The Top Easy Access Savings Discussion Area

patpalloon

Wow Tandem is now beating my Investec 90 day notice account at 3.49%

Steve_xx

Kazza242 said:

When granting Tandem access to your account (via Open Banking).  If you have a number of current accounts with a particular bank.  Is there any way to only grant them access to one of your current accounts with that bank?

Yes. When you link through to your chosen bank, a list of your accounts seems to appear. Then you can tick or untick those accounts you want to be available to Tandem to sieze monies from.

patpalloon

RedImp_2 said:

2010 said:

Even after today`s increases by Nwide along with Marcus, they are still the back markers by at least .25%.
NW flex saver hasn`t moved and is still stuck at 2.25%.

Has Marcus increased rates?

They are lagging well behind. They increased rates from 2.8 to just 3% a day before the recent interest rate rise. I still have Marcus but my balance is zero.

Steve_xx

cogrady84 said:

I moved my savings to Zopa from Tandem literally this morning and locked into a boosted pot, then Tandem announced the increase... is there anything I can do or am I completely stuck with the boosted pot for 31 days? No way to close the pot and just lose the interest?

I can't see an option to boost with Tandem? Though I can options to fix for a year or more.

ToastLady

cogrady84 said:

I moved my savings to Zopa from Tandem literally this morning and locked into a boosted pot, then Tandem announced the increase... is there anything I can do or am I completely stuck with the boosted pot for 31 days? No way to close the pot and just lose the interest?

You are stuck for 31 days, as far as I am aware. Hope that you have given notice on the pot. I had just done the same a few days ago with Zopa and gave notice immediately. I've got a few pots at 95 days, but they are to fund regular saver for a few months.
Hope that Zopa ups it's game soon.

Band7

Kazza242 said:

When granting Tandem access to your account (via Open Banking).  If you have a number of current accounts with a particular bank.  Is there any way to only grant them access to one of your current accounts with that bank?

OB access is always per account, not per bank

But as I posted earlier, you don't have to use OB with Tandem if you don't want to

jimexbox

Band7 said:

Kazza242 said:

When granting Tandem access to your account (via Open Banking).  If you have a number of current accounts with a particular bank.  Is there any way to only grant them access to one of your current accounts with that bank?

OB access is always per account, not per bank

But as I posted earlier, you don't have to use OB with Tandem if you don't want to

Is it as simple as unticking a check box? Ta

Kazza242

Steve_xx said:

cogrady84 said:

I moved my savings to Zopa from Tandem literally this morning and locked into a boosted pot, then Tandem announced the increase... is there anything I can do or am I completely stuck with the boosted pot for 31 days? No way to close the pot and just lose the interest?

I can't see an option to boost with Tandem? Though I can options to fix for a year or more.

Under Instant Access Savings, the option to top-up was on the green bar underneath.  I have just applied it to my Tandem account.  

Steve_xx

Kazza242 said:

Steve_xx said:

cogrady84 said:

I moved my savings to Zopa from Tandem literally this morning and locked into a boosted pot, then Tandem announced the increase... is there anything I can do or am I completely stuck with the boosted pot for 31 days? No way to close the pot and just lose the interest?

I can't see an option to boost with Tandem? Though I can options to fix for a year or more.

Under Instant Access Savings, the option to top-up was on the green bar underneath.  I have just applied it to my Tandem account.  

Ah yes, I noticed that. The OP mentioned "boosted pot" as though you could set aside a specific amount in a pot for a period of a week or more, in return for a higher rate. This Tandem account is easy access, ie not subject to any restrictions on withdrawals.

Band7

jimexbox said:

Band7 said:

Kazza242 said:

When granting Tandem access to your account (via Open Banking).  If you have a number of current accounts with a particular bank.  Is there any way to only grant them access to one of your current accounts with that bank?

OB access is always per account, not per bank

But as I posted earlier, you don't have to use OB with Tandem if you don't want to

Is it as simple as unticking a check box? Ta

Even simpler, no ticking or unticking involved. You just deposit by Bank transfer, not by OB. 

You do, however, have to have your current account(s) linked to Tandem before you can make any deposits. This uses, AFAICS, Confirmation of Payee CoP), which we all know and cherish when setting up new payees. CoP also uses Open Banking, but all it shares is your name, sort code and account number,