📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

The New Top Easy Access Savings Discussion Area

1181182184186187328

Comments

  • The Ulster Bank Loyalty Saver account rate reduction notice 


  • Bobblehat
    Bobblehat Posts: 837 Forumite
    Eighth Anniversary 500 Posts I've been Money Tipped! Name Dropper
    AndyTh_2 said:
    SnowMan said:
    According to www.moneyfactscompare.co.uk, Coventry Building Society have now withdrawn their 4 Access Saver (which is currently paying 4.85% AER) and in its place put back on sale their 5 Access Saver (Online) (2) which is currently paying exactly the same interest rate of 4.66% AER (4.66% annually, 4.56% monthly) that it was previously paying a few weeks ago.

    [The link to the application buttons and details for the 4 Access Saver that @Expotter kindly first posted on page 171 of this thread was still working at c. 2.50am on Friday 14 February so it may be possible to still apply for this higher paying account if you are very quick!]

    The 5 access saver online (2) is now on the Coventry website at 4.66% AER reducing to 4.5% AER on 3rd March
    I'm hoping my 4 access saver will be reduced by no more than 0.25%pa which would take it down to 4.6% AER. We will find out shortly.
    My 5 access saver (original version) is currently paying 4.75% AER so I suspect this will reduce to 4.5% AER also to match the 5 access saver (2). 

    They've added this round of changes to https://www.coventrybuildingsociety.co.uk/member/help/member-support/bank-of-england-base-rate.html as PDF

    It doesn't show 4 access saver on the list so looks like a great rate for this round.
    I was surprised to see that the 4 Access Saver does not appear to be in Coventry's latest list of interest rate drops. I thought it was just me missing it in all the various combinations of account names, so thanks for confirming that you didn't find it either!
  • pecunianonolet
    pecunianonolet Posts: 1,826 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    Bobblehat said:
    AndyTh_2 said:
    SnowMan said:
    According to www.moneyfactscompare.co.uk, Coventry Building Society have now withdrawn their 4 Access Saver (which is currently paying 4.85% AER) and in its place put back on sale their 5 Access Saver (Online) (2) which is currently paying exactly the same interest rate of 4.66% AER (4.66% annually, 4.56% monthly) that it was previously paying a few weeks ago.

    [The link to the application buttons and details for the 4 Access Saver that @Expotter kindly first posted on page 171 of this thread was still working at c. 2.50am on Friday 14 February so it may be possible to still apply for this higher paying account if you are very quick!]

    The 5 access saver online (2) is now on the Coventry website at 4.66% AER reducing to 4.5% AER on 3rd March
    I'm hoping my 4 access saver will be reduced by no more than 0.25%pa which would take it down to 4.6% AER. We will find out shortly.
    My 5 access saver (original version) is currently paying 4.75% AER so I suspect this will reduce to 4.5% AER also to match the 5 access saver (2). 

    They've added this round of changes to https://www.coventrybuildingsociety.co.uk/member/help/member-support/bank-of-england-base-rate.html as PDF

    It doesn't show 4 access saver on the list so looks like a great rate for this round.
    I was surprised to see that the 4 Access Saver does not appear to be in Coventry's latest list of interest rate drops. I thought it was just me missing it in all the various combinations of account names, so thanks for confirming that you didn't find it either!
    It might be that because of them renaming and changing the number of access it is in the list but not easy to find. Updating my spreadsheet is a total mess now. 
    Also can't find any of the Triple Access Accounts. 
  • SnowMan
    SnowMan Posts: 3,727 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    It might be that because of them renaming and changing the number of access it is in the list but not easy to find. Updating my spreadsheet is a total mess now. 
    Also can't find any of the Triple Access Accounts. 
    The triple access savers were converted into 5 access savers, so the triple access savers no longer exist which is why no rate is showing.
    The (no longer available from yesterday) four access saver (online) does appear to be staying at 4.85% AER. They say 'We're decreasing most of the rates on our variable savings accounts effective 3 and 4 March 2025', but all the accounts in the rate change notice are showing a reduced rate. So those not on that notice are presumably the accounts where the rate isn't decreasing.
    I came, I saw, I melted
  • dgpur
    dgpur Posts: 207 Forumite
    100 Posts Second Anniversary Name Dropper
    Bobblehat said:
    Bobblehat said:
    AndyTh_2 said:
    SnowMan said:
    According to www.moneyfactscompare.co.uk, Coventry Building Society have now withdrawn their 4 Access Saver (which is currently paying 4.85% AER) and in its place put back on sale their 5 Access Saver (Online) (2) which is currently paying exactly the same interest rate of 4.66% AER (4.66% annually, 4.56% monthly) that it was previously paying a few weeks ago.

    [The link to the application buttons and details for the 4 Access Saver that @Expotter kindly first posted on page 171 of this thread was still working at c. 2.50am on Friday 14 February so it may be possible to still apply for this higher paying account if you are very quick!]

    The 5 access saver online (2) is now on the Coventry website at 4.66% AER reducing to 4.5% AER on 3rd March
    I'm hoping my 4 access saver will be reduced by no more than 0.25%pa which would take it down to 4.6% AER. We will find out shortly.
    My 5 access saver (original version) is currently paying 4.75% AER so I suspect this will reduce to 4.5% AER also to match the 5 access saver (2). 

    They've added this round of changes to https://www.coventrybuildingsociety.co.uk/member/help/member-support/bank-of-england-base-rate.html as PDF

    It doesn't show 4 access saver on the list so looks like a great rate for this round.
    I was surprised to see that the 4 Access Saver does not appear to be in Coventry's latest list of interest rate drops. I thought it was just me missing it in all the various combinations of account names, so thanks for confirming that you didn't find it either!
    It might be that because of them renaming and changing the number of access it is in the list but not easy to find. Updating my spreadsheet is a total mess now. 
    Also can't find any of the Triple Access Accounts. 
    Just spent a good deal of the morning updating Mrs Bobblehat's and my spreadsheet too. These rate drops have quite a knock on effect as to where to shuffle money to next! :|
    It’s chaos. My spreadsheet is a mess of upcoming reductions, and I’m struggling to decide what my new main driver and back up accounts are going to be. Some banks/bs’s still to declare. Maybe will need to wait until mid March to decide what I do next.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.6K Work, Benefits & Business
  • 600K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only 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.