The Top Regular Savers Discussion Thread

Slinky

https://forums.moneysavingexpert.com/discussion/comment/82110540#Comment_82110540

Mine also matures on that date. I'm fairly convinced I asked them to transfer to my nominated account on maturity, but checking online there's no visible way that I can see to check this. There doesn't seem to be any place in which to submit maturity instructions, which suggests I have already told them. Have not heard anything back from them to say there's a problem for me.

gt94sss2

https://forums.moneysavingexpert.com/discussion/comment/82110500#Comment_82110500

Monmouthshire (in line with others who use the same platform) have to manually approve the addition of accounts to a customers internet banking profile.

Until then, it will remain in a pending state. From the message on their online banking login page, they seem very busy at the for some reason - I can't imagine why!

DodgerPot

Monmouthshire app exclusive RS

Just an update for those planning closures

After initiating this account closure for today (maturity was tomorrow/saturday) the funds have just arrived now in my nominated bank account at 4pm
£496.33 interest

Shame they’re not offering another members exclusive follow on RS

allegro120

https://forums.moneysavingexpert.com/discussion/comment/82110569#Comment_82110569

Darlington issue 2

Mine matures on 31st too. It will become a Maturity Easy Access account, with a variable rate of 1.85%. I don't have any other accounts with Darlington so will withdraw and leave £1 for maintaining continuous membership. Requests made before the 2:30 PM cutoff on a working day are processed that day and arrive to destination account on the next working day. Requests made after 2:30 PM, or on a non-working day, are treated as received on the following working day. So there are 2 options, withdraw on 27th August or 1st September. My EA pays 5%. According to my rough calculation I will be £1.45 better off withdrawing £3268 on 27th and the rest of interest on 1st Sept.

Edit: I put full details (dates of deposits, interim interest payment mess in January etc.) in AI and the result is "withdrawing the main balance early on 27th August is still the better option—but only by a tiny margin of £0.01." I might accept the loss to make only one withdrawal instead of two.😀

FishInGlass

https://forums.moneysavingexpert.com/discussion/comment/82110569#Comment_82110569

Darlington

For those wandering about maturity instructions. I had an email on the 18th for the account maturing on the 31st August. I requested that the proceeds be transferred to my existing nominated account. On the 20th I was sent a second email saying there was a secure message waiting. On logging in and viewing the message it states the following in the account closure message.

Please click on 'Move Money' and choose the option ‘Withdraw to your
nominated account' when your account has matured as we cannot accept
requests by email/secure message.

Kim_13

So the consensus is ignore the Darlington email and do as you please when it matures then?

Pickledonionlover

https://forums.moneysavingexpert.com/discussion/comment/82110608#Comment_82110608

Monmouthshire

I had two to mature tomorrow and requested an early closure today which has landed in my nominated account in the last two hours.

Both have close to £500 interest but here's the weird thing 20p apart even though they were opened (one erroneously) on the same day.

They were also a £1 or so less than yours @DodgerPot

All good though 👍

Stargunner

Darlington.

You can withdraw the full balance and close the RS from their online banking.

I closed mine this morning and received the £3k plus interest into my nominated account this afternoon.

chris_the_bee

https://forums.moneysavingexpert.com/discussion/comment/82110646#Comment_82110646

Darlington

In the email regarding maturity, you need to click the Maturities FAQs and 'Maturity Easy Access' account details box.

Then click:- If you have a maturing Investment Account (non-ISA), please let us know what you’d like to do with your money by clicking here. and complete the details,

flaneurs_lobster

https://forums.moneysavingexpert.com/discussion/comment/82110663#Comment_82110663

A little worryingly, followed that link and submitted maturity instructions to Darlington (which were accepted) without logging into the site.

So maybe that's alright then?