The Top Easy Access Savings Discussion Area

GalacticaActual

Chip monthly interest is now showing in my Instant Access account with today's date (6th April), i.e. in the new tax year.

I will be able to check which tax year Chip have allocated today's interest when they've prepared my annual statement:

Chip Instant Access accounts > Settings (top right-hand corner in iOS app) > Statements > Annual

mebu60

jaypers said:

Looks like Charter have launched Issue 35 EA paying 3.3%. As per the announcement on their home page, hopefully my Issue 28 will increase from 3.25% to 3.5%

On 18 April. Hopefully! 

Zaul22

That Shawbrook increase just a bit too small to force Zopa to go higher 

ranciduk

Are EA accounts likely to reach 4%??

i can’t believe how high they have got to now

jimexbox

Zaul22 said:

That Shawbrook increase just a bit too small to force Zopa to go higher 

Just open a Tandem account @ 3.50%

alternate

ranciduk said:

Are EA accounts likely to reach 4%??

i can’t believe how high they have got to now

Unlikely.  They are already a bit inflated by the app only banks having a price war.

jimexbox

Can anyone confirm when Tandem credit interest? Thanks 

Band7

jimexbox said:

Can anyone confirm when Tandem credit interest? Thanks 

seems to be on your account's monthiversary

S_uk

jimexbox said:

Can anyone confirm when Tandem credit interest? Thanks 

The monthly anniversary of the date you made your first payment into the account, and not the anniversary of when the account was opened. Those two are the same date for a lot of people, but mine are not.

EssexHebridean

Eco_Miser said:

EssexHebridean said:

RedImp_2 said:

I’ve had the mail from Marcus about the rate increase others have mentioned +0.2%

Not good enough for me to move money back but good news for those who have stuck with them I guess (& don’t read this forum 😏)

Or indeed those who have stuck with them, and do... 

BTW - someone said earlier about needing to update their bonus every time the rate increases - not sure what that refers to as I certainly don't need to - the bonus applies from a year from when it was last updated. 

You don't NEED to renew the bonus, but you should. As you say the bonus applies from a year from when it was last updated, and when the bonus drops or stops (which has happened in the past) you'd be very annoyed if you last renewed it 11 months ago.

Absolutely agree - but the poster I was referring to seemed to be under the impression they had to renew it, rather than just choosing to. 

I was one if those who had renewed mine literally the day before they withdrew the option, a few months ago, 😁