The Top Easy Access Savings Discussion Area

SJMALBA

Nath4n said:

Shawbrook Easy Access now showing as 4.35% on their website. Logging in my Easy Access still shows 3.84% (monthly). Not sure if this is a new access, or if existing accounts will also be uplifted? Apologies if already flagged.

Flagged yesterday, but unlike the previous couple of increases, it doesn't look like earlier issues are been automatically increased, so you will have to message them to change your issue for the higher rate.

EDIT: Not for the first time, @ForumUser7 beat me to it!   

charlie12525

ForumUser7 said:

Nath4n said:

Shawbrook Easy Access now showing as 4.35% on their website. Logging in my Easy Access still shows 3.84% (monthly). Not sure if this is a new access, or if existing accounts will also be uplifted? Apologies if already flagged.

Shawbrook does not always upgrade existing issues - you will need to contact them - unless you just want to move funds and arrange the new issue yourself.

I sent them a secure message and they changed my easy access account to the new issue.
The advantage of doing it this way rather than opening the new account yourself is that the account number remains the same.
Might help reduce admin for some people.

Nath4n

ForumUser7 said:

Nath4n said:

Shawbrook Easy Access now showing as 4.35% on their website. Logging in my Easy Access still shows 3.84% (monthly). Not sure if this is a new access, or if existing accounts will also be uplifted? Apologies if already flagged.

Shawbrook does not always upgrade existing issues - you will need to contact them - unless you just want to move funds and arrange the new issue yourself.

Thanks for the heads up. I just called them on 0345 266 6611 and was able to get through to an advisor within a couple of minutes. I currently have 'Issue 35' and there are 'no current plans' to uplift this one to 4.35/4.27%. The new issue is 'Issue 36', and the advisor was able to convert my account to this very quickly and easily. Happy days.

Edit: And helpful replies above indicate it can also easily be done via secure message on internet banking. Much simpler than opening a new account!

Kayfabe

Also upgraded my Shawbrook to issue 36 via Secure Message - was done in about 20 mins (great service).

Still nothing from me from NBS after sending ID docs in >1 week ago.  

SJMALBA

Re. NBS and deposit email notifications, for the first time. I have just received such an email, circa. 15 mins after the deposit was made. 

Nick_C

2010 said:

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.

As savings accounts perhaps, but the Chase current account is an excellent product.

I earned £14.25 cashback last month for using the debit card in the US.  I got a perfect exchange rate, and withdrew cash from a Chase ATM with no fee.

I'm still using my Chase Savings account as well.  I have 14 scheduled monthly payment set up from it.  The Chase Savings account - with the ability to make Standing Orders and set up Direct Debits while paying 3.8% interest - remains a fantastic product, and is a brilliant feeder account for my regular savers and other current accounts.

But not a top easy access savings account any more.

jaypers

Echoing @Nick_C about Chase. I find their overall product offerings excellent. Savings wise they have fallen behind a little, but for a ‘Bank’ they are just about keeping their head above water. Things I like……

- The cashback on purchases.
- No restrictions on accounts I can move money to/from.
- Foreign usage and no charges.

Sg28

Nick_C said:

2010 said:

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.

As savings accounts perhaps, but the Chase current account is an excellent product.

I earned £14.25 cashback last month for using the debit card in the US.  I got a perfect exchange rate, and withdrew cash from a Chase ATM with no fee.

I'm still using my Chase Savings account as well.  I have 14 scheduled monthly payment set up from it.  The Chase Savings account - with the ability to make Standing Orders and set up Direct Debits while paying 3.8% interest - remains a fantastic product, and is a brilliant feeder account for my regular savers and other current accounts.

But not a top easy access savings account any more.

I kept mine too, I actually use the current account as my main bank now, and keep a small amount of "spending money" in the saver for when I want it. 

jak22

Still no sign of improvement from Tandem.

It makes sense to keep some funds in accounts with a lower rate but are truly instance to a current a/c, but this is a top EA thread and significant savings left in an account that every month lags by 0.5% costs you £50 a year for every £10K held for those benefits.

My recollection of NBS was phone calls were needed to chase after sending ID by post to find out there was a difference of opinion as to what's valid (PDF etc) between what's written on the website and whoever processed it, and finally to give up and request return of initial funds.

Barkin

Nath4n said:

ForumUser7 said:

Nath4n said:

Shawbrook Easy Access now showing as 4.35% on their website. Logging in my Easy Access still shows 3.84% (monthly). Not sure if this is a new access, or if existing accounts will also be uplifted? Apologies if already flagged.

Shawbrook does not always upgrade existing issues - you will need to contact them - unless you just want to move funds and arrange the new issue yourself.

Thanks for the heads up. I just called them on 0345 266 6611 and was able to get through to an advisor within a couple of minutes. I currently have 'Issue 35' and there are 'no current plans' to uplift this one to 4.35/4.27%. The new issue is 'Issue 36', and the advisor was able to convert my account to this very quickly and easily. Happy days.

Edit: And helpful replies above indicate it can also easily be done via secure message on internet banking. Much simpler than opening a new account!

I'm pretty sure the T's&C's state that you can't have more than one account.