Regular Savings Accounts: The Best Currently Available List!

Fingerbobs

London7766551 said:

Wheres_My_Cashback said:

Just wondering why this is not included on Page 1 - is it new ?

https://www.dudleybuildingsociety.co.uk/one-year-regular-saver-issue-5-2.pdf

1 Year Reg saver, max £250PM, 1.25% AER variable, Age 21+, no postcode restrictions mentioned, new members welcome, open Post/Branch Only.

I'd go for this but seems you have to call and post stuff out. A bit too much hassle for £20.

Why do you have to call them? Application forms are on their web site.

mrkds

London7766551 said:

I'd go for this but seems you have to call and post stuff out. A bit too much hassle for £20.

I agree. When annual returns get to the ~£20 level, things like the amount of time / hassle it takes to open and manage the account start becoming deciding factors . Not to mention the price of postage will eat into almost 5% of your returns. 
If it was easy to apply online and allowed wothdrawls it would be just about worthwhile. 

trickydicky14

Fingerbobs said:

London7766551 said:

Wheres_My_Cashback said:

Just wondering why this is not included on Page 1 - is it new ?

https://www.dudleybuildingsociety.co.uk/one-year-regular-saver-issue-5-2.pdf

1 Year Reg saver, max £250PM, 1.25% AER variable, Age 21+, no postcode restrictions mentioned, new members welcome, open Post/Branch Only.

I'd go for this but seems you have to call and post stuff out. A bit too much hassle for £20.

Why do you have to call them? Application forms are on their web site.

I can't be doing with all this 'send documents signed by a person of standing'.
When I opened my regular saver with Furness BS a short time back, due to the covid stuff they did away with that rule and just let you send a basic photo copy job done.
Sod it for £20.
Plus I don't think I know any one of standing!

wiseonesomeofthetime

And it's only a £20 return if the variable rate does not drop during the 12 months!

Fingerbobs

trickydicky14 said:

Fingerbobs said:

London7766551 said:

Wheres_My_Cashback said:

Just wondering why this is not included on Page 1 - is it new ?

https://www.dudleybuildingsociety.co.uk/one-year-regular-saver-issue-5-2.pdf

1 Year Reg saver, max £250PM, 1.25% AER variable, Age 21+, no postcode restrictions mentioned, new members welcome, open Post/Branch Only.

I'd go for this but seems you have to call and post stuff out. A bit too much hassle for £20.

Why do you have to call them? Application forms are on their web site.

I can't be doing with all this 'send documents signed by a person of standing'.
When I opened my regular saver with Furness BS a short time back, due to the covid stuff they did away with that rule and just let you send a basic photo copy job done.
Sod it for £20.
Plus I don't think I know any one of standing!

I do agree in this case it's not worth bothering for ~£20, but you only need to certify the documents if you're not sending originals. You could just send original documents you wouldn't mind losing, for example an HMRC Tax Code notification letter and a bank statement would appear to satisfy the Dudley's ID requirements.

This is exactly how I opened a Scottish Building Society account earlier this month - just sent original documents that I wouldn't particularly care if I lost.

Bimbly

If you want to bookmark a link that allows you to jump straight to the end of this thread then use this: http://forums.moneysavingexpert.com/showthread.php?t=5776240&page=9999

This link didn't work for me. I got a "page doesn't exist" error.

eskbanker

Bimbly said:

If you want to bookmark a link that allows you to jump straight to the end of this thread then use this: http://forums.moneysavingexpert.com/showthread.php?t=5776240&page=9999

This link didn't work for me. I got a "page doesn't exist" error.

That style of link was used in the previous version of the forum, which was superseded nearly a year ago - OP needed to create a new version of this thread and must have left the old link in the first post.

I'm not aware of a feature to go directly to the last post as such, but the current version of the forum software automatically appends '#latest' to the thread address, which will take you to the post after the one you last read, so this works well for those regularly revisiting the same thread and not wanting to miss anything.  Alternatively, navigation by page numbers is possible (it may only be fully visible in landscape mode when viewing on mobile devices) and this should include a button to take you to the last page.

adindas

vermania said:

Mine matured at the end of December. I received a letter which would take instructions through a return letter/pre-paid envelope (service centre now in Sunderland FYI). However, the letter encourages you to use their online access and send them a message within their portal.

Slightly hazy about what happened but on the day of maturity I think that I set up the online access in one sitting, no need to wait for any letters to confirm, you are straight in after setup, and I sent the message. They already have your recipient bank details so low and behold, the next day the money had been transferred.

I sent my passbook in the envelope and got a call a week ago asking what I wanted done with it (completed and returned, of course). At this point they also offered to send me an application form to open another Regular Saver without having to go into the branch (the rate is 1%, I did not take up the offer).

Rather different from the handwritten passbooks and numerous forms you were given when going into the branch, and having to trudge over to Kent! Alas, really I have missed my annual pilgrimage this time.

Anyway, hope that helps.

Thanks. Indeed, it is complete waste of time traveling when it could be dealt with online or via the phone.

At least they will just waste their time if they are trying influencing me to cross sell their other products that I do not need.

I think the bank should stop thinking that we are naive to get influenced by them to buy the products we do not need.

If they want to restrict people access to the product they could limit it by restricting it to their current customers and/or those who live close to their branches.

1% fixed rate with no withdrawal is just waste of time to apply. It is the right decision you did not take that offer.

where_are_we

Wheres_My_Cashback said:

Just wondering why this is not included on Page 1 - is it new ?

https://www.dudleybuildingsociety.co.uk/one-year-regular-saver-issue-5-2.pdf

1 Year Reg saver, max £250PM, 1.25% AER variable, Age 21+, no postcode restrictions mentioned, new members welcome, open Post/Branch Only.

What is their ID verification policy? Will they want signed documents? This would preclude it in our case.

Fingerbobs

where_are_we said:

Wheres_My_Cashback said:

Just wondering why this is not included on Page 1 - is it new ?

https://www.dudleybuildingsociety.co.uk/one-year-regular-saver-issue-5-2.pdf

1 Year Reg saver, max £250PM, 1.25% AER variable, Age 21+, no postcode restrictions mentioned, new members welcome, open Post/Branch Only.

What is their ID verification policy? Will they want signed documents? This would preclude it in our case.

https://www.dudleybuildingsociety.co.uk/identity-requirements-for-private-individuals.pdf