The Top Easy Access Savings Discussion Area

SAC2334

Doctor_Who said:

Yep.....3.34% to 3.46%

Zopa 31 day boosted pot is up to 3.6% 

jaypers

Hanley BS seems like a no brainer to me as it has branches not so far away from me. Years ago I wouldn’t have thought twice about getting a passbook. Still thinking about it now. How times have changed. 

Doctor_Who

SAC2334 said:

Doctor_Who said:

Yep.....3.34% to 3.46%

Zopa 31 day boosted pot is up to 3.6% 

We were discussing the instant (easy) access rate increase of 0.12%. 3.6% for 31 days' notice isn't really anything to shout about either, Chip offer 3.71% for instant (easy) access. I like Zopa and the app works very well, but their rates have fallen well behind the market leaders.

soulsaver

ForumUser7 said:

soulsaver said:

I don't 'rank' branch/postal only accounts (not Easy'nuff Access) but info maybe good for some... :

Hanley BS 'Branch Saver' pays 4.25% and tracks the  BoE base - so 4.50% from 01/07. Great rate but lots of 'cons' ... DYOR 
Savings - Hanley Economic Building Society (thehanley.co.uk) 

@soulsaver - re this post in the no chat thread, the branch saver rate changes on the 1st of each month if there has been a BR change - so it is 4.50% from 01/06/2023.
HEBS happens to be updating their other rates by 0.25% too, but from 01/07/2023.

I wasn’t sure if this was too chatty for the no chat thread, so posted it over here instead.

HEBS - needed better reading, thanks. 

PloughmansLunch

Those of you that already have the Hanley Branch Saver open - apologies if this is a silly question but once you’ve made the initial deposit, can subsequent payments be made using FP with account ref & roll number etc, or does the passbook have to be posted back and forth with additional cheques?

S_uk

S_uk said:

Does anyone what is the cut off time on a working day for sending a payment into a Kent Reliance savings account (and for it to clear that day?). The website only mentions about 3.30pm being the cut off time for withdrawals, and for payments in just says: "The funds will usually be available as cleared funds in your account on the same working day we receive them." I made a payment at 3pm and hasn't yet shown on the account.

Just to answer my own question re Kent Reliance - the payment cleared sometime this morning between midnight and 6am, but dated yesterday (Fri).

ircE

ICYMI: Newbury BS announced "average" savings rates will increase by 0.25% wef 1st June.

While this means some accounts will see a lower increase, if a 0.25pp rise is applied to the Welcome account the new rate would be 3.55%, and for the EMA it would be 3.75%. Worth keeping an eye on.

ETA: apologies I've just caught up fully and @ForumUser7 beat me to it! As per usual

housebuyer143

Doctor_Who said:

SAC2334 said:

Doctor_Who said:

Yep.....3.34% to 3.46%

Zopa 31 day boosted pot is up to 3.6% 

We were discussing the instant (easy) access rate increase of 0.12%. 3.6% for 31 days' notice isn't really anything to shout about either, Chip offer 3.71% for instant (easy) access. I like Zopa and the app works very well, but their rates have fallen well behind the market leaders.

Shame they haven't increased them more. I was not wanting to leave but my Skipton instant access will be paying 3.55% from next week so unfortunately that's me gone.

schiff

housebuyer143 said:

Doctor_Who said:

SAC2334 said:

Doctor_Who said:

Yep.....3.34% to 3.46%

Zopa 31 day boosted pot is up to 3.6% 

We were discussing the instant (easy) access rate increase of 0.12%. 3.6% for 31 days' notice isn't really anything to shout about either, Chip offer 3.71% for instant (easy) access. I like Zopa and the app works very well, but their rates have fallen well behind the market leaders.

Shame they haven't increased them more. I was not wanting to leave but my Skipton instant access will be paying 3.55% from next week so unfortunately that's me gone.

My Skipton EA up to 3.15% (from 2.91) this morning. Where does 3.55% come from? 

ForumUser7

Newbury BS New Rates effective 1st June

https://newburytest-live-f3d63f7f4dcc44ad8831e6-4e875e3.divio-media.com/filer_public/d8/e4/d8e487bf-f56a-4e00-a86d-19d6894328b1/interest_rate_change_table_wef_1_june_2023.pdf

Existing Member Account from 3.50% -> 3.75%
Welcome to Newbury from 3.30 -> 3.55%
@soulsaver - TOTP?
(@ircE you predicted the new rates correctly!)