The Top Easy Access Savings Discussion Area

janusdesign

oz0707 said:

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

this is the email I got showing the old rate (3.98%) and the new one (4.17%)...

my account is correctly showing as 4.17% (monthly interest) in both the app and the website.

mebu60

Nick_C said:

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!!!

Informative is in the eye of the beholder on a discussion thread.

There's always the very informative No Chat thread.

oz0707

I'm going to have to log in and check

oz0707

Oh it's cause we are on monthly interest not annual?

InvesterJones

oz0707 said:

Oh it's cause we are on monthly interest not annual?

Monthly is 4.17%, not 3.98 (that was the previous rate)

GalacticaActual

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/

patpalloon

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%

UncleK

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

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.