📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Regular Saver Thread **New and Restarted**

1320321323325326350

Comments

  • stehouk
    stehouk Posts: 413 Forumite
    Sixth Anniversary 100 Posts
    IanManc wrote: »
    There isn't a branch in Bolton any more, but there's an agency in Horwich. :)

    Oh right, thanks for the info.:)
  • castle96
    castle96 Posts: 2,993 Forumite
    Part of the Furniture 1,000 Posts
    Just rang Cov and they say definitely only one allowed. "May have been an issue with our website. Any 2nd ones will be closed and refunded"
    Shame
  • soulsaver
    soulsaver Posts: 6,655 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I know someone posted this yesterday, enabling me to open a second regular saver with Coventry BS - you can have the first and second regular saver with them - but I can't find on this thread.

    Regular Saver (2)
    2.50 %
    AER*/Gross p.a.
    (Variable)

    £500 per month same terms and conditions as their first regular saver.

    Really pleased my husband and I with now be earning a decent rate on monthly deposits totalling £2000. (2 regular savers each of £500)

    Apologising in advance if somebody finds the original post for it but noticed it was not included in updates by Special_Saver2
    You may have slipped through, so best keep shtum, but you can't have 2 reg savers with the CovBS according to the specific terms of Reg Saver2:

    https://www.coventrybuildingsociety.co.uk/savings-and-investments/application/SpecificTermsAndConds.aspx?prodCode=RSD2

    1.3 You can only be named on one Regular Saver (including any subsequent issues) at any one time

    So not even a solo & a joint..
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Arrrrrggggghhhh.

    Sorry. It had to be said! :mad::mad::mad:
  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    RG2015 wrote: »
    These were previously issued every two months. Branch i20 was 1/10/19 so if there were to be an i20 it should have been on 1/12/19.

    ESaver i13 was 1/11/19 so following the pattern this would be early January. Perhaps 2.00 pm tomorrow. :)

    Well the bad news is that it hasn't materialise (yet).

    The good news is that this meant this thread wasn't Virgin hijacked (yet).
  • Bobblehat
    Bobblehat Posts: 817 Forumite
    Seventh Anniversary 500 Posts I've been Money Tipped! Name Dropper
    No problem with my application for the new Furness BS 2.5% RS in Preston today. Didn't try to sell me other products, good clear information and the passbook should be with me by post within a week.

    You don't need to have the passbook updated if you make the monthly deposit by faster payments, as you can check if the deposit has registered 2 or 3 days later using the online facility …. or ring up to confirm.

    All in all …. no problems.

    p.s. Preston branch personnel all seem to have big grins on their faces with the amount of footfall this RS offer has generated in the first two days … or maybe they are just always friendly :)
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 8 January 2020 at 9:34PM
    I managed to open this account in less than a week. No further ID address check is needed. Impress how efficient they are

    Based on this
    https://srbs.co.uk/savings/regular-savings-issue-1/
    "Deposits to this account must come from your nominated bank account via standing order"

    I just check my application form I did not see any nominated bank account was asked.

    I payed by a cheque for my first deposit from Lloyds Bank. But I set up SO from TSB.
    Is it going to be a problem ??
    Does Anyone know how do they know which AC/bank is your nominated account.

    .
  • Big_W
    Big_W Posts: 148 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    adindas wrote: »
    I managed to open this account in less than a week. No further ID address check is needed. Impress how efficient they are.

    @Adindas - Their postal ID requirements were what was putting me off opening one of these accounts, if they wanted FOUR certified copies of paper id. Assuming you did a postal application did they verify your id electronically?
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 8 January 2020 at 9:48PM
    Big_W wrote: »
    @Adindas - Their postal ID requirements were what was putting me off opening one of these accounts, if they wanted FOUR certified copies of paper id. Assuming you did a postal application did they verify your id electronically?

    @ Big W
    When I applied, I didn't even send any form of ID, proof address. Also I have not got any product with them. I only sent a completed application form a cheque on my name. So iI fully believe it was all done online.

    Online verification from BS could be hit and miss.

    Have a try, you could download AF online. you have very little to lose apart from postage stamp and little time to complete AF.
    Be quick as I have been informed when I called them that this product is very popular and it will be closed for a new application soon.

    If they asked four certified ID, any person with money sense would cancel their application.
  • Big_W
    Big_W Posts: 148 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    adindas wrote: »
    @ Big W
    When I applied, I didn't even send any form of ID, proof address. Also I have not got any product with them. I only sent a completed application form a cheque on my name. So iI fully believe it was all done online.

    Online verification from BS could be hit and miss.

    Have a try, you could download AF online. you have very little to lose apart from postage stamp and little time to complete AF.
    Be quick as I have been informed when I called them that this product is very popular and it will be closed for a new application soon.

    If they asked four certified ID, any person with money sense would cancel their application.

    Thanks Adindas - I shall indeed get on with an application sharpish .
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.5K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.5K Work, Benefits & Business
  • 599.7K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.