The Top Easy Access Savings Discussion Area

Swipe

oz0707 said:

Not sure if the below quote will show from no chat thread but glad I didn't bother shifting the HSBC OBS funds now, going up to 4%

Wheres_My_Cashback said:

HSBC Bonus Saver up from 3.50% > 4.00% up to £10K and 2.30% above £10K effective 08 June

https://www.theguardian.com/money/2023/jun/02/hsbc-increases-interest-rates-savings-accounts

Nice one, I have two of these from many years ago. Both now maxed out.

SAC2334

BigBlueSky said:

I'm looking for an account that is almost instant transfers in/out (like Marcus).  Which would be best for that ?

Hampshire Trust Bank - Online Easy Access Account (Issue 11)
or Investec Bank plc Online Flexi Saver

Thanks in advance

I m currently moving moving money from Zopa to Chip via my main bank and so far every deposit has been instant .

oz0707

Swipe said:

oz0707 said:

Not sure if the below quote will show from no chat thread but glad I didn't bother shifting the HSBC OBS funds now, going up to 4%

Wheres_My_Cashback said:

HSBC Bonus Saver up from 3.50% > 4.00% up to £10K and 2.30% above £10K effective 08 June

https://www.theguardian.com/money/2023/jun/02/hsbc-increases-interest-rates-savings-accounts

Nice one, I have two of these from many years ago. Both now maxed out.

2 online bonus saver accounts? Is one in your other halfs name?

allegro120

oz0707 said:

Swipe said:

oz0707 said:

Not sure if the below quote will show from no chat thread but glad I didn't bother shifting the HSBC OBS funds now, going up to 4%

Wheres_My_Cashback said:

HSBC Bonus Saver up from 3.50% > 4.00% up to £10K and 2.30% above £10K effective 08 June

https://www.theguardian.com/money/2023/jun/02/hsbc-increases-interest-rates-savings-accounts

Nice one, I have two of these from many years ago. Both now maxed out.

2 online bonus saver accounts? Is one in your other halfs name?

Also "from many years ago" - the account was launched in October 2022.

cheesemason

Looking for something for my Mum. She would rather deal with a big name and probably have access via a branch if necessary. What’s best at the moment? Think she’s getting peanuts with Barclays at the moment so anything will be an improvement. Ta

refluxer

cheesemason said:

Looking for something for my Mum. She would rather deal with a big name and probably have access via a branch if necessary. What’s best at the moment? Think she’s getting peanuts with Barclays at the moment so anything will be an improvement. Ta

I would start at the top of this list and work your way down until you see something you recognise. You'll have to scroll a long way down before you find a (national) high-street bank. You will find some high-street building societies higher up but access is often limited with their higher-paying accounts, so bear that in mind if you don't want to be restricted to 2-3 withdrawals a year...

https://moneyfactscompare.co.uk/savings-accounts/easy-access-savings-accounts/?quick-links-first=false

RG2015

cheesemason said:

Looking for something for my Mum. She would rather deal with a big name and probably have access via a branch if necessary. What’s best at the moment? Think she’s getting peanuts with Barclays at the moment so anything will be an improvement. Ta

There is no better rate for easy access for a balance up to £5,000 than Barclays Rainy Day Saver at 5.00% gross (5.12% AER)

It does require 2 direct debits per month, a deposit of at least £800 per month and membership of Blue Rewards but as an existing customer it may be quite easy to do.

The are many other options though and the following thread has an excellent summary on page 1.

https://forums.moneysavingexpert.com/discussion/6392978/top-easy-access-acs-ranked-top-of-the-pots-no-chat/p1

Nick_C

cheesemason said:

Looking for something for my Mum. She would rather deal with a big name and probably have access via a branch if necessary. What’s best at the moment? Think she’s getting peanuts with Barclays at the moment so anything will be an improvement. Ta

She should look at the Barclays Rainy Day Saver for a start.  5% on £5k.  You need a Barclays Current Account, deposit £800 a month, and have two DDs.  It's online only, but as she is already a Barclays customer it might suit her? 

RG2015

cheesemason said:

Looking for something for my Mum. She would rather deal with a big name and probably have access via a branch if necessary. What’s best at the moment? Think she’s getting peanuts with Barclays at the moment so anything will be an improvement. Ta

You may find the tables on the link below are easier to compare. This link is for easy access but there are also links to other tables, for example fixed rate, fixed term savings accounts.

https://www.thisismoney.co.uk/money/article-1583859/Best-savings-rates-General-savings-Internet-branch.html

Zaul22

STB website now showing the new rate even for new customers. They really did it on a Saturday. What a crazy world we now live in. Your move Simon. (Mr Chips real name)