The Top Easy Access Savings Discussion Area

pearl123

These banks are still not passing on the interest  rates increases. All we get is a marginal improvement.  

OceanSound

pearl123 said:

These banks are still not passing on the interest  rates increases. All we get is a marginal improvement.  

Shareholders first!

MarkFromCornwall

OceanSound said:

pearl123 said:

These banks are still not passing on the interest  rates increases. All we get is a marginal improvement.  

Shareholders first!

If you truly believe that then you should buy bank shares.  If you're right then you'll get a better return on your money.

patpalloon

BestSeagull said:

refluxer said:

patpalloon said:

ranciduk said:

Shawbrook raise their EA account 

now on website:

Gross

3.26% Annually

3.21% Monthly

Mine is still showing as 3.02%

If you're on issue 33 (the latest issue) then the rate should update automatically but if you're on a previous issue then you might have to switch to issue 33 to get the higher rate if they don't apply the increase to previous issues.

Looking at the website now,  34 is the latest issue for Shawbrook. I'm on 33 too so will ask for the upgrade.

The rate for issue 33 has been updated now so yo don't need to upgrade. I'm still moving my money to Santander though as not a big fan of Shawbrook.

OceanSound

MarkFromCornwall said:

OceanSound said:

pearl123 said:

These banks are still not passing on the interest  rates increases. All we get is a marginal improvement.  

Shareholders first!

If you truly believe that then you should buy bank shares.  If you're right then you'll get a better return on your money.

Are my share profits protected with fscs? Didn't think so!

Anyway, what is your explanation? Banks are passing on profits to customer? Or you don't know?

SeriousHoax

Zopa @ 3.21% is starting to get slightly left behind again.😏

S_uk

SeriousHoax said:

Zopa @ 3.21% is starting to get slightly left behind again.😏

I am hoping they start their mini rate war with Tandem again.

GalacticaActual

Skipton Building Society have published their new savings interest rates, which come into effect from Monday 3rd April 2023:

https://www.skipton.co.uk/-/media/skipton-co-uk/pdf/savings/changes-to-variable-accounts.ashx (3 page PDF)
https://www.skipton.co.uk/base-rate-change

ChewyyBacca

Al Rayan Everyday Saver (Issue 3) Expected profit rate 3.3% AER
Min amount: £5000

intalex

GalacticaActual said:

Skipton Building Society have published their new savings interest rates, which come into effect from Monday 3rd April 2023:

https://www.skipton.co.uk/-/media/skipton-co-uk/pdf/savings/changes-to-variable-accounts.ashx (3 page PDF)
https://www.skipton.co.uk/base-rate-change

eISA v12 conveniently left out...