The Top Regular Savers Discussion Thread

Kim_13

chris_the_bee said:

Snapdragon said:

Bobblehat said:

subjecttocontract said:

Yes MHBS regular saver has a 15 month term.
I won't be renewing my reg saver with them at the end of November cos they are not currently offering one.

There are 3 on their website?

The newer ones are branch only whereas last year we were able to open them without being near a branch, hence I also won't be able to renew this one.

Market Harborough

There is:- Fixed Term Regular Saver (30.09.2026) @ 5.8% is not Branch Only.

The 5.8% is also branch opening only, though it is not obvious from the account name as with the 6% version.

The only RS they are currently offering online is the one paying a soon to be even more insulting 2.65%.

chris_the_bee

Kim_13 said:

chris_the_bee said:

Snapdragon said:

Bobblehat said:

subjecttocontract said:

Yes MHBS regular saver has a 15 month term.
I won't be renewing my reg saver with them at the end of November cos they are not currently offering one.

There are 3 on their website?

The newer ones are branch only whereas last year we were able to open them without being near a branch, hence I also won't be able to renew this one.

Market Harborough

There is:- Fixed Term Regular Saver (30.09.2026) @ 5.8% is not Branch Only.

The 5.8% is also branch opening only, though it is not obvious from the account name as with the 6% version.

The only RS they are currently offering online is the one paying a soon to be even more insulting 2.65%.

Ooops. Sorry

Middle_Sister

I have a Coventry Loyalty (3) Regular Saver paying 4.9%. I currently pay in £250 a month but want to reduce this to the minimum payment allowed but I can't find out what that is.  I don't think I should close it.  I want to open a new regular saver with Progressive paying 7%.  Any advice please?

janusd

Middle_Sister said:

I have a Coventry Loyalty (3) Regular Saver paying 4.9%. I currently pay in £250 a month but want to reduce this to the minimum payment allowed but I can't find out what that is.  I don't think I should close it.  I want to open a new regular saver with Progressive paying 7%.  Any advice please?

you can find a link to the archived page at Coventry in the thread below...
The Archived History Of Regular Savers Thread *** NO CHAT*** — MoneySavingExpert Forum
it's £1 per month.

SJMALBA

Middle_Sister said:

I have a Coventry Loyalty (3) Regular Saver paying 4.9%. I currently pay in £250 a month but want to reduce this to the minimum payment allowed but I can't find out what that is.  I don't think I should close it.  I want to open a new regular saver with Progressive paying 7%.  Any advice please?

From the KPI: 

Kim_13

Middle_Sister said:

I have a Coventry Loyalty (3) Regular Saver paying 4.9%. I currently pay in £250 a month but want to reduce this to the minimum payment allowed but I can't find out what that is.  I don't think I should close it.  I want to open a new regular saver with Progressive paying 7%.  Any advice please?

Minimum payment is £0, you just can't close without a penalty unless they further reduce the rate. I had one that I didn't pay into beyond the £100 required for the prize draw entry.

Middle_Sister

Kim_13 said:

Middle_Sister said:

I have a Coventry Loyalty (3) Regular Saver paying 4.9%. I currently pay in £250 a month but want to reduce this to the minimum payment allowed but I can't find out what that is.  I don't think I should close it.  I want to open a new regular saver with Progressive paying 7%.  Any advice please?

Minimum payment is £0, you just can't close without a penalty unless they further reduce the rate. I had one that I didn't pay into beyond the £100 required for the prize draw entry.

I think I'll keep it running but reduce the payment to £1.  Many thanks. 

Middle_Sister

janusd said:

Middle_Sister said:

I have a Coventry Loyalty (3) Regular Saver paying 4.9%. I currently pay in £250 a month but want to reduce this to the minimum payment allowed but I can't find out what that is.  I don't think I should close it.  I want to open a new regular saver with Progressive paying 7%.  Any advice please?

you can find a link to the archived page at Coventry in the thread below...
The Archived History Of Regular Savers Thread *** NO CHAT*** — MoneySavingExpert Forum
it's £1 per month.

I see one paying 5% so I think I'll keep it running but reduce the payment to £1.  Many thanks

Middle_Sister

SJMALBA said:

Middle_Sister said:

I have a Coventry Loyalty (3) Regular Saver paying 4.9%. I currently pay in £250 a month but want to reduce this to the minimum payment allowed but I can't find out what that is.  I don't think I should close it.  I want to open a new regular saver with Progressive paying 7%.  Any advice please?

From the KPI: 

I think I'll keep it running but reduce the payment to £1.  Many thanks

flaneurs_lobster

Kim_13 said:

Middle_Sister said:

I have a Coventry Loyalty (3) Regular Saver paying 4.9%. I currently pay in £250 a month but want to reduce this to the minimum payment allowed but I can't find out what that is.  I don't think I should close it.  I want to open a new regular saver with Progressive paying 7%.  Any advice please?

Minimum payment is £0, you just can't close without a penalty unless they further reduce the rate. I had one that I didn't pay into beyond the £100 required for the prize draw entry.

As @Kim_13 says, mine's had £100 in since day 1, no deposits since. Only there for the (unsuccessful) prize draw.