The Top Easy Access Savings Discussion Area

pearl123

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 used them for a notice account in the past. I'd use them again. They're fine, but I found them slow to respond to emails. 

Sea_Shell

2010 said:

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

Well, account duly opened, so that's that done!!     (Chicken Korma was lovely BTW)

No point sending a small amount first then.    I'll just send the full £1000+ tomorrow.    

ranciduk

2010 said:

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

Wrong

when i opened mine I only put about £50 to begin with and so they set the account at 0.05% interest 

then when I put an extra grand in it went up to the full rate

you don’t need to put in £1000 to begin with 

SeriousHoax

Hi I know it's a good thing to spread your money about to be on the safe side. £85k

Anyway is there many here that sticks more than 85k in an account.

ranciduk

Yes but only with one of the big banks

i wouldn’t risk it with a smaller institution 

I think with NS&I you can put in as much as you like though, and it’s all safe 

MiserlyMartin

Been busy since the rate rise, came here to see who has raised. It seems nobody. Let's get this straight - we have a bank rate of 4% and BS and banks are still paying 3% and that is seen as good?

eskbanker

MiserlyMartin said:

Been busy since the rate rise, came here to see who has raised. It seems nobody. Let's get this straight - we have a bank rate of 4% and BS and banks are still paying 3% and that is seen as good?

Who said it was good?

SickGroove

Is there a daily withdrawal limit from Zopa smart saver? 

TiVo_Lad

SeriousHoax said:

Hi I know it's a good thing to spread your money about to be on the safe side. £85k

Anyway is there many here that sticks more than 85k in an account.

Depends on the institution and their capitalisation. Nationwide, Coventry, YBS, or one of the (spit) high street banks, yes without any worries, but I'd keep to the £85K limit for the smaller players.

TiVo_Lad

SickGroove said:

Is there a daily withdrawal limit from Zopa smart saver? 

Yes. The balance of your account.