Regular Savings Accounts: The Best Currently Available List!

adindas

B_G_B wrote: »

Just called the Santander account opening number on the web site. Call answered by a lady in Leicester. She said that I could not open an issue 2 Regular e-saver as I already have an issue 1 running. Never mind. Worth a try.

Anyone has luck with account opening team in the evening ????

[Deleted User]

adindas wrote: »

Anyone has luck with account opening team in the evening ????

Why should it be different in the evening? Surely the rules are written down somewhere and are applied irrespective of the time of day or night?

adindas

Deleted_User wrote: »

Why should it be different in the evening? Surely the rules are written down somewhere and are applied irrespective of the time of day or night?

Because you are dealing with human and not robot. But I fully understand where you are coming from.

I do not know whether you are aware or not. When apply to a bank account it is also to some extents will depend on the person who assesses your application. Also the T&C sometimes is open to interpretation especially if it is not black and white, it has not been clearly spelled out that you can not have two RSAs including two RSAs of different issues.

Even the T&C is clear there is still possibility the people who make decision have discretion. How many times you see on RSA it is clearly mentioned you can not apply the account by post, people apply by post yet it is still accepted. Shall you stand firm with what you believe as above you will be missing this opportunity.

TraySelect

I tried twice yesterday - before 9am, and after 5pm - to open a Sant Reg Saver Issue 2.
I was refused both times.
I cited the Key Facts for the Reg Saver Issue 2 - these say 'Maximum one account per customer in sole name only',
I put it to Santander that this wording was sloppy and ambiguous: it says 'account', implying an Issue 2, not 'Regular Saver account of any issue'.
Santander disagreed, and refused to open the account.
I doubt the timing of my long, protracted, tedious phone calls with Santander had any bearing on their response.

castle96

Refused in branch and on phone.
"Only 1 x RSA per customer"

ajdj

Although advertised as a variable rate, Nationwide have confirmed that their Flexclusive Regular Saver will remain at 5%.

badger09

ajdj wrote: »

Although advertised as a variable rate, Nationwide have confirmed that their Flexclusive Regular Saver will remain at 5%.

Where have you seen this?

ajdj

badger09 wrote: »

Where have you seen this?

Published on their website.

The majority of our variable rate savings accounts, including variable rate cash ISAs, will be affected by the Bank of England base rate reduction.

Exclusions to this are: Flexclusive Regular Saver, Regular Saver, FlexOne Regular Saver, Help to Buy: ISA, Save to Buy, Save to Buy ISA, Champion Saver & Champion ISA* accounts.

* The interest rate for Champion ISA and Champion Saver will continue to be based on the five highest branch-based rates from eight high-street providers as per the account Terms and Conditions.
This means that each month, we take the average of the five highest branch based rates. You'll receive at least this rate with your Champion ISA or Champion Saver account from the 1st of the following month.

badger09

Thanks ajdj

I didn't think to check the website:doh:

adindas

For the flex direct account few people have confirmed that the system could pick up if you have two of these accountants and therefore you will only one ac with 5% interest.

Has anyone tried to test the system for RSA whether the system could detect if you open two or more RSAs with Nationwide???
Is there anyway where to ask the monthly interest payment instead of annual, so you could detect it earlier and if the interest is not paid you could close it after one month ??

ajdj wrote: »

Published on their website.

The majority of our variable rate savings accounts, including variable rate cash ISAs, will be affected by the Bank of England base rate reduction.

Exclusions to this are: Flexclusive Regular Saver, Regular Saver, FlexOne Regular Saver, Help to Buy: ISA, Save to Buy, Save to Buy ISA, Champion Saver & Champion ISA* accounts.

* The interest rate for Champion ISA and Champion Saver will continue to be based on the five highest branch-based rates from eight high-street providers as per the account Terms and Conditions.
This means that each month, we take the average of the five highest branch based rates. You'll receive at least this rate with your Champion ISA or Champion Saver account from the 1st of the following month.