The Top Easy Access Savings Discussion Area

RedImp_2

I haven’t had a Shawbrook EA account long but last two rate rises they applied automatically.  Not sure on what grounds they choose.  If I wasn’t a viewer of this forum wouldn’t know higher rate was available.

2010

Zaul22 said:

So many NBS accounts opened and about 30 pages of posts about them only to get beaten by Shawbrook 
And then probably Tandem and therefore Chip. 

When the BoE raises again, NBS tracker will go up the full amount.
Will the three mentioned above do the same?
Shawbrook`s the only one that`s gone slightly ahead anyway.

ForumUser7

Kent Reliance new rates effective 11th July - nothing to tempt me back!

https://www.kentreliance.co.uk/interest-rates

mebu60

ForumUser7 said:

Kent Reliance new rates effective 11th July - nothing to tempt me back!

https://www.kentreliance.co.uk/interest-rates

My £1 in the latest issue gets to stay at 3.65% while some of the older issues are slightly higher. All pathetically below market leaders. 

*Stacey*

I was expecting better rates from Kent Reliance seeing as they’re one of the last to update rates. That’s me moving to Shawbrook… 

dgpur

Every time I see something new with a higher rate on here it turns out to have a catch - £500 minimum transaction, £1000 minimum in the account, needs ID documents, limits how many times you can take money out in a year, requires you to sacrifice your second born child under a blood red moon…

Nope - I see nothing to tempt me away from the perfectly decent 4.26% and 4.25% of Chip and Ford. Tandem, Zopa, please?

S_uk

dgpur said:

Every time I see something new with a higher rate on here it turns out to have a catch - £500 minimum transaction, £1000 minimum in the account, needs ID documents, limits how many times you can take money out in a year

I'm glad I opened the Newcastle account now as there were none of these catches (I know some have had to provide ID but I didn't). I'm glad I can also do same working day withdrawals as it wasn't clear at first whether you could, which for me is a big advantage over shawbrook.

dgpur

S_uk said:

dgpur said:

Every time I see something new with a higher rate on here it turns out to have a catch - £500 minimum transaction, £1000 minimum in the account, needs ID documents, limits how many times you can take money out in a year

I'm glad I opened the Newcastle account now as there were none of these catches (I know some have had to provide ID but I didn't). I'm glad I can also do same working day withdrawals as it wasn't clear at first whether you could, which for me is a big advantage over shawbrook.

Yes, it does seem to have been a good prospect. Sadly I was too ill to take advantage before it closed. Maybe they’ll be back with an even better offer?

S_uk

dgpur said:

S_uk said:

dgpur said:

Every time I see something new with a higher rate on here it turns out to have a catch - £500 minimum transaction, £1000 minimum in the account, needs ID documents, limits how many times you can take money out in a year

I'm glad I opened the Newcastle account now as there were none of these catches (I know some have had to provide ID but I didn't). I'm glad I can also do same working day withdrawals as it wasn't clear at first whether you could, which for me is a big advantage over shawbrook.

Yes, it does seem to have been a good prospect. Sadly I was too ill to take advantage before it closed. Maybe they’ll be back with an even better offer?

Possibly. Ford is decent too but I only hold a pound in it now. I noticed Ford's time to withdraw by for same working day clearing is slightly earlier than Newcastle (1pm vs 4pm).

2010

S_uk said:

dgpur said:

Every time I see something new with a higher rate on here it turns out to have a catch - £500 minimum transaction, £1000 minimum in the account, needs ID documents, limits how many times you can take money out in a year

I'm glad I opened the Newcastle account now as there were none of these catches (I know some have had to provide ID but I didn't). I'm glad I can also do same working day withdrawals as it wasn't clear at first whether you could, which for me is a big advantage over shawbrook.

Finally got my authentication code today and made a small withdrawal at 1-30 pm, checked later and it had arrived into nominated account.
Cut off time for same working day,I believe is 4 pm.

The other point about receiving emails to say your payment has been received, I`ve never had one and have made four deposits since opening.