The Top Easy Access Savings Discussion Area

Rudyson

Bridlington1 said:

georged123 said:

Zaul22 said:

Opening a Coventry account has now become as massive faff involving mailing in an application form with photos of yourself holding your ID. No mention of just taking it into a branch. Last year I had an easy access account and it just opened online, there was none of this faff. Must be new KYC rules that have come in since then. 

I had the same, it was a right faff and haven’t been given anything, not even an email.

Has everyone else managed to sign up straightaway no issues?

I've opened a fair few Coventry accounts over the last year and have never had any issues with opening new accounts, the four access saver included. I've actually found it to be one of the easiest banks/building societies to open new accounts with.

Me too. And they usually answer the phone in seconds if you have any queries.

I've just opened the new account today and transferred over all but £10 from my other 4 access and 6 access accounts. The whole process took about 5 mins. If they raise the rate on the old accounts, I'll have a 14 access account, if not I still have a graet EA rate.

Bridlington1

@soulsaver Oxbury Bank Personal Easy Access Account (Issue 1) now 3.9%

TiVo_Lad

Bridlington1 said:

@soulsaver Oxbury Bank Personal Easy Access Account (Issue 1) now 3.9%

Slightly left of field (no pun intended!). Feels like they might be trying to attract funds ahead of the BoE decision, but will they remain competitive? The 90-day funding window is attractive though.

frosch411

TiVo_Lad said:

Paragon Triple Access Savings Account - Issue 13 - 3.91%

https://www.paragonbank.co.uk/savings/triple-access-account

Easy access. Interest is paid annually or monthly.
If more than 4 withdrawals are made in a 12 month period, the rate payable will drop to 0.75% from the date of the 4th withdrawal, with the 12 month period resetting on the anniversary of the account opening date.

@soulsaver

Nice one, thanks for this.
Just wondering how quick this is applied. I have the triple access issue 13 and when I log into my account, it still shows the old interest.

frosch411

frosch411 said:

TiVo_Lad said:

Paragon Triple Access Savings Account - Issue 13 - 3.91%

https://www.paragonbank.co.uk/savings/triple-access-account

Easy access. Interest is paid annually or monthly.
If more than 4 withdrawals are made in a 12 month period, the rate payable will drop to 0.75% from the date of the 4th withdrawal, with the 12 month period resetting on the anniversary of the account opening date.

@soulsaver

Nice one, thanks for this.
Just wondering how quick this is applied. I have the triple access issue 13 and when I log into my account, it still shows the old interest.

Actually, scrap that..mine is not the easy access savings but triple access cash ISA..
Losing the plot with that heat and my accounts 🤪

allegro120

Bridlington1 said:

@soulsaver Oxbury Bank Personal Easy Access Account (Issue 1) now 3.9%

I wonder what do they mean by "this account is not intended for day to day transactions"? 

CooperSF

Losing faith with Chip.

happybagger

Shed loads of small value transactions? Usually that gets put because an account is not a payment account.

SanguineOnSaturn

I'm sure iI saw a message from Kroo today about a rate increase to 3 8? on my phone but I've cleared my notifiictions and can't find it now. Anyone else had this?

Edit, found it now. I think it is 3.85% from 1st July

Zaul22

CooperSF said:

Losing faith with Chip.

They are profitable now, it might be over. Remember Al Rayan was always the top rate... until it wasn't. Then Zopa was always in the top 4 rates... until it wasn't, Atom was good... until it wasn't. It couldn't last forever.