📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

The Top Regular Savers Discussion Thread

1368369371373374599

Comments

  • janusd
    janusd Posts: 1,053 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 19 July at 10:45AM
    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
    mhoc Posts: 19,303 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    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.


    “Create all the happiness you are able to create; remove all the misery you are able to remove. Every day will allow you, --will invite you to add something to the pleasure of others, --or to diminish something of their pains.”
  • Bridlington1
    Bridlington1 Posts: 3,934 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    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
    flaneurs_lobster Posts: 6,819 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    edited 19 July at 3:48PM
    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
    RosieRooBear Posts: 174 Forumite
    100 Posts Second Anniversary Name Dropper
    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
    mhoc Posts: 19,303 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    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. 
    “Create all the happiness you are able to create; remove all the misery you are able to remove. Every day will allow you, --will invite you to add something to the pleasure of others, --or to diminish something of their pains.”
  • jameseonline
    jameseonline Posts: 1,171 Forumite
    1,000 Posts First Anniversary Name Dropper
    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.
  • trickydicky14
    trickydicky14 Posts: 1,302 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    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
    All they need to do now is release a good RS
    I choose the rooms that I live in with care,
    The windows are small and the walls almost bare,
    There's only one bed and there's only one prayer;
    I listen all night for your step on the stair.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.6K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.9K Spending & Discounts
  • 244.5K Work, Benefits & Business
  • 599.8K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.