The Top Regular Savers Discussion Thread

jaypers

Slinky said:

[Deleted User] said:

Slinky said:

First standing order payment for the Furness RS has gone today, not currently showing up in the Furness account. Presume it will show tomorrow, is this normal?

Yes it shows up next working day.

It's showing in my account this morning as having been received today rather than yesterday. In these days of instant transfers, where does it go overnight I wonder, and who gets the benefit from it?

It’s annoying and I find Furness slower than most TBH. It effectively goes into their account until such time as they run their processing to credit their internal accounts. They must do this on ‘Working Day 1’ and next morning, ‘Working Day 2’ run some sort of processing to credit their internal customer accounts. Could be quicker and don’t really understand why they don’t do something at the end of each day as well as the start. Saying this, suspect their IT and processes are out of date. 

surreysaver

Letter received in the post yesterday advising my Nottinghamshire Branch Issue 1 Regular Saver reducing to 5.5% from 5.75% on 18th March 

WillPS

surreysaver said:

Letter received in the post yesterday advising my Nottinghamshire Branch Issue 1 Regular Saver reducing to 5.5% from 5.75% on 18th March 

Disappointing but not surprising. I presume this will follow the base rate until maturity now.

savethepandas

Co-op RS

Application made on 27th February.

Account now showing on the website (not there late last night), but no email from co-op telling me it is open.

AndyTh_2

savethepandas said:

Co-op RS

Application made on 27th February.

Account now showing on the website (not there late last night), but no email from co-op telling me it is open.

Thanks, I applied that day too and haven't got an email but your message made me check and found it

Section62

savethepandas said:

Co-op RS

Application made on 27th February.

Account now showing on the website (not there late last night), but no email from co-op telling me it is open.

Co-op

Ditto.

I've no idea what they were doing for the 4 full days.  They make Monmouthshire BS look efficient.

dealyboy

savethepandas said:

Co-op RS

Application made on 27th February.

Account now showing on the website (not there late last night), but no email from co-op telling me it is open.

Co-op Regular Saver application

I made my application on Saturday 1st March (maturity date) and received an application accepted e-mail an hour later. I also just checked thanks to @savethepandas and the account is there in the online banking dashboard. I transferred £250 in and it is showing as available.

subjecttocontract

Section62 said:

savethepandas said:

Co-op RS

Application made on 27th February.

Account now showing on the website (not there late last night), but no email from co-op telling me it is open.

Co-op

Ditto.

I've no idea what they were doing for the 4 full days.  They make Monmouthshire BS look efficient.

Were you expecting them to work over the weekend ?

Stargunner

My Co-op RS that I applied for on Saturday, also appeared today.
As the 12 month duration doesn't start until you fund it and the Co-op allow you 30 days to fund it, I will hold off funding it until towards the end of this month.

Section62

subjecttocontract said:

Section62 said:

savethepandas said:

Co-op RS

Application made on 27th February.

Account now showing on the website (not there late last night), but no email from co-op telling me it is open.

Co-op

Ditto.

I've no idea what they were doing for the 4 full days.  They make Monmouthshire BS look efficient.

Were you expecting them to work over the weekend ?

Not really, but I would expect them to do what most other banks do and have automated systems to manage the application and setting up process for new accounts.