The Top Regular Savers Discussion Thread

checkly

Monmouthshire BS RS - Applied online on 25th July and received ’Thank you for savings application’ email.  Since heard nothing to say account is open.  Pretty rubbish tbh and have since used the £500 for new VM & Co-op RS.

Won’t bother with Monmouthshire again!

Bridlington1

For those funding multiple Market Harborough BS regular savers:

I have just received a letter from them saying that they've reviewed my account balances and they've noticed my deposits have exceeded the monthly limit allowed.

They've asked me to contact them within 14 days of the letter to arrange for the overpaid funds to be returned to me, saying if they don't hear from me they'll send the funds to my nominated account but that they'll still pay interest earned on the excess funds.

They've also enclosed the summary box for their Fixed Term Regular Saver (30.11.2025).

ForumUser7

Bridlington1 said:

For those funding multiple Market Harborough BS regular savers:

I have just received a letter from them saying that they've reviewed my account balances and they've noticed my deposits have exceeded the monthly limit allowed.

They've asked me to contact them within 14 days of the letter to arrange for the overpaid funds to be returned to me, saying if they don't hear from me they'll send the funds to my nominated account but that they'll still pay interest earned on the excess funds.

They've also enclosed the summary box for their Fixed Term Regular Saver (30.11.2025).

Oh no, that's not good. Wonder if the new application tipped them off, or more the funding of multiple.

trickydicky14

Bridlington1 said:

For those funding multiple Market Harborough BS regular savers:

I have just received a letter from them saying that they've reviewed my account balances and they've noticed my deposits have exceeded the monthly limit allowed.

They've asked me to contact them within 14 days of the letter to arrange for the overpaid funds to be returned to me, saying if they don't hear from me they'll send the funds to my nominated account but that they'll still pay interest earned on the excess funds.

They've also enclosed the summary box for their Fixed Term Regular Saver (30.11.2025).

That is bad news, I'll just have to seal up the letter box. I really thought I'd got away with that one.

RosieRooBear

Bridlington1 said:

For those funding multiple Market Harborough BS regular savers:

I have just received a letter from them saying that they've reviewed my account balances and they've noticed my deposits have exceeded the monthly limit allowed.

They've asked me to contact them within 14 days of the letter to arrange for the overpaid funds to be returned to me, saying if they don't hear from me they'll send the funds to my nominated account but that they'll still pay interest earned on the excess funds.

They've also enclosed the summary box for their Fixed Term Regular Saver (30.11.2025).

When I applied for a second one they gave me a new ID so technically I’ve got two separate accounts with them, wonder if they’ll notice that 🤔, hopefully not 🤞

chris_the_bee

Bridlington1 said:

For those funding multiple Market Harborough BS regular savers:

I have just received a letter from them saying that they've reviewed my account balances and they've noticed my deposits have exceeded the monthly limit allowed.

They've asked me to contact them within 14 days of the letter to arrange for the overpaid funds to be returned to me, saying if they don't hear from me they'll send the funds to my nominated account but that they'll still pay interest earned on the excess funds.

They've also enclosed the summary box for their Fixed Term Regular Saver (30.11.2025).

Market Harborough
Seems pretty clear to me.

Customers may only have two Fixed Term Regular Saver accounts open at a time, either solely or jointly, with a combined maximum deposit of £250 per month not exceeding the maximum balance of £3,000.

However, current issue (30.09.2026) states maximum balance of £3,750 I assume account was released in July thereby allowing 15 monthly payments.

chris_the_bee

Bridlington1 said:

For those funding multiple Market Harborough BS regular savers:

I have just received a letter from them saying that they've reviewed my account balances and they've noticed my deposits have exceeded the monthly limit allowed.

They've asked me to contact them within 14 days of the letter to arrange for the overpaid funds to be returned to me, saying if they don't hear from me they'll send the funds to my nominated account but that they'll still pay interest earned on the excess funds.

They've also enclosed the summary box for their Fixed Term Regular Saver (30.11.2025).

Market Harborough
Seems pretty clear to me.

Customers may only have two Fixed Term Regular Saver accounts open at a time, either solely or jointly, with a combined maximum deposit of £250 per month not exceeding the maximum balance of £3,000.

However, current issue (30.09.2026) states maximum balance of £3,750 I assume account was released in July thereby allowing 15 monthly payments.

Kim_13

Bridlington1 said:

For those funding multiple Market Harborough BS regular savers:

I have just received a letter from them saying that they've reviewed my account balances and they've noticed my deposits have exceeded the monthly limit allowed.

They've asked me to contact them within 14 days of the letter to arrange for the overpaid funds to be returned to me, saying if they don't hear from me they'll send the funds to my nominated account but that they'll still pay interest earned on the excess funds.

They've also enclosed the summary box for their Fixed Term Regular Saver (30.11.2025).

Thanks for flagging this. I had been considering trying to get their latest issue when funds allow, but will continue to fully fund the 6% version I have and worry about a replacement account when the time comes.

Will you be contacting them? I’m wondering if they will return latest funds deposited or those earning the lowest interest (which are probably the same for MSErs, unless the first deposit was delayed before being credited at MHBS end.) Interesting that they have enclosed the summary box for Issue 1 when technically no one could exceed the limit by funding that account with £250 given that it is Issue 1.

Slinky

For anyone struggling with 2FA with Monmouth, I've just got in by requesting a verification code by text, it's pinging into my messages, went to message, highlighted the pin and hit copy, returned to the Monmouth app and it's automatically brought up the option to copy the pin from the message.  Previously when I've just seen the message and remembered the number, the grey text input box didn't activate.

The tenner I sent yesterday has been credited so I'm off to sort out some more.

Bridlington1

Kim_13 said:

Bridlington1 said:

For those funding multiple Market Harborough BS regular savers:

I have just received a letter from them saying that they've reviewed my account balances and they've noticed my deposits have exceeded the monthly limit allowed.

They've asked me to contact them within 14 days of the letter to arrange for the overpaid funds to be returned to me, saying if they don't hear from me they'll send the funds to my nominated account but that they'll still pay interest earned on the excess funds.

They've also enclosed the summary box for their Fixed Term Regular Saver (30.11.2025).

Thanks for flagging this. I had been considering trying to get their latest issue when funds allow, but will continue to fully fund the 6% version I have and worry about a replacement account when the time comes.

Will you be contacting them? I’m wondering if they will return latest funds deposited or those earning the lowest interest (which are probably the same for MSErs, unless the first deposit was delayed before being credited at MHBS end.) Interesting that they have enclosed the summary box for Issue 1 when technically no one could exceed the limit by funding that account with £250 given that it is Issue 1.

I'm in two minds whether or not to to be honest, the letter says if I do not contact them they'll return the excess funds to my nominated account, which is what I'd've asked them to do anyway.

On the other hand it would be useful to find out further info as to which accounts they'll be taking the funds from etc.

Regardless if I were to contact them I wouldn't do a Friday afternoon given that they've said in the letter that funds would arrive within 5 working days of being sent so wouldn't want payments sent today and delayed over the weekend so if I were to contact them it would be early on in the week, therefore if I do contact them it'll most likely be on a Monday, probably the Monday after next given that I have alternate Mondays off work due to working a 9 day fortnight.