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Regular Savings Accounts: The Best Currently Available List!

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Comments

  • pokemaster
    pokemaster Posts: 275 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Monmouthshire BS

    Still waiting for things in the post since trying to open account on 20th June......

    Don't feel I'm doing to well with these BS's recently

  • chris_the_bee
    chris_the_bee Posts: 454 Forumite
    Third Anniversary 100 Posts Name Dropper
    35har1old said:
    Gers said:
    Progressive - not a slick operation but 7% and really friendly staff.  Think that they are overwhelmed and their IT systems not able to cope.  Shades of Monmouthshire BS! 
    Yes, MonBS and a few more small BSs opening their offers to new customers outside their local area experienced similar issues.  One of these issues is they get flooded with cash very quickly and take the product off the shelf.  So whoever is interested in this account I would recommend to act quickly.
    MonBS don't allow applications from all areas even had issues as a existing customer
    It appears they have added additional online accounts one of which is a regular saver only paying 4%
    Monmouthshire Building Society
    They only exclude Northern Ireland and the RS pays 4.75%
  • Aidanmc
    Aidanmc Posts: 1,450 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    35har1old said:
    Gers said:
    Progressive - not a slick operation but 7% and really friendly staff.  Think that they are overwhelmed and theithr IT systems not able to cope.  Shades of Monmouthshire BS! 
    They have just reentered the online market after closing all there online accounts a few years back.
    I had no issue opening my account but my wife did.
    Her account number ended in a X and led to reference not recognised tried several banks with the same result the authentication app Salesforce failed to issue any acceptable codes had to use the Google authentication app.
    Opened a easy excess account then attempted payment from BOS it's approval process said I needed to change payee from the Progessive to the name on the account payment was successful then transferred the £300 then made a internal transfer to regular-saver 


    My Progressive account number ends with an X also.
    No prob though making a transfer from Halifax
  • orange-juice
    orange-juice Posts: 274 Forumite
    Ninth Anniversary 100 Posts Name Dropper
    edited 5 July 2024 at 10:01PM
    Progressive BS Online Saver (7.0%)

    Just opened and funded one of these accounts too. Looks like they don’t actually process these faster payment bank transfers until the next banking day, if it’s not received between 10am and 3pm. So might be one of those accounts that you probably don’t want to pay in until the first working day of the month (e.g like the other building societies such as Skipton and Saffron)?
  • allegro120
    allegro120 Posts: 2,100 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Progressive BS Online Saver (7.0%)

    Just opened and funded one of these accounts too. Looks like they don’t actually process these faster payment bank transfers until the next banking day, if it’s not received between 10am and 3pm. So might be one of those accounts that you probably don’t want to pay in until the first working day of the month (e.g like the other building societies such as Skipton and Saffron)?
    Processed mine on the same day today. 
  • BestSeagull
    BestSeagull Posts: 257 Forumite
    100 Posts Second Anniversary Photogenic Name Dropper
    Progressive BS

    i feel like they only seem to be progressive by name…

    I received the call from them when it didn’t like my ID, they told me my ID was fine and to try register again and to click “don’t have photo ID” so it will flag their end and they will accept it. I get all the way through the registration process and after picking marketing preferences it gives me another error.

    I don’t expect to hear anything from them now till Monday… feels like this has been the most error registration I have had 😅

    I've had a lot of difficulty too and after finally getting to the end of the registration part and submitting, I got that same error message on the marketing preferences page. 

  • Gers
    Gers Posts: 13,306 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Gers said:
    Progressive - I've struggled to add my nominated account so phoned their online support team. Seems that the don't have many of the UK (and in my case Scottish) banks set up on their system. The very helpful agent said she'd add in my sort code.  I think that they are very busy after this account was posted here!

    Progressive -
    I've logged in this morning, tried the nominated account process and it worked this time.  So they are working through the issues, well done to them!  For 7% a few glitches are bearable.
    Much more annoying for me was being unable to open Leeds BS accounts (when I did want to) despite being logged in. Eventually gave up.
  • Emily_Joy
    Emily_Joy Posts: 1,526 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    Progressive BS: submitted request for application pack via enquiry form on 10th of June and left for the continent, when I got back home on the 14th, the application pack with pre-paid enveloppe was waiting for me. I send the form the following Tuesday and left for the continent again. Came back on 28th and found the passbook. Opened and funded 7% RS without any issues via debit card. Even better than expected - this should help to spend £500 for Halifax bonus. 
  • pokemaster
    pokemaster Posts: 275 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Progressive BS

    is it just me or has the 7% regular saver disappeared from their website?
  • Progressive BS

    is it just me or has the 7% regular saver disappeared from their website?
    It's still there.  Don't look under 'regular savers', look under 'online savings'.
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