The Top Easy Access Savings Discussion Area

happybagger

where_are_we said:

Difference between Saffron Esaver issue 20 and My saver ? - ES20 interest can be annual or monthly, minimum opening deposit £10 - My saver interest annual only and minimum opening deposit £1. Have I missed anything?

Wondering which one to open or maybe both in case the variable interest rate changes in one but not the other, although I would imagine this is unlikely. I presume withdrawals will be next working day?

Maximum amounts (balance) you can pay in, big difference:

Mysaver £10k, esaver £500k

happybagger

Surprising increase from Saffron on esaver imo, Up 0.50%, just 6 days after they'd put an increase to 4.1% through.
All closed issues NLA also up to 4.6%

BreakingGlass

jaceyboy said:

Shawbrook up to 4.63 this morning!

Easy Access Account | Shawbrook

Not showing yet when I login to my Issue 36 - presume it will refresh overnight tonight.

Barkin

BigBlueSky said:

With Shawbrook Bank is there a cut-off for a transfer in/out to be made the same day ? - I assume working days only.

This is a recurring question. It's all detailed online, in the product t's&c's.

Does nobody read these? 

BigBlueSky

Barkin said:

BigBlueSky said:

With Shawbrook Bank is there a cut-off for a transfer in/out to be made the same day ? - I assume working days only.

This is a recurring question. It's all detailed online, in the product t's&c's.

Does nobody read these? 

Yes, but nothing beats personal experience.  In the past I've had the T&C's say one thing but in practice something else applies.  I know the T&C's mention next day but would like to know if this is in fact the case.

Thanks

ranciduk

BigBlueSky said:

Barkin said:

BigBlueSky said:

With Shawbrook Bank is there a cut-off for a transfer in/out to be made the same day ? - I assume working days only.

This is a recurring question. It's all detailed online, in the product t's&c's.

Does nobody read these? 

Yes, but nothing beats personal experience.  In the past I've had the T&C's say one thing but in practice something else applies.  I know the T&C's mention next day but would like to know if this is in fact the case.

Thanks

I recently made the minimum £500 withdrawal from Shawbrook 

i did it about 10am on the Monday and it arrived in my nominated account the day after about 2pm

janusd

BreakingGlass said:

jaceyboy said:

Shawbrook up to 4.63 this morning!

Easy Access Account | Shawbrook

Not showing yet when I login to my Issue 36 - presume it will refresh overnight tonight.

showing for me - but remember that if you get interest paid monthly, it will show 4.53% rather than 4.63%

BreakingGlass

janusdesign said:

BreakingGlass said:

jaceyboy said:

Shawbrook up to 4.63 this morning!

Easy Access Account | Shawbrook

Not showing yet when I login to my Issue 36 - presume it will refresh overnight tonight.

showing for me - but remember that if you get interest paid monthly, it will show 4.53% rather than 4.63%

Yes I do get interest monthly but it was showing 4.43%.  I just checked again after receiving rate rise text from Shawbrook and it has now changed to 4.53%.

wiseonesomeofthetime

happybagger said:

Surprising increase from Saffron on esaver imo, Up 0.50%, just 6 days after they'd put an increase to 4.1% through.
All closed issues NLA also up to 4.6%

Yes, I saw @Bridlington1 post, so checked my Issue 19, and was surprised to see it had increased to 4.60%

Had not seen any advance notice of this, not that I'm complaining.

That said, I only have a two-figure balance in this account, £10 being the minimum allowed for it to remain open, and don't feel inclined to add significant funds to it, now at 4.60%, as I believe my other accounts, with major funds, are likely to exceed this rate within the next week.

jak22

Good increase from Shawbrook - further ahead of Tandem and others who arent keeping up and even Coventry limited access. 

As some prefer to ask here rather than check T&Cs Shawbrook debit the account immediately but transfer the next working day (so avoid Fridays) and funds arrive PM. Credits arrive same day with notification.

This might imply 1+ day's lost interest on withdrawals so if shuffling funds it would take around two weeks per lost day in an account paying 0.25% more before breaking even - although while Shawbrook stay on top it's not an issue.