The Top Regular Savers Discussion Thread

Hattie627

Principality BS 6 month RS Issue 3

The first (of 3) of my Issue 3's matures on 13th September. I haven't received any maturity options letter so far. My recollection of previous 6 month RS maturities (issues 1 and 2) is that I didn't receive a letter (?) but a function to choose maturity options became available online in advance of the maturity date. Issue 3 of the 6 month RS is still shown as available on the PBS website, so I am hoping that I can mature into a new one on 13th September. Can anyone recall how far in advance of the date of maturity the maturity options function has become available in previous 6 month RS maturities? I appreciate that 13th September will be the first date on which Issue 3's will be maturing.

flaneurs_lobster

Hattie627 said:

Principality BS 6 month RS Issue 3

Can anyone recall how far in advance of the date of maturity the maturity options function has become available in previous 6 month RS maturities?

I've got 15 days prior to maturity written down for the last one I had.

My first Issue 3 matures on the same date.

Ch1ll1Phlakes

Hattie627 said:

Principality BS 6 month RS Issue 3

The first (of 3) of my Issue 3's matures on 13th September. I haven't received any maturity options letter so far. My recollection of previous 6 month RS maturities (issues 1 and 2) is that I didn't receive a letter (?) but a function to choose maturity options became available online in advance of the maturity date. Issue 3 of the 6 month RS is still shown as available on the PBS website, so I am hoping that I can mature into a new one on 13th September. Can anyone recall how far in advance of the date of maturity the maturity options function has become available in previous 6 month RS maturities? I appreciate that 13th September will be the first date on which Issue 3's will be maturing.

Think it's up to 3 weeks. I had my maturity options become available about 20 days before maturity (don't remember exact) and received a letter with my options dated 18 days before the maturity date. Think the idea with the letter is to give two weeks to decide (plus delivery time) and then maturity options are available online as soon as the letter is produced.

trickydicky14

Section62 said:

trickydicky14 said:

Monmouth 7% Regular saver.

I’m sure this was discussed earlier but can’t now find the posts so, am I correct in thinking you can open both the online ‘£1000’ version and the branch ‘£500’ version.

I don’t want to travel a long way to be told I can’t have both.

Thanks for any help.

I was told you can have both the app exclusive and the branch 7%.  But the branch one can only be opened in person in branch (no postal applications accepted)

I have just contacted Monmouth and the answer I got is in agreement with Section62, you can have both as long as you follow the rules. One via the app and one via branch.

kermchem

MonBS - my slightly biased experience

I was born within walking distance of the MonBS head office.. In the 1980s a friend of my parents worked as a counter clerk, so I might be biased towards this society. I now live 300 miles away so cannot comment on the Branch Exclusive saver. 

A month ago I applied for the 6% regular saver using the “online” method, and forms arrived to be signed 4 days later. In the meantime I had got the app to work, applied through the app and funded the app account. I am left wondering why this far into the 21st century an online applicant has to provide a wet signature but an app user doesn’t. 

When you first access the app it is tied to a phone number, not even sure it has to be a mobile, just can accept a text message. 

When the 7% app exclusive regular saver launched I joined the mad rush to apply. Too many unsuccessful attempts to load the app when it was being overloaded resulted I believe in my phone number tied to my app being “banned”.  Over the weekend I deleted the app and registered as a new user using my OH’s mobile number, my name, my postcode, my existing 6% RS account number and it worked. When the once broken 2FA screen loaded it wanted to send me a code to either my e-mail address or MY mobile, not OH’s. Success. 7% saver opened. I can see my 7% and 6% savers, and the other 6% saver waiting for my wet signature. 

So app is registered to OH’s phone, and the system contacts me on my phone. Good job OH doesn’t want to play the regular saver game. 

HHUK

gt94sss2 said:
Odd, I just managed to login via the Android app which was updated today to v3.0.701089

Saffron App

Hmmm that's the same version as I have. Just tried again and still no joy, even after uninstalling and reinstalling the app. Looks like I'll be needing to call them again.

EDIT 28/08

Was going to message Saffron via their website today about the fact I still can't get the app to work on my Samsung Android phone, but this notification (which I'm sure wasn't there when I originally posted) now appears on their home page, so I suppose I'll just have to stay patient:

Mobile App:
We are aware of some customers finding difficulty with accessing our Mobile App on Android devices. We are reviewing the issue and looking to resolve this as soon as possible. Our E-Banking portal is still accessible to access your account online. Please accept our apologies for any inconvenience this may cause.

Aidanmc

Was going to close my Chorley BS regular saver as i will need the funds for other RS's in September. Would open another Chorley one then.
Was looking through the product info, look as though it may be going NLA at end of month??
Doesn't look like i'd be able to open another until 12months after i opened the current one, is that correct?

FishInGlass

WillPS said:

mon3ysav3r said:

Section62 said:

trickydicky14 said:

Monmouth 7% Regular saver.

I’m sure this was discussed earlier but can’t now find the posts so, am I correct in thinking you can open both the online ‘£1000’ version and the branch ‘£500’ version.

I don’t want to travel a long way to be told I can’t have both.

Thanks for any help.

I was told you can have both the app exclusive and the branch 7%.  But the branch one can only be opened in person in branch (no postal applications accepted)

This matches what is says on their website:

"There is no limitation to having this [Branch Exclusive] Regular Saver alongside other Regular Saver accounts."

https://www.monbs.com/savings/branch-exclusive-regular-saver/ 


Unfortunately they do contradict themselves as to if you can manage the account via online/app. I wouldn't want to have to travel to branch to withdraw money at the end of the term.

Initially it says

"You would like to open & manage your account in branch and agency "

but then in the Summary box it says

"How to manage

• Online (My Accounts), in branch or agency, or via the MonBS app."

Even if online access is prevented (I very much doubt it is) there will certainly be a non-branch closure process.

Online access to the branch account is certainly not prevented. I have the 6% Regular Saver issue 8 along with the Branch and App 7% versions. All 3 are visible both on the app and the website. Additionally they all have a transfer button on the website which when clicked give you the option to transfer funds to another Monmouthshire account or your nominated bank account. There seems to be something similar on the app but I have not looked into that in detail. I am assuming at worst you will be able to action withdrawal post maturity but they may offer maturity options in advance. Next August is a long way off though.

Bridlington1

Monmouthshire BS Branch Exclusive RS Issue 1:

I sent off a postal application for the account on Thursday with a cheque for £500 just on the off-chance. I can now see the account in the app alongside the app version so it seems in my case at least they have accepted a postal application.

surreysaver

Bridlington1 said:

Monmouthshire BS Branch Exclusive RS Issue 1:

I sent off a postal application for the account on Thursday with a cheque for £500 just on the off-chance. I can now see the account in the app alongside the app version so it seems in my case at least they have accepted a postal application.

Thanks for that. I've got some time off in a month, so might pop over to Wales to open one if it's still available. As long as it's closable by internet, which their other branch only accounts have been