The Top Regular Savers Discussion Thread

masonic

Bobblehat said:

So is it worth me trying to download the app now and trying to apply for the new exclusive RS? Anyone see any snags other than the iffy app? All advice welcome! 

I think the chances of success are low (a) with the new version, (b) after 5 pm. There was a window before that where things were working reasonably well with the previous version of the app, albeit not for everyone.

You have a week to get the account open in order to fund it this month. Perhaps tomorrow will bring another opportunity. ISTR it took them almost a full working day last time to get the app working again following the last launch.

OrangeBlueGreen

All I’m getting is the maintenance message within seconds of opening the app

surreysaver

Slinky said:

Haven't read the full terms on account of it keep crashing. Can we fund today and again on 1st September?

The T&Cs are available on the website 
https://www.monbs.com/savings/app-exclusive-regular-saver/

clairec666

Well, mine's up and running via the app without too much hassle. Can't help wondering though, have Monmouthshire really thought this through properly? I know others offer regular savers as a "loss leader", but the monthly limits mean they're not taking a massive hit per customer. Did someone at Monmouthshire add an extra zero by mistake?

Bobblehat

OrangeBlueGreen said:

All I’m getting is the maintenance message within seconds of opening the app

Thanks all. App downloaded but all I get for 10's of minutes is "Getting things ready"! Tried twice so far. I'll give it another 10 mins and try again tomorrow.

Edit: will post progress (or not) for the interest of other applicants.

Bridlington1

surreysaver said:

Slinky said:

Haven't read the full terms on account of it keep crashing. Can we fund today and again on 1st September?

The T&Cs are available on the website 
https://www.monbs.com/savings/app-exclusive-regular-saver/

And for future reference they have now been archived to the wayback machine, links shall appear on the first page of the archived thread as per usual in due course:

App version:
https://web.archive.org/web/20250821190322/https://www.monbs.com/savings/app-exclusive-regular-saver/

Branch/agency version:
https://web.archive.org/web/20250821190617/https://www.monbs.com/savings/branch-exclusive-regular-saver/

Archerychick

surreysaver said:

Slinky said:

Haven't read the full terms on account of it keep crashing. Can we fund today and again on 1st September?

The T&Cs are available on the website 
https://www.monbs.com/savings/app-exclusive-regular-saver/

This helpfully pays interest at the end of the 12 months, so in the next tax year which is helpful for us this year! £1000 is really very good a month, not sure we have this floating around to fund but we will need to re jig some of our other reg savers in favour of this one at 7%

surreysaver

Archerychick said:

surreysaver said:

Slinky said:

Haven't read the full terms on account of it keep crashing. Can we fund today and again on 1st September?

The T&Cs are available on the website 
https://www.monbs.com/savings/app-exclusive-regular-saver/

This helpfully pays interest at the end of the 12 months, so in the next tax year which is helpful for us this year! £1000 is really very good a month, not sure we have this floating around to fund but we will need to re jig some of our other reg savers in favour of this one at 7%

Just be wary its variable. I might think twice about rejigging fixed rate ones to favour a variable!

Dizzycap

exel1966 said:

flaneurs_lobster said:

exel1966 said:

Controlthenarrative said:

Monmouthshire Building Society

App Exclusive for existing customers prior to 20.08.25

£50 min £1000 max per month. Maximum balance £12k.

7% Variable

Under exclusive accounts in app 

And as we're dealing with MONBS the app is currently down, undergoing maintenance !!!

Nah, app's fine. Opened the account in five minutes.

AND, they've removed the need for 2FA after biometric login.

All good.

You got lucky, it's down with a maintenance message and 2FA is still there if using PIN.

Our system is currently under maintenance, please accept our apologies for any inconvenience.

And so it rmains so! Unistalled the app 3 times since 5pm & still the same as above at 8.30pm   

jameseonline

Section62 said:

jameseonline said:

...
I figure I'll be able to get the latest Nationwide Regular when I can & for time being I have the new Virgin one at same rate + can fund £50 more each month into that compared to Nationwide anyway.
...

Personally I'd open a new Nationwide RS as soon as allowed and stick in the minimum balance (£1 ?).

Nationwide have past form for pulling their RS offering with no prior warning and then going a long time before offering a new one.  If you have the account opened already then you can't miss out if they do pull the account.

Your potential loss from opening a new one now would be not having the maximum benefit from the 12-month term. But a less-than-maximum-benefit is a better outcome than no benefit at all, if you did miss out.  You could also consider repeating the closing/opening when you are ready to fund the account.

I don't have funds to start another which is why I'm closing it near enough a month early because I need to fund other regular savings at the start of September.

Nationwide have had several versions of the 6.5% account, the current version is 6, I'm closing a version 3 in a few days.

The Nationwide Regular only allows £200 to be paid in every month but Virgin Money allows £250 to be paid in every month.

There's no point in me opening a new account if I can't fund it properly.