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The Top Regular Savers Discussion Thread

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  • mebu60
    mebu60 Posts: 1,579 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    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
    Ditto, complete news to me, no recollection of any mention from them of that over the years. 
  • checkly
    checkly Posts: 44 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    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.
    A bit annoying that it is branch or post but I think it’s worth applying for as it is for £500 pm.
    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!

    Learn from the mistakes of others - you won't live long enough to make them all yourself.
  • janusdesign
    janusdesign Posts: 956 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    edited Today 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: 19,286 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: 3,709 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: 6,454 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    edited Today 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: 160 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.
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