The Top Easy Access Savings Discussion Area

patpalloon

jak22 said:

Not only is Shawbrook next working day but the online balance seems to be debited straight away. If this is implies losing a day's interest then it would take 3 weeks for a 0.2% increase to break even - worth bearing in mind if Shawbrook respond to the last BoE rise soon after moving funds out.

I must admit I'm not a huge fan of Shawbrook - no app, log in is convoluted, transfers in/out take time plus min £500 withdrawal. I'll move to Atom which ticks all those boxes.

patpalloon

Which are the highest paying EA accounts that also offer monthly interest (like Tandem for example). I'm not interested in ones that only pay annually.

janusd

patpalloon said:

Which are the highest paying EA accounts that also offer monthly interest (like Tandem for example). I'm not interested in ones that only pay annually.

Moneyfacts will give you a list if you filter for only monthly interest...

top of the list (if you exclude Raisin) would be Oxbury - potentially Coventry BS might top that when they update their rates, but that would only be a limited access account.

Al Rayan @ 4% EPR (4.07 AER) should probably be on that list too.

AndyTh_2

Chip is now showing 4.21% AER interest on it's Instant Access

GalacticaActual

AndyTh_2 said:

Chip is now showing 4.21% AER interest on it's Instant Access

Thanks for the information. Just received a notification via the app/iPhone 

Yellowman

AndyTh_2 said:

Chip is now showing 4.21% AER interest on it's Instant Access

What is the gross monthly on this?

AmityNeon

Yellowman said:

AndyTh_2 said:

Chip is now showing 4.21% AER interest on it's Instant Access

What is the gross monthly on this?

4.13% gross monthly.

Zerforax

Guess its time to open a Chip account..

Has anyone had issues with transferring money from Chip? Tempted to now move all our saving funds into Chip. In the past we split across 2 or 3 providers but we don't need regular access to it other than for emergencies.

alternate

A bunch will be matching it so I would not rush.

Doctor_Who

Zerforax said:

Guess its time to open a Chip account..

Has anyone had issues with transferring money from Chip? Tempted to now move all our saving funds into Chip. In the past we split across 2 or 3 providers but we don't need regular access to it other than for emergencies.

I've had no problems with multiple deposits and withdrawals over a couple of months. I do keep money in another EA account just in case I can't access Chip for some reason.