The Top Easy Access Savings Discussion Area

d63

patgarrett said:

Have any other existing Cynergy Online Easy Access Account holders been asked to verify their identity after applying for the latest 3.25% offering? I have always been able to open the higher rate account immediately but have just been asked to provide supporting documentation. 

Yes, happened to me too, despite being with them for many years and going through the digipass business and 8 different easy access account issues, suddenly they wanted photo-Id to open the latest issue, which I do not possess. Very strange. The only good part was I was able to withdraw  the entire balance in one go and received the funds the same day in my nominated account. 

VNX

duncan5555 said:

Secure Trust Access Account issue 6 now at 3.26%. Not yet shown on their website but my account now shows the increase.

How do you find them to save with, good website quickly money transfers?

soulsaver

d63 said:

patgarrett said:

Have any other existing Cynergy Online Easy Access Account holders been asked to verify their identity after applying for the latest 3.25% offering? I have always been able to open the higher rate account immediately but have just been asked to provide supporting documentation. 

Yes, happened to me too, despite being with them for many years and going through the digipass business and 8 different easy access account issues, suddenly they wanted photo-Id to open the latest issue, which I do not possess. Very strange. The only good part was I was able to withdraw  the entire balance in one go and received the funds the same day in my nominated account. 

It appears randomised with Cynergy. I've had the ID request in the past, bailed from the application;  tried again next day and sailed through.

duncan5555

VNX said:

duncan5555 said:

Secure Trust Access Account issue 6 now at 3.26%. Not yet shown on their website but my account now shows the increase.

How do you find them to save with, good website quickly money transfers?

Excellent service, quick to answer any call, withdraws paid same day (if requested before 2.30). They do confirm all deposits by post (a bit old fashioned!)

TwiceNightly

Anyone heard what Nationwide's new rates might be on 1st April yet?

patpalloon

My existing Chase cashback runs out next month - it was very straightforward to keep it ongoing. I just transferred £500 from an external account and instantly received a notifications that my cashback was extended for another month. So I then just withdrew the money again.

patpalloon

I have a bit of an aversion to Chip. I haven't tried it yet, I don't know what it is, maybe the fact that Chip themselves aren't FCSC protected - I know the bank where your money is held is though.

ForumUser7

TwiceNightly said:

Anyone heard what Nationwide's new rates might be on 1st April yet?

They claim to not know yet, and say it should all be advertised on the website by the end of Saturday

Rollinghome

allegro120 said:

ChewyyBacca said:

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

3.3% EPR = 3.35% AER.  Getting very close to Chip's 3.4%.  I wish Al Rayan did weekend transactions.

Moneyfacts always shows the Al Rayan Expected Rate and AER as being the same.  Is that higher AER figure obtained from calculation of received interest, or does it appear on the AR website somewhere?

allegro120

Rollinghome said:

allegro120 said:

ChewyyBacca said:

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

3.3% EPR = 3.35% AER.  Getting very close to Chip's 3.4%.  I wish Al Rayan did weekend transactions.

Moneyfacts always shows the Al Rayan Expected Rate and AER as being the same.  Is that higher AER figure obtained from calculation of received interest, or does it appear on the AR website somewhere?

It doesn't appear on AR website, just calculation. As far as I know quoted expected profit rate (EPR) is equivalent to gross annual return, not AER, but I might be wrong.