The Top Easy Access Savings Discussion Area

allegro120

10_66 said:

Thank you Bigwheels1111 and jaypers, I should've added, are w/d and payments operated over non-bank working days, please?

Both, Tandem and Zopa, process in and out payments at weekends. 

ChewyyBacca

What is the minimum balance one has to maintain in Shawbrook bank in Easy Access Issue 34, so that they dont close the account?
I understand for balances below £1000, rate is 0.05%

savethepandas

From Moneyfacts:

Secure Trust Bank Access Account (Issue 7)

AER 3.50%

Interest Paid Monthly

chris_the_bee

ChewyyBacca said:

What is the minimum balance one has to maintain in Shawbrook bank in Easy Access Issue 34, so that they dont close the account?
I understand for balances below £1000, rate is 0.05%

I had £1 in for 4 months and reactivated OK. Minimum balance is £1 and as you say, interest rate is 0.05%.

mebu60

savethepandas said:

From Moneyfacts:

Secure Trust Bank Access Account (Issue 7)

AER 3.50%

Interest Paid Monthly

Issue 7 is the current issue so hopefully they're increasing that automatically. 

mebu60

mebu60 said:

savethepandas said:

From Moneyfacts:

Secure Trust Bank Access Account (Issue 7)

AER 3.50%

Interest Paid Monthly

Issue 7 is the current issue so hopefully they're increasing that automatically. 

Yup, they have :-)

SJMALBA

Charter Issue 37 @ 3.45% (3.4% monthly), 5k min.

https://www.chartersavingsbank.co.uk/Products/EasyAccess

@soulsaver

hoc

hoc said:

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

We'll keep you informed about Aldermore products and services similar to those you already have. You can opt out of receiving these updates at any time.

I do not wish to be kept informed about Aldermore products and services.

They emailed me to confirm the rate had gone up last week. So it's not the marketing setting. They are just slow.

RedImp_2

I originally had my easy access money in Marcus when it was one of the leading rates but jumped onto Chase and moved across to there when it launched with its 1.5% rate.  As I had a Santander 123 ac I went with its easy access 2.75% and moved my money there.  Chase then went to 3% so across the money went to be followed by Santander going to 3.25% so back the money went.  Now Marcus is 3.3% so off we go with transfers.
And this is only with the three accounts I have open (I realise there are higher rate accounts before someone points that out!) but I don’t ever recall such a time as this for changing rates (unless it’s just I’m more aware)

jaypers

RedImp_2 said:

I originally had my easy access money in Marcus when it was one of the leading rates but jumped onto Chase and moved across to there when it launched with its 1.5% rate.  As I had a Santander 123 ac I went with its easy access 2.75% and moved my money there.  Chase then went to 3% so across the money went to be followed by Santander going to 3.25% so back the money went.  Now Marcus is 3.3% so off we go with transfers.
And this is only with the three accounts I have open (I realise there are higher rate accounts before someone points that out!) but I don’t ever recall such a time as this for changing rates (unless it’s just I’m more aware)

The perfect and sensible strategy. I have a few more accounts to play with than you but do similar. Unless anything amazing comes along, I’ve stopped opening any more new accounts as it was starting to get a bit silly!