The Top Regular Savers Discussion Thread

jameseonline

simonsmithsays said:

dcs34 said:

masonic said:

AndyTh_2 said:

dcs34 said:

ForumUser7 said:

Coventry Loyalty Seasonal Saver

Those looking to have this account run by calendar month, (i.e. from the 1st of each month), a reminder that today is the day to open/refresh.

I tried this but got the following error message:

> Sorry, we are currently unable to close your account online. This may be because your account:

- is not eligible to close online

- has no existing eligible payees to receive the closing balance

- is currently awaiting uncleared funds e.g. an uncleared cheque

- is an ISA or a penalty based account opened within the last 14 days

- may have a negative balance

- needs both account holders to sign to close the account

I tried opening an easy access saver (just so it had somewhere obvious to pay the funds to) and adding this as a payee (which required setting up a bogus future payment, but this didn't seem to resolve the issue. Might try again later, not the end of the world if it doesn't happen of course.

Same for me too. I was otherwise just going to skip a January payment for subsequent payments to start 1st Feb

Did you make a payment in December? Could it be that funded accounts cannot be closed online?

Coventry Loyalty Seasonal Regular Saver (Refreshing for 1st Month Payment Dates)
I did fund it when I opened it, and from your comment it seems you didn't and therefore could renew? Oh well, I can't be bothered faffing with closing one account now and risking another one, or having hassle trying to get back the 30D interest deduction...will just skip this month and start again from 1st Feb.

Coventry Loyalty Seasonal Saver

Regarding this account.

I forgeyt that CBS don't work on Calender months and have had a £250 bounced back today after I funded on the 20/12/24.

My next payment is now due for the 1/2/25.  

Do CBS enforce the £1 minimum monthly contribution?

Not strictly true because their Sunny Day you can fund on the 1st of each month 

flaneurs_lobster

jameseonline said:

simonsmithsays said:

dcs34 said:

masonic said:

AndyTh_2 said:

dcs34 said:

ForumUser7 said:

Coventry Loyalty Seasonal Saver

Those looking to have this account run by calendar month, (i.e. from the 1st of each month), a reminder that today is the day to open/refresh.

I tried this but got the following error message:

> Sorry, we are currently unable to close your account online. This may be because your account:

- is not eligible to close online

- has no existing eligible payees to receive the closing balance

- is currently awaiting uncleared funds e.g. an uncleared cheque

- is an ISA or a penalty based account opened within the last 14 days

- may have a negative balance

- needs both account holders to sign to close the account

I tried opening an easy access saver (just so it had somewhere obvious to pay the funds to) and adding this as a payee (which required setting up a bogus future payment, but this didn't seem to resolve the issue. Might try again later, not the end of the world if it doesn't happen of course.

Same for me too. I was otherwise just going to skip a January payment for subsequent payments to start 1st Feb

Did you make a payment in December? Could it be that funded accounts cannot be closed online?

Coventry Loyalty Seasonal Regular Saver (Refreshing for 1st Month Payment Dates)
I did fund it when I opened it, and from your comment it seems you didn't and therefore could renew? Oh well, I can't be bothered faffing with closing one account now and risking another one, or having hassle trying to get back the 30D interest deduction...will just skip this month and start again from 1st Feb.

Coventry Loyalty Seasonal Saver

Regarding this account.

I forgeyt that CBS don't work on Calender months and have had a £250 bounced back today after I funded on the 20/12/24.

My next payment is now due for the 1/2/25.  

Do CBS enforce the £1 minimum monthly contribution?

Not strictly true because their Sunny Day you can fund on the 1st of each month 

As you can with their First Home Saver (1 and 2).

qbadger

Vernon BS Online Regular Saver

Deposits on non-working days: can anyone confirm whether deposits on non-working days are in fact treated as having been received the same day, please?

The value/posted dates for my deposits on Sunday 01 Dec and New Year's Day are next working day (02/12/24 and 02/01/25) in the transaction history.

simonsmithsays

Coventry Loyalty Seasonal Saver

I'll try again with the question I'm trying to ask:

If CBS do not receive any deposit in their deposit month, from people's experience of their RS, do they tend to penalise the account holder?'

Bridlington1

simonsmithsays said:

Coventry Loyalty Seasonal Saver

I'll try again with the question I'm trying to ask:

If CBS so not receive any deposit in their deposit month, from people's experience of their RS, do they tend to penalise the account holder?'

All the terms state regarding deposits is:


My reading of the terms therefore was that it doesn't say you must make a deposit each month, only that you can pay in as many times as you like (I would include zero in that) so long as the deposits doesn't exceed a total of £250 per account month.

Thus I'd read it as a deposit isn't necessary each month and therefore there's no penalty for skipping payments.

I seem to recall their Regular Saver (5) was worded in the same way and I was never penalised for skipping payments.

AmityNeon

qbadger said:

Vernon BS Online Regular Saver

Deposits on non-working days: can anyone confirm whether deposits on non-working days are in fact treated as having been received the same day, please?

The value/posted dates for my deposits on Sunday 01 Dec and New Year's Day are next working day (02/12/24 and 02/01/25) in the transaction history.

Does the word 'value' appear anywhere? Is there any indication in your Vernon BS transaction history indicating the dates of the non-working days the payments were sent?

Kim_13

Just received the proceeds from West Brom, over 24 hours after requesting closure of the maturity account. Wondering if they are a next day as standard, like YBS et al.

The wait for the £50 to hit my Saffron RS continues. I did an internal transfer last month and it took ages for that option to appear on the 2nd, so I went for Faster Payment this time thinking it would be quicker. I have successfully used the payee before so no chance of wrong details.

badger09

Monmouthshire BS Exclusive RS2

Apologues if already covered.
My SO scheduled for 1st left BoS 2nd as expected but is not yet showing in MONBS

I don’t always check each month but is this normal? Anyone had SO leave on 2nd and already credited? 

trickydicky14

badger09 said:

Monmouthshire BS Exclusive RS2

Apologues if already covered.
My SO scheduled for 1st left BoS 2nd as expected but is not yet showing in MONBS

I don’t always check each month but is this normal? Anyone had SO leave on 2nd and already credited? 

My Payment goes out today 3rd, normally it shows quickly but not showing yet @ 1:30pm

Hattie627

badger09 said:

Monmouthshire BS Exclusive RS2

Apologues if already covered.
My SO scheduled for 1st left BoS 2nd as expected but is not yet showing in MONBS

I don’t always check each month but is this normal? Anyone had SO leave on 2nd and already credited? 

Exactly same situation for me. Payment left my current account on 2nd, still not showing in MonBS online.

This is par for the course. Of my 30+ RS's, MonBS is always the last to catch up with incoming payments. Try tomorrow.