6mth Principality Regular Saver, maturity process tips please

Stargunner

surreysaver said:

I always use Option 4 - and that's what I believe most others use too. Put £200 into a new Regular Saver and the rest transfers to your current account, which you supply the details of when advising them of your maturity instructions 

I have always used option 2 and the new RS retains the same acc number as the maturing one, which makes it easier for me for my future deposits.

subjecttocontract

Some people have recommended the wearing of an item of green clothing as it has resulted in successful opening of multiple iss 4 accounts........I'm not convinced it works but others support the idea !😁😁

SJMALBA

Stargunner said:

surreysaver said:

I always use Option 4 - and that's what I believe most others use too. Put £200 into a new Regular Saver and the rest transfers to your current account, which you supply the details of when advising them of your maturity instructions 

I have always used option 2 and the new RS retains the same acc number as the maturing one, which makes it easier for me for my future deposits.

It's the same with option 4.

The key point seems to be withdrawing remaining funds to an external account, rather than internally to another Principality account.

Bigwheels1111

Option 2 for me as soon as its an option.

00.05am most times.

ThePirates

ih8stress said:

ThePirates said:

If you don't have an issue 4 yet, open one now then use your maturity instructions to start a second!

Use online maturity rather than postal as they'll hopefully be no human intervention!

@ThePirates   I only have the current Issue 3 account which is due to mature on the 19th.

Do you know when Issue 5 is out?  

It says that I can only have one Issue 4 account, so should I just open a separate Issue 4 account now and hope that I can do another one with the Issue 3 maturity options via my online account?

If so, which Option No. should I be going for?

Has this worked for other people?

Thanks

As everyone else had said, yes it works, I have 2 Iss3 and 3 Iss4 at the moment!

allegro120

I always use option 2 - one less transaction for me to do.  

ih8stress

Thanks folks, maybe I should do a Poll on Option 2 v Option 4, ha ha.

I have opened a new Issue 4 RS and will go via Option 2 for the 'maturing' Issue 3 RS.

I will also try and apply for it over the weekend online, possibly after midnight as hinted on here.

Oh, and just to be extra sure - I will wear my green camouflage jumper and maybe a tin foil hat

Hattie627

Just had a 6 Month RS Issue 3 mature today into an Issue 4 (my fourth Issue 4), with a £200 rollover and the balance of £1027.33 (including interest of £27.33) going to an external account. 

As with all previous maturities of (various issues of) the 6 Month RS, I have used Option 4 when entering maturity instructions, with balance always to an external (ie not Principality) account. So far, I have not had a maturity option rejected. 

Account number for the new 6 Month RS has always stayed the same as the previous. 

PixelPound

Stargunner said:

surreysaver said:

I always use Option 4 - and that's what I believe most others use too. Put £200 into a new Regular Saver and the rest transfers to your current account, which you supply the details of when advising them of your maturity instructions 

I have always used option 2 and the new RS retains the same acc number as the maturing one, which makes it easier for me for my future deposits.

This, since I fund via SO, then this means I carry on, since for my bank I'd have to delete and create a new payee (not onerous but as I would open a new one anyway its just less work).

gwapenut

Hi, I just wondered at what stage the maturity options appear onlinbe? Mine matures quite soon, on 4 January. I have received a letter in the post about it, but do not yet see any options online when logged in to choose options 1 to 4.

Do I have to submit a maturity enquiry under account services ("Your savings maturity enquiry
"), or will there soon be a new option on the "Manage this account" dropdown box next to my account on the home page?

EDIT. I am only given 3 options in the letter, not option 4 to put it into a new regular saver. I opened a regular saver issue 4 two days before they sent their letter - does this mean they know I already have one of that issue of saver now and are denying me option 4?