The Top Regular Savers Discussion Thread

wiseonesomeofthetime

freehugs_2 said:

gt94sss2 said:

Cobbler_tone said:

The rest in Gatehouse 4.65% AER

Others have responded to the rest of your post, but just on this.. if you are taking about the Gatehouse easy access account, it pays 4.75% AER not 4.65%

Hi, re this Gatehouse 'post RS account' this rate is good for an instant access account, and I've left my money with them. Does anyone know if you can pay further money in to it? - I cant find the terms of this new account. 

You most certainly can as that has been my main easy access savings account since it was created.
They didn't send or post any T&Cs to my knowledge.

allegro120

freehugs_2 said:

gt94sss2 said:

Cobbler_tone said:

The rest in Gatehouse 4.65% AER

Others have responded to the rest of your post, but just on this.. if you are taking about the Gatehouse easy access account, it pays 4.75% AER not 4.65%

Hi, re this Gatehouse 'post RS account' this rate is good for an instant access account, and I've left my money with them. Does anyone know if you can pay further money in to it? - I cant find the terms of this new account. 

Yes you can pay further money into it.  Maximum balance for this account is £1,000,000.

MisterMotivated

I see the Coventry Seasonal Saver has now been removed from their accounts page.  Hopefully they're getting ready to launch a new version with updated eligibility cutoff date...

spreadsheeterapple

MisterMotivated said:

I see the Coventry Seasonal Saver has now been removed from their accounts page.

Yes, NLA darn it, missed it. Tried to open last week as am eligible via Coventry saver on Hargreaves Lansdown Platform nearly 2 years, though my savings in Coventry directly are less than 6 months. However couldn't open the Loyalty Seasonal Saver as my older savings weren't recognised; there are 2 customer profiles. Helpful lady on phone tried to merge but couldn't as profiles not identical; HL Platform don't supply all personal data to Coventry, such as mobile number, middle name. To resolve helpful Coventry lady arranged set-up code posted to me which arrived promptly on Tuesday, however it's a 2-step process to set up telephone banking in order for me to supply my missing personal data; I have now to await their Grid Card by post. Meantime it's gone NLA of course. They don't tell their staff; the lady on Friday said 'oh no, it'll still be available' when I feared the profile-correction process was going to be a bit long.

(Hope this helps any reader wishing to use HL platform savings to meet loyalty criteria; it may take more than a week to sort out merging profiles.)

MisterMotivated said:

Hopefully they're getting ready to launch a new version with updated eligibility cutoff date...

They might. Coventry probably do need to draw in further savings to replenish coffers following their Co-op acquisition, with the mortgage season about to take off in the spring. I'm sure they don't run themselves 'short', but encouraging ongoing savers is prudent for any business in the mortgage market.

jameseonline

Cobbler_tone said:

jameseonline said:

Cobbler_tone said:

Current regular savers I use, what am I missing as a new customer that is worth the while?

Zopa: 7.5% AER £300 PM
Nationwide: 6.5% £200 PM
Santander: 5% £200 PM
Nat West: 6.17% AER £150 PM

The rest in Gatehouse 4.65% AER

You should really be looking at 1st page but consider RBS in addition to your NatWest, Club Lloyds, standard Lloyds, First Direct, CO OP, Santander Edge Saver, TSB, Principality, BOS & Halifax, basically anything over 5% is good & ones you can take money out of without penalties.

Thank you. I think I am done with new accounts for now. 7 including Chase and a CC is enough for me to flick through. The Santander Edge Saver did get my interest (as I already have the RS) but then saw the monthly fee. Ultimately beyond these RS's and my Gatehouse account they can take what I can invest with ISA season starting soon too.

My favourite account and platform is still Chase (a first issue member), who I use for my current account. I just hope they launch some more attractive products soon.

There is only a monthly fee/minimum pay in etc if you setup direct debits on the edge account (you do benefit from cashback from bills I think though) , I don't.

My 7% Edge is ending soon so I'll have to close & get the 6% when it ends.

jameseonline

Just applied for the 6.75% Skipton, not had an email with account details though, the app displays an account number though, does the email take long to arrive?.

Slinky

spreadsheeterapple said:

MisterMotivated said:

I see the Coventry Seasonal Saver has now been removed from their accounts page.

Yes, NLA darn it, missed it. Tried to open last week as am eligible via Coventry saver on Hargreaves Lansdown Platform nearly 2 years, though my savings in Coventry directly are less than 6 months. However couldn't open the Loyalty Seasonal Saver as my older savings weren't recognised; there are 2 customer profiles. Helpful lady on phone tried to merge but couldn't as profiles not identical; HL Platform don't supply all personal data to Coventry, such as mobile number, middle name. To resolve helpful Coventry lady arranged set-up code posted to me which arrived promptly on Tuesday, however it's a 2-step process to set up telephone banking in order for me to supply my missing personal data; I have now to await their Grid Card by post. Meantime it's gone NLA of course. They don't tell their staff; the lady on Friday said 'oh no, it'll still be available' when I feared the profile-correction process was going to be a bit long.

(Hope this helps any reader wishing to use HL platform savings to meet loyalty criteria; it may take more than a week to sort out merging profiles.)

MisterMotivated said:

Hopefully they're getting ready to launch a new version with updated eligibility cutoff date...

They might. Coventry probably do need to draw in further savings to replenish coffers following their Co-op acquisition, with the mortgage season about to take off in the spring. I'm sure they don't run themselves 'short', but encouraging ongoing savers is prudent for any business in the mortgage market.

There was an advert for Coventry in my Facebook feed this morning. Might have been 4.6 or 4.66%. Never seen an advert for them before. Haven't had an account with them for over 15 years.

Slinky

jameseonline said:

Cobbler_tone said:

jameseonline said:

Cobbler_tone said:

Current regular savers I use, what am I missing as a new customer that is worth the while?

Zopa: 7.5% AER £300 PM
Nationwide: 6.5% £200 PM
Santander: 5% £200 PM
Nat West: 6.17% AER £150 PM

The rest in Gatehouse 4.65% AER

You should really be looking at 1st page but consider RBS in addition to your NatWest, Club Lloyds, standard Lloyds, First Direct, CO OP, Santander Edge Saver, TSB, Principality, BOS & Halifax, basically anything over 5% is good & ones you can take money out of without penalties.

Thank you. I think I am done with new accounts for now. 7 including Chase and a CC is enough for me to flick through. The Santander Edge Saver did get my interest (as I already have the RS) but then saw the monthly fee. Ultimately beyond these RS's and my Gatehouse account they can take what I can invest with ISA season starting soon too.

My favourite account and platform is still Chase (a first issue member), who I use for my current account. I just hope they launch some more attractive products soon.

There is only a monthly fee/minimum pay in etc if you setup direct debits on the edge account (you do benefit from cashback from bills I think though) , I don't.

My 7% Edge is ending soon so I'll have to close & get the 6% when it ends.

Same here, we've had Edge accounts for 2 years and never paid fees as there's no DD's or any other activity set up on them. OH and I both have £8K in the Edge savers due to having both a joint and single Edge account. The 7% ones finish tomorrow for OH and I, so will have to cancel and take out the 6%. Fingers crossed the rate doesn't drop in the new few days.

jameseonline

jameseonline said:

Just applied for the 6.75% Skipton, not had an email with account details though, the app displays an account number though, does the email take long to arrive?.

Got an email 9.04am, so same sort code & account number as my easy access just different reference, hopefully I can get started now

Fingerbobs

friolento said:

Fingerbobs said:

 

So is the Reference number now part of the CoP check, with no option to bypass the check and make the payment anyway? 

The Reference number has been part of the CoP check for some time. Though not all the companies requiring a Reference are necessarily participating in CoP yet. Principality however, definitely is, and I have made CoP-matched and unmatched payments from Santander to Principality in the very recent past. I am using the Santander app - it might work differently in Santander online.

Well, I attempted to send the payment from Santander and Nationwide, and both absolutely point blank refused to send the payment because the Reference number didn't match. No option to continue anyway. 
Santander offers an option to continue anyway, and makes you think it's going to do it, but then fails on the next screen saying we couldn't make the payment because the reference number was invalid.