Co-operative Bank launches 7% regular saver - Which?

Apr 23, 2024 · The Co-operative Bank has launched a new regular savings account offering 7% AER, just days after Coventry Building Society agreed outline terms to buy the provider. Only two other providers – First Direct and Skipton Building Society – offer interest this high, but there …

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Co-operative Bank Launches 7% Regular Saver - Which?

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which.co.uk

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Co-op Launches New Savings Account With 7% Interest Rate

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Apr 19, 2024 · Building Society launches competitive fixed regular saver with 6.2% interest Aldermore launches regular saver account at 5.25% Nationwide Building Society offers 8% …

express.co.uk

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TSB And Co-op Banks Offering Up To £185 To Switch Plus 7

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Jan 19, 2024 · Co-Operative bank offers a free £150 for switching . ... Co-op Bank launches regular savings account paying competitive 7% interest rate. Best ISA, easy access, and fixed …

express.co.uk

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Six Bank Account Switching Deals On The Table: How To Bag Up To …

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Jun 14, 2024 · The Regular Saver pays 7% gross/AER (variable), and allows instant access to your cash. The maximum you can save each month is £250 and you can pay in as often as …

yourmoney.com

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Regular Savings Accounts: The Best Currently Available List!

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Mar 14, 2024 · 'Thanks for choosing to save with us and for making your initial deposit into your new Co-operative Bank Regular Saver paying a rate of 7.00% gross / AER." No reference to …

moneysavingexpert.com

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What Is A Regular Savings Account? - The Co-operative Bank

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Your eligible deposits held by a UK establishment of The Co-operative Bank plc are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit …

co-operativebank.co.uk

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The Co-Operative Bank Launches New £150 Cash Boost

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Jun 11, 2024 · To receive the five monthly £15 instalments, customers must open the Co-Operative Bank’s Regular Saver account by midnight on the last day of the full calendar month …

express.co.uk

FAQs about Co-operative Bank launches 7% regular saver - Which? Coupon?

What is a co-operative Bank Regular Saver account?

The Co-operative Bank has launched a new savings account paying a competitive seven per cent interest rate. The new Regular Saver account is open to any customers with a qualifying Co-operative Bank current account. ...

Does the Co-operative Bank have a Smart Saver?

At The Co-operative Bank your account will convert into a Smart Saver, which is an instant access standard variable rate account. Do I have to save each month? Yes, you will be required to meet the minimum deposit amount for your regular savings account each month – this is set by the bank you hold your account with. ...

Is the Co-operative bank offering a 7 percent interest rate?

The Co-operative Bank has launched a regular savings account paying a competitive seven percent interest rate. While interest rates have been fluctuating in recent weeks following the Bank of England’s decision to hold its Base Rate at 5.25 percent, regular savers are some of the only accounts offering returns exceeding this at present. ...

What does the co-op's Regular Saver offer?

The Co-operative Bank's Regular Saver offers a rate of 7% AER rate. During the 12-month term, you can access your money any time you want, whether that’s online, through the mobile app, by telephone or in a branch. ...

How much money can you save with a co-operative bank account?

Savers can launch The Co-operative Bank’s Regular Saver (Issue One) with just £1 and interest is paid after 12 months when the account matures. Britons can save up to £250 per month, meaning a maximum of £3,000 can be invested throughout the term. Based on the current interest rate, a £3,000 deposit is estimated to earn £114.21 over 12 months. ...

Who can open a Regular Saver account?

The new Regular Saver account is open to any customers with a qualifying Co-operative Bank current account. This new option offers the same market-leading return as first direct’s Regular Saver Account, Gatehouse Bank’s Regular Saver, and Skipton Building Society’s Member Regular Saver Issue 3. ...