Regular Savings Accounts: The Best Currently Available List!

veryintrigued

karlie88 wrote: »

Was just doing my monthly browse of building societies' websites. Unfortunately, no branch gossip.

Who knows, perhaps it will be the rate for accounts opened from next week and existing holders get a letter in due course with a new effective rate?

As always, time will tell.

I think you've stumbled onto something here - i.e. reduced rate and lower balance allowed on that reduced rate.

Fingers crossed you're wrong but appreciate the heads-up ready to do some shuffling.

teddysmum

veryintrigued wrote: »

I think you've stumbled onto something here - i.e. reduced rate and lower balance allowed on that reduced rate.

Fingers crossed you're wrong but appreciate the heads-up ready to do some shuffling.

Don't some regular saver accounts drop you to a really poor rate if you close within 12 months ?

veryintrigued

teddysmum wrote: »

Don't some regular saver accounts drop you to a really poor rate if you close within 12 months ?

This specific account allows two withdrawals per year to still gain the bonus.

As the O.P suggests - lets wait and see on this specific account.

zolablue25

My wife has just tried to open an account with the Cambridge over the phone and they said that they can't do it over the phone as "it takes too long". Oh well, I guess they have enough customers now.

karlie88

zolablue25 wrote: »

My wife has just tried to open an account with the Cambridge over the phone and they said that they can't do it over the phone as "it takes too long". Oh well, I guess they have enough customers now.

Was she speaking to a chap with a Spanish/Portuguese accent?

zolablue25

She didn't say. All I know is that it was a bloke.

Stompa

zolablue25 wrote: »

My wife has just tried to open an account with the Cambridge over the phone and they said that they can't do it over the phone as "it takes too long".

I just tried to open one by phone too, and was told that they can't be opened over the phone, but they're sending me an application form by post. Having just checked though, it appears that they'll require me to send proof of ID - which I don't have. Does anybody know if they'll do an electronic ID check if you apply in branch?

Steve_xx

Stompa wrote: »

I just tried to open one by phone too, and was told that they can't be opened over the phone, but they're sending me an application form by post. Having just checked though, it appears that they'll require me to send proof of ID - which I don't have. Does anybody know if they'll do an electronic ID check if you apply in branch?

They don't much like opening over the phone, though they will if you press them. I think it takes some 20+ minutes and so they prefer you to apply by post. They will use electronics to ID you. And, it's a Freepost address for the application, so that's great.

zolablue25

Oh, yeah, forgot to mention the fact that they wanted 2 pieces of ID sent through with a postal application. Decided to skip it and open more Tesco's accounts instead.

Edit: In answer to a previous question - No, he didn't sound Portuguese, apparently he sounded very English.

mgarl10024

With regards to Cambridge, I was concerned about sending original documents etc. using the freepost (i.e. not special delivery) with a postal app. In the end I sent my app without the ID with the thinking that they can either electronically verify me, or I'll probably consider it too much hassle and cancel the application.
Fortunately I was electronically verified without a hitch.