Regular Savings Accounts: The Best Currently Available List!

SJMALBA

Currently going through the application process for the MBS 7%, and have reached section 7, including '... I will transfer my rights... windfall conversion benefits...'
What's that all about?

saverbynature

Don't Monmouth BS proof read what they load online? The website shows the new Regular Saver account interest as 7% variable but when you select the Regular Saver it changes to 7% fixed! However further down it does then have: "Not suitable for you if:

   You would like a fixed interest rate on your savings.

Nick_C

SJMALBA said:

Currently going through the application process for the MBS 7%, and have reached section 7, including '... I will transfer my rights... windfall conversion benefits...'
What's that all about?

It's to stop carpetbaggers voting to sell off the few remaining mutuals. 

surreysaver

SJMALBA said:

Currently going through the application process for the MBS 7%, and have reached section 7, including '... I will transfer my rights... windfall conversion benefits...'
What's that all about?

Its been going on for about 35 years. When building societies used to get bought out, members (customers) would receive shares. They put a stop to that years ago, by getting you to sign your rights away 

SJMALBA

Nick_C said:

SJMALBA said:

Currently going through the application process for the MBS 7%, and have reached section 7, including '... I will transfer my rights... windfall conversion benefits...'
What's that all about?

It's to stop carpetbaggers voting to sell off the few remaining mutuals. 

Thanks for the quick answer - was worried the application might time out by the time I'd tracked down the answer myself!

Application complete. 

dcs34

One of those who applied for both using the previous online form around 11am today. If the application form has changed, is it worth applying again?

BestSeagull

lcooper said:

pecunianonolet said:

t1redmonkey said:

Bridlington1 said:

Online applications appear to be back again.

Looks like they've added some bits to the application, so must've taken it offline to add those in.  Just had a quick look at first couple of steps and there are additional questions around source of funds, and on the second page around when you started residing at current address.  Maybe other additions later on in the app process.

It's a totally different form now. The first version online seemed more tailored to the regular saver and gave you a free text field at the end for any additional info and linked back to the terms and summary box. The form now, OH applied just now for both, is the same as for the Easy Saver and seems very generic. 

I wonder how long it will take before they take it offline again. Once it is on MSE front page or thisismoney.co.uk and other news outlets they will get swamped with applications.

They seem to be all maxed out and over the floor already. When you try calling them, they hang up on you before you even get to talk to a person.

I'm really surprised at MBS aiming for the top of the tables after they were so overwhelmed with the Premium Instant account a while back. I felt sorry for them, they are so nice but were just drowning.

t1redmonkey

BestSeagull said:

lcooper said:

pecunianonolet said:

t1redmonkey said:

Bridlington1 said:

Online applications appear to be back again.

Looks like they've added some bits to the application, so must've taken it offline to add those in.  Just had a quick look at first couple of steps and there are additional questions around source of funds, and on the second page around when you started residing at current address.  Maybe other additions later on in the app process.

It's a totally different form now. The first version online seemed more tailored to the regular saver and gave you a free text field at the end for any additional info and linked back to the terms and summary box. The form now, OH applied just now for both, is the same as for the Easy Saver and seems very generic. 

I wonder how long it will take before they take it offline again. Once it is on MSE front page or thisismoney.co.uk and other news outlets they will get swamped with applications.

They seem to be all maxed out and over the floor already. When you try calling them, they hang up on you before you even get to talk to a person.

I'm really surprised at MBS aiming for the top of the tables after they were so overwhelmed with the Premium Instant account a while back. I felt sorry for them, they are so nice but were just drowning.

They definitely should review how they handle new product launches, they seem to get something wrong with every new product they bring out.

dlevene

I'm attempting to get on board the Monmouthshire bandwagon and came across a bit of info that may be of interest...

So I saw the messages on this thread yesterday, and thought I'd open an easy access account straight away in case in meant I was eligible for the 8% regular saver. The application for the EA went fine, though didn't get anything by email etc.

I just gave them a call to a) check the EA app went through and b) check if eligible for the 8% RS. Got through immediately, spoke to a very helpful agent. She confirmed that a) yes, but that b) to be eligible for the 8% RS, a customer needed to have a funded account prior to today. So... no. A shame but not unreasonable to be honest.

I've applied for the 7% RS, and might give the 8% a go anyway!

Catplan

t1redmonkey said:

Bridlington1 said:

Online applications appear to be back again.

Looks like they've added some bits to the application, so must've taken it offline to add those in.  Just had a quick look at first couple of steps and there are additional questions around source of funds, and on the second page around when you started residing at current address.  Maybe other additions later on in the app process.

Both of these questions where asked when opening easy access saver as well