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Regular Savings Accounts: The Best Currently Available List!
Comments
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PRAISETHESUN said:where_are_we said:New Monmouth RS @6% - in their Savings Terms and conditions - "If we intend to lower the interest rate, we’ll let you know at least 30 days before the change happens, using letter, email, or text. If you’re not happy about the change, you
can close your account or move the money to another one. If you do this within the 30 days, you won’t have to pay any charges or lose any interest. We’ll assume you accept the change unless you tell us otherwise"I think it is worth the hassle if you have exhausted matching or higher paying interest accounts especially with the present climate of reducing rates.The above T&C`s mean you can withdraw your money if they reduce the rate by closing the account with no loss of interest. I am happy to get 6% on £500/month for knowing this. It`s a new account and I would be hopeful that they would not reduce the rate any time soon.It also keeps your Monmouthshire BS membership continuing in case they offer another member exclusive RS in the future.I consider myself to be a male feminist. Is that allowed?4 -
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?0 -
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?0 -
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?
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 it0 -
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?
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
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.2 -
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?0 -
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?
I think leaving it to morph and withdraw is the easiest way, other methods are more complicated.4 -
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?
apply.monbs.com/switch-savings3 -
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?
apply.monbs.com/switch-savings3 -
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?
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 systemIn 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.1
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