The Top Regular Savers Discussion Thread

friolento

I have another Principality RS4 maturing shortly. The maturity options are very unimpressive - best one is a 5% AER RS. Seems we have to come to the end of an era.

ToastLady

https://forums.moneysavingexpert.com/discussion/comment/81957699#Comment_81957699

We definitely have. I just gave instructions today to cash out Principality RS 4 on 24/4, and will be doing the same with the next one maturing a few weeks later.

dingling68

Principality

I too have an issue 4 maturing on 24/4 and will also be cashing it in, to then move the money into my ISA.

I am trying to cut down on the RS accounts and also put more into my pension too as the years run away with me.

it has been fun but I can now do away with the green shirt … it’s just not my colour 😜🤣

MisterMotivated

https://forums.moneysavingexpert.com/discussion/comment/81957724#Comment_81957724

I'm in exactly the same position, gave instructions this morning to close on 24th, and will do the same for the one maturing 16th May.

As much as I hate to lose the market leading interest (x6), it'll be a nice change to see all my accounts fit on the screen at once lol

allegro120

https://forums.moneysavingexpert.com/discussion/comment/81957840#Comment_81957840

The same here. Another one will be gone on 24th. Two more will be gone in May and I'll be left with 3 of these.

I'm still far from my RSs fitting on the screen at once, but it is slowly getting there.

Hattie627

Seems like I'm the exception to the rule.

Have already maxed out both my cash ISA and my SIPP for 26/27. Still in the market for any home for cash which beats the best easy access.

5% fixed for the Principality 6 month RS is good value, if less good value than before. Unrestricted access and closure on demand. What's not to like for what it is? Principality have never failed me on admin/service.

Just entered maturity instructions for a rollover from an Issue 4 to Issue 6 on 24th April.

ToastLady

https://forums.moneysavingexpert.com/discussion/comment/81957902#Comment_81957902

I worked it out that I'd gain exactly £1 if I kept the Principality 6M at 5% compared to leaving it my easy access account. Just going to give it a miss and stick with the higher % regular savers that I already have. I did want to reduce my regular savers anyway and Principality made the choice easy.

Section62

https://forums.moneysavingexpert.com/discussion/comment/81957919#Comment_81957919

Principality

You'd also gain the possibility that at renewal in 6 months time there may be a more interesting product to be gained (only) via the maturity process.

….but nobody knows whether there will or won't be one.

masonic

The Principality 6 month RS is one of the few I'd have considered renewing, since it matures within the tax year, but I can already obtain 5% on my easy access savings for the time being. Fortunately I have a couple of Christmas savers with a few months between them, so will have options should anything exclusive materialise.

ToastLady

https://forums.moneysavingexpert.com/discussion/comment/81957945#Comment_81957945

I still have other Principality accounts maturing later in the year, so that base is covered at the moment