The Top Easy Access Savings Discussion Area

Millyonare

refluxer said:

Millyonare said:

mebu60 said:

snowqueen555 said:

Still on 3.2% and 3.1%, really wondering if I should wait around or move to Shawbrook, is it user friendly? I am sorta tired of moving around but I don't know if I'm being lazy, it is my FTB deposit money, hoping to buy in the next year.

I've never had any issues with Shawbrook, dealings all straightforward. 

Shawbrook are incredibly slow to move cash in or out of their Easy Access saver. Have seen a deposit take up to 8 hours to arrive. Great rates. But nothing "easy" about the account.

Next-day access is not uncommon for some of these higher-paying easy access accounts. To be fair to Shawbrook, they highlight (in bold) right at the top of the account product page that the account gives "Next working day access to your funds if withdrawn online before 9:30pm" so if you really need genuinely instant access, then yes - this account is not for you. For many people though, the trade-off with having to wait a day for access is worth it for the higher rate and you just get used to planning your withdrawals accordingly.

Of course.

But it doesn't change the fact they are slow and a bit rubbish.

I want (my) cash in seconds, not hours or days.

ChewyyBacca

@soulsaver
Cynergy Bank rate increased from 3.36% to 3.55% Issue 60

PS: Im @ChewyyBacca, you had been tagging my doppleganger 

mebu60

Millyonare said:

mebu60 said:

snowqueen555 said:

Still on 3.2% and 3.1%, really wondering if I should wait around or move to Shawbrook, is it user friendly? I am sorta tired of moving around but I don't know if I'm being lazy, it is my FTB deposit money, hoping to buy in the next year.

I've never had any issues with Shawbrook, dealings all straightforward. 

Shawbrook are incredibly slow to move cash in or out of their Easy Access saver. Have seen a deposit take up to 8 hours to arrive. Great rates. But nothing "easy" about the account.

They were fine earlier this week taking deposits as I filled up on 3.65%, couple of hours tops. And notified.

Withdrawals are next working day. 

SJMALBA

cheesemason said:

Ford Money just tweeted that their flexible saver and ISA rates are going up tomorrow.  No details of how much yet tho

Flexible Saver now showing as 3.4% monthly (up from 3.27%) in online account.

dgpur

SJMALBA said:

cheesemason said:

Ford Money just tweeted that their flexible saver and ISA rates are going up tomorrow.  No details of how much yet tho

Flexible Saver now showing as 3.4% monthly (up from 3.27%) in online account.

I’m seeing 3.45% gross/AER. Where are you seeing 3.4%?

Edit: never mind. I see that it’s the monthly interest figure vs. the annual.

Kazza242

Leeds Building Society have launched a new issue of their Limited Issue Online Access Account (issue 44), paying 3.40%

The minimum opening amount is £1,000.  See here.

dgpur

Absolutely nothing of interest for ages. I have my money split between Tandem and Chip, and this is the longest I’ve gone without switching in ages. I hope the coming rate rise will kick some providers in the proverbial !!!!!!.

AmityNeon

dgpur said:

Absolutely nothing of interest for ages. I have my money split between Tandem and Chip, and this is the longest I’ve gone without switching in ages. I hope the coming rate rise will kick some providers in the proverbial !!!!!!.

Chip’s tendency to immediately pounce back to the top spot at the slightest whiff of being knocked off its perch will likely keep rate tarting an easy affair. They also paid interest early this morning (unlike last month).

intalex

AmityNeon said:

They also paid interest early this morning (unlike last month).

And for some reason they paid interest up to and including 29th April, anyone know if this is the norm with Chip - i.e. pay for last day of a month to second last of the following month (both inclusive), e.g. 31st March - 29th April or 30th April - 30th May??

jimexbox

dgpur said:

Absolutely nothing of interest for ages. I have my money split between Tandem and Chip, and this is the longest I’ve gone without switching in ages. I hope the coming rate rise will kick some providers in the proverbial !!!!!!.

Zopa will probably up their rates. I can't see anyone topping Chip.