The Top Regular Savers Discussion Thread

Reg_Smeeton

mhoc said:

Confused_Dog said:

schiff said:

West Brom RS 7 maturity details received today. No decent replacement RS, just a RS account at 2.35%. Disappointing.

The West Brom have made their Fixed Rate Regular Saver one that only can be opened in branch, rather than online, seems to be a bit of a backward step to me.  https://www.westbrom.co.uk/savings/regular-savers/fixed-rate-regular-saver-issue-7

Rate currently 6% and their branches are in the Birmingham and Black Country area, but they've not had one in Birmingham City Centre for a while.

Looks like a day trip to Shrewsbury - does anyone think that they might want an appointment made??? Might give them a ring 

I tried to open this RS on the previous occasion it was in branch only ~18 months ago. It was by appointment only at Shrewsbury and they weren’t offering slots on Saturdays

topyam

Co-Operative RS

So I have now got the CA opened. And have applied for their RS and been approved for that. More waiting now for it to appear on the app or online. How long does that take?

Eco_Miser

subjecttocontract said:

WillPS said:

subjecttocontract said:

My Monmouth Branch Exc' reg saver doesn't end in an X......It's just a 10 digit numeric. Suggest you just use the 10 digit number you have as the reference, leaving the X off. Try it with £1 to test it.

Don't do this the X is part of the number. 

X isn't a number, it's a letter. The OP said they had a 10 digit number.

X is a number - in base 11 - which this probably is, and any higher bases.

It's also a number in roman numerals.

Eco_Miser

pafpcg said:

The trailing "X" is part of the account number.  All account numbers have a check digit at the end and it appears that MonBS are using the Modulo 11 algorithm to calculate the check digit - where the check digit results in "1", Modulo 11 replaces that with "X".  It can be hugely frustrating because validation of incoming data can't just test for and reject any non-numeric characters. Even MonBS themselves fall foul of the problem - a few years ago, they had a form on their web-site to submit maturity instructions - their own form would not accept account numbers with the "X" character!  

Did you mean where the check digit results in "10", Modulo 11 replaces that with "X". ?

happybagger

Reg_Smeeton said:

mhoc said:

Confused_Dog said:

schiff said:

West Brom RS 7 maturity details received today. No decent replacement RS, just a RS account at 2.35%. Disappointing.

The West Brom have made their Fixed Rate Regular Saver one that only can be opened in branch, rather than online, seems to be a bit of a backward step to me.  https://www.westbrom.co.uk/savings/regular-savers/fixed-rate-regular-saver-issue-7

Rate currently 6% and their branches are in the Birmingham and Black Country area, but they've not had one in Birmingham City Centre for a while.

Looks like a day trip to Shrewsbury - does anyone think that they might want an appointment made??? Might give them a ring 

I tried to open this RS on the previous occasion it was in branch only ~18 months ago. It was by appointment only at Shrewsbury and they weren’t offering slots on Saturdays

Last year I opened an account at Shrewsbury without the need for appointment, though I did have to wait for the lady in the "interview room" to finish dealing with another account opening.

A year earlier I opened an account at Oswestry, and that was opened without delay.

I guess you either drop lucky, or you don't.

masonic

Eco_Miser said:

pafpcg said:

The trailing "X" is part of the account number.  All account numbers have a check digit at the end and it appears that MonBS are using the Modulo 11 algorithm to calculate the check digit - where the check digit results in "1", Modulo 11 replaces that with "X".  It can be hugely frustrating because validation of incoming data can't just test for and reject any non-numeric characters. Even MonBS themselves fall foul of the problem - a few years ago, they had a form on their web-site to submit maturity instructions - their own form would not accept account numbers with the "X" character!  

Did you mean where the check digit results in "10", Modulo 11 replaces that with "X". ?

Basically an ISBN. Perhaps their systems were designed by librarians

nomorekids

topyam said:

Co-Operative RS

So I have now got the CA opened. And have applied for their RS and been approved for that. More waiting now for it to appear on the app or online. How long does that take?

Don't hold your breath, co op are slow unfortunately, I m not holding out hope for funding this month having got my received your application last Friday

nomorekids

Apologies for asking as I know its been covered but can you close (renew) Halifax regular and open another straight away (ie in time for funding this month)?

35har1old

topyam said:

Ah so once the Co-Op RS matures, there's no new issue, and you have to try and open another of the same but with a different CA? That is a pain

Had no issue opening a new regular saver after the previous one matured 

35har1old

What_time_is_it said:

I’ve set up a Branch Exclusive Regular Saver with the Monmouthshire.

I now have the account number in the app. It’s a 10 digit number but it ends in an X. Is that normal?

I want to transfer some funds before the month ends but I also want to be certain that the details are correct!

Does happen occasionally