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Regular Saver Thread **New and Restarted**

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  • Fingerbobs
    Fingerbobs Posts: 1,702 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 27 September 2019 at 12:02PM
    Coventry BS has launched today a new RSA: 2.50% variable rate, 12 months, max £500 pm.

    It's permitted to apply online, however they seem to be a stickler for ID requirements.


    Thanks for the heads-up! Just applied online, and account opened instantly (I'm an existing Coventry member) but not yet showing up in my Online Account Summary. The confirmation screen said it would be visible there "shortly".


    Edit: And it's now showing up, approximately 1 hour after application.
  • soulsaver
    soulsaver Posts: 6,589 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Coventry BS has launched today a new RSA: 2.50% variable rate, 12 months, max £500 pm.

    It's permitted to apply online, however they seem to be a stickler for ID requirements.
    Just applied on line, accepted, ac opened, initial funded and SO set up.. in just a few minutes - already a member :)
  • Sea_Shell
    Sea_Shell Posts: 10,000 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    Me too!! (Coventry that is)

    Nice to not have to commit to any regular deposits and can make them ad hoc, as most of our cash is tied up in notice accounts and other RSs.

    It's a case of weighing up the rate in the float account v the RS.
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
  • pdx123
    pdx123 Posts: 295 Forumite
    Part of the Furniture 100 Posts Name Dropper
    edited 27 September 2019 at 12:15PM
    Swansea Building Society offers 2.75% regular saver. ( Not fixed )

    Max £500 a month.

    Must reside in Wales
    Love is GRAND..........Divorce is 100 GRAND!
  • Sea_Shell wrote: »

    It's a case of weighing up the rate in the float account v the RS.


    Yes, I don't even bother to look at Regular Savers paying 2% or less, as I know I can get a better return by putting the same lump sum into a 1-year fixed rate bond, or a notice account. Anything over 2% is worth looking at. Different if the RS is being funded from income, rather than a lump sum, of course.
  • castle96
    castle96 Posts: 2,975 Forumite
    Part of the Furniture 1,000 Posts
    re Swansea

    "Our Savings products are only available to existing Members / Customers or new applicants resident in Wales."
  • Sea_Shell wrote: »
    Me too!! (Coventry that is)

    Nice to not have to commit to any regular deposits and can make them ad hoc, as most of our cash is tied up in notice accounts and other RSs.

    It's a case of weighing up the rate in the float account v the RS.

    I got

    "Page unavailable
    We're sorry, this page is temporarily unavailable. You can contact our Customer Service Centre on 0800 121 8899, Monday to Friday 8am-8pm, Saturday 9am-5pm, Sunday 10am-4pm.

    Alternatively, our 24 hour self-service telephone option is available 24 hours a day, 365 days a year, you will need your telephone PIN to access this service.

    Continue to homepage"

    A sudden rush of MSRers :D
    Retired 1st July 2021.
    This is not investment advice.
    Your money may go "down and up and down and up and down and up and down ... down and up and down and up and down and up and down ... I got all tricked up and came up to this thing, lookin' so fire hot, a twenty out of ten..."
  • I got

    "Page unavailable
    We're sorry, this page is temporarily unavailable. You can contact our Customer Service Centre on 0800 121 8899, Monday to Friday 8am-8pm, Saturday 9am-5pm, Sunday 10am-4pm.

    Alternatively, our 24 hour self-service telephone option is available 24 hours a day, 365 days a year, you will need your telephone PIN to access this service.

    Continue to homepage"

    A sudden rush of MSRers :D

    Opening OK now. Not an existing member, but got my account opened and funded there and then :money:
    Retired 1st July 2021.
    This is not investment advice.
    Your money may go "down and up and down and up and down and up and down ... down and up and down and up and down and up and down ... I got all tricked up and came up to this thing, lookin' so fire hot, a twenty out of ten..."
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Fingerbobs wrote: »
    Yes, I don't even bother to look at Regular Savers paying 2% or less, as I know I can get a better return by putting the same lump sum into a 1-year fixed rate bond, or a notice account. Anything over 2% is worth looking at. Different if the RS is being funded from income, rather than a lump sum, of course.

    What about easy access RSA such as Lloyds Monthly Saver 2.0% or BOS monthly saver paying 2.0% ??
  • Sea_Shell
    Sea_Shell Posts: 10,000 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    adindas wrote: »
    What about easy access RSA such as Lloyds Monthly Saver 2.0% or BOS monthly saver paying 2.0% ??
    That's what I'm raiding to fund this new one!!
    How's it going, AKA, Nutwatch? - 12 month spends to date = 2.60% of current retirement "pot" (as at end May 2025)
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