The Top Easy Access Savings Discussion Area

Mr_blibby

ForumUser7 said:

t33 said:

Have been bogged down with other stuff, so not au fait at the moment.  What banks/BS have announced they are increasing rates following the last BofE increase but are yet to do so?

I can think of YBS, Charter Savings offhand.  Any others?

Thanks

• Hanley Economic BS 01/07/2023
• Earl Shilton BS 01/07/2023
• Skipton BS 03/07/2023
• Hinckley and Rugby BS 03/07/2023
• Kent Reliance 11/07/2023
• West Brom BS 12/07/2023
• Yorkshire BS Date TBC, but they will be increasing rates
• Coventry BS Date TBC, but they will be increasing rates
• Leek BS Considering impact, reviewing rates
• Principality Considering impact, reviewing rates
• Darlington Considering impact, reviewing rates
• Ecology Considering impact, reviewing rates
• Leeds BS Considering impact, reviewing rates
• Nationwide BS Considering impact, reviewing rates
• Scottish BS Considering impact, reviewing rates
• Buckinghamshire BS Considering impact, reviewing rates
• Newbury BS Considering impact, reviewing rates
• Furness BS Considering impact, reviewing rates
• Chorley BS Considering impact, reviewing rates

Investec told me today they review on 1st July

ircE

Newbury BS:

Our savings interest rates will increase across our product range by up to 0.50% on average, depending on the account. This will be effective from 14 July 2023.  The exact amount of the increase will vary according to account type, and we will update interest rate notices in our branches and on our website. A list of these changes will be available on this page in the coming days.

Welcome potentially up to 4.05%, EMA potentially up to 4.25% wef 14th July. Do I dare race @ForumUser7 to see who relays the new rates back here first?

Kazza242

According to Moneyfacts, Newcastle Building Society are launching Newcastle Base Rate Tracker (issue 1) account, paying 4.30%

Minimum opening deposit is £1.  Maximum investment is £250,000.  

The account can be opened online or in branch.  

Account matures on the 31/12/2025 into an easy access account.  

https://www.newcastle.co.uk/savings/easy-access-accounts/newcastle-base-rate-tracker-issue-1

wiseonesomeofthetime

Kazza242 said:

According to Moneyfacts, Newcastle Building Society are launching Newcastle Base Rate Tracker (issue 1) account, paying 4.30%

Minimum opening deposit is £1.  Maximum investment is £250,000.  

The account can be opened online or in branch.  

Account matures on the 31/12/2025 into an easy access account.  

That is way above any of their current rates and, if truly BoE minus 0.70% as clip suggests, would beat by Skipton Tracker of BoE -0.90%

Expect high demand and slow web server when it actually launches then, I guess.

Notice that annual and monthly interest options will be available.

wiseonesomeofthetime

Kazza242 said:

According to Moneyfacts, Newcastle Building Society are launching Newcastle Base Rate Tracker (issue 1) account, paying 4.30%

Minimum opening deposit is £1.  Maximum investment is £250,000.  

The account can be opened online or in branch.  

Account matures on the 31/12/2025 into an easy access account.  

That is way above any of their current rates and, if truly BoE minus 0.70% as clip suggests, would beat by Skipton Tracker of BoE -0.90%

Expect high demand and slow web server when it actually launches then, I guess.

Notice that annual and monthly interest options will be available.

Surely Chip wouldn't respond with a third increase in 9 days, would they???

AndyTh_2

wiseonesomeofthetime said:

Kazza242 said:

According to Moneyfacts, Newcastle Building Society are launching Newcastle Base Rate Tracker (issue 1) account, paying 4.30%

Minimum opening deposit is £1.  Maximum investment is £250,000.  

The account can be opened online or in branch.  

Account matures on the 31/12/2025 into an easy access account.  

That is way above any of their current rates and, if truly BoE minus 0.70% as clip suggests, would beat by Skipton Tracker of BoE -0.90%

Expect high demand and slow web server when it actually launches then, I guess.

Notice that annual and monthly interest options will be available.

Surely Chip wouldn't respond with a third increase in 9 days, would they???

I expect it'll be a short issue and revoked after a few days, maybe in favour of a larger negative on the base rate issue 2, which might make Chip ignore it

wiseonesomeofthetime

AndyTh_2 said:

wiseonesomeofthetime said:

Kazza242 said:

According to Moneyfacts, Newcastle Building Society are launching Newcastle Base Rate Tracker (issue 1) account, paying 4.30%

Minimum opening deposit is £1.  Maximum investment is £250,000.  

The account can be opened online or in branch.  

Account matures on the 31/12/2025 into an easy access account.  

That is way above any of their current rates and, if truly BoE minus 0.70% as clip suggests, would beat by Skipton Tracker of BoE -0.90%

Expect high demand and slow web server when it actually launches then, I guess.

Notice that annual and monthly interest options will be available.

Surely Chip wouldn't respond with a third increase in 9 days, would they???

I expect it'll be a short issue and revoked after a few days, maybe in favour of a larger negative on the base rate issue 2, which might make Chip ignore it

A la Skipton with their -0.90% first issue, then -1.10% follow up

BooJewels

Indeed, I opened the Skipton BRT issue 1 at -0.9% one evening and by the morning it was issue 2 at -1.1%.  Only just squeaked in.  I think issue 1 was only on sale for a few days.

razord

Online now: https://www.newcastle.co.uk/savings/easy-access-accounts/newcastle-base-rate-tracker-issue-1

ForumUser7

razord said:

Online now: https://www.newcastle.co.uk/savings/easy-access-accounts/newcastle-base-rate-tracker-issue-1

Did you get the message saying 2 working days to become active?