The Top Easy Access Savings Discussion Area

Givens

crumpet_man said:

Fatherjacob said:

Futuristic said:

For those big savings (£85k or more) could just go with Virgin money private which has -0.25% below base rate with £25/m fee still would end up with more then NBS. https://uk.virginmoney.com/private/savings/private-savings-account/

Is this an easy access ? if so it should be the go to for most people .
Im considering the fixed term option for my savings ,but still cant bring myself to tying up large sums for 1 year. 
If this Virgin account is correct ,im all over it

You need a virgin money private banking account which has a £25 per month fee.  Then you need more than approx £56k in the savings account to outweigh the monthly fee.

Any extras for the £25 a month?

cymruchris

Aidanmc said:

My first deposit to Newcastle BS  tracker acc arrived in about 15mins. I made a second deposit and still not showing 4hrs later.

Both deposits using account number as the reference

Just to clarify - do you mean the account number given when you applied (Which was a temporary number for initial funding for single use)? Or the 'real' account number given when you had later accessed the account online?

Fatherjacob

Apparently for the virgin money to work ,you not only need £25 paid pcm , you also need £100000 of investable assests ..cash?
income of £75000 is also an option ,or joint income of £100000

BreakingGlass

Aidanmc said:

My first deposit to Newcastle BS  tracker acc arrived in about 15mins. I made a second deposit and still not showing 4hrs later.

Both deposits using account number as the reference

My second £1 deposit (using account number, for initial one I used reference) has just arrived.  I made the transfer from Nationwide at 1345hrs, so about two and a half hours.

Bridlington1

For those who recently applied for the Monmouthshire BS Limited Access Saver at the now uncompetitive rate at 4% if you haven't already it may be worth applying for one of their Easy Savers. This is because for both accounts you will need to send them an online signatory form in a prepaid envelope they will send you. The forms for both accounts can be sent to them quite happily in the same envelope leaving you with a spare prepaid envelope in case they launch another branch/post opening account that's competitive in the future. Just a thought for those wishing to cut down on their future postage costs.

Aidanmc

Steve_xx said:

Aidanmc said:

My first deposit to Newcastle BS  tracker acc arrived in about 15mins. I made a second deposit and still not showing 4hrs later.

Both deposits using account number as the reference

At what time was your first deposit sent? It may be that they'll have a cutoff time of say 2pm.

First one around 11.30, second one just after 12.

Both times i used the real account number as the reference field not the application number

edit. Just arrived, so the timescales are quite random and patience required!

Steve_xx

Aidanmc said:

Steve_xx said:

Aidanmc said:

My first deposit to Newcastle BS  tracker acc arrived in about 15mins. I made a second deposit and still not showing 4hrs later.

Both deposits using account number as the reference

At what time was your first deposit sent? It may be that they'll have a cutoff time of say 2pm.

First one around 11.30, second one just after 12.

Both times i used the real account number as the reference field not the application number

edit. Just arrived, so the timescales are quite random and patience required!

I reckon they must do it in batches. 

10_66

Steve_xx said:

Aidanmc said:

Steve_xx said:

Aidanmc said:

My first deposit to Newcastle BS  tracker acc arrived in about 15mins. I made a second deposit and still not showing 4hrs later.

Both deposits using account number as the reference

At what time was your first deposit sent? It may be that they'll have a cutoff time of say 2pm.

First one around 11.30, second one just after 12.

Both times i used the real account number as the reference field not the application number

edit. Just arrived, so the timescales are quite random and patience required!

I reckon they must do it in batches. 

I made a payment at around 2.45pm and it appeared quite quickly.

Futuristic

Givens said:

crumpet_man said:

Fatherjacob said:

Futuristic said:

For those big savings (£85k or more) could just go with Virgin money private which has -0.25% below base rate with £25/m fee still would end up with more then NBS. https://uk.virginmoney.com/private/savings/private-savings-account/

Is this an easy access ? if so it should be the go to for most people .
Im considering the fixed term option for my savings ,but still cant bring myself to tying up large sums for 1 year. 
If this Virgin account is correct ,im all over it

You need a virgin money private banking account which has a £25 per month fee.  Then you need more than approx £56k in the savings account to outweigh the monthly fee.

Any extras for the £25 a month?

Choose the Private Account (not tracker) to get travel insurance + lounge etc:

https://uk.virginmoney.com/private/benefits-and-services/

pokemaster

I opened the account this morning (around 9.10am) it appeared within an hour I then made a £100 deposit at 12.11pm and it took 4hrs to appear in the account, I already had accounts with them, guess they just like to leave me on the bottom of the pile :-(