introductory bonuses and Egg

Lokolo wrote: »

MSE rarely update their top paying accounts unless they get paid to advertise a new account.

This is grossly unfair and completely untrue.

We had been aware of these rate rise since earlier in the week - the original information was that it was increasing to 2.8% on 1 June, yet it seems to have gone earlier. MSE Alana spotted this at 1.48pm today, and it was live in the savings article by 2.30 - with an unpaid link.

What you've posted above couldn't be further from the truth, and could discourage newbies from reading the daily updated guide with all the top rates (whether or not we get paid) and lots of warnings, tips and extra info.

Whatever your personal views about MSE - and you obviosuly have many - please refrain from posting massively factually incorrect comments such as this.

It is fully explained here - http://www.moneysavingexpert.com/funding - linked to from every page on the website.

However, Lokolo stated that we rarely update the article "unless they get paid to advertise a new account".

We use * signs to denote any link that earns us money. If you see the best buys in the savings article (http://www.moneysavingexpert.com/savings/savings-accounts-best-interest#easy), you can clearly see that we update new top rates completely regardless of any affilifate arrangement.

i.e. at the moment

Egg
AA
Barnsley BS

are all in the main best buy section and don't earn us any money.

Dan

MSE Dan, as with other OPs I have mentioned the recent problems with ILCs. However I would like to say it is actually a big improvement now on the MSE site and far less confusing. The misleading headlines that were there are gone, the explanation under index linked has has been improved a great deal and is clearer.

But as Sceptic is pointing out there is still a little discrepancy causing huge misundertanding and which can easily be rectified to avoid confusion. What do you think? One possibility in bold below:


Inflation Beating Guarantee

RPI + 1% tax free (previously 6.3%). Government-run savings organisation, NS&I, has 3 and 5 year issues of Index Linked Savings that pay 1% more than inflation, the rate at which prices increase. It uses the higher measure, Retail Prices Index (RPI) inflation, currently at 5.3%, meaning it paid 6.3% overall this month. Although future RPI is unknown, you are guaranteed to receive this future RPI + 1% tax free in 12 months time. The max. deposit allowed is £15,000 per issue.



JamesU

I opened an egg account on the 17th, attempted several times online and in my bank to transfer money into it and FAILED. Today I closed the account as I just couldn't get anything into it easily. Ridiculous.
Anyone else had this problem?
Can you recommend an easy to use easy access savings account that I can transfer money into and out of?
Ta folks.

Sceptic001 wrote: »

I have never had any problems depositing by debit card via the egg website or by BACS. They also accept CHAPS and even cheques, which is far more flexible than many savings accounts (AA, BirmMidshires, ING etc), which require you to transfer in and out via a nominated current account.

Thanks for that. NatWest said they'd charge me £23 for a CHAPS into Egg, and BACS was only for salary!! Egg never mentioned accepting cheques anywhere as that would have been my preferred initial payment, just debit card which NatWest seemed not to want to do. I gave in as it was just too much hassle - perhaps Fate didn't want my money going to a US-backed facility ...
Anyway ...
Are Barnsley BS any good?
Ta.