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Egg instant access now 3.25% (2.00% bonus).

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KTF
KTF Posts: 4,848 Forumite
Part of the Furniture 1,000 Posts Combo Breaker
in Savings & investments
[FONT=Arial, Helvetica, sans-serif]Plant your money into an Egg Savings Account and see how it grows.

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  • [FONT=Arial, Helvetica, sans-serif][/FONT][FONT=Arial, Helvetica, sans-serif]
  • Egg Savings Account (Internet) - get 3.25% gross pa/AER variable (includes an introductory 12 month fixed bonus rate of 2.00% gross pa from the date your account is opened) on balances up to £1,000,000. No interest payable on balances over £1,000,000 during the first 12 months.
  • Then move to our standard variable rate; currently 1.25% gross pa/AER (variable).
  • No penalties for withdrawals.
  • Easy access 24 hours a day, every day.
  • It's easy to set up a regular deposit, then sit back and watch your savings grow.[/FONT]
[FONT=Arial, Helvetica, sans-serif] This is a limited offer for new accounts only, and for new money into Egg that is not already held within an existing Egg Savings Account (Internet) or Egg Savings Account (Investor).
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From: http://new.egg.com/visitor/0,,3_11093--View_401,00.html?refer=Egg1

This is for new money only so if you have an existing Egg account, transfer it out to a non-Egg account then put it back in again.
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Comments

  • Megalomaniac
    Megalomaniac Posts: 539 Forumite
    edited 7 August 2009 at 9:24AM
    Oooooh! :D I was starting to look at instant access accounts yesterday as my fixed at 6.3% comes to an end in October, and thought I would just see whats on offer. Think I will go for this as I am very happy with Egg, and 3.25% is the best at the moment. Also, a FIXED bonus, nice! :)

    In fact, it's very similar to the owners account (http://www.citibank.co.uk/personal/banking/saveinvest/saving/fsaver/fsaver.htm?merchant=citi) so glad to see they are keeping it the same across the board.

    Edit: Applied, opened and initial deposit received :) Lovely and fast, I do like egg. Now I hope they open the current account they were conducting research for a few months ago.

    Edit 2: And just registered it for Gross interest. No need for R85 forms with Egg ;) Chuffed! :)
  • mr_fishbulb
    mr_fishbulb Posts: 5,224 Forumite
    Part of the Furniture Combo Breaker
    No interest on amounts over a million :( Boooooo!

    Already have an egg money card - wonder if this will still be a "New Account"
  • KTF
    KTF Posts: 4,848 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I also have an egg money card but its new to egg savings not new to egg so you will be fine. Mine is up and running and showing the correct rate already.
  • jrs101
    jrs101 Posts: 262 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Hi,

    How do I go about getting this rate exactly? Do you have to close the account?

    I already have a savings a/c with them (think it is 2.5%)

    thanks
  • Megalomaniac
    Megalomaniac Posts: 539 Forumite
    KTF wrote: »
    I also have an egg money card but its new to egg savings not new to egg so you will be fine. Mine is up and running and showing the correct rate already.

    I have egg savings, money and card with them. You can open this account at 3.25% if you have any or all of these, they just expect you to fund it with 'new' money like you say in the original post.
  • Megalomaniac
    Megalomaniac Posts: 539 Forumite
    jrs101 wrote: »
    Hi,

    How do I go about getting this rate exactly? Do you have to close the account?

    I already have a savings a/c with them (think it is 2.5%)

    thanks

    Open the account as an existing customer. Transfer your savings out to another account (e.g. a current account you have with another bank). Then transfer it back to egg into your new account... simples :)
  • Stompa
    Stompa Posts: 8,375 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hmmm, I just opened a new (2.80%) account with Egg about 6 weeks ago, though haven't got around to funding it yet. I guess this means I've got to close that and open a new one.....?
    KTF wrote: »
    Mine is up and running and showing the correct rate already.
    Where is it showing the rate? If I log on to my Egg accounts I can't see any mention of the current rate?

    Thanks
    Stompa
  • mr_fishbulb
    mr_fishbulb Posts: 5,224 Forumite
    Part of the Furniture Combo Breaker
    KTF wrote: »
    I also have an egg money card but its new to egg savings not new to egg so you will be fine. Mine is up and running and showing the correct rate already.
    Thanks - I'm applying now.
  • Misstique
    Misstique Posts: 54 Forumite
    Thanks OP, just opened an account. Now trying to get my money out of Alliance & Leicester but seems a problem with their website, anyone else having problems wiht A/L?
    Learn from the mistakes of others - you won't live long enough to make them all yourself.
  • mjmal51
    mjmal51 Posts: 596 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Megalomaniac wrote: »
    Open the account as an existing customer. Transfer your savings out to another account (e.g. a current account you have with another bank). Then transfer it back to egg into your new account... simples :)
    That's what I intend to do, but it is a real pain when banks insist on "new money" and do not reward existing customers without going through this farce.
This discussion has been closed.
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