The Top Easy Access Savings Discussion Area

wiseonesomeofthetime

Bridlington1 said:

Futuristic said:

Bridlington1 said:

Futuristic said:

RobinhoodSavings said:

Coventry BS are launching tomorrow a Four Access Saver (ONLINE) at 4% annual or 3.93% monthly. It can only be opened and operated online. 

As a nerd I already found the product which you can open once logged in:
https://secure.coventrybuildingsociety.co.uk/savings-and-investments/productfeatures.aspx?prodCode=FASO&CTALinks=False

Though the application form isn't live yet so it looks like I'll have to wait until tomorrow before applying.

If anyone wants a defacto 8 access account it may be worth noting that you can open both the annual and monthly interest versions of the account since their systems treat them as two separate products. I've done this with 2 different issues of their 6-access accounts before without issues.

You need to login as normal to the banking online then click the link and the apply button will work 

I will apply with £1 but not sure if I will bother funding yet, will probably see some of the accounts start to increase next week ahead of the BoE decision. 

Many thanks for the insight into Coventry's technical systems. I think I'll give it till tomorrow before opening it though since I won't have any spare cash to put in it until tomorrow and 4% is still a bit too low for me to put anything more than £1 in.

I agree.

I have two limited access 4% accounts already, I won't be seeking another limited access one at that rate tbh.

Freebird53

wiseonesomeofthetime said:

I agree.

I have two limited access 4% accounts already, I won't be seeking another limited access one at that rate tbh.

Are they NLA accounts at 4%? I can't see anything on the No Chat thread beating the Coventry offer?

wiseonesomeofthetime

The one is HSBC Online Bonus Saver. That restriction is the dramatic drop in interest upon a withdrawal within the month.

My second is Yorkshire Building Society Loyalty 6 Access eSaver.

soulsaver

RobinhoodSavings said:

Coventry BS are launching tomorrow a Four Access Saver (ONLINE) at 4% annual or 3.93% monthly. It can only be opened and operated online. 

Thanks - opened and funded. 
And listed in the ToTP
And apologies if you got half a dozen notifications - I couldn't get the name dropper function to display correctly..

ForumUser7

RobinhoodSavings said:

Coventry BS are launching tomorrow a Four Access Saver (ONLINE) at 4% annual or 3.93% monthly. It can only be opened and operated online. 

Thanks @RobinhoodSavings ~ now confirmed on MoneyFacts https://moneyfactscompare.co.uk/news/savings/coventry-bs-launch-easy-access-at-4/

intalex

RobinhoodSavings said:

Coventry BS are launching tomorrow a Four Access Saver (ONLINE) at 4% annual or 3.93% monthly. It can only be opened and operated online. 

My existing four access saver wasn't uprated, so opened the new one and then closed the old one. I seem to recall Coventry being previously better with capturing previous issues onto new rates, but maybe a change in strategy now...

Lyncroft

intalex said:

RobinhoodSavings said:

Coventry BS are launching tomorrow a Four Access Saver (ONLINE) at 4% annual or 3.93% monthly. It can only be opened and operated online. 

My existing four access saver wasn't uprated, so opened the new one and then closed the old one. I seem to recall Coventry being previously better with capturing previous issues onto new rates, but maybe a change in strategy now...

Yes, they usually upgrade the existing account. I'd already done 4 withdrawals and opened up the new one today. It would cost me £1.20 to close the old one and transfer to the new one. Bit annoying. You also have to set up a new payment from your nominated bank.

SJMALBA

Shawbrook EA Issue 35 - 3.91%  (3.84% monthly)

min. 1k opening balance; £500 min. withdrawal

https://www.shawbrook.co.uk/direct/savings/personal-savings/easy-access-savings-accounts/

@soulsaver

SJMALBA

Re. Shawbrook - my previous issue 34 hasn't (yet) been upgraded - to do this manually, do you send a 'Change my Easy Access Issue' secure message?

EDIT: I'm an idiot! My issue 34 has been increased - I was looking for 3.91%, rather than 3.84%... Doh!

Barkin

SJMALBA said:

Re. Shawbrook - my previous issue 34 hasn't (yet) been upgraded - to do this manually, do you send a 'Change my Easy Access Issue' secure message?

Yup. 

My issue 33 has changed to the new rate without me doing anything