The Top Easy Access Savings Discussion Area

S_uk

Just to confirm another poster's experience before, I made a withdrawal from Newcastle BS today at 3.57pm and it cleared into my other account by the time I checked at 5.40pm. So it does appear that the lady I spoke with was correct in saying that it is same working day withdrawals if requested by 4pm.

patpalloon

UncleK said:

patpalloon said:

Moving my money out of shawbrook. No longer competitive and I don't like the slow transfers and convoluted log in process. Think I'll go for Atom 6 month fix 5.15%

Indeed - leaving a quid in there in case they improve - but plenty of other instant access accounts beat them these days

You can leave a zero balance.

patpalloon

Question for all - 

Would you leave more than 85k in any one institution?

UncleK

patpalloon said:

Question for all - 

Would you leave more than 85k in any one institution?

No              

soulsaver

patpalloon said:

Question for all - 

Would you leave more than 85k in any one institution?

Which of the Top Easy Access accounts are you talking about?

Rheumatoid

patpalloon said:

Question for all - 

Would you leave more than 85k in any one institution?

not unless it was protected funds from a house sale, etc.

poppystar

GalacticaActual said:

Nationwide Building Society are increasing instant access interest rates on the 14th July 2023 by 0.8% and again, for a few accounts by 0.2%, on the 1st August 2023:

PDF link: https://www.nationwide.co.uk/-/assets/nationwidecouk/documents/savings/smd723-5-july-23.pdf?rev=6517061bf2694e52a025a2fba47f0e42

• From 14 July, all its instant access deals will rise by up to 0.8 percentage points
• On 1 August, its Triple Access and Loyalty deals will rise by 0.2 percentage points

https://www.thisismoney.co.uk/money/saving/article-12265995/

And once again Nationwide seem confused by the word ‘loyalty’ …. 0.2% as opposed to the non loyalty accounts 0.8% 

mebu60

patpalloon said:

Question for all - 

Would you leave more than 85k in any one institution?

Generally no and I wouldn't want to rely on the temporary large balance option either if I could avoid it. 

I'm slightly over on Coventry at the moment due to FHS regular saver but not losing any sleep over it and will rebalance in due course. If Coventry goes down the pan we'll have different worries than a few £s lost.

SaveTheEuro

poppystar said:

GalacticaActual said:

Nationwide Building Society are increasing instant access interest rates on the 14th July 2023 by 0.8% and again, for a few accounts by 0.2%, on the 1st August 2023:

PDF link: https://www.nationwide.co.uk/-/assets/nationwidecouk/documents/savings/smd723-5-july-23.pdf?rev=6517061bf2694e52a025a2fba47f0e42

• From 14 July, all its instant access deals will rise by up to 0.8 percentage points
• On 1 August, its Triple Access and Loyalty deals will rise by 0.2 percentage points

https://www.thisismoney.co.uk/money/saving/article-12265995/

And once again Nationwide seem confused by the word ‘loyalty’ …. 0.2% as opposed to the non loyalty accounts 0.8% 

A shameful performance from the Nationwide. 

ranciduk

patpalloon said:

Moving my money out of shawbrook. No longer competitive and I don't like the slow transfers and convoluted log in process. Think I'll go for Atom 6 month fix 5.15%

Thats 2.57% for 6 months with atom 

opposed to 3.91% for 6 months with Shawbrook