Regular Savings Accounts: The Best Currently Available List!

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typistretired said:

Tipton & Coseley BS received my updated passbook and maturity cheque in post today - very impressed

Me too! When I spoke to them on the phone, they were reluctant to split the cheque but I received all 7 cheques today!
We once had 5 banks and 1 Halifax agency in our little town. Now we have zero banks, only a Saffron and a Post Office so had to split the cheques to pay in via banking app. Didn't fancy paying in at the PO because it gets very crowded in the tiny room with no windows.

typistretired

Tipton & Coseley BS
I am in same position but have paid into Post Office. My main bank only allows £500 per day cheque limit on the app. Paying  in on your phone is credited faster

soulsaver

Barmy in the current circumstances to be sending cheques, isn't it? 
Come on Tipton, are you not aware of Covid?

Speculator

soulsaver said:

Barmy in the current circumstances to be sending cheques, isn't it? 
Come on Tipton, are you not aware of Covid?

Already asked them if they could send funds via BACS/FP but they said "we are not a bank"  Lol.

happybagger

soulsaver said:

Barmy in the current circumstances to be sending cheques, isn't it? 
Come on Tipton, are you not aware of Covid?

Getting off topic so I'll only comment on this once
Are you really suggesting it's a vector of disease? Are you ever aware of a recorded case of any virus from a cheque (or envelope)?
What happens with any post you receive? Or any newspaper delivered by paperboys daily? Or all those products you pick up in the supermarket that may have been touched by customers and have definitely been recently touched by staff who mishandle their masks because they are forced to use them for an 8 hour shift?
A sense of proportion and reality needed methinks.
You'd think Tipton would be able to do BACS or FP anyway, but 'barmy' is overstating it

Fingerbobs

happybagger said:

soulsaver said:

Barmy in the current circumstances to be sending cheques, isn't it? 
Come on Tipton, are you not aware of Covid?

Getting off topic so I'll only comment on this once
Are you really suggesting it's a vector of disease? Are you ever aware of a recorded case of any virus from a cheque (or envelope)?
What happens with any post you receive? Or any newspaper delivered by paperboys daily? Or all those products you pick up in the supermarket that may have been touched by customers and have definitely been recently touched by staff who mishandle their masks because they are forced to use them for an 8 hour shift?
A sense of proportion and reality needed methinks.
You'd think Tipton would be able to do BACS or FP anyway, but 'barmy' is overstating it

Not wishing to speak for soulsaver, and I may be wrong, but I don't think that was the suggestion. It was more that paying in a high-value cheque requires visiting a bank branch, or at least a Post Office - something which could so easlily be avoided by using an electronic payment instead?

SFindlay

happybagger said:

soulsaver said:

Barmy in the current circumstances to be sending cheques, isn't it? 
Come on Tipton, are you not aware of Covid?

Getting off topic so I'll only comment on this once
Are you really suggesting it's a vector of disease? Are you ever aware of a recorded case of any virus from a cheque (or envelope)?
What happens with any post you receive? Or any newspaper delivered by paperboys daily? Or all those products you pick up in the supermarket that may have been touched by customers and have definitely been recently touched by staff who mishandle their masks because they are forced to use them for an 8 hour shift?
A sense of proportion and reality needed methinks.
You'd think Tipton would be able to do BACS or FP anyway, but 'barmy' is overstating it

Think you're completely missing the point!!

Nobody said it was to do with the physical cheque its to do with the process involved of travelling to and tgereafter standing in a bank / building society / post office where there most certainly IS an increased risk of catching covid!!! That is the reality of the situation and makes the original point valid and proportional to current lockdown protocols!! 

happybagger

I've always deposited mine in the machine. Sorry, I thought that was commonplace.
Along with people using these phone app thingies, I thought that would have accounted for the vast majority of cheque deposits.
I'm surprised actually walking to a branch counter was common. Fair enough.

colsten

happybagger said:

Along with people using these phone app thingies.....

You may not be aware, but these phone app thingies have a limit of max £1,000 per cheque, or even just £500 at some banks. Plus some have piddly daily limits of £2k for phone app thingy cheque deposit.

Just about no matured Regular Saver is worth less than a minimum of £2,500.

As to using a cheque deposit machine in a bank Branch: AFAIK, you need to actually go inside a building to use such a machine. A totally unnecessary thing to do in the current circumstances, as it creates additional risks for everyone who is in the same indoor space. It is difficult to understand why a Building Society would still be unable to make faster payments instead of writing cheques.

soulsaver

Fingerbobs said:

happybagger said:

soulsaver said:

Barmy in the current circumstances to be sending cheques, isn't it? 
Come on Tipton, are you not aware of Covid?

Getting off topic so I'll only comment on this once
Are you really suggesting it's a vector of disease? Are you ever aware of a recorded case of any virus from a cheque (or envelope)?
What happens with any post you receive? Or any newspaper delivered by paperboys daily? Or all those products you pick up in the supermarket that may have been touched by customers and have definitely been recently touched by staff who mishandle their masks because they are forced to use them for an 8 hour shift?
A sense of proportion and reality needed methinks.
You'd think Tipton would be able to do BACS or FP anyway, but 'barmy' is overstating it

Not wishing to speak for soulsaver, and I may be wrong, but I don't think that was the suggestion. It was more that paying in a high-value cheque requires visiting a bank branch, or at least a Post Office - something which could so easlily be avoided by using an electronic payment instead?

@Fingerbobs Spot on, thanks. A lot nicer 'put' than I would have in reply.