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

What_time_is_it

If sending a Monmouthshire application form by post, should I write £0 in the section about how much I would like to invest?

mon3ysav3r

What_time_is_it said:

If sending a Monmouthshire application form by post, should I write £0 in the section about how much I would like to invest?

I think I put 500, and sent no cheque and they opening the account fine. I never worry too much about these questions, I might invest more, or I might not!

Kim_13

What_time_is_it said:

If sending a Monmouthshire application form by post, should I write £0 in the section about how much I would like to invest?

Minimum is £1, so I would expect a decline if putting £0. Add by Faster Payment if you feel the need.

allegro120

What_time_is_it said:

If sending a Monmouthshire application form by post, should I write £0 in the section about how much I would like to invest?

I've sent cheque because it is more convenient for me, but if I didn't I would put £500.  I don't think it matters, but if you write £0 or more than £6k they might question if this account is suitable for you.

innocentlove

Monmouthshire Building Society Branch Exclusive Regular Saver Issue 1

"....Interest Rate AER / Gross - Variable:  7.00%

Minimum Balance: £50

Minimum / Maximum Regular Deposit: £0 minimum - £500 maximum per month...."

MBS enclosed a letter stating the minimum balance required for this account and returned my cheque which was less than £50.

Section62

DodgerPot said:

flykiller said:

I've just requested an application from from Monmouthsire and they wouldn't send one.  I mentioned that I'm a current customer.  He wouldnt budge.  

I’ve just printed off Savings Application Form as linked above 
And get into tomorrow’s post. 
I’m not going to send a cheque will just see if they accept and open the Branch Exclusive and then fund online 

I wonder if they are cracking down on applications by post for this account …… fingers crossed …. Will update if all goes ok 

I'd include a cheque.  An application form on its own (for an account you cant apply for by post) could simply go into the shredder.  An application form with a cheque should require the cheque to be paid in, or returned to the applicant.  If there's doubt, give yourself an advantage, no matter how small.

GetRichOrDieSaving

Could someone please confirm the maximum deposit limit for the Principality 7% Xmas Saver? 

Bridlington1

GetRichOrDieSaving said:

Could someone please confirm the maximum deposit limit for the Principality 7% Xmas Saver? 

£125 per calendar month subject to a maximum balance of £1.5k over the 12 month term.

flaneurs_lobster

GetRichOrDieSaving said:

Could someone please confirm the maximum deposit limit for the Principality 7% Xmas Saver? 

1 Thousand 500 Pounds.

GetRichOrDieSaving

Thank you both.