Regular Savings Accounts: The Best Currently Available List!

ForumUser7

Big_W said:

JamesRobinson48 said:

Monmouthshire BS has today withdrawn its Coronation Regular Saver Account (5.60% variable).

On the subject of Monmouthshire Coronation Regular Saver; We were aware of earlier IT problems with Monmouthshire. Thought these were fixed, but I then tried another "test" £10 standing order (I wasn't up to the monthly limit) that went on the 9th May, but did not appear in Monmouthshire's online banking until today 13th May - 4 days later.

Has anybody else noticed this continuing delay with payments to Monmouthshire, or with any other BS using the same IT platform that many smaller BS use?

The times vary even between those that use the same platform.

I've sent payments into Bath BS RSs at midnight on a Tuesday that have showed by ~16:30 Tuesday.
Whereas HRBS I've sent at midnight on a Tuesday that have showed ~01:40 Thursday

With Monmouthshire BS, I've found payments I make in on a Monday at midnight show at some stage on the Tuesday - I cannot remember exactly when though.

All of the above were faster payments, not standing orders - but I don't know how much difference that would/should make.

flaneurs_lobster

Big_W said:

Has anybody else noticed this continuing delay with payments to Monmouthshire, or with any other BS using the same IT platform that many smaller BS use?

I'd like to have gotten this far, opened Coronation RS by post in April, received passbook etc. Applied for online access and have been waiting for the necessary credentials to be sent by mail ever since. 

Couple of calls to their charming CS have elicited assurances that they are "in the post". 

Don't want to further fund this account until I can access online so both MonBS and me are missing out. 

Big_W

ForumUser7 said:

Big_W said:

JamesRobinson48 said:

Monmouthshire BS has today withdrawn its Coronation Regular Saver Account (5.60% variable).

On the subject of Monmouthshire Coronation Regular Saver; We were aware of earlier IT problems with Monmouthshire. Thought these were fixed, but I then tried another "test" £10 standing order (I wasn't up to the monthly limit) that went on the 9th May, but did not appear in Monmouthshire's online banking until today 13th May - 4 days later.

Has anybody else noticed this continuing delay with payments to Monmouthshire, or with any other BS using the same IT platform that many smaller BS use?

The times vary even between those that use the same platform.

I've sent payments into Bath BS RSs at midnight on a Tuesday that have showed by ~16:30 Tuesday.
Whereas HRBS I've sent at midnight on a Tuesday that have showed ~01:40 Thursday

With Monmouthshire BS, I've found payments I make in on a Monday at midnight show at some stage on the Tuesday - I cannot remember exactly when though.

All of the above were faster payments, not standing orders - but I don't know how much difference that would/should make.

Ta for the reply.  I don't get twitchy over the timescales you are quoting, but 4 days for me seems a bit much. I appreciate the difference between manual faster payments and standing orders.

Section62

ForumUser7 said:

To those who have a large RS portfolio, how have you found the Coventry RS 5 please? Does it tend to keep up with the others? Is it usually mid market? Does it ever get that far left behind?

I'm on my second one and have been quite happy with both.

The only thing to be aware of is it is an anniversary account, not a calendar one, and if you try paying money in before the anniversary date each month then the money will be returned to you.  For people who like their SO/payments to go out on the 1st (or payday) this can be an annoyance.

Big_W

flaneurs_lobster said:

Big_W said:

Has anybody else noticed this continuing delay with payments to Monmouthshire, or with any other BS using the same IT platform that many smaller BS use?

I'd like to have gotten this far, opened Coronation RS by post in April, received passbook etc. Applied for online access and have been waiting for the necessary credentials to be sent by mail ever since. 

Couple of calls to their charming CS have elicited assurances that they are "in the post". 

Don't want to further fund this account until I can access online so both MonBS and me are missing out. 

I understand the caution.  I didn't have this wait, as already registered with Monmouthshire online from accounts closed previously. 

subjecttocontract

flaneurs_lobster said:

Big_W said:

Has anybody else noticed this continuing delay with payments to Monmouthshire, or with any other BS using the same IT platform that many smaller BS use?

I'd like to have gotten this far, opened Coronation RS by post in April, received passbook etc. Applied for online access and have been waiting for the necessary credentials to be sent by mail ever since. 

Couple of calls to their charming CS have elicited assurances that they are "in the post". 

Don't want to further fund this account until I can access online so both MonBS and me are missing out. 

Yes me too. I've asked x3 times now for a MonBS user ID.....it has NEVER arrived. I also cannot access my MonBS account  online and I opened the first account last December. I'm not that bothered but I don't like being ignored. 

Wheres_My_Cashback

Feeder accounts

Kroo Current up to 3.60% AER from 01/06

Chase Saver up to 3.30% AER from 22/05

JamesRobinson48

Santander has an RS paying 5.00% fixed (12 months, max £200 pm).  I haven't seen it on here so I imagine it might be new today.  Seems like a big improvement on their previous RS rate.

https://www.santander.co.uk/personal/savings-and-investments/savings/regular-esaver

dekkard

JamesRobinson48 said:

Santander has an RS paying 5.00% fixed (12 months, max £200 pm).  I haven't seen it on here so I imagine it might be new today.  Seems like a big improvement on their previous RS rate.

https://www.santander.co.uk/personal/savings-and-investments/savings/regular-esaver

Must have a Santander current account to open it.

Bridlington1

JamesRobinson48 said:

Santander has an RS paying 5.00% fixed (12 months, max £200 pm).  I haven't seen it on here so I imagine it might be new today.  Seems like a big improvement on their previous RS rate.

https://www.santander.co.uk/personal/savings-and-investments/savings/regular-esaver

Many thanks for this. My account is now open and funded.