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The Top Regular Savers Discussion Thread

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  • HHUK
    HHUK Posts: 235 Forumite
    Part of the Furniture 100 Posts Savvy Shopper! Photogenic
    edited 23 April at 10:52PM
    I've lobbed £100 into a new Coventry Loyalty Regular Saver (3), purely to gain entry to the prize draw. Only has to sit there for less than two months with it being a one-off draw, and seems worth losing a minuscule amount of interest to be in with a chance. I was lucky just before Christmas in their Sunny Day Saver draw, so am hoping lightning may strike twice. Thanks to whoever first mentioned the Regular Saver (3) here. 
  • Speculator
    Speculator Posts: 2,339 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    HHUK said:
    I've lobbed £100 into a new Coventry Loyalty Regular Saver (3), purely to gain entry to the prize draw. Only has to sit there for less than two months with it being a one-off draw, and seems worth losing a minuscule amount of interest to be in with a chance. I was lucky just before Christmas in their Sunny Day Saver draw, so am hoping lighting may strike twice. Thanks to whoever first mentioned the Regular Saver (3) here. 
    Going to do the same and probably close it as soon as the draw finishes. Even if they charge you the 30 days penalty, it's only 41p to withdraw the £100.
  • Bridlington1
    Bridlington1 Posts: 3,707 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
  • MisterMotivated
    MisterMotivated Posts: 602 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    I was momentarily miffed when I saw mention of the Coventry Loyalty Saver, having closed my easy access saver (opened in December) the previous day after getting fed up waiting for a new RS.  Thankfully my disappointment faded when I read that the rate was only 5.00%
  • where_are_we
    where_are_we Posts: 1,216 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Coventry LRS - Compared to the best one year fix at the moment of about 4.65%, 5% is better. I know that the 5% is variable and will probably drop at some time but if that happens you just close the account. It appears that you can miss payments, so you could just open with £100 deposit to have a slim chance of winning the draw and then leave it for a year.
  • Dizzycap
    Dizzycap Posts: 1,050 Forumite
    1,000 Posts Second Anniversary Photogenic Debt-free and Proud!
    HHUK said:
    I've lobbed £100 into a new Coventry Loyalty Regular Saver (3), purely to gain entry to the prize draw. Only has to sit there for less than two months with it being a one-off draw, and seems worth losing a minuscule amount of interest to be in with a chance. I was lucky just before Christmas in their Sunny Day Saver draw, so am hoping lighting may strike twice. Thanks to whoever first mentioned the Regular Saver (3) here. 
    Going to do the same and probably close it as soon as the draw finishes. Even if they charge you the 30 days penalty, it's only 41p to withdraw the £100.
    Definately worth a punt with the prize draw. It would be nice to hear from any MSE prize winners ;)
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  • HHUK
    HHUK Posts: 235 Forumite
    Part of the Furniture 100 Posts Savvy Shopper! Photogenic
    Stargunner said:
    I was fortunate to win £200 in the January draw. They credited the amount to my Sunny Day saver and it is still in there earning 6%.
    Same, except my very welcome £200 win in the Coventry Sunny Day Saver draw was in December
  • exel1966
    exel1966 Posts: 5,042 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    CBS Loyalty Saver (3) now NLA
    Nope, it's still available.
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