The Top Regular Savers Discussion Thread

10_66

https://forums.moneysavingexpert.com/discussion/comment/82022010#Comment_82022010

OH and I are both new customers, applied within a few minutes of each other, I got immediate email and account was opened yesterday, OH has had nothing at all from them, took screenshot at end of application though (just in case, and it did have different wording from mine).

clairec666

https://forums.moneysavingexpert.com/discussion/comment/82021772#Comment_82021772

The whole sign-up process is a bit strange, and it's a bit disconcerting to send money to an account that you can't see yet. Glad to have other forumites to share experiences so I know what to expect.

clairec666

https://forums.moneysavingexpert.com/discussion/comment/82022210#Comment_82022210

In short, yes. But haven't yet decided what to do about it.

Dizzycap

https://forums.moneysavingexpert.com/discussion/comment/82022321#Comment_82022321

If you received a screen confirmation of submission at the end of the RS application process, then the application should have gone though regardless of whether the application is showing in your online Teachers BS account portal or not. The system just couldn't cope with the demand of applications in less than 24 hours 😅 Boy, there's some keen eager savers out there 😆.

CricketLady

Hello!

I had an email from Teachers Building Society at 21.04 this evening telling me that my new savings account is now open and that a letter is in the post to me.

Timeline was as follows: applied 1st June, received registration confirmation email at 19.02 on 1st June

Registration Successful email arrived 2nd June at 13.25

"Your new account has been opened" email arrived 3rd June at 21.04

For reference, my application said "pending" until suddenly it mysteriously disappeared, and nothing has changed when I log in now - I sent my payment of £250 yesterday evening after 5pm using the temporary reference it gave me in my welcome email, I'm sure it will eventually appear.

Sending best wishes and luck to you all,

xx

Hattie627

https://forums.moneysavingexpert.com/discussion/comment/82022432#Comment_82022432

Does the latest received email contain your 10 digit account number or do you have to wait for the snail mail letter?

Dizzycap

Principality BS 1 Year Regular Saver Bond (Issue 38) - @ 5% Fixed. Min £1 - Max £250pm. Has just appeared on Money Facts, but not yet live or available on the Principality BS website at this very early hour of the day 😉

CricketLady

https://forums.moneysavingexpert.com/discussion/comment/82022465#Comment_82022465

Teachers Building Society 6.5%

Morning Dizzycap!

No, this third email simply told me that my account was open. The second email I had gave me a user ID (6 digits), the sort code and account number to pay into, plus a temporary reference in order to make my payment which it clearly stated was purely for the initial payment. It then said they would put more information in the post.

I was able to log in using the user ID and the password I set up in my application.

xx

friolento

Teachers

I have received my log in details, which work, and details for the initial payment. They advise that the initial payment should not be made until the next day, and that there will be a letter in the post once they have received the initial payment. This letter will contain the actual account number to be used as a Reference for subsequent deposits.

Opening this account as a new member is quite a lengthy palaver. They are using the same software as Principality but have more admin around it. Maturity processing might be fun……..

Hattie627

Things are beginning to start moving again on the RS scene.

In the last week I have opened the Dudley BS Bridgnorth Lions Club RS, also applied for the Teachers BS Everyone RS at a very nice 6%.

Now waiting for the Principality RSB Issue 38 to become available, Nothing spectacular at 5% but it's fixed and PBS accounts are very easy to open and manage, with efficient and reliable maturity process.

Edited to add:- PBS RSB38 now available online