Regular Saver Thread **New and Restarted**

EachPenny

schiff wrote: »

As the proud possessor of 6 matured store RSs plus 7 open and 6 matured online RSs plus 7 open, I've been e-mailed to supply two items of ID, online or by visiting a store. As it's only 9 days since I was producing ID in the store to open the latest one, I was surprised!!
<....>
This is a bit overkill, isn't it?

liamcov wrote: »

I had that constantly too - turned out some of my accounts had a slightly different form of my address on them. Once I changed them all to the same wording they've never asked me to do this again.

I had a similar experience the first time I tried to open an additional account after they did an IT upgrade. It appears the IT upgrade 'broke' something in the electronic verification systems (a minor difference in address makes the system think you live in two different places) it also means the system 'forgets' that you've already been ID checked.

It is massive overkill.... especially as they only threaten to close the new account, not the dozen or so other ones you have with them.

Wheres_My_Cashback

cosh25 wrote: »

Do you get a passbook with this account?

Yes.

Excellent service from Monmouthsire. Applied online on the evening of the 13th, account opened with first deposit registered as the 16th and full paperwork, passbook recived today.

Ok, not quite into the 21st century with an instantly opened account like many, but pretty good for predominantly a postal application.

ashteadgirl

After first year interest drops from 2.35% to 1.35%. Anyone closed a/c after first year and opened new one within a week or so???? You cannot have more then one open but closing first one would get round this. I have another account with them to fulfill membership requirements. Any thoughts on this much appreciated.

veryintrigued

ashteadgirl wrote: »

After first year interest drops from 2.35% to 1.35%. Anyone closed a/c after first year and opened new one within a week or so???? You cannot have more then one open but closing first one would get round this. I have another account with them to fulfill membership requirements. Any thoughts on this much appreciated.

From the T&C's I can't see anything that would stop this.

When did you open yours?

Assume you haven't made over two withdrawals?

Can I withdraw money?
Providing a minimum balance of £10 remains, 2 withdrawals per calendar year can be made without notice or loss of interest.

Additional withdrawals are subject to the loss of 90 days interest on the amount withdrawn. Closure is subject to the loss of 90 days interest on the closing balance if 2 or more withdrawals have been made in the same year.

Withdrawals or closure can be made without notice and can be by cash (in branch only) and/or cheque (either in branch or by post). Transfers to another account with us can be made without notice.

Cash withdrawals are subject to a maximum limit of £500 per day.

liamcov

Does anyone have the Nottingham Member Bond or Tigers Bond (both fixed for 3 years) - they both don't allow withdrawals but i'm wondering what if one wants to close the account down early? Is this possible and will it be reduced interest?

ashteadgirl

Opened late 2016. Think I will give it a go closing it then reopening new a/c. No withdrawals made so far

veryintrigued

ashteadgirl wrote: »

Opened late 2016. Think I will give it a go closing it then reopening new a/c. No withdrawals made so far

Can you feedback the results please?

I'm in a similar position

System

Just a heads up those who applied for the Monmouthshire saver but not received anything in the post. I called to enquire about mine and they had had some sort of problem with the printer so the form to be sent on the post wasn’t sent. It was sent first class today , person gave me her direct number in future should I need to call about anything , and was very apologetic . So if anybody thinks they’ve not heard in like a week plus since application may be worth contacting them.

1882

Virgin Money RS 12 opened yesterday. About 15 mins to open in the branch and another 10 mins being shown around their lounge facilities which are extensive and very inviting. They did ask for ID despite my 7 online accounts but no matter.

schiff

1882 wrote: »

Virgin Money

They did ask for ID despite my 7 online accounts but no matter.

They always will, it's automatic!