The Top Regular Savers Discussion Thread

Middle_of_the_Road

https://forums.moneysavingexpert.com/discussion/comment/81937882#Comment_81937882

If you must abbreviate Principality, surely the K should be a C

Dizzycap

https://forums.moneysavingexpert.com/discussion/comment/81937664#Comment_81937664

Me too! I'll make more interest leaving the money as a lump sum in one of my 5% Cahoot accounts for 6 months.

flaneurs_lobster

https://forums.moneysavingexpert.com/discussion/comment/81937882#Comment_81937882

Enough, genuinely annoying now. On the ignore list.

flaneurs_lobster

 I think the "interest rate optimiser" is a known behavioural profile

Tee shirt on order.

where_are_we

New Principality 6 Month RS issue 6 thoughts

5% is the bottom of the RS barrel especially with the curtailing of interest rate drops because of the war. However, If you have used up all the available 5% plus RS`s there may be a case in opening one with £200 this month and £200 on 1/4/26 and then waiting to see if new RS`s or cash ISA`s have better rates. You do not have to fund every month and although withdrawals are not allowed you can close it without loss of interest. At least the interest rate is fixed so you have certainty. Yes, Cahoot`s SDS 5% is a marginally better home for your cash with instant access but it has a variable interest rate so the Principality 6 Month RS @5 % could be a part insurance in case of a Cahoot SDS rate drop, unlikely though that is. Santander could also pull the plug on multiple Cahoot SDS`s.

Section62

Principality 6 Month RS issue 6

I have a maturity coming up, so although the issue 6 rate is not that exciting, I'll pick it as a maturity option to preserve a future maturity opportunity, rather than letting the account fall into being another pointless easy access account (or closing it).

saverkev

https://forums.moneysavingexpert.com/discussion/comment/81937651#Comment_81937651

Principality

Very disappointing news - 5% below my threshold so wil not be renewing into issue 6 when my current issues mature.

A big reduction especially considering no recent Base Rate reduction

Good while it lasted for sure

clairec666

https://forums.moneysavingexpert.com/discussion/comment/81938084#Comment_81938084

Given that Principality usually follow a "one of each issue" policy, then there's no harm in renewing as a maturity option with £1, it won't prevent you opening further issues if they increase the rate again. Then again, for an account that only lasts 6 months, it might not be worth the hassle, unless interest rates elsewhere completely fall off a cliff, which is looking unlikely at the moment.

mhoc

Apologies - this has probably been answered before.

Please does anyone know if there is any place on the Hanley building society website were I can download an application form which I can print off to complete.

We are finally heading in that direction on Friday so I had the bright idea of opening an in branch smart saver. I rang their HQ number and asked a helpful chap if it was possible to have both online and branch versions and he did all of the checks and said it was.

But Hanley have no appointment spaces on Friday at Stone so I thought I might just fill in forms and leave them with them including cheques - yes I know they could just point blank refuse to take them but worth a try.

MSE_ForumTeam5

We've split some posts about AML (anti-money-laundering) and source of funds issues into a separate thread