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

MarkFromCornwall

shirley999 said:

The Newcastle Building Society then!  (T/a Manchester Building Society)

Yes.  When I clicked on their link about how to fund the new (Manchester) account it sent me to a page on the Newcastly Building Society website.

Bob2000

Just tried to log in using my NBS credentials  and didn't recognise them.
So, is this a standalone institution even if you have Newcastle products?

DealSeeker11

I can’t seem to see anything in Manchester BS RS terms that says you can’t apply if you already have one with Newcastle BS… £500/month and withdrawals are allowed, I’m definitely interested.

janusd

cosh25 said:

Not sure if its been noted, but the ‘new’ Manchester Building Society has relaunched. 

They are offering a regular saver 5.50% for 24 months. Can save up to £500 a month with easy access allowed. Can be opened in their new branch or online 

https://manchester.co.uk/savings/product/manchester-regular-saver-issue-1

also, after the initial £1 min funding, you don't need to make a monthly deposit.

there does seem to be an error in the welcome pack pdf attachment where it gives their account number as "0000001" - so just 7 characters - my bank throw a wobbly at that, so added a leading 0, but then it fails CoP... i've sent them a message and will try again with the leading zero tomorrow when CoP should be valid.

ForumUser7

Manchester BS FSCS Warning

Beware that the FSCS limit is shared between Manchester and Newcastle BS

clivep

gt94sss2 said:

clivep said:

DealSeeker11 said:

I can’t seem to see anything in Manchester BS RS terms that says you can’t apply if you already have one with Newcastle BS… £500/month and withdrawals are allowed, I’m definitely interested.

Manchester BS RS...

I just opened one (I already have one with Newcastle). Easy enough but a bit of a pain that deposits can only come from the linked a/c (unlike Newcastle's).

Secure message says to send funds to:

Account Number: 0000001
Sort code: 23-02-95

Reference: *******

Very strange to have  a 7 digit a/c no and a 7 digit reference number!

It's a mistake. The account number should be: 00000001 as confirmed under the "How do I fund my account?" on https://manchester.co.uk/help-and-support/savings/savings-faq

Similarly, the email confirmation of a deposit incorrectly states "You can make unlimited deposits up to £250, each calendar month".

Manchester BS RS...

Thanks for that, I was just about to investigate further.

I note the FAQ also says "Your account number is a 13-digit account number which can be found in your welcome letter or by logging into your account online. Please ensure that your account number is entered exactly as shown including any uppercase letters".

The full a/c. no. in the welcome letter is of the format XXX 9999999 XXX which is alphanumeric and 15 characters if you include the spaces as they have! Without the spaces it's still not numeric. Furthermore, the illustration shows entering only the 7 digits for the reference no.

janusd

gt94sss2 said:

clivep said:

DealSeeker11 said:

I can’t seem to see anything in Manchester BS RS terms that says you can’t apply if you already have one with Newcastle BS… £500/month and withdrawals are allowed, I’m definitely interested.

Manchester BS RS...

I just opened one (I already have one with Newcastle). Easy enough but a bit of a pain that deposits can only come from the linked a/c (unlike Newcastle's).

Secure message says to send funds to:

Account Number: 0000001
Sort code: 23-02-95

Reference: *******

Very strange to have  a 7 digit a/c no and a 7 digit reference number!

It's a mistake. The account number should be: 00000001 as confirmed under the "How do I fund my account?" on https://manchester.co.uk/help-and-support/savings/savings-faq

can confirm that with the additional 0 in the account number, and the 7 digit reference number, the account is now passing CoP.

Aidanmc

Re Manchester BS,
I just applied for the RS as a new customer.
Received user id, but when i try to log in i get 'Site Error' message

janusd

Aidanmc said:

Re Manchester BS,
I just applied for the RS as a new customer.
Received user id, but when i try to log in i get 'Site Error' message

when I first got the user id, I was unable to login - I had to reset the password and now I can login without issue.

jameseonline

cosh25 said:

Not sure if its been noted, but the ‘new’ Manchester Building Society has relaunched. 

They are offering a regular saver 5.50% for 24 months. Can save up to £500 a month with easy access allowed. Can be opened in their new branch or online 

https://manchester.co.uk/savings/product/manchester-regular-saver-issue-1

The new Manchester BS has been mentioned on the Companies without savings apps thread, but I don't think anyone haa mentioned a regular saver yet, interesting rate & deposit limits, 24 months though.

There's clearly better accounts around though.