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Regular Savings Accounts: The Best Currently Available List!

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  • allegro120
    allegro120 Posts: 1,871 Forumite
    1,000 Posts Second Anniversary Name Dropper
    CuparLad said:
    I thought after the initial flurry, I'd give the Progressive a go. The registration for online worked OK (although the SMS is painfully slow at arriving), but the ID validation didn't work (a technical problem apparently).
    Yes, consistently slow, takes almost a minute to receive SMS.
  • SavingsBoo
    SavingsBoo Posts: 52 Forumite
    Second Anniversary 10 Posts Name Dropper
    Gers said:
    Progressive BS Regular Rainy Day Saver

    I've got a little flurry of regular savers maturing this month so I've set up new ones with Principality and Progressive today (happy time updating my savings spreadsheet :D ).  

    I've had similar problems to other people with Progressive:

    Nominated bank account - got an error when I tried to add Chase initially but have successfully updated to First Direct, thank you for the advice on that one!

    Reference number for deposits - I did the first payment by debit card but when I've set up the standing order from Chase for the rest of the deposits I also got a warning about the reference number.  The first SO won't go out until beginning of next month so was just wondering has anyone pushed past the reference number warning and seen a payment go through successfully?  I've tried to read back a few pages through the comments but can't see anything apart from people having a similar issue, apologies if I have missed something.
    I did a part payment by debit card and then filled it up by FP. Pushed through the payment, it worked, then set up the SO from the second part payment.  Seems to have worked!
    Thanks @gers and @allegro120, mind set at rest!
  • FishInGlass
    FishInGlass Posts: 143 Forumite
    Fifth Anniversary 100 Posts Photogenic Name Dropper
    edited 8 July 2024 at 5:26PM
    Re Progressive
    A very nice lady (maybe the same one) got back to me today and stayed on the phone whilst I got through registration and I was then able to login. I have transferred this months money into my new account using my Halifax debit card but when I try to use the same account to set up the monthly standing order I get the client details not validated message.
    Do we know what bank accounts apart from First Direct work as I am trying to avoid a double transfer to pay in from next month.
  • Hal17
    Hal17 Posts: 346 Forumite
    Part of the Furniture 100 Posts Photogenic
    Thanks to everyone for the feedback on the nominated account issue with Progressive BS. As suggested I tried a different current account from Lloyds and found that my Santander account worked straight away. Thanks again.
  • SavingsBoo
    SavingsBoo Posts: 52 Forumite
    Second Anniversary 10 Posts Name Dropper
    Re Progressive
    A very nice lady (maybe the same one) got back to me today and stayed on the phone whilst I got through registration and I was then able to login. I have transferred this months money into my new account using my Halifax debit card but when I try to use the same account to set up the monthly standing order I get the client details not validated message.
    Do we know what bank accounts apart from First Direct work as I am trying to avoid a double transfer to pay in from next month.
    Would your Halifax account let you move past the message or does it stop you setting up the standing order altogether?

    I set mine up from Chase and the name, sort code and account number matched but it came up with a message saying the reference number didn't match but allowed me to set up the standing order anyway.

    The issue with the nominated bank details is a different one (the nominated account is not to do with the payments into the account but where you can pay out any withdrawals).  

    Hope I have understood you correctly!  Someone has said just now that Santander worked for the nominated account.
  • schiff
    schiff Posts: 20,259 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Has anyone enabled logging in with the method so many other societies use - a code texted to your phone and avoiding this authenticator stuff?
  • allegro120
    allegro120 Posts: 1,871 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Re Progressive
    A very nice lady (maybe the same one) got back to me today and stayed on the phone whilst I got through registration and I was then able to login. I have transferred this months money into my new account using my Halifax debit card but when I try to use the same account to set up the monthly standing order I get the client details not validated message.
    Do we know what bank accounts apart from First Direct work as I am trying to avoid a double transfer to pay in from next month.
    Did you put Progressive Building Society as payee and selected it as business?
  • allegro120
    allegro120 Posts: 1,871 Forumite
    1,000 Posts Second Anniversary Name Dropper
    schiff said:
    Has anyone enabled logging in with the method so many other societies use - a code texted to your phone and avoiding this authenticator stuff?
    Yes I have.  You don't have to opt for authenticator.
  • FishInGlass
    FishInGlass Posts: 143 Forumite
    Fifth Anniversary 100 Posts Photogenic Name Dropper
    Re Progressive
    A very nice lady (maybe the same one) got back to me today and stayed on the phone whilst I got through registration and I was then able to login. I have transferred this months money into my new account using my Halifax debit card but when I try to use the same account to set up the monthly standing order I get the client details not validated message.
    Do we know what bank accounts apart from First Direct work as I am trying to avoid a double transfer to pay in from next month.
    Did you put Progressive Building Society as payee and selected it as business?
    I did when I finally found the sort code and account number and then used my account number as a reference. Halifax complained that the 11 digit reference number did not match but I can't see that being an issue as that is what Progressive asked me to provide.
    Following on from other posters I have set up my Santander account as my nominated account for withdrawal. Maybe in 11 or 12 months time i'll be able to change this if necessary, but i'm not planning on taking the money out in a hurry.
    Thanks everyone for their help - just a senior moment thinking I needed the nominated account for my monthly standing order.

  • figgyc
    figgyc Posts: 37 Forumite
    10 Posts First Anniversary
    schiff said:
    Has anyone enabled logging in with the method so many other societies use - a code texted to your phone and avoiding this authenticator stuff?
    Not what you asked I know but if you click the right buttons in Progressive's app code setup, you can make it show a QR or written code that works with any industry standard two factor app (Google Authenticator, Authy, I think Apple Keychain now, most password managers), no need to download the Salesforce Authenticator app cause we all have enough apps as it is.

    As a computer security nerd I actually quite like that, it's the only bank/BS I know that does it, not the biggest fan of SMS because of the SIM swapping potential.
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