Regular Savings Accounts: The Best Currently Available List!

Bobblehat

Hmmmm ... mine were/are just REG SAVER .... I wonder if that is the difference, as my old RS definitely "disappeared" and the money went into the Flex Saver, 2 days later.

colsten

Mine was a PREF REG SAV. Handled the same way as REG SAV.

Notepad_Phil

colsten said:

My first Coventry RS matured yesterday, when it turned into an Easy Saver. I closed it online yesterday, and money arrived in my current account this morning. Nice job, Coventry 👏

Hi colsten, did they calculate your interest correctly?

I thought it had been a 2.5% regular saver, so provided that you put the monthly max of £500 in at the earliest opportunity each month and put the max of £6000 in, then I thought it would have been about £81 (the mse calculator reckons £80.94), but mine was a lot lower then that in the £60's!!

RG2015

Notepad_Phil said:

colsten said:

My first Coventry RS matured yesterday, when it turned into an Easy Saver. I closed it online yesterday, and money arrived in my current account this morning. Nice job, Coventry 👏

Hi colsten, did they calculate your interest correctly?

I thought it had been a 2.5% regular saver, so provided that you put the monthly max of £500 in at the earliest opportunity each month and put the max of £6000 in, then I thought it would have been about £81 (the mse calculator reckons £80.94), but mine was a lot lower then that in the £60's!!

The rate is variable and changed to 1.85% in May.

If yours has just matured, it will be mid £60s. Mine matures on 6 Oct and I am expecting about £67.82.

I got an email on 22 April saying mine would change on 6 May 2020.

Notepad_Phil

RG2015 said:

Notepad_Phil said:

colsten said:

My first Coventry RS matured yesterday, when it turned into an Easy Saver. I closed it online yesterday, and money arrived in my current account this morning. Nice job, Coventry 👏

Hi colsten, did they calculate your interest correctly?

I thought it had been a 2.5% regular saver, so provided that you put the monthly max of £500 in at the earliest opportunity each month and put the max of £6000 in, then I thought it would have been about £81 (the mse calculator reckons £80.94), but mine was a lot lower then that in the £60's!!

The rate is variable and changed to 1.85% in May.

If yours has just matured, it will be mid £60s. Mine matures on 6 Oct and I am expecting about £67.82.

I got an email on 22 April saying mine would change on 6 May 2020.

Thanks, I normally would have written something like that down but I seem to have completely forgotten it - my interest came to just over £68, so you might get a little bit more if you're lucky.

RG2015

Notepad_Phil said:

RG2015 said:

Notepad_Phil said:

colsten said:

My first Coventry RS matured yesterday, when it turned into an Easy Saver. I closed it online yesterday, and money arrived in my current account this morning. Nice job, Coventry 👏

Hi colsten, did they calculate your interest correctly?

I thought it had been a 2.5% regular saver, so provided that you put the monthly max of £500 in at the earliest opportunity each month and put the max of £6000 in, then I thought it would have been about £81 (the mse calculator reckons £80.94), but mine was a lot lower then that in the £60's!!

The rate is variable and changed to 1.85% in May.

If yours has just matured, it will be mid £60s. Mine matures on 6 Oct and I am expecting about £67.82.

I got an email on 22 April saying mine would change on 6 May 2020.

Thanks, I normally would have written something like that down but I seem to have completely forgotten it - my interest came to just over £68, so you might get a little bit more if you're lucky.

Maybe, but you had a few more days at 2.50%. 

colsten

@Notepad_Phil , as @RG2015 says, the interest rate dropped to 1.85% for the last few months. I am satisfied that the £68.39 I got is the right amount of interest. It's dire times

polymaff

6th May?  Got 66.66 at the weekend - 1p more than I'd calculated. ...

wiseonesomeofthetime

Mine matures in January, so I'll be picking up even less 🤷‍♂️

schiff

Coventry
I would be interested to know when the folk who got around £68 opened their accounts. My first deposit was 1/10/19 and subsequent deposits were made on the FWDOTM as usual. I got £66.56, 3p more than expected. It takes a lot of days at 2.5% on £500 to make up that difference! 
PS: I've twigged it since. I made 1/10 my first deposit date as that suited my routines (I aim to have as many RS deposits as possible on the FWDOTM). I missed out on the interest by not starting it earlier in September.