The Top Easy Access Savings Discussion Area

Sea_Shell

ranciduk said:

Shawbrook easy access account rises again

 now 3.01% on the website

Get them secure messages sent again !

How long do you have to fund it with £1000?

janusdesign

Sea_Shell said:

ranciduk said:

Shawbrook easy access account rises again

 now 3.01% on the website

Get them secure messages sent again !

How long do you have to fund it with £1000?

if the balance drops below £1k, then the rate falls to 0.05%

Sea_Shell

janusdesign said:

Sea_Shell said:

ranciduk said:

Shawbrook easy access account rises again

 now 3.01% on the website

Get them secure messages sent again !

How long do you have to fund it with £1000?

if the balance drops below £1k, then the rate falls to 0.05%

So you can open with £1, but won't earn the headline rate until your balance exceeds £1000 ?


Just noticed it says...

"Minimum account opening balance of £1,000."

soulsaver

Sea_Shell said:

ranciduk said:

Shawbrook easy access account rises again

 now 3.01% on the website

Get them secure messages sent again !

How long do you have to fund it with £1000?

AFAIK long as you like, but the rate will be 0.05% below £1k. But note, they w/d products quickly, so if you want it, better get a wiggle on.

soulsaver

TiVo_Lad said:

SickGroove said:

Still waiting for Zopa to increase their rates...

From Monday I've 20K I need to put into an easy access account until I can put it into a new 1 year fixed Cash ISA on April 6th 2023 (already maxed out this year's allowance)

I've got Chase, Kroo & Tandem easy access accounts but after trying both Kroo & Tandem I think I'm gonna stick it all in Chase initially as they seem more fluid & any transfers to and from are pretty much instant.

There always the 3.05% from Oak North £20k minimum balance

https://oaknorth.co.uk/personal-savings/easy-access-limited-edition/

ranciduk said:

Shawbrook easy access account rises again

 now 3.01% on the website £1k minimum bal for rate, £500 minimum w/d.

Get them secure messages sent again !

Both added into ToTP, thanks. Took the liberty to add my bold into your quote.

Sea_Shell

soulsaver said:

Sea_Shell said:

ranciduk said:

Shawbrook easy access account rises again

 now 3.01% on the website

Get them secure messages sent again !

How long do you have to fund it with £1000?

AFAIK long as you like, but the rate will be 0.05% below £1k. But note, they w/d products quickly, so if you want it, better get a wiggle on.

I've got to cook lunch in a minute.  Hope it's still there later this afternoon 😉


You snooze, you lose.   Hey-ho. 

soulsaver

Sea_Shell said:

soulsaver said:

Sea_Shell said:

ranciduk said:

Shawbrook easy access account rises again

 now 3.01% on the website

Get them secure messages sent again !

How long do you have to fund it with £1000?

AFAIK long as you like, but the rate will be 0.05% below £1k. But note, they w/d products quickly, so if you want it, better get a wiggle on.

I've got to cook lunch in a minute.  Hope it's still there later this afternoon 😉


You snooze, you lose.   Hey-ho. 

Well if you can cook lunch in a minute, you should be OK... lol

SickGroove

Are Oak North decent?

App & website based?

Easy to sign up or a bit faffy?

Is the interest paid monthly?

Cheers!

2010

If you send less than the minimum account opening balance of £1,000, Shawbrook will return your money.

janusdesign

SickGroove said:

Are Oak North decent?

App & website based?

Easy to sign up or a bit faffy?

Is the interest paid monthly?

Cheers!

i've only ever used them for fixed and notice accounts... got a feeling I opened the fixed account with a £1 online deposit (showed same day) and a cheque for the rest; the notice account was setup pretty much immediately.

they're website based, but have an app - you don't need the app to login to the website, and it's rather limited anyway as I think there are things you can only do on the website that you cannot do on the app.

interest is paid monthly on the first of the month.

withdrawals are next day (or 2 days if over a weekend / bank holiday), so I definitely wouldn't treat it as an instant access account.

note that the site says that it is a limited edition and will likely be pulled in a few days...