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Regular Savings Accounts: The Best Currently Available List!

12892902922942951699

Comments

  • Free1234
    Free1234 Posts: 19 Forumite
    Second Anniversary 10 Posts
    what7 said:
    I opened issue1 on Sep 2019

    Issue 2 1.85% was available around 16 May 2020, this thread page 83

    Issue 3 1.55% was available 10 September 2020, this thread page 140

    Issue 4 1.3% was available 27 November 2020, this thread page 207

    Issue 5 1.05% is availble now
    Maybe I won't get a letter since I didn't open issue 5. :P

    Even on my issue 4, I didn't put much money in as at the time I had Skipton easy access 1.2%, obviously this is now 0.65%. 

    I refuse to believe Coventry BS didn't know all these people opening extra issue. I think we should be thankful they are giving us 2 month's notice, and potentially allow us to have 2 accounts (if issue 2 was opened before 23 may 2020)
  • Free1234
    Free1234 Posts: 19 Forumite
    Second Anniversary 10 Posts
    Infact looking at Coventry closed account rate, issue 2 was available way before May 2020, it look like it was first available Jan 2020.

    Regular Saver (2) 1.85% AER*
    (Variable) 07.01.2020
    to
    07.09.2020 £1 - £6,000 

    Regular Saver (3) 1.55% AER*
    (Variable) 08.09.2020
    to
    26.11.2020 £1 - £6,000 

    Regular Saver (4) 1.30% AER*
    (Variable) 27.11.2020
    to
    09.02.2021
  • what7
    what7 Posts: 80 Forumite
    Third Anniversary 10 Posts
    edited 18 March 2021 at 4:18PM
    Yes you are correct, it's just I opened mine coincidencely in May 2020.

    So it would appear the 23 May was very likely to do with the 2 months notice from 23 March.

    The letter was sent 16th March, so they are giving the letter a week to arrive at people doorstep.

    It could have been worse. They could have only allow us Issue 2, closed all other, pay us their lowest account interest rate because we broke t&c. 

    By closing people issue 4 and beyond isn't going to save them that much interest 1.3% (4months) and 1.05% (1 month) 
  • So .......Has anyone else received the letter?
  • castle96
    castle96 Posts: 2,998 Forumite
    Part of the Furniture 1,000 Posts
    nope - have 3
  • 1882
    1882 Posts: 497 Forumite
    Part of the Furniture 100 Posts
    I haven't received a letter either.
  • typistretired
    typistretired Posts: 2,099 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    My husband has, but mine has still not arrived.  However, I have marked on my spreadsheet which accounts we can still pay into and those which no longer receive monthly payments
    "Look after your pennies and your pounds will look after themselves"
  • veggieblob
    veggieblob Posts: 649 Forumite
    Part of the Furniture 500 Posts Name Dropper
    liger said:
    Issue 4 of the virgin money home buying coach regular saver available for applications:
    https://uk.virginmoney.com/savings/products/home_buying_coach_regular_saver
    I have the first two issues which have been running fine and issue 4 popped up as a suggestion for me on the coach app, but when I applied I got a message that I couldn't open it as I already held one, so they seem to be on top of it.

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