Regular Saver Thread **New and Restarted**

Poor_Leno

adindas wrote: »

Are you be able to do 30 purchases in one day or to spread it over several days ?

Also how much time approximately needed to complete the 30 transactions ? Thanks

I did 10 one day, then another 10 the next, and then 10 the day after. Pretty sure you could do all 30 at once if you wanted. As for time, it was super quick, I completed 10 transactions in about 4 to 5 minutes. Copy/pasted the 16 digit card number which made the process speedier, CVV and expiry being more memorable/easy to type. tI'll try all 30 in one sitting next month and time it, for sure I reckon I could do it in under 15 minutes.

Was so much easier than the hassle I had with my post office account that I was trying to do the same thing with. Generally, out of about 10 attempts with the post office account about 7 of them (sometimes even more) would return the "technical difficulties" message. Which is utterly frustrating when you just want to complete a task like that quickly.

So yeah, I do recommend the NS&I direct saver, its perfect for being able to max out the co-op reward and yes they do appear as a purchase on your co-op statement. The payment process is very smooth from my experience - which I suppose it should be since its backed by HM treasury.

The direct saver is here : https://www.nsandi.com/direct-saver
Only took me about 5 minutes or so to get the account open.

adindas

Poor_Leno wrote: »

I did 10 one day, then another 10 the next, and then 10 the day after. Pretty sure you could do all 30 at once if you wanted. As for time, it was super quick, I completed 10 transactions in about 4 to 5 minutes. Copy/pasted the 16 digit card number which made the process speedier, CVV and expiry being more memorable/easy to type. tI'll try all 30 in one sitting next month and time it, for sure I reckon I could do it in under 15 minutes.

Was so much easier than the hassle I had with my post office account that I was trying to do the same thing with. Generally, out of about 10 attempts with the post office account about 7 of them (sometimes even more) would return the "technical difficulties" message. Which is utterly frustrating when you just want to complete a task like that quickly.

So yeah, I do recommend the NS&I direct saver, its perfect for being able to max out the co-op reward and yes they do appear as a purchase on your co-op statement. The payment process is very smooth from my experience - which I suppose it should be since its backed by HM treasury.

The direct saver is here : https://www.nsandi.com/direct-saver
Only took me about 5 minutes or so to get the account open.

The problem here is that because you will need to use a debit card for payment so you will have to do it manually.

That is huge amount of work just to get 5p per transaction :):):)

Poor_Leno

Well, it wasn't for me but I get what you're saying. Literally, all it took was the amount +copy/paste 16 digit number + CVV + expiry. Its not even 30 seconds per transaction.

It depends which way you want to look at it really. I know people who spend more time filling in a "qualifying" survey in order to take a full' survey on sites and gain nothing for it. I just keep it in my head that those 30 transactions are worth 5% interest. If you don't have a speedy hand to complete the transactions in a timely manner then I totally get why you wouldn't be bothered to do it tho!

JamesRobinson48

Poor_Leno wrote: »

I also make 30 purchases of £1 for my NS&I direct saver using the co-op debit card ... I'll try all 30 in one sitting next month and time it, for sure I reckon I could do it in under 15 minutes.

Of course, it's your call if you think this is time well spent to make £1.50. But, please be aware that NS&I must pay the co-op a fee for those debit card transactions (that's why co-op bungs you the 5p), and that numerous £1 transactions in a few minutes would look suspicious to the respective Compliance departments. That's risking you some hassle, which might turn out to outweigh the £1.50.

Also, I'll respectfully mention that this thread is about Regular Saver Accounts, not debit card cashback.

Ken68

JamesRobinson48 wrote: »

Today this BS withdrew its attractive "Save to Buy" RSA (paying 3.00%), for new applications.

Separately, they still have a 2.00% RSA product.

Thank you James.....Just made it....posted Friday, ID with account number received back today.

david78

adindas wrote: »

The normal pattern is about two months from the last one. The i18 was launched on early August 2019, so people should expect to see the i20 to be launched in early October 2019.

Does anone have any info from VM personel about the VM RS i19 ?

I was in the store on Saturday to open issue 18 (I know I was a month plus some days late). I was told that issue 19 "should" be available to open on 1st October. But I am not sure the branch staff have any definite information.

surreysaver

Special_Saver2 wrote: »

Hi Folks,

I cannot find the Monmouthshire BS 150th birthday regular saver bond on their website so I am going to leave it off the list on page 1 but thanks for letting us know about it. I have the Celebration Regular Saver Bond on the list.


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

I will do the next 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

I popped into my most convenient branch of Monmouthshire today to open the 2.5 % and Celebration 3% Regular Savers. I enquired about this other one, and they told me it had only been available for two weeks and was withdrawn last weekend. So perhaps it was very limited issue and not even advertised!

adindas

surreysaver wrote: »

I popped into my most convenient branch of Monmouthshire today to open the 2.5 % and Celebration 3% Regular Savers. I enquired about this other one, and they told me it had only been available for two weeks and was withdrawn last weekend. So perhaps it was very limited issue and not even advertised!

Just want to inform people. If you are already a member of society, you could apply for 2.5% monhly saver (not celebration 3% Regular Savers) by post.

Just send them a secure message from your online banking and they will send you a application form by post for you to complete.

schiff

adindas wrote: »

Just want to inform people. If you are already a member of society, you could apply for a 2.5% monthly saver Celebration 3% Regular Savers) by post.

Just send them a secure message from your online banking and they will send you a application form by post for you to complete.

Post 2757

soulsaver

schiff wrote: »

Post 2757

And I said I'd ask, and feed back:

17/09/19

"Dear S. Saver
Thank you for your recent enquiry. I have sent an Application Form for the 'Regular Saver Bond (Issue 3) @ 2.5%' via post to your home address.

Regards
MBS"


So ta muchly as they say far up north ..:)