Regular Savings Accounts: The Best Currently Available List!

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??

schiff

adindas said:

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??

Wait till the proceeds have been moved to the EAS (inference is the day after) then FP it to your chosen account - all online.

castle96

"we will write to you again before...." " we will transfer to easy access a/c". Just go on line and transfer it out

typistretired

Whatever you do, do not withdraw any money until the maturity funds have moved to the easy access account otherwise you could suffer a loss of interest as stated in their maturity letter.

colsten

adindas said:

What is the easiest way to close your Coventry RS i1? 

As your letter says, Coventry will automatically move your savings to their Easy Access Saver and close your Regular Saver. 

Fingerbobs

where_are_we said:

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.

I'll give them a call on monday if I still haven't had a reply. Doesn't seem fair if they now deny me an account because they have lost my application. I have screen captures of the entire application process, including the confirmation screen, so they can't deny I applied.

typistretired

Rather than waste your money on a telephone call as you could be in a long queue - use the email facility on their contact page. They respond very quickly but check your junk mail because response seems to end up there.