We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
The Top Regular Savers Discussion Thread
Comments
-
Mansfield BS to relaunch their My Milestone Saver at 6% (includes 2.75% bonus for 12 months) on 5/5/26.
Branch/post only
1 withdrawal/yr plus closure without penalty
£500/mth max19 -
Had a call from coop bank today, they blocked a payment to a new RS account made by s/o that I set up, bemoaning that I had opened a current account and am using it in an "irregular" way, depositing at the end of the month with the standing orders coming out on 1st. That is despite all s/o's are to accounts in my name (they already noted that). I have set up 8 and they aren't happy. Without confirming the details of the new standing order (sort code, a/c number etc) they won't allow it. I couldn't do so as I was working outdoors.
I don't intend to make it as my main account as they don't support open banking, pay zero interest, don't have a branch etc, but I wanted their RS so opened it.
Just thought I'd mention this as it seems, for them, using it in this way is making me person non grata, with just 8 RS accounts fed from it. Still open for now.
10 -
I haven't used my Co-Op current account for months. Shouldn't that be using it in an irregular way?
I consider myself to be a male feminist. Is that allowed?1 -
Co-op Bank have always had strange ways. Not surprised by this. Wouldn't use their current account. I have one, but only opened so I can have the Co-op RS (which is fed monthly from my Santander c/account along with multiple other RS SO's)
1 -
My Co-op CA sits with £5 apart from the 1st when I pay my RS funding in'n'out (manually). Been that way for years, not hassled me (yet).
0 -
For balance, I'll say that I've used Co-op for paying into a spall number of my RSs for a while now and never had any issues, I deposit however much on 1st (and/or 1st working day if applicable) and manually pay into some regular savers from it and thus far none of my payments have been blocked. I also emptied their RS as it matured and didn't have any issues.
One plus with Co-op though is that they are handy when paying into multiple RSs with the same sort code and account number, but with different reference numbers (e.g. Newcastle, Principality etc) as you can setup as many payees as you wish for the same sort code/account number but have different references and nicknames for each.
3 -
If its like the T&C's of the last one you will be forbidden from opening another one if you already have a Milestone Saver running at the moment and that is regardless of whether its held singly or in joint names
2 -
Had only problems with Coop with hours wasted on the phone in 3 different occasions having to explain why I was trasferring my money to my main account with Lloyds. In all 3 occasions money disappeared from my account without explanation only to re appear after 24 hours of calls and repeated explanations. Their Rs is not worth 4 hours and a half at the phone after a night shift spent worrying about where my money could be.
8 -
Mansfield BS My Milestone Saver
Will this be a different/new issue to Mansfield BS's most recent My Milestone Saver, i.e. can one have both an existing Mansfield BS My Milestone Saver AND a new Mansfield BS My Milestone Saver?
0 -
are Mansfield one of those BS that insists on physical applications in the post or is emailing an option?
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 355.2K Banking & Borrowing
- 254.7K Reduce Debt & Boost Income
- 455.8K Spending & Discounts
- 247.9K Work, Benefits & Business
- 605K Mortgages, Homes & Bills
- 178.8K Life & Family
- 262.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards