The Top Easy Access Savings Discussion Area

SanguineOnSaturn

It's also in the faqs

Profile > read our faqs > Personal Current Account > What interest is paid on current account balances.

I think the important thing is not wanting to miss a reduction if they are doing a quick customer grab with short term headline rate.

Band7

SanguineOnSaturn said:

It's also in the faqs

Profile > read our faqs > Personal Current Account > What interest is paid on current account balances.

I think the important thing is not wanting to miss a reduction if they are doing a quick customer grab with short term headline rate.

According to their T&Cs, they will give at least 2 months notice of reductions.

SanguineOnSaturn

That's decent enough. Just a colour scheme change, a name change and I'm all in then 😁

AmityNeon

Bridlington1 said:

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.

It's already gone from this board's TotP. Sainsbury's latest Defined Access ousted it from the top 10.

cloud_dog

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 with Shawbrook? 

I'm not aware of any (2.92%).

Richard1212

cloud_dog said:

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 with Shawbrook? 

I'm not aware of any (2.92%).

If the interest goes below £1000 then the interest becomes 0.05%.

RG2015

cloud_dog said:

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 with Shawbrook? 

I'm not aware of any (2.92%).

The minimum balance of £1,000 and transaction of £500, but like the others I excluded will be absolutely fine for some.

Bridlington1

AmityNeon said:

Bridlington1 said:

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.

It's already gone from this board's TotP. Sainsbury's latest Defined Access ousted it from the top 10.

So it has. Apologies, I must have somehow missed that update.

cloud_dog

RG2015 said:

cloud_dog said:

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 with Shawbrook? 

I'm not aware of any (2.92%).

The minimum balance of £1,000 and transaction of £500, but like the others I excluded will be absolutely fine for some.

Ok.   (some more words to make it longer).

happybagger

A reminder to anyone joining this thread now, who lives in Wales, that listed as one of @soulsaver 's oddballs is Swansea BS with it's 'true' instant access account at 3.25% from Wednesday

From £1, instant access via cash in branch, cheque, online access and online withdrawals, unlimited number of deposits and withdrawals, no need for a mandatory app. The only restriction is: must be resident of Wales or existing customer.