Regular Savings Accounts: The Best Currently Available List!

veryintrigued

surreysaver said:

veryintrigued said:

moi said:

Monmouthshire BS have "made a change to your Christmas Saver Account," i.e. they're scrapping it, with the default being they turn it into an Easy Saver in a month.

Christmas Saver Bond Issue 3  @ 1.1% &  £1000 per month looks like a decent replacement, but that only lasts 1 year, rather than rolling on

Has everyone (anyone) received a follow up letter to this asking for the returned maturity instructions?

No. If you don't respond, it just gets turned into an easy saver. That's what I'm doing, as then I'll be able to transfer the money onto my linked account 

This is the thing - I have responded - weeks ago.

The letter is along the lines of 'if you've already responded ignore this letter'.

Hence I was keen to see if they're targeting everyone.

Previously I have been keen to praise Monmouthshire.

But they're turning into a bit of a shower.

colsten

Thomas_Crown said:

surreysaver said:

Thomas_Crown said:

Principality Building Society, 1 Year Regular Savings Bond Issue 22, 1.5% AER (Fixed), Min.£20 to open, Max.£250 per month, No Withdrawals.

That's not a new account. Its been available for nearly a year 

Who said it was new? It's still available and pays a higher interest rate than some other accounts but isn't the best rate you can get, as you can see from the first few posts in this thread. 

Fixed that for you 😃

soulsaver

veryintrigued said:

surreysaver said:

veryintrigued said:

moi said:

Monmouthshire BS have "made a change to your Christmas Saver Account," i.e. they're scrapping it, with the default being they turn it into an Easy Saver in a month.

Christmas Saver Bond Issue 3  @ 1.1% &  £1000 per month looks like a decent replacement, but that only lasts 1 year, rather than rolling on

Has everyone (anyone) received a follow up letter to this asking for the returned maturity instructions?

No. If you don't respond, it just gets turned into an easy saver. That's what I'm doing, as then I'll be able to transfer the money onto my linked account 

This is the thing - I have responded - weeks ago.

The letter is along the lines of 'if you've already responded ignore this letter'.

Hence I was keen to see if they're targeting everyone.

Previously I have been keen to praise Monmouthshire.

But they're turning into a bit of a shower.

Yes, I got the follow up letter even though I had responded to the earlier one with my preferences.
MBS do work in mysterious ways.

Nick_C

Thomas_Crown said:

Principality Building Society, 1 Year Regular Savings Bond Issue 22, 1.5% AER (Fixed), Min.£20 to open, Max.£250 per month, No Withdrawals.

Listed on page 1 of this thread.  Along with all the other RSAs worth considering. 

veryintrigued

soulsaver said:

veryintrigued said:

surreysaver said:

veryintrigued said:

moi said:

Monmouthshire BS have "made a change to your Christmas Saver Account," i.e. they're scrapping it, with the default being they turn it into an Easy Saver in a month.

Christmas Saver Bond Issue 3  @ 1.1% &  £1000 per month looks like a decent replacement, but that only lasts 1 year, rather than rolling on

Has everyone (anyone) received a follow up letter to this asking for the returned maturity instructions?

No. If you don't respond, it just gets turned into an easy saver. That's what I'm doing, as then I'll be able to transfer the money onto my linked account 

This is the thing - I have responded - weeks ago.

The letter is along the lines of 'if you've already responded ignore this letter'.

Hence I was keen to see if they're targeting everyone.

Previously I have been keen to praise Monmouthshire.

But they're turning into a bit of a shower.

Yes, I got the follow up letter even though I had responded to the earlier one with my preferences.
MBS do work in mysterious ways.

Thanks - I much prefer institutions who send a 'thanks for your instructions' confirmation letter or target those who've not sent their instructions back.

Sending these types of letters only serves to spread more confusion. Especially when they've a recent history of 'not receiving post'.

Special_Saver2

Hi Everybody,

Here is this weekend's update to this thread.

I cannot see anything that has changed.

I will do the next update next weekend.

SS2

---

For those new to this thread, the first few posts are constantly updated and are on the first page
https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

surreysaver

Thomas_Crown said:

surreysaver said:

Thomas_Crown said:

Principality Building Society, 1 Year Regular Savings Bond Issue 22, 1.5% AER (Fixed), Min.£20 to open, Max.£250 per month, No Withdrawals.

That's not a new account. Its been available for nearly a year 

Who said it was new? It's still available and pays a higher interest rate than other accounts. Plus the interest rate is fixed, unlike Coventry BS. Take a look at the posts showing the Chorley BS renewal rates. 11 months ago Principality was paying 2.7% AER.

You didn't state the purpose of your post.  It reads like you've posted a new account.

typistretired

Thanks - I much prefer institutions who send a 'thanks for your instructions' confirmation letter or target those who've not sent their instructions back.

Sending these types of letters only serves to spread more confusion. Especially when they've a recent history of 'not receiving post'.

I sent a secure message to them asking why they had not confirmed receipt of instructions. They replied that they had received my instructions but it was their policy to write back when the account had matured and instructions followed out. Then Monmouthshire BS sent me that reminder letter which I received yesterday. Left hand doesn’t know what the right hand is doing

moi

veryintrigued said:
Has everyone (anyone) received a follow up letter to this asking for the returned maturity instructions?

Yes, despite having sent their form back.

typistretired

moi said

Yes, despite having sent their form back.

How much are they wasting on postage