Regular Savings Accounts: The Best Currently Available List!

friolento

fabsaver said:

For a self proclaimed 'ethical' bank with a Which Eco Provider award the Co-operative seem to generate an awful lot of paper correspondence.

My new regular saver has so far produced 2 emails, which would have been sufficient alone, and three letters in the post:
TB04 dated 22 February
TB90 dated 24 February
RG04 dated 27 February

I hope that is the end of it. I wondered if perhaps I had missed a tick-box for paperless correspondence but it seems others on here are receiving similar.

My COOP RS was fully funded on Feb 27. I have received several emails about it but no letter.

simonsmithsays

fabsaver said:

For a self proclaimed 'ethical' bank with a Which Eco Provider award the Co-operative seem to generate an awful lot of paper correspondence.

My new regular saver has so far produced 2 emails, which would have been sufficient alone, and three letters in the post:
TB04 dated 22 February
TB90 dated 24 February
RG04 dated 27 February

I hope that is the end of it. I wondered if perhaps I had missed a tick-box for paperless correspondence but it seems others on here are receiving similar.

They were supposed to be ethical when Reverend Paul Flowers was in charge.

That ended well!

WillPS

Odd one - my wife opened and funded her Club Lloyds Monthly Saver on March 8th last year. She went on to her app today to do her 'monthly money move abouts', and discovered the account had already matured, interest had been paid and the account transitioned to a Standard Saver. It appears to have happened on March 1st, a full week earlier than we expected.

My monthly saver, opened on March 23rd last year, remains unmatured.

Is it normal for LBG to mature off regular savers at ~51 weeks?

ChewyyBacca

pecunianonolet said:

Cashminder with Coop opened yesterday, email received account is approved yesterday evening. Applied for the reg saver after lunch today, received an email 1h later that application is declined because I don't have an eligible account. 

Guess I'll have to wait until next week or risk it now to wait until early March so interest drops into 25/26. Let's hope the account is on the market for a bit longer and not just 5 days like the switch offer.

pecunianonolet
I plan to follow the same footsteps as you.
Could you finally open Co Op RS?
Did you appeal against their rejection, because T&Cs are contradictory to their email.

Cheers

JamesRobinson48

WillPS said:

Odd one - my wife opened and funded her Club Lloyds Monthly Saver on March 8th last year. She went on to her app today to do her 'monthly money move abouts', and discovered the account had already matured, interest had been paid and the account transitioned to a Standard Saver. It appears to have happened on March 1st, a full week earlier than we expected.

My monthly saver, opened on March 23rd last year, remains unmatured.

Is it normal for LBG to mature off regular savers at ~51 weeks?

I feel the most likely explanation is that actually your wife opened her Club Lloyds Monthly Saver on March 1st last year, but did not fund it until March 8th.  If that isn't what happened, then yes this is an odd one.

BestSeagull

My TSB regular saver has matured and I'm thinking about opening a new one. I seem to remember some of you saying you had managed to fund yours manually even though the terms and conditions dictate that it needs to be funded by standing order. I'd much prefer to do it manually if possible.
Can anyone confirm? 

Descrabled

TSB RS

I can confirm that, notwithstanding T&C, you can and I do fund this account manually from a TSB account, but you need to set up a new payee in the TSB current account. Additionally, you can fund the RS from an external current account by faster payments and/or standing order.

WillPS

JamesRobinson48 said:

WillPS said:

Odd one - my wife opened and funded her Club Lloyds Monthly Saver on March 8th last year. She went on to her app today to do her 'monthly money move abouts', and discovered the account had already matured, interest had been paid and the account transitioned to a Standard Saver. It appears to have happened on March 1st, a full week earlier than we expected.

My monthly saver, opened on March 23rd last year, remains unmatured.

Is it normal for LBG to mature off regular savers at ~51 weeks?

I feel the most likely explanation is that actually your wife opened her Club Lloyds Monthly Saver on March 1st last year, but did not fund it until March 8th.  If that isn't what happened, then yes this is an odd one.

Thank you! My immediate readction was 'no I'm pretty sure it was that date'. Then I remembered hers was actually set up as part of a branch appointment regarding a joint account. Dug out the appointment confirmation and it was March 2nd.

subjecttocontract

I would never criticise anyone for thinking that Lloyds might have made a mistake.😉😉

allegro120

BestSeagull said:

My TSB regular saver has matured and I'm thinking about opening a new one. I seem to remember some of you saying you had managed to fund yours manually even though the terms and conditions dictate that it needs to be funded by standing order. I'd much prefer to do it manually if possible.
Can anyone confirm? 

Yes, that's what I'm doing.