The Top Regular Savers Discussion Thread

Bobblehat

WillPS said:

subjecttocontract said:

Monmouth BS Reg Saver.........I'm in no rush. I don't care if they take 5 days or 50 days as they won't be getting any deposit money from me until they process my application. Seems like the disadvantage is all theirs.....

When the rate drops it'll drop for everyone on the same date(s). Every day missed is a day you won't get the headline rate, and will instead get a day at whatever rate exists in a year's time (not much if last year's Exclusive Regular Saver is anything to go by).

Only relevant if you have the money to put in there now! 

HillStreetBlues

Bobblehat said:

HillStreetBlues said:

Bobblehat said:

Monmouthshire BS ..... Please use our App .... Pretty Please 



I'll wait .....! (in the style of Little Britain)

Same email, tried the app fails at nominated account.

I wonder what the wording of the next email will be ...

"Sorry about the app folks ..... try online, it might be quicker!"

.... I'll get me coat!

Maybe even pen & paper!

Section62

Aidanmc said:

subjecttocontract said:

I'm puzzled,
Why would someone open a Virgin account and not ensure they have either the Virgin App or a Virgin Security key/device to enable withdrawals ?

Don't you need one or the other to login on Virgin online banking site anyway.

No, the ex-Clydesdale/Yorkshire platform lets you login without using an authenticator/app.  It is only when you try to withdraw above the limit you get a prompt to use the device/app.

The limit is fairly well hidden, and has caught people out in the past.

masonic

Hal17 said:

HillStreetBlues said:

Same email, tried the app fails at nominated account.

Been waiting 15 minutes, still processing. Gave up after 30 minutes, will wait for mail.

It does take a good while to grind through, from people's experience on Friday it was worst during the daytime. I found it only took about 5 minutes that evening when most other people had either got through it or gave up. There were reports of being able to come back later and pick up from where you left off.

dcs34

judgingjudy said:

clivep said:

masonic said:

charlie12525 said:

Want to skip the wait?

You can now open your account instantly using our new Monmouthshire Building Society App. Applying on the app will override your current online application.

Like many, I had problems on Friday opening this account. I first applied online. Got no confirmation email. Then applied again, successfully, with the App.

Most likely for those of us who received that email (and didn't get an account opened for them in the first day or two) they'll be checking and dropping applications if people have already got an account set up.

Also just got this email as did my wife (although she never received an original confirmation email). Decided to bite the bullet and apply by app... got to the end and got a message saying they "could not verify your nba details".

Not sure what the National Basketball Association has to do with it?

Gave up and will wait for the snail mail.

NBA in this context stands for "nominated bank account", which is the bank account which you've identified ("nominated") as the account you want to use with the account to make deposits/withdrawals.

Nothing to do with basketball, although I do see where the confusion would come from if you're not familiar with the terminology.

Ironically MBS wouldn't let me put my actual name in (with hyphen) so technically my NBA details shouldn't match.

But the app has spent 20 minutes thinking about the application so not quite having the 'instant opening' MBS advertised!

Perhaps the app can only approve applications during working hours...

masonic

dcs34 said:
Perhaps the app can only approve applications during working hours...

Some left it overnight to find they'd had theirs approved by morning.

Bridlington1

Just a reminder for those who have opened the Monmouthshire BS RS or the Skipton BS Regular Saver that was launched earlier this month at 5.75% without funding, tomorrow is the final day of the month so if you want to get the full benefit of funding it late in the month tomorrow would be a good day to fund.

Additionally for those who missed the discussion, the Ts&Cs of the Skipton BS 5.75% RS exclude you from opening it if you hold their Members RS but the terms of the Members RS do not exclude you opening it if you hold the 5.75% RS so if you wish to have both simultaneously you'd need to open the 5.75% RS and then open the 6.25% Members RS.

WillPS

Bobblehat said:

WillPS said:

subjecttocontract said:

Monmouth BS Reg Saver.........I'm in no rush. I don't care if they take 5 days or 50 days as they won't be getting any deposit money from me until they process my application. Seems like the disadvantage is all theirs.....

When the rate drops it'll drop for everyone on the same date(s). Every day missed is a day you won't get the headline rate, and will instead get a day at whatever rate exists in a year's time (not much if last year's Exclusive Regular Saver is anything to go by).

Only relevant if you have the money to put in there now! 

I mean yeah, sure, but isn't that the case with all savings accounts of any sort!?

allegro120

charlie12525 said:

Monmouthshire BS RS8

Following my online application on Friday I have just got the following in an email...

Thank you for applying for a new account with Monmouthshire Building Society.

Due to high demand, we’re currently working through a large number of applications. Online applications are typically processed within 5 working days.

Want to skip the wait?

You can now open your account instantly using our new Monmouthshire Building Society App. Applying on the app will override your current online application.

Like many, I had problems on Friday opening this account. I first applied online. Got no confirmation email. Then applied again, successfully, with the App.

MonBS
It didn't override in my case.  I applied online first, few hours later the app was fixed and I applied in the app.  My app application was successful, funded, money is showing and backdated.  Yesterday the second issue 8 has appeared and I funded it straight away.  Today I received the letter asking me to send the signature form back, it also says that there will be no transactions until they receive my wet signature and indeed I've just received my £500 back.   The second account is still open.

Kim_13

allegro120 said:

charlie12525 said:

Monmouthshire BS RS8

Following my online application on Friday I have just got the following in an email...

Thank you for applying for a new account with Monmouthshire Building Society.

Due to high demand, we’re currently working through a large number of applications. Online applications are typically processed within 5 working days.

Want to skip the wait?

You can now open your account instantly using our new Monmouthshire Building Society App. Applying on the app will override your current online application.

Like many, I had problems on Friday opening this account. I first applied online. Got no confirmation email. Then applied again, successfully, with the App.

MonBS
It didn't override in my case.  I applied online first, few hours later the app was fixed and I applied in the app.  My app application was successful, funded, money is showing and backdated.  Yesterday the second issue 8 has appeared and I funded it straight away.  Today I received the letter asking me to send the signature form back, it also says that there will be no transactions until they receive my wet signature and indeed I've just received my £500 back.   The second account is still open.

It may be that app applications overriding online ones was put in later, with early double applications resulting in two accounts being opened.