The Top Easy Access Savings Discussion Area

ForumUser7

tg99 said:

Did someone previously mention Secure Trust Access issue 7 rate had gone up? I’ve not funded yet and not received any rate change notification…..I have it down as 3.85% at time of application? 

https://forums.moneysavingexpert.com/discussion/comment/80160616/#Comment_80160616

aaj123

Anyone got experience of speed of withdrawals / deposits / loss of a day's interest in Secure Trust Bank EA?

10_66

Hanley Economic:  Has anyone here experienced how long it takes for Hanley to process a postal withdrawal from the Branch Saver, please?  I was advised that if withdrawal amount is less than £10k they will make payment by FP, but that's once they've actually commenced the process, and I've not yet attempted a withdrawal.

Qyburn

Zaul22 said:

It's not a requirement to be on the list but out of the top few: Chip, no because it's an app in the first place. Cynergy, basically yes. Shawbrook, Yes. Coventry, yes. 

That implies an assumption that apps are inherently secure without any need for passwords or other security. By default I would call Chip 0FA, "Zero Factor Authetication", because by default launching the app gives full control of the account, no password or biometrics or anything. At best you can add a four digit PIN.

Freebird53

Beddie said:

Freebird53 said:

Do all these savings accounts use 2FA?

No, they do not. Only you can decide if that's an issue. It's not, for me.

Thankyou for the reply.

It is for me!

mebu60

I have just cleared out Charter (£1 balance) and significantly reduced Gatehouse.
So you can thank me later when their rates increase. 

TiVo_Lad

mebu60 said:

I have just cleared out Charter (£1 balance) and significantly reduced Gatehouse.
So you can thank me later when their rates increase. 

Ditto Hampshire Trust Bank

SaveTheEuro

TiVo_Lad said:

mebu60 said:

I have just cleared out Charter (£1 balance) and significantly reduced Gatehouse.
So you can thank me later when their rates increase. 

Ditto Hampshire Trust Bank

Ditto Hampshire Trust Bank and Tandem

friolento

Qyburn said:

Zaul22 said:

It's not a requirement to be on the list but out of the top few: Chip, no because it's an app in the first place. Cynergy, basically yes. Shawbrook, Yes. Coventry, yes. 

That implies an assumption that apps are inherently secure without any need for passwords or other security. By default I would call Chip 0FA, "Zero Factor Authetication", because by default launching the app gives full control of the account, no password or biometrics or anything. At best you can add a four digit PIN.

Agree that an app isn't inherently safe but I don't have concerns about Chip. I use FaceID for Chip.

The worst a hacker could do with my Chip account is make a withdrawal to my linked current account. If the hacker also has access to my current account, the problem appears to lie with myself rather than with the lack of 2FA at Chip. Similar applies to others such as Tandem

brucefan_2

mebu60 said:

I have just cleared out Charter (£1 balance) and significantly reduced Gatehouse.
So you can thank me later when their rates increase. 

Gatehouse EA account not available to new customers at the moment.

Website still stating that the EA account is 'under review'