Regular Savings Accounts: The Best Currently Available List!

Section62

chris_the_bee said:

Cambridge BS has suffered faults after their IT upgrade.
Unable to withdraw funds online or send a secure message of any length.
They do sort the withdrawal by phoning them.

You also have to set up a nominated account rather than using any saved payees you used in the past.

where_are_we

Saffron new members RS12 @3%. If using secure message to close old RS11 and open new RS12 do not dilly-dally and get timed out and have to compose it all again like I did! Maximum balance is £6000 so only first deposit and 11 SO`s for £500 are allowed (no 13th payment), although if form is anything to go by, this doesn`t matter because the RS12 is likely to be superseded by a RS13 before maturity. Also alter your old standing order to the new maturity date.

dcs34

where_are_we said:

Saffron new members RS12 @3%. If using secure message to close old RS11 and open new RS12 do not dilly-dally and get timed out and have to compose it all again like I did! Maximum balance is £6000 so only first deposit and 11 SO`s for £500 are allowed (no 13th payment), although if form is anything to go by, this doesn`t matter because the RS12 is likely to be superseded by a RS13 before maturity. Also alter your old standing order to the new maturity date.

I've requested the Saffron switcheroo to the small saver, now 3.5% up from 3% previously.

(And I'll wait for them to do that before opening the RS12, just to avoid them applying their T&Cs correctly and closing it...)

Daliah

chris_the_bee said:

Cambridge BS has suffered faults after their IT upgrade.
Unable to withdraw funds online or send a secure message of any length.
They do sort the withdrawal by phoning them.

Online banking is awful - the response time is horrendous. I couldn't log in with Chrome at all, but Edge worked very, very slowly. The entire site seems to have crashed on me now. The app doesn't work at all. May be it will be better in the morning.

I was forced to choose a new userid when trying to log in. Password stayed the same. I was immediately logged out after changing the userid but was allowed to log in again with the new ID.

Section62 said:

You also have to set up a nominated account rather than using any saved payees you used in the past.

I have a nominated account already set up in all my Cambridge accounts already. Is there somewhere else I need to register a nominated account?

swanfan02

chris_the_bee said:

Cambridge BS has suffered faults after their IT upgrade.
Unable to withdraw funds online or send a secure message of any length.
They do sort the withdrawal by phoning them.

I had no problems withdrawing from my account, confirmation email received promptly too

londoner62

swanfan02 said:

chris_the_bee said:

Cambridge BS has suffered faults after their IT upgrade.
Unable to withdraw funds online or send a secure message of any length.
They do sort the withdrawal by phoning them.

I had no problems withdrawing from my account, confirmation email received promptly too

Also, no problems with Cambs. 
I was on the 1% RS and there was no mention of my ability to take out the 3% offer (after a years membership) in the options but that message/enquiry was answered promptly to my satisfaction!
I had no problem with the secure message system. Funds kept for the new account and balance transferred to the nominated account.

cosh25

Not sure if its been mentioned, but the Leeds Building Society are increasing the rate on its current and previous issues of its Regular Saver account to 2.45% from 1st November.

Just an FYI if anyone still has one or is interested. 

Bridlington1

cosh25 said:

Not sure if its been mentioned, but the Leeds Building Society are increasing the rate on its current and previous issues of its Regular Saver account to 2.45% from 1st November.

Just an FYI if anyone still has one or is interested. 

I closed my Leeds regular saver a few weeks ago. If 2.45% is the best they can do I'm glad I did.

Section62

Daliah said:

Section62 said:

You also have to set up a nominated account rather than using any saved payees you used in the past.

I have a nominated account already set up in all my Cambridge accounts already. Is there somewhere else I need to register a nominated account?

I'm not sure - due to the changes and the new system not working I wasn't able to see any information about payees within my online account.  I phoned to find out how to do a withdrawal with the new system and the CSA said that a nominated account had to be set up because the previous payee details (which he could see) weren't accessible to use anymore.

Setting up the nominated account was relatively straightforward, but they wanted to do an ID check (via Experian) using the account details.  In my case that failed, they said this had happened with other people and was probably because the nominated account was too old for Experian to know about. Using a different current account worked fine and the withdrawal arrived there within a couple of hours.

Daliah

Section62 said:

Daliah said:

Section62 said:

You also have to set up a nominated account rather than using any saved payees you used in the past.

I have a nominated account already set up in all my Cambridge accounts already. Is there somewhere else I need to register a nominated account?

I'm not sure - due to the changes and the new system not working I wasn't able to see any information about payees within my online account.  I phoned to find out how to do a withdrawal with the new system and the CSA said that a nominated account had to be set up because the previous payee details (which he could see) weren't accessible to use anymore.

Setting up the nominated account was relatively straightforward, but they wanted to do an ID check (via Experian) using the account details.  In my case that failed, they said this had happened with other people and was probably because the nominated account was too old for Experian to know about. Using a different current account worked fine and the withdrawal arrived there within a couple of hours.

Sounds all very odd. as I said, I can see a nominated account in each of my Cambridge accounts, and no option to change it.