Regular Saver Thread **New and Restarted**

Poor_Leno

Yeah it was still there on Thursday so I guess it was pulled yesterday. No surprise I guess since it being a Christmas saver, would be silly having any of them maturing much beyond this point

pantaiema

JamesRobinson48 wrote: »

Two RSAs on our list from Nottingham BS, each paying 2.50%, have been pulled: the Seasonal Saver and the Special Saver Issue 8. At present the Nottingham BS has no adult RSA paying higher than 1.60%. On past form, I daresay they'll launch a competitive product in the next couple of months.

I have RS ISA with them and they invited me to open these two RS but I did not bother.

The main problem with Nottingham BS RSA products is that you will need to come to the branch to open it. When you want to close you will also need to come to the branch. They even do not allow to send cheque to your address. With its RSA ISA you just need to come the the brach to open it. You do not need to come to the branch to close it as you could do ISA transfer directly to another ISA provider.

Considering only a tiny difference (from the flexible savers you already have) it is only worthy if you have a branch near you.

blue_eyes

Just noticed the Saffron BS 170th Birthday Regular Saver (matures after 12 months) @2.5% was pulled for new customers at the end of November.

Southcoast01

Although Nottingham BS RSA have to be opened in branch, they can be closed by posting your pass book to their head office address and they will post out a cheque.

surreysaver

Southcoast01 wrote: »

Although Nottingham BS RSA have to be opened in branch, they can be closed by posting your pass book to their head office address and they will post out a cheque.

You can also visit them in branch before the RS matures, they will give you a receipt for your passport and post your cheque to you upon maturity of the account.

pantaiema

surreysaver wrote: »

You can also visit them in branch before the RS matures, they will give you a receipt for your passport and post your cheque to you upon maturity of the account.

Unless they allow people to give maturity instruction at the same time when the people open this saving account, it is not very useful for many people as they will still need to travel to their branch to close it. The point I raised previously was the requirement to make a second trip just to close the AC which was not usual.

It might be usefull for very limited number of people who visit the area a few times within the year, but this sort of people should not have the problem with this AC from the beginning, do not they ??

schiff

I just feel grateful that I live within a bus pass journey to my nearest branch. It takes an hour but it's a nice trip out and the Derbyshire countryside can be very attractive

One day they may decide to join the 21st century.

Rich2808

blue_eyes wrote: »

Just noticed the Saffron BS 170th Birthday Regular Saver (matures after 12 months) @2.5% was pulled for new customers at the end of November.

Even existing members like me who don't live in one of their heartland postcode areas (listed below) don't qualify either. I live in a London E postcode - which is now outside their 'heartland' even though they had a branch in Stratford E15 until a couple of years ago.

Just a shame as a long term customer I can't join in the 170th birthday celebrations!!

CB
CO
CM
SG
RM
IG
EN
AL
SS

surreysaver

schiff wrote: »

I just feel grateful that I live within a bus pass journey to my nearest branch. It takes an hour but it's a nice trip out and the Derbyshire countryside can be very attractive

One day they may decide to join the 21st century.

About an hour on a direct train for me, but I work for the railway so doesn't cost ne anything.
Went to Newport a couple of months ago to get Principality's Learner Earner and Monmouthshire's couple of regular savers they had going

Wheres_My_Cashback

JamesRobinson48 wrote: »

Stafford Railway BS has launched an RSA: 2.00% variable, max £500 per month, branch/postal, available to UK residents, no online functionality, RSA appears to have indefinite term.

https://srbs.co.uk/savings/regular-savings-issue-1/

They seem quite picky on ID. I might hold off, just for now.

Quick and efficient service received for a postal application.

Application posted Sat 21/12
Account opened Mon 23/12
ID returned Tue 24/12
Passbook received Sat 28/12

Pretty good considering the Xmas period. Well done SRBS.