We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Top Easy Access Savings Discussion Area
Comments
-
Going further and further from the thread topic, but just to say that comparing Wise with Monzo or Starling is apple and pears as Wise isn’t a bank. People get complacent about FSCS support, which could end in tears.0
-
Band7 said:Going further and further from the thread topic, but just to say that comparing Wise with Monzo or Starling is apple and pears as Wise isn’t a bank. People get complacent about FSCS support, which could end in tears.
People don't need to keep large sums of money in Wise. For example, I only transfer sufficient to do conversion from one currency to another. In most cases it's not in excess of 400 pounds. I then send the money (after conversion) or withdraw the money via ATM straight away.
In any case, I wasn't suggesting people deposit their savings in Wise instead of using an easy access savings account. Only comparing the apps between Wise and Monzo, starling. The fact that Wise isn't a bank is frankly irrelevant.
I could've used Nationwide building society as an example as opposed to Wise and the same would hold. i.e. I can login to my two Android devices concurrently, or login to one, log out of it, then log in to the other one, without ever having to do the rigmarole of enter my email address, then access my email inbox, follow a link to confirm login etc.
0 -
Al Ryan increased their rate again to 3.12% gross p.a. from today. That amounts to 3.16% AER. That's an increase of 0.07% gross
@soulsaver6 -
Probably won't make the list but the open banking app Emma have increased their instant access account to 3.04%1
-
oh yeh they made easy access and instant access 2 separate things0
-
They use Clearbank same as chip. Last time I used them anyone could get interest on a savings pot but they have moved it into the subscription features.0
-
I got an email from Chip asking to complete a Source of Wealth form, I presume this information is kept private by the bank? Any advice on this? I presume this is normal anti money laundering rules stuff0
-
boomish said:I got an email from Chip asking to complete a Source of Wealth form, I presume this information is kept private by the bank? Any advice on this? I presume this is normal anti money laundering rules stuff0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.4K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.4K Work, Benefits & Business
- 599.7K Mortgages, Homes & Bills
- 177.1K Life & Family
- 258K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards