Regular Savings Accounts: The Best Currently Available List!

cricidmuslibale

Over62 said:

I closed my savings account with Saffron in May 2020 after my last regular saver matured.  I still have my log in details and was able to apply for the new Members regular saver despite having no current accounts with them.  The regular saver is now open and up and running. 

You are certainly blessed! I very much wish I had an account (any account whatsoever) with Saffron right now!

JamesRobinson48

The Principality BS Christmas Regular Saver has been taken off sale today.

schiff

Furness BS
This may be of interest if your RS is maturing shortly, from CS: "We will write out to you with what is on offer next 14 days before it is due to mature, our Head Office team are just finalising what this may be!" The exclamation mark suggests it could be an alternative to the 3-year version. Mine matures 22 Jan. 13 payments not allowed btw.

typistretired

schiff said:

Furness BS

Can you help me as to how you complete the payee details for faster payment! I put Furness BS and my name it came back correct name Furness Building Society so I changed it then came back not recognised

wiseonesomeofthetime

Can you override the non-recognition, as long as you're sure sort code, account number, reference correctly completed?

1882

wiseonesomeofthetime said:

Can you override the non-recognition, as long as you're sure sort code, account number, reference correctly completed?

With Nationwide online banking you can, after acknowledging warnings!

refluxer

typistretired said:

Can you help me as to how you complete the payee details for faster payment! I put Furness BS and my name it came back correct name Furness Building Society so I changed it then came back not recognised

Why did you change it after the first attempt told you it was correct ? It's not actually very clear from your post exactly what you've done.

I've opened a number of different accounts in the last month or so and it's become clear that some banks and building societies aren't yet on-board with this new account checking procedure. When this is the case, they'll often state that you can ignore your online bank's warning but only if you're sure that you've completed the rest of the details correctly. I would check your regular saver or general Furness savings account T&Cs to see exactly what information you have to use. They may even have a help page on their website with this information. If you ignore any warnings and get the details wrong, it might make it more difficult to recover incorrectly directed payments so you're wise to proceed with caution.

Are you allowed to make multiple payments into this account in the same month ? If so, then it's common practice for many to send a small initial payment (eg £1) to ensure that the details you've used are correct. Again, you'll have to check your product T&Cs though to make sure that multiple payments within the month are allowed.

typistretired

I I have sent a £1 as Colsten recommended on another forum. This new system is confusing Furness have confirmed I am inputting correct details. Problem is the account is not online so will have to email them to check the £1 has gone into the account

colsten

1882 said:

wiseonesomeofthetime said:

Can you override the non-recognition, as long as you're sure sort code, account number, reference correctly completed?

With Nationwide online banking you can, after acknowledging warnings!

All banks allow you to ignore the mismatch warnings. 

typistretired

refluser asked " Why did you change it after the first attempt told you it was correct ? It's not actually very clear from your post exactly what you've done."

I put Furness BS and my name as shown on account
The check came back correct name is FURNESS BUILDING SOCIETY
So I changed to that.
The check then came back not recognised so I proceeded as I knew information was correct but only sending £1.  You can send multiple payments minimum of £1 is required.