The Top Regular Savers Discussion Thread

kermchem

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.

dcs34

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

topyam

Beverley

Surely the being able to fund a mac of £500 a month is a great feature of this account??

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/82060836#Comment_82060836

Mansfield, Dudley and Monmouthshire also permit this without imposing terms that would pay well below average Easy Access rates for one mistake/withdrawal.

janusd

https://forums.moneysavingexpert.com/discussion/comment/82060453#Comment_82060453

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.

happybagger

https://forums.moneysavingexpert.com/discussion/comment/82060839#Comment_82060839

Each of these mature after a year. There is the potential with Beverley BS to build a high balance with no specified end date.

jameseonline

I closed my Nationwide Regular down instantly via the app & transferred to money to the 8% Santander Regular Saver 😊

jameseonline

https://forums.moneysavingexpert.com/discussion/comment/82044505#Comment_82044505

So basically ditch after a year then open new if still available yeah?

surreysaver

https://forums.moneysavingexpert.com/discussion/comment/82060886#Comment_82060886

Did you only have one month's worth of deposits in the Nationwide account?

jameseonline

https://forums.moneysavingexpert.com/discussion/comment/82045870#Comment_82045870

You've answered your own question, yay, not that much hassle though to open a current account generally speaking, then opening a savings account, the problem people seem to have is when they want to do switch offers, instead of creating another current account they want to switch a current account rather than keep it then have to go through the whole process again if something good comes as long or they simply lose out.

Personally I keep every single current account I open, so can easily strike should a new savings account come up, similarly I keep at least 1 savings account open with building societies to keep membership.

I put the work in to get accounts over a few years, why would I easily give them up if I don't need to?