Regular Savings Accounts: The Best Currently Available List!

JamesRobinson48

where_are_we said:

It is a bit disconcerting that the Saver Plus Issue 3 opened in April shows an interest rate of .2% and no mention of the fixed bonus of 1% until 31/3/21. It would be nice to know for certain that the interest rate is 1.2% so long as T&Cs are met!

Agreed. Fortunately, Monmouthshire BS has now updated the table of 'Previous Interest Rates' on its website to indicate that the effective interest rates (including annual bonus) on both the legacy Saver Plus 3 and Christmas Saver 2 accounts currently remain at 1.20% providing T&Cs are met.

surreysaver

colsten said:

I've won my cat-and-mouse game with Monmouthshire! After they had twice returned my opening bank transfer, and deleted the addition of the account to online banking, it was finally third time lucky. The account is now finally showing as funded, as of August 28.

I have also won my cat and mouse game with Monmouthshire today as well 

mhoc

Regarding MBS - Opened on August 22nd and it took 10 days it took for paperwork to arrive, now signed and returned with a cheque. I also sent a letter asking for the maturity date to be confirmed by mail or messaging. I have now twice added the new account number. I also put a message on twitter about the length of time but I have had no response. In the meantime Cambridge sent me a thank you letter for opening an account. 

SFindlay

mhoc said:

Regarding MBS - Opened on August 22nd and it took 10 days it took for paperwork to arrive, now signed and returned with a cheque. I also sent a letter asking for the maturity date to be confirmed by mail or messaging. I have now twice added the new account number. I also put a message on twitter about the length of time but I have had no response. In the meantime Cambridge sent me a thank you letter for opening an account. 

Probably put you back to the bottom of the pile for processing!!! Lol 
I really don't understand the problem, it will take as long as it takes and if you don't like it then don't fund it and good luck searching for another provider paying 1.5%!!!!  Its really not difficult to understand, they've put out a market leading product and have had a huge response that will take a while to process so just deal with it!! 

Fingerbobs

mhoc said:

Regarding MBS - Opened on August 22nd and it took 10 days it took for paperwork to arrive, now signed and returned with a cheque. I also sent a letter asking for the maturity date to be confirmed by mail or messaging. I have now twice added the new account number. I also put a message on twitter about the length of time but I have had no response. In the meantime Cambridge sent me a thank you letter for opening an account. 

I'm on Day 12 since application, and still no paperwork received.

I sent them a secure message yesterday asking for confirmation they had received my online application, but no reply as yet.

Edit: Just logged in to find a message saying they have no record of my application! I referred to my screen captures and gave them the exact date and time the application was submitted, now waiting to see what happens.

where_are_we

Fingerbobs said:

mhoc said:

Regarding MBS - Opened on August 22nd and it took 10 days it took for paperwork to arrive, now signed and returned with a cheque. I also sent a letter asking for the maturity date to be confirmed by mail or messaging. I have now twice added the new account number. I also put a message on twitter about the length of time but I have had no response. In the meantime Cambridge sent me a thank you letter for opening an account. 

I'm on Day 12 since application, and still no paperwork received.

I sent them a secure message yesterday asking for confirmation they had received my online application, but no reply as yet.

Edit: Just logged in to find a message saying they have no record of my application! I referred to my screen captures and gave them the exact date and time the application was submitted, now waiting to see what happens.

Good luck with that - We applied on 23/8, received signature forms one on 27/8 and one on 29/8, signature plus opening cheque for £250 each posted back on day received and both cheques deposited on 3/9 and accounts showing up online.

Congatulations to those who got deposits in before the end of the month.

Special_Saver2

Hi Everybody,

Here is this weekend's update to this thread.

- Monmouthshire BS Regular Saver Bond (Issue 4) can currently only be opened in branch

I will do the next update next weekend.

SS2

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For those new to this thread, the first few posts are constantly updated and are on the first page
https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

liamcov

SFindlay said:

mhoc said:

Regarding MBS - Opened on August 22nd and it took 10 days it took for paperwork to arrive, now signed and returned with a cheque. I also sent a letter asking for the maturity date to be confirmed by mail or messaging. I have now twice added the new account number. I also put a message on twitter about the length of time but I have had no response. In the meantime Cambridge sent me a thank you letter for opening an account. 

Probably put you back to the bottom of the pile for processing!!! Lol 
I really don't understand the problem, it will take as long as it takes and if you don't like it then don't fund it and good luck searching for another provider paying 1.5%!!!!  Its really not difficult to understand, they've put out a market leading product and have had a huge response that will take a while to process so just deal with it!! 

Well said. People must surely understand a major downside to a site like this is when such a product launches there are potentially thousands if not millions with the weekly email that may see and apply for it, not just the select few who post in this forum. And anyone who keeps contacting them and sending messages left right and centre are actually slowing down the whole process further. We should feel lucky that a building society allows us (ie. the majority living outside of Monmouthshire) to access their products at all. I just hope that this won't prompt them to release branch only products going forwards.

castle96

they have

 Monmouthshire BS Regular Saver Bond (Issue 4) can currently only be opened in branch

got mine sorted/funded now

adindas

I just received maturity notification of my Coventry RS i1. But I did not see any maturity form is attached. So how to close that account is it just by writing cancelation request letter?

What is the easiest way to close your Coventry RS i1? Is it possible to do it online and ask them to transfer it to your current account??