Regular Saver Thread **New and Restarted**

soulsaver

Opened one of the above last week.I couldn't see where it limits you to one in the verrrrry long T&Cs.

So chanced my arm with a few more, as you do in said circumstances

Just been informed by secure message they've closed the extra ones down

Kazza242

Deleted_User wrote: »

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.

typistretired wrote: »

And they only refer to England and Wales in their ABOUT section.

"Established in Newport in 1869 to help local people build homes, we now help people across Wales and England buy properties and save for their future. "

On the Celebration Regular Saver Bond web page, the first sentence after the gold text at the top states: "Available in England and Wales."

The information on this account on Moneyfacts states: "Restricted to those living in England and Wales."

Hattie - please keep up posted on the outcome of your application.

Kazza242

pearl123 wrote: »

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.

I applied yesterday. I called The Monmouthshire this morning. They said that they are currently processing the applications they have received and would be writing to applicants.

Stompa wrote: »

Thanks, but what a truly dire online application process. Why do we need to go through pages about the 2nd applicant when we've already said there isn't one?.

I thought the online application process was OK. The second applicant part didn't bother me, I think I clicked 'Next' two or three times, but that's all. I just hope the next stage (when they write to applicants) is handled in an efficient manner.

typistretired wrote: »

I don't mind filling in dire online application processes as long as at the end of the day I get a decent interest rate on my savings. It was only a case of pressing Next. Once again it is the building societies who are paying the best rates.

Agreed. I also appreciate it when building societies allow applicants to apply for their products online.

Sea_Shell

Thanks Kazza, myself and DH have just applied, with the "we'll be in touch banner", so here's waiting....

It would be nice if they could give you an option to print/save a copy of your application, but hey ho...its 3% so i'm not going to grumble.

Now to go and enjoy the sunshine!!!

Stompa

Sea_Shell wrote: »

It would be nice if they could give you an option to print/save a copy of your application...

It would have been good if they'd at least displayed a summary of the details you'd entered prior to clicking a submit button. That's they way these things usually work.

schiff

Deleted_User wrote: »

Nationwide is a building society, although it is so large and commercially-driven, it is easy to think that it is a bank.

You're right, it is

schiff

A strange time to float a new account - the Thursday before the Easter weekend. I can't imagine the staff being at their desks.

Matt17

They must have been snowed under with online applications as you can only open the account at any branch or agency office now.

gallygirl

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.

Deleted_User wrote: »

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.

Now says in branch only and I can't find a workaround

Sea_Shell

Wow they pulled that option fast!!!

Surely any financial institution these days MUST realise that a good product will be VERY attractive, especially if available online and word will spread...fast.

They even ask as part of the application where you heard about it and MSE was one of the options.

Do they do it on purpose...or are they caught unawares???