The Top Easy Access Savings Discussion Area

PixelPound

fabsaver said:

madlyn said:

I had issues with making deposits into my NBS account.
The initial deposit went fine, but once the account was properly active and I had received everything I needed through the post, my deposits kept being bounced back.
After several emails and even taking to someone over the phone, it still didn't work so I closed the account.

Did you use the account number rather than the application reference number after the first deposit?

It says in the initial email "Your unique reference number quoted above, which should only be used for initial payment to Newcastle Building Society"

I'm still waiting for my activation letter but did a transfer using my account number, and it bounced, so don't think you can until fully activated 

2010

Growingold said:

2010 said:

My authenticate notice is showing now when I login.
Just waiting for the code by post.

I would rather wait a few days for the extra security it provides and having an account linked to a nominated account is also good security.
Why would you want to draw it out as soon as you put it in anyway.

I don't but I wish to add more money after my first test deposit and before I did wanted to know how easy the withdrawal process would be and how it worked.

When everything`s up and running, if you make a withdrawal request by 4pm on a working day the money will be in your nominated by close of business next working day.

2010

nic_c said:

fabsaver said:

madlyn said:

I had issues with making deposits into my NBS account.
The initial deposit went fine, but once the account was properly active and I had received everything I needed through the post, my deposits kept being bounced back.
After several emails and even taking to someone over the phone, it still didn't work so I closed the account.

Did you use the account number rather than the application reference number after the first deposit?

It says in the initial email "Your unique reference number quoted above, which should only be used for initial payment to Newcastle Building Society"

I'm still waiting for my activation letter but did a transfer using my account number, and it bounced, so don't think you can until fully activated 

You should get an ID code by email today which will let you into your account and then you can see your full account number to make deposits.

pecunianonolet

muffinhead said:

Paragon Bank Triple Access Savings Account (Issue 13) now 4.25% AER:

https://www.paragonbank.co.uk/savings/triple-access-account

Here the PDF to the product terms. Rate effective 30th June 2023 
https://www.paragonbank.co.uk/resources/paragonbank/documents/savings/triple-access-savings-terms-and-conditions

@soulsaver

tsmiggy54

I opened the NBS account yesterday. I got two emails, the first a welcome, the second my ID. I then sent over a small amount from my bank. Today it as appeared in my NBS account, along with the verify message.

I now will wait for my code, and then verify my account. To be honest, it seems to have gone fine, in my case. 

Bigwheels1111

cjjhbn said:

Do tandem process transfers out on weekends or just Monday to Friday?

If you want near instand transfers go with chip.

housebuyer143

How long are transfers into Newcastle taking? Sent yesterday and it was in quick but now been waiting 3 hours and nothing...

Pompeydave1967

housebuyer143 said:

How long are transfers into Newcastle taking? Sent yesterday and it was in quick but now been waiting 3 hours and nothing...

Same here , first 2 no probs (within 15 mins) 3rd 2 hours so far and nothing showing. They could be unindated with deposits though.

infoadict

Two letters just received from Newcastle - both totally useless TBH. One is thank you for opening account with acc details and the other is time to fund it.  No mention of authentication code to enable withdrawals. It just says when you first log in to carefully check the details of your chosen nominated bank before you transfer funds, Which obviously isn't possible yet.

So don't get excited when you get yours

cwep2

throughtheblue said:

CovBs limited access (four) saver is going up to 4.30aer from July 7th. I'm not sure if it's been covered yet. I usually get an email but had a look on their website this morning to see.

There are two different four access savers
See this link (mid way down page 2):
https://www.coventrybuildingsociety.co.uk/content/dam/cbs/member/pdfs/savings/rate-change-notice-savings.pdf

The Four Access Saver (Online) is going from 4.00% AER to 4.50% AER.
The Four Access Saver is going from 3.60% AER to 4.30% AER.

Pretty sure this is now NLA but otherwise would be topping the tables after the rate rise on 7th July, although there's still a week for others to overtake.