The Top Regular Savers Discussion Thread

surreysaver

jaypers said:

s71hj said:

TSB monthly saver
Am I right that I can withdraw funds from this with no interest or other penalty. The rate is no longer as competitive at 6% and I need the funds for other regular savers.

You do know it’s fixed don’t you, so if you took it out as 6% it will remain 6% until maturity? Only new accounts are 5%

It would still be worth withdrawing, especially if the account matures soon.
It may even be worth withdrawing from 6% account to fund a lower interest account that still has much longer to run on it (although towards the end of the month obviously)

subjecttocontract

Scottish Building Society....New reg saver......who does the cheque need to be made out to ?

jim1999

subjecttocontract said:

Scottish Building Society....New reg saver......who does the cheque need to be made out to ?

https://www.scottishbs.co.uk/media/xl0i3cc3/sbs508-savings-tcs_160922.pdf

Cheques made payable to the Society

will only be accepted for payment into an

account if they contain additional details

(such as the name(s) of the account holder(s)

and/or the account number), so that it is

clear who the money is intended for. 

Name and account number would seem safest to me

wmb194

subjecttocontract said:

Scottish Building Society....New reg saver......who does the cheque need to be made out to ?

For security the best way is always, <institution’s name> a/c <your name>. 

 This is how I’ve done it this morning and do it with all the BS’.

topyam

Scottish BS

Have had to order a cheque book, so hoping this RS stays about for a while so I can get to opening it

clivep

topyam said:

Scottish BS

Have had to order a cheque book, so hoping this RS stays about for a while so I can get to opening it

Scottish BS

The application form only says to send cheque if applying by post. Presumably, if applying by emailling the completed form & id, then the first payment would be by transfer.

chris_the_bee

clivep said:

topyam said:

Scottish BS

Have had to order a cheque book, so hoping this RS stays about for a while so I can get to opening it

Scottish BS

The application form only says to send cheque if applying by post. Presumably, if applying by emailling the completed form & id, then the first payment would be by transfer.

Scottish BS
Correct. I just phoned for confirmation. I normally write at top of form "To be paid by bank transfer once account is open."

s71hj

chris_the_bee said:

clivep said:

topyam said:

Scottish BS

Have had to order a cheque book, so hoping this RS stays about for a while so I can get to opening it

Scottish BS

The application form only says to send cheque if applying by post. Presumably, if applying by emailling the completed form & id, then the first payment would be by transfer.

Scottish BS
Correct. I just phoned for confirmation. I normally write at top of form "To be paid by bank transfer once account is open."

So is there a way to apply by email without printing off form to sign then scanning? 

chris_the_bee

s71hj said:

chris_the_bee said:

clivep said:

topyam said:

Scottish BS

Have had to order a cheque book, so hoping this RS stays about for a while so I can get to opening it

Scottish BS

The application form only says to send cheque if applying by post. Presumably, if applying by emailling the completed form & id, then the first payment would be by transfer.

Scottish BS
Correct. I just phoned for confirmation. I normally write at top of form "To be paid by bank transfer once account is open."

So is there a way to apply by email without printing off form to sign then scanning? 

Scottish BS
No, because the form requires a 'wet' signature.

Stargunner

s71hj said:

chris_the_bee said:

clivep said:

topyam said:

Scottish BS

Have had to order a cheque book, so hoping this RS stays about for a while so I can get to opening it

Scottish BS

The application form only says to send cheque if applying by post. Presumably, if applying by emailling the completed form & id, then the first payment would be by transfer.

Scottish BS
Correct. I just phoned for confirmation. I normally write at top of form "To be paid by bank transfer once account is open."

So is there a way to apply by email without printing off form to sign then scanning? 

No, there usn’t