Regular Savings Accounts: The Best Currently Available List!

csw5780

francoghezzi said:

Speculator said:

Received in the post today. I thought the rate was variable?

I thought the rate was variable either. Nonetheless such a good news. I managed to open mine on February 29 just in time to make a second deposit on the 1st of March. If the rate will stay for sure at 7% is such a good news.

The T&C say otherwise:

francoghezzi

simonsmithsays said:

francoghezzi said:

Speculator said:

Received in the post today. I thought the rate was variable?

I thought the rate was variable either. Nonetheless such a good news. I managed to open mine on February 29 just in time to make a second deposit on the 1st of March. If the rate will stay for sure at 7% is such a good news.

Coop RS

They don't appear to have improved much since I vowed to never use them again

Interest rate variable or fixed apart, my experience has been amazing. Sent a request to open a new account on the 26th, new account open the day after, sent request for Rs and account open and founded on the 29th. I can say only good things about Co-op, but I reckon we all have different stories. I see a lot of people raving for business like Atom and Smart Save on here that I personally wouldn't touch, again different stories for different people

nightowl888

Regarding SRBS - I take it faster payments need altering when sending a payment now ??

Hattie627

Speculator said:

Received in the post today. I thought the rate was variable?

That letter is referenced TB90. After you make the first payment in, you will receive a second letter referenced RG04. This one states:-

"Thanks for choosing to save with us and for making your initial deposit to your new Co-operative Bank Regular Saver paying a rate of 7.00% gross/AER".

No specification whether the rate is fixed (or not). 

The letter goes on to say that the RS is for a fixed TERM of 12 months and gives your individual maturity date (12 months from first deposit date).

Best to keep all letters as you may have a cause for complaint if the rate is reduced.

Kim_13

nightowl888 said:

Regarding SRBS - I take it faster payments need altering when sending a payment now ??

Nothing on the email to say so. Presumably their bank would change the name on the account upon production of the appropriate documents, so they wouldn't need to change their sort code and account number.

Once they change the account name though, COP checks would return a partial match I guess. 

ForumUser7

Kim_13 said:

nightowl888 said:

Regarding SRBS - I take it faster payments need altering when sending a payment now ??

Nothing on the email to say so. Presumably their bank would change the name on the account upon production of the appropriate documents, so they wouldn't need to change their sort code and account number.

Once they change the account name though, COP checks would return a partial match I guess. 

nightowl888 said:

Regarding SRBS - I take it faster payments need altering when sending a payment now ??

As above, SRBS/SBS/Whatever would need to tell customers if we needed to change payment details. I still haven't received the email (anyone else in the same boat?) but personally will not make any changes to anything unless they write to me and tell me to.

Hattie627

ForumUser7 said:

Kim_13 said:

nightowl888 said:

Regarding SRBS - I take it faster payments need altering when sending a payment now ??

Nothing on the email to say so. Presumably their bank would change the name on the account upon production of the appropriate documents, so they wouldn't need to change their sort code and account number.

Once they change the account name though, COP checks would return a partial match I guess. 

nightowl888 said:

Regarding SRBS - I take it faster payments need altering when sending a payment now ??

As above, SRBS/SBS/Whatever would need to tell customers if we needed to change payment details. I still haven't received the email (anyone else in the same boat?) but personally will not make any changes to anything unless they write to me and tell me to.

I have a quite long-standing open-ended Regular Saver with SRBS and haven't received an email (so far) advising of the change of name.

Kim_13

SRBS/SBS: Looking at the sending email address, it came from marketing@srbs so may explain some not receiving it - opted out?

Text of email for those interested: 

"We have rebranded as The Stafford Building Society

We hope this message finds you well. We are thrilled to announce that we are rebranding as The Stafford Building Society, with a new colour scheme, effective March 1, 2024. "We are excited to embark on this new chapter as The Stafford Building Society," said Steve Jones, CEO of the Society. "While our name may have evolved, our mission and commitment to our members remain constant. We’ve been around for nearly 150 years, and with this rebrand, we look forward to serving our members' needs for another 150 years."

New website 

Our team at The Stafford Building Society have also been diligently working to provide you with an improved and user-friendly website in line with the new brand. Some improvements include:

1. Simplified Navigation:

Explore our website with ease. We've revamped the navigation to make finding information and managing your accounts straightforward and intuitive.

2. Modern Design:

Enjoy a fresh and modern design that enhances your overall online experience. Our new look reflects our commitment to innovation and member satisfaction.

3. Member-Focused Features:

Discover new tools and features designed with our members in mind. From FAQ’s, through to comparison tools, we've tailored the website to better serve your needs.

When does this all happen?

As mentioned the rebranding and website will officially launch on March 1, 2024. With our commitment to being more sustainable, we will be working on a staggered approach to our branded material. Existing stocks of passbooks, leaflets and other documents will be used up before new material is brought in to replace them.

We Want Your Feedback

Your opinion matters to us. If you have any feedback, encounter any issues, or simply want to share your thoughts on the new brand or website, please don't hesitate to reach out by emailing us at marketing@srbs.co.uk. Your input helps us continually improve and better serve you.

Thank you for being a valued member of The Stafford Building Society. We are excited about the improvements we've made and look forward to providing you with the same high level of service you have come to expect."

Wheres_My_Cashback

nightowl888 said:

Regarding SRBS - I take it faster payments need altering when sending a payment now ??

Why? The payee name is irrelevant even with COP as you can simply ignore any warnings, the important factors are the a/c, sort and ref.

RosieRooBear

Hi all, I made my £250 monthly payment into the Skipton 7% regular saver yesterday (1st March) but it’s not yet showing in my Skipton account, I thought it would have shown up by today. Can anyone else who has the Skipton account and made a manual transfer yesterday see the payment in their account? Thank you 😊