Regular Saver Thread **New and Restarted**

20SmthngSver

veryintrigued wrote: »

Sunshine RS isn't available.

Do you mean the Special Regular Saver Issue 8 or Regular Saver Issue 3 or Members Rewards Saver?

If you do details here:

https://www.thenottingham.com/savings/our-savings-accounts/regular-savings/

Edit - just re-read your post and I've had an (unsuccessful) look for my paper terms for this account).

Without those my best guess is I think you'll be able to withdraw up to £10 but no early close.

No I mean Sunshine Regular Saver.

schiff

20SmthngSver wrote: »

No I mean Sunshine Regular Saver.

No withdrawals allowed till maturity - that's from the T&Cs sheet. If it's any help you can miss as many payments as you like.

Tellingly enough they add: 'As we don't allow withdrawals you need to be sure you won't need to access your money until the account matures'. Sorry

JamesRobinson48

The Loughborough BS has launched a new RSA: 2.00% variable; max £250 per month; can be opened and operated by post. This new issue replaces a similar product paying 1.50%, which has been withdrawn.

NB: the same BS also has a separate "Save to Buy" RSA paying 3.00%, which seems to be still available.

veryintrigued

JamesRobinson48 wrote: »

The Loughborough BS has launched a new RSA: one year; 2.00% variable; max £250 per month; can be opened and operated by post. This new issue replaces a similar product paying 1.50%, which has been withdrawn.

NB: the same BS also has a separate "Save to Buy" RSA paying 3.00%, which seems to be still available.

How rigorous are they on the ID checks for new postal customers?

Do they really need the certified copies of ID in addition to their electronic check?

[Deleted User]

Loughborough Building Society RSA

There is no online access to view account balance/transactions. You need to phone them if you want to check that FP's/SO's have been credited to the account.

schiff

I didn't expect this! My regular saver matured yesterday, the proceeds were in the 0.20% account today, I transferred it all to my Advance current account, then all but £260 withdrawn to my main current account elsewhere and opened a new RS online.

I was originally told 5 days for the RS proceeds to appear. The new one will be sorted in 2 working days so I may have preserved the 19/7 opening date. From something I read on here I expected to have to phone and persuade someone to open the new one for me!

badger09

schiff wrote: »

I didn't expect this! My regular saver matured yesterday, the proceeds were in the 0.20% account today, I transferred it all to my Advance current account, then all but £260 withdrawn to my main current account elsewhere and opened a new RS online.

I was originally told 5 days for the RS proceeds to appear. The new one will be sorted in 2 working days so I may have preserved the 19/7 opening date. From something I read on here I expected to have to phone and persuade someone to open the new one for me!

WOW

sounds like HSBC have finally got their act together:T

All we need now is for First Direct and M&S to follow suit;)

bristolleedsfan

veryintrigued wrote: »

How rigorous are they on the ID checks for new postal customers?

Do they really need the certified copies of ID in addition to their electronic check?

Dont send anything and see what the outcome is.


I sent original ID not to leave anything to chance.

veryintrigued

bristolleedsfan wrote: »

Dont send anything and see what the outcome is.

I was hopeful someone would be helpful and tell me if they had done that. And if so the outcome. This is, after all, what this forum is about.



Sending original ID isn't worth the risk or cost IMO.

bristolleedsfan

veryintrigued wrote: »

I was hopeful someone would be helpful and tell me if they had done that. And if so the outcome. This is, after all, what this forum is about.



Sending original ID isn't worth the risk or cost IMO.

https://forums.moneysavingexpert.com/showpost.php?p=75813790&postcount=2263


https://www.theloughborough.co.uk/savings/limited-access/save-to-buy-1

"To open an account you need to provide a completed application form, the minimum deposit and proof of your identity and address."


https://www.theloughborough.co.uk/savings/limited-access/save-to-buy-1

"Simply download, print and complete the application form. Then return your completed form, necessary identification and opening cheque to your preferred branch or post it to Loughborough Building Society, 6 High Street, Loughborough LE11 2QB."


https://62dbe34d7011e1d96aed-74f148eac27ef0702f7e2eabd0680235.ssl.cf3.rackcdn.com/helpAndGuidesDocuments/I-D-V-Customer-May-2019-Final.pdf

"We’re required by law to check the identity and address details of all account holders/operators. To do this, we’ll use electronic identity checks using a credit reference agency and we’ll ask you to provide documentation to verify your identity andaddress as shown below"