Regular Saver Thread **New and Restarted**

polymaff

movingon wrote: »

Does anyone know if Coventry works like this too please? Thanks

No. You cannot advance the payment date.

Fingerbobs

movingon wrote: »

Does anyone know if Coventry works like this too please? Thanks

The Coventry regular saver is unusual in that the "month" runs from the date of account opening until the same date each month. It's not based on the calendar month as most are.


For example, if you opened your Coventry account on 10th October, your "month" would run from 10th October to 9th November, then the following "month" would run from 10th November to 9th December etc.


Aside from that, it works in the same way - it doesn't matter at what point within your "month" you make the deposit.

colsten

movingon wrote: »

Does anyone know if Coventry works like this too please? Thanks

The Coventry RS month is not the calendar month. They explain this very clearly on their website.. Although it remains somewhat unclear what the end of your month would be if you opened an account on January 31, for instance.

eastofeden

I visited the Haymarket branch this afternoon and was told by one of the staff that a new RS is to be launched tomorrow, Nov 1st. More importantly and interestingly, he said it is to be available online.
No further details, but this will be very good news indeed if it is accurate information. He seemed very sure!

veryintrigued

eastofeden wrote: »

I visited the Haymarket branch this afternoon and was told by one of the staff that a new RS is to be launched tomorrow, Nov 1st. More importantly and interestingly, he said it is to be available online.
No further details, but this will be very good news indeed if it is accurate information. He seemed very sure!

I hope you're correct but advisors have been misinforming forumites of this info for months. I've seen at least two reports of individuals been told this.

Third time lucky and it might even be without bugs this time!

eastofeden

The bugs were part of the appeal!

Nessie23

eastofeden wrote: »

I visited the Haymarket branch this afternoon and was told by one of the staff that a new RS is to be launched tomorrow, Nov 1st. More importantly and interestingly, he said it is to be available online.
No further details, but this will be very good news indeed if it is accurate information. He seemed very sure!

Apart from the new regular saver being online interest rate will drop to 2%

mrsplinter

eastofeden wrote: »

I visited the Haymarket branch this afternoon and was told by one of the staff that a new RS is to be launched tomorrow, Nov 1st. More importantly and interestingly, he said it is to be available online.
No further details, but this will be very good news indeed if it is accurate information. He seemed very sure!

I had an appointment on 12th November to open this account. I was called today by Virgin bank staff who cancelled it, as they said the account is withdrawn tomorrow. They said a new account that can be opened online will be available.

colsten

Nessie23 wrote: »

Apart from the new regular saver being online interest rate will drop to 2%

The end of an era

RG2015

Nessie23 wrote: »

Apart from the new regular saver being online interest rate will drop to 2%

Where has this 2% come from?