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The Top Regular Savers Discussion Thread
Comments
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I'm a first-time Dudley BS customer, and used the info. from the letter confirming that the account was open - out of curiosity, I did try the alternative, but had the same result.
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Same here. When I logged into Newcastle after completing the application, there were already instructions for funding the account now. Worked and passed COP.
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Unusually, Manchester's issue 1 is still available to open, so a new customer could still open both. Despite being a lower rate, issue 1 might still be of interest to some, as it has a higher deposit limit and allows you to build up your savings over 2 years.
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For the lazy amongst us 😁
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https://www.aibni.co.uk/our-products/savings-and-deposits/regular-saver
AIB Regular Saver Account Paying 6%. Y Based on the information on their website, it could be open 'online' or via Branches. You could pay up to £500 a month, easy access. It sounds very attractive, eye catching. But here is the catch.
I just queried this RS to their CS. You could open it online only if you already have an online banking access. alternatively, you will need to apply via their branches.
So for many people it literally means Branch only or for existing customer.
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Manchester BS RS2
Interesting deposit confirmation Email from them; it tells me that I can "make unlimited deposits up to £500, each calendar month" .
However, I don't think that I can ! ... I think that someone has done a copy/paste from the RS Version 1 Email(s).
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Also, ambiguous wording. Unlimited deposits of £500 each, or (more likely) totalling £500?
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The comma at least separates the "each" from the preceding phrase, and the "up to" is just missing the implied "a total of".
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Manchester and Newcastle
Both accounts opened within minutes. CoP for both working fine from Santander. I have sent my deposits, though they might not credit until Monday now, so may be I should have been more patient.
I couldn't see anything about maximum total deposits across their respective Regular Savers, but admit I only skimmed the T&Cs. So if there is a limit, I will cross that bridge when/if they tell me I have deposited too much.
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Manchester and Newcastle credit at weekends, so they should both be showing as credited tomorrow if you've missed today's cut off
I consider myself to be a male feminist. Is that allowed?3
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