The Top Regular Savers Discussion Thread

Dizzycap

https://forums.moneysavingexpert.com/discussion/comment/81909987#Comment_81909987

Based on the Monmouth RS info, it would appear that the interest would be payable at the end of the RS term:

What would the estimated balance be after 12 months based on a £500 deposit?
£6,194.55
Based on £500 being paid into the account each month for 12 months, with your first payment
being on the day you open your account, and the interest rate doesn’t change.

AndyTh_2

I tried to open a new Co-op regular saver the other day. Problem is I can't remember if I finished the form, and I understand they take their time on it. No email yet.

I can at least remember one of the final pages being asking if I want to set up a standing order (and having to give the bank account for the standing order even though selecting "no")

WillPS

https://forums.moneysavingexpert.com/discussion/comment/81910078#Comment_81910078

No harm resubmitting if you're not sure. Worst case they'll just send a letter saying you can't have one as you've already got one.

Their fault for having such a long winded opaque opening process, IMHO

Speculator

https://forums.moneysavingexpert.com/discussion/comment/81910078#Comment_81910078

After you finished the form, you should get one email ( Thank you for completing your application for our Regular Saver.) Immediately and a second email (Thank you for your recent application for a Regular Saver Account. We are delighted to tell you that your application has been approved.) around 30mins later.

AndyTh_2

https://forums.moneysavingexpert.com/discussion/comment/81910087#Comment_81910087

Ok thanks, I'll resubmit then, and try to not get too distracted from a many slow loading page application form.

edit: done and got email.

fonesaver

https://forums.moneysavingexpert.com/discussion/comment/81909965#Comment_81909965

I phoned them last week and they confirmed that the interest will be paid at the end of the 12 month term and NOT on 31st March. It's incorrect in the system.

jd84

Just noticed Nationwide appear to have stopped processing the internal standing orders over a weekend?

Saturday November 1st was fine but my last two are both showing as Monday 2nd February and March.

tr7phil

https://forums.moneysavingexpert.com/discussion/comment/81910136#Comment_81910136

Mine was still processed on Sunday but with Monday's date, it showed in the app as "Tomorrow"…

clairec666

https://forums.moneysavingexpert.com/discussion/comment/81910160#Comment_81910160

Same here, but mine were external transfers (manual, not standing orders).

s71hj

Ilmyself and my wife made a withdrawal of £1500 from our Natwest and RBS regular savers Sunday and put the same amount back in Monday and as yet it hasn't bounced back so fingers crossed this ploy may still work.