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Regular Saver Thread **New and Restarted**

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Comments

  • 20SmthngSver
    20SmthngSver Posts: 512 Forumite
    100 Posts Second Anniversary Name Dropper
    It's basically the same as the Sunshine Regular Saver which launched in June 2018 and runs until November 2019. I have this account. £200 a month at 2.3%, max. balance £3400. No withdrawals or early closure permitted. Was only available for a couple of weeks to a month from what I remember.
  • Saver53
    Saver53 Posts: 22 Forumite
    Sixth Anniversary 10 Posts
    I have had several previous Nottingham Regular Savers. I have succeeded in closing each of them by post, although this option was not spelled out in the T&C.
  • Saver53
    Saver53 Posts: 22 Forumite
    Sixth Anniversary 10 Posts
    Just sent a letter (with the pass book) to Head Office.
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 4 July 2019 at 8:52PM
    Saver53 wrote: »
    Just sent a letter (with the pass book) to Head Office.

    Thanks for the head up. I will try it again.

    What about opening a branch only product. Do they allow you to apply by post if you just send application form to their head office together with check.

    A few years ago I tried it, it was returned to me with a very nice letter (which embarrassed me :cry::cry:) ?.

    Does anyone successfully "open" a Nottingham BS branch only product by post sent to head office ??
  • Careful_ly
    Careful_ly Posts: 622 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    https://www.thenottingham.com/savings/products/special-regular-saver-issue-8/

    Further details now available,
    £250 per month, no withdrawals, or early closure
    2.5% variable interest
    Maturity 28.2.21
    Branch only for opening
  • I opened this in May with some trepidation but all going okay. Great customer service at Loughborough.
    Can be opened by post by UK residents. No existing membership required. Save up to £500 per year (£6000 per annum) up to overall limit of £24000. Must save for 10months out of 12 to earn the interest rate of 3pc (variable). Two withdrawals of up to £500 each allowed per year. Can be closed without notice. Requirement to close only at Head Office can be met by post. No internet access to account. However balance can be checked by phone very easily, great staff deal with phone enquiries. I'm very happy.
  • Apologies. Previous post refers to Loughborough BS Save to Buy account. £500 per year should read £500 per month.
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 7 July 2019 at 4:59PM
    I opened this in May with some trepidation but all going okay. Great customer service at Loughborough.
    Can be opened by post by UK residents. No existing membership required. Save up to £500 per month (£6000 per annum) up to overall limit of £24000. Must save for 10months out of 12 to earn the interest rate of 3pc (variable). Two withdrawals of up to £500 each allowed per year. Can be closed without notice. Requirement to close only at Head Office can be met by post. No internet access to account. However balance can be checked by phone very easily, great staff deal with phone enquiries. I'm very happy.


    Do you need to take mortgage with them to earn 3% pa ??
  • Fingerbobs
    Fingerbobs Posts: 1,719 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 6 July 2019 at 11:46PM
    Careful_ly wrote: »
    Daft question I'm sure, but can you open one of these if you've already got a Special Regular Saver Issue 7?

    It says "
    only one Special Regular Saver Issue 8 can be opened per customer" but does it really mean that, or does it mean that you can only have one Regular Saver at a time?

  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Fingerbobs wrote: »
    Daft question I'm sure, but can you open one of these if you've already got a Special Regular Saver Issue 7?

    It says "
    only one Special Regular Saver Issue 8 can be opened per customer" but does it really mean that, or does it mean that you can only have one Regular Saver at a time?


    Yes you can.
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