Regular Savings Accounts: The Best Currently Available List!

finance4all

Does anyone have more than 2 RS with Coventry?

typistretired

Yes  allowed to have one of each separate issue like Virgin and Principality

veryintrigued

typistretired said:

Yes  allowed to have one of each separate issue like Virgin and Principality

Coventry

This isn't quite right.
Below is what Coventry actually say.

Whether they enforce it is another matter:

This is a limited issue account and you can only have one version of a Regular Saver at a time.

typistretired

I was told on telephone you could have more than one as long as they were different issue numbers

schiff

Coventry
'This is a limited issue account and you can only have one version of a Regular Saver at a time.'
'This is a limited issue account and you can only have one [version of a] Regular Saver at a time.'
There is a difference.

someone

Coventry
This was discussed back in November I’ve gone back and found this post in my history, you may need to look forward/back a few pages for the full discussion https://forums.moneysavingexpert.com/discussion/comment/77818721#Comment_77818721
As it’s something already discussed it might be worth the poster finance4all raising as a new thread in the forum. 

where_are_we

"1.5 You can only open and be named on one Regular Saver (including any previous or subsequent issues) at any one time."

When you start the application for a Coventry RS, on the first page at the bottom, click on "Regular Saver (5) terms and conditions" link, where you will find the above. Previous posts wording might have applied in the past but this is unequivocal. When I log on and click on accounts to apply for, one of the options is to apply for a RS5 which does give the "green light" impression. Despite this I have decided not to apply for RS5. 

finance4all

I called them this morning and was told you can only have one. The lady was really surprised when she saw I have 2 already but was not able to open the 3rd one. 
On Twitter they told me: "You can only hold one Regular Saver (past or current issue) at any one time."
Coventry website is crashing every single time I am trying to open a new one

SFindlay

where_are_we said:

"1.5 You can only open and be named on one Regular Saver (including any previous or subsequent issues) at any one time."

When you start the application for a Coventry RS, on the first page at the bottom, click on "Regular Saver (5) terms and conditions" link, where you will find the above. Previous posts wording might have applied in the past but this is unequivocal. When I log on and click on accounts to apply for, one of the options is to apply for a RS5 which does give the "green light" impression. Despite this I have decided not to apply for RS5. 

Wording may be unequivocal however that doesn't mean it is enforce or should put people off.

Point of this thread is not to discuss wording of accounts it is to help people with personal experiences and as has been said several times (always when a new issue is released) people can open and operate multiple Coventry accounts as long as different issues and those personal experiences are all that really matters. 

where_are_we

SFindlay - I already have 2 Coventry RS`s, the second of which was opened when the T&C`s wording was ambiguous. I would be a hypocrite to tell others not to open multiple accounts and I "sail close to the wind" on occasions. Finding the relevant T&C`s is sometimes not easy. Has anyone been rejected for a Coventry RS5?