Regular Saver Thread **New and Restarted**

surreysaver

adindas wrote: »

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

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

I wanted to get my Learner Earner from the Principality too while I was there...

Special_Saver2

Hi Everybody,

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

takke

Saffron BS 12 Month Fixed Rate Regular Saver (Issue 4) cannot be opened online, even for customers with an online account. In addition, it requires certified ID to be sent, again even for customers who already have an online account.

adindas

takke wrote: »

Saffron BS 12 Month Fixed Rate Regular Saver (Issue 4) cannot be opened online, even for customers with an online account. In addition, it requires certified ID to be sent, again even for customers who already have an online account.

[FONT=&quot]ID, documents certification is still doable as long as they do not limit it to Solicitor or Bank Officials. Bank officials will not certify document for their competitors. Solicitors will normally ask you £15 per signature. I have seen some solicitors are even asking £50.[/FONT]

[FONT=&quot]Even the UK Gov itself accepts varieties of professionals who could countersigning passport.[/FONT]
[FONT=&quot]https://www.gov.uk/countersigning-passport-applications/print[/FONT]
[FONT=&quot]
Earl Shilton BS, Scottish BS for instance they were asking me the certified copies of my IDs, documents from solicitor or Bank Officials to complete my application. Particularly Scottish BS I used to have a saving AC with them a few years and they were still asking me the certified copies. Not to mention I ignored them.[/FONT]
[FONT=&quot]Unfortunately, some banks, BS are still living in the stone age.[/FONT]

JamesRobinson48

adindas wrote: »

Scottish BS for instance they were asking me the certified copies of my IDs, documents from solicitor or Bank Officials to complete my application. Particularly Scottish BS I used to have a saving AC with them a few years and they were still asking me the certified copies. Not to mention I ignored them.[/FONT]

I recently opened a Scottish BS RSA by post. I sent them originals of an HMRC tax coding notice, plus a bank statement for a little-used current account. It cost me nothing, they were perfectly happy, and the account opening process was smooth and quick.

JamesRobinson48

Coventry BS has launched today a new RSA: 2.50% variable rate, 12 months, max £500 pm.

It's permitted to apply online, however they seem to be a stickler for ID requirements.

schiff

JamesRobinson48 wrote: »

Coventry BS has launched today a new RSA: 2.50% variable rate, 12 months, max £500 pm. Looks good to me.

"Each month you can pay in as much as you like, up to a maximum of £500. Your month starts on the day of the month you opened the account. For example, if you opened the account on 25 September you’d have from 25 September to 24 October to pay in your first month’s allowance. Your second month would start on 25 October."

Which means you can't put in £500 today and a monthly £500 on the first of succeeding months, as has been possible with other RSs.

Fingerbobs

JamesRobinson48 wrote: »

Coventry BS has launched today a new RSA: 2.50% variable rate, 12 months, max £500 pm.

It's permitted to apply online, however they seem to be a stickler for ID requirements.

Thanks for the heads-up! Just applied online, and account opened instantly (I'm an existing Coventry member) but not yet showing up in my Online Account Summary. The confirmation screen said it would be visible there "shortly".


Edit: And it's now showing up, approximately 1 hour after application.

soulsaver

JamesRobinson48 wrote: »

Coventry BS has launched today a new RSA: 2.50% variable rate, 12 months, max £500 pm.

It's permitted to apply online, however they seem to be a stickler for ID requirements.

Just applied on line, accepted, ac opened, initial funded and SO set up.. in just a few minutes - already a member

Sea_Shell

Me too!! (Coventry that is)

Nice to not have to commit to any regular deposits and can make them ad hoc, as most of our cash is tied up in notice accounts and other RSs.

It's a case of weighing up the rate in the float account v the RS.