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

Digital_Payback

I've been trying to set up a payment to a new Beverley Reg. Saver.
I have the bank sort code as supplied (NatWest) and an odd account no. 00000000.
I input those details to my bank and then my 10 digit account number.
COP recognised the name on the account but registers an error in the account number.
What am I doing wrong?
Thanks. 

subjecttocontract

Stargunner said:

subjecttocontract said:

Yes I can understand that, the 4.15% would annoy me as well.
The Beverley 5.5% would annoy me as well, that's why it's not being opened by me. It would get shown up by all the others that provide a better return.

5.5% is higher than my EA savings accounts, so I have gone for it. 

Well it's hardly easy access. I thought that if you withdraw money from the account..... doesn't the interest paid stay at 1% ?

Stargunner

subjecttocontract said:

Stargunner said:

subjecttocontract said:

Yes I can understand that, the 4.15% would annoy me as well.
The Beverley 5.5% would annoy me as well, that's why it's not being opened by me. It would get shown up by all the others that provide a better return.

5.5% is higher than my EA savings accounts, so I have gone for it. 

Well it's hardly easy access. I thought that if you withdraw money from the account..... doesn't the interest paid stay at 1% ?

That is correct.

i don’t need it to be easy access, but as it pays more than my easy access accounts I have gone for it.

Stargunner

Digital_Payback said:

I've been trying to set up a payment to a new Beverley Reg. Saver.
I have the bank sort code as supplied (NatWest) and an odd account no. 00000000.
I input those details to my bank and then my 10 digit account number.
COP recognised the name on the account but registers an error in the account number.
What am I doing wrong?
Thanks. 

My payment went through fine earlier today from Santander 

Digital_Payback

Stargunner said:

Digital_Payback said:

I've been trying to set up a payment to a new Beverley Reg. Saver.
I have the bank sort code as supplied (NatWest) and an odd account no. 00000000.
I input those details to my bank and then my 10 digit account number.
COP recognised the name on the account but registers an error in the account number.
What am I doing wrong?
Thanks. 

My payment went through fine earlier today from Santander 

I’ll try again tomorrow. 

Did you use the same acc. no. 00000000?
Thanks for replying. 

subjecttocontract

Stargunner said:

subjecttocontract said:

Stargunner said:

subjecttocontract said:

Yes I can understand that, the 4.15% would annoy me as well.
The Beverley 5.5% would annoy me as well, that's why it's not being opened by me. It would get shown up by all the others that provide a better return.

5.5% is higher than my EA savings accounts, so I have gone for it. 

Well it's hardly easy access. I thought that if you withdraw money from the account..... doesn't the interest paid stay at 1% ?

That is correct.

i don’t need it to be easy access, but as it pays more than my easy access accounts I have gone for it.

I still don't understand the accounts attraction unless, you already have the many other reg savers that pay more than 5.5%.

Stargunner

Digital_Payback said:

Stargunner said:

Digital_Payback said:

I've been trying to set up a payment to a new Beverley Reg. Saver.
I have the bank sort code as supplied (NatWest) and an odd account no. 00000000.
I input those details to my bank and then my 10 digit account number.
COP recognised the name on the account but registers an error in the account number.
What am I doing wrong?
Thanks. 

My payment went through fine earlier today from Santander 

I’ll try again tomorrow. 

Did you use the same acc. no. 00000000?
Thanks for replying. 

Yes, that is the one

Stargunner

subjecttocontract said:

Stargunner said:

subjecttocontract said:

Stargunner said:

subjecttocontract said:

Yes I can understand that, the 4.15% would annoy me as well.
The Beverley 5.5% would annoy me as well, that's why it's not being opened by me. It would get shown up by all the others that provide a better return.

5.5% is higher than my EA savings accounts, so I have gone for it. 

Well it's hardly easy access. I thought that if you withdraw money from the account..... doesn't the interest paid stay at 1% ?

That is correct.

i don’t need it to be easy access, but as it pays more than my easy access accounts I have gone for it.

I still don't understand the accounts attraction unless, you already have the many other reg savers that pay more than 5.5%.

I have all the others. If I didn’t, I wouldn’t be going for it, as there are many better and more straightforward ones.

masonic

Digital_Payback said:

Stargunner said:

Digital_Payback said:

I've been trying to set up a payment to a new Beverley Reg. Saver.
I have the bank sort code as supplied (NatWest) and an odd account no. 00000000.
I input those details to my bank and then my 10 digit account number.
COP recognised the name on the account but registers an error in the account number.
What am I doing wrong?
Thanks. 

My payment went through fine earlier today from Santander 

I’ll try again tomorrow. 

Did you use the same acc. no. 00000000?
Thanks for replying. 

I don't think you've shared which bank you are sending from. I had an issue once where my bank (first direct on this occasion) insisted I used one of their pre-filled businesses rather than entering the details manually. This meant I was unable to benefit from COP, which was a little annoying. Though I doubt Beverley BS is likely to be included in such a list.

allegro120

subjecttocontract said:

Stargunner said:

subjecttocontract said:

Stargunner said:

subjecttocontract said:

Yes I can understand that, the 4.15% would annoy me as well.
The Beverley 5.5% would annoy me as well, that's why it's not being opened by me. It would get shown up by all the others that provide a better return.

5.5% is higher than my EA savings accounts, so I have gone for it. 

Well it's hardly easy access. I thought that if you withdraw money from the account..... doesn't the interest paid stay at 1% ?

That is correct.

i don’t need it to be easy access, but as it pays more than my easy access accounts I have gone for it.

I still don't understand the accounts attraction unless, you already have the many other reg savers that pay more than 5.5%.

I have all of them, so for me it is either keeping £150 at 5% or move it to 5.5%. That's the attraction, but I'm still thinking whether to go for Beverley or not.  I am not too keen on the exit strategy arrangement.