Regular Saver Thread **New and Restarted**

adindas

soulsaver wrote: »

Just applied on line, accepted, ac opened, initial funded and SO set up.. in just a few minutes - already a member

Same here
Took me less than 10 minutes to open it and I do not have account with them
I could now fund my RS.

colsten

The Al Rayan Everyday Saver, 1.6% predicted profit, might be suitable for some as a Feeder account, since it offers Standing Orders.

I have just started using it myself with my new Coventry RS.

EDIT: A small health warning about their SOs: you can't set an SO start date more than 28 days in the future. Odd.

typistretired

Thank you for the heads up, have opened one for my husband and I, we already have ISA's with them. I can't remember Coventry BS having Regular Savers before, could be wrong as in the past I may have not been looking for them.

Speculator

It's a shame we can't pay in another £500 on the 1st of October.

Your month starts on the day of the month you opened the account. For example, if you opened the account on 25 September you'd have from 25 September to 24 October to pay in your first month's allowance. Your second month would start on 25 October.

Speculator

typistretired wrote: »

Thank you for the heads up, have opened one for my husband and I, we already have ISA's with them. I can't remember Coventry BS having Regular Savers before, could be wrong as in the past I may have not been looking for them.

I already have a Reg saver with them earning 2.55%. It has no maturity date and was formerly a Stroud and Swindon reg saver.

polymaff

Speculator wrote: »

It's a shame we can't pay in another £500 on the 1st of October.

Your month starts on the day of the month you opened the account. For example, if you opened the account on 25 September you'd have from 25 September to 24 October to pay in your first month's allowance. Your second month would start on 25 October.

Your month starts on the day of the month you opened the account. For example, if you opened the account on 31 January you'd have from 31 January to ... errr ... to pay in your first month's allowance. Your second month would start on ...errr...:T

And then, what? I've left them to think about it...:rotfl:

Fingerbobs

adindas wrote: »

What about easy access RSA such as Lloyds Monthly Saver 2.0% or BOS monthly saver paying 2.0% ??

Well, yes, if there's a possibility you might need access to the money before the year is up, they would be a useful option. Otherwise there's no point, unless I'm missing something?

Emily_Joy

Virgin RS record needs updating Issue 17 to Issue 18, maturity date 01 September 2020.

soulsaver

Note IME unusually for reg savers:

"Withdrawal allowed subject to a charge equal to 30 days’ interest."

Speculator

Anyone know how long normally for faster payments to be credited to the Coventry Reg.

Did the transfer about 30 mins ago but not showing yet.