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The Top Easy Access Savings Discussion Area

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  • Olinda99
    Olinda99 Posts: 2,042 Forumite
    1,000 Posts Third Anniversary Name Dropper
    surprised he has one of those accounts as I believe the maximum you can deposit is only one billion.
  • ranciduk
    ranciduk Posts: 722 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Wakey wakey Shawbrook 
  • TiVo_Lad
    TiVo_Lad Posts: 465 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    With the YBS Internet Saver going up to 3% next week it feels like now is the time to get the Chorley "Easy Access" Saver closed. The passbook finally arrived this morning, a month after the account was opened and funded.
  • We’re pleased to confirm we’re increasing the interest rate on your easy access account to 3.00% AER*Your rate will increase automatically on 20 January 2023 – you don’t need to do anything. All other terms and conditions of your account remain the same.
    Received via e mail from Kent Reliance
  • soulsaver
    soulsaver Posts: 6,607 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    @PragueAddick Thanks for that. So, unfortunately the email doesn't clarify anything. All we can tell is that it's applied to your (PA's) existing EA ac. Which issue(s) do you have?  
  • Issue 51 Easy Access re my previous entry
  • Grouchy
    Grouchy Posts: 439 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    I currently am a Charter Savings customer and am thinking about opening an Easy Access account.  I've looked at the documentation but can't find an answer, but when you open the account online - I know there is a $5000 min deposit, but do you have to transfer the £5000 fund immediately to open the account, or can you set the account up and then fund it?  If so how long do you have?
    Thanks
  • soulsaver said:
    @PragueAddick Thanks for that. So, unfortunately the email doesn't clarify anything. All we can tell is that it's applied to your (PA's) existing EA ac. Which issue(s) do you have?  
    Issue 26 (only)
  • TiVo_Lad
    TiVo_Lad Posts: 465 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Grouchy said:
    I currently am a Charter Savings customer and am thinking about opening an Easy Access account.  I've looked at the documentation but can't find an answer, but when you open the account online - I know there is a $5000 min deposit, but do you have to transfer the £5000 fund immediately to open the account, or can you set the account up and then fund it?  If so how long do you have?
    Thanks

    As long as you like. You earn 0.1% for balances below £5K and 2.35% for balances of £5K and above. TBH there are far better options out there than 2.35%.
  • AmityNeon
    AmityNeon Posts: 1,085 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    TiVo_Lad said:
    Grouchy said:
    I currently am a Charter Savings customer and am thinking about opening an Easy Access account.  I've looked at the documentation but can't find an answer, but when you open the account online - I know there is a $5000 min deposit, but do you have to transfer the £5000 fund immediately to open the account, or can you set the account up and then fund it?  If so how long do you have?
    Thanks
    As long as you like. You earn 0.1% for balances below £5K and 2.35% for balances of £5K and above. TBH there are far better options out there than 2.35%.
    If the current issue (30) increases to 3%, it becomes a better option, although we have no confirmation as of yet if that will be the case.
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