Regular Savings Accounts: The Best Currently Available List!

glider3560

AirlieBird wrote: »

It's a change to their ID checking they made earlier this year. Whereas before you were required to send a cheque, they can now check that your opening deposit comes from a bank account in your name.

You won't be able to do online transfers as the account cannot be operated online.

Does that mean the opening deposit must come from the account I specified on the application? I nominated a current account, but sent the payment direct from a savings account.

pafpcg

JamesRobinson48 wrote: »

Principality BS has just issued a new RS paying fixed 4.00% p.a., one year term, max £250 per month.

Drat! It was really looking good until I tried to find out how to apply and discovered it seems to be available to open only in branches and agencies. I'll send them a secure message to find out if the account can be opened by post.

Update 9th Nov: Application form with £250 cheque posted on Wed 8th and the account appeared on my online account credited with £250 sometime in the afternoon of Thu 9th. But still no response to my secure message.
Update 13th Nov: Response today from Principality to my secure message: If unable to visit a branch, print the downloadable application form and post it.

Speculator

pafpcg wrote: »

Drat! It was really looking good until I tried to find out how to apply and discovered it seems to be available to open only in branches and agencies. I'll send them a secure message to find out if the account can be opened by post.

You can open it by post.

edit: It appears they have changed the wording. It definitely said it can be opened by post this morning. I even spoke to them and they confirmed it can be opened by post.

Just phoned them and he said you can definitely apply by post. Just print off the form online. He said they've removed "by post" from the details because "it gave the impression that they were sending out application packs."

Barney1954

Started an application, however the conditions are:
You do not already have a Regular eSaver
I could not proceed with my application, as I already have Issue 5.

Speculator

Wow, that was quick!

Sent off my application to Cardiff for the 4% member regular saver bond yesterday afternoon and just logged in to my account and it's already opened. (matures 9/11/18)

Didn't need ID because I've been a member for over 10yrs although my last transaction was 5 years ago.

[Deleted User]

Speculator wrote: »

Wow, that was quick!

Sent off my application to Cardiff for the 4% member regular saver bond yesterday afternoon and just checked my online banking and it's already opened.

Didn't need ID because I've been a member for over 10yrs although my last transaction was 5 years ago.

You are lucky! I have regularly transacted with Principality, on a monthly basis, but only since Sept 2016. So I'm locked out of this one, sadly.

mhoc

Deleted_User wrote: »

You are lucky! I have regularly transacted with Principality, on a monthly basis, but only since Sept 2016. So I'm locked out of this one, sadly.

I am half way through my 2nd regular saver bond so another 6 months to go before I can apply - probably a closed issue by then

Speculator

Deleted_User wrote: »

You are lucky! I have regularly transacted with Principality, on a monthly basis, but only since Sept 2016. So I'm locked out of this one, sadly.

I am lucky they didn't follow the Saffron BS policy where you need a £100 balance for a certain length of time to qualify for their special members accounts.

My balance was only £4.54

badger09

Speculator wrote: »

Wow, that was quick!

Sent off my application to Cardiff for the 4% member regular saver bond yesterday afternoon and just logged in to my account and it's already opened. (matures 9/11/18)

Didn't need ID because I've been a member for over 10yrs although my last transaction was 5 years ago.

That will teach me not to be so quick to 'tidy up' old accounts:o

pafpcg

mhoc wrote: »

I am half way through my 2nd regular saver bond so another 6 months to go before I can apply

It's not a problem!

The Member Only Regular Saver Bond is a separate product to the Regular Saver Bond and there's nothing in the T&C documents to exclude holders of other Principality regular saver accounts. I already have the Regular Saver Bond and my application for a Member Only Regular Saver Bond was accepted and opened today.