The Top Regular Savers Discussion Thread

PowerSavingMode

Dizzycap said:

10_66 said:

Dizzycap said:

This might be useful to anyone who is holding:

TSB Monthly Savings Account

Around 7-10 days before your old RS matures, the system will allow you to open a New RS without any issues.

Mine was due to mature on 6th December and I opened a new RS on the 28th November which was fully funded from my TSB current account on the 29th. I then subsequently changed the automatic set-up monthly deposit date to the beginning of the December onwards, also without issue.

Looks like this early opening method is no longer possible, I've been trying to do this over the last few days (within the 7-10 days as mentioned above) and it just keeps stating that I can't open it as I already have one.

I'd keep retrying around 6-7 days as I've found it has varied from year to year. This year it was 10 days for me, the year before before 6 days before maturity of old RS. I always managed to open my new RS early via APP, if that's any help Also, make sure the TSB App is up to date

TSB Monthly Savings Account

FWIW, I've just tried this 'early opening' method nine days before maturity and it won't let me open a new one... Will try again in a few days' time and report back here IF successful.

Dizzycap

PowerSavingMode said:

Dizzycap said:

10_66 said:

Dizzycap said:

This might be useful to anyone who is holding:

TSB Monthly Savings Account

Around 7-10 days before your old RS matures, the system will allow you to open a New RS without any issues.

Mine was due to mature on 6th December and I opened a new RS on the 28th November which was fully funded from my TSB current account on the 29th. I then subsequently changed the automatic set-up monthly deposit date to the beginning of the December onwards, also without issue.

Looks like this early opening method is no longer possible, I've been trying to do this over the last few days (within the 7-10 days as mentioned above) and it just keeps stating that I can't open it as I already have one.

I'd keep retrying around 6-7 days as I've found it has varied from year to year. This year it was 10 days for me, the year before before 6 days before maturity of old RS. I always managed to open my new RS early via APP, if that's any help Also, make sure the TSB App is up to date

TSB Monthly Savings Account

FWIW, I've just tried this 'early opening' method nine days before maturity and it won't let me open a new one... Will try again in a few days' time and report back here IF successful.

I will also try opening another TSB RS early again this year; maturity for the present 6% RS is on the 27th, not that the new 5% interest rate for the the present TSB RS is enticing to me personally, but just to see if they've closed the loophole.

allegro120

PowerSavingMode said:

Dizzycap said:

10_66 said:

Dizzycap said:

This might be useful to anyone who is holding:

TSB Monthly Savings Account

Around 7-10 days before your old RS matures, the system will allow you to open a New RS without any issues.

Mine was due to mature on 6th December and I opened a new RS on the 28th November which was fully funded from my TSB current account on the 29th. I then subsequently changed the automatic set-up monthly deposit date to the beginning of the December onwards, also without issue.

Looks like this early opening method is no longer possible, I've been trying to do this over the last few days (within the 7-10 days as mentioned above) and it just keeps stating that I can't open it as I already have one.

I'd keep retrying around 6-7 days as I've found it has varied from year to year. This year it was 10 days for me, the year before before 6 days before maturity of old RS. I always managed to open my new RS early via APP, if that's any help Also, make sure the TSB App is up to date

TSB Monthly Savings Account

FWIW, I've just tried this 'early opening' method nine days before maturity and it won't let me open a new one... Will try again in a few days' time and report back here IF successful.

I've tried this twice a couple of years ago. TSB do enforce the 12 month rule, you have to wait until anniversary.  

Dizzycap

allegro120 said:

PowerSavingMode said:

Dizzycap said:

10_66 said:

Dizzycap said:

This might be useful to anyone who is holding:

TSB Monthly Savings Account

Around 7-10 days before your old RS matures, the system will allow you to open a New RS without any issues.

Mine was due to mature on 6th December and I opened a new RS on the 28th November which was fully funded from my TSB current account on the 29th. I then subsequently changed the automatic set-up monthly deposit date to the beginning of the December onwards, also without issue.

Looks like this early opening method is no longer possible, I've been trying to do this over the last few days (within the 7-10 days as mentioned above) and it just keeps stating that I can't open it as I already have one.

I'd keep retrying around 6-7 days as I've found it has varied from year to year. This year it was 10 days for me, the year before before 6 days before maturity of old RS. I always managed to open my new RS early via APP, if that's any help Also, make sure the TSB App is up to date

TSB Monthly Savings Account

FWIW, I've just tried this 'early opening' method nine days before maturity and it won't let me open a new one... Will try again in a few days' time and report back here IF successful.

I've tried this twice a couple of years ago. TSB do enforce the 12 month rule, you have to wait until anniversary.  

They certainly didn't for me for the past couple of years. I was able to open another TSB RS at least 5-6 days before the old one reached maturity, which is why mine matures on the 27th of November this year and not early December as per last.

Kim_13

Melton have now added instructions to pay according to the new account number format: https://www.themelton.co.uk/savings_information/paying-in-to-your-account/

Both the old details and the new adjusted details fail COP when trying to add to a new account.

Last month’s payment displayed differently (presumably as it had been redirected as it arrived using the old style reference.)

Ch1ll1Phlakes

Kim_13 said:

Melton have now added instructions to pay according to the new account number format: https://www.themelton.co.uk/savings_information/paying-in-to-your-account/

Both the old details and the new adjusted details fail COP when trying to add to a new account.

Last month’s payment displayed differently (presumably as it had been redirected as it arrived using the old style reference.)

If that's the case, I'm expecting an email from them. Otherwise, all payments in their accounts are going to have to be redirected.

mon3ysav3r

I could never get the Melton COP to be a match with any of my current accounts, and then they closed my account because it wasn't funded. Their website says there still are no online accounts available, this has been the case since the end of September!

OrangeBlueGreen

Kim_13 said:

Melton have now added instructions to pay according to the new account number format: https://www.themelton.co.uk/savings_information/paying-in-to-your-account/

Both the old details and the new adjusted details fail COP when trying to add to a new account.

Last month’s payment displayed differently (presumably as it had been redirected as it arrived using the old style reference.)

Interesting I guess they will probably write to everyone Whilst I can understand what they are doing, it's not the clearest when instructions are drop the letters and add a zero unless your number is blah blah blah, way to make it sound overcomplicated They'd be better off just writing to everyone with their specific circumstances and new account numbers.

Kim_13

mon3ysav3r said:

I could never get the Melton COP to be a match with any of my current accounts, and then they closed my account because it wasn't funded. Their website says there still are no online accounts available, this has been the case since the end of September!

Never worked for me with Issue 6 but eventually did with Adcock (which is the account I now want to fund from elsewhere.) 

kermchem

Newcastle BS Festive RS

At 6.5% variable, max £150/month, 12 months, this meets my minimum funding level, so I made a branch appointment using the web-form.

Branch appointment - some additional personal details confirmed and my society membership confirmed. Awkward question about my Monument RS account ( ) - I cannot remember visiting that smart new branch, but it turns out one of my kids really has walked past recently - must have photographed the QR code  .

Festive RS opened. Paper application form printed out, filled in and signed. I am not sure if my details were put into their records in the meeting, or someone is going to transcribe from the paper form - i.e., if there is an "application form" on their internet / intranet. Passbook handed over and an opening deposit made. The account number is the same format as Monument RS, and I signed up to have it added to my online account, but not yet appeared. Passbook has details of how to fund the account, so I see no need to go back in branch for 12 months, but it does appear to be a branch passbook account with no external way to open it. No QR code or url that I saw.