The Top Easy Access Savings Discussion Area

southone

Issue 33 has been automatically increased too

SJMALBA

Off the pace, but:

Kent Reliance EA Issue 58 - 3.53%

https://www.kentreliance.co.uk/interest-rates

Freedommm

Is there any update from Santander and Post Office savings? 

Gollygumdrops

JGal said:

Gollygumdrops said:

For all the Cynergy easy access account holders out there, their rate has now increased to 3.71%, so don’t forget to do the closing and opening accounts act, to get the new increase!

This is getting such a chore changing the cynergy account issue all the time. I think I'm on the 6th account now.

I know but don’t forget each time you do open and transfer to a new account you get your interest, to that date, included in the new account.  I must be on my 8th or 9th such account now but the process gets easier each time you do it!

TheBanker

SJMALBA said:

ranciduk said:

Small increase today from Shawbrook 

Gross

3.75% Annually

3.69% Monthly

Thanks.
No email form Shawbrook so far, but checked online banking, and my previous issue 34 has been automatically increased. 

No email here either, but I got a text about the ISA rate increasing.

SJMALBA

TheBanker said:

SJMALBA said:

ranciduk said:

Small increase today from Shawbrook 

Gross

3.75% Annually

3.69% Monthly

Thanks.
No email form Shawbrook so far, but checked online banking, and my previous issue 34 has been automatically increased. 

No email here either, but I got a text about the ISA rate increasing.

Just received a text about the EA increase.

janusdesign

Family BS Online Saver (Issue 5) has been increased from 3.40% to 3.55% as of Wednesday 24th May.

flobbalobbalob

Gollygumdrops said:

JGal said:

Gollygumdrops said:

For all the Cynergy easy access account holders out there, their rate has now increased to 3.71%, so don’t forget to do the closing and opening accounts act, to get the new increase!

This is getting such a chore changing the cynergy account issue all the time. I think I'm on the 6th account now.

I know but don’t forget each time you do open and transfer to a new account you get your interest, to that date, included in the new account.  I must be on my 8th or 9th such account now but the process gets easier each time you do it!

It is useful for getting your interest paid. On the negative side, when interest rates stop rising and you stick with the account for longer, it may all be paid in a single tax year that is inconvenient for some people.

snappyfish

Chip recommended @ 3.82%?

 I'm currently with Zopa smart saver 3.46% (83k) and Santander E-saver 3.20% (52k)

Any suggestions for easy access? Thanks

Gollygumdrops

flobbalobbalob said:

Gollygumdrops said:

JGal said:

Gollygumdrops said:

For all the Cynergy easy access account holders out there, their rate has now increased to 3.71%, so don’t forget to do the closing and opening accounts act, to get the new increase!

This is getting such a chore changing the cynergy account issue all the time. I think I'm on the 6th account now.

I know but don’t forget each time you do open and transfer to a new account you get your interest, to that date, included in the new account.  I must be on my 8th or 9th such account now but the process gets easier each time you do it!

It is useful for getting your interest paid. On the negative side, when interest rates stop rising and you stick with the account for longer, it may all be paid in a single tax year that is inconvenient for some people.

..and that will be the same for every account that you have?  The only way to avoid the single tax year interest lump sum is to go for a very low interest rate account (seems pointless to me) or have it in an account where you can transfer the interest out every month.  Other than that look at transferring your saving funds to a non-tax paying partner or one that pays tax at the lower rate.