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The Top Regular Savers Discussion Thread
Comments
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You need to close the 5% one first
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You need to close the 5% one first before you can open the 8% one. I did this in the app and it was pretty quick and straightforward.
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Beverley BS RS issue 2
Remember, this is the 3rd smallest BS, only one branch, 20-ish staff. They were adventurous or different with issue 1, and they have come back with issue 2 on pretty much the same terms, but maximum monthly contribution is much higher. Remember that issue 1 went NLA within 4 days.
I am taking the view that since I am happy to fund issue 1 with £150 per month then I am going to be equally happy to fund with £650 per month, at least for a while. I think having two accounts will offer flexibility (edit - to decide which one to close) on future New Years Days.
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https://forums.moneysavingexpert.com/discussion/comment/82059791/
*At the third paragraph, "imrove" should be "improve".
Your membership of The Guild is temporarily suspended pending a further review.
/s
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Beverley
Surely the being able to fund a mac of £500 a month is a great feature of this account??
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Mansfield, Dudley and Monmouthshire also permit this without imposing terms that would pay well below average Easy Access rates for one mistake/withdrawal.
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you did better than me - I ran into the "unable to verify your ID" issue and they will review the application… feels like the same issue I had with Teachers… perhaps their server is similarly getting swamped with applications.
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Each of these mature after a year. There is the potential with Beverley BS to build a high balance with no specified end date.
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I closed my Nationwide Regular down instantly via the app & transferred to money to the 8% Santander Regular Saver 😊
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So basically ditch after a year then open new if still available yeah?
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