Regular Savings Accounts: The Best Currently Available List!

Bigwheels1111

I personally would have liked the 1st of the month to be an option as the other 5 reg savers I have go out on the 1st.
Still 7% is not to bad.

Middle_of_the_Road

surreysaver said:

BlackthornU said:

Bridlington1 said:

Wheres_My_Cashback said:

Bridlington1 said:

Bridlington1 said:

I've just spoken to Coventry BS.
Their new loyalty rate regular saver will pay 7% variable
£250 max monthly deposit
Withdrawals/early closure subject to 30 day interest penalty

EDIT:
Also the account will be launched on Tuesday 28/11/23.
The account runs on an account month basis so if you opened it on 28/11/23 and deposited the maximum amount, you couldn't deposit further funds until 28/12/23.

Application link now appears to be live. I would wait until it is officially launched before applying but the link confirms the Ts&Cs:
https://secure.coventrybuildingsociety.co.uk/savings-and-investments/productfeatures.aspx?prodCode=LRS&CTALinks=False

Application page not live yet, but I'll be saving it until the 1st.

Page not found

Oops, we're sorry - we can't find the page you're looking for.

I've found it only works if logged into online banking. If logged out it comes up with an error message but when logged in it gives me the option to download a pdf of the account specific Ts&Cs, general Ts&Cs etc.

I've not proceeded any further than that though as it hasn't been officially launched yet and I'm not eligible for the account anyway.

I logged into Coventry and then clicked on the link and have opened the account. Payee details matched (my name) when paying from my bank so system seems live.
This condition is a pain though - I had hoped to open end of Nov and add another payment in on 1st December

How to put money into your account

- Each month you can pay in as many times as you like, up to a maximum of £250. If you have a joint account the maximum is still £250. Your deposit month starts on the day you opened the account. For example, if you opened the account on 15 December you'd have from 15 December to 14 January to pay in your first month's allowance. Your second month would start on 15 January

Also - I have had a welcome to your new account email from them as well

Its how the Coventry works, same as HSBC / First Direct

Unfortunately they're not that consistent. Unlike their standard regular saver, their First home saver 2, runs from the first of the month.

allegro120

BlackthornU said:

Bridlington1 said:

Wheres_My_Cashback said:

Bridlington1 said:

Bridlington1 said:

I've just spoken to Coventry BS.
Their new loyalty rate regular saver will pay 7% variable
£250 max monthly deposit
Withdrawals/early closure subject to 30 day interest penalty

EDIT:
Also the account will be launched on Tuesday 28/11/23.
The account runs on an account month basis so if you opened it on 28/11/23 and deposited the maximum amount, you couldn't deposit further funds until 28/12/23.

Application link now appears to be live. I would wait until it is officially launched before applying but the link confirms the Ts&Cs:
https://secure.coventrybuildingsociety.co.uk/savings-and-investments/productfeatures.aspx?prodCode=LRS&CTALinks=False

Application page not live yet, but I'll be saving it until the 1st.

Page not found

Oops, we're sorry - we can't find the page you're looking for.

I've found it only works if logged into online banking. If logged out it comes up with an error message but when logged in it gives me the option to download a pdf of the account specific Ts&Cs, general Ts&Cs etc.

I've not proceeded any further than that though as it hasn't been officially launched yet and I'm not eligible for the account anyway.

I logged into Coventry and then clicked on the link and have opened the account. Payee details matched (my name) when paying from my bank so system seems live.
This condition is a pain though - I had hoped to open end of Nov and add another payment in on 1st December

How to put money into your account

- Each month you can pay in as many times as you like, up to a maximum of £250. If you have a joint account the maximum is still £250. Your deposit month starts on the day you opened the account. For example, if you opened the account on 15 December you'd have from 15 December to 14 January to pay in your first month's allowance. Your second month would start on 15 January

Also - I have had a welcome to your new account email from them as well

Thanks for heads up. Opened and funded.  I hope it's not too late for money to arrive today.
No13th payment allowed, but it is still a very good deal.  I don't think we'll be seeing many new RSs at 7%+ rate in near future.

TheWoodler

When I logged in this account wasn’t offered as available for me to open - I’ve had continuous membership of Coventry for quite a few years now, certainly before January 2022, but with several continuously overlapping accounts rather than one or more enduring accounts that antedate the threshold date. It looks as if I appear not to be eligible for this account. 

Section62

Bigwheels1111 said:

I personally would have liked the 1st of the month to be an option as the other 5 reg savers I have go out on the 1st.
Still 7% is not to bad.

I'm going to hold off applying until the 1st as then the account can be funded as part of my normal monthly routine.

Bridlington1

TheWoodler said:

When I logged in this account wasn’t offered as available for me to open - I’ve had continuous membership of Coventry for quite a few years now, certainly before January 2022, but with several continuously overlapping accounts rather than one or more enduring accounts that antedate the threshold date. It looks as if I appear not to be eligible for this account. 

Did you try going through the link I posted after logging in? The account didn't show as available to open when I first logged in but I then guessed the application link and it appeared as available for me to open despite my not being eligible for the account.

Bigwheels1111

Bridlington1 said:

TheWoodler said:

When I logged in this account wasn’t offered as available for me to open - I’ve had continuous membership of Coventry for quite a few years now, certainly before January 2022, but with several continuously overlapping accounts rather than one or more enduring accounts that antedate the threshold date. It looks as if I appear not to be eligible for this account. 

Did you try going through the link I posted after logging in? The account didn't show as available to open when I first logged in but I then guessed the application link and it appeared as available for me to open despite my not being eligible for the account.

Same for me, logged in and found nothing. 

Left first login tab open.
Went back to your link and opened new tab.
There it was so I applied.
Don’t think I’ve been with them that long.
Just found my first email from them, 02-02-23.
Follow these steps, well you never know.

allegro120

TheWoodler said:

When I logged in this account wasn’t offered as available for me to open - I’ve had continuous membership of Coventry for quite a few years now, certainly before January 2022, but with several continuously overlapping accounts rather than one or more enduring accounts that antedate the threshold date. It looks as if I appear not to be eligible for this account. 

It doesn't matter how many accounts you had and how short-lived they were. As long as there was no gap in your membership you are eligible.

TheWoodler

I don’t see a way of navigating to the link by pasting in while still being logged in, so I’m not going to try - probably sensible to wait until it’s officially available! 

schiff

Bigwheels1111 said:

I personally would have liked the 1st of the month to be an option as the other 5 reg savers I have go out on the 1st.
Still 7% is not to bad.

I'm opening mine tomorrow, first deposit December 1st. That secures the 1st for future deposits.