The Old Regular Savers Discussion Thread 28/12/24-29/1/26

mebu60

ForumUser7 said:

janusdesign said:

Dadto3Boys said:

mon3ysav3r said:

Just received a letter from Coventry BS, I am one of fifty people to win 1000 pounds in the Coventry BS Loyalty Regular Saver (3) prize draw, happy days, anyone else?

I did as well!
Are there any other banks who do this sort of thing?

Kent Reliance have a monthly draw for £1,000 - you just need to have at least £100 in savings or £1,000 in a mortgage account with them.

Wonder when that began! I had no clue

Ditto, complete news to me, no recollection of any mention from them of that over the years. 

checkly

RosieRooBear said:

Dudley Loyalty Regular Saver
Have just spoken to Customer Services at Dudley BS as I opened my account last night but funds didn’t get credited until this morning. She has confirmed that as long as the account was opened on or before 17th July whether funded or not then you are eligible for the Loyalty RS.
A bit annoying that it is branch or post but I think it’s worth applying for as it is for £500 pm.

Just rang CS and was told that it had to be funded by 17th July so no point them sending me an application form!  Oh well!

janusd

ForumUser7 said:

janusdesign said:

Dadto3Boys said:

mon3ysav3r said:

Just received a letter from Coventry BS, I am one of fifty people to win 1000 pounds in the Coventry BS Loyalty Regular Saver (3) prize draw, happy days, anyone else?

I did as well!
Are there any other banks who do this sort of thing?

Kent Reliance have a monthly draw for £1,000 - you just need to have at least £100 in savings or £1,000 in a mortgage account with them.

Wonder when that began! I had no clue

the wayback machine says August 2023 - tbf, I had no clue about it either until I saw it mentioned when applying for a new account (or their newer system) last week.

mhoc

Please can I ask a question regarding Leek regular saver.
Is there a minimum amount that you can add to your account each month - I've got the page open and it states £500 maximum but I cant see a minimum unless its buried somewhere ...
I am thinking of dropping my standing order to the minimum now the interest rate is down to 4.35% - I did the same with Stafford BS regular savers a few months back, now down to £25 a month.
For the time being I am not going to close the Leek regular savers  (OH and I both have one) as they will be useful to fund the other regular savers standing orders in months when nothing else has matured so cash flow is dire - (same with Stafford, kept open for now) 

In the meantime I am going to restart Leeds regular savers which at least are 4.70% for now and last 2 years.

Bridlington1

mhoc said:

Please can I ask a question regarding Leek regular saver.
Is there a minimum amount that you can add to your account each month - I've got the page open and it states £500 maximum but I cant see a minimum unless its buried somewhere ...
I am thinking of dropping my standing order to the minimum now the interest rate is down to 4.35% - I did the same with Stafford BS regular savers a few months back, now down to £25 a month.
For the time being I am not going to close the Leek regular savers  (OH and I both have one) as they will be useful to fund the other regular savers standing orders in months when nothing else has matured so cash flow is dire - (same with Stafford, kept open for now) 

In the meantime I am going to restart Leeds regular savers which at least are 4.70% for now and last 2 years.

No minimum monthly deposit exists for the Leek BS RS and you can miss as many payments as you wish.

flaneurs_lobster

RosieRooBear said:

Dudley Loyalty Regular Saver
Have just spoken to Customer Services at Dudley BS as I opened my account last night but funds didn’t get credited until this morning. She has confirmed that as long as the account was opened on or before 17th July whether funded or not then you are eligible for the Loyalty RS.

checkly said:

Just rang CS and was told that it had to be funded by 17th July so no point them sending me an application form!  Oh well!

Mine's opened 17th, showing funded next day. One of those CS agents is correct, I've filled the form out so might as well spend the postage to find out which.

RosieRooBear

flaneurs_lobster said:

RosieRooBear said:

Dudley Loyalty Regular Saver
Have just spoken to Customer Services at Dudley BS as I opened my account last night but funds didn’t get credited until this morning. She has confirmed that as long as the account was opened on or before 17th July whether funded or not then you are eligible for the Loyalty RS.

checkly said:

Just rang CS and was told that it had to be funded by 17th July so no point them sending me an application form!  Oh well!

Mine's opened 17th, showing funded next day. One of those CS agents is correct, I've filled the form out so might as well spend the postage to find out which.

I’ve written a covering letter with both mine & hubby’s application forms stating date and time I spoke to Customer Services confirming I could open them so 🤞. The CS did spend around five minutes checking with higher authority as she said she didn’t want to give me wrong information so I’m hoping she was right.

mhoc

I've had a notification by email to expect a letter in the post regarding my Coventry regular saver 6 maturity in early August. I am going to just close and withdraw (to feed the September standing orders) 
But when did Coventry regular savers allow deposit up to £500 - is this a new thing or have I just missed the memo? 
Not that it matters now the interest rate is down to 4.25% - I have another regular saver 6 which was started in January which I am probably going to reduce the standing order to for to the minimum. 

saverkev

Monmouthshire BS have finally released their app at some point in the past few weeks: https://www.monbs.com/monbs-app/

Thanks to @ircE who posted in Whimsical banter thread

jameseonline

saverkev said:

Monmouthshire BS have finally released their app at some point in the past few weeks: https://www.monbs.com/monbs-app/

Thanks to @ircE who posted in Whimsical banter thread

I also posted about it in the savings app thread, hopefully Principality will get their butt into gear soon, then that's all of Wales done cuz Swansea recently launched theirs too.