The Top Easy Access Savings Discussion Area

soulsaver

4.20% is now qualifying rate for ToTP 10.

So 'The Drop Zone' - current ToTP 'Cull' candidates:

The Drop Zone...

Gatehouse even if 4.15% becomes available.

12 Secure Trust Bank Access Ac £1k min op bal. (& ongoing deposits min £1k) 4.15% (04/07) Access Account (securetrustbank.com) 

13 Cynergy O/L EA iss 62  4.12% (23/06) Cynergy Bank

14 Oxbury EA 4.11% £1k min (22/06) Savings Accounts | Oxbury | The Agricultural Bank 

15 Tandem 4.10% inc top up bonus. app only (20/06) Tandem Instant Access Savers

16 Kroo C/A 4.10% App only (01/07) Kroo Current Account - Kroo: Award-winning free accounts

17 Al Rayan, Everyday Saver  4.07% AER (4.00% EPR) (23/06)     https://www.alrayanbank.co.uk/savings/everyday-saver-issue-3 

18 Close Bros 4.02% £10k min for rate (29/06) Easy Access Account | Close Brothers - Savings (closesavings.co.uk)                                                 

pecunianonolet

soulsaver said:

pecunianonolet said:

CheekyMikey said:

simoncorkswill1 said:

Chip has been on 4.21 for a while , is there any reason it’s excluded from the produced tables/lists ?

Chip is 4.26

Welcome move by Chip to increase rates by 0.05%. Seriously? Is Chip moving into Smartsave territory or is the air getting thinner of what they can offer?

They've always previously gone to the top EA rate, haven't they?
They were also slow to respond last time.

Yes, they have pretty much always claimed the top spot, especially as this is what their marketing message claims

Better returns,
faster than the banks.

Starting with a highly competitive 4.26% AER on your deposits paid by Chip. We give you more for your money, effortlessly.

Forget waiting for annual payouts from high street banks rewarding you less than 1% -  forget endlessly signing up to multiple banks, or trying to catch the latest flash deal that’s gone tomorrow.

Leave it to us - one savings app, one instant access savings account, no fuss.

How many "flash deals" did we have recently with the most recent NBS deal causing 30 or so pages discussion and now FBS leading. Maybe the 0.09% to match FBS is the price to pay for "no fuss" and 24/7 instant access?

The spread between 5% BOE and 4.26% AER of 0.74% should be enough to cover overhead and operational cost and leave room for profit. I know it took a while for Chip to actually report profit. Very different story for high street giants having to operate branches, a lot more staff but in turn they make big profits with lending and turn over trillions globally

Imho, easy access should be at least at 4.5% now and promotional accounts above that. Anyhow, should not complain, my Euro easy access with Renault Bank gives me 2.3% when ECB base rate is at 4% 

simoncorkswill1

Someone was asking about Family b/soc and transfer times etc , they need request before 2pm for same day t/f and only 25k max per day. Arrives around 5/6 pm .

dingling68

@soulsaver and other rate trappers, clicking thanks on various posts doesn't seem enough to express my gratitude for all the work you all do. I also sometimes miss posts too.

So thank you, it is much appreciated 

Nick_C

dingling68 said:

@soulsaver and other rate trappers, clicking thanks on various posts doesn't seem enough to express my gratitude for all the work you all do. I also sometimes miss posts too.

So thank you, it is much appreciated 

Easy to miss informative posts when there are so many uninformative ones!!!

soulsaver

dingling68 said:

@soulsaver and other rate trappers, clicking thanks on various posts doesn't seem enough to express my gratitude for all the work you all do. I also sometimes miss posts too.

So thank you, it is much appreciated 

So is the thanks...

And while we're 'back patting', I'd like to add my appreciation to those who feed in the info. 

infoadict

Charter Bank - from email

"Following the recent Bank of England Base Rate change, the interest rate on your Easy Access Issue 28 will increase to 4.00% Gross* (4.00% AER**) on 07 July 2023. This will happen automatically, there’s nothing you need to do."

This is only on balances above £5,000, below is 0.10% - Yawn

t33

infoadict -I just got a similar email from Charter Savings, your Issue 32 will increase to 3.64% AER.  And I guess I'm supposed to be cheering.  Really dissatisfied in how Charter are operating.  Will vote with my feet once their new issue rate is announced but think I'm offski.

oz0707

infoadict said:

Charter Bank - from email

"Following the recent Bank of England Base Rate change, the interest rate on your Easy Access Issue 28 will increase to 4.00% Gross* (4.00% AER**) on 07 July 2023. This will happen automatically, there’s nothing you need to do."

This is only on balances above £5,000, below is 0.10% - Yawn

I've had that email. Rubbish .25% rise have previously been around the top 10 rates

Anyone have any idea what aldermore are planning with their double access?

oz0707

Also does anyone know why ford are showing as 4.25% on the top 10 but my account email states 3.98%