Regular Savings Accounts: The Best Currently Available List!

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  • MRMX9
    MRMX9 Posts: 86 Forumite
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    Unsurprisingly both 18 month Sunshine Bonds for members and non members have been withdrawn by Chorley this afternoon. Not sure what the cut off will be for those who have already submitted applications?

    http://www.chorleybs.co.uk/regularsavers.html

    "A message from Steve Penlington, our Chief Executive;

    Due to the overwhelming success of our 18 month Sunshine Saver and Members 18 month Sunshine Saver we have now taken the decision to withdraw the products. Please look around our website to see the wide range of other products we currently have available and we hope to welcome you as a new member in the near future."
  • badger09
    badger09 Posts: 11,247 Forumite
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    badger09 wrote: »
    Hope they don't pull the 18 month Sunshine Saver as quickly :eek:
    MRMX9 wrote: »
    Unsurprisingly both 18 month Sunshine Bonds for members and non members have been withdrawn by Chorley this afternoon. Not sure what the cut off will be for those who have already submitted applications?

    http://www.chorleybs.co.uk/regularsavers.html

    "A message from Steve Penlington, our Chief Executive;

    Due to the overwhelming success of our 18 month Sunshine Saver and Members 18 month Sunshine Saver we have now taken the decision to withdraw the products. Please look around our website to see the wide range of other products we currently have available and we hope to welcome you as a new member in the near future."

    :eek:

    I'm fairly sure the 'non members' one was only launched 29th September. I posted my application and cheque 1st class on 30th.

    I will report back.
  • MRMX9
    MRMX9 Posts: 86 Forumite
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    badger09 wrote: »
    :eek:

    I'm fairly sure the 'non members' one was only launched 29th September. I posted my application and cheque 1st class on 30th.

    I will report back.

    You do wonder what they were thinking of launching such a high paying account with a large maximum monthly instalment open to all comers! It would have made more sense to restrict it to members/locals only?

    They only have a couple of small branches and a skeleton staff – you may have to wait some time to hear back!
  • badger09
    badger09 Posts: 11,247 Forumite
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    MRMX9 wrote: »
    You do wonder what they were thinking of launching such a high paying account with a large maximum monthly instalment open to all comers! It would have made more sense to restrict it to members/locals only?

    Yes indeed. I did wonder why it was open to everyone, and not restricted in some way as many are. Not surprised they were inundated.
    MRMX9 wrote: »
    They only have a couple of small branches and a skeleton staff – you may have to wait some time to hear back!

    I don't mind waiting. Unfortunately though I'll have to leave the initial deposit sitting in a no interest account until they decide. Serves me right for declining cheque books on all the other accounts :(
  • ctdctd
    ctdctd Posts: 1,080 Forumite
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    Chorley Sunshine Saver.

    Posted my application on the 30th.
    Call from them on the 1st to confirm account is open.
    Passbook and bumf arrived in the post on the 2nd :T

    10/10 for service
    Do Money Saving sites make you buy more bargains - and spend more money?
  • badger09
    badger09 Posts: 11,247 Forumite
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    ctdctd wrote: »
    Chorley Sunshine Saver.

    Posted my application on the 30th.
    Call from them on the 1st to confirm account is open.
    Passbook and bumf arrived in the post on the 2nd :T

    10/10 for service

    Are you an existing member?

    I posted mine on the same day - not heard anything yet :(
  • ctdctd
    ctdctd Posts: 1,080 Forumite
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    badger09 wrote: »
    Are you an existing member?

    I posted mine on the same day - not heard anything yet :(

    Nope - I may have got lucky with the pile of applications they no doubt received.
    Do Money Saving sites make you buy more bargains - and spend more money?
  • moi
    moi Posts: 977 Forumite
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    badger09 wrote: »
    :eek:

    I'm fairly sure the 'non members' one was only launched 29th September. I posted my application and cheque 1st class on 30th.

    I will report back.

    Same here.
    I'm not an existing member either.
  • Steve_xx
    Steve_xx Posts: 6,976 Forumite
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    The problem here is that the Chorley hadn't figured on this account being featured on this site.
  • MRMX9
    MRMX9 Posts: 86 Forumite
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    Steve_xx wrote: »
    The problem here is that the Chorley hadn't figured on this account being featured on this site.

    Its still advertised here as being available.

    http://www.moneysavingexpert.com/savings/best-regular-savings-accounts

    It is also a variable rate - not a fixed one - so Chorley could cut the rate anytime over the 18 months if they wished to. So that 5/4.5% headline rate may not last until March 2016.
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