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Regular Savings Accounts: The Best Currently Available List!
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You can only deposit money into your TSB Reg Saver by Standing Order.
Worth reading the information about the account. http://www.tsb.co.uk/savings/monthly_saver.asp0 -
You can only deposit money into your TSB Reg Saver by Standing Order.
Worth reading the information about the account. http://www.tsb.co.uk/savings/monthly_saver.asp
I was aware of that but I'm not able to set up a standing order from my current account, because, again, the monthly saver doesn't show up as "one of your accounts".
Curious though - how does a payee know that money has been desposited as a result of standing order? If it's come from another bank, as is allowed in this case I believe, it just shows up as a deposit, surely. The payee doesn't get involved in the standing order. Different if it were a direct debit, obviously.Give a man a fish, and he will eat for a day. Teach him how to fish, and you’ll get rid of him every weekend.0 -
I was aware of that but I'm not able to set up a standing order from my current account, because, again, the monthly saver doesn't show up as "one of your accounts".
Curious though - how does a payee know that money has been desposited as a result of standing order? If it's come from another bank, as is allowed in this case I believe, it just shows up as a deposit, surely. The payee doesn't get involved in the standing order. Different if it were a direct debit, obviously.
I setup my standing order yesterday. When you click on 'Setup Standing Order' select 'Company or Person' rather than 'One of your accounts' and enter the Name, Sort Code , Account Number, Reference and select the remaining options as desired.
(I found it helpful to take a screenshot of my Monthly Saver (using 'Prt Sc' and Paint/Word etc.) so that I'd have the required account details to hand when setting up the standing order).
My first SO payment successfully went in to my Monthly Saver today.Please call me 'Kazza'.0 -
Quote:
Originally Posted by Kazza242
I opened the Nottingham BS regular savers by post. I supplied all of the ID documents and sent my application to their head office address. Sometimes it's worth putting in a cheeky application.patientperson wrote: »I have been in touch with Notts BS to try to open their regular saver and their official line is still that nobody can open these accounts by post .. strange response but true. It was the Summer Saver at 5% which was interesting whilst the regular saver would have been a added bonus.:(
I am curious .. have any other members managed to open via postal system?.0 -
patientperson wrote: »Quote:
Originally Posted by Kazza242
I opened the Nottingham BS regular savers by post. I supplied all of the ID documents and sent my application to their head office address. Sometimes it's worth putting in a cheeky application.
I am curious .. have any other members managed to open via postal system?.
Yes, I opened by post too. I downloaded an application form and sent it to the branch I have visited once. I have opened this years Isa and a Jubilee saver (last year) in the same way.0 -
I setup my standing order yesterday. When you click on 'Setup Standing Order' select 'Company or Person' rather than 'One of your accounts' and enter the Name, Sort Code , Account Number, Reference and select the remaining options as desired.
Got to admit however it's a little daft that it says all payments must be by standing order, but then doesn't let you create a standing order to it normally, you have to pretend it's not one of your accounts and then enter your account details. Fail #1.
It says on the web and in the "Interest rates" 3% for the first 12 months. But once the account is open, it changes to 2%. Fail #2.
I've rang them and asked whats going on and they've told me they don't have a savings account that pays 3%, maybe I'm getting confused with the "Enhance" current account. They didn't seem capable of checking their own website. Fail #3.
So my account is currently there with a NIL balance.0 -
Got to admit however it's a little daft that it says all payments must be by standing order, but then doesn't let you create a standing order to it normally, you have to pretend it's not one of your accounts and then enter your account details. Fail #1.
It says on the web and in the "Interest rates" 3% for the first 12 months. But once the account is open, it changes to 2%. Fail #2.
I've rang them and asked whats going on and they've told me they don't have a savings account that pays 3%, maybe I'm getting confused with the "Enhance" current account. They didn't seem capable of checking their own website. Fail #3.
So my account is currently there with a NIL balance.
Yes, I noticed this. Really not good enough. How can they say this when all their advertising has "3%".
The account was set up instantly...but that's really the only positive thing you can say about it.0 -
For those that hold Cheshire BS Platinum Monthly Saver accounts. Has anyone noticed the wording of the letter they send out?
(Emphasis mine)If you'd like to continue saving monthly, you could open another Platinum Monthly Saver in branch once the fixed term period has come to an end on any Platinum Monthly Saver accounts that you currently hold. Visit thecheshire.co.uk to find out more
Are they saying that as each Platinum account comes to a close you are entitled to open a new one even if you hold more than one?0 -
Hi Everybody,
I cannot find anything to change for this weekend's update.
Regarding the message from someone, the details in the leaflet for the Cheshire BS account state
Perhaps you can hold one account per issue? If anybody has done that then I can add that information to the entry on page 1 of this thread."The account is restricted to one account per person during the fixed term period."
I will do another update next weekend.
SS2
For those new to this thread, the first few posts are constantly updated and are here: http://forums.moneysavingexpert.com/...d.php?t=6086970 -
Bank of Scotland have a 3% regular saver but I am confused!!
I have just opened a basic current account with them with Vantage attached to get the 3% on 5K. I looked around the site and discovered the regular saver with the stipulation that you must hold a current account to apply.
When I tried to apply it said my account wasn't eligible?
As I said I am confused by this, I must be missing something here?0
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