Regular Savings Accounts: The Best Currently Available List!

nightowl888

I have received a letter for both now - the special occasion letter arrived yesterday

Section62

Has anyone's Co-op RS account appeared in their online banking "My accounts" list yet?

badger09

simonsmithsays said:

Bridlington1 said:

OneUser1 said:

What’s the general feeling regarding existing Nationwide Start to Save Issue 2 accounts now the prize draw is presumably finished. Are people closing theirs? Reducing the balance to the minimum but keeping it alive? Or did everyone other than me get in so early their two years are already up?

I'm keeping mine alive and fully funded for now since the interest rate is still high enough for me to warrant funding it. I will probably give the account the chop in April though.

This isn't specific to this account though, I'm finishing Uni this year so the era of me not having to worry about being taxed on savings interest looks as though it could come to an end soon (depending on how things pan out with getting a job after uni and how much I have left over from a likely property purchase this year) so this will likely inflict some serious damage to my regular saver collection as I will be wanting to ensure a decent chunk of my interest from regular savers is paid this tax year, particularly for the lower paying accounts and ones that are due to mature fairly early on in the next tax year anyway.

Please ensure you get a job that fits around how helpful you are on here.

It's appreciated 👍

Obviously good luck in the search - you're clearly very capable so won't struggle.

Heartily agree. 

@Bridlington1
Good luck with your next steps. 
May I suggest retail banking might not be an ideal first choice for job applications 😉

surreysaver

Section62 said:

Has anyone's Co-op RS account appeared in their online banking "My accounts" list yet?

Not yet...

subjecttocontract

Got a letter in the post today with my Co-op sort code & account number.

dcs34

subjecttocontract said:

Got a letter in the post today with my Co-op sort code & account number.

Had the same - at the top of the letter next to 'Account Number' there's 6 digits I assume is the sort code, then 8 digit account number, then 2 extra digits.

Although having tried a few banks, including Co-op, none will recognise the details - despite the letter saying that I can 'start saving' and 'easily transfer money'. The letter as written seems a bit confused about whether I've opened a Current Account rather than the Regular Saver. And some of the website addresses in it don't work!

Has anyone else managed to make the payment, or had similar issues?

fabsaver

The Co-operative seem very confused if they're opening my new regular saver or not 

The email I had from them on Thursday stated:
"Thank you for your recent application for a Regular Saver. We are delighted to tell you that your application has been approved.

In the next few days you'll receive the paperwork and information for your new account."

However the letter in the post today states:
".... we're completing some final checks before opening your account...
do decide to subsequently decline your application, we'll contact you to let you know.
You can now start saving...."

The letter does have a sort code and account number at the top but it seems very much a waste of paper otherwise 

subjecttocontract

I opened the Coop reg saver on Thursday and completed the Coop S/O at the same time. The first S/O payment is to be made on 25th (which will be 26th cos the 25th is a Sunday).  That's it. I don't need to do anything else. Just collect the proceeds in 12 months time. 

HHUK

Section62 said:

Has anyone's Co-op RS account appeared in their online banking "My accounts" list yet?

Mine doesn't. Received a 'We're looking forward to welcoming you to The Co-operative Bank' letter dated 22 Feb in today's post. Usual blurb about having everything they need for now, completing final checks etc.

It also states that I can now start saving, but am unsure how to do that given I have yet to receive the sort code and account number for the regular saver. I'm sure it will all sort itself out in the next few days.

EDIT - Have just seen @dcs34 's post above. I had missed the sort code and account number at the top right of my latter, but not tested to see whether or not it is active for me yet.

Bazzalona13295

fabsaver said:

The Co-operative seem very confused if they're opening my new regular saver or not 

The email I had from them on Thursday stated:
"Thank you for your recent application for a Regular Saver. We are delighted to tell you that your application has been approved.

In the next few days you'll receive the paperwork and information for your new account."

However the letter in the post today states:
".... we're completing some final checks before opening your account...
do decide to subsequently decline your application, we'll contact you to let you know.
You can now start saving...."

The letter does have a sort code and account number at the top but it seems very much a waste of paper otherwise 

Yep, me too, came this morning 🤷‍♂️