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Easy access savings

steve4373
steve4373 Posts: 9 Forumite
in Savings & investments
Hi

I currently have an easy access savings account with Shawbrook at a rate of 1.2%. However I see they now do a 1.4% rate but I haven’t been upgraded.

Can I just ask them to upgrade my interest rate or do I have to apply as a new customer?

Thanks

Comments

  • Rheumatoid
    Rheumatoid Posts: 1,053 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    steve4373 wrote: »
    Hi

    I currently have an easy access savings account with Shawbrook at a rate of 1.2%. However I see they now do a 1.4% rate but I haven’t been upgraded.

    Can I just ask them to upgrade my interest rate or do I have to apply as a new customer?

    Thanks

    Move it to Marcus for 1.5%
    16 Panel (250W JASolar) 4kWp, facing 170 degrees, 40 degree slope, Solis Inverter. Installed 29/9/2015 - £4700 (Norfolk Solar Together Scheme); 9.6kWh US2000C Pylontech batteries + Solis Inverter installed 12/4/2022 Year target (PVGIS-CMSAF) = 3880kWh - Installer estimate 3452 kWh:Average over 6 years = 4400 :j
  • soulsaver
    soulsaver Posts: 6,753 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    You can ask them :)
    Top Easy Access acs Ranked by rate: Top of The Pots - **No Chat** — MoneySavingExpert Forum
  • alanq
    alanq Posts: 4,216 Forumite
    1,000 Posts Combo Breaker
    Shawbrook doesn't usually increase the rate for existing accounts. It's a bit irritating but if you send it a request by secure message it will change your account to the latest issue keeping the same account number.
  • gizz_mo
    gizz_mo Posts: 110 Forumite
    alanq wrote: »
    Shawbrook doesn't usually increase the rate for existing accounts. It's a bit irritating but if you send it a request by secure message it will change your account to the latest issue keeping the same account number.

    Yes i have done this several times - send a secure message or phone them and they move you to the latest and you keep the same acct details
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