The Top Easy Access Savings Discussion Area

Bobblehat

flobbalobbalob said:

Charter easy access accounts issue 29 and earlier up to 3.5% AER from 18th April. Later accounts up but lag behind.

https://www.chartersavingsbank.co.uk/Help/InterestRateSummary

3.5%? ..... which EA Issue is that?

grumbler

Bobblehat said:

flobbalobbalob said:

Charter easy access accounts issue 29 and earlier up to 3.5% AER from 18th April. Later accounts up but lag behind.

https://www.chartersavingsbank.co.uk/Help/InterestRateSummary

3.5%? ..... which EA Issue is that?

Issues 1 - 29 as per @flobbalobbalob post?

ForumUser7

ForumUser7 said:

Regarding YBS:

- 2093 issue - I have contacted them and sent in a screenshot, and they will get the IT team to look into it
- Regarding interest - they said they calculate and pro-rata it. If I made a deposit between now and 31st March, additional interest is calculated and paid on the next interest date next year. If I made a withdrawal between now and 31st March, interest penalty is calculated and deducted on the next interest date next year. They believe if this would result in negative interest (I.e. none new earned - penalty), nothing happens

For those of you who were curious, Yorkshire Building Society has confirmed that the 2093 bug was due to the clocks going forward. I'm not sure how that didn't cross my mind at the time, but regardless, it's been fixed now. Wonder if it'll happen next time!

ChewyyBacca

SickGroove said:

ChewyyBacca said:

SickGroove said:

ChewyyBacca said:

I transferred funds from Starling to Chip (through Clearbank) yesterday before 5 pm. The funds have not landed in Chip yet.
Chip's chat is useless, 4 hours on it & still no response. I emailed Chip 4 hours back
Spoke to Starling, and they have confirmed they have released the funds.
Any suggestions, on how do I track down my money?

Did you do it through the Chip app using your linked Starling account or directly through Starling account to Chip using faster payments?

If done the latter way, that's the problem...

Starling to Chip using Faster Payments

It shouldnt be a problem ideally
It shouldnt make any difference if its a Pull transaction - Through Chip from Starling
or a Push transaction - From Starling to Chip

Or does it make a difference? 
People with Open Banking knowledge, please chime in

Yeah, it makes a difference, as I did the same thing last week...chip app was down so assumed going through Starling to Chip using faster payments would be OK...it wasn't.

You should ALWAYS only add any deposit through the Chip app as it's instant that way....

It was Easter holiday when I sent mine so it was a world of pain & I thought I'd somehow lost 5K!

They eventually credited it to my Chip account on Tuesday this week. 

I now know never to send via linked bank to Chip ALWAYS use the Chip app. I've done a few small transfers through the Chip app since just to make sure it's instant & it is....

You'll either get your money returned or applied to your chip balance but being the weekend probably won't be till during Monday now.

Money never reached Chip
Starling Bank got credited with funds as ''Chip BTL Return''

Its astounding! I had 3 prior credits in Chip using the same way, Faster payments to chip

Bridlington1

ForumUser7 said:

ForumUser7 said:

Regarding YBS:

- 2093 issue - I have contacted them and sent in a screenshot, and they will get the IT team to look into it
- Regarding interest - they said they calculate and pro-rata it. If I made a deposit between now and 31st March, additional interest is calculated and paid on the next interest date next year. If I made a withdrawal between now and 31st March, interest penalty is calculated and deducted on the next interest date next year. They believe if this would result in negative interest (I.e. none new earned - penalty), nothing happens

For those of you who were curious, Yorkshire Building Society has confirmed that the 2093 bug was due to the clocks going forward. I'm not sure how that didn't cross my mind at the time, but regardless, it's been fixed now. Wonder if it'll happen next time!

I rather enjoyed doing a spot of time travelling.

Oh well if there's going to be a similar bug when the clocks go back then get set to travel back to 1953 in October. 

ChewyyBacca

@soulsaver
Cynergy Bank Online Easy Access Account (Issue 59) 3.36%

ChewyyBacca

flobbalobbalob said:

Charter easy access accounts issue 29 and earlier up to 3.5% AER from 18th April. Later accounts up but lag behind.

https://www.chartersavingsbank.co.uk/Help/InterestRateSummary

IMP to note that 
Charter easy access Issue 36 product has a tiered interest rate
balance of £1-4999 = 0.1%
balance of £5000 onwards = 3.35%

I wonder who does not want to earn interest on the first 5K

Band7

ChewyyBacca said:

flobbalobbalob said:

Charter easy access accounts issue 29 and earlier up to 3.5% AER from 18th April. Later accounts up but lag behind.

https://www.chartersavingsbank.co.uk/Help/InterestRateSummary

IMP to note that 
Charter easy access Issue 36 product has a tiered interest rate
balance of £1-4999 = 0.1%
balance of £5000 onwards = 3.35%

I wonder who does not want to earn interest on the first 5K

provided your balance is at least £5k, you earn 3.35% on your entire balance

ForumUser7

Does anyone have a factsheet of the Yorkshire Building Society Loyalty Six Access e-Saver that was available to open in September 2022 please? Currently paying 3.75%. If so, please could someone upload screenshots of their factsheet here, as it's been misplaced. Thank you

Bridlington1

ForumUser7 said:

Does anyone have a factsheet of the Yorkshire Building Society Loyalty Six Access e-Saver that was available to open in September 2022 please? Currently paying 3.75%. If so, please could someone upload screenshots of their factsheet here, as it's been misplaced. Thank you

It's still on their website albeit with a previous interest rate. See:

 https://www.ybs.co.uk/documents/productdata/Factsheet-YB951617W.pdf