Coventry Building Society Loyalty Regular Saver

jameseonline

Hattie627 said:

You can only be named on one version of Loyalty Saver at a time. I already have the first version of the Loyalty Saver (7%) so can't get this one

That sucks but at least you on a better rate.

I recently tried getting the latest Nationwide regular Saver issue but as I'm on the previous I can't have it yet.

Same thing for a YBS regular.

But I'm getting better rates from previous version so not end of the world just would have been nice to have them at same time obviously 😁.

I don't know if they still do but I used to have several Principality Regular Savings Bond issues going at the same time (had to close early but yeah) so it could/can be a thing.

Bridlington1

jameseonline said:

Hattie627 said:

You can only be named on one version of Loyalty Saver at a time. I already have the first version of the Loyalty Saver (7%) so can't get this one

That sucks but at least you on a better rate.

I recently tried getting the latest Nationwide regular Saver issue but as I'm on the previous I can't have it yet.

Same thing for a YBS regular.

But I'm getting better rates from previous version so not end of the world just would have been nice to have them at same time obviously 😁.

I don't know if they still do but I used to have several Principality Regular Savings Bond issues going at the same time (had to close early but yeah) so it could/can be a thing.

I'm not sure about that. I currently have both the 7% and 5.75% versions of the YBS loyalty regular saver and have had them since they were each launched, AFAIK I'm not the only one to hold both simultaneously. I also checked with a couple of branches on the day the 5.75% one was launched and they both said you can have one of each version of the YBS loyalty RS.

In regards to your final point you can also still have one of each issue of the Principality regular savers.

jameseonline

Bridlington1 said:

jameseonline said:

Hattie627 said:

You can only be named on one version of Loyalty Saver at a time. I already have the first version of the Loyalty Saver (7%) so can't get this one

That sucks but at least you on a better rate.

I recently tried getting the latest Nationwide regular Saver issue but as I'm on the previous I can't have it yet.

Same thing for a YBS regular.

But I'm getting better rates from previous version so not end of the world just would have been nice to have them at same time obviously 😁.

I don't know if they still do but I used to have several Principality Regular Savings Bond issues going at the same time (had to close early but yeah) so it could/can be a thing.

I'm not sure about that. I currently have both the 7% and 5.75% versions of the YBS loyalty regular saver and have had them since they were each launched, AFAIK I'm not the only one to hold both simultaneously. I also checked with a couple of branches on the day the 5.75% one was launched and they both said you can have one of each version of the YBS loyalty RS.

In regards to your final point you can also still have one of each issue of the Principality regular savers.

Although you might be offered a new version of the same type of YBS account I'm pretty sure there's a thing in terms and conditions saying they can close the most recent one you have or similar so you aren't really supposed to have it although technically you might but then they still might close it.

Unless I read/understood things wrong.

Sometimes terms and conditions aren't the best they can be.

With YBS I currently have the Christmas Regular 2024 at 6% and Loyalty Regular 2023 at 7%

But hey I might give it a go and see what happens.

Thanks for the Principality info.

Bridlington1

jameseonline said:

Bridlington1 said:

jameseonline said:

Hattie627 said:

You can only be named on one version of Loyalty Saver at a time. I already have the first version of the Loyalty Saver (7%) so can't get this one

That sucks but at least you on a better rate.

I recently tried getting the latest Nationwide regular Saver issue but as I'm on the previous I can't have it yet.

Same thing for a YBS regular.

But I'm getting better rates from previous version so not end of the world just would have been nice to have them at same time obviously 😁.

I don't know if they still do but I used to have several Principality Regular Savings Bond issues going at the same time (had to close early but yeah) so it could/can be a thing.

I'm not sure about that. I currently have both the 7% and 5.75% versions of the YBS loyalty regular saver and have had them since they were each launched, AFAIK I'm not the only one to hold both simultaneously. I also checked with a couple of branches on the day the 5.75% one was launched and they both said you can have one of each version of the YBS loyalty RS.

In regards to your final point you can also still have one of each issue of the Principality regular savers.

Although you might be offered a new version of the same type of YBS account I'm pretty sure there's a thing in terms and conditions saying they can close the most recent one you have or similar so you aren't really supposed to have it although technically you might but then they still might close it.

Unless I read/understood things wrong.

Sometimes terms and conditions aren't the best they can be.

With YBS I currently have the Christmas Regular 2024 at 6% and Loyalty Regular 2023 at 7%

But hey I might give it a go and see what happens.

Thanks for the Principality info.

The term I think you're referring to in the Ts&Cs of the 5.75% version states:

You can only hold one Loyalty Regular eSaver or Loyalty Regular Saver account in your name. For joint accounts you can only be the Main Holder on one account but can be Other Holder on a second account. If you are named as a main holder on more than one Loyalty Regular eSaver account, the most recent account will be transferred to the Internet Saver Plus Issue 14

But the 7% version isn't a Loyalty Regular eSaver or Loyalty Regular Saver account, it is the Loyalty Regular eSaver 2023, which is a separate product. The corresponding term for the Loyalty Regular eSaver 2023 states:

You can only hold one Loyalty Regular eSaver 2023 or Loyalty Regular Saver 2023 account in your name. For joint accounts you can only be the Main Holder on one account but can be Other Holder on the second account. . If you are named as Main Holder on more than one Loyalty Regular eSaver 2023 account, the most recent account opened will be transferred to the Internet Saver Plus Issue 13

So whilst you can't hold two Loyalty Regular eSavers simultaneously, you can have both a Loyalty Regular eSaver and a Loyalty Regular eSaver 2023 simultaneously.

I have currently have the Loyalty Regular eSaver at 5.75%, the Loyalty Regular eSaver 2023 at 7% and the Christmas 2024 RS at 6% they're all alive and well.

The terms for all 3 can be found on the Archived List of Regular Savers thread.

jameseonline

Bridlington1 said:

jameseonline said:

Bridlington1 said:

jameseonline said:

Hattie627 said:

You can only be named on one version of Loyalty Saver at a time. I already have the first version of the Loyalty Saver (7%) so can't get this one

That sucks but at least you on a better rate.

I recently tried getting the latest Nationwide regular Saver issue but as I'm on the previous I can't have it yet.

Same thing for a YBS regular.

But I'm getting better rates from previous version so not end of the world just would have been nice to have them at same time obviously 😁.

I don't know if they still do but I used to have several Principality Regular Savings Bond issues going at the same time (had to close early but yeah) so it could/can be a thing.

I'm not sure about that. I currently have both the 7% and 5.75% versions of the YBS loyalty regular saver and have had them since they were each launched, AFAIK I'm not the only one to hold both simultaneously. I also checked with a couple of branches on the day the 5.75% one was launched and they both said you can have one of each version of the YBS loyalty RS.

In regards to your final point you can also still have one of each issue of the Principality regular savers.

Although you might be offered a new version of the same type of YBS account I'm pretty sure there's a thing in terms and conditions saying they can close the most recent one you have or similar so you aren't really supposed to have it although technically you might but then they still might close it.

Unless I read/understood things wrong.

Sometimes terms and conditions aren't the best they can be.

With YBS I currently have the Christmas Regular 2024 at 6% and Loyalty Regular 2023 at 7%

But hey I might give it a go and see what happens.

Thanks for the Principality info.

The term I think you're referring to in the Ts&Cs of the 5.75% version states:

You can only hold one Loyalty Regular eSaver or Loyalty Regular Saver account in your name. For joint accounts you can only be the Main Holder on one account but can be Other Holder on a second account. If you are named as a main holder on more than one Loyalty Regular eSaver account, the most recent account will be transferred to the Internet Saver Plus Issue 14

But the 7% version isn't a Loyalty Regular eSaver or Loyalty Regular Saver account, it is the Loyalty Regular eSaver 2023, which is a separate product. The corresponding term for the Loyalty Regular eSaver 2023 states:

You can only hold one Loyalty Regular eSaver 2023 or Loyalty Regular Saver 2023 account in your name. For joint accounts you can only be the Main Holder on one account but can be Other Holder on the second account. . If you are named as Main Holder on more than one Loyalty Regular eSaver 2023 account, the most recent account opened will be transferred to the Internet Saver Plus Issue 13

So whilst you can't hold two Loyalty Regular eSavers simultaneously, you can have both a Loyalty Regular eSaver and a Loyalty Regular eSaver 2023 simultaneously.

I have currently have the Loyalty Regular eSaver at 5.75%, the Loyalty Regular eSaver 2023 at 7% and the Christmas 2024 RS at 6% they're all alive and well.

The terms for all 3 can be found on the Archived List of Regular Savers thread.

Thanks it's esavers I have (to be technical) I'll try getting the 5.75% Loyalty esaver then, so basically the fact the one I have has a year in the name means I can have the one that doesn't.

Also I could get the regular esaver at 5.25%, aswell I take it?, although not high on my priority list.

My aim is to get the highest rates possible then if anything is left over get the ones lower down the list.

Who remembers when HSBC & Santander were decent @ 5%, that quickly changed 🤣, basically had to stick with the HSBC though otherwise less interest, as for Santander they launched the limited savings account which pays higher than the regular 🤷

subjecttocontract

I find it quite strange that Coventry call it a 'loyalty' account. Most of us will know that those that quality by already holding an account with Coventry do so because they have been attracted by the interest rates on offer and not through any reason of loyalty ! Certainly in my own case loyalty has absolutely nothing whatsoever to do with any existing savings accounts that I hold. 

Bridlington1

jameseonline said:

Bridlington1 said:

jameseonline said:

Bridlington1 said:

jameseonline said:

Hattie627 said:

You can only be named on one version of Loyalty Saver at a time. I already have the first version of the Loyalty Saver (7%) so can't get this one

That sucks but at least you on a better rate.

I recently tried getting the latest Nationwide regular Saver issue but as I'm on the previous I can't have it yet.

Same thing for a YBS regular.

But I'm getting better rates from previous version so not end of the world just would have been nice to have them at same time obviously 😁.

I don't know if they still do but I used to have several Principality Regular Savings Bond issues going at the same time (had to close early but yeah) so it could/can be a thing.

I'm not sure about that. I currently have both the 7% and 5.75% versions of the YBS loyalty regular saver and have had them since they were each launched, AFAIK I'm not the only one to hold both simultaneously. I also checked with a couple of branches on the day the 5.75% one was launched and they both said you can have one of each version of the YBS loyalty RS.

In regards to your final point you can also still have one of each issue of the Principality regular savers.

Although you might be offered a new version of the same type of YBS account I'm pretty sure there's a thing in terms and conditions saying they can close the most recent one you have or similar so you aren't really supposed to have it although technically you might but then they still might close it.

Unless I read/understood things wrong.

Sometimes terms and conditions aren't the best they can be.

With YBS I currently have the Christmas Regular 2024 at 6% and Loyalty Regular 2023 at 7%

But hey I might give it a go and see what happens.

Thanks for the Principality info.

The term I think you're referring to in the Ts&Cs of the 5.75% version states:

You can only hold one Loyalty Regular eSaver or Loyalty Regular Saver account in your name. For joint accounts you can only be the Main Holder on one account but can be Other Holder on a second account. If you are named as a main holder on more than one Loyalty Regular eSaver account, the most recent account will be transferred to the Internet Saver Plus Issue 14

But the 7% version isn't a Loyalty Regular eSaver or Loyalty Regular Saver account, it is the Loyalty Regular eSaver 2023, which is a separate product. The corresponding term for the Loyalty Regular eSaver 2023 states:

You can only hold one Loyalty Regular eSaver 2023 or Loyalty Regular Saver 2023 account in your name. For joint accounts you can only be the Main Holder on one account but can be Other Holder on the second account. . If you are named as Main Holder on more than one Loyalty Regular eSaver 2023 account, the most recent account opened will be transferred to the Internet Saver Plus Issue 13

So whilst you can't hold two Loyalty Regular eSavers simultaneously, you can have both a Loyalty Regular eSaver and a Loyalty Regular eSaver 2023 simultaneously.

I have currently have the Loyalty Regular eSaver at 5.75%, the Loyalty Regular eSaver 2023 at 7% and the Christmas 2024 RS at 6% they're all alive and well.

The terms for all 3 can be found on the Archived List of Regular Savers thread.

Thanks it's esavers I have (to be technical) I'll try getting the 5.75% Loyalty esaver then, so basically the fact the one I have has a year in the name means I can have the one that doesn't.

Also I could get the regular esaver at 5.25%, aswell I take it?, although not high on my priority list.

My aim is to get the highest rates possible then if anything is left over get the ones lower down the list.

Who remembers when HSBC & Santander were decent @ 5%, that quickly changed 🤣, basically had to stick with the HSBC though otherwise less interest, as for Santander they launched the limited savings account which pays higher than the regular 🤷

They are all different accounts with different names and the terms don't forbid you from having one of each. You could get the 5.25% RS as well, I used to have it myself until I closed it early to unlock the interest and to free up funds for funding the Co-op RS.

jameseonline

subjecttocontract said:

I find it quite strange that Coventry call it a 'loyalty' account. Most of us will know that those that quality by already holding an account with Coventry do so because they have been attracted by the interest rates on offer and not through any reason of loyalty ! Certainly in my own case loyalty has absolutely nothing whatsoever to do with any existing savings accounts that I hold. 

Loyalty products seem to be a thing/more of a thing these days so that's why I decided to get a poopy Skipton account for £1 deposit (earned 1p so far from that) & also a poopy Cambridge account for £100 deposit (already earned a massive 78p from that) they will just run in the background for me, hopefully next year I'll get some nice Skipton ones and in a few years a nice Cambridge one 😁

jameseonline

Bridlington1 said:

jameseonline said:

Bridlington1 said:

jameseonline said:

Bridlington1 said:

jameseonline said:

Hattie627 said:

You can only be named on one version of Loyalty Saver at a time. I already have the first version of the Loyalty Saver (7%) so can't get this one

That sucks but at least you on a better rate.

I recently tried getting the latest Nationwide regular Saver issue but as I'm on the previous I can't have it yet.

Same thing for a YBS regular.

But I'm getting better rates from previous version so not end of the world just would have been nice to have them at same time obviously 😁.

I don't know if they still do but I used to have several Principality Regular Savings Bond issues going at the same time (had to close early but yeah) so it could/can be a thing.

I'm not sure about that. I currently have both the 7% and 5.75% versions of the YBS loyalty regular saver and have had them since they were each launched, AFAIK I'm not the only one to hold both simultaneously. I also checked with a couple of branches on the day the 5.75% one was launched and they both said you can have one of each version of the YBS loyalty RS.

In regards to your final point you can also still have one of each issue of the Principality regular savers.

Although you might be offered a new version of the same type of YBS account I'm pretty sure there's a thing in terms and conditions saying they can close the most recent one you have or similar so you aren't really supposed to have it although technically you might but then they still might close it.

Unless I read/understood things wrong.

Sometimes terms and conditions aren't the best they can be.

With YBS I currently have the Christmas Regular 2024 at 6% and Loyalty Regular 2023 at 7%

But hey I might give it a go and see what happens.

Thanks for the Principality info.

The term I think you're referring to in the Ts&Cs of the 5.75% version states:

You can only hold one Loyalty Regular eSaver or Loyalty Regular Saver account in your name. For joint accounts you can only be the Main Holder on one account but can be Other Holder on a second account. If you are named as a main holder on more than one Loyalty Regular eSaver account, the most recent account will be transferred to the Internet Saver Plus Issue 14

But the 7% version isn't a Loyalty Regular eSaver or Loyalty Regular Saver account, it is the Loyalty Regular eSaver 2023, which is a separate product. The corresponding term for the Loyalty Regular eSaver 2023 states:

You can only hold one Loyalty Regular eSaver 2023 or Loyalty Regular Saver 2023 account in your name. For joint accounts you can only be the Main Holder on one account but can be Other Holder on the second account. . If you are named as Main Holder on more than one Loyalty Regular eSaver 2023 account, the most recent account opened will be transferred to the Internet Saver Plus Issue 13

So whilst you can't hold two Loyalty Regular eSavers simultaneously, you can have both a Loyalty Regular eSaver and a Loyalty Regular eSaver 2023 simultaneously.

I have currently have the Loyalty Regular eSaver at 5.75%, the Loyalty Regular eSaver 2023 at 7% and the Christmas 2024 RS at 6% they're all alive and well.

The terms for all 3 can be found on the Archived List of Regular Savers thread.

Thanks it's esavers I have (to be technical) I'll try getting the 5.75% Loyalty esaver then, so basically the fact the one I have has a year in the name means I can have the one that doesn't.

Also I could get the regular esaver at 5.25%, aswell I take it?, although not high on my priority list.

My aim is to get the highest rates possible then if anything is left over get the ones lower down the list.

Who remembers when HSBC & Santander were decent @ 5%, that quickly changed 🤣, basically had to stick with the HSBC though otherwise less interest, as for Santander they launched the limited savings account which pays higher than the regular 🤷

They are all different accounts with different names and the terms don't forbid you from having one of each. You could get the 5.25% RS as well, I used to have it myself until I closed it early to unlock the interest and to free up funds for funding the Co-op RS.

Makes total sense to me, I've closed various accounts early to free up funds to fund better accounts 

35har1old

jameseonline said:

Bridlington1 said:

jameseonline said:

Hattie627 said:

You can only be named on one version of Loyalty Saver at a time. I already have the first version of the Loyalty Saver (7%) so can't get this one

That sucks but at least you on a better rate.

I recently tried getting the latest Nationwide regular Saver issue but as I'm on the previous I can't have it yet.

Same thing for a YBS regular.

But I'm getting better rates from previous version so not end of the world just would have been nice to have them at same time obviously 😁.

I don't know if they still do but I used to have several Principality Regular Savings Bond issues going at the same time (had to close early but yeah) so it could/can be a thing.

I'm not sure about that. I currently have both the 7% and 5.75% versions of the YBS loyalty regular saver and have had them since they were each launched, AFAIK I'm not the only one to hold both simultaneously. I also checked with a couple of branches on the day the 5.75% one was launched and they both said you can have one of each version of the YBS loyalty RS.

In regards to your final point you can also still have one of each issue of the Principality regular savers.

Although you might be offered a new version of the same type of YBS account I'm pretty sure there's a thing in terms and conditions saying they can close the most recent one you have or similar so you aren't really supposed to have it although technically you might but then they still might close it.

Unless I read/understood things wrong.

Sometimes terms and conditions aren't the best they can be.

With YBS I currently have the Christmas Regular 2024 at 6% and Loyalty Regular 2023 at 7%

But hey I might give it a go and see what happens.

Thanks for the Principality info.

Principality iss 33 has been running along time no word of iss 34