The Top Easy Access Savings Discussion Area

Kazza242

soulsaver said:

Kazza242 said:

Leeds BS are launching a new issue of their Limited Issue Online Access Account (issue 46), paying 3.75%

The minimum opening amount is £1,000.

https://www.leedsbuildingsociety.co.uk/savings/isa-tax-free-accounts/limited-issue-online-access-isa/

Hi Kazza - the link is to an ISA... ? 

I've updated it.  Remember I edit the Best Cash ISAs Currently Available thread, so the link is in my browser cache.  

The new issue should appear later today on the Leeds website via the updated link in my post above.  

grumbler

ForumUser7 said:

West Brom BS DA -> 4% effective tomorrow? Perhaps article published early https://www.thisismoney.co.uk/money/saving/article-12166317/Double-access-savings-accounts-paying-4.html @soulsaver

"The 4 per cent is paid on balances up to £10,000"

Yet another marketing gimmick.

Bridlington1

grumbler said:

ForumUser7 said:

West Brom BS DA -> 4% effective tomorrow? Perhaps article published early https://www.thisismoney.co.uk/money/saving/article-12166317/Double-access-savings-accounts-paying-4.html @soulsaver

"The 4 per cent is paid on balances up to £10,000"

Yet another marketing gimmick.

I think "The 4 per cent is paid on balances up to £10,000" refers to the HSBC bonus saver, which is also discussed in the article. The West Brom Double Access account will be increasing from 3.85% to 4% on balances of up to £1,000,000.

wiseonesomeofthetime

Bridlington1 said:

grumbler said:

ForumUser7 said:

West Brom BS DA -> 4% effective tomorrow? Perhaps article published early https://www.thisismoney.co.uk/money/saving/article-12166317/Double-access-savings-accounts-paying-4.html @soulsaver

"The 4 per cent is paid on balances up to £10,000"

Yet another marketing gimmick.

I think "The 4 per cent is paid on balances up to £10,000" refers to the HSBC bonus saver, which is also discussed in the article. The West Brom Double Access account will be increasing from 3.85% to 4% on balances of up to £1,000,000.

Absolutley correct, as can be seen here - https://www.westbrom.co.uk/savings/easy-access/double-access-account-issue-2

As branch or post operated only, I'll pass on this one.

ForumUser7

soulsaver said:

West Bromwich BS 4.00% (07/06) Double Access Account (Issue 2) | the West Brom
Post/Branch opening only so doesn't get ranked. 
Note: Viewable online but can't be managed on line - branch openers must use btanch and post openers must use post!!

From TOTP thread, @soulsaver

• If opened in a branch, you will then manage this account in any of our branches. If you open the account by post, you will then manage your account by telephone/post. With our savings portal you can also view your account online.

https://forums.moneysavingexpert.com/discussion/comment/80097023/#Comment_80097023

TiVo_Lad

wiseonesomeofthetime said:

As branch or post operated only, I'll pass on this one.

4% is indeed tempting, but I agree that by the time it's up and running and money transferred it'll no longer be TOTP and it'll be time to move on again with all the faff that involves of doing it by post. IMHO of course.

wiseonesomeofthetime

TiVo_Lad said:

wiseonesomeofthetime said:

As branch or post operated only, I'll pass on this one.

4% is indeed tempting, but I agree that by the time it's up and running and money transferred it'll no longer be TOTP and it'll be time to move on again with all the faff that involves of doing it by post. IMHO of course.

My decision is also based on the fact that I currently hold a 4% EA account elsewhere ATM, albeit maximum six withdrawals, which I could use.

Was trying to separate funds into separate high paying account though (a bit like a pot), so will hang around a bit longer 😁

savethepandas

West Brom

Emailed them to ask for an application to be posted to me on 1st June. 

Got a response on 6th June telling me I have to phone them up to pass security questions, before they can post a blank application form to me...

If that is their customer service I think that I will pass on that account. Hanley posted one to me straight away, as have other institutions before.

georged123

The 4% headline figure at West Brom is tempting but it will only be a week or two until there's half a dozen or more EA accounts over that number that are much easier to deal with.

susanann_2

Thinking about Secure Trust Bank easy access. How long do payments in & out take? Can you do a £1 transfer to check everything, or does it have to be £1000. I like to make sure it is set up okay before transferring larger amount.