How much can you withdraw out of Coventry 4 Access into linked account

Rheumatoid

I would like to be able to empty the account at some point but is there a limit on each withdrawal? If so it might be problematic to get it all out within the number of withdrawals allowed. I don't really want to close it.
Thanks

mon3ysav3r

If I have a limited access account, I always also open an easy access account with the same institution for this reason.

You could open a easy access saver with one pound https://www.coventrybuildingsociety.co.uk/member/product/savings/easy_access/easy-access-saver-8.html

Then transfer big amount from 4 Access to Easy Saver, then link your account to the Easy Saver and extract in smaller amounts if need be.

I keep to only moving 20K per transaction as I have never had any issues with any bank/BS when moving that amount.

4justice2

£50,000 max per transaction via normal online service.

fryedslyce

Rheumatoid said:

I would like to be able to empty the account at some point but is there a limit on each withdrawal? If so it might be problematic to get it all out within the number of withdrawals allowed. I don't really want to close it.
Thanks

I've transferred more than £200k in one go, into my nominated account via the telephone.

Ch1ll1Phlakes

Rheumatoid said:

I would like to be able to empty the account at some point but is there a limit on each withdrawal? If so it might be problematic to get it all out within the number of withdrawals allowed. I don't really want to close it.
Thanks

Just to give you a little piece of mind even with the high withdrawal limits above. I had Issue 1 of the 4 Access Saver. I made three withdrawals and wasn't sure if I should close the account as my last withdrawal.

What I ended up doing was transfer the account to a new Issue which then gave me four new withdrawals. I imagine you could do this a few times if needed and was all done through Coventry's secure messaging service so they had no problems with me doing so. I know you don't want to close the account but this may help as a work around if needed.

DRS1

The 4 Access Saver is no longer available.  They do have a new 5 Access account but it has a lower interest rate.

Ch1ll1Phlakes

DRS1 said:

The 4 Access Saver is no longer available.  They do have a new 5 Access account but it has a lower interest rate.

Yes sorry I assume you can transfer the account to any new limited access account

poolboy

Thanks that's brilliant advice, the easy access to transfer into, and a new limited access to get 4 new withdrawals.

Every days a school day.

Principality even have a useful button to facilitate moving money between accounts. Probably due to all their multiple reg savers