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Regular Savings Accounts: The Best Currently Available List!

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  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 28 April 2023 at 6:22PM
    Just thought I'd share some info that was mentioned to me by a branch worker when I opened the Monmouthshire BS Coronation Saver recently; they are apparently developing an app at the moment which they are hoping to release later this year, so should be a bit more convenient for those of us who prefer using apps to access their accounts :)
    Are you talking about this ??
     https://www.monbs.com/products/coronation-regular-saver/
    "This account is currently only available to be opened by visiting one of our Branches or Agencies. "
    Are they allow the existing member to apply via post ??
    Whether  could be opened via app later, let see.
  • Dietofsoup
    Dietofsoup Posts: 23 Forumite
    10 Posts Name Dropper
    adindas said:
    Just thought I'd share some info that was mentioned to me by a branch worker when I opened the Monmouthshire BS Coronation Saver recently; they are apparently developing an app at the moment which they are hoping to release later this year, so should be a bit more convenient for those of us who prefer using apps to access their accounts :)
    Are you talking about this ??
     https://www.monbs.com/products/coronation-regular-saver/
    "This account is currently only available to be opened by visiting one of our Branches or Agencies. "
    Are they allow the existing member to apply via post ??
    Whether  could be opened via app later, let see.
    /.

    Print off the generic savings application form from their website, attach a cheque and send to their head office.

    These fantastic Kazza instructions have been lost somewhere in this thread (a couple of times).

    This is probably  the reason this should have been a separate and identifiable threads days ago

    For anyone wondering you need not post the day you sent off your postal application on this thread as part of the T&C
  • nomorekids
    nomorekids Posts: 446 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker


    Are you talking about this ??
     https://www.monbs.com/products/coronation-regular-saver/
    "This account is currently only available to be opened by visiting one of our Branches or Agencies. "
    Are they allow the existing member to apply via post ??
    Whether  could be opened via app later, let see.
    Yes see above, I and many other existing customers no where near a branch have successfully applied by post  :)

    If you want to be rich, never, ever have kids ;)
  • where_are_we
    where_are_we Posts: 1,222 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    MONBSCRS - Band7 Ditto. I was beginning to worry the opening deposit wouldn`t be credited in April. Now I will have £600 in at the beginning of May. For those setting up the 11 SO`s remember to put Monmouthshire Building Society in as the name and use Business account option not personal and confirmation of payee will work. Sort code and account number can be found at front of passbook and remember to put you account number in as reference. I set up the £300 SO`s to start 1/5/23 and end 1 /3/24. I realise that the SO will not go in until the 2/5 because of the bank holiday and there will be those who do a manual payment on 1/5 to gain a couple of pence interest. Many thanks to Kazza who flagged this all up! For those still waiting I think there is a reasonable chance their opening deposit will be credited in April if they posted off about a week ago. Then they will still be able to make 2nd deposit at the beginning of May albeit one or two days late. Congratulations to MONBS and Royal Mail for an efficient service.
  • allegro120
    allegro120 Posts: 1,900 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Band7 said:
    badger09 said:
    Ps3725 said:
    Sent application for Monmouthshire Coronation on 24th April by 2nd class post, the account was opened on 27th Apr. Received my passbook today.  Much quicker than I expected.
    I sent mine 1st class on 21st and heard nothing yet - perhaps I'd better contact them?
    Me too on 21st. Hope to hear tomorrow or Tuesday. 
    Me 3. 
    Posted 1st class 21st with cheque for £300 to MONBS HO address
    With a bit of luck, you are just one day behind. I also posted my cheque 1st class to MONBS HQ on the 21st.

    Received the passbook with cheque credited April 27. As of now, the cheque doesn't even show on my current account, not to talk about having cleared. Great service from MONBS this time round, looks they definitely have their act together on this one. Although as always.....online application, and doing away with the passbook/cheque malarky would be even better.
    I can see my £3 cheque credited, but £297 transfer I've made this morning is not showing, I fear it might be a cash drag until 2nd May, however my previous deposits to MON-Christmas at weekends were credited on the same day.
  • Band7 said:
    badger09 said:
    Ps3725 said:
    Sent application for Monmouthshire Coronation on 24th April by 2nd class post, the account was opened on 27th Apr. Received my passbook today.  Much quicker than I expected.
    I sent mine 1st class on 21st and heard nothing yet - perhaps I'd better contact them?
    Me too on 21st. Hope to hear tomorrow or Tuesday. 
    Me 3. 
    Posted 1st class 21st with cheque for £300 to MONBS HO address
    With a bit of luck, you are just one day behind. I also posted my cheque 1st class to MONBS HQ on the 21st.

    Received the passbook with cheque credited April 27. As of now, the cheque doesn't even show on my current account, not to talk about having cleared. Great service from MONBS this time round, looks they definitely have their act together on this one. Although as always.....online application, and doing away with the passbook/cheque malarky would be even better.
    I can see my £3 cheque credited, but £297 transfer I've made this morning is not showing, I fear it might be a cash drag until 2nd May, however my previous deposits to MON-Christmas at weekends were credited on the same day.
    Will process overnight and show tomorrow as credited today. MON FPs never show until the next day.
  • veggieblob
    veggieblob Posts: 648 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Nationwide Start to Save Iss 2 is increasing from 5% to 5.25% on 1st May.  Also increases on other non RS accounts.
  • drphila
    drphila Posts: 339 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Sent application for Monmouthshire Coronation on 24th April by 2nd class post, the account was opened on 27th Apr. Received my passbook today.  Much quicker than I expected.
    I sent mine 1st class on 21st and heard nothing yet - perhaps I'd better contact them?

    When I called them on 27th there was a pre-recorded message saying they were dealing with a large number of applications (presumably for the Coronation RS) and it took several attempts to get through
  • Ps3725
    Ps3725 Posts: 7 Forumite
    Second Anniversary First Post
    drphila said:
    When I called them on 27th there was a pre-recorded message saying they were dealing with a large number of applications (presumably for the Coronation RS) and it took several attempts to get through
    I wonder if somehow word has got out that the Mon BS is now accepting postal applications?  How could that have happened?

    drphila said:
    When I called them on 27th there was a pre-recorded message saying they were dealing with a large number of applications (presumably for the Coronation RS) and it took several attempts to get through
    I wonder if somehow word has got out that the Mon BS is now accepting postal applications?  How could that have happened?

    Looks to me  like Monmouth BS website has now removed the link to download the savings application form. 
  • Gandalf644
    Gandalf644 Posts: 123 Forumite
    Fourth Anniversary 100 Posts Photogenic Name Dropper

    Is it just me, or does the Darlington Building Society Regular Monthly Saver seem to be getting left behind in the interest rate stakes?

    It was once a bit of a leading light (with its former Special Occasions Saver etc) but the rate has been becalmed on 3.8% since 23rd January 2023 despite there being two BOE interest rate rises since.

    It seems relatively poor now that regular savings rates of at least 4%+  are easily achievable.

    Perhaps it is time to look elsewhere?




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