The Top Easy Access Savings Discussion Area

spee101

ranciduk said:

Shawbrook easy access account rises again

 now 3.01% on the website

Get them secure messages sent again !

Thanks for the heads-up yesterday. I am new to Shawbrook and sent my secure message at approximately 1:30pm - do you know how long it takes them to switch the account over? I see that the message says ‘read’. Many thanks! 

SanguineOnSaturn

Does anyone have any ideas for business account savings easy access? Currently stashed in Aldermore at 2.0%. I see Shawrbrook at 2.03%. Why do these accounts lag behind so much I wonder.

spee101

SanguineOnSaturn said:

Does anyone have any ideas for business account savings easy access? Currently stashed in Aldermore at 2.0%. I see Shawrbrook at 2.03%. Why do these accounts lag behind so much I wonder.

I’m wondering if Aldermore will also increase their normal easy access savings account now it isn’t available! 

SanguineOnSaturn

Cumberland BS seem a way ahead with 2.6% easy access business esaver but not my locality unfortunately. Wonder why so few choices with better rates.

southone

spee101 said:

ranciduk said:

Shawbrook easy access account rises again

 now 3.01% on the website

Get them secure messages sent again !

Thanks for the heads-up yesterday. I am new to Shawbrook and sent my secure message at approximately 1:30pm - do you know how long it takes them to switch the account over? I see that the message says ‘read’. Many thanks! 

I did mine about 10am yesterday too and phoned as it wasnt done this afternoon and got it done on phone, they say it can take 5 days for secure message to be actioned

spee101

southone said:

spee101 said:

ranciduk said:

Shawbrook easy access account rises again

 now 3.01% on the website

Get them secure messages sent again !

Thanks for the heads-up yesterday. I am new to Shawbrook and sent my secure message at approximately 1:30pm - do you know how long it takes them to switch the account over? I see that the message says ‘read’. Many thanks! 

I did mine about 10am yesterday too and phoned as it wasnt done this afternoon and got it done on phone, they say it can take 5 days for secure message to be actioned

Thank you for letting me know, I’ll probably give them a call tomorrow then. 

cwep2

A couple of banks worth watching to see if they move soon:
1) Al Rayan haven’t moved this year so far. Getting notification their banking will be down in small hours of Thursday night/Friday morning - rate change incoming at same time???
2) Chip, they claim (see https://www.getchip.uk/savings-accounts/instant-access-account) to react fast to Bank of England rate changes and they haven’t done anything since the 0.5% hike last week. They are moving from the ‘reward’ to ordinary style interest on 11th but maybe after that we are due a rate increase as well. 

A few more places (eg Chase) have announced rate increases that haven’t taken effect yet, so those lagging behind will start seeing money move out. Would be nice if there was a bit more competition. We had plenty of banks in the 2.8-2.9% range weeks before the 0.5% rate hike, was expecting to see a few up at 3.25% or so at least. 

ranciduk

spee101 said:

ranciduk said:

Shawbrook easy access account rises again

 now 3.01% on the website

Get them secure messages sent again !

Thanks for the heads-up yesterday. I am new to Shawbrook and sent my secure message at approximately 1:30pm - do you know how long it takes them to switch the account over? I see that the message says ‘read’. Many thanks! 

I sent my message and within 1 hour they had changed my account over to the new higher issue 

Bridlington1

Secure trust bank now pays 2.95%. Min balance £1k.

soulsaver

Bridlington1 said:

Secure trust bank now pays 2.95%. Min balance £1k.

• Unlimited withdrawals with no notice; minimum operating balance £1,000
• Minimum £1,000 initial deposit
• Minimum £1,000 for each subsequent deposit
• Maximum £85,000 balance