The Top Regular Savers Discussion Thread

avocado1988

https://forums.moneysavingexpert.com/discussion/comment/82019347#Comment_82019347

I suppose there is no harm in trying (when I went through the process just now, there was a dropdown where I selected Educational Professional and I think if you started the application you will be able to see if there is "Supply" and hopefully there is - I hope it works for you! There was a non-compulsory bit where you could put your employer/organisation down - I put mine in there but perhaps you could put your supply teaching agency down there?)

avocado1988

Also can we open both the teacher version @6.5% and the "regular saver for everyone" @6%? I couldn't seem to find something saying if you are limited to 1 regular saver with Teacher's Building Society…

Gers

https://forums.moneysavingexpert.com/discussion/comment/82019427#Comment_82019427

Funnily enough it worked now, no VPN. Now waiting to hear.

nottsphil

Is it true you can't make a penalty-free withdrawal from a 2-year Leeds Regular Saver if it's maturing later that calendar year? Mine's been open 23 months but I've just noticed that it says (for a subsequent issue no.)

One withdrawal per calendar year (including account closure) is permitted subject to the minimum balance of £100 being maintained. Further withdrawals can be made subject to 30 days loss of interest on the amount withdrawn

Dizzycap

https://forums.moneysavingexpert.com/discussion/comment/82019402#Comment_82019402

I believe they connect your NI Number to the account which pulls up info regarding being in education employment, whether past or present, actively working, ex-education, or retired. I had no problem opening another Teachers product with the Teachers BS last month as they were able to connect my NI number successfully with past employment. It took a few days; around 4 for the account to be opened from application as they needed to check everything - Fair enough 🤗. I'm hoping that the Teachers RS @ 6.5% I've applied for this evening will be opened tomorrow and the same for the open to all RS @6%. as my details have already been verified and are already logged in my online TBS dashboard. It would be nice to get a couple of RS for June as I like to space RS maturities over the course of each month of the year, if and when I can.

Dizzycap

https://forums.moneysavingexpert.com/discussion/comment/82019523#Comment_82019523

I've applied for both this evening as they are 2 different Issue 1 RS products and the TBS system allowed me to apply for both when I logged in. I received email confirmation of application from TBS for them both.

granta

https://forums.moneysavingexpert.com/discussion/comment/82019555#Comment_82019555

That's interesting about the NI number. I didn't know that third parties could check other information about you via your number.

Would that not have some data protection issues?

But I don't know how these things are linked up in the background!

Dizzycap

https://forums.moneysavingexpert.com/discussion/comment/82019562#Comment_82019562

I believe it's linked up in the background. How I've no idea, but personally, no direct third party searches have been made on my linked nominated bank account. It's the same for Blue Light / NHS only savings accounts via credit unions and online discounts etc it gets connected some how, although payments are often taken directly from wages each month, there is an option to make a manual/SO payment each month too. TBH, ethically, I wouldn't even think about trying to apply for something / an enhanced interest rate on a savings product for a specific field I'd never worked in.

jameseonline

I've been paid £27.08 interest for Club Lloyds Monthly which is nice considering I reduced it down to £1, just setup another & fully funded. 😊

CO OP Regular Saver has appeared in app so fully funded that too.😊

masonic

https://forums.moneysavingexpert.com/discussion/comment/82019553#Comment_82019553

It would be rather odd if they considered the account maturity a withdrawal for the purposes of applying the penalty. It is not under the control of the customer.