The Top Regular Savers Discussion Thread

fuzzzzy

Rudyson said:

potlings said:

Hi, new here although I have stalked this excellent thread for a while! I have a few regular savers but I avoid ones where opening may cause me too much effort, as I am entering my dotage and my passport and driving licence have long expired, so I stick to ones where id is verified  electronically rather than via photo id.
However I broke this rule and applied for the new Progressive, obviously skipping the id upload. They quickly emailed me to say they would be in touch to let me know what alternative id they would accept. Equally quickly I received a request that I upload photo id such as a driving licence! Not for me then.

Give them a ring and explain, they do accept alternative ID (or did when I opened my a/c with them)

Yeah last year they agreed to accept my expired passport as ID. I did not to ahead in the end though as I did not want to e-mail it. 

Speculator

jaypers said:

Progressive - How long until funds show? I’ve opened the RS and sent a £1 test payment this morning. Waiting until it shows before sending the other £299 as COP not updated yet.

Downloaded the Business authenticator app (don’t use the personal one) and it seems to work well.  

£300 just appeared in my progressive a/c 1 min ago

PowerSavingMode

fonesaver said:

Bobblehat said:

s71hj said:

Bobblehat said:

s71hj said:

Progressive Rainy Day Issue 4
Obviously COP won't work until tomorrow, so I've done a £1 test payment. Anyone know how long before that will show in online banking? 

from the General T&C's.....

Brill, thanks. I couldn't access details of the account t and cs as it wasn't visible when not logged in and when I was logged in it just said you can't apply as you already have one! 

I just realised I posted for the General T&C's published at the time of Issue 3 ... here are slightly different ones from the updated Issue 4. I'll put a note in my previous post for future readers.

I have sent them a message asking if they intend to increase the rate in version 3 otherwise it's unfair to existing members.

Progressive

Same. In fact, I decided to send them two — one of them might be answered soon (the first one was sent on 3rd Oct)... I will update if they get back and it will still be of relevance/help to everyone here. 

schiff

Suffolk 30.9.26 interim interest credited 30.9.25

Digital_Payback

PowerSavingMode said:

fonesaver said:

Bobblehat said:

s71hj said:

Bobblehat said:

s71hj said:

Progressive Rainy Day Issue 4
Obviously COP won't work until tomorrow, so I've done a £1 test payment. Anyone know how long before that will show in online banking? 

from the General T&C's.....

Brill, thanks. I couldn't access details of the account t and cs as it wasn't visible when not logged in and when I was logged in it just said you can't apply as you already have one! 

I just realised I posted for the General T&C's published at the time of Issue 3 ... here are slightly different ones from the updated Issue 4. I'll put a note in my previous post for future readers.

I have sent them a message asking if they intend to increase the rate in version 3 otherwise it's unfair to existing members.

Progressive

Same. In fact, I decided to send them two — one of them might be answered soon (the first one was sent on 3rd Oct)... I will update if they get back and it will still be of relevance/help to everyone here. 

I rang this afternoon for the 2nd time to express my irritation with Progressive. 

I opened the Sunny Saver 3 Acc. on the 18th Sept. and funded Sept. and then again funded at the start of Oct. 

On the 3rd of Oct. I first rang Progressive and an agent confirmed a new Sunny Day Saver 4 was to be launched on Monday. I was told I could not close or cancel the old one. 

Today I removed the funds from it, all but £1 which must remain in the account, and will transfer the £599 to other accounts (Scottish BS) with an equal or higher interest rate.

The real irritation for me is that I had 14 to cancel, but was out by a day or 2 and had funded the account. No consideration was offered or given to change to SD Saver 4. 

Progressive has left a sour taste for now. 

exel1966

Digital_Payback said:

PowerSavingMode said:

fonesaver said:

Bobblehat said:

s71hj said:

Bobblehat said:

s71hj said:

Progressive Rainy Day Issue 4
Obviously COP won't work until tomorrow, so I've done a £1 test payment. Anyone know how long before that will show in online banking? 

from the General T&C's.....

Brill, thanks. I couldn't access details of the account t and cs as it wasn't visible when not logged in and when I was logged in it just said you can't apply as you already have one! 

I just realised I posted for the General T&C's published at the time of Issue 3 ... here are slightly different ones from the updated Issue 4. I'll put a note in my previous post for future readers.

I have sent them a message asking if they intend to increase the rate in version 3 otherwise it's unfair to existing members.

Progressive

Same. In fact, I decided to send them two — one of them might be answered soon (the first one was sent on 3rd Oct)... I will update if they get back and it will still be of relevance/help to everyone here. 

I rang this afternoon for the 2nd time to express my irritation with Progressive. 

I opened the Sunny Saver 3 Acc. on the 18th Sept. and funded Sept. and then again funded at the start of Oct. 

On the 3rd of Oct. I first rang Progressive and an agent confirmed a new Sunny Day Saver 4 was to be launched on Monday. I was told I could not close or cancel the old one. 

Today I removed the funds from it, all but £1 which must remain in the account, and will transfer the £599 to other accounts (Scottish BS) with an equal or higher interest rate.

The real irritation for me is that I had 14 to cancel, but was out by a day or 2 and had funded the account. No consideration was offered or given to change to SD Saver 4. 

Progressive has left a sour taste for now. 

That'll teach them 

DealSeeker11

Scottish BS

Can anyone tell me if you have got any automated messages from SBS after submitting your application by email?  I emailed mine off on Fri evening, haven't got any answer today which could be normal but I would have expected an automated reply when the email was sent?

roked

Kim_13 said:

s71hj said:

flaneurs_lobster said:

s71hj said:

BestSeagull said:

masonic said:

gt94sss2 said:

fuzzzzy said:

jameseonline said:

Stargunner said:

Kim_13 said:

Stargunner said:

I applied for the Scottish BS RS this morning by email.
Just had an email from them advising that the account is now open and ready to be funded. They have asked me to post them a cheque. I have emailed them back advising that I don’t have a cheque book, and  have asked if I can do a bank transfer from my nominated bank .

Thanks, please let us know what they say. If it's necessary to post a cheque then there's little point to an emailed application, as it doesn't save the postage.

Just had the following email response from them 

Regrettably, for postal applications, the initial payment must be made by personal cheque drawn from a UK Bank or Building Society account in your name. This requirement is stated at the bottom of our application form.

Please confirm whether you are able to provide a cheque from an account held in your name. Unfortunately, if this is not possible, we will be unable to proceed with your application.

Cheque only?, how archaic 

I would not be so bothered about the cheque requirements, I can dig out my old cheque book. I'm more bothered by the ID requirements. Does everyone need to supply ID, can they not verify anyone electronically? 

My reading of Scottish BS's requirements was that you didn't need to email your id documents to them and that were only needed if electronic verification failed.

I could be wrong. Their website/pdf on this is unclear..

Emailing the postal application form is a non-standard way of applying. It is not an online application, as you cannot apply for this account online. Therefore the relevant section will be for postal applications:

Easiest and safest option, although not cheapest, is to post the application, ID and cheque together. One person mentioned getting them to send an application form by post. Perhaps this would arrive with a postage paid return envelope.

Scottish BS. I was told they do provide a pre-paid envelope with the application package, so hopefully this is correct. I went ahead and applied by email yesterday but my plan is to send the cheque, plus any additional ID if they request it, using their envelope when it arrives.

Is there a way to get them to send you an application form with envelope - I can only see a link  to download the form. 

Ring them up and ask?

An Internet search came up with this:
The Scottish Building Society freepost address is Freepost RLYC-AAGE-YURH, Scottish Building Society, SBS House, 193 Dalry Road, Edinburgh EH11 2EF. This address can be used to send correspondence without needing a
 stamp. 

We'll know whether it's correct or not when the requested envelopes land - which would surely have the same Freepost letters if so?

Just to let people know, I received my envelope from SBS today (for sending back the cheque) and its just a 1st class pre-paid envelope with the standard address i.e. not freepost. That said, it does have

Business reply plus
licence number 
RLYC-AAGE-YURH

In the top left, which could suggest the freepost address could work.

roked

DealSeeker11 said:

Scottish BS

Can anyone tell me if you have got any automated messages from SBS after submitting your application by email?  I emailed mine off on Fri evening, haven't got any answer today which could be normal but I would have expected an automated reply when the email was sent?

I did not get an automated message here, just an email once they processed it

DealSeeker11

roked said:

DealSeeker11 said:

Scottish BS

Can anyone tell me if you have got any automated messages from SBS after submitting your application by email?  I emailed mine off on Fri evening, haven't got any answer today which could be normal but I would have expected an automated reply when the email was sent?

I did not get an automated message here, just an email once they processed it

Thank you! Helpful to know.