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

soulsaver

silvercar said:

Coventry loyalty seasonal saver, 6%, max £250 per month, 12 month term, 30 days loss of interest on amount withdrawn before 31/10/25 , then free access. 

The Top Regular Savers Discussion Thread - Page 65 — MoneySavingExpert Forum

GetRichOrDieSaving

silvercar said:

Coventry loyalty seasonal saver, 6%, max £250 per month, 12 month term, 30 days loss of interest on amount withdrawn before 31/10/25 , then free access. 

Seems I can now pick this one up, presumably because I’ve been a member now long enough to meet the criteria. 

If I opened and funded on 31st Jan could I then fund again on 1st Feb? Anyone know? 

Bigwheels1111

I fund my TSB reg saver from my First Direct account.
Have done for the last 3 years.

Bigwheels1111

GetRichOrDieSaving said:

silvercar said:

Coventry loyalty seasonal saver, 6%, max £250 per month, 12 month term, 30 days loss of interest on amount withdrawn before 31/10/25 , then free access. 

Seems I can now pick this one up, presumably because I’ve been a member now long enough to meet the criteria. 

If I opened and funded on 31st Jan could I then fund again on 1st Feb? Anyone know? 

Coventry and First Direct are the only 2 that don’t allow this.
The day it’s opened is the day you make the next payment.
Opened on the 18th of January, next payment on the 18th of February.

jaypers

GetRichOrDieSaving said:

silvercar said:

Coventry loyalty seasonal saver, 6%, max £250 per month, 12 month term, 30 days loss of interest on amount withdrawn before 31/10/25 , then free access. 

Seems I can now pick this one up, presumably because I’ve been a member now long enough to meet the criteria. 

If I opened and funded on 31st Jan could I then fund again on 1st Feb? Anyone know? 

Knew I wasn’t eligible anyway as only been a member for a few months but clicked apply in the app and it confirms I’m not eligible…….goes on to say I need to have been a member since 1st January 2022 haha. Think that’s 2 years out of date!

bripat

Is the zopa 7.5% £300 per month still available I did see someone talking about it before Christmas. At £300 and 7.5% it must be one of the top ones ?.

friolento

bripat said:

Is the zopa 7.5% £300 per month still available I did see someone talking about it before Christmas. At £300 and 7.5% it must be one of the top ones ?.

It is but you need to have a Zopa current account as a pre-requisite. The current account is still in Beta and only available by invite. Are you on their waitlist?   https://www.zopa.com/bank-account

jaypers

bripat said:

Is the zopa 7.5% £300 per month still available I did see someone talking about it before Christmas. At £300 and 7.5% it must be one of the top ones ?.

Only if you have a Zopa Bank Account, which is still in Beta and you have to be invited to get one. There is some debate around signing up on the wait list might speed this up for those who register an interest - https://www.zopa.com/bank-account

Bobblehat

Bigwheels1111 said:

GetRichOrDieSaving said:

silvercar said:

Coventry loyalty seasonal saver, 6%, max £250 per month, 12 month term, 30 days loss of interest on amount withdrawn before 31/10/25 , then free access. 

Seems I can now pick this one up, presumably because I’ve been a member now long enough to meet the criteria. 

If I opened and funded on 31st Jan could I then fund again on 1st Feb? Anyone know? 

Coventry and First Direct are the only 2 that don’t allow this.
The day it’s opened is the day you make the next payment.
Opened on the 18th of January, next payment on the 18th of February.

Just to expand a little ... the Coventry Loyalty Seasonal Saver is as Bigwheels1111 says in the example above, but there are other Coventry RS's that do allow payment shifting to 1st of the month etc. The Sunny Day RS for example.

Hattie627

Bobblehat said:

Bigwheels1111 said:

GetRichOrDieSaving said:

silvercar said:

Coventry loyalty seasonal saver, 6%, max £250 per month, 12 month term, 30 days loss of interest on amount withdrawn before 31/10/25 , then free access. 

Seems I can now pick this one up, presumably because I’ve been a member now long enough to meet the criteria. 

If I opened and funded on 31st Jan could I then fund again on 1st Feb? Anyone know? 

Coventry and First Direct are the only 2 that don’t allow this.
The day it’s opened is the day you make the next payment.
Opened on the 18th of January, next payment on the 18th of February.

Just to expand a little ... the Coventry Loyalty Seasonal Saver is as Bigwheels1111 says in the example above, but there are other Coventry RS's that do allow payment shifting to 1st of the month etc. The Sunny Day RS for example.

Yes, Coventry BS are confusing. Some of their RS accounts are calendar months for funding, some are account months.

If they ARE going to use account months for funding (against the general trend of calendar months), at least they should be consistent across their range of accounts.

I sometimes wonder if these unnecessary complications discourage the wider use of RS accounts.