The Top Easy Access Savings Discussion Area

patpalloon

TiVo_Lad said:

Aldermore have launched Issue 1 of their Double Access Account at 3.55%

A maximum of two easy access withdrawals are allowed per year, additional withdrawals will result in the rate dropping to 0.10% for the remainder of that year. Interest is paid annually or monthly.

https://www.aldermore.co.uk/personal/personal-savings-accounts/double-access-account/

@soulsaver

It's not great though is it. If I'm only allowed 2 withdrawals per year then personally I would rather go for a notice account like Investec 90 day 3.71% or even a 6 month fix like Atom 4.15%.

akh43

wiseonesomeofthetime said:

Gatehouse Easy Access expected profit rate now 3.35%

Notified by email 

Is there more than one version of the Gatehouse Easy Access account as my email only says 3.30%, as does my account when I log in, not the first time my rate has been lower? I opened my account in August 22.

gt94sss2

akh43 said:

wiseonesomeofthetime said:

Gatehouse Easy Access expected profit rate now 3.35%

Notified by email 

Is there more than one version of the Gatehouse Easy Access account as my email only says 3.30%, as does my account when I log in, not the first time my rate has been lower? I opened my account in August 22.

No.

Its

Expected Profit Rate (EPR)

3.35% AER/Gross p.a. - Annual Profit

3.35% AER / 3.30% Gross p.a. - Monthly Profit

wiseonesomeofthetime

akh43 said:

wiseonesomeofthetime said:

Gatehouse Easy Access expected profit rate now 3.35%

Notified by email 

Is there more than one version of the Gatehouse Easy Access account as my email only says 3.30%, as does my account when I log in, not the first time my rate has been lower? I opened my account in August 22.

As described in the post from gt94sss2, I can confirm that my account is annual profit. I assume you receive your profit monthly.

hoc

mebu60 said:

» show previous quotes

Existing Issue 1 showing at 3.55% online.

This is a time when I would have preferred it being a new issue as I have no withdrawals remaining until 31 August! Currently only a modest balance left in there.

Yes they haven't launched anything, this issue has been going since 2020, they have simply raised the rate.

https://www.aldermore.co.uk/personal/personal-savings-accounts/personal-savings-accounts-historic-interest-rates/

Are people getting alerts of rate rises from Aldermore? Do they send emails or texts? Do I need to allow this to be informed rate rises and put up with marketing?

Keeping you informed

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ForumUser7

Harpenden BS Online Instant Access Issue 1 to 3.35% according to Moneyfacts (currently paying 3.10%) ~ https://www.harpendenbs.co.uk/savings/personal-savings-accounts/onlineinstantaccess/

@soulsaver - seems like it should be the new number 10 on the top ten

Kazza242

Chorley BS have launched Easy Access Saver 3.45%.

The minimum opening deposit is £500.

2 penalty-free withdrawals permitted per account year.

Open online, via branch or post.

https://www.chorleybs.co.uk/saving/88ac/

allegro120

Kazza242 said:

Chorley BS have launched Easy Access Saver 3.45%.

The minimum opening deposit is £500.

2 penalty-free withdrawals permitted per account year.

Open online, via branch or post.

https://www.chorleybs.co.uk/saving/88ac/

Hardly competitive, but shows that the race for cash is not over yet.

Kazza242

allegro120 said:

Kazza242 said:

Chorley BS have launched Easy Access Saver 3.45%.

The minimum opening deposit is £500.

2 penalty-free withdrawals permitted per account year.

Open online, via branch or post.

https://www.chorleybs.co.uk/saving/88ac/

Hardly competitive, but shows that the race for cash is not over yet.

It highlights the upward trend of savings rates for easy access and limited access accounts, which I think is a good thing for competition.  

At 3.45%, it is the second highest paying limited access savings account available on Moneyfacts' list, just behind Aldermore's Double Access Account (3.55%), and so I wouldn't call it uncompetitive at that rate.  

Hopefully, it will drive competition amongst the other savings providers.  

4justice2

Marcus website now showing 3.3% for easy access account.