess I'd say they'll give you the option to roll it over into a new RS. Whether or not they allow you to in practice is a different matter given their recent habit of closing duplicate accounts.

allegro120

mhoc said:

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 ...

Nobody knows how long this will last; meanwhile, I’m taking advantage of these “initiatives” while they’re available. With the exception of a small amount in my speculative accounts, all my non-ISA money is earning 5%+. 
I’ve secured Zopa’s 4.75% and Ulster’s 4.5%, so I’m prepared for any changes in Cahoot’s attitude.

Bridlington1

allegro120 said:

mhoc said:

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 ...

Nobody knows how long this will last; meanwhile, I’m taking advantage of these “initiatives” while they’re available. With the exception of a small amount in my speculative accounts, all my non-ISA money is earning 5%+. 
I’ve secured Zopa’s 4.75% and Ulster’s 4.5%, so I’m prepared for any changes in Cahoot’s attitude.

I've not actually got more than the minimum in EA accounts barring the Edge Saver, my non-ISA savings have ended up in RSs.

Even if Principality decide to cull all of my duplicate accounts in one fell swoop, it shan't make that much of a difference to my RSs overall as I'm set to be short of funds to fill my RSs paying 6%+ each month for the next 3 months so it would just stop me purging one of my other lower rate regular savers.

allegro120

Bridlington1 said:

allegro120 said:

mhoc said:

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 ...

Nobody knows how long this will last; meanwhile, I’m taking advantage of these “initiatives” while they’re available. With the exception of a small amount in my speculative accounts, all my non-ISA money is earning 5%+. 
I’ve secured Zopa’s 4.75% and Ulster’s 4.5%, so I’m prepared for any changes in Cahoot’s attitude.

I've not actually got more than the minimum in EA accounts barring the Edge Saver, my non-ISA savings have ended up in RSs.

Even if Principality decide to cull all of my duplicate accounts in one fell swoop, it shan't make that much of a difference to my RSs overall as I'm set to be short of funds to fill my RSs paying 6%+ each month for the next 3 months so it would just stop me purging one of my other lower rate regular savers.

Yep. Shifting funds across RSs is the best strategy if you are short of funds.