The Top Easy Access Savings Discussion Area

esksbanker

SJMALBA said:

esksbanker said:

SJMALBA said:

If you don't have a lump sum, and are therefore funding both in the same way e.g. adding £1k/month, then they are effectively the same thing, except one pays 5% and the other 'just' 3%.

CBS FHS, with £1k deposited on the 1st of each month, after 12 months, gives £323 in interest, according to MSE's Regular Savings Calculator

Nonsense     it actually gives £194.

This is what I got:

You're correct I used the wrong rate. Apologies
Anyway, ballpark figure as I mentioned in my earlier post.

RG2015

If anyone is interested the top easy access savings accounts are listed on page one of the following thread.

Please remember that this is just for information and not a place for general discussion.


https://forums.moneysavingexpert.com/discussion/6392978/top-easy-access-acs-ranked-top-of-the-pots-no-chat/p1

Bridlington1

Al Rayan's looking as though they're in danger now. If Skipton's tracker account is still available a fortnight after the next BOE base rate they will jump to at least 2.85% if not 3.1%, thus ending Al Rayan's stint of many months of being in the top 10 EA accounts.

Bridlington1

Whatever happened to Tesco bank? They're stuck on a mere 2.51%, even Halifax has managed to beat that.

southone

Bridlington1 said:

Whatever happened to Tesco bank? They're stuck on a mere 2.51%, even Halifax has managed to beat that.

Still better than Marcus

Bridlington1

southone said:

Bridlington1 said:

Whatever happened to Tesco bank? They're stuck on a mere 2.51%, even Halifax has managed to beat that.

Still better than Marcus

Which is being given a good run for their money by Lloyds of all people. What a strange world we live in.

esksbanker

Bridlington1 said:

southone said:

Bridlington1 said:

Whatever happened to Tesco bank? They're stuck on a mere 2.51%, even Halifax has managed to beat that.

Still better than Marcus

Which is being given a good run for their money by Lloyds of all people. What a strange world we live in.

Really, One competitor competing against another for business, Perish the thought! It certainly makes it a strange world! (for some)

SeriousHoax

southone said:

Bridlington1 said:

Whatever happened to Tesco bank? They're stuck on a mere 2.51%, even Halifax has managed to beat that.

Still better than Marcus

I've Just got £1 in Marcus now it was good while it lasted.😀

RG2015

Am I correct in saying that the Zopa easy access account has the highest unrestricted interest rate at 2.86% AER / 2.82% gross?

I am excluding Aldermore, Shawbrook, Monmouth, Sainsbury's, Cynergy, Yorkshire BS and Chip as each has some sort of restriction along with the Virgin Money 3.00% ISA.

k_man

RG2015 said:

Am I correct in saying that the Zopa easy access account has the highest unrestricted interest rate at 2.86% AER / 2.82% gross?

I am excluding Aldermore, Shawbrook, Monmouth, Sainsbury's, Cynergy, Yorkshire BS and Chip as each has some sort of restriction along with the Virgin Money 3.00% ISA.

What is the restriction on Cynergy?