The Top Easy Access Savings Discussion Area

ForumUser7

happybagger said:

cricidmuslibale said:

jak22 said:

YBS still havent announced changes after the Feb 2nd BoE

Worse still, Nationwide have yet to announce any interest rate increases in response to either that Feb B of E 0.5% base rate increase of 0.5% or even the previous mid Dec B of E base rate rise of 0.5%!

Nor Earl Shilton

I’d hoped they’d put on the postcode/existing requirements because they were going to announce decent rises - no such luck 

MoneySaver16

Has anyone found a high paying easy access saver that can accept payments from multiple different accounts rather than a single nominated one?

I’ve got an account with Santander that I use just now but it’s around 2.7% so looks like I could make more of it.

ToastLady

MoneySaver16 said:

Has anyone found a high paying easy access saver that can accept payments from multiple different accounts rather than a single nominated one?

I’ve got an account with Santander that I use just now but it’s around 2.7% so looks like I could make more of it.

Zopa and Tandem both allow you to have multiple linked accounts.

patpalloon

S_uk said:

I'm loving the constant Zopa/Tandem battle to overtake each other. Hopefully the trend continues and Tandem increases to 3.30% next week..

There was a time when it was Atom/Tandem competing with each other for the best rates. But Atom have fallen by the wayside for some time.

Pompeydave1967

patpalloon said:

S_uk said:

I'm loving the constant Zopa/Tandem battle to overtake each other. Hopefully the trend continues and Tandem increases to 3.30% next week..

There was a time when it was Atom/Tandem competing with each other for the best rates. But Atom have fallen by the wayside for some time.

Agree they seem to concentrating on fixed deals at the moment.

aaj123

MoneySaver16 said:

Has anyone found a high paying easy access saver that can accept payments from multiple different accounts rather than a single nominated one?

I’ve got an account with Santander that I use just now but it’s around 2.7% so looks like I could make more of it.

Chase Bank 3%.

TisMeBill

I was just about to close my Chip account as it's the 4th working day and interest has been paid, when I realised they have only actually paid interest from last month. So had I closed my account today I would have lost 5 days interest from this month, so I have left the account open with £1 in it and I will close it nest month on the 4th working day. This way I will only lose pence in interest, but there seems no way to actually close the account without losing at least something.

Band7

TisMeBill said:

I was just about to close my Chip account as it's the 4th working day and interest has been paid, when I realised they have only actually paid interest from last month. So had I closed my account today I would have lost 5 days interest from this month, so I have left the account open with £1 in it and I will close it nest month on the 4th working day. This way I will only lose pence in interest, but there seems no way to actually close the account without losing at least something.

That's right, you need to wait another month until you can get the interest for the current month out. 

Too late now, you could also have withdrawn your balance on the 1st of the current month, and then you'd only have had interest up to the end of the previous month - all of which you'd have been able to withdraw today.

But why do you want to close the CHIP account? It doesn't cost you anything to have it sitting there with a zero balance.

You are lucky, btw, if your interest has been paid today. I am still waiting for mine.

AmityNeon

TisMeBill said:

I was just about to close my Chip account as it's the 4th working day and interest has been paid, when I realised they have only actually paid interest from last month. So had I closed my account today I would have lost 5 days interest from this month, so I have left the account open with £1 in it and I will close it nest month on the 4th working day. This way I will only lose pence in interest, but there seems no way to actually close the account without losing at least something.

As per the account's terms:

If you make a withdrawal and the balance falls to £0, and remains at £0 for 6 months, Chip reserves the right to close your Chip Instant Access account.

There is no reason to leave £1 in the account.

SeriousHoax

Chip 3.40% 😜

https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/?utm_source=mseandroid&utm_medium=mobile_app&source=MOB_MSEANDROID&utm_campaign=mse_home