The Top Easy Access Savings Discussion Area

SJMALBA

Shawbrook EA Issue 35 - 3.65% (3.59% monthly), 1k min.

https://www.shawbrook.co.uk/direct/savings/personal-savings/easy-access-savings-accounts/

@soulsaver

2010

SJMALBA said:

Shawbrook EA Issue 35 - 3.65% (3.59% monthly), 1k min.

https://www.shawbrook.co.uk/direct/savings/personal-savings/easy-access-savings-accounts/

@soulsaver

Be aware with this account, minimum withdrawal £500.

ranciduk

Thanks 

just logged in and my account is already updated 

not had a text or an email …

but it’s done!

janusdesign

SJMALBA said:

Shawbrook EA Issue 35 - 3.65% (3.59% monthly), 1k min.

https://www.shawbrook.co.uk/direct/savings/personal-savings/easy-access-savings-accounts/

I have Issue 33 and that's been increased to 3.59% monthly automatically, so I assume some of the later issues have been updated to prevent Shawbrook being swamped with account upgrade secure messages.

SJMALBA

janusdesign said:

SJMALBA said:

Shawbrook EA Issue 35 - 3.65% (3.59% monthly), 1k min.

https://www.shawbrook.co.uk/direct/savings/personal-savings/easy-access-savings-accounts/

I have Issue 33 and that's been increased to 3.59% monthly automatically, so I assume some of the later issues have been updated to prevent Shawbrook being swamped with account upgrade secure messages.

Yes, my Issue 34 has been updated automatically.
No email notification, though.

infoadict

Regarding withdrawals from Shawbrook .Are they like Coventry whereby you instruct and they debit and pay the following day. Thereby not losing interest. Or like Charter, where once instructed they immediately debit the amount and only transfer the following day, thus losing a days interest?

grumbler

infoadict said:

Regarding withdrawals from Shawbrook .Are they like Coventry whereby you instruct and they debit and pay the following day. Thereby not losing interest. Or like Charter, where once instructed they immediately debit the amount and only transfer the following day, thus losing a days interest?

"Looking to withdraw funds?You'll need to request an online withdrawal before 21:30 on a working day in order for your funds to reach you by 23:59 on the following working day.It's usually quicker to complete this transaction outside 22:00-23:00 on a weekday. We update payments during that time."

infoadict

Thanks  - but that doesn't tell me when the debit takes place and whether a day's interest is lost. I.e with Coventry you instruct on Day 1 but they only debit your account on Day 2 and then transfer. Charter however debit on Day 1 and transfer on Day 2, thus losing interest.

Which of these camps does Shawbrook fit into?

grumbler

infoadict said:

Thanks  - but that doesn't tell me when the debit takes place and whether a day's interest is lost. I.e with Coventry you instruct on Day 1 but they only debit your account on Day 2 and then transfer.

It's 10/11 and 11/11 respectively for the only withdrawal I ever made.

TiVo_Lad

grumbler said:

infoadict said:

Thanks  - but that doesn't tell me when the debit takes place and whether a day's interest is lost. I.e with Coventry you instruct on Day 1 but they only debit your account on Day 2 and then transfer.

It's 10/11 and 11/11 respectively for the only withdrawal I ever made.

I think what the OP is asking is you submitted the instruction on 10/11 but was the money debited from your Shawbrook Account on 10/11 or 11/11?