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Regular Savings Accounts: The Best Currently Available List!

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  • 35har1old
    35har1old Posts: 1,913 Forumite
    1,000 Posts Second Anniversary Name Dropper
    WillPS said:
    35har1old said:
    Kim_13 said:
    Monmouthshire BS 

    Has anyone received their passbook for the Issue 2 Exclusive yet? Sent my signature form off over a week ago now and nothing.
    I received mine, yesterday but it is just a waste of postage, as you don’t need it for anything 
    The cost of the postage is nothing compared to the printing of the passbook 
    I really don't think it's as much as you're imagining.
    So you think a passbook doesn’t  cost more than 85p
    Had a conversation with a Virgin branch manager sometime back and he said the reason for removing the use of the passbook was down to the escalating cost of providing them. Of course perhaps they had a security feature that Monmouthshire doesn’t 
  • 35har1old
    35har1old Posts: 1,913 Forumite
    1,000 Posts Second Anniversary Name Dropper
    35har1old said:
    DJDools said:
    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.
    I've been waiting a week today for something in the post.
    Re: MONBS RS 

    If it helps, and you have digital access to the mons.com website (or app?), then you can send them a digital image of your signatory form via secure message. I asked and they said they would be happy to accept this.
    I asked the same question and was told the exact opposite.
    Explanation given requires a wet signature 
    Ditto, when I phoned up Monmouthshire last week the CS guy I spoke to was adamant they needed an ink signature posted back before any transactions could be done. 
    Not quite what I was told wet signature required but could fund account immediately 
  • 35har1old
    35har1old Posts: 1,913 Forumite
    1,000 Posts Second Anniversary Name Dropper
    edited 12 September 2024 at 10:12AM
    csw5780 said:
    Kim_13 said:
    Where have others addressed their Melton applications to? The head office address or is there another that I’m missing?

    Thanks
    How to apply

    Simply download, print and complete the application form using the link below. Please return your completed form, necessary identification and opening cheque to your local branch or post it to Melton Building Society, Mutual House, Leicester Road, Melton Mowbray, Leicestershire LE13 0DB.

    It did also mention that you could scan a send via email but is it a secure way of sending ID?
    Sorry should have been attached to a Loughborough post
  • masonic
    masonic Posts: 27,216 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 12 September 2024 at 5:59AM
    35har1old said:
    csw5780 said:
    Kim_13 said:
    Where have others addressed their Melton applications to? The head office address or is there another that I’m missing?

    Thanks
    How to apply

    Simply download, print and complete the application form using the link below. Please return your completed form, necessary identification and opening cheque to your local branch or post it to Melton Building Society, Mutual House, Leicester Road, Melton Mowbray, Leicestershire LE13 0DB.

    It did also mention that you could scan a send via email but is it a secure way of sending ID?
    You don't need to send ID unless they can't verify you electronically. They'll ask if they need it.
  • WillPS
    WillPS Posts: 5,142 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    edited 12 September 2024 at 7:48AM
    35har1old said:
    WillPS said:
    35har1old said:
    Kim_13 said:
    Monmouthshire BS 

    Has anyone received their passbook for the Issue 2 Exclusive yet? Sent my signature form off over a week ago now and nothing.
    I received mine, yesterday but it is just a waste of postage, as you don’t need it for anything 
    The cost of the postage is nothing compared to the printing of the passbook 
    I really don't think it's as much as you're imagining.
    So you think a passbook doesn’t  cost more than 85p
    Had a conversation with a Virgin branch manager sometime back and he said the reason for removing the use of the passbook was down to the escalating cost of providing them. Of course perhaps they had a security feature that Monmouthshire doesn’t 
    Correct, most of the ones I've seen are not complicated documents. The most complicated bit is the UV signature panel which of course wont be populated for postal/online accounts unless and until you visit a branch/agency.

    I've never had a Virgin Money one, perhaps they had a magnetic stripe or something which will have made them a more specialist product, but I imagine what the manger was alluding to was not the cost of the blank document nor the dot matrix printing device, but merely the cost of continuing to offer them at all when their internal systems no longer require them.

    I would suggest for most local/regional building societies the bulk of the set up cost will be labour.
  • 35har1old said:
    So you think a passbook doesn’t  cost more than 85p
    Had a conversation with a Virgin branch manager sometime back and he said the reason for removing the use of the passbook was down to the escalating cost of providing them. Of course perhaps they had a security feature that Monmouthshire doesn’t 
    Nationwide are going the same way from February next year.
  • csw5780
    csw5780 Posts: 117 Forumite
    100 Posts Photogenic First Anniversary Name Dropper
    edited 12 September 2024 at 9:44AM
    35har1old said:
    csw5780 said:
    Kim_13 said:
    Where have others addressed their Melton applications to? The head office address or is there another that I’m missing?

    Thanks
    How to apply

    Simply download, print and complete the application form using the link below. Please return your completed form, necessary identification and opening cheque to your local branch or post it to Melton Building Society, Mutual House, Leicester Road, Melton Mowbray, Leicestershire LE13 0DB.

    It did also mention that you could scan a send via email but is it a secure way of sending ID?
    ID is not required unless their identity check fails. I wasn’t required to send ID. However they couldn’t verify my designated account so have requested a recent statement be sent!

    Was also called today to say that my funds arrived successfully yesterday via FP and that the passbook will be sent out today. 
  • TomJ
    TomJ Posts: 237 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Progressive BS Online Regular Rainy Day Saver Account at 7% now NLA.
    On a similar note, the Monmouthshire BS Exclusive Regular Saver (Issue 2) is no longer available either...
    I am not a financial advisor or other expert. All posts are purely my thoughts at the time for discussion, not advice. Bear in mind, even most of this disclaimer is ripped off another forum user. Please check out the facts first before doing anything.
  • TomJ said:
    Progressive BS Online Regular Rainy Day Saver Account at 7% now NLA.
    On a similar note, the Monmouthshire BS Exclusive Regular Saver (Issue 2) is no longer available either...
    I'm afraid @JamesRobinson48 beat you to it yesterday.
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