The Top Easy Access Savings Discussion Area

Cosmic_Life

I opened the account Friday and funded it today, it shows interest as 4.45% so there should not be a need to ask them to do anything - as long as the account is funded.

ChewyyBacca

pecunianonolet said:

Same for me, only showing 3.83% gross and I put £1.01 in via Debit Card and payment isn't fully cleared yet.

I think payment through card is why the rate is 3.83%. but seems arbitrary. If DC payment is not cleared yet (may take upto 2 days, as per general Ts&Cs) why show reduced rate?

I will ring them up tomorrow to confirm & will post update later.

myth123

RE: Skipton Bonus saver. I funded by debit card and it takes about 2 working days for the money to be payable. The lower rate was showing until today, it is now at the advertised bonus rate.

ForumUser7

Sainsbury’s Defined Access New Issue 47 - will show on their site in the morning.

Cosmic_Life

"Sainsbury’s Defined Access New Issue 47 - will show on their site in the morning."

Thanks for the info, Issue 47 opened and contents of issue 46 transferred.  Moved a chunk out of issue 46 yesterday to Skipton, should have known Sainsbury would up their offering

ranciduk

For anyone with TSB savings pots - I just noticed mine have gone up to 3.04% today 

tg99

From the updated Chip terms and conditions:

• Section 15.1.7: addition to cover that excessive deposits and withdrawals (i.e. spamming the app) is a breach of our acceptable behaviour terms. 

refluxer

ranciduk said:

For anyone with TSB savings pots - I just noticed mine have gone up to 3.04% today 

Have you thought about looking into better-paying alternatives to that type of account ? You'll get around 1% more with Zopa (for example) who allow up to 10 pots, IIRC. They're not among the highest-paying easy access accounts at the moment though so there may be other banks I'm not aware of, who also offer accounts with pots.

Bridlington1

tg99 said:

From the updated Chip terms and conditions:

• Section 15.1.7: addition to cover that excessive deposits and withdrawals (i.e. spamming the app) is a breach of our acceptable behaviour terms. 

I've just messaged them in the app to try and find out how many deposits and withdrawals are seen as "excessive" and the response was as follows:

boingy

Bridlington1 said:

tg99 said:

From the updated Chip terms and conditions:

• Section 15.1.7: addition to cover that excessive deposits and withdrawals (i.e. spamming the app) is a breach of our acceptable behaviour terms. 

I've just messaged them in the app to try and find out how many deposits and withdrawals are seen as "excessive" and the response was as follows:

What sort of spamming are they talking about? Is it to stop folks making loads of £1.01 debit card deposits to get round-ups?