Regular Saver Thread **New and Restarted**

Careful_ly

There will be a new regular saver at Nottingham Building Society from Friday 5th July 2.50% interest £250 per month.

If it follows the same format as usual it will be branch only for opening and run for approx 18 months to maturity.

ernie-money

TSB as feeder sadly only paying 3% interest now...

schiff

ernie-money wrote: »

TSB as feeder sadly only paying 3% interest now...

Not as sad as Santander, Marcus, Bank of Scotland, etc.

3% is excellent for a current account; don't knock it.

20SmthngSver

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

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

Just sent a letter (with the pass book) to Head Office.

adindas

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 ) ?.

Does anyone successfully "open" a Nottingham BS branch only product by post sent to head office ??

Careful_ly

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

[Deleted User]

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.

[Deleted User]

Apologies. Previous post refers to Loughborough BS Save to Buy account. £500 per year should read £500 per month.