The Top Regular Savers Discussion Thread

trickydicky14

subjecttocontract said:

happybagger said:

I just look forward to being able to read something other than stories and outrage over Principality following their terms. Can we accept, please, that they are / will be enforcing their terms, and either have  done / will not be allowing people to open/renew into accounts which would break those terms? And maybe move on? Is there really much more of substance that can now be added to this story?

Nice to see one question about Melton in amongst all this  

@s71hj pass me your hat when you're done with it...

It's a discussion forum so surely discussion is what you'll get. If you don't like what's posted you can always skip over it and move on.

It's hard to as you say 'skip over it' you need to go on a road trip to get passed it.

subjecttocontract

Because it's an internet forum there will always be posts that will be of no interest to you but they may of course be of interest to someone else. 

Bridlington1

happybagger said:

I just look forward to being able to read something other than stories and outrage over Principality following their terms. Can we accept, please, that they are / will be enforcing their terms, and either have  done / will not be allowing people to open/renew into accounts which would break those terms? And maybe move on? Is there really much more of substance that can now be added to this story?

Nice to see one question about Melton in amongst all this  

@s71hj pass me your hat when you're done with it...

So far as I'm concerned discussion about the Principality BS regular savers are well within the scope of this thread so I've no issue with it being discussed here.

Like yourself I also welcome the discussion about the Melton BS regular savers.

Regardless though if the BOE base rate gets cut next week I'm sure discussion would move onto other regular savers anyway as banks/building societies declare what they'll be doing with their regular saver interest rates, if this happens I shall be maintaining my usual list of regular saver interest rate cuts.

Section62

Middle_of_the_Road said:

pecunianonolet said:

30 pages to go until we reach the limit here. Wonder if we can fill another 30 pages with Principality chat? So much speculation about reasons and things we don't have a clue about. We basically serve potential fixes on a silver platter, all they need to do is read here. Their PR agency probably is reading here and creating reports, which is totally normal and I have ordered PR agencies to do similar things in the past, just a different industry. 

Just be happy about extra interest you could generate in the past and everyone always knew and clicked to acknowledge T&C's so if it's not happening anymore be happy about the opportunity in the first place, not matter the reasoning behind. 

What happens when the limit is reached?

They refuse to action your maturity instructions and send the balance to your nominated account. 

Nuggy96

Middle_of_the_Road said:

pecunianonolet said:

30 pages to go until we reach the limit here. Wonder if we can fill another 30 pages with Principality chat? So much speculation about reasons and things we don't have a clue about. We basically serve potential fixes on a silver platter, all they need to do is read here. Their PR agency probably is reading here and creating reports, which is totally normal and I have ordered PR agencies to do similar things in the past, just a different industry. 

Just be happy about extra interest you could generate in the past and everyone always knew and clicked to acknowledge T&C's so if it's not happening anymore be happy about the opportunity in the first place, not matter the reasoning behind. 

What happens when the limit is reached?

Like a Principality RS we'll just mature and hopefully MSE will allow us to get another edition

dcs34

Principality BS Regular Savers
Well I did everything the same as the previous times (Option 4, out of hours and ideally over a weekend) but today received the dreaded secure message to inform me that I already held a 6M Regular Saver Issue 4 (that's quite true...) so PBS cannot comply with my maturity instructions. It seems they really are trying to crack down now albeit manually rather than fixing the maturity instruction processes.

Given they've told me I'll refrain from trying the trick again lest they consider it a more serious breach of the T&Cs. Wouldn't want to risk all my 6M Regular Saver collection...plus we might see a new issue soon (and AFAIK Principality have always officially allowed at least one of each account/issue).

alfred64

Bridlington1 said 

Regardless though if the BOE base rate gets cut next week I'm sure discussion would move onto other regular savers anyway as banks/building societies declare what they'll be doing with their regular saver interest rates, if this happens I shall be maintaining my usual list of regular saver interest rate cuts.

 Almost a given now U.S. rates have been cut  0.25%.  Some of the more generous  regular savers likely to become either NLA or rate reduced or NLA and replaced with lower rates.

s71hj

Given the likely interest rate trajectory the bank of Scotland 5.5% fix RS finally looks attractive to me. Does anybody have experience of applying, how quick it is etc? Thanks. 

masonic

s71hj said:

Given the likely interest rate trajectory the bank of Scotland 5.5% fix RS finally looks attractive to me. Does anybody have experience of applying, how quick it is etc? Thanks. 

From memory just as quick and easy as other LBG accounts.

s71hj

masonic said:

s71hj said:

Given the likely interest rate trajectory the bank of Scotland 5.5% fix RS finally looks attractive to me. Does anybody have experience of applying, how quick it is etc? Thanks. 

From memory just as quick and easy as other LBG accounts.

Cheers. So I assume you apply for the current account then as soon as opened the RS?