emoneyfacts going subscription access only

ashteadgirl

Sad news - looks like emoneyfacts website is only going to be available to Moneyfacts subscribers after March 1st. sub is high circa £146. Most importantly will not have access to the daily news bulletin which is really good - almost as good as this site!

Great shame

Special_Saver2

I agree - that is a great shame.:( The daily news bulletin page is one of the best sources of information around for savings accounts.

SS2

Chadsman

bwwaaaaahhhhhhhhh

http://www.newsnow.co.uk/h/Life+&+Style/Personal+Finance/Savings is another site I look at tho it is more general and has stories related to not just new accounts but doesnt always pick up on the smaller institutions.

alanq

Those who use eMoneyFacts to keep an eye out for the rates on existing accounts going down may wish to consider Savings Champion. They say that if one registers with them and tells them the accounts one has then they will notify when those rates change and/or suggest where better rates are available.
http://www.savingschampion.co.uk/

I cannot vouch for the service myself as I have not registered. The site does however contain other useful information.

buffman

A major disappointment. I have noticed that MoneyFacts Savings Best Buys seems to update as soon as eMoneyFact publishes a rate alteration from a financial institution.

buffman

I have been looking around for something equivalent to emoneyfacts but with no real success. There does not appear to be another comparable site that informs about new products and interest rate changes on a timely basis. Possibly the best way is via this forum. Maybe we need to pool together and create a dedicated thread where we post this type of information?

Special_Saver2

buffman wrote: »

I have been looking around for something equivalent to emoneyfacts but with no real success. There does not appear to be another comparable site that informs about new products and interest rate changes on a timely basis. Possibly the best way is via this forum. Maybe we need to pool together and create a dedicated thread where we post this type of information?

Your wish is my command!

I have a vision of how this could work. I have just created what I hope will be a useful thread. I imagine it like the MSE forum meets wikipedia. Click on this link and read the first post to see what I mean.

SS2

Mandelbrot

Special_Saver2 wrote: »

Your wish is my command!

I have a vision of how this could work. I have just created what I hope will be a useful thread. I imagine it like the MSE forum meets wikipedia. Click on this link and read the first post to see what I mean.

SS2

I appreciate the intention, and threads of this sort have seemed to work well over the years.

However, I always thought that this was what the savings section of the main site was supposed to be about (with leakage into the forum where necessary).
After all, they do have full-time staff to do this sort of thing.

AirlieBird

Mandelbrot wrote: »

I appreciate the intention, and threads of this sort have seemed to work well over the years.

However, I always thought that this was what the savings section of the main site was supposed to be about (with leakage into the forum where necessary).
After all, they do have full-time staff to do this sort of thing.

I agree. I don't see the need for these type of threads anymore.

The top account threads were created in a time when it was Martin's policy to periodically update the articles on the main site instead of every time a new account came out. He simply didn't have the resources to do it. Since then, as you say, he has recruited a good sized team which keep all the articles up to date.

They also get all the press release and notifications of new accounts whereas threads like these may miss accounts and may not always be up to date. I'd also like to know whether you have permission to create a universal account for all users. I suspect it is against forum rules.

If we need a new thread then I suggest it simply follows the emoneyfacts style (but not copy and pasted from there) and would be for information only - that is to say that it be a thread where users post details of new accounts, withdrawn accounts and interest rate changes. It should not be used to discuss accounts but to keep that rule there would need to be a BG/thread manager to move discussion posts to their own thread.

something like this:

Example_post wrote:

New Accounts - available 1 February 2012

Virgin Money
New Fixed Rate ISA

Fixed Rate ISA/e-ISA Issue 1:
3% Gross/AER yearly (2.96% Gross/3% AER Monthly)
Matures 20 Feb 2013
30 days to make deposit
60 days loss of interest of amount withdrawn
Transfers-in permitted
Available branch/telephone/online/postal

Discuss this account here [<<< link to account thread]

psychic_teabag

I dunno, I think a thread like this would be useful. Martin's articles are good, but tend to list only a few "best" accounts, and sometimes miss some (eg Monmouth BS still doesn't seem to have got a mention on either instant-access or regular-savers articles).

One thing I think would be very useful is ensuring that people are aware when the rate drops (or changes) on variable-rate accounts. Not the bonus - everyone needs to take responsibility for noting when their own predictable bonus period runs out - but if a popular account has its bonus dropped. They say they'll advertise rate cuts in papers and branches, but I'm unlikely to see those.

Also, on an entirely selfish note, if Martin's articles are updated just in time for the Wednesday email, I invariably miss out in the stampede (tend to be a little slow off the mark). Updates here might be seen by the forum-regulars first !

Speculator

I just clicked on the emoneyfacts link and it appears that I still have access to the daily bulletins.

https://www.emoneyfacts.co.uk/news/savings-news.aspx