The Top Regular Savers Discussion Thread

allegro120

s71hj said:

allegro120 said:

Dizzycap said:

Hattie627 said:

trickydicky14 said:

Bridlington1 said:

trickydicky14 said:

I will be sooo glad when a new topic comes along. I'm going to lay down in a dark room until it goes away.

I would imagine Scottish BS'll come to your rescue at some point then, when I spoke to them they said they were hoping to launch their online RS either this week or next week.

Thanks Bridlington but I've applied for the postal version so I can't now get excited about the upcoming online one as I can only have the one, unless you know different you old boundary pusher.

Knowing the habits of the old lags on here, we'll all apply for the Scottish BS online version and hope for the best.

I certainly will be as 8 days after posting my application form for the Scottish BS RS, the monies still have been drawn from the cheque I also sent, so I've moved it back into an account that gets a higher interest rather than my current account. IMHO, 8 days is more than long enough for a BS to get themselves organised and either accept or reject an application, especially after sending off the application along with ID via email & then reciving an email of confirmation to send a cheque & including a completed print out form and ID again!

Scottish BS
It's about 10 days now since I've posted mine.  Few people who sent theirs on the same day reported that their cheques have been cleared a few days ago, but mine is still not cleared.  If not cleared tomorrow I'll have to call them.  If my envelope was lost or any other problems I will wait until they release the online version.

I don't keep funds in my current account in waiting for a cheque to be cleared.  When it's cleared I get notification on my phone and bring my balance back to zero.  It's better this way, no loss of interest. 

Do all banks do this? I'm with Santander and their notification system seems to have stopped. 

I think most of them do.  I get them from FD, HSBC, Natwest/RBS, Halifax... I don't get notifications from Santander because I never set it up.  If yours have stopped it may be worth trying to set it up again.

gt94sss2

Dizzycap said:

Hattie627 said:

trickydicky14 said:

Bridlington1 said:

trickydicky14 said:

I will be sooo glad when a new topic comes along. I'm going to lay down in a dark room until it goes away.

I would imagine Scottish BS'll come to your rescue at some point then, when I spoke to them they said they were hoping to launch their online RS either this week or next week.

Thanks Bridlington but I've applied for the postal version so I can't now get excited about the upcoming online one as I can only have the one, unless you know different you old boundary pusher.

Knowing the habits of the old lags on here, we'll all apply for the Scottish BS online version and hope for the best.

I certainly will be as 8 days after posting my application form for the Scottish BS RS, the monies still have been drawn from the cheque I also sent, so I've moved it back into an account that gets a higher interest rather than my current account. IMHO, 8 days is more than long enough for a BS to get themselves organised and either accept or reject an application, especially after sending off the application along with ID via email & then reciving an email of confirmation to send a cheque & including a completed print out form and ID again!

Why would you include a copy of your form and id again? If I was Scottish BS, I would be treating it as a second application.

potlings

allegro120 said:

s71hj said:

allegro120 said:

Dizzycap said:

Hattie627 said:

trickydicky14 said:

Bridlington1 said:

trickydicky14 said:

I will be sooo glad when a new topic comes along. I'm going to lay down in a dark room until it goes away.

I would imagine Scottish BS'll come to your rescue at some point then, when I spoke to them they said they were hoping to launch their online RS either this week or next week.

Thanks Bridlington but I've applied for the postal version so I can't now get excited about the upcoming online one as I can only have the one, unless you know different you old boundary pusher.

Knowing the habits of the old lags on here, we'll all apply for the Scottish BS online version and hope for the best.

I certainly will be as 8 days after posting my application form for the Scottish BS RS, the monies still have been drawn from the cheque I also sent, so I've moved it back into an account that gets a higher interest rather than my current account. IMHO, 8 days is more than long enough for a BS to get themselves organised and either accept or reject an application, especially after sending off the application along with ID via email & then reciving an email of confirmation to send a cheque & including a completed print out form and ID again!

Scottish BS
It's about 10 days now since I've posted mine.  Few people who sent theirs on the same day reported that their cheques have been cleared a few days ago, but mine is still not cleared.  If not cleared tomorrow I'll have to call them.  If my envelope was lost or any other problems I will wait until they release the online version.

I don't keep funds in my current account in waiting for a cheque to be cleared.  When it's cleared I get notification on my phone and bring my balance back to zero.  It's better this way, no loss of interest. 

Do all banks do this? I'm with Santander and their notification system seems to have stopped. 

I think most of them do.  I get them from FD, HSBC, Natwest/RBS, Halifax... I don't get notifications from Santander because I never set it up.  If yours have stopped it may be worth trying to set it up again.

I remember getting a message from Santander saying they were stopping some  notifications, but in the  event they seem to have stopped them all. I can't see anywhere to set them up either.

allegro120

subjecttocontract said:

allegro120 said:

Dizzycap said:

Hattie627 said:

trickydicky14 said:

Bridlington1 said:

trickydicky14 said:

I will be sooo glad when a new topic comes along. I'm going to lay down in a dark room until it goes away.

I would imagine Scottish BS'll come to your rescue at some point then, when I spoke to them they said they were hoping to launch their online RS either this week or next week.

Thanks Bridlington but I've applied for the postal version so I can't now get excited about the upcoming online one as I can only have the one, unless you know different you old boundary pusher.

Knowing the habits of the old lags on here, we'll all apply for the Scottish BS online version and hope for the best.

I certainly will be as 8 days after posting my application form for the Scottish BS RS, the monies still have been drawn from the cheque I also sent, so I've moved it back into an account that gets a higher interest rather than my current account. IMHO, 8 days is more than long enough for a BS to get themselves organised and either accept or reject an application, especially after sending off the application along with ID via email & then reciving an email of confirmation to send a cheque & including a completed print out form and ID again!

Scottish BS
It's about 10 days now since I've posted mine.  Few people who sent theirs on the same day reported that their cheques have been cleared a few days ago, but mine is still not cleared.  If not cleared tomorrow I'll have to call them.  If my envelope was lost or any other problems I will wait until they release the online version.

I don't keep funds in my current account in waiting for a cheque to be cleared.  When it's cleared I get notification on my phone and bring my balance back to zero.  It's better this way, no loss of interest. 

I posted mine 2nd class on 2/10. Cheque cashed 10/10. It's the 13/10 today the account is open but I'm waiting for my welcome pack and log in details. I have no expectations that everything will be in place anytime soon.

I called Scottish BS, they confirmed that they have received it but not yet processed.  I don't mind it is taking long, I'm not in a hurry

flaneurs_lobster

potlings said:

allegro120 said:

s71hj said:

Do all banks do this? I'm with Santander and their notification system seems to have stopped. 

I think most of them do.  I get them from FD, HSBC, Natwest/RBS, Halifax... I don't get notifications from Santander because I never set it up.  If yours have stopped it may be worth trying to set it up again.

I remember getting a message from Santander saying they were stopping some  notifications, but in the  event they seem to have stopped them all. I can't see anywhere to set them up either.

Santander do still have some notifications (aka Alerts)

https://www.santander.co.uk/personal/support/understanding-our-services/account-alerts

What they don't have is transaction by transaction notifications like RBS/NatWest, Lloyds etc. (not sure they ever did).

friolento

potlings said:

allegro120 said:

s71hj said:

allegro120 said:

Dizzycap said:

Hattie627 said:

trickydicky14 said:

Bridlington1 said:

trickydicky14 said:

I will be sooo glad when a new topic comes along. I'm going to lay down in a dark room until it goes away.

I would imagine Scottish BS'll come to your rescue at some point then, when I spoke to them they said they were hoping to launch their online RS either this week or next week.

Thanks Bridlington but I've applied for the postal version so I can't now get excited about the upcoming online one as I can only have the one, unless you know different you old boundary pusher.

Knowing the habits of the old lags on here, we'll all apply for the Scottish BS online version and hope for the best.

I certainly will be as 8 days after posting my application form for the Scottish BS RS, the monies still have been drawn from the cheque I also sent, so I've moved it back into an account that gets a higher interest rather than my current account. IMHO, 8 days is more than long enough for a BS to get themselves organised and either accept or reject an application, especially after sending off the application along with ID via email & then reciving an email of confirmation to send a cheque & including a completed print out form and ID again!

Scottish BS
It's about 10 days now since I've posted mine.  Few people who sent theirs on the same day reported that their cheques have been cleared a few days ago, but mine is still not cleared.  If not cleared tomorrow I'll have to call them.  If my envelope was lost or any other problems I will wait until they release the online version.

I don't keep funds in my current account in waiting for a cheque to be cleared.  When it's cleared I get notification on my phone and bring my balance back to zero.  It's better this way, no loss of interest. 

Do all banks do this? I'm with Santander and their notification system seems to have stopped. 

I think most of them do.  I get them from FD, HSBC, Natwest/RBS, Halifax... I don't get notifications from Santander because I never set it up.  If yours have stopped it may be worth trying to set it up again.

I remember getting a message from Santander saying they were stopping some  notifications, but in the  event they seem to have stopped them all. I can't see anywhere to set them up either.

They have stopped all but the warnings when you get overdrawn

where_are_we

What is the best policy with regards to RS postal applications requiring first deposit by cheque. I have lost at least £1 in interest and mounting keeping my EA current account (usual balance near zero) paying 0% interest topped up to cover these cheques. If I kept the balance at near zero does the cheque bounce when it goes through, or as in the case of standing orders do I get a bank warning text asking me to top up my balance to cover the payments before a certain time later that day?

allegro120

potlings said:

allegro120 said:

s71hj said:

allegro120 said:

Dizzycap said:

Hattie627 said:

trickydicky14 said:

Bridlington1 said:

trickydicky14 said:

I will be sooo glad when a new topic comes along. I'm going to lay down in a dark room until it goes away.

I would imagine Scottish BS'll come to your rescue at some point then, when I spoke to them they said they were hoping to launch their online RS either this week or next week.

Thanks Bridlington but I've applied for the postal version so I can't now get excited about the upcoming online one as I can only have the one, unless you know different you old boundary pusher.

Knowing the habits of the old lags on here, we'll all apply for the Scottish BS online version and hope for the best.

I certainly will be as 8 days after posting my application form for the Scottish BS RS, the monies still have been drawn from the cheque I also sent, so I've moved it back into an account that gets a higher interest rather than my current account. IMHO, 8 days is more than long enough for a BS to get themselves organised and either accept or reject an application, especially after sending off the application along with ID via email & then reciving an email of confirmation to send a cheque & including a completed print out form and ID again!

Scottish BS
It's about 10 days now since I've posted mine.  Few people who sent theirs on the same day reported that their cheques have been cleared a few days ago, but mine is still not cleared.  If not cleared tomorrow I'll have to call them.  If my envelope was lost or any other problems I will wait until they release the online version.

I don't keep funds in my current account in waiting for a cheque to be cleared.  When it's cleared I get notification on my phone and bring my balance back to zero.  It's better this way, no loss of interest. 

Do all banks do this? I'm with Santander and their notification system seems to have stopped. 

I think most of them do.  I get them from FD, HSBC, Natwest/RBS, Halifax... I don't get notifications from Santander because I never set it up.  If yours have stopped it may be worth trying to set it up again.

I remember getting a message from Santander saying they were stopping some  notifications, but in the  event they seem to have stopped them all. I can't see anywhere to set them up either.

Santander
I've just tried to set it up now and learned that they have stopped most notifications including transactions in May this year.  It's a shame, notifications are quite useful. 

gt94sss2

where_are_we said:

What is the best policy with regards to RS postal applications requiring first deposit by cheque. I have lost at least £1 in interest and mounting keeping my EA current account (usual balance near zero) paying 0% interest topped up to cover these cheques. If I kept the balance at near zero does the cheque bounce when it goes through, or as in the case of standing orders do I get a bank warning text asking me to top up my balance to cover the payments before a certain time later that day?

Depends on the bank and how they are feeling that day. 

You could consider having an overdraft facility on your current account so such payments don't bounce.

If you keep such a close eye on your finances as your post suggests than you can ensure that there is not a negative balance at the end of the day.

clivep

gt94sss2 said:

Dizzycap said:

Hattie627 said:

trickydicky14 said:

Bridlington1 said:

trickydicky14 said:

I will be sooo glad when a new topic comes along. I'm going to lay down in a dark room until it goes away.

I would imagine Scottish BS'll come to your rescue at some point then, when I spoke to them they said they were hoping to launch their online RS either this week or next week.

Thanks Bridlington but I've applied for the postal version so I can't now get excited about the upcoming online one as I can only have the one, unless you know different you old boundary pusher.

Knowing the habits of the old lags on here, we'll all apply for the Scottish BS online version and hope for the best.

I certainly will be as 8 days after posting my application form for the Scottish BS RS, the monies still have been drawn from the cheque I also sent, so I've moved it back into an account that gets a higher interest rather than my current account. IMHO, 8 days is more than long enough for a BS to get themselves organised and either accept or reject an application, especially after sending off the application along with ID via email & then reciving an email of confirmation to send a cheque & including a completed print out form and ID again!

Why would you include a copy of your form and id again? If I was Scottish BS, I would be treating it as a second application.

Scottish BS

I enclosed a copy of the form (but not a copy of my id) with the cheque to assist in matching my emailed application. I used a highlighter pen to write on the form that it was a copy of the emailed application.

It was sent on 4th October to the freepost address but has not yet been processed. I've just emailed them to ask if they received it OK.

Edit 11.30...

Reply back from SBS to say cheque received and credited to my a/c.