The Top Easy Access Savings Discussion Area

Kazza242

Coventry BS will be increasing some of their variable rate accounts w.e.f 14/08/2023.

Four Access Saver Online (issues 1 & 2) will increase from 4.50% to 4.80%

First Home Saver (issue 1) 5.45% to 5.60%

First Home Saver (issue 2) 4.80% to 5.05%

Limited Access Saver Online (issues 1, 6, 7 & 8) 4.30% to 4.45%

See here

TiVo_Lad

Bridlington1 said:

Leeds BS are raising all their variable rate accounts by 0.25% from 15/8/23. This will take the limited Issue online access account issue 47 to 4.65%

Have you got the reference for that? The changes page says "some" of their accounts and the current issue 47 isn't on that list.

Nick_C

Kazza242 said:

Skipton BS will be increasing some of their variable rate accounts w.e.f 14/8/2023.

See here (PDF)

Thanks for that.

Noticeable by its absence - no increase on the Bonus Saver Issue 8 which will stay at 4.45%.  Disappointing.

Bridlington1

TiVo_Lad said:

Bridlington1 said:

Leeds BS are raising all their variable rate accounts by 0.25% from 15/8/23. This will take the limited Issue online access account issue 47 to 4.65%

Have you got the reference for that? The changes page says "some" of their accounts and the current issue 47 isn't on that list.

My sincere apologies for that, I really aught to learn to read the full details properly. I could've sworn I'd read that all members rates were increasing by 0.25% (possibly wishful thinking), but you are correct the list does not appear to include issue 47 so it looks like that will be stuck at 4.4%. My post has now been removed so apologies for misleading everyone there. 

TiVo_Lad

Bridlington1 said:

My sincere apologies for that. 

No apology necessary. Your posts are always informative and well received.

cadguy77

What's with the 2 week wait to increase rates?

Eirambler

cadguy77 said:

What's with the 2 week wait to increase rates?

Profit margins.

RedImp_2

Must admit when I opened my Chase account and opted for the round-ups ( I know it’s only generally pennies) I didn’t think the 5% offered would soon be caught up by ordinary accounts.
I’ll have to turn them off soon and transfer elsewhere!

SeriousHoax

Monument Bank 4.60%

https://www.monument.co/savings/easy-access-savings

jak22

It's a quirk of Coventry that they often announce soon after BoE but effective a little later - although the Tracker Mortgage isnt increasing until September so it's not all bad - and it's good to see the Limited access back to increasing with BoE - I doubt if anyone actually enjoys the process of shuffling funds due to accounts lagging behind.