Regular Savings Accounts: The Best Currently Available List!

s71hj

jameseonline said:

ForumUser7 said:

CO-OP RS

Looking to apply for this. Don’t hold any accounts with them and aware I need a current account first. Once I’ve applied for the current account, can I apply for the RS straight away or do they have any slow/manual processing or codes in the post please? Thanks

Not sure what they are like these days but yes you need the current account 1st to be eligible for the regular saver.

In theory it should be quick to open once you are setup with the current account.

It is very quick.

allegro120

ForumUser7 said:

CO-OP RS

Looking to apply for this. Don’t hold any accounts with them and aware I need a current account first. Once I’ve applied for the current account, can I apply for the RS straight away or do they have any slow/manual processing or codes in the post please? Thanks

Yes, you can apply as soon as your current account is opened. It's been long time so things might have changed, I've applied on 22nd Feb and the RS was opened on 26th, 24th and 25th were weekends, so it took two working days to get it opened. 

pecunianonolet

ForumUser7 said:

CO-OP RS

Looking to apply for this. Don’t hold any accounts with them and aware I need a current account first. Once I’ve applied for the current account, can I apply for the RS straight away or do they have any slow/manual processing or codes in the post please? Thanks

I applied for it in early April and no issues and got everything in terms of paperwork by post. OH applied same day and only just last week got a response to the complaint and some compensation (too low for all the stress) as they massively screwed up. 

I have stopped funding mine and this will be the first one to get rid off when I am eligible again for a future switch offer. 

callum9999

jameseonline said:

Speculator said:

YBS Loyalty Regular eSaver matures in 1 day and interest (£246.45) just added today.

£246.81 for me.

Not totally sure why the transactions list in app shows that as Transfer £246.81 and gross interest £6246.81 for 1 entry & also withdrawal of - £0.00 with tax paid £6246.81 as another but ok.

It doesn't.

It shows a transfer of £246.81 interest, giving you a balance of £6246.81, and a withdrawal of £0 tax (presumably a quirk they can't (easily) remove from the old days where they withheld tax on interest) meaning your balance is still £6246.81. 

Bridlington1

ForumUser7 said:

CO-OP RS

Looking to apply for this. Don’t hold any accounts with them and aware I need a current account first. Once I’ve applied for the current account, can I apply for the RS straight away or do they have any slow/manual processing or codes in the post please? Thanks

Current account took a few weeks to get set up (nothing difficult, just a lot of waiting for them to do things) but once you've got online banking it works well and you should be able to get the regular saver opened in a few working days.

It's worth noting that Co-op's regular saver is one of those accounts where the term doesn't begin until you make your first deposit, rather than the day the account becomes available for you to make your first deposit.

jameseonline

callum9999 said:

jameseonline said:

Speculator said:

YBS Loyalty Regular eSaver matures in 1 day and interest (£246.45) just added today.

£246.81 for me.

Not totally sure why the transactions list in app shows that as Transfer £246.81 and gross interest £6246.81 for 1 entry & also withdrawal of - £0.00 with tax paid £6246.81 as another but ok.

It doesn't.

It shows a transfer of £246.81 interest, giving you a balance of £6246.81, and a withdrawal of £0 tax (presumably a quirk they can't (easily) remove from the old days where they withheld tax on interest) meaning your balance is still £6246.81. 

I know the totals but it just looks wrong/messy etc, maybe things will look better when it's matured.

Like I've not made a transfer, not made withdrawals yet it looks like I have and it looks like I've gained £6246.81 in interest

Kim_13

YBS

Still showing as the Loyalty RS and they have put a withdrawal of £0.00 through my account dated yesterday (which doesn’t say anything about tax paid.) So withdrawals are not available, in spite of the fact I had maintained my withdrawal day. Glad I don’t have £6K in there but if I don’t get the funds until Monday they will be getting a complaint.

gt94sss2

Kim_13 said:

YBS

Still showing as the Loyalty RS and they have put a withdrawal of £0.00 through my account dated yesterday (which doesn’t say anything about tax paid.) So withdrawals are not available, in spite of the fact I had maintained my withdrawal day. Glad I don’t have £6K in there but if I don’t get the funds until Monday they will be getting a complaint.

I suspect you just tried too early. 

Mine is now showing as an Easy access saver account and I was able to transfer funds without an issue

Speculator

Just transferred from YBS to santander and says it should reach Santander by end of Friday.

Don't understand why they can't transfer it same day. If tiny Monmouthshire BS can do same day transfers, why can't YBS?

jameseonline

Easy Access Saver 2 now showing so set up a payee to myself & requested my YBS money to be sent to my Virgin Money account via the app