The Top Easy Access Savings Discussion Area

oz0707

allegro120 said:

oz0707 said:

Just gone to empty OBS and see the rate has improved from 3.25 to 3.5% Not sure its worth the aggro for 50 pence a week. 

Currently 3.5% is a low rate. It increased to 3.5% on 20th April and even then it wasn't competitive. HSBS OBS was good for the first few months and then fell behind.

Its 10k though, Whats the difference between this and the highest paying ea .3%?

oz0707

AmityNeon said:

oz0707 said:

Just gone to empty OBS and see the rate has improved from 3.25 to 3.5% Not sure its worth the aggro for 50 pence a week. 

If it’s already emptied, to which account did you move the money? The best unlimited instant access rate is currently 3.82% AER, equivalent to an average increase of £4.83 a month in interest on £10K.

Certainly don’t move the money back into the HSBC OBS for only 3.5%, essentially considering its withdrawal caveats.

No I haven't emptied it. I went to but on seeing that it's now 3.5% i'm not bothering. I have the Ford money account open with a couple of quid in but I will stick with obs for this 10k

PloughmansLunch

oz0707 said:

allegro120 said:

oz0707 said:

Just gone to empty OBS and see the rate has improved from 3.25 to 3.5% Not sure its worth the aggro for 50 pence a week. 

Currently 3.5% is a low rate. It increased to 3.5% on 20th April and even then it wasn't competitive. HSBS OBS was good for the first few months and then fell behind.

Its 10k though, Whats the difference between this and the highest paying ea .3%?

If you take out even 1p of the HSBC OBS the interest rate drops massively as a punishment for the rest of the month

Bridlington1

@soulsaver Hampshire Trust bank Online Easy Access Account (Issue 11) is now at 3.82% according to moneyfacts.

EDIT: Now on their website:
https://www.htb.co.uk/personal-savings/variable-rate-accounts/
https://www.htb.co.uk/htbcontent/uploads/2021/02/HTB_PS_Online_EasyAccessAccount_Keyacts_01062023.pdf

Zaul22

Investec out of the left field there, bet Mr Chip didn't see that one coming. While it's the same rate, I wonder if he might go up a bit just because they are a more well known alternative for the people who don't like Chip. 

mebu60

Bridlington1 said:

Hampshire Trust bank Online Easy Access Account (Issue 11) is now at 3.82% according to moneyfacts.

Not yet showing on HTB, hopefully will appear in the morning. 

t1redmonkey

Let's see if these recent challengers that have put their rates up to 3.8x% prompt Chip to go up to the 3.9x% range by the end of tomorrow...

jaceyboy

t1redmonkey said:

Let's see if these recent challengers that have put their rates up to 3.8x% prompt Chip to go up to the 3.9x% range by the end of tomorrow...

This would be good, I believe they really should be putting it up to 4% flat

soulsaver

mebu60 said:

Bridlington1 said:

Hampshire Trust bank Online Easy Access Account (Issue 11) is now at 3.82% according to moneyfacts.

Not yet showing on HTB, hopefully will appear in the morning. 

It is... Click Bridlingtons link and scroll down...

soulsaver

Bridlington1 said:

@soulsaver Hampshire Trust bank Online Easy Access Account (Issue 11) is now at 3.82% according to moneyfacts.

EDIT: Now on their website:
https://www.htb.co.uk/personal-savings/variable-rate-accounts/
https://www.htb.co.uk/htbcontent/uploads/2021/02/HTB_PS_Online_EasyAccessAccount_Keyacts_01062023.pdf

I didn't get this notification? Maybe 'cos I was on the thread?