The Top Easy Access Savings Discussion Area

quirkydeptless

ASL1 said:

So if you run the Al Rayan balance down to £0 they won't close the account? Anyone tried it? Ideally want to take all the money out and keep the account open, just in case they increase the interest rate back to a rate leading rate.

I still have the old Al Rayan Everyday Branch Saver with 1.1% interest which has had £0 in it since 02/09/2022 and that was all I had with Al Rayan until the Everyday Saver Account came along.

flobbalobbalob

chris_the_bee said:

Check your online account. My new account was there the following day despite no acknowledgement email.

Thanks but they have not opened my account yet. 

csharppaul

frugalmacdugal said:

Hi,

flobbalobbalob said:

But that's not a postal application

maybe I should've asked the question, 'Why did you not do it all on line and avoid the hassle?'

If I could I would have, I wasn't given the choice though. I presume it's a result of not having any previous dealings with them? 

4justice2

I-LOV-MONEY said:

Hi.  Does anyone know if Santander are going to update their ESaver (now miserable) rate from 2.75% ?

Well it would be nice if it did rise👍, but now that the Coventry Limited Access 6 has closed, the highest other easy access account is 2.86% so Santander isn't that far behind.......

ASL1

Deleted_User said:

ASL1 said:

So if you run the Al Rayan balance down to £0 they won't close the account? Anyone tried it? Ideally want to take all the money out and keep the account open, just in case they increase the interest rate back to a rate leading rate.

Mine is at zero, they haven't closed it nor have I requested them to. Who knows what tomorrow may bring.

Cheers, will wait for the January profit to hit the account at the end of the month and then move all monies. At the moment I have £1 in it.

flaneurs_lobster

Bridlington1 said:

I-LOV-MONEY said:

Bridlington1 said:

Wheres_My_Cashback said:
Let's ask the crystal ball....

...But first you'll need to cross my palm with silver

Here is 5p ... now what did the Crystal Balll say?!

For 5p your future's going to look pretty bleak.

If only you'd used that 5p back in 2008 to buy half a dozen Bitcoin.........

I-LOV-MONEY

Bridlington1 said:

Well what did you expect for 5p?

I only asked about Santander's E-saver account if anybody had any news.if they were going to up their rates.

Nobody else seems to be charged for information

SanguineOnSaturn

I-LOV-MONEY said:

Bridlington1 said:

Well what did you expect for 5p?

I only asked about Santander's E-saver account if anybody had any news.if they were going to up their rates.

Nobody else seems to be charged for information

Is it the regular esaver account you are asking about as the 2 75% is fixed for 12 months in that I think.

The instant access esaver is paying 1.5% variable, or do you have an older issue paying more?

FishInGlass

For those living in Wales or having an existing account with the Swansea Building Society.

I have an existing regular saver and online access and I decided to open an Instant Saver ready for the rate rise to 3.25% on the 1st Feb. According to their website existing customers can email a scanned copy of the application form which I duly did.

A couple of hours later I got a call to tell me I need to provide an initial deposit before it can be opened. A cheque would be fine (which I have now sent) but alternatively sending them a pound coin would have been acceptable.

The only benefit I can see in emailing the form  is that at least my new account is waiting in their system until such time as the cheque arrives.

I-LOV-MONEY

SanguineOnSaturn said:

Is it the regular esaver account you are asking about as the 2 75% is fixed for 12 months in that I think.

The instant access esaver is paying 1.5% variable, or do you have an older issue paying more?

It is the 2.75% esaver.   Seeing other organisations increasing their rates, I was hoping Santander would do the same.