The Top Regular Savers Discussion Thread

allegro120

Bridlington1 said:

subjecttocontract said:

dul50n said:

CricketLady said:

Hanley Economic - is anyone else having trouble getting the one time passcode by email to view the message that they have "successfuly sent"?  (their spelling!)

Apparently I have 15 minutes before the code expires but not for the first time today, I'm waiting ten minutes then clicking for them to "send again".  I've checked spam, it's not in there - am I doing something wrong and can anyone advise what to do?  

No, you're not alone

I thought I was going mad, I've clicked on the "Sign in with a One-time passcode" link dozens of times today and nothing turned up

I gave it one more go on my phone when I got home from work, and for the one and only time a code landed in spam, but I had to leave the page where the code is entered to retrieve the code so it expired, I could have screamed

I've tried since and no codes are coming through

I've sent them a disparaging email but I've yet to have a reply

If the rest of their admin is anything like this it might not be worth bothering at all 

When I read posts like this I have lots of sympathy for the OP and then I have a quiet chuckle whilst remembering all those posters who tell us that administering vast numbers of regular savers takes them just a few minutes each month ! 😉😉

It depends on how urgently you need access to online banking really. I seldom need to log into the online banking or the apps of most of my regular savers as once the account's open I don't tend to bother to see if the payment's been received, especially if I've made payments to the same payee before. If I've checked the payee details are correct when opening the account and it's passed CoP then I'm pretty confident the money'll arrive.

It's only if I need to make a withdrawal or open/close an account that I'll usually look in online banking, even then I quite often future date withdrawals/closure of regular savers as most of the time it's for funding other regular savers so I know I'll need the money on a set date, in these instances there isn't as much of a hurry to get into online banking so if it's down, OTPs aren't arriving etc then I can typically afford to wait a few hours and try again later without being impacted and without it taking up much more of my time.

I was always checking every single payment, no payments have ever failed.  Thinking about it, this is more of a habit, don't really need to do this.  If anything goes wrong, deposits always bounce back.

s71hj

allegro120 said:

Bridlington1 said:

subjecttocontract said:

dul50n said:

CricketLady said:

Hanley Economic - is anyone else having trouble getting the one time passcode by email to view the message that they have "successfuly sent"?  (their spelling!)

Apparently I have 15 minutes before the code expires but not for the first time today, I'm waiting ten minutes then clicking for them to "send again".  I've checked spam, it's not in there - am I doing something wrong and can anyone advise what to do?  

No, you're not alone

I thought I was going mad, I've clicked on the "Sign in with a One-time passcode" link dozens of times today and nothing turned up

I gave it one more go on my phone when I got home from work, and for the one and only time a code landed in spam, but I had to leave the page where the code is entered to retrieve the code so it expired, I could have screamed

I've tried since and no codes are coming through

I've sent them a disparaging email but I've yet to have a reply

If the rest of their admin is anything like this it might not be worth bothering at all 

When I read posts like this I have lots of sympathy for the OP and then I have a quiet chuckle whilst remembering all those posters who tell us that administering vast numbers of regular savers takes them just a few minutes each month ! 😉😉

It depends on how urgently you need access to online banking really. I seldom need to log into the online banking or the apps of most of my regular savers as once the account's open I don't tend to bother to see if the payment's been received, especially if I've made payments to the same payee before. If I've checked the payee details are correct when opening the account and it's passed CoP then I'm pretty confident the money'll arrive.

It's only if I need to make a withdrawal or open/close an account that I'll usually look in online banking, even then I quite often future date withdrawals/closure of regular savers as most of the time it's for funding other regular savers so I know I'll need the money on a set date, in these instances there isn't as much of a hurry to get into online banking so if it's down, OTPs aren't arriving etc then I can typically afford to wait a few hours and try again later without being impacted and without it taking up much more of my time.

I was always checking every single payment, no payments have ever failed.  Thinking about it, this is more of a habit, don't really need to do this.  If anything goes wrong, deposits always bounce back.

Yep. I regard COP as a game changer, rightly or wrongly

Chaykin

Hanley Economic BS - I got their online version. Will try to open branch version via post c/w cheque. Will post to Biddulph branch and I will let you all know how I get on.

Also - Manchester BS - new Festive Regular Saver - 6.5%, £150/month, 12 month term. It says "Apply online or in branch" in one place but later on it says "Opening your account: In branch." so looks like opening in branch only. Tried some link manipulation but to no avail.

Hattie627

Chaykin said:

Hanley Economic BS - I got their online version. Will try to open branch version via post c/w cheque. Will post to Biddulph branch and I will let you all know how I get on.

Also - Manchester BS - new Festive Regular Saver - 6.5%, £150/month, 12 month term. It says "Apply online or in branch" in one place but later on it says "Opening your account: In branch." so looks like opening in branch only. Tried some link manipulation but to no avail.

Not the only mistake in the Manchester BS terms for the new Festive RS. Looks like a copy and paste job from their recently launched RS

What would the estimated balance be after 12 months based on a deposit of £150 per month?

Amount Saved: £1,800.00 Interest earned: £63.38 Balance after 24 months: £1,863.38 This projection is based on: -  an initial Deposit of £150 made on the first day of the month -  11 further monthly Deposits of £150 made on the 1st of each calendar   month thereafter -  no further Deposits or withdrawals made during the term; and -  the rate of interest on account opening staying the same during the term. Please note: This projection is provided for illustrative purposes only and does not take into account customer’s individual circumstances.

happybagger

Chaykin said:

Also - Manchester BS - new Festive Regular Saver - 6.5%, £150/month, 12 month term. It says "Apply online or in branch" in one place but later on it says "Opening your account: In branch." so looks like opening in branch only. Tried some link manipulation but to no avail.

As Manchester is a trading name of Newcastle BS, I checked there, and they also have the same 6.5% Festive RS available, again branch only opening

Neither MBS or NBS account is available from their online portal as an existing customer under "Apply Online"

rallycurve

Principality BS

Regarding the renewal of a matured RS, would it be better to renew to an additional 6 month regular saver at 7.50% (£200 pm) or go with an additional Christmas regular saver at 6.50% (£150pm) but lasting for a full year? 

I am assuming it'll be possible to have multiple Christmas RS too via maturity instructions

Kim_13

rallycurve said:

Principality BS

Regarding the renewal of a matured RS, would it be better to renew to an additional 6 month regular saver at 7.50% (£200 pm) or go with an additional Christmas regular saver at 6.50% (£150pm) but lasting for a full year? 

I am assuming it'll be possible to have multiple Christmas RS too via maturity instructions

Personally, I'd take the 6m - but this may be my disappointment that they increased the contribution and cut the rate, rather than leaving it unchanged.

Extra contribution is £600, for circa £15 more interest than 2 x 6m savers (but that relies on being able to get another 6m in June and circle the £1,200 again.) 

Then again I'm not completely filling the savers I've got, so the appeal of the 1 year/£1,800 would be higher if I were.

francoghezzi

MHBS
On line the options (see above) for the maturity instructions for the Regular Saver ending 30/11: there is a message in on line banking. No appealing RS on offer so a full closure could be the most reasonable decision (at least for me). Easy process to set up what is needed: took me just a couple of minutes. Money will be transferred by the end of the 1st of December.
Instructions must be provided by 5pm Friday 28 November

mhoc

rallycurve said:

Principality BS

Regarding the renewal of a matured RS, would it be better to renew to an additional 6 month regular saver at 7.50% (£200 pm) or go with an additional Christmas regular saver at 6.50% (£150pm) but lasting for a full year? 

I am assuming it'll be possible to have multiple Christmas RS too via maturity instructions

I have one maturing Principality on the 17th November that I've opted to turn into an additional Christmas saver - mainly so that I have a regular saver maturing in November 2026 - there is a gap in November 2026 where nothing was maturing so I've been tackling this issue from various angles this month. 

But having looked at my other Principality savers list there are several more with December 5th 2025 onwards maturing days so in another week these will need maturity instructions and I will need to work out which ones I need to mature June 2026 and which ones December 2026 ...

jaypers

happybagger said:

Chaykin said:

Also - Manchester BS - new Festive Regular Saver - 6.5%, £150/month, 12 month term. It says "Apply online or in branch" in one place but later on it says "Opening your account: In branch." so looks like opening in branch only. Tried some link manipulation but to no avail.

As Manchester is a trading name of Newcastle BS, I checked there, and they also have the same 6.5% Festive RS available, again branch only opening

Neither MBS or NBS account is available from their online portal as an existing customer under "Apply Online"

If I open one of these in branch, can I then manage online? Looking at Manchester’s website, it seems that you can’t.