The Top Regular Savers Discussion Thread

adindaspantai

Just want to share my personal experience opening BoS Monthly saver.

I already have BoS Monthly saver for five month paying 5.5%. This is what I did to close the existing one and open the new one paying 8%.

1. Empty the Existing RS or the balance will need to be lower than £5.
2. Ask CS (via online chat) to close your RS. Typically, you will speak to the bot and then they will direct you to Human CS. But expect that the answer could be around 30min. And in the meanwhile your online banking use for chat will automagically disconnected, so you will need to login again to wait for their response and continue chatting..An the end they confirm the account has been closed and you could immediately see the BOS RS will disappear from the account list.
3. Wait for around 24 business hours (?). Even the BoS MS has disappears you will need to wait, I think 24h business hours (?). In my case the existing MS is closed around 16:30 the day before and the following day during lunch time, I checked it, I still can not open it. In the evening I try it again and I managed to open a new one which opens immediately This is the most annoying thing, IMO. I wonder why they do not just make it easier to save time for both the customer and themselves by allowing people to close it online by themselves, keep in mind closing account earlier is not against their T&C ?
4. Apply for the new 8% one, and the account will open immediately ready to be funded via internal transfer

bioboybill

https://forums.moneysavingexpert.com/discussion/comment/82094964#Comment_82094964

Yes, just got an email to say mine is open now.

adindaspantai

If you are an existing customer of Ecology BS, you already have Ecology Account and want to open a new Regular saver paying 6% do not waste your time like what I did yesterday, trying to open it by myself. I spent around 30m tried to re-register, to get access to my existing online Banking, 😁😁. lt iwas going into a circle, keep coming back to square one the same webpage.even after email verification.

The best thing to do is to Call their Customer Services, 01535 650 770 during the office hours. You will also get this phone number when you tried to re-register.

In my case the waiting time is very short less than 5m

When you call 01535 650 770 choose 'online banking' rather than saving. The CS at the other end will guide you to register and access your existing online banking

Once you get your online banking access, the process is very simple and straight forward to apply and to fund the account.

What_time_is_it

Does the Ecology regular saver mature 12 months from the date you open it, or 12 months from the date you first fund it?

adindaspantai

https://forums.moneysavingexpert.com/discussion/comment/82095156#Comment_82095156

You will need to fund it within 14 days or they will close. Typically the opening date, that will count, not the date you fund the account. But imo, for Ecology BS, it does not really matter as the difference is just 14 days for the amount of £200. It is insignificant.

Kim_13

https://forums.moneysavingexpert.com/discussion/comment/82095156#Comment_82095156

First funding, only 14 days to fund though so an end of August maturity is not possible without delaying applying and risking that the account will be withdrawn.

changearound1

Newcastle BS and Manchester BS RS Issue 2 5.75%

£250 pcm, 1 year, no max balance, unlimited withdrawals.

Nothing to suggest can't be opened if you already hold other RS issues.

clivep

https://forums.moneysavingexpert.com/discussion/comment/82094963#Comment_82094963

Dudley

Have you put in the right sort code for Dudley?

I made my first payment to the Loyalty RS using sort code 10001016 that I use for their Festive RS. It went through OK but without a COP match. I then spotted that for the Loyalty RS the sort code should be 10001008 and now, using that, COP has a match.

mon3ysav3r

https://forums.moneysavingexpert.com/discussion/comment/82095182#Comment_82095182

TLDR: It looks like you can have both Issues for Newcastle BS and Manchester BS regular savers - although I think there maybe a max balance on these accounts as I think the Issue 1 Newcastle BS RS did?

I already have both Newcastle BS and Manchester BS Issue 1 RS accounts open, and have just applied online for both of the above Issue 2 RS, and the online application workflow has completed and I received application reference id's for both.

Got an email from Newcastle "We are in the process of opening your new account, which will be available within 24 hours from the 'Account Summary' page when you log in"

Got an email from Manchester BS "Thank you for your Manchester Regular Saver (Issue 2) application. Your new account and account number will be available to view when you log in within the next two days" and a PM "Thank you for choosing Manchester Building Society - your Regular Saver account is now open" with a welcome pack.

So I would say it looks good that you can both Issues.

Rudyson

https://forums.moneysavingexpert.com/discussion/comment/82095228#Comment_82095228

Exactly the same for me