The Top Regular Savers Discussion Thread

PloughmansLunch

https://forums.moneysavingexpert.com/discussion/comment/81883645#Comment_81883645

I find Chase one of the easiest feeder accounts to use, and works absolutely fine with Monmouthshire and Principality for me. Each one has been saved with the usual sort code and account number but a unique ref

friolento

https://forums.moneysavingexpert.com/discussion/comment/81883526#Comment_81883526

Go ahead 😉

friolento

https://forums.moneysavingexpert.com/discussion/comment/81883553#Comment_81883553

with Santander, you can change your payee names to anyhting you like at the time of setting up the payee

nomorekids

Funding regular saver accounts

No one has mentioned TSB.

TSB allow a display name which I use for abbreviated account name and detail, like Prin4 200 Feb26 when references are not used for the account number, I add further account details in the reference like the percent and whether instant access or whatever it is.

Jimbobdibob

Find the recent discussions most interesting (and all the other RS posts) , thank you all.

Having been inspired by this thread have took my first proper step into RS (although have 5k in Natwest without thought) with Principality. What a royal pain in the a*** to fund the Christmas and 6 month saver from my Natwest current account each month.

Partner and little one have always laughed at me for having to get my little plastic gadget out to add a payee.

Note to self, new current accounts. I've never done a switch bonus (Natwest only since early 1980s).

Lots to learn.

Thank you all again.

chris_the_bee

https://forums.moneysavingexpert.com/discussion/comment/81883953#Comment_81883953

If you don't already have one, open a Principality Easy Access account, then pay the total of your RS accounts into the EA, wait an hour or so for it to arrive and then carry out an internal transfer to each of the RS accounts from the dropdown list. No reference numbers required and only one payment from your NatWest account.

Angelica123

https://forums.moneysavingexpert.com/discussion/comment/81883823#Comment_81883823

I agree Chase is the easiest feeder. Easy to nickname, standing orders can be done from savings accounts. When the savings account had a competitive interest rate - it was ideal.

I have moved to using my Cahoot Sunny Day Saver as higher interest. You can't set up standing order from the saver but you can set up future payments so a little more effort to manual set up 6 or 12 payments for regular saver.

FishInGlass

https://forums.moneysavingexpert.com/discussion/comment/81884010#Comment_81884010

I think you mean issue 5 not 6.

No need for them to be rigorous if you havent already opened an issue 5 yet. I decided to wait until today and have also submitted maturity instructions to put £200 into this new RS on the 28th.

ThePirates

Principality Maturing 28th Feb.

Well that's the 1st step done!

"You've requested that £200.00 of the balance in your 6 Month Regular Saver Issue 4 will move to your 6 Month Regular Saver Issue 5 on 28th February 2026."

I'll try opening an Iss5 the day before and hope I'll end up with 2!

I've got another 3 maturing over the next couple of months... Let's see what happens!

WillPS

Principality

a) isn't all this talk advising 'how to' abuse their maturity process to end up with more than they permit (and otherwise tightly enforce) in their terms & conditions very much a "legal grey area" as defined in the forum's rules?

b) above notwithstanding, I don't see how any of this will work - they perform a check on the working day afternoon after the maturity process took place, and if they see the account was opened in violation of their terms then they close it

c) doesn't this additional enforcement prove further that this really is a behaviour Principality find unacceptable; my point being both that it'd be inadvisable from the perspective of trying to work with a generous player in this scene rather than against them (not biting the hand that feeds) and also further to point (a) really shouldn't be up for discussion here.