Regular Savings Accounts: The Best Currently Available List!

cricidmuslibale

How easy is it to apply for a Chorley BS Regular saver, please? I.e. do you have to post in documents for identity purposes which is a bit of a faff to say the least or can the application process basically be done online?

cricidmuslibale

JamesRobinson48 said:

cricidmuslibale said:

How easy is it to apply for a Chorley BS Regular saver, please? I.e. do you have to post in documents for identity purposes which is a bit of a faff to say the least or can the application process basically be done online?

If you take a look at their Identification Requirements page you'll see that, like many BSs, they say that they first attempt electronic verification and only ask you for docs later on if that fails. Personally, touch wood, I've never had any ID issue with them.  

Thanks very much! Yes I've also just had a look at their website myself for the very 1st time and this does indeed seem to be the case. As it happens I don't live a million miles away from Chorley (about 25 miles in fact) so in the worst case scenario I would be prepared to travel to one of their branches for a one-off visit if necessary.

Every_Penny_Counts

Re Chorley RS

How good are the maturity arrangements please?  They say that they use BAC's which can take up to 5 days or into an easy access account, can this be accessed online?

Thank you

EPC

SFindlay

cricidmuslibale said:

JamesRobinson48 said:

cricidmuslibale said:

How easy is it to apply for a Chorley BS Regular saver, please? I.e. do you have to post in documents for identity purposes which is a bit of a faff to say the least or can the application process basically be done online?

If you take a look at their Identification Requirements page you'll see that, like many BSs, they say that they first attempt electronic verification and only ask you for docs later on if that fails. Personally, touch wood, I've never had any ID issue with them.  

Thanks very much! Yes I've also just had a look at their website myself for the very 1st time and this does indeed seem to be the case. As it happens I don't live a million miles away from Chorley (about 25 miles in fact) so in the worst case scenario I would be prepared to travel to one of their branches for a one-off visit if necessary.

The seasonal saver has to be opened by post or in branch, there is no online applications so no electronic verification of identity and need to send ID and deposit with application. 

Former_MSE_Naomi

Hi all, 
We've seen you're discussing the HSBC and First Direct rate drops today - here is MSE's most recent news story on the reductions:

HSBC and First Direct have cut the interest paid on their regular savings accounts from 2.75% to 1% for new customers, just days after MoneySavingExpert.com warned a rate reduction was on the cards...

Read the full story:

'HSBC and First Direct cut top regular savings rates to 1% after MSE warning'

jen49

JamesRobinson48 said:

Chorley BS has just announced a Seasonal Regular Saver, available from 1st December, paying 1.25% variable: max £250 pm, matures on 30th November 2021.

Importantly, this product won't be available to those of us with an existing Chorley seasonal saver. We've separately been offered a follow-on RS.

For those unfamiliar with the Chorley's approach to regular savers, for some years now they've had a practice of providing an invitation-only, follow-on RS product when an existing RS matures, typically at a slightly better rate than available to the general public. So even if today's new issue isn't a market-leading variable rate, one might ultimately find it reasonably worthwhile if past form is anything to go by.

Many thanks for this as was looking for something to replace an existing RS thats due to mature in a couple of months

typistretired

Chorley BS have a savings online application - anyone know which savings account it is for?  I have completed and as they digitally check you I have been accepted but haven't the foggiest which account it is for as no information given at top of form. 

P3

Doesn look like you can apply online, that's me out then 

To open an account you will need to apply in branch or by post and let us have;

a fully completed Share Application Form ;

at least the minimum deposit of £1; and

proof of your identity and address

General_Grant

typistretired said:

Chorley BS have a savings online application - anyone know which savings account it is for?  I have completed and as they digitally check you I have been accepted but haven't the foggiest which account it is for as no information given at top of form. 

Which part of the site were you on when you downloaded the form?  If it was the Regular Saver section it will include that name in the name of the form.

typistretired

I will find out in a few days it was just the savings section.
email just now from Chorley BS

Thank you for choosing to save with Chorley Building Society

You will receive your account number and details of how to make your initial deposit through the post within the next 3 working days. Please be aware at this time your account cannot be operated via an online service. However, you can view your account by registering for our Chorley online service once the initial deposited has been received.