The Top Easy Access Savings Discussion Area

jaypers

Charter have now published their updated rates, effective from tomorrow. If you still have Easy Access up to and including Issue 29, 3.75%

https://s3-eu-west-1.amazonaws.com/pdf.chartersavingsbank.co.uk/01502_savings_interest_summary.pdf#page10

Malchester

Hi. Just a quick question. Does anyone know of instant or easy access accounts which allow for more than one linked or nominated account? I have Zopa which allows transfers to and from multiple linked accounts but does anyone know of any others?

Thanks for your answers. 

PloughmansLunch

Malchester said:

Hi. Just a quick question. Does anyone know of instant or easy access accounts which allow for more than one linked or nominated account? I have Zopa which allows transfers to and from multiple linked accounts but does anyone know of any others?

Thanks for your answers. 

I've got 5 linked accounts with Tandem, their CS can link non-Open Banking too e.g. Chase, Kroo etc

cwep2

Malchester said:

Hi. Just a quick question. Does anyone know of instant or easy access accounts which allow for more than one linked or nominated account? I have Zopa which allows transfers to and from multiple linked accounts but does anyone know of any others?

Thanks for your answers. 

Kroo which pays 3.60% is a current account, not a savings account, so you can make payments to and from any/multiple accounts. They have a £10k daily limit of payments OUT of the account though.

allegro120

Malchester said:

Hi. Just a quick question. Does anyone know of instant or easy access accounts which allow for more than one linked or nominated account? I have Zopa which allows transfers to and from multiple linked accounts but does anyone know of any others?

Thanks for your answers. 

Al Rayan everyday saver allows withdrawals to any accounts, but withdrawals made at weekends don't arrive until next working day.

Beddie

Malchester said:

Hi. Just a quick question. Does anyone know of instant or easy access accounts which allow for more than one linked or nominated account? I have Zopa which allows transfers to and from multiple linked accounts but does anyone know of any others?

Thanks for your answers. 

Yorkshire Building Society - you can transfer money to any account you like!

SonOfPearl

Malchester said:

Hi. Just a quick question. Does anyone know of instant or easy access accounts which allow for more than one linked or nominated account? I have Zopa which allows transfers to and from multiple linked accounts but does anyone know of any others?

Thanks for your answers. 

Tesco Internet Saver accounts allow instant transfers out and multiple linked accounts. 

ForumUser7

karlie88 said:

ForumUser7 said:

karlie88 said:

Opened a Hanley Economic branch saver instore. Took 15 minutes. Even received online banking details within an hour via email. They have a mobile app too which is good to see.

Deposits can be made via debit card as well FP, SO, cheques etc. Withdrawals are not as bad as I thought; you can set up a nominated account and ask for payments to be sent across over the phone.

Overall very good service especially with such a big gap to the next best rate.

I'm chancing my luck by posting in the forms - hoping they'll open it for me. Did they tell you which number to call to request withdrawals over the phone please? They told me that the passbook must be present for the branch saver withdrawals to be processed, but I'm wondering if perhaps I need to speak to a different team to organise that.

They told me to phone the local branch and that the passbook was not required to withdraw. They did complete a form to link a nominated account, which I also had to sign.

@Karlie88 Did they say in particular which branch to call please? In order to help me decide how much to deposit, based on ease of withdrawal, I just called a couple and asked - the response was they can never take verbal instructions to move funds to a nominated account, they require the passbook and a wet signature through the post.

10_66

ForumUser7 said:

karlie88 said:

ForumUser7 said:

karlie88 said:

Opened a Hanley Economic branch saver instore. Took 15 minutes. Even received online banking details within an hour via email. They have a mobile app too which is good to see.

Deposits can be made via debit card as well FP, SO, cheques etc. Withdrawals are not as bad as I thought; you can set up a nominated account and ask for payments to be sent across over the phone.

Overall very good service especially with such a big gap to the next best rate.

I'm chancing my luck by posting in the forms - hoping they'll open it for me. Did they tell you which number to call to request withdrawals over the phone please? They told me that the passbook must be present for the branch saver withdrawals to be processed, but I'm wondering if perhaps I need to speak to a different team to organise that.

They told me to phone the local branch and that the passbook was not required to withdraw. They did complete a form to link a nominated account, which I also had to sign.

@Karlie88 Did they say in particular which branch to call please? In order to help me decide how much to deposit, based on ease of withdrawal, I just called a couple and asked - the response was they can never take verbal instructions to move funds to a nominated account, they require the passbook and a wet signature through the post.

I rang yesterday and was also told withdrawals only in writing with passbook.  Also, that any bank transfers to nominated account for amounts over £10,000 would be made by CHAPS and so would incur a £25 fee.  Cheques, of course, would be free of charge.

ForumUser7

10_66 said:

ForumUser7 said:

karlie88 said:

ForumUser7 said:

karlie88 said:

Opened a Hanley Economic branch saver instore. Took 15 minutes. Even received online banking details within an hour via email. They have a mobile app too which is good to see.

Deposits can be made via debit card as well FP, SO, cheques etc. Withdrawals are not as bad as I thought; you can set up a nominated account and ask for payments to be sent across over the phone.

Overall very good service especially with such a big gap to the next best rate.

I'm chancing my luck by posting in the forms - hoping they'll open it for me. Did they tell you which number to call to request withdrawals over the phone please? They told me that the passbook must be present for the branch saver withdrawals to be processed, but I'm wondering if perhaps I need to speak to a different team to organise that.

They told me to phone the local branch and that the passbook was not required to withdraw. They did complete a form to link a nominated account, which I also had to sign.

@Karlie88 Did they say in particular which branch to call please? In order to help me decide how much to deposit, based on ease of withdrawal, I just called a couple and asked - the response was they can never take verbal instructions to move funds to a nominated account, they require the passbook and a wet signature through the post.

I rang yesterday and was also told withdrawals only in writing with passbook.  Also, that any bank transfers to nominated account for amounts over £10,000 would be made by CHAPS and so would incur a £25 fee.  Cheques, of course, would be free of charge.

Thanks for sharing this - I shouldn't be surprised really as that is in line with the product summary, but it is a bit disappointing. I think I'll leave it at the minimum £1,000 balance, and wait for them to improve it by allowing access to funds in that account through the app. 0.25%, or even 0.5% probably isn't worth the loss of convenience for me especially as I would need to withdraw funds towards the end of each month for RSs.

FP wise, it seems there is also a minimum of £500, and if less than that they impose a £10 fee! https://thehanley.co.uk/savings-accounts/savings-account-service-charges/