Regular savers - higher amounts

Bigwheels1111

Can I get a West Brom regular saver without living in the post code.
For eg, open an easy access then a regular saver.
Did I read about it on a post.

eskbanker

Bigwheels1111 said:

Can I get a West Brom regular saver without living in the post code.
For eg, open an easy access then a regular saver.
Did I read about it on a post.

Probably one for the main regular saver thread where such prerequisites are discussed more widely than in a thread about contribution caps.

grumbler

Bigwheels1111 said:

Can I get a West Brom regular saver without living in the post code.
For eg, open an easy access then a regular saver.
Did I read about it on a post.

Yes, you can.

And, IIRC, some people were able to open it even without opening an easy access account first.

janusdesign

Middle_of_the_Road said:

flaneurs_lobster said:

Middle_of_the_Road said:

flaneurs_lobster said:

Middle_of_the_Road said:

Coventry £500 pm, only 5% variable though-

Regular Saver (6) (coventrybuildingsociety.co.uk)

Cov's First Home Saver is 5.05% and £1K / mth.

I opened the FHS but gave notice when the easy access rate overtook it. It's still open with £1 in case it becomes worthwhile again. It also matures at 36 months, which is a plus.

I was lucky enough to snag v1 which is at 5.6 and still has 24 mths to run.

I missed out on that one as was debating if it was right to open one, being that it really wouldn't have been savings for anyone's home.

Did manage to get the Hanley BS £1000pm before it was withdrawn, which is also a decent rate @ 5.5%

lol - I was sat on that CBS moral fence too for a long while... in the end, I opened it.

Bigwheels1111 said:

Can I get a West Brom regular saver without living in the post code.
For eg, open an easy access then a regular saver.
Did I read about it on a post.

it's been discussed recently in the RS thread - the alternative entry is their 5.25% 60 day notice account... that rate can drop with 14 days notice, but if you're only opening with £1 as a gateway account to get access to the regular saver, that won't really matter.

worth remembering with West Brom BS that you have to email them a copy of photo ID and your signature.

Bigwheels1111

janusdesign said:

Middle_of_the_Road said:

flaneurs_lobster said:

Middle_of_the_Road said:

flaneurs_lobster said:

Middle_of_the_Road said:

Coventry £500 pm, only 5% variable though-

Regular Saver (6) (coventrybuildingsociety.co.uk)

Cov's First Home Saver is 5.05% and £1K / mth.

I opened the FHS but gave notice when the easy access rate overtook it. It's still open with £1 in case it becomes worthwhile again. It also matures at 36 months, which is a plus.

I was lucky enough to snag v1 which is at 5.6 and still has 24 mths to run.

I missed out on that one as was debating if it was right to open one, being that it really wouldn't have been savings for anyone's home.

Did manage to get the Hanley BS £1000pm before it was withdrawn, which is also a decent rate @ 5.5%

lol - I was sat on that CBS moral fence too for a long while... in the end, I opened it.

Bigwheels1111 said:

Can I get a West Brom regular saver without living in the post code.
For eg, open an easy access then a regular saver.
Did I read about it on a post.

it's been discussed recently in the RS thread - the alternative entry is their 5.25% 60 day notice account... that rate can drop with 14 days notice, but if you're only opening with £1 as a gateway account to get access to the regular saver, that won't really matter.

worth remembering with West Brom BS that you have to email them a copy of photo ID and your signature.

ID was easy I think. I took a photo of driving license and signature.
Then uploaded it with the application.
I will find out in 2 or 3 days.

tiptoe_mouse

Bigwheels1111 said:

janusdesign said:

Middle_of_the_Road said:

flaneurs_lobster said:

Middle_of_the_Road said:

flaneurs_lobster said:

Middle_of_the_Road said:

Coventry £500 pm, only 5% variable though-

Regular Saver (6) (coventrybuildingsociety.co.uk)

Cov's First Home Saver is 5.05% and £1K / mth.

I opened the FHS but gave notice when the easy access rate overtook it. It's still open with £1 in case it becomes worthwhile again. It also matures at 36 months, which is a plus.

I was lucky enough to snag v1 which is at 5.6 and still has 24 mths to run.

I missed out on that one as was debating if it was right to open one, being that it really wouldn't have been savings for anyone's home.

Did manage to get the Hanley BS £1000pm before it was withdrawn, which is also a decent rate @ 5.5%

lol - I was sat on that CBS moral fence too for a long while... in the end, I opened it.

Bigwheels1111 said:

Can I get a West Brom regular saver without living in the post code.
For eg, open an easy access then a regular saver.
Did I read about it on a post.

it's been discussed recently in the RS thread - the alternative entry is their 5.25% 60 day notice account... that rate can drop with 14 days notice, but if you're only opening with £1 as a gateway account to get access to the regular saver, that won't really matter.

worth remembering with West Brom BS that you have to email them a copy of photo ID and your signature.

ID was easy I think. I took a photo of driving license and signature.
Then uploaded it with the application.
I will find out in 2 or 3 days.

I did this too, then today I got an email telling me they were unable to verify my ID and that I would need to apply again 😞.

mebu60

janusdesign said:

Middle_of_the_Road said:

flaneurs_lobster said:

Middle_of_the_Road said:

flaneurs_lobster said:

Middle_of_the_Road said:

Coventry £500 pm, only 5% variable though-

Regular Saver (6) (coventrybuildingsociety.co.uk)

Cov's First Home Saver is 5.05% and £1K / mth.

I opened the FHS but gave notice when the easy access rate overtook it. It's still open with £1 in case it becomes worthwhile again. It also matures at 36 months, which is a plus.

I was lucky enough to snag v1 which is at 5.6 and still has 24 mths to run.

I missed out on that one as was debating if it was right to open one, being that it really wouldn't have been savings for anyone's home.

Did manage to get the Hanley BS £1000pm before it was withdrawn, which is also a decent rate @ 5.5%

lol - I was sat on that CBS moral fence too for a long while... in the end, I opened it.

Ditto. I will no doubt be assisting daughter's first home purchase at some point! 

jimjames

cygnusfig said:

Why are regular savers capped at quite low amounts per month? Highest I can see is £300 p/m I know you can open multiple accounts but just curious why not allow higher amounts paid in?

YBS is £500 pm

simonsmithsays

I've got quite a few with contributions over £300.  All over 5.5%

One up to £1000 at 5.6% easy access but NLA.

Keep your eye out on the RS thread

Kaizen917

There can be RS in the 500-1000 per month range but their rates are generally not far off from a good instant account as well. I wouldnt really bother with anything under 6%.