Regular Saver Thread **New and Restarted**

karlie88

Speculator wrote: »

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.

Curious...is there a maximum balance for this account please?

karlie88

lucky77 wrote: »

[FONT=&quot]
[/FONT]
[FONT=&quot]I just applied for the Coventry RS but despite being an existing member I wasn't given account details straight away but got the following message:[/FONT]
[FONT=&quot]
[/FONT]
[FONT=&quot]We'll post a copy of your application to you straight-away. Please check it carefully then sign it and post it back to us with identification (if required) in the pre-paid envelope. [/FONT]
[FONT=&quot]We'll confirm on your application form if identification is needed. [/FONT]
[FONT=&quot]Making your first deposit[/FONT]
[FONT=&quot]Once you have received your account number and sort code, you can make a deposit in these ways:[/FONT]

• [FONT=&quot]Transfer from another Coventry account [/FONT]
• [FONT=&quot]Transfer from an account with another bank or building society. (You'll need to quote your sort code and the last 8 digits of your account number) [/FONT]
• [FONT=&quot]Post us a cheque [/FONT]
• [FONT=&quot]Pay in cash or cheques at a branch or agency [/FONT]

Do you have an update on this please?

Same has happened to OH. I'm hoping it's just a print off of the form with a signature required rather than original/certified ID docs required.

Wheres_My_Cashback

vermania wrote: »

Just to note, my experience of M&S was different from HSBC and FD; though I moaned about drifting renewal dates (as evident with all three accounts if renewed online), they weren't able/didn't want to renew it over the phone for me. And thus the date moved another day or two.

I've had CS tell me it can't be done, but a little nudge to correct them and remind them I've been doing it that way for few years usually puts them right. Some double check with supervisors, but it's always done. For the sake of a free 15 min call, in my opinion it's worth it.

Fingerbobs

My funds from the Leeds BS have just dropped into my current account. Much more efficient than having to wait for a cheque through the post. Pity they don't have a new RS product to roll over though :-(

supremetwo

lucky77 wrote: »

[FONT=&quot]
[/FONT]
[FONT=&quot]I just applied for the Coventry RS but despite being an existing member I wasn't given account details straight away but got the following message:[/FONT]
[FONT=&quot]
[/FONT]
[FONT=&quot]We'll post a copy of your application to you straight-away. Please check it carefully then sign it and post it back to us with identification (if required) in the pre-paid envelope. [/FONT]
[FONT=&quot]We'll confirm on your application form if identification is needed. [/FONT]
[FONT=&quot]Making your first deposit[/FONT]
[FONT=&quot]Once you have received your account number and sort code, you can make a deposit in these ways:[/FONT]

• [FONT=&quot]Transfer from another Coventry account [/FONT]
• [FONT=&quot]Transfer from an account with another bank or building society. (You'll need to quote your sort code and the last 8 digits of your account number) [/FONT]
• [FONT=&quot]Post us a cheque [/FONT]
• [FONT=&quot]Pay in cash or cheques at a branch or agency [/FONT]

Part is incorrect.

Coventry have added the term to this new RS that money has to come from an account EXTERNAL to Coventry.

xylophone

Do you have an update on this please?

When the fabled letter had not arrived by yesterday, I rang them - the account was opened immediately and first payment made same day.

I have set up a SO from an external account to fund for the next eleven months.

1882

ctdctd wrote: »

Gawd, opened the Coventry BS 2.5% RS last week and so far, they have sent me 6 letters.
I'd rather they cut back on the paperwork and added it to the interest. :mad:

I have received 6 too!

adindas

The bank verification is sometimes astonishing me. I have never dealt with Coventry BS before When I applied to their RSA, the product got opened wihout further check is required. People who have been banking with them need further ID, proof of address check.

In the meanwhile, I had quite a long-standing relationship with Scottish BS due to a special saving I hold with them. But since a few years ago I closed all of my accounts. I recently applied for their RSA. They asked me to send the proof of ID and proorf of address and they mentioned clearly it has got to be either Solicitors or Banks officers.

Looking into this op case again (below), I get more convinced now to what I have been believing sofar. The case has been handled by either an inexperience novice banks official or Lazy bank officials. Of course, the easiest one is just to ask you to send you all the certified documents again rather them for them to do online ID checking. You find sort of these people in any industry. Unfortunately there is nothing we could do about it.

lucky77 wrote: »

[FONT=&quot]I just applied for the Coventry RS but despite being an existing member I wasn't given account details straight away but got the following message:[/FONT]

[FONT=&quot]We'll post a copy of your application to you straight-away. Please check it carefully then sign it and post it back to us with identification (if required) in the pre-paid envelope. [/FONT]
[FONT=&quot]We'll confirm on your application form if identification is needed. [/FONT]
[FONT=&quot]Making your first deposit[/FONT]
[FONT=&quot]Once you have received your account number and sort code, you can make a deposit in these ways:[/FONT]

• [FONT=&quot]Transfer from another Coventry account [/FONT]
• [FONT=&quot]Transfer from an account with another bank or building society. (You'll need to quote your sort code and the last 8 digits of your account number) [/FONT]
• [FONT=&quot]Post us a cheque [/FONT]
• [FONT=&quot]Pay in cash or cheques at a branch or agency [/FONT]

Every_Penny_Counts

I opened the Coventry RS two days ago without issue. I already had an account with them so logged on & applied. The whole thing took barely 5 minutes, & the new account was showing within a couple of hours. The funding also went straight in.


They haven't asked for any additional i.d. so far.

polymaff

Every_Penny_Counts wrote: »

I opened the Coventry RS two days ago ....

Ah, you opened it on the 30th. I wonder what will happen at the end of February?...:)