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The Top Easy Access Savings Discussion Area
Comments
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I don't understand the question.
Shawbrook only have one easy access (non ISA) product.0 -
I think all Shawbrook accounts have a £1k balance requirements - but that said, that is only the balance required to get the headline rate of 3.91%, I don't think there is anything to stop you having a lower balance, e.g £1 - it's just that the rate on that £1 would be 0.05%.ChewyyBacca said:Hello All
What account would you suggest open at Shawbrook that has minimum balance requirements?
I currently have Easy Access Account Issue 34 where minimum balance is £1000 at 3.91%
Tandem & Principal BS are offering more than that.
Suggestions?
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Oxbury -> 4%If you want me to definitely see your reply, please tag me @forumuser7 Thank you.
N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.3 -
ForumUser7 said:Oxbury -> 4%it looks like my existing account has been updated too (they've updated the AER rate showing on the current issue rather than creating a new issue - so none of the usual opening/closing nonsense required as per their notice accounts new issues).the monthly gross rate is still showing as 3.83% (4.00% AER in the account title), but that tends to get updated overnight, so should say 3.93% tomorrow.0
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Requires a Base Rate uplift of at least 0.5% tomorrow for the Skipton BR Tracker Issue 3 (BR - 0.9%) to remain competitive.3
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But I think the T&C's only allow one EA account, so if you already hold iss. 34...janusdesign said:
I think all Shawbrook accounts have a £1k balance requirements - but that said, that is only the balance required to get the headline rate of 3.91%, I don't think there is anything to stop you having a lower balance, e.g £1 - it's just that the rate on that £1 would be 0.05%.ChewyyBacca said:Hello All
What account would you suggest open at Shawbrook that has minimum balance requirements?
I currently have Easy Access Account Issue 34 where minimum balance is £1000 at 3.91%
Tandem & Principal BS are offering more than that.
Suggestions?0 -
4.11% now 👍ForumUser7 said:Oxbury -> 4%2 -
Wow, 2 increases in one day - MoneyFacts now updated to reflect 4.11%housebuyer143 said:
4.11% now 👍ForumUser7 said:Oxbury -> 4%If you want me to definitely see your reply, please tag me @forumuser7 Thank you.
N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.2 -
I suspect the OP is looking to keep his Shawbrook account open whilst moving funds elsewhere - if that is so, they'll still only have one EA account with Shawbrook, but most of the funds previously in it will be moved to other banks.Barkin said:
But I think the T&C's only allow one EA account, so if you already hold iss. 34...janusdesign said:
I think all Shawbrook accounts have a £1k balance requirements - but that said, that is only the balance required to get the headline rate of 3.91%, I don't think there is anything to stop you having a lower balance, e.g £1 - it's just that the rate on that £1 would be 0.05%.ChewyyBacca said:Hello All
What account would you suggest open at Shawbrook that has minimum balance requirements?
I currently have Easy Access Account Issue 34 where minimum balance is £1000 at 3.91%
Tandem & Principal BS are offering more than that.
Suggestions?
1 -
It is quite striking. I initially though they got caught off guard by Tandem and having already prepared the 4% announcement, they went ahead and then went back to the drawing board. However, since the Tandem announcement was yesterday you would have thought Oxbury had time to adjust their announcement and gone straight in with 4.11%. I wonder if they have a feeling tomorrow's 0.25% hike isn't quite so cut and dried as concensus estimates suggest.ForumUser7 said:
Wow, 2 increases in one day - MoneyFacts now updated to reflect 4.11%housebuyer143 said:
4.11% now 👍ForumUser7 said:Oxbury -> 4%
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