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Regular Savings Accounts: The Best Currently Available List!

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  • mattojgb said:
    badger09 said:
    badger09 said:
    schiff said:
    badger09 said:
    MONBS RS
    I applied for this 22/8 & received signature letter today.  I’ve added account to ‘My Accounts’ & sent initial £500 by FP this morning. I’ll post signature form tomorrow & set up SO from 1 Sept as soon as £500 appears. 
    Signature letter dated 21/8 (day of application) received today and sent back today. Added the account successfully to the home page and sent £100 by FP today, intending to add £400 once it shows. Optimistic that it will be done and dusted in August for adding to it next month. 
    My Exclusive 1 matures on Friday but I wasn't prepared to risk waiting.
    My £500 sent yesterday morning is not yet showing in MONBS RS account. Account just shows ‘Pending’, but no balance. I had expected it to be credited today. 
    I’m bored this afternoon & keen to get MONBS up & running & 1 Sept SO set up before I go away for 3 weeks this weekend. ‘Pending’ has now disappeared so assume they’re busy crediting yesterday’s FPs. Got a mental picture of ladies in full Welsh National costume, entering figures in a huge ledger in beautiful copperplate script. 
    Honestly, I’m not normally this obsessive & I do really like MONBS & Principality, even if they are a tad old fashioned.  
    Those hard working ladies are probably now tucking into a nice slice of Bara Brith and a cup of tea.
    The hard working gentleman was not doing that when I went in branch at 4.40 today. I phoned them earlier to find my online application from last Wednesday had gone walkabout. Went in and 10 minuters later had a new shiny passbook with £500 deposited. Normally it would take longer but as one lady said if I have already applied online I would have already seen the T&Cs.

    Am I to understand that they had lost and/or had no record of your account opening? I applied last Wednesday and haven't heard anything from them. I may just go into a branch tomorrow.
    Applied online 21st and nothing so rang just now 29th only to be told application can't be found sorry you need to re apply. I know I'm not the first to get this response. 
    Maybe there's a backlog of applications & can't be tracked?
    Yes MBS do have a backlog so I was told but my application does not exist on the system so will never get processed.
    I choose the rooms that I live in with care,
    The windows are small and the walls almost bare,
    There's only one bed and there's only one prayer;
    I listen all night for your step on the stair.
  • Speculator
    Speculator Posts: 2,339 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Monmouthshire RS

    Anyone else have a RS mature yesterday and yet they are still showing as unmatured today?
    Yesterday was a Bank Holiday so they will not have processed the maturity/withdrawal until today. Should appear in your MONBS online tomorrow (Wednesday)
    I hope you're right.

    Seeing two both as RS the day after maturity isn't normal for the dozens of other RS I have - even with the BH considered.

    Hopefully they received the postal maturity instructions as they once again didn't advise me.

    It's a shame the maturity instructions online aren't a little more sophisticated to include all permutations.

    I'll be interested to see that the final bounced £300 (and recredited) payment has accrued the correct level of interest too.
    Mine matured today and is still showing as unmatured. I assume it will update overnight hopefully.
  • Mon BS Existing customer.

    In case anyone is anxious about getting a test payment and the remainder in before the end of the month... 

    I received my account number late yesterday and sent a test transfer of £50 after close of business. (Normally I only ever send £1 even if I know it'll bounce back but didn't want to mess around so close to the end of the month) 

    I just spoke to someone there now who has confirmed that he can see that it has arrived safely already, even though I know it'll take a couple of days to be visible from my end.


  • Marcoos
    Marcoos Posts: 201 Forumite
    100 Posts First Anniversary Name Dropper
    First Direct Regular Saver

    Just wondering how long it takes to setup. Looking to set it up and wondering about timings, as the SO is setup for the day it's 'created'? Just want to get to close to the end of the month or worse case, start of the month.
  • Marcoos said:
    First Direct Regular Saver

    Just wondering how long it takes to setup. Looking to set it up and wondering about timings, as the SO is setup for the day it's 'created'? Just want to get to close to the end of the month or worse case, start of the month.
    From memory, the last one I did was 4 working days.
  • AmityNeon
    AmityNeon Posts: 1,085 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    Marcoos said:

    First Direct Regular Saver

    Just wondering how long it takes to setup. Looking to set it up and wondering about timings, as the SO is setup for the day it's 'created'? Just want to get to close to the end of the month or worse case, start of the month.

    One day for me. The first payment is taken internally from your current account (even on weekends), and if you really need a specific SO date for subsequent payments, you can cancel the SO that's automatically created for you and set one up yourself.

  • granta
    granta Posts: 503 Forumite
    Tenth Anniversary 100 Posts Photogenic Name Dropper
    Mon BS Existing customer.

    In case anyone is anxious about getting a test payment and the remainder in before the end of the month... 

    I received my account number late yesterday and sent a test transfer of £50 after close of business. (Normally I only ever send £1 even if I know it'll bounce back but didn't want to mess around so close to the end of the month) 

    I just spoke to someone there now who has confirmed that he can see that it has arrived safely already, even though I know it'll take a couple of days to be visible from my end.


    My £1 has arrived and has been accepted despite the £50 pay in minimum! £499 now on its way
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,862 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    Marcoos said:
    First Direct Regular Saver

    Just wondering how long it takes to setup. Looking to set it up and wondering about timings, as the SO is setup for the day it's 'created'? Just want to get to close to the end of the month or worse case, start of the month.
    My experience is that you're somewhat at the mercy of however busy they are at the time you apply. I've had most applications go through the next 1-2 working days, but I've also had one take a week and a half to be processed.
  • HHUK
    HHUK Posts: 235 Forumite
    Part of the Furniture 100 Posts Savvy Shopper! Photogenic
    edited 29 August 2024 at 2:33PM
    I know I'm not the first to get this response. 
    Monmouthshire Building Society Exclusive Regular Saver Issue 2

    Not the last either. I'm in exactly the same boat. Also applied online early last week (as an existing account holder - obviously) and heard nothing. Phoned them today and, after holding on while she investigated, was told by the first agent that they had no trace of my application. She asked if I could submit a new application online and promised to flag my details so it would be processed immediately.

    I did that, then called them again to make sure it had been received, and was told I'd need to leave it until later this afternoon for it to show on the system.

    There's no real urgency, provided the product isn't pulled in the near future.

    On the plus side, my calls today have both been answered within about 5 minutes, and the agents are always very friendly, pleasant and helpful.
  • MonBS Regular saver. 

    Hello.
    I opened the bog standard RS at 4.75% on the 14th of this month. And it's up and running but today l was sent another signature  form for the same account to sign.

    Also received  a signature  form for their instant saver which l already have  £1 sitting in.
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