The Top Regular Savers Discussion Thread

Speculator

nomorekids said:

allegro120 said:

s71hj said:

jameseonline said:

flaneurs_lobster said:

friolento said:

My Monmouth BS Issue 8 is open and shows in the app. 

I had started the application in the app around 11pm last night but it didn’t complete and I just left it. This morning it had completed, without further intervention by myself. 

First £500 on their way now.

It seemed simple enough, very significantly faster than previous applications (ignoring that I was overly keen and tried to open the account earlier than it became officially available)

Mine's open too. Quid on its way.

I'm finding that the app is logging me out every time I move to another screen (filling in a new payee at my bank). which is fair enough, but logging back in demands a new OTP be generated each time despite having set up biometrics. This is a serious PITA.

I always have to double up on SMS codes because 1st time I request it doesn't advance to next screen on android app

Ditto. There's nowhere to put the 1st OTP in 

I've tried several times, received 3 OTPs, nowhere to put them in.  Then I've picked e-mail option, this somehow allowed me to input the code and open the account.

i concur, the only way i can use the app is with email two factor verification, sms ends in no way of entering the code

sms works but you got to select sms twice and they send you a second code. Don't enter the 1st code, enter the 2nd one.

nomorekids

Speculator said:

nomorekids said:

allegro120 said:

s71hj said:

jameseonline said:

flaneurs_lobster said:

friolento said:

My Monmouth BS Issue 8 is open and shows in the app. 

I had started the application in the app around 11pm last night but it didn’t complete and I just left it. This morning it had completed, without further intervention by myself. 

First £500 on their way now.

It seemed simple enough, very significantly faster than previous applications (ignoring that I was overly keen and tried to open the account earlier than it became officially available)

Mine's open too. Quid on its way.

I'm finding that the app is logging me out every time I move to another screen (filling in a new payee at my bank). which is fair enough, but logging back in demands a new OTP be generated each time despite having set up biometrics. This is a serious PITA.

I always have to double up on SMS codes because 1st time I request it doesn't advance to next screen on android app

Ditto. There's nowhere to put the 1st OTP in 

I've tried several times, received 3 OTPs, nowhere to put them in.  Then I've picked e-mail option, this somehow allowed me to input the code and open the account.

i concur, the only way i can use the app is with email two factor verification, sms ends in no way of entering the code

sms works but you got to select sms twice and they send you a second code. Don't enter the 1st code, enter the 2nd one.

nope not for me, app wont let me enter either sms code and I have to shut down the phone and restart, only email for me, I think I m going to delete the app and just do online 

Speculator

nomorekids said:

allegro120 said:

s71hj said:

jameseonline said:

flaneurs_lobster said:

friolento said:

My Monmouth BS Issue 8 is open and shows in the app. 

I had started the application in the app around 11pm last night but it didn’t complete and I just left it. This morning it had completed, without further intervention by myself. 

First £500 on their way now.

It seemed simple enough, very significantly faster than previous applications (ignoring that I was overly keen and tried to open the account earlier than it became officially available)

Mine's open too. Quid on its way.

I'm finding that the app is logging me out every time I move to another screen (filling in a new payee at my bank). which is fair enough, but logging back in demands a new OTP be generated each time despite having set up biometrics. This is a serious PITA.

I always have to double up on SMS codes because 1st time I request it doesn't advance to next screen on android app

Ditto. There's nowhere to put the 1st OTP in 

I've tried several times, received 3 OTPs, nowhere to put them in.  Then I've picked e-mail option, this somehow allowed me to input the code and open the account.

i concur, the only way i can use the app is with email two factor verification, sms ends in no way of entering the code.

keep checking but initial deposit has yet to show mind  

Deposits always show in the morning of next working day with Monmouthshire. 

s71hj

Re Monmouthshire presumably the best way to max out interest is to get a payment in this month then another 11 on the 1st of each month? 

ThePirates

Monmouthshire
After working fine this morning I'm trying to login again to check my deposit has gone in. Now no choices  on 2FA on Android...

Bridlington1

ThePirates said:

Monmouthshire
After working fine this morning I'm trying to login again to check my deposit has gone in. Now no choices  on 2FA on Android...

Deposits usually take a while to show with MBS anyway, if you sent it earlier today it should get backdated to today anyway so I wouldn't worry about it too much.

I applied for the account in the app this morning, the account now shows, I have my account number so I'm just going to fully fund it on Thursday and not do anything about MBS in the meantime to give their systems time to settle down a bit. I'd imagine they'll be rather busy at the moment anyhow.

Bobblehat

s71hj said:

Re Monmouthshire presumably the best way to max out interest is to get a payment in this month then another 11 on the 1st of each month? 

That's what I'm hoping but one month later than you, as I applied online and don't expect the RS to open before 1st Aug. I'll try to make the 1st payment as late in Aug as possible and 2nd on 1st Sept. It should net ~£218 if rates don't drop and MonBS start the interest date as the day of the 1st deposit.

I'm assuming my application will be successful, of course! 

dingling68

dingling68 said:

dingling68 said:

MonBS RS issue 8

waited till after 9, downloaded the app, applied for account and got the “system maintenance” message after the “we are processing your application” screen, so perhaps still some issues to be resolved! 

MonBS RS issue 8 - update

checked the app and they are still "processing my application" according to the message I get when I log back on. I am not being asked for 2FA when I open up the app again [iOS]

MonBS RS Issue 8 - updated and successful

after deleting and reinstalling the app, the application process was finished and the account is now showing

Stargunner

As an existing customer I applied for the Mon RS Issue 8 around lunchtime today from within the app. I found it a very easy process. I have just checked the app to see if the account is showing and 2 RS issue 8's are showing with different account numbers. I only received an email confirmation for one of them.

snow62

Long time lurker with very few posts, but I've been playing the RS game for 10+ years, currently with 19 RS accounts.

I've never been convinced about the argument for waiting until the end of the month to open and make the initial payment to a new account.  I totally understand that this will maximise the interest on that account, but this is offset by the lower interest earned in a feeder account before opening as well not having an earlier opportunity to open a new account at maturity.  As an example, if I open and fund a new account in the middle of the month, I earn a higher rate for two weeks on that first deposit than if I wait.  In a year's time I either open a new account or I earn a further two weeks' interest on the accrued total.  Of course it can depend on each account's conditions, and a crystal ball is required to know what rates will be in a year's time, but my calculations don't indicate a benefit from waiting until the end of the month.

Re Monmouthshire, I've never had any problems with them.  Yes, their systems are fairly antiquated, and things might take a day or two longer than other institutions, but I'm quite happy to accept this if their rates make it worthwhile.  I've applied for the 6% online, and £500 monthly pay-in is a bonus - I'd have been fine with £300 as with previous accounts with them.