The Top Easy Access Savings Discussion Area

Band7

tg99 said:

Thks for Tandem news. I’ve had mine for a few months but not used as yet other than initial £1 in. Does it work similar to Chip with transfers in and out almost instantaneous or is it a bit longer / some payments get reviewed like with Kroo depending on size? And can payments in go via normal bank transfer rather than open banking? Thks 

Can definitely do normal Faster Payments into Tandem.

I haven't ever used Tandem for larger sums myself, so can't comment on deposits and withdrawal times. I doubt, however, it's better than Chip because Chip are lightning fast.

I have never heard anyone mention reviews of incoming payments until Kroo appeared on the scene. I would say it's unlikely that Tandem do them, especially as they only allow deposits from your own, verified, accounts. So incoming reviews would be senseless (though that doesn't stop Kroo from doing them).

Band7

Question for CHIP instant savings account holders

January bonus was meant to be credited today - did you see yours? No sign of mine.

AmityNeon

Band7 said:

Question for CHIP instant savings account holders

January bonus was meant to be credited today - did you see yours? No sign of mine.

6.4 Any eligible Bonus calculations will be applied to your balance on the first Tuesday of the month.

7th Feb.

Band7

AmityNeon said:

Band7 said:

Question for CHIP instant savings account holders

January bonus was meant to be credited today - did you see yours? No sign of mine.

6.4 Any eligible Bonus calculations will be applied to your balance on the first Tuesday of the month.

7th Feb.

Ah yes, of course, I confused them with the Barclays Blue Rewards..........

Patrington

patpalloon said:

AmityNeon said:

patpalloon said:

I'm so glad I didn't bother to open a Kroo account - now overtaken/matched by both Tandem and Chase which I already have accounts with 

They were overtaken by Tandem, but not matched by Chase.

Perhaps the next few weeks may be a better time to apply for the Kroo account when demand has decreased. If they ever do increase their rates (they probably will), you'll already have an account.

True, but Kroo is only 0.03 higher than Chase's new rate (from 13/2) which works out at an extra £2.12 per month if you had the full £85,000 invested in it.

Absolutely.

Let's be honest Chase seems far more robust.

Great news 

tg99

Band7 said:

tg99 said:

Thks for Tandem news. I’ve had mine for a few months but not used as yet other than initial £1 in. Does it work similar to Chip with transfers in and out almost instantaneous or is it a bit longer / some payments get reviewed like with Kroo depending on size? And can payments in go via normal bank transfer rather than open banking? Thks 

Can definitely do normal Faster Payments into Tandem.

I haven't ever used Tandem for larger sums myself, so can't comment on deposits and withdrawal times. I doubt, however, it's better than Chip because Chip are lightning fast.

I have never heard anyone mention reviews of incoming payments until Kroo appeared on the scene. I would say it's unlikely that Tandem do them, especially as they only allow deposits from your own, verified, accounts. So incoming reviews would be senseless (though that doesn't stop Kroo from doing them).

Thks, I have Chip open too but again just done initial deposit and was about to start feeding some money into them but might change plan and use Tandem now given the (albeit v marginal) higher rate. Think Chip has £15k per transaction limit too so be interested to see if Tandem has something similar.

Band7

tg99 said:

Band7 said:

tg99 said:

Thks for Tandem news. I’ve had mine for a few months but not used as yet other than initial £1 in. Does it work similar to Chip with transfers in and out almost instantaneous or is it a bit longer / some payments get reviewed like with Kroo depending on size? And can payments in go via normal bank transfer rather than open banking? Thks 

Can definitely do normal Faster Payments into Tandem.

I haven't ever used Tandem for larger sums myself, so can't comment on deposits and withdrawal times. I doubt, however, it's better than Chip because Chip are lightning fast.

I have never heard anyone mention reviews of incoming payments until Kroo appeared on the scene. I would say it's unlikely that Tandem do them, especially as they only allow deposits from your own, verified, accounts. So incoming reviews would be senseless (though that doesn't stop Kroo from doing them).

Thks, I have Chip open too but again just done initial deposit and was about to start feeding some money into them but might change plan and use Tandem now given the (albeit v marginal) higher rate. Think Chip has £15k per transaction limit too so be interested to see if Tandem has something similar.

Chip has various different deposit limits, depending on the source bank. For example, Santander is £15k, and you can do several on the same day (Santander allowing.....).  I haven't yet encountered a withdrawal limit - even high 5-figure amounts arrive near instantly in your linked account. You are, however, pretty much limited to 1 linked account, and you can't send money by normal Faster Payment. 

I would expect Tandem has similar deposit limits for the pull-in method, as they are also using Truelayer for it. You would be able to send higher amounts by using normal Faster Payment.

I-LOV-MONEY

Hi folks.   I have been away, come back to a million e-mails (999,999 from this forum thread alone!!!).   Anyway, too many to read.  I just want to know is anything happening to my Santander e-saver 2.75% ?   What is the link to the no-chat, Top 10 (money pickers!) nvestments, please.  Thanks.

soulsaver

I-LOV-MONEY said:

Hi folks.   I have been away, come back to a million e-mails (999,999 from this forum thread alone!!!).   Anyway, too many to read.  I just want to know is anything happening to my Santander e-saver 2.75% ?   What is the link to the no-chat, Top 10 (money pickers!) nvestments, please.  Thanks.

Hi, welcome back - in my signature... for Easy Access ToTP

Middle_of_the_Road

No increase to the 2.75 eSaver

Changes to Your Savings Accounts | Support | Santander UK