The Top Regular Savers Discussion Thread

trickydicky14

flaneurs_lobster said:

Dizzycap said:

Bridlington1 said:

cricidmuslibale said:

Newcastle BS Festive Regular Saver & Manchester BS Festive Regular Saver

To me at least, it is not really in keeping with the term festive and the spirit of openness and generosity that normally goes along with it to release a new seasonal regular savings account and then restrict it to branch opening only, especially when there’s literally only one branch that currently exists as is the case with the Manchester BS version of this account. I’m more than a little surprised that these two regular savers were not at least made available to ‘locals’ with suitable postcodes within a certain radius from Newcastle and Manchester respectively, which to me is an obvious and fair expression of appropriate festive generosity without allowing an overwhelming deluge of interest from here, there and everywhere!

Firstly it's been rather a while since I've seen you round these parts @cricidmuslibale, so it's nice to have you back.

I think it might've been rather more generous if they'd not restricted it to branch opening and instead opened up the Newcastle one at least to online applications for locals and existing members of however long, but it is what it is.

As an aside I think we have very different ideas of the term festive and what usually accompanies it though. In my experience the term festive is often accompanied by selfishness, greed, waste and more often than not bringing out the worst in people, mixed in with a shear intolerance of anyone who would rather not have to contend with it all.

I couldn't have expressed that statement better myself     

 Seconded.

Thirded....

Bridlington1

trickydicky14 said:

flaneurs_lobster said:

Dizzycap said:

Bridlington1 said:

cricidmuslibale said:

Newcastle BS Festive Regular Saver & Manchester BS Festive Regular Saver

To me at least, it is not really in keeping with the term festive and the spirit of openness and generosity that normally goes along with it to release a new seasonal regular savings account and then restrict it to branch opening only, especially when there’s literally only one branch that currently exists as is the case with the Manchester BS version of this account. I’m more than a little surprised that these two regular savers were not at least made available to ‘locals’ with suitable postcodes within a certain radius from Newcastle and Manchester respectively, which to me is an obvious and fair expression of appropriate festive generosity without allowing an overwhelming deluge of interest from here, there and everywhere!

Firstly it's been rather a while since I've seen you round these parts @cricidmuslibale, so it's nice to have you back.

I think it might've been rather more generous if they'd not restricted it to branch opening and instead opened up the Newcastle one at least to online applications for locals and existing members of however long, but it is what it is.

As an aside I think we have very different ideas of the term festive and what usually accompanies it though. In my experience the term festive is often accompanied by selfishness, greed, waste and more often than not bringing out the worst in people, mixed in with a shear intolerance of anyone who would rather not have to contend with it all.

I couldn't have expressed that statement better myself     

 Seconded.

Thirded....

But to bring us back to the scope of this thread, the one silver lining is that we often get decent Christmas regular savers out of it all, some of which make up my own collection of accounts.

Admittedly these are accounts that might well've been launched anyway but with a different name had it not been for Christmas but at least it's something I suppose.

Chaykin

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.

Hanley Economic BS - I did as I said above and this is the response I got via email today.

We have received an application and a cheque for £300 to open a Branch Smart Saver.

Unfortunately, we are unable to open the account in branch as you need to be present to do this. This is highlighted in our terms and Conditions.

You can however open this online,  therefore I am returning your application and cheque in the post.

As we are not sure how long this savings account will be available, I would suggest you open this online as soon as possible to avoid disappointment.

@nomorekids - really lucky for you that you managed to open this via post. Would be good if you could remember which branch you posted your application to.

ChewyyBacca

Santander RS 5%
Apologies if this has been discussed before

My RS maturity date was 18 Nov. Today on 19th, interest is credited & RS acct shows as Monthly saver at 5%

My excel sheet has two notes: 
1. If your standing order continues
If you’ve set up a standing order which continues to pay money into the account after the end of the initial term, we’ll automatically renew your Regular Saver for another 12 months. We’ll do this at the interest rate and on the terms and conditions which apply at that time.

We’ll transfer the final balance at the end of the initial term (as well as any interest you’ve earned) to the Santander current account linked to the standing order. We’ll do this even if your current account is in joint names.

2. To refresh the RS: empty the account, contact Sandi.a human will ask what account I wanted the interest paid to, your current account. will all actioned by end of day and you can open the new one next morning 

I have a Standing Order set up. Which of these options should I go for? 

Leave it be & Option 1 will do its work

Contact Sandi today or tomorrow (since acct still shows 5%) to get this done?

Thanks

dibbles212

ChewyyBacca said:

Santander RS 5%
Apologies if this has been discussed before

My RS maturity date was 18 Nov. Today on 19th, interest is credited & RS acct shows as Monthly saver at 5%

My excel sheet has two notes: 
1. If your standing order continues
If you’ve set up a standing order which continues to pay money into the account after the end of the initial term, we’ll automatically renew your Regular Saver for another 12 months. We’ll do this at the interest rate and on the terms and conditions which apply at that time.

We’ll transfer the final balance at the end of the initial term (as well as any interest you’ve earned) to the Santander current account linked to the standing order. We’ll do this even if your current account is in joint names.

2. To refresh the RS: empty the account, contact Sandi.a human will ask what account I wanted the interest paid to, your current account. will all actioned by end of day and you can open the new one next morning 

I have a Standing Order set up. Which of these options should I go for? 

Leave it be & Option 1 will do its work

Contact Sandi today or tomorrow (since acct still shows 5%) to get this done?

Thanks

Leave it be option 1 worked for me

allegro120

ChewyyBacca said:

Santander RS 5%
Apologies if this has been discussed before

My RS maturity date was 18 Nov. Today on 19th, interest is credited & RS acct shows as Monthly saver at 5%

My excel sheet has two notes: 
1. If your standing order continues
If you’ve set up a standing order which continues to pay money into the account after the end of the initial term, we’ll automatically renew your Regular Saver for another 12 months. We’ll do this at the interest rate and on the terms and conditions which apply at that time.

We’ll transfer the final balance at the end of the initial term (as well as any interest you’ve earned) to the Santander current account linked to the standing order. We’ll do this even if your current account is in joint names.

2. To refresh the RS: empty the account, contact Sandi.a human will ask what account I wanted the interest paid to, your current account. will all actioned by end of day and you can open the new one next morning 

I have a Standing Order set up. Which of these options should I go for? 

Leave it be & Option 1 will do its work

Contact Sandi today or tomorrow (since acct still shows 5%) to get this done?

Thanks

Leave it be and and option 1 will do its work.  You should see your money in your current account later tonight or tomorrow morning.

Option 2 is for refreshment (i.e. if you want to close your existing RS earlier and open a new one in order to extend the fixed interest or get a better interest if the rate goes up).

nomorekids

Chaykin said:

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.

Hanley Economic BS - I did as I said above and this is the response I got via email today.

We have received an application and a cheque for £300 to open a Branch Smart Saver.

Unfortunately, we are unable to open the account in branch as you need to be present to do this. This is highlighted in our terms and Conditions.

You can however open this online,  therefore I am returning your application and cheque in the post.

As we are not sure how long this savings account will be available, I would suggest you open this online as soon as possible to avoid disappointment.

@nomorekids - really lucky for you that you managed to open this via post. Would be good if you could remember which branch you posted your application to.

I can't honestly remember, I was rushed to get the post but looking at the branches, it would have been Hanley Branch, knowing me, can't be certain though. Hope this helps anyone