The Top Easy Access Savings Discussion Area

RedImp_2

Reading about the government calling bank leaders in about failure to raise savings rates as quickly as borrowing rates, I’ve got an Everyday Saver with Santander that they opened when one of my previous accounts matured but I don’t use.  I managed to add it to my app and I can see the interest rate on that is 0.85%.  For all the people who use this forum actively switching accounts there must be thousands (millions?) of people who are not financially savvy with money in accounts like these.

Krakkkers

If everyone was financially savvy then the rates would be lower.

Eirambler

Absolutely, it will only be a relatively small number of people that shift their savings around like this, most people will just have their few thousand of savings in the Nationwide or Nat West at 1% (if even that) and will have never heard or Shawbrook or Tandem etc.

4justice2

Marcus up to 4% this morning. 

2010

4justice2 said:

Marcus up to 4% this morning. 

Too little too late.

UncleK

2010 said:

4justice2 said:

Marcus up to 4% this morning. 

Too little too late.

they have lost the plot or just have other things to do

jjmmww1

4justice2 said:

Marcus up to 4% this morning. 

Saved me moving the small amount i had in there for 4.1% then 

fabsaver

Family BS Online Saver (5) 4.35% has been withdrawn from sale.

2010

Marcus and Chase are old hat now.

Remember when Chase came out, people were actually buying a new phone to use their app to open a saver account but first you needed to open a current account.

cadguy77

@soulsaver

Has it been noted FBS Online Saver (5) is NLA?