The Top Easy Access Savings Discussion Area

wiseonesomeofthetime

allegro120 said:

dcs34 said:

Posted on the non-chat thread that Kent Reliance Easy Access will be 3.75% from tomorrow (which I believe is market leading?).

Any ideas if this is for existing customers only, or will it apply to the current Issue 57: https://www.kentreliance.co.uk/savings/easy-access-savings-account

It will be market leading. We'll see if Chip respond on this tomorrow afternoon, if not I might open Kent Reliance on Monday if the product is not withdrawn by then. It's not for existing customers only. 

That 3.75% rate may well be for existing customers only, if it is only applied to Issue 51, as the interest rates link suggests.

"Following the recent Bank of England Base Rate increase, the rates on a range of our existing variable savings accounts will increase on 19 May 2023."

You cannot open Issue 51 as a new customer, or as an existing customer of a different issue.

That link - https://www.kentreliance.co.uk/interest-rates - has quite the array of different rates for different issues.

SJMALBA

wiseonesomeofthetime said:

allegro120 said:

dcs34 said:

Posted on the non-chat thread that Kent Reliance Easy Access will be 3.75% from tomorrow (which I believe is market leading?).

Any ideas if this is for existing customers only, or will it apply to the current Issue 57: https://www.kentreliance.co.uk/savings/easy-access-savings-account

It will be market leading. We'll see if Chip respond on this tomorrow afternoon, if not I might open Kent Reliance on Monday if the product is not withdrawn by then. It's not for existing customers only. 

That 3.75% rate may well be for existing customers only, if it is only applied to Issue 51, as the interest rates link suggests.

"Following the recent Bank of England Base Rate increase, the rates on a range of our existing variable savings accounts will increase on 19 May 2023."

You cannot open Issue 51 as a new customer, or as an existing customer of a different issue.

That link - https://www.kentreliance.co.uk/interest-rates - has quite the array of different rates for different issues.

It seems Issue 51 and earlier @ 3.75% - I didn't bother checking all the way back, but got as far as issue 31...

ForumUser7

According to MoneyFacts:

• Secure Trust Bank Access Account Issue 7 at 3.65% (min £1,000)
• RCI Bank UK Freedom Savings Account at 3.60% (min £100)
• Leeds BS Limited Issue Online Access Account Issue 45 at 3.55% (min £1,000)

@soulsaver - I think these qualify for TOTP

cwep2

ForumUser7 said:

According to MoneyFacts:

• Secure Trust Bank Access Account Issue 7 at 3.65% (min £1,000)
• RCI Bank UK Freedom Savings Account at 3.60% (min £100)
• Leeds BS Limited Issue Online Access Account Issue 45 at 3.55% (min £1,000)

@soulsaver - I think these qualify for TOTP

Secure Trust shows new rate when you log in (3.59% gross monthly interest).

RCI still shows my Freedom Savings account as 3.40% when I log in, even though the homepage is offering the account at 3.60%. Says the new rate applies from 19th May, so assume it's just not updated yet - also no email to mention the rate increase - but again these things can take time emailing hundreds of thousands of customers. Let's hope it updates by tomorrow.

KTF

Hanley BS is offering 4.25% (4.50% from June 1) on up to 50k.

Open via branch or post: https://thehanley.co.uk/savings-accounts/

BigBlueSky

KTF said:

Hanley BS is offering 4.25% (4.50% from June 1) on up to 50k.

Open via branch or post: https://thehanley.co.uk/savings-accounts/

Just in the process of applying for this.  Sounds like they want original ID or certified copies.  Has anyone been through the process of applying for this account via the post ?

Bridlington1

BigBlueSky said:

KTF said:

Hanley BS is offering 4.25% (4.50% from June 1) on up to 50k.

Open via branch or post: https://thehanley.co.uk/savings-accounts/

Just in the process of applying for this.  Sounds like they want original ID or certified copies.  Has anyone been through the process of applying for this account via the post ?

I sent off the application form earlier this week, though I never included ID and I haven't heard anything from them yet. I'll update you in this thread if I hear from then.

castle96

Re Hanley  Posted 2 days ago with cheque, no ID. Open today. Passbook to follw

ForumUser7

BigBlueSky said:

KTF said:

Hanley BS is offering 4.25% (4.50% from June 1) on up to 50k.

Open via branch or post: https://thehanley.co.uk/savings-accounts/

Just in the process of applying for this.  Sounds like they want original ID or certified copies.  Has anyone been through the process of applying for this account via the post ?

Yes, they received my application yesterday by post and they confirmed by phone that I can have the account. I did not include ID as I have an existing account with them. The application form suggests they can electronically verify anyway - confirmed by soft searches from them showing on Equifax.

castle96 said:

Re Hanley  Posted 2 days ago with cheque, no ID. Open today. Passbook to follw

I posted the cheque and forms 3 days ago, no ID, 2nd class. Received yesterday, along with several other applications apparently. They estimate a 3-5 day turnaround time, cheques apparently won't be backdated.

patpalloon

I'm glad marcus are back in the game. I've always liked their app and website, plus transfers in and out are rapid.