The Top Regular Savers Discussion Thread

Kazza242

Nuggy96 said:

Kazza242 said:

s71hj said:

Kazza242 said:

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.

I also sent off a postal application for the Monmouthshire Branch Exclusive RS with a cheque for £500 last Thursday evening (21st Aug) and I'm pleased to say that the Monmouthshire opened the account for me this morning - they sent me an e-mail to confirm this and I can see the account in the app. 

I now have all three of their recent regular savers (6.00% iss8, app 7.00% and branch 7.00%).  Hopefully, the Mon RS interest rates hold up better than the previous 6.00% 2024 regular saver edition, which is now paying only 4.90%.

So as this is a branch or agency account did you send the forms off to a specific otoc branch? Or if not what address? 

I sent the application form off to the Monmouthshire head office address (printed on the form).  They forwarded it to one of their local branches and they opened the account for me. 

I have a downloaded copy of the form from the Monmouthshire website from a couple of years ago.  If you refer to post 3872 above (from Bridlington), you'll find a link to the archived version of form.   

Free post? Or you pay for a stamp?

I have a couple of books of 1st class stamps on hand just in case I need to post something, so I used one of those.  I wanted to get a payment in during August.  I also have some freepost envelopes from the Monmouthshire, but they are 2nd class and I didn't want to risk the opening of the account being delayed. 

jameseonline

innocentlove said:

..........

Yes savings week is coming up in September are you suggesting YBS will have a special account?

Edit: it's come from an email from YBS.

Nobody knows if any special accounts are going to be released this year but last year there were some accounts launched or improved upon eg HSBC launched a 7% version of their regular

trickydicky14

jameseonline said:

innocentlove said:

..........

Yes savings week is coming up in September are you suggesting YBS will have a special account?

Well by then the Monmouth cavalcade may have passed by and we will be looking for some new excitement.

Kim_13

jameseonline said:

innocentlove said:

..........

Yes savings week is coming up in September are you suggesting YBS will have a special account?

Edit: it's come from an email from YBS.

Nobody knows if any special accounts are going to be released this year but last year there were some accounts launched or improved upon eg HSBC launched a 7% version of their regular

It would be very disappointing if they went to the trouble of sending such an email then failed to offer even a replacement for the £50 eSaver.

Is savings week later this year, or did YBS launch prior to savings week in 2024? Mine matures on the 10th and if I recall correctly, it was NLA by the time it got to the 20th.

Bob2000

I hope MonBS release a good Regular saver for Savers  Week? Don't get much mention on here that particular  building society 

clairec666

Kim_13 said:

jameseonline said:

innocentlove said:

..........

Yes savings week is coming up in September are you suggesting YBS will have a special account?

Edit: it's come from an email from YBS.

Nobody knows if any special accounts are going to be released this year but last year there were some accounts launched or improved upon eg HSBC launched a 7% version of their regular

It would be very disappointing if they went to the trouble of sending such an email then failed to offer even a replacement for the £50 eSaver.

Is savings week later this year, or did YBS launch prior to savings week in 2024? Mine matures on the 10th and if I recall correctly, it was NLA by the time it got to the 20th.

Yes, it's a week later.

I hope if HSBC offer something good then it remains available beyond the end of savings week - I had last year's 7% regular saver but I think it matures after the end of savings week. Might miss out on this year's offering if you can't have both open at the same time.

jameseonline

Am I right in thinking you can have Skipton Regular & Skipton Member Regular?, as someone that no longer holds the member regular I'm thinking of getting both as overflow accounts. I'm sure I read you can't have the regular if you already have a member regular but can have member if you have regular.

LZC

jameseonline said:

Am I right in thinking you can have Skipton Regular & Skipton Member Regular?, as someone that no longer holds the member regular I'm thinking of getting both as overflow accounts. I'm sure I read you can't have the regular if you already have a member regular but can have member if you have regular.

Regular saver “This account is only available to UK residents aged 16 or over, who don’t already hold a product from our regular saver range (either a Member Regular Saver, Branch Member Regular Saver, Regular Saver or a Branch Regular Saver) at the time of application.”

Members Regular Saver
“You can only hold one Member Regular Saver in your name at any one time (either a Member Regular Saver or a Branch Member Regular Saver).”

so theoretically it would appear you could have a regular saver and then open a Members Regular Saver. 

masonic

jameseonline said:

Am I right in thinking you can have Skipton Regular & Skipton Member Regular?, as someone that no longer holds the member regular I'm thinking of getting both as overflow accounts. I'm sure I read you can't have the regular if you already have a member regular but can have member if you have regular.

Correct. You just need to open them in the right order so that the more restrictive account is still "available" when you come to apply for it. You won't already hold a product from the range if you open that one first.

clairec666

jameseonline said:

Am I right in thinking you can have Skipton Regular & Skipton Member Regular?, as someone that no longer holds the member regular I'm thinking of getting both as overflow accounts. I'm sure I read you can't have the regular if you already have a member regular but can have member if you have regular.

Certainly worked for me back in July - open the non-member one first, then the member one.

They're quite useful as overflow accounts as any unused monthly allowance rolls over to the next month, so you could leave them with £1 for a few months then stick a lump sum in later. Only downside is that they don't allow withdrawals, but there's no loss of interest if you close early (confirmed from personal experience).