Regular Savings Accounts: The Best Currently Available List!

ForumUser7

trickydicky14 said:

Furness Building Soc regular saver.

Sent off application form and cheque 10 days ago and as yet, nothing. Rang up yesterday only to be told we have a small backlog and don’t forget the postal strike. And as yet they have no idea where my application may be.

Anyone else applied for this over the past few weeks?

@trickydicky14 I posted mine first class 14/11/2022. I got my account number when I called up on 23/11/2022 and they say it was opened on 21/11/2022. My passbook etc. arrived on 29/11/2022.

10_66

trickydicky14 said:

Furness Building Soc regular saver.

Sent off application form and cheque 10 days ago and as yet, nothing. Rang up yesterday only to be told we have a small backlog and don’t forget the postal strike. And as yet they have no idea where my application may be.

Anyone else applied for this over the past few weeks?

I can't recall the exact date I posted mine off, but when I hadn't heard anything from them I rang to make sure they'd received it.  Very helpful lady chased it for me and so was opened the same day (16th Nov), I wasn't bothered when they opened it though, just wanted to be sure they'd received it due to postal issues.  Book received within a day or two of that (postal service permitting).

TwiceNightly

First Direct is painfully slow, told I need to wait a few days for it to show up 'on their screens'. Takes an age for them to answer the phone too and when I try to open a standard easy access saver, which you need to phone them up for and can't do on the app, I am told I need to wait for a password to be sent to me in the post, even though I have full access to online banking.

Bit of a mess really, the phone operator couldn't even understand how I had access to my sort code and account number without receiving it in the post (you get it in the app when you register for online banking).

I think I'll withdraw and take it back to my other accounts.

t1redmonkey

Reminder that the Nationwide Start to Save (issue 2) has been bumped up to 5% today (it hasn't had as much publicity as some other rate increases but still decent!).

schiff

DARLINGTON

I sent this to them on 15/11: "Good day. I have a fair portion of my savings invested with DBS. I've been eagerly waiting for an increase in the interest rate as I'm now getting higher interest on ready access money which arrives in minutes. So why am I dribbling money into DBS each month when it's easier to play around with little or no restrictions? I don't particularly want to withdraw my money but I can only wait so long. I'm relying on you!"

I've been with them since it became public on here and have had four accounts going filled with the max. I've toyed with the idea of withdrawing but on the basis that I would have been disappointed had the rate increased, I kept them open but didn't deposit in November till yesterday on the announcement. If I want I can deposit £1500 per month.

I've made a similar winge to Nationwide on the lack of a follow up £250 RS. Maybe that will work too!

happybagger

schiff said:

DARLINGTON

I sent this to them on 15/11: "Good day. I have a fair portion of my savings invested with DBS. I've been eagerly waiting for an increase in the interest rate as I'm now getting higher interest on ready access money which arrives in minutes. So why am I dribbling money into DBS each month when it's easier to play around with little or no restrictions? I don't particularly want to withdraw my money but I can only wait so long. I'm relying on you!"

Well they listened, in part, with the RS and SOS going to 3.5%. But maybe you hadn't got the old High Days RS account since they only upped that to 2.6%

ClaraSolis

t1redmonkey said:

Reminder that the Nationwide Start to Save (issue 2) has been bumped up to 5% today (it hasn't had as much publicity as some other rate increases but still decent!).

Maybe I'm reading it wrong, but can you only put in £25-£50 per month in this account?

ColdIron

That's right

Bridlington1

trickydicky14 said:

Furness Building Soc regular saver.

Sent off application form and cheque 10 days ago and as yet, nothing. Rang up yesterday only to be told we have a small backlog and don’t forget the postal strike. And as yet they have no idea where my application may be.

Anyone else applied for this over the past few weeks?

I opened mine 3 weeks ago without issues (passbook arrived within 3 working days of me sending the application form off). I think they've got a point regarding postal strikes. I keep going a week or so with no post, then all of a sudden 20 letters show up at once. I imagine Furness BS are having the same problem, no applications arrive for several days then all of a sudden a week's worth shows up. Most of my post now arrives 1-2 weeks after being sent. It could also be lost in the post given the shear extra volume the posties are having to deliver on non-strike days causing them to rush. I've received my next door neighbour's post a few times recently as an example.

ForumUser7

Monmouthshire BS Christmas Saver Bond (Issue 5) 5.50% (24/11) https://www.monbs.com/products/christmas-saver-bond-issue-5/

01/12 NLA for new postal applications. It is still available in branch or agency. Existing postal applications will be processed.