The Top Easy Access Savings Discussion Area

Bigwheels1111

masonic said:

Sg28 said:

Freedommm said:

Ok, I applied with Ford Money, used another address of mine. Instantly received a happy email, that account will be opened! No issues! 4.05% from 29th June! 

You have more than 1 address? I think thats your problem then. However you still shouldnt be getting accounts declined. You may get asked for proof of ID and proof of address if they cant electronically verify your identity. 

You still need to find the issue as a matter of urgency. 

I can think of at least a couple of scenarios where this use of different addresses would lead to outright rejections. I suspect there's more to this than we've been told.

Ive applied for Bank accounts & savings accounts at 2 addresses, my house and the wifes without issue.

I had split old credit cards and bank accounts between both.

jaceyboy

Does anyone find Shawbrook a little eratic in paying interest? I seem to get it on random days on the month!

pecunianonolet

stehouk said:

Zopa 3.92% instant access
7 day boosted 3.96%
31 day boosted 4.06%
95 day boosted 4.16%

Disappointing rates, my balance will stay the same, 0

FindingBBob

Freedommm said:

Ok, I applied with Ford Money, used another address of mine. Instantly received a happy email, that account will be opened! No issues! 4.05% from 29th June! 

I hope you still have access to that address as they send out codes for validation via the post. Dont put any money in or it may be a struggle getting out again. 

BreakingGlass

jaceyboy said:

Does anyone find Shawbrook a little eratic in paying interest? I seem to get it on random days on the month!

Yes indeed - a spread of 3 or 4 days, and not related to weekends/working days either. 

Dustybee

Cynergy have upped their Easy Access Account rate to 4.12% according to their website but when I've tried to open the new account when logged on it's still showing the old rate of 3.71%.  

jimexbox

pecunianonolet said:

stehouk said:

Zopa 3.92% instant access
7 day boosted 3.96%
31 day boosted 4.06%
95 day boosted 4.16%

Disappointing rates, my balance will stay the same, 0

Ditto 

Tandam for instant access and oxbury for my notice. 

kiss_me_now9

janusdesign said:

kiss_me_now9 said:

I'm looking to open a new savings account. Is it worth waiting a few more weeks or do it now with one of the accounts mentioned (would probably be Oxbury as I'd want instant access, no cap on withdrawals and I can't guarantee a set amount in each month due to being on mat leave)? Currently got my savings in my Starling account, which I'm also in the process of changing to HSBC for their £200 switch reward offer. 

with Oxbury, deposits are quick but withdrawals wouldn't necessarily be "instant" (though seemingly that word means different things to different people lol) - it should be same working day if before 1pm, after that it would be the next working day... for Oxbury, I think a working day would be defined as Monday to Friday (the days they work), so I guess a withdrawal on Friday 2pm wouldn't arrive until the following Monday.

if you need withdrawals immediately (or within mins), then you should probably look at Atom, Chip or Tandem - Cynergy would be quick, but their interest rate is lower than all the above.

Within that time frame would work for me (and might even be advantageous, as I am prone to an impulse buy!). Highly unlikely that I'd need an amount that isn't in my current account within the hour if you get me, and if I truly did I have a few people who would be able to cover me short term until it was transferred back 

Zopa_Trooper

It seems to me that the likes of Zopa and Atom (among others) have given up on the fight to be top of the shop and are just increasing rates to what they think they can get away with. Enough to hold on to what they've got, no more and certainly not challenging Tandem. They are relying on people being too lazy to move for a few pence more. They are probably right. 

Barkin

Steve_xx said:

Barkin said:

Hmmmmm... 

I wish users wouldn't post this type of thing. Subscribers to the forum each receive an email link to this. There's zero content, and therefore zero benefit to anybody.

Yet there are literally dozens of equally non-beneficial "I wonder if <insert bank here> will raise their rate" posts that pass without comment.

Hmmmm... 

It's just conversational, innit!