We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Regular Savings Accounts: The Best Currently Available List!

14579101659

Comments

  • ctdctd
    ctdctd Posts: 1,091 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Re Coventry BS RS issue 2.
    I hold the 1st issue - just called them and they say the T&C's of 1st issue still apply and issue 2 cannot be opened as well.
    Do Money Saving sites make you buy more bargains - and spend more money?
  • nottsphil
    nottsphil Posts: 576 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Deleted only tried to help
    Sorry but misleading people into believing the opposite of what is true, without even checking the T & Cs, is not helping. 
  • typistretired
    typistretired Posts: 2,099 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I have both versions 1 & 2 of Coventry Regular Savers that’s why I advised to apply. I was logged in when I applied a few months ago and have made several deposits into the second too

    "Look after your pennies and your pounds will look after themselves"
  • nottsphil
    nottsphil Posts: 576 Forumite
    Part of the Furniture 500 Posts Name Dropper
    edited 7 March 2020 at 7:53PM
    I have both versions 1 & 2 of Coventry Regular Savers that’s why I advised to apply. I was logged in when I applied a few months ago and have made several deposits into the second too

    That's fair enough, nobody would expect somebody to check if they were already experiencing the benefit. 
  • typistretired
    typistretired Posts: 2,099 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Sorry you have lost me! They asked if anyone had applied for a second regular saver I told them to just apply as I knew from my experience you can open the second. 






    "Look after your pennies and your pounds will look after themselves"
  • nottsphil
    nottsphil Posts: 576 Forumite
    Part of the Furniture 500 Posts Name Dropper
    edited 7 March 2020 at 9:30PM


    I opened my current Coventry RS back in Sept 19 when it was first introduced.  Looking at the current version available it looks to be the same, 2.5% & up to £500 a month...   Are there any actual differences between the accounts?
    EPC


    The guarantee in the guide on this thread doesn't seem to be there for Regular Saver 2. The summary box only says this

    'This account is designed for saving your money. After the 14 day ‘cooling-off period’ (see overleaf), you can take out money or close your account if you need to, but there will be a charge equal to 30 calendar days’ interest on the amount withdrawn. Notice for withdrawal/closure cannot be given. The charge will be deducted from the balance of the account at the time of the withdrawal.'

    https://www.coventrybuildingsociety.co.uk/consumer/savings-accounts/Regular-Saver.html

    The terms and conditions their website points to doesn't mention the concession either, at least not in the obvious section. 
    This guide's post also needs updating in respect that the account month starts on the day you open it, as per the Santander monthly saver. 
  • Sorry for stirring up trouble asking about the Coventry RS earlier :* ....
    A couple of more questions if I may...
    I opened my current Coventry RS back in Sept 19 when it was first introduced.  Looking at the current version available it looks to be the same, 2.5% & up to £500 a month...   Are there any actual differences between the accounts?
    EPC
  • typistretired
    typistretired Posts: 2,099 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    You did not stir up trouble. My fault for being cautious, as in the past when I have been honest with accounts, I have received a private message from a member, they know who they are, telling me to delete as I am relieving glitches.  There is no difference except the date you open is when you can make second deposit. So I find myself depositing for the first on 26th and the second on 10th of month.  I have been on this forum since 2008 but do not post as much as there not many good accounts as there used to be.
    "Look after your pennies and your pounds will look after themselves"
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    There is no difference except the date you open is when you can make second deposit. 
    Wasn't that the case with last year's too?
  • typistretired
    typistretired Posts: 2,099 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Hello  Yorkshire Boy!

    I was letting them know that you have to stick to opening date unlike other Regular Savers which you can pay in 1st of month which I find irritating.
    "Look after your pennies and your pounds will look after themselves"
Meet your Ambassadors

Categories

  • All Categories
  • 347.1K Banking & Borrowing
  • 251.6K Reduce Debt & Boost Income
  • 451.7K Spending & Discounts
  • 239.4K Work, Benefits & Business
  • 615.2K Mortgages, Homes & Bills
  • 175K Life & Family
  • 252.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support 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.