The Top Regular Savers Discussion Thread

Kim_13

moi said:

 Anyone with the branch/post Melton BS Regular Saver 5, is it possible to view the account online? (Like e.g. Stafford BS, with archaic passbooks, but activity can be checked online.)

"sending us your passbook and written instructions to us. You can also transfer funds from your account to a nominated bank or building society account."

TIA.

It is indeed. They are less archaic when it comes to withdrawals in that it has been reported to be possible to withdraw by secure message/phone without posting in the passbook. Stafford will not allow withdrawals without the passbook.

UKX69

Bridlington1 said:

adw1977 said:

ChewyyBacca said:

Monmouth Branch Exc RS saga
I had sent my postal application end Aug with a cheque (the only cheque book I have). I called Monm last week & this week on 8 Sep, they checked & said they didn't receive it. It was suggested that I cancel the cheque & resend the application.
I called HSBC & requested for stop cheque. I would rather eat straw than call HSBC, they are the absolute worst.

Today, in my app, I see two Branch Exc RS, one with a credit of £500 dated 8 Sept. (cheque date 27 Aug)
Now that cheque is never going to clear, as theres 'stop cheque' on that.

Which of the two Branch accounts should I fund? or be cheeky & fund both, for my troubles?

I've had a similar experience a couple of years ago with Monmouthshire, where they said with great certainty that they hadn't received a postal application with cheque (posted weeks earlier) only for it to magically appear and for them to try to process two applications.

Either their postal deliveries are epically bad, or (more likely) they don't really have a queue what is in the "to do" pile.

I suspect it could well be the latter, this wouldn't be the first time they've been swamped with postal applications.

If I may issue a plea though to give Monmouthshire BS a fair bit of time before contacting them for updates though.

Monmouthshire BS shall no doubt be very busy at the moment and I should imagine they'll be trying to process these applications as quickly as possible. Phoning them only adds to their workload and delays applications further.

In fairness to them they are also being rather generous in honouring the applications in the first place when other building societies would've declined the application and told you to apply in branch.

My registration for Monmouth online access has taken 10 to come through. Thought they didn’t like the look of me! 🫣

UKX69

Should be 10 days, missed it out.

Bridlington1

Kim_13 said:

moi said:

 Anyone with the branch/post Melton BS Regular Saver 5, is it possible to view the account online? (Like e.g. Stafford BS, with archaic passbooks, but activity can be checked online.)

"sending us your passbook and written instructions to us. You can also transfer funds from your account to a nominated bank or building society account."

TIA.

It is indeed. They are less archaic when it comes to withdrawals in that it has been reported to be possible to withdraw by secure message/phone without posting in the passbook. Stafford will not allow withdrawals without the passbook.

I've made a few withdrawals from Melton by phone and secure message. I occasionally top up issue 5 when I've surplus funds then ask them to feed my other Melton regular savers from it. Also allows me to rescue the few pence interest in the account.

You can ask them to make the withdrawal on a specified future date too.

Bridlington1

nomorekids said:

Anyone else wishing there was a "wow" emoji along with the inadequate "thanks thumbs up" for Bridlington, the work you've been doing is incredible, huge well done to you Bridlington 

Well we all need a hobby, and as far as hobbies go it's one of the more useful ones.

UKX69

nomorekids said:

Anyone else wishing there was a "wow" emoji along with the inadequate "thanks thumbs up" for Bridlington, the work you've been doing is incredible, huge well done to you Bridlington 

I echo that! 👍👍😁😁

Bob2000

13th Payments. 

Can any of these regular saver accept a 13th payment please?

Principality Xmas saver £125pm 7%
Nationwide £200 6.5%
Coop £250 7%
Virgin £250 6.5%
Newcastle building society  £200 5.5%

Andystriker

nomorekids said:

Anyone else wishing there was a "wow" emoji along with the inadequate "thanks thumbs up" for Bridlington, the work you've been doing is incredible, huge well done to you Bridlington 

I have to say, that everyone on this board is really helpful to me, 

but Bridlington1, everything you do on this board is very very much appreciated.  Thank you so much.

Bridlington1

Bob2000 said:

13th Payments. 

Can any of these regular saver accept a 13th payment please?

Principality Xmas saver £125pm 7%
Nationwide £200 6.5%
Coop £250 7%
Virgin £250 6.5%
Newcastle building society  £200 5.5%

Principality Xmas saver £125pm 7%- No, max balance £1.5k
Nationwide £200 6.5%- Yes
Coop £250 7%- Yes
Virgin £250 6.5%- N/A Yes- Fixed maturity dates for both issues rather than set maximum balance.
Newcastle building society  £200 5.5%- No, max balance of £2.4k and has been reduced to 5.25% anyhow.

allegro120

Bob2000 said:

13th Payments. 

Can any of these regular saver accept a 13th payment please?

Principality Xmas saver £125pm 7%
Nationwide £200 6.5%
Coop £250 7%
Virgin £250 6.5%
Newcastle building society  £200 5.5%

Principality Xmas saver £125pm 7% - no
Nationwide £200 6.5% - yes
Coop £250 7% - yes
Virgin £250 6.5% - yes
Newcastle building society  £200 5.5% - no

Are you sure Newcastle pays 5.5%?  Mine (issue 1) is paying 5.25%.