The Top Easy Access Savings Discussion Area

Stompa

Zaul22 said:

Now that Zopa and Cynergy have, I think that's all the major players that have made their move now.
YBS is the only one left that I can think of. 

Coming soon apparently: https://www.ybs.co.uk/boe-rate-change

Bridlington1

ForumUser7 said:

mamoulian666 said:

So Principality is top again, at 4.15%, but the last few weeks shows that they won't update fast enough to keep at the top. Their max 2 withdrawals per calendar year puts me off using it if I'm likely to want to switch out again in less than a month.

Closure counts as the second withdrawal, and if it's not the leading rate I'm happy to close it, but:

- interest is calculated daily but paid yearly, in January. The T&Cs say that if you close the account you won't lose interest but doesn't state how it will be paid if your account is closed - anyone know?

- if the account is closed can a new Online Double Access be opened?

1. When you request closure, interest will be paid into the account then the account will be closed I believe, so balance with interest is paid out. This is how it worked when I closed a Regular Saver Bond early
2. No clue - I see no reason why not, but worth asking them

I am living proof that if you close the Online Double Access account a new one may be opened. The same goes for the YBS rainy day account for that matter, I've "refreshed" both of these in the past year. 

Bridlington1

Well after catching up on the last 32 pages of this thread all I can now say is what a week this has been.

soulsaver

ToTP updated, see link in signature box.

I'm leaving the 'By Their Fingernails' in place until next week as I suspect we'll be hearing from some of them soon...

PixelPound

soulsaver said:

ToTP updated, see link in signature box.

I'm leaving the 'By Their Fingernails' in place until next week as I suspect we'll be hearing from some of them soon...

How long do you think? Just wonder if it's worth waiting another week to see how the land lies before moving (yes as it's easy access I could move and then move again if anything better became available lol)


Stompa said:

Zaul22 said:

Now that Zopa and Cynergy have, I think that's all the major players that have made their move now.
YBS is the only one left that I can think of. 

Coming soon apparently: https://www.ybs.co.uk/boe-rate-change

But probably a lot less than the 0.5% their fixed mortgages went up by. Strange that.

PixelPound

RedImp_2 said:

Black_Cat2 said:

Is there a minimum amount you have to leave in the Santander account?  It's time for me to move my money 😺

I apparently have a saver account with Santander with nothing in it, I found it harder to close than open a new account generally 😀

Probably not that unusual, I had the halifax regular saver and after a year it was lumped into an everyday saver. I transferred the money elsewhere and could close the everyday saver, but not the regular saver that you had to contact them to do (either by long call waiting or in the app via a contact back which is as equally unsatisfying as you might wait an hour or so for a human to come back and help you close!!)

BooJewels

I've found the same with Halifax - I have several everyday savers that were originally used as organisational pots, but haven't been able to close them on-line.  I need a sort out of balances, then ring to close several together.

TisMeBill

I think Chip are going to have to move soon if they don't want to lose a lot of business, from next Saturday the Kroo current account beats them by 0.1% and is much friendlier to use!

wiseonesomeofthetime

TisMeBill said:

I think Chip are going to have to move soon if they don't want to lose a lot of business, from next Saturday the Kroo current account beats them by 0.1% and is much friendlier to use!

Apparently only if you know the date of birth of anyone sending you money, if you believe some forum threads, here and elsewhere.

Personally, never had an issue. But then, any money coming in would be my own and I am pretty sure I know my own date of birth

bertsilver

I can't access the Tandem app, any one else?