Regular Savings Accounts: The Best Currently Available List!

jameseonline

I'm struggling to work out what to put for the address details for Virgin Money because I want interest to go to my Virgin Money account.

Don't think Cardiff has a branch anymore.

Do I put that address down as that's where I opened it or does Monmouthshire want a Virgin Money HQ address?

flaneurs_lobster

jameseonline said:

I'm struggling to work out what to put for the address details for Virgin Money because I want interest to go to my Virgin Money account.

Don't think Cardiff has a branch anymore.

Do I put that address down as that's where I opened it or does Monmouthshire want a Virgin Money HQ address?

Put whatever it says the address is from your last bank statement (in case you need to send them a copy to verify it).

jameseonline

flaneurs_lobster said:

jameseonline said:

I'm struggling to work out what to put for the address details for Virgin Money because I want interest to go to my Virgin Money account.

Don't think Cardiff has a branch anymore.

Do I put that address down as that's where I opened it or does Monmouthshire want a Virgin Money HQ address?

Put whatever it says the address is from your last bank statement (in case you need to send them a copy to verify it).

So 

The team at Virgin Money
Sunderland 
SR43 4JB

Then, thanks

I just did sort code checker with my account details too seems to be same address.

Just submitted an application for their Instant Saver hopefully I'll get it

allegro120

jameseonline said:

allegro120 said:

jameseonline said:

I'm thinking it might be worth exploring opening an easy access account with Monmouthshire now.

Had a regular saver with them ages ago, did nothing with it after funding it once because I didn't realise how old fashioned they were, like they sent passbook, had no idea what they were, for a while they kept being like we can send you a cheque etc, eventually more recently they were like they can send money back to the account I paid them from.

So my question would be are they still going to give me a passbook?, can I easily get at MY money ?, they still old fashioned etc?

They send passbook by post, but you don't have to send it back to get your money. On maturity, I let the accounts morph into easy access and request transfer from there to my bank account.

Do Monmouthshire require me to do paperwork so like signatures, do I need to get codes or whatever to my phone/through post?, send ID etc?.

Is the website easy to request my money out, like they do fast payments?, will I be wanting several days for money?.

Sorry if this seems a bit much but I want to be sure before starting things up again with them, even if this time I'm only going to initially set up an easy access with them to build up loyalty/get in the system 

I applied as a new customer in December 2022.  I had to send them the application form by post.  No sending IDs was required, just signed application form.  I've sent it to a small branch rather than head office, so it was dealt with very quickly.  Since then I always apply online. I can't recall any complications.  I don't know what the procedure for new customers (none-members) is now.
Requesting money is easy, the do FP but they don't deliver at weekends. One of my RS matured on Saturday and I didn't get the money until Monday.

Snapdragon

Monmouthshire BS

Anyone else got their 7% saver maturing shortly and not had any maturity info yet? 
My 8% matures next Friday (30th) and I finally got the maturity letter this week, and the 7% matures 04/09 so surprised I've not heard anything from them about maturity options yet. I was hoping I could maybe give maturity instructions if I signed in, but there isn't anything about maturity options online. Am guessing I will just have to let them mature into Easy Access and move the money myself afterwards. On that thought, will they open new EA accounts or use the one I already have?

allegro120

Snapdragon said:

Monmouthshire BS

Anyone else got their 7% saver maturing shortly and not had any maturity info yet? 
My 8% matures next Friday (30th) and I finally got the maturity letter this week, and the 7% matures 04/09 so surprised I've not heard anything from them about maturity options yet. I was hoping I could maybe give maturity instructions if I signed in, but there isn't anything about maturity options online. Am guessing I will just have to let them mature into Easy Access and move the money myself afterwards. On that thought, will they open new EA accounts or use the one I already have?

They will morph your RS into EA, so no different account numbers.
I think leaving it to morph and withdraw is the easiest way, other methods are more complicated.

10_66

Snapdragon said:

Monmouthshire BS

Anyone else got their 7% saver maturing shortly and not had any maturity info yet? 
My 8% matures next Friday (30th) and I finally got the maturity letter this week, and the 7% matures 04/09 so surprised I've not heard anything from them about maturity options yet. I was hoping I could maybe give maturity instructions if I signed in, but there isn't anything about maturity options online. Am guessing I will just have to let them mature into Easy Access and move the money myself afterwards. On that thought, will they open new EA accounts or use the one I already have?

If you wish to re-invest with them, you can give instructions via;
apply.monbs.com/switch-savings

chris_the_bee

10_66 said:

Snapdragon said:

Monmouthshire BS

Anyone else got their 7% saver maturing shortly and not had any maturity info yet? 
My 8% matures next Friday (30th) and I finally got the maturity letter this week, and the 7% matures 04/09 so surprised I've not heard anything from them about maturity options yet. I was hoping I could maybe give maturity instructions if I signed in, but there isn't anything about maturity options online. Am guessing I will just have to let them mature into Easy Access and move the money myself afterwards. On that thought, will they open new EA accounts or use the one I already have?

If you wish to re-invest with them, you can give instructions via;
apply.monbs.com/switch-savings

For that you need the Security Code from the maturity letter

WillPS

jameseonline said:

allegro120 said:

jameseonline said:

I'm thinking it might be worth exploring opening an easy access account with Monmouthshire now.

Had a regular saver with them ages ago, did nothing with it after funding it once because I didn't realise how old fashioned they were, like they sent passbook, had no idea what they were, for a while they kept being like we can send you a cheque etc, eventually more recently they were like they can send money back to the account I paid them from.

So my question would be are they still going to give me a passbook?, can I easily get at MY money ?, they still old fashioned etc?

They send passbook by post, but you don't have to send it back to get your money. On maturity, I let the accounts morph into easy access and request transfer from there to my bank account.

Do Monmouthshire require me to do paperwork so like signatures, do I need to get codes or whatever to my phone/through post?, send ID etc?.

Is the website easy to request my money out, like they do fast payments?, will I be wanting several days for money?.

Sorry if this seems a bit much but I want to be sure before starting things up again with them, even if this time I'm only going to initially set up an easy access with them to build up loyalty/get in the system 

In common with all building societies I know of (other than Nationwide) you won't have immediate access to your money unless you go to an agency or branch; in the case of the former there are limits on the amount of cash but they'll normally sort out a cheque for you. You can request a withdrawal online but there will be a wait.

They will likely send paperwork for you to sign and return in the post, depending on whether or not they can revive the profile you had from last time.

In order to get web access you need to wait for your passbook to be sent out, which will have your account number - then sign up. Then wait for them to send you an activation code by post. An app is promised and slated for the end of the year, but I imagine it'll be the same procedure then.

Incidentally my wife and I 'nipped' to our nearest agency recently (Hereford, 2.5 hrs drive from Nottm - we didn't go specifically for the building society!) and received very good service; passbooks all dutifullly made up and my wife got her name changed - another one off the list!

I'm very happy with the service we've received from Monmouthshire but it's certainly not a good fit if immediacy and modernity are priorities for you.

jameseonline

WillPS said:

jameseonline said:

allegro120 said:

jameseonline said:

I'm thinking it might be worth exploring opening an easy access account with Monmouthshire now.

Had a regular saver with them ages ago, did nothing with it after funding it once because I didn't realise how old fashioned they were, like they sent passbook, had no idea what they were, for a while they kept being like we can send you a cheque etc, eventually more recently they were like they can send money back to the account I paid them from.

So my question would be are they still going to give me a passbook?, can I easily get at MY money ?, they still old fashioned etc?

They send passbook by post, but you don't have to send it back to get your money. On maturity, I let the accounts morph into easy access and request transfer from there to my bank account.

Do Monmouthshire require me to do paperwork so like signatures, do I need to get codes or whatever to my phone/through post?, send ID etc?.

Is the website easy to request my money out, like they do fast payments?, will I be wanting several days for money?.

Sorry if this seems a bit much but I want to be sure before starting things up again with them, even if this time I'm only going to initially set up an easy access with them to build up loyalty/get in the system 

In common with all building societies I know of (other than Nationwide) you won't have immediate access to your money unless you go to an agency or branch; in the case of the former there are limits on the amount of cash but they'll normally sort out a cheque for you. You can request a withdrawal online but there will be a wait.

They will likely send paperwork for you to sign and return in the post, depending on whether or not they can revive the profile you had from last time.

In order to get web access you need to wait for your passbook to be sent out, which will have your account number - then sign up. Then wait for them to send you an activation code by post. An app is promised and slated for the end of the year, but I imagine it'll be the same procedure then.

Incidentally my wife and I 'nipped' to our nearest agency recently (Hereford, 2.5 hrs drive from Nottm - we didn't go specifically for the building society!) and received very good service; passbooks all dutifullly made up and my wife got her name changed - another one off the list!

I'm very happy with the service we've received from Monmouthshire but it's certainly not a good fit if immediacy and modernity are priorities for you.

They appear to be getting more modern so cheques shouldn't need to be anything again for me because they've proved they can credit my Virgin Money account.

Surely they can email me my details? text my phone?

I'm not interested in going to a branch/agency?(Even though I probably could living in Wales), I'm only interested in website/app access.

I applied earlier so hopefully not going to be a total b ache.