The Top Regular Savers Discussion Thread

Dugal

https://forums.moneysavingexpert.com/discussion/comment/82064889#Comment_82064889

Dudley BS loyalty RS

Several days after receiving the letter with account details it would not pass COP from Lloyds. So carefully sent a test £50 Deposit, on checking the next day it was in my account.

Joseph1215

https://forums.moneysavingexpert.com/discussion/comment/82064612#Comment_82064612

Beverley (sorry!)

This is a disagreement about language, which Beverley has used a bit loosely.

As long as you just withdraw in January and no other month, you remain eligible for the bonus to be paid in the December of the same year, 11 months later. It doesn't matter whether they call it 'next' or 'following', they mean the same thing in this context. Can't say any more!

janusd

https://forums.moneysavingexpert.com/discussion/comment/82064889#Comment_82064889

if it makes you feel any better, it is not passing for me either (doesn't seem to like the roll number) - it's been well over a week since opening.

I have already paid a £50 test deposit (failed CoP), followed by a further £450 when I saw the initial deposit had been accepted…

I was hoping to setup a new payment for next month that passes CoP, but looks as though it is always going to fail… always remember Santander telling me years ago (during a block) that they would show internally to them as not matching CoP… but if it can't be avoided, then no point worrying about it.

I suspect I received the same secure message about this as you…

Good morning,

Thank you for your message.

If you are quoting the details below:

Account Number: 10001008

Sort Code: 60-83-18

Reference: xxxxxxxxx

The warning message you are seeing can be overridden, as we are not a clearing bank. I can confirm that any payments made using the above details will be received successfully.

I too have other RS with Dudley and they have all passed CoP - the above is probably the first time in a couple of years that I have sent any payment that didn't…. in other news, the passbook for this account arrived yesterday (with the two payments listed).

dcs34

https://forums.moneysavingexpert.com/discussion/comment/82064961#Comment_82064961

I have found with Dudley I have to add my middle name to get CoP to match, so it might be something like that where they are using a slightly different permutation of your name (e.g. initial, shortened, etc.)?

janusd

https://forums.moneysavingexpert.com/discussion/comment/82065000#Comment_82065000

I don't have a middle name, so it definitely won't be that! 😃

I always use "Firstname Surname" for payments to me, though the Dudley welcome letter says to use "Mr Initial Surname" - neither works (or any combination) and it's the roll no / reference that is being highlighted by Santander… just tried First Direct out of interest, but that fails too - guess to be expected as they're all querying the same database / bank records.

bubieyehyeh

I've found with Lloyds sometime I get cop fail in the app, but then works with same details in internet banking in a browser on a pc. Only happens where the reference is needed for cop.

alfred64

https://forums.moneysavingexpert.com/discussion/comment/82065000#Comment_82065000

Dudley use Co-op bank if that's any help to you.

gt94sss2

https://forums.moneysavingexpert.com/discussion/comment/82064365#Comment_82064365

I have a more unusual issue with Beverley.

Applied for the RS2 as an existing customer and the account showed online and was funded earlier this week. However, I haven't received any documentation/letters from them..

allegro120

https://forums.moneysavingexpert.com/discussion/comment/82064915#Comment_82064915

Dudley

I used correct account number, but it didn't pass for 2 days, so I sent it anyway and the money arrived on the same day. I also have Festive 10001016 and 1225 10001008 - both passed CoP within a normal time frame.

kermchem

https://forums.moneysavingexpert.com/discussion/comment/82065066#Comment_82065066

I too opened Beverley BS RS 2 during the short window it opened. I funded it with £500 from Lloyds yesterday, using the account details from beverleyonline. I logged on to beverleyonline this morning - nothing. Log in again this afternoon and the correct balance is showing. In the notifications there is a link to open a message in the inbox, which reads:

Thank you for signing up for our Regular Saver Issue 2.
This message is just to make you aware of how the product will operate.
This account needs a monthly deposit making into the account between £10-£500 every month.
Deposits need to be received into the account before the end of each month (please try to send your deposit before the 25th of each month to ensure this is processed in the correct month)
Please be aware that this account has two interest rates applied to it, a running rate and a bonus rate.
The running rate is the only rate that our online platform can show you sadly.
Both interest payments will be applied to the account on 31st December. There are no withdrawals allowed from this product without forfeiting the bonus until 31st December.
In January you will be able to make a withdrawal and still be eligible for the bonus at the end of the following year.
If you have any questions about this account please contact the Society.
Kind regards
Savings Team

As far as I can see this message is clear (apart from the meaning of "following year"), and will remain in my beverleyonline inbox. I am happy. I am not desperate to receive anything else via Royal Snail.