The Old Regular Savers Discussion Thread 28/12/24-29/1/26

Bridlington1

rob37uk said:

WillPS said:

rob37uk said:

Bridlington1 said:

Mansfield BS have launched a My Milestone Saver at 6% variable (includes 2.75% bonus for 12 months)

£500/mth max
Branch/post only
1 withdrawal per calendar year including closure

Very quick application form, only 4 pages need printing rather than the 6. Freepost address previously used:-

Mansfield BS

Freepost NG44

Regent House

Regent Street

Mansfield

Nottinghamshire

NG18 1BR

Where is this address presented? Seems a little risky to use a Freepost address which the society might have stopped paying for the use of.

EDIT: the only hits for the address on Google are on this board, one from 2022 (no confirmation it worked) and the other from 2008!

If worried, I suggest a stamp.

Or better still get them to send a prepaid envelope. I've never had to pay for postage with Mansfield.

masonic

Mansfield: I'm in two minds about this one, but may bite. Anyone know what the ID situation is? There's a reference to a leaflet, but that doesn't seem to be on the website. Do most get verified electronically?

WillPS

rob37uk said:

WillPS said:

rob37uk said:

Bridlington1 said:

Mansfield BS have launched a My Milestone Saver at 6% variable (includes 2.75% bonus for 12 months)

£500/mth max
Branch/post only
1 withdrawal per calendar year including closure

Very quick application form, only 4 pages need printing rather than the 6. Freepost address previously used:-

Mansfield BS

Freepost NG44

Regent House

Regent Street

Mansfield

Nottinghamshire

NG18 1BR

Where is this address presented? Seems a little risky to use a Freepost address which the society might have stopped paying for the use of.

EDIT: the only hits for the address on Google are on this board, one from 2022 (no confirmation it worked) and the other from 2008!

It is listed here in this very old thread CarpetBagging- The best accounts to open at each Building Society — MoneySavingExpert Forum but I have used it successfully in the last year. If worried, I suggest a stamp.

As above, will await a reply paid envelope ta, just advising against using Freepost addresses which only exist on a user contributed forum; particularly in the context of a discussion about returning a passbook (which they charge £10 for a replacement for if lost).

Bridlington1

masonic said:

Mansfield: I'm in two minds about this one, but may bite. Anyone know what the ID situation is? There's a reference to a leaflet, but that doesn't seem to be on the website. Do most get verified electronically?

They try to verify your identity electronically but may ask you for ID if they can't do this for whatever reason.

IIRC I didn't need to send ID for my first account. For later accounts I've opened I've often just sent one of my other passbooks to be updated with the application form and they've opened the account without issues.

Application forms can be requested via a webform, beware though if using autofill they have an ``anti-bot feature" in the form of an extra box that's usually ticked if using autofill.

They also do have a freephone number that I used not so long back (their AGM helpline) that puts you through to their branches.

wmb194

masonic said:

Mansfield: I'm in two minds about this one, but may bite. Anyone know what the ID situation is? There's a reference to a leaflet, but that doesn't seem to be on the website. Do most get verified electronically?

The ID verification process is in the You and Your Savings Account leaflet. "Wherever we can, we’ll meet our ID requirements by doing an Electronic Search." https://www.mansfieldbs.co.uk/useful-downloads-for-savers/

allegro120

masonic said:

Mansfield: I'm in two minds about this one, but may bite. Anyone know what the ID situation is? There's a reference to a leaflet, but that doesn't seem to be on the website. Do most get verified electronically?

I got verified electronically, it was about 3 years ago though.

Pickledonionlover

rob37uk said:

Bridlington1 said:

Mansfield BS have launched a My Milestone Saver at 6% variable (includes 2.75% bonus for 12 months)

£500/mth max
Branch/post only
1 withdrawal per calendar year including closure

Very quick application form, only 4 pages need printing rather than the 6. Freepost address previously used:-

Mansfield BS

Freepost NG44

Regent House

Regent Street

Mansfield

Nottinghamshire

NG18 1BR

They've coughed and spluttered when I've not printed and enclosed the whole six before.

In any case I'll be using an old prepaid envelope.

In fact it's in the post box now!

Born2Save_3

MansfieldBS My Milestone Saver

It's not clear to me if a monthly deposit is mandatory or not and if missed what the consequences may be.

"A minimum of £1 per month must be deposited in order to open and operate the account."

Also Mansfield is making rate reductions on variable accounts on 1/2/26, will this account be affected ?

https://www.mansfieldbs.co.uk/latest-news/interest-rate-reductions-following-bank-of-england-base-rate-changes-on-18-december-2025/

Dizzycap

Pickledonionlover said:

rob37uk said:

Bridlington1 said:

Mansfield BS have launched a My Milestone Saver at 6% variable (includes 2.75% bonus for 12 months)

£500/mth max
Branch/post only
1 withdrawal per calendar year including closure

Very quick application form, only 4 pages need printing rather than the 6. Freepost address previously used:-

Mansfield BS

Freepost NG44

Regent House

Regent Street

Mansfield

Nottinghamshire

NG18 1BR

They've coughed and spluttered when I've not printed and enclosed the whole six before.

In any case I'll be using an old prepaid envelope.

In fact it's in the post box now!

Mine too, complete with all 6 printed pages as we can't have tutting or coughing & spluttering now, can we  

Bridlington1

Born2Save_3 said:

MansfieldBS My Milestone Saver

[...]

Also Mansfield is making rate reductions on variable accounts on 1/2/26, will this account be affected ?

https://www.mansfieldbs.co.uk/latest-news/interest-rate-reductions-following-bank-of-england-base-rate-changes-on-18-december-2025/

I wouldn't've thought it was being affected. Mansfield have to give at least 14 days notice of any rate cuts and 
we're only a week and a half from 1st February. Moreover affected accounts currently have their rate cuts detailed on their respective product pages.

Whether it'll survive future rounds of interest rate cuts remains to be seen.