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The Top Regular Savers Discussion Thread
Comments
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I closed Manchester BS regular saver, reopened new one a few months later was automatically given new online ID.
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Beverley BS RS (Issue 2)
Mine now open (applied yesterday evening) and showing in online banking alongside existing Issue 1. Funded today.
Got a COP match straightaway with Santander using the account number shown in online banking as the reference.
Banking details for Beverley hard to find:-
Sort code 62-28-90 (National Westminster)
Account no: 00000000 (8 zeros)
Reference: 10 digit account number (starts 089)
Hope this helps.
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I was shown payment details on the final screen of the application flow
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N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.0 -
When closing my 5% Santander saver, the chat bot tells me to transfer my existing funds to another account before closing so the balance is zero. Where will my 6 months worth of interest end up?
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if you have other existing savings/current accounts with Santander, Sandi will allow you to choose one of them for the interest.
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Beverley Issue 2 now closed to new applications
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I'm somehow quite grateful. Almost thought I might have to apply for this one.
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I just managed to get in before it was pulled then.
The whole onboarding process was very smooth and very quick.
This is going to be my replacement for the rolling 6 month Principality RS, replacements for which are quite disappointing %-wise.
A big thankyou to whoever it was up-thread who pointed it out.
£6000 in 20230 -
Well that's made the decision for me. Despite reading all the account information several times I wasn't much closer to understanding how it works in practice. I decided against Issue 1 (for similar reasons) but the increased monthly limit for this one made it slightly more interesting.
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Presumably Beverley are getting sufficient applications for this account, despite the slightly finickity T&Cs. Otherwise they would have reviewed and changed things after issue 1.
Had the T&Cs been a little less awkward, and the rate been a bit higher, they might have had a mad rush for applications and ended up with a massive backlog like Buckinghamshire.
I like to support small building societies, but this one was below my threshold, and admittedly I was a bit bamboozled by the T&Cs too.
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