Regular Saver Thread **New and Restarted**

colsten

See this post

Special_Saver2

Hi Folks,

I cannot find anything that has changed for this weekend's update.


I had already put in post 9 that the Tesco account in the feeder section had reduced its interest rate to 1% for new customers. I am glad to hear that existing customers get a little bit longer at the higher, old interest rate.


I will do another update next weekend.

SS2

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For those new to this thread, the first few posts are constantly updated and are on the first page

tg99

For those with multiple Virgin e and branch regular savers, has anyone had any luck in getting one tax certificate / statement showing total interest across all Virgin accounts? Last year I had a big batch of individual certificates arrive in separate envelopes on different days (and they ended up missing some out) and now started to receive for 18-19 too.

polymaff

Used to happen in more sensible times.

Nowadays, despite their corporate green agendas they bleat on and on about, few institutions seem to provide single composite certificates.

tg99

polymaff wrote: »

Used to happen in more sensible times.

Nowadays, despite their corporate green agendas they bleat on and on about, few institutions seem to provide single composite certificates.

Yeah, I was hoping for something in the style of Nationwide’s one as opposed to getting piles of envelopes delivered!

Not sure if this is correct but I think at one point on the forum I may have read about a tax form or statement that the bank has to send HMRC with the interest figures on so if they do that as a ‘one piece’ then may be able to try and get them to provide a copy?

Kazza242

To celebrate their 150th year, Monmouthshire Building Society have launched the Celebration Regular Saver Bond (issue 14), paying 3.00%.

- It is available to new and existing Monmouthshire BS customers.

- It can be applied for online,via the post or in branch/agency office.

- You can pay in between £20 - £300 per month.

- Additional deposits can be made into the account as often as you like up to £300 per month.

- The maximum balance allowed is £3,600.

- No withdrawals are allowed until after the maturity date.

- The interest rate is fixed for one year.

- The account will mature on the first anniversary of the date of opening.

- It is available in England and Wales.

Further details here.

MDMD

tg99 wrote: »

Yeah, I was hoping for something in the style of Nationwide’s one as opposed to getting piles of envelopes delivered!

Not sure if this is correct but I think at one point on the forum I may have read about a tax form or statement that the bank has to send HMRC with the interest figures on so if they do that as a ‘one piece’ then may be able to try and get them to provide a copy?

It’s a BBSI return

https://www.gov.uk/government/publications/type-17-and-18-bank-building-society-interest-and-other-interest-returns-of-interest-and-eusd/bank-and-building-society-bbsi-european-union-savings-directive-eusd-and-other-oi-returns-of-interest

Unfortunately they complete one return for each institution so they won’t send you a copy as it has every customer on it!

Rich2808

Kazza242 wrote: »

To celebrate their 150th year, Monmouthshire Building Society have launched the Celebration Regular Saver Bond (issue 14), paying 3.00%.

- It is available to new and existing Monmouthshire BS customers.

- It can be applied for online,via the post or in branch/agency office.

- You can pay in between £20 - £300 per month.

- Additional deposits can be made into the account as often as you like up to £300 per month.

- The maximum balance allowed is £3,600.

- No withdrawals are allowed until after the maturity date.

- The interest rate is fixed for one year.

- The account will mature on the first anniversary of the date of opening.

- It is available in England and Wales.

Further details here.

Happy 150th birthday to the Monmouthshire BS!

I hope they organise a nice celebration event for their head office staff - as they are likely to have to do a lot of overtime to process all the applications for this new account!

[Deleted User]

Kazza242 wrote: »

To celebrate their 150th year, Monmouthshire Building Society have launched the Celebration Regular Saver Bond (issue 14), paying 3.00%.

- It is available to new and existing Monmouthshire BS customers.

- It can be applied for online,via the post or in branch/agency office.

- You can pay in between £20 - £300 per month.

- Additional deposits can be made into the account as often as you like up to £300 per month.

- The maximum balance allowed is £3,600.

- No withdrawals are allowed until after the maturity date.

- The interest rate is fixed for one year.

- The account will mature on the first anniversary of the date of opening.

- It is available in England and Wales.

Further details here.

I'm unsure of the bit about "available in England and Wales".

Does this mean that you have to have an address in E and W to be eligible?

The product-specific terms and conditions do not mention England and Wales, just that you have to be resident in the UK for tax purposes.

I've applied online for the account with a UK address, but not England and Wales. Will have to wait and see what happens.

pearl123

Kazza242 wrote: »

To celebrate their 150th year, Monmouthshire Building Society have launched the Celebration Regular Saver Bond (issue 14), paying 3.00%.

- It is available to new and existing Monmouthshire BS customers.

- It can be applied for online,via the post or in branch/agency office.

- You can pay in between £20 - £300 per month.

- Additional deposits can be made into the account as often as you like up to £300 per month.

- The maximum balance allowed is £3,600.

- No withdrawals are allowed until after the maturity date.

- The interest rate is fixed for one year.

- The account will mature on the first anniversary of the date of opening.

- It is available in England and Wales.

Further details here.

I applied. At the end of the application it just says they will be in touch. No confirmation email. Will have to wait and see.