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

subjecttocontract

The Coventry Sunny Day Saver seems a bit of a no brainer to me. Easy to open, chance of a prize and get all your money back next year. I've opened it with £10 & set up a standing order for £10 a month from October. Now I'll just forget about it until it matures in a year's time, unless I hear I've won a prize. 😁😁 

Hattie627

Kim_13 said:

schiff said:

jaypers said:

Bridlington1 said:

Coventry BS are launching a Sunny Day Saver (2) at 4.3% (var), £150/mth, unlimited withdrawals.

In addition it comes with prize draws, See below for details:
https://secure.coventrybuildingsociety.co.uk/savings-and-investments/application/SpecificTermsAndConds.aspx?prodCode=SDS2

Note the account is ineligible for inclusion on the first page of this thread owing to the thresholds.

The interest rate is absolutely awful but perhaps worth opening and funding with £10 per month for the draw. 

They could perhaps offer better rates if they economised on postage. I've had eight letters from them today, all about recent activity.

I thought mine was excessive with three. If they must send them by post, they could at least put them in the same envelope.

Coventry BS

I got closure statement and certificate of interest paid (for the same account) in separate mailings. I assume they are produced by different persons/teams and it's cheaper to pay two lots of postage than to attempt to bring them together as one.

SJMALBA

ForumUser7 said:

SJMALBA said:

schiff said:

jaypers said:

Bridlington1 said:

Coventry BS are launching a Sunny Day Saver (2) at 4.3% (var), £150/mth, unlimited withdrawals.

In addition it comes with prize draws, See below for details:
https://secure.coventrybuildingsociety.co.uk/savings-and-investments/application/SpecificTermsAndConds.aspx?prodCode=SDS2

Note the account is ineligible for inclusion on the first page of this thread owing to the thresholds.

The interest rate is absolutely awful but perhaps worth opening and funding with £10 per month for the draw. 

They could perhaps offer better rates if they economised on postage. I've had eight letters from them today, all about recent activity.

I had 14 last week!

Wow! What is meant by recent activity? Just statements or something different to normal?

Yes, recent activity (account closure 'closing statements', interest statements..).

Kim_13

Hattie627 said:

Kim_13 said:

schiff said:

jaypers said:

Bridlington1 said:

Coventry BS are launching a Sunny Day Saver (2) at 4.3% (var), £150/mth, unlimited withdrawals.

In addition it comes with prize draws, See below for details:
https://secure.coventrybuildingsociety.co.uk/savings-and-investments/application/SpecificTermsAndConds.aspx?prodCode=SDS2

Note the account is ineligible for inclusion on the first page of this thread owing to the thresholds.

The interest rate is absolutely awful but perhaps worth opening and funding with £10 per month for the draw. 

They could perhaps offer better rates if they economised on postage. I've had eight letters from them today, all about recent activity.

I thought mine was excessive with three. If they must send them by post, they could at least put them in the same envelope.

Coventry BS

I got closure statement and certificate of interest paid (for the same account) in separate mailings. I assume they are produced by different persons/teams and it's cheaper to pay two lots of postage than to attempt to bring them together as one.

As did I, also a letter for sending the proceeds to another account with them that I hadn't paid into for a while.

Gers

easysaver said:

Moneyfacts showing Yorkshire BS £50 Regular Saver @ 8%. Not currently showing on YBS.co.uk

Previously indicated by @Bridlington1 although iirc the rate was unknown at the time.

Moneyfacts indicating opening only in branch or by post! Seems a bit backward for YBS.

Hattie627

Gers said:

easysaver said:

Moneyfacts showing Yorkshire BS £50 Regular Saver @ 8%. Not currently showing on YBS.co.uk

Previously indicated by @Bridlington1 although iirc the rate was unknown at the time.

Moneyfacts indicating opening only in branch or by post! Seems a bit backward for YBS.

There will probably be an e version as well

s71hj

Hattie627 said:

Gers said:

easysaver said:

Moneyfacts showing Yorkshire BS £50 Regular Saver @ 8%. Not currently showing on YBS.co.uk

Previously indicated by @Bridlington1 although iirc the rate was unknown at the time.

Moneyfacts indicating opening only in branch or by post! Seems a bit backward for YBS.

There will probably be an e version as well

Then somebody will come up with a cunning strategy to open both! 

Bobblehat

s71hj said:

Hattie627 said:

Gers said:

easysaver said:

Moneyfacts showing Yorkshire BS £50 Regular Saver @ 8%. Not currently showing on YBS.co.uk

Previously indicated by @Bridlington1 although iirc the rate was unknown at the time.

Moneyfacts indicating opening only in branch or by post! Seems a bit backward for YBS.

There will probably be an e version as well

Then somebody will come up with a cunning strategy to open both! 

 ...... and each one twice!

kermchem

s71hj said:

Then somebody will come up with a cunning strategy to open both! 

All current YBS regular savers appear to have both an e and a branch/postal version with the T&Cs saying that you cannot have both, or more than one (unless joint).

Bobblehat

kermchem said:

s71hj said:

Then somebody will come up with a cunning strategy to open both! 

All current YBS regular savers appear to have both an e and a branch/postal version with the T&Cs saying that you cannot have both, or more than one (unless joint).

You're new here, aren't you? T&C's are only meaningful if they are enforced ..... according to many frequent contributors to this thread!