The Top Regular Savers Discussion Thread

Born2Save_3

Nationwide Future Payments for Funding RS

As I do manual payments and do not want to use Standing Orders, to potentially make things a bit easier on the 1st of the month and to manage months when it may not be convenient to do all the transfers on the 1st, I'm thinking about using Nationwide future payments. This may also help manage having to do extra security checks on the 1st at around the 30+ transfers point.

Some questions to anyone who's used Nationwide future payments : 

* Do you know roughly what time the transfer was made at ?  i.e. just after midnight, around 3am, after 8am etc

* If you set up a transfer for a non-banking (working) day, was the transfer made on that day or the next banking day ?

* Was the future transfer a faster payment ?

* If a transfer failed, do know know the reason ? Were you able to remedy for further future transfers ?

I called Nationwide CS earlier and they couldn't tell me what time a transfer would take place at, but they can tell me the time of a transfer that has already taken place.  I haven't seen a way through the Nationwide online website to see the time of a transfer.  But I have seen the time a Faster Payment was credited/executed in the extra details in NatWest, but never seen it in Nationwide.

Thanks in advance for your help.

gt94sss2

Am thinking that a thread where individuals share their (sanitised) spreadsheet templates to keep track of savings/dividend income may be useful to many and save those without spreadsheet skills a lot of hassle..

trickydicky14

Bob2000 said:

jameseonline 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?

Bob if you have seen the posts then surely you wouldn't need to ask?🤔

Principality send emails to people saying to login to view messages.

Seems to me it's an issue that doesn't really matter to you yet you want to stir the pot

I have seen the posts, yes,
l'm asking because l dont log in every day on the forum and noticed folks saying about Principality being more proactive  regarding duplicate accounts.

It does matter to me because l have some accounts due to mature  in the next few weeks. Having already 2 Xmas RS,1 issue4 6month RS(which l was/might try to get more?).
I've got enough pots to stir today with a Sunday roast. l definitely  don't need another one!

How exactly does the time it takes PBS to notify you that it intends to shut down your account matter. You just make up your mind to go for an extra account and risk it or you don't.

Bridlington1

gt94sss2 said:

Am thinking that a thread where individuals share their (sanitised) spreadsheet templates to keep track of savings/dividend income may be useful to many and save those without spreadsheet skills a lot of hassle..

So far as I'm concerned I've no objections to people sharing their spreadsheets for managing their regular savers in this thread, so long as the main focus is on managing regular savers then I'd say it falls within the scope of this thread and I'm happy for people to discuss them here.

If anyone wishes to launch their own thread on how to set up/manage a spreadsheet on savings accounts more generally (especially if it includes all types of savings accounts) then I've also no objections to them doing so.

Kim_13

Dizzycap said:

chris_the_bee said:

Bob2000 said:

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.

So, in your case, they returned  the funds almost  immediately. (Principality) I've got 3 accounts  maturing in the next few weeks, but am not sure now whether to chance applying for duplicates of already holding accounts?

Principality
Has to be worth a chance. I had two duplicate 6MRS rejected and funds returned to me, but a duplicate X-masRS was accepted.

This makes me wonder if Principality have a set number of accounts per issue type & once reached, maturity instructions are not actioned?

If this theory is correct, we might see a 6 Month Issue 5 sooner than we think.

Bridlington1

Kim_13 said:

Dizzycap said:

chris_the_bee said:

Bob2000 said:

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.

So, in your case, they returned  the funds almost  immediately. (Principality) I've got 3 accounts  maturing in the next few weeks, but am not sure now whether to chance applying for duplicates of already holding accounts?

Principality
Has to be worth a chance. I had two duplicate 6MRS rejected and funds returned to me, but a duplicate X-masRS was accepted.

This makes me wonder if Principality have a set number of accounts per issue type & once reached, maturity instructions are not actioned?

If this theory is correct, we might see a 6 Month Issue 5 sooner than we think.

Either that or it could simply be a case of Principality staff manually checking maturing accounts whenever they get time, if they're busy more maturity instructions would be honoured, of they're less busy they'd check more accounts and be more likely to close the duplicate accounts. I'm just speculating to be honest.

Bob2000

trickydicky14 said:

Bob2000 said:

jameseonline 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?

Bob if you have seen the posts then surely you wouldn't need to ask?🤔

Principality send emails to people saying to login to view messages.

Seems to me it's an issue that doesn't really matter to you yet you want to stir the pot

I have seen the posts, yes,
l'm asking because l dont log in every day on the forum and noticed folks saying about Principality being more proactive  regarding duplicate accounts.

It does matter to me because l have some accounts due to mature  in the next few weeks. Having already 2 Xmas RS,1 issue4 6month RS(which l was/might try to get more?).
I've got enough pots to stir today with a Sunday roast. l definitely  don't need another one!

How exactly does the time it takes PBS to notify you that it intends to shut down your account matter. You just make up your mind to go for an extra account and risk it or you don't.

It doesn't REALLY matter your right.
Maybe l'm overthinking it.

Kim_13

Bridlington1 said:

Kim_13 said:

Dizzycap said:

chris_the_bee said:

Bob2000 said:

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.

So, in your case, they returned  the funds almost  immediately. (Principality) I've got 3 accounts  maturing in the next few weeks, but am not sure now whether to chance applying for duplicates of already holding accounts?

Principality
Has to be worth a chance. I had two duplicate 6MRS rejected and funds returned to me, but a duplicate X-masRS was accepted.

This makes me wonder if Principality have a set number of accounts per issue type & once reached, maturity instructions are not actioned?

If this theory is correct, we might see a 6 Month Issue 5 sooner than we think.

Either that or it could simply be a case of Principality staff manually checking maturing accounts whenever they get time, if they're busy more maturity instructions would be honoured, of they're less busy they'd check more accounts and be more likely to close the duplicate accounts. I'm just speculating to be honest.

I suspect the 6 Month version would be higher up a manual check list, if there is one. While some MSErs weigh up the two (if you can only afford to fund £150 a month, then some of the 6 Month's advantage is wiped out as the £50 extra per month is not being paid in; also the return that the £1,000 would be making in a Feeder account in months 6 - 11 while waiting to go back into a subsequent account - if one is still being offered) if anyone outside of this forum is aware of duplicates then I expect they would overwhelmingly look at the rate only.

clairec666

Kim_13 said:

Dizzycap said:

chris_the_bee said:

Bob2000 said:

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.

So, in your case, they returned  the funds almost  immediately. (Principality) I've got 3 accounts  maturing in the next few weeks, but am not sure now whether to chance applying for duplicates of already holding accounts?

Principality
Has to be worth a chance. I had two duplicate 6MRS rejected and funds returned to me, but a duplicate X-masRS was accepted.

This makes me wonder if Principality have a set number of accounts per issue type & once reached, maturity instructions are not actioned?

If this theory is correct, we might see a 6 Month Issue 5 sooner than we think.

I'm anticipating that issue 5 may appear towards the end of the month, if the base rate is reduced on the 18th.

chris_the_bee

Dizzycap said:

chris_the_bee said:

Bob2000 said:

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.

So, in your case, they returned  the funds almost  immediately. (Principality) I've got 3 accounts  maturing in the next few weeks, but am not sure now whether to chance applying for duplicates of already holding accounts?

Principality
Has to be worth a chance. I had two duplicate 6MRS rejected and funds returned to me, but a duplicate X-masRS was accepted.

This makes me wonder if Principality have a set number of accounts per issue type & once reached, maturity instructions are not actioned?

Principality
Maybe. I already had 4 off 6MRS & was trying for another two, but only had one X-masRS.