The Top Easy Access Savings Discussion Area

mebu60

Millyonare said:

mebu60 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.

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. 

Yes, Shawbrook are extremely slow for withdrawals. Like something from the 1990s. They badly need to upgrade their systems to real-time banking. Waiting days to get your own cash is from another century.

Family BS is worse. Restricted to £25k per day, no, you can't call to exceed that, and have to do before 3:30pm to receive next working day. Balance is reduced immediately. So if you (were silly enough to) make withdrawal at 3:31pm on the Friday before a bank holiday Monday you would not get your cash until the following Wednesday. 

Locarno1

I'm tempted potentially to move my savings into a better savings account. I'm currently using Tandem bank which is no longer on the highest interest list of easy-access savings accounts.. Thoughts people?

n3ophyte

Locarno1 said:

I'm tempted potentially to move my savings into a better savings account. I'm currently using Tandem bank which is no longer on the highest interest list of easy-access savings accounts.. Thoughts people?

I think a lot of people will wait for the dust to settle after the Bank of Englands decision on baste rate tomorrow.

The_Green_Hornet

n3ophyte said:

Locarno1 said:

I'm tempted potentially to move my savings into a better savings account. I'm currently using Tandem bank which is no longer on the highest interest list of easy-access savings accounts.. Thoughts people?

I think a lot of people will wait for the dust to settle after the Bank of Englands decision on baste rate tomorrow.

A tablespoon of melted butter every 30 minutes should do it.

n3ophyte

The_Green_Hornet said:

n3ophyte said:

Locarno1 said:

I'm tempted potentially to move my savings into a better savings account. I'm currently using Tandem bank which is no longer on the highest interest list of easy-access savings accounts.. Thoughts people?

I think a lot of people will wait for the dust to settle after the Bank of Englands decision on baste rate tomorrow.

A tablespoon of melted butter every 30 minutes should do it.

I also missed an apostrophe but this poxy new editor won’t let me correct my mistakes. It throws an error saying

“Body is 20143 characters too long”

 

OceanSound

The_Green_Hornet said:

n3ophyte said:

Locarno1 said:

I'm tempted potentially to move my savings into a better savings account. I'm currently using Tandem bank which is no longer on the highest interest list of easy-access savings accounts.. Thoughts people?

I think a lot of people will wait for the dust to settle after the Bank of Englands decision on baste rate tomorrow.

A tablespoon of melted butter every 30 minutes should do it.

It's oven/microwave ready!

ranciduk

Prepare for a roasting from the off topic police squad any second now

Kazza242

The Hampshire Trust Bank Online Easy Access Account (issue 9) is paying 3.65%

The minimum opening amount is £1.

https://www.htb.co.uk/personal-savings/variable-rate-accounts

TiVo_Lad

Kazza242 said:

The Hampshire Trust Bank Online Easy Access Account (issue 9) is paying 3.65%

The minimum opening amount is £1.

https://www.htb.co.uk/personal-savings/variable-rate-accounts

A little nuance on this one which some people might miss. Especially important for those that are very focussed on how quickly deposits/withdrawls take place (my highlight).

"If you make a payment into your Account by Electronic Payment, we will apply it to your Account on the day we receive it. If we receive it after 1pm, we will apply it [to] your Account on the next Working Day."

mebu60

TiVo_Lad said:

Kazza242 said:

The Hampshire Trust Bank Online Easy Access Account (issue 9) is paying 3.65%

The minimum opening amount is £1.

https://www.htb.co.uk/personal-savings/variable-rate-accounts

A little nuance on this one which some people might miss. Especially important for those that are very focussed on how quickly deposits/withdrawls take place (my highlight).

"If you make a payment into your Account by Electronic Payment, we will apply it to your Account on the day we receive it. If we receive it after 1pm, we will apply it [to] your Account on the next Working Day."

Existing customers can open the EA by calling 020 7862 6222 M-F 9-5 or email existingcustomer@htb.co.uk quoting your phone no(s) they have on file. Plus an existing account no I'd suggest.