Regular Savings Accounts: The Best Currently Available List!

Gers

Gers said:
Tried to open this account - the app needs a county, even though I select my address from the menu it doesn't recognise 'Argyll' nor will it accept 'Argyll & Bute' or 'Argyll and Bute'. 

I phoned them, spoke to a helpful agent who will get back to me!  I also suggested that some places don't have a county name so would also be stuck.

schiff

Virgin - I didn't really want to cause the discussion about Moneyfacts to this extent. It was merely a comment. The folk who rely on Moneyfacts rather then MSE, if they are not FTBs will just pass it up which is a shame.

Gers

Gers said:

Gers said:
Tried to open this account - the app needs a county, even though I select my address from the menu it doesn't recognise 'Argyll' nor will it accept 'Argyll & Bute' or 'Argyll and Bute'. 

I phoned them, spoke to a helpful agent who will get back to me!  I also suggested that some places don't have a county name so would also be stuck.

The helpful agent did ring back very quickly... she advised that I should change the county name from Argyll to the mythical and legendary 'Argyllshire'.    After laughing out loud at this I did as advised and it worked.  I advised her to let her team know the correct details.  Anyway, a result even though I now have to wait for the unique ID number through the post.

Despite the hiccup it's been good service from Tipton - if I wore a hat I'd be tipping it at them!

typistretired

I always find Tipton customer service very friendly, quick to reply and very efficient. I always use the contact us page never ring

schiff

My application for the Tipton App has been accepted. My postal application for the 28/2/22 version will have dropped on their mat today. Until I know the consequence of that I won't know if I'm allowed both. Fingers crossed.

trickydicky14

Just to second what typistretired has said, I have emailed Tipton twice over the past 24hrs and had quick, helpful answers.
And if it helps, I was told to leave the box blank regarding a welcome pack on the application form and my cheque should be made out to ME not the building Society.

Snapdragon

JamesRobinson48 said:

Tipton BS has just launched another new fixed rate RS paying 1.35%. This one is said to be available only through the new Tipton app (see Speculator's post above), and it has a different maturity date to the 'chequebook' RS product that Tipton launched yesterday (Dec 2021 versus Feb 2022). But frankly I don't yet know if it's permitted to have both of these, or even (for those of us with an existing Tipton RS maturing Jan 2021) either of them.

The RS world seems suddenly to be getting more complicated, even as it also gets less lucrative ...

Just applied via the app thanks.
Although it said maturity Dec 2021, it also referred in the terms and condition to 14 months term and the example they gave of what you'd get at the end if you put in £500 every month was a return of £7567.44 which I believe is what you'd get if it in fact matured in February, so not sure if its actually Dec or Feb. Doesn't matter to me so went ahead anyway, but suspect it maybe the same saver as the one people are opening by post. I hadn't got around to sending my postal application as I don't have a cheque book, so this easier.

quirkydeptless

JamesRobinson48 said:

Tipton BS has just launched another new fixed rate RS paying 1.35%.

Thanks for the Tipton tip

Downloaded the App and opened.

veryintrigued

Snapdragon said:

JamesRobinson48 said:

Tipton BS has just launched another new fixed rate RS paying 1.35%. This one is said to be available only through the new Tipton app (see Speculator's post above), and it has a different maturity date to the 'chequebook' RS product that Tipton launched yesterday (Dec 2021 versus Feb 2022). But frankly I don't yet know if it's permitted to have both of these, or even (for those of us with an existing Tipton RS maturing Jan 2021) either of them.

The RS world seems suddenly to be getting more complicated, even as it also gets less lucrative ...

Just applied via the app thanks.
Although it said maturity Dec 2021, it also referred in the terms and condition to 14 months term and the example they gave of what you'd get at the end if you put in £500 every month was a return of £7567.44 which I believe is what you'd get if it in fact matured in February, so not sure if its actually Dec or Feb. Doesn't matter to me so went ahead anyway, but suspect it maybe the same saver as the one people are opening by post. I hadn't got around to sending my postal application as I don't have a cheque book, so this easier.

Tipton
Sounds as if you were an exising Tipton app user? I.e. for you to be up and running on the app and able to apply for new accounts without the wait for a postal confirmation for app set up?

JamesRobinson48

Snapdragon said:

Although it said maturity Dec 2021, it also referred in the terms and condition to 14 months term and the example they gave of what you'd get at the end if you put in £500 every month was a return of £7567.44 which I believe is what you'd get if it in fact matured in February, so not sure if its actually Dec or Feb. Doesn't matter to me so went ahead anyway, but suspect it maybe the same saver as the one people are opening by post. I hadn't got around to sending my postal application as I don't have a cheque book, so this easier.

Tipton app RS:  Where they mention 14 months term I assume they envisage people making 14 monthly payments (of £500 each) from Nov 2020 until Dec 2021 inclusive, total £7,000.  Add estimated interest of ~£57 (figure seems roughly OK to me), brings the maturity proceeds to £7,057 which is the figure quoted on the Tipton web page that I'm looking at.  Of course that's pretty much the max available, which not everyone would pay in.