The Top Easy Access Savings Discussion Area

Cold_comfort

My Community Finance Easy Access Account (NLA) AER increased from 4.31% to 4.61% for balances of 20k and above

Futuristic

Zopa_Trooper said:

Bridlington1 said:

Well there's now been a 0.25% rise in the base rate taking it to 5.25%. This will see the following NLA accounts EA rise:

HEBS Branch Saver to 5.25% from 1/9/23

Newcastle BS tracker to 4.55% at some point before 10/8/23

Skipton tracker Issue 3 to 4.35% at some point before 17/8/23

Skipton tracker Issue 4 to 4.15% at some point before 17/8/23

Wow. Remember all that fuss and the hundreds of posts when Newcastle BS tracker became available? That rise wont even put it in the current top 5 and that's BEFORE the others have the chance to take todays bank rise into consideration.

Once again you miss the point of the account and mock others, for people who don't want to keep shuffling around its a great account. Some of the new top comers are new names/brands like beehive so another new account. If you like having dozens of accounts and having to move every few weeks then good for you. 

Marcus just only moved to 4.3% and many people are happy to stick there, bet they even have more cash from savings then all of these "current top 5" combined. Same for Chase. 

Section62

Zopa_Trooper said:

Bridlington1 said:

Well there's now been a 0.25% rise in the base rate taking it to 5.25%. This will see the following NLA accounts EA rise:

HEBS Branch Saver to 5.25% from 1/9/23

Newcastle BS tracker to 4.55% at some point before 10/8/23

Skipton tracker Issue 3 to 4.35% at some point before 17/8/23

Skipton tracker Issue 4 to 4.15% at some point before 17/8/23

Wow. Remember all that fuss and the hundreds of posts when Newcastle BS tracker became available? That rise wont even put it in the current top 5 and that's BEFORE the others have the chance to take todays bank rise into consideration.

The "fuss" isn't about the rate now and while rates generally go up, it is about having the account 'in the bank' for when rates are headed back down again and the possibility it will then be a rather attractive product for those who made the effort to get it while it was available.

t33

I note the discussion above about Leeds BS BoE changes but having looked at their website I see

"Savings rates:

• All of our variable rate member accounts will receive a rate increase of 0.25%, reflecting the full increase in bank base rate on 3 August. Find out more about changes to our savings rates. Find out more about changes to our savings rates."

Am I being daft and missing something but I'm wondering why this would exclude the Limited Online Issue 47 though when you click on their link, the 47 doesn't appear there I don't think.

Nick_C

Futuristic said:

Zopa_Trooper said:

Bridlington1 said:

Well there's now been a 0.25% rise in the base rate taking it to 5.25%. This will see the following NLA accounts EA rise:

HEBS Branch Saver to 5.25% from 1/9/23

Newcastle BS tracker to 4.55% at some point before 10/8/23

Skipton tracker Issue 3 to 4.35% at some point before 17/8/23

Skipton tracker Issue 4 to 4.15% at some point before 17/8/23

Wow. Remember all that fuss and the hundreds of posts when Newcastle BS tracker became available? That rise wont even put it in the current top 5 and that's BEFORE the others have the chance to take todays bank rise into consideration.

Once again you miss the point of the account and mock others, for people who don't want to keep shuffling around its a great account. Some of the new top comers are new names/brands like beehive so another new account. If you like having dozens of accounts and having to move every few weeks then good for you. 

Marcus just only moved to 4.3% and many people are happy to stick there, bet they even have more cash from savings then all of these "current top 5" combined. Same for Chase. 

Chase really need to up their game.  I'm a big fan of Chase, but I've reduced my balances to zero.  

I can get half a percent more with YBS, Skipton, Cambridge, or Saffron - long established mutuals.

TiVo_Lad

t33 said:

I note the discussion above about Leeds BS BoE changes but having looked at their website I see

"Savings rates:

• All of our variable rate member accounts will receive a rate increase of 0.25%, reflecting the full increase in bank base rate on 3 August. Find out more about changes to our savings rates. Find out more about changes to our savings rates."

Am I being daft and missing something but I'm wondering why this would exclude the Limited Online Issue 47 though when you click on their link, the 47 doesn't appear there I don't think.

My conclusion also, hence my query to @Bridlington1. Whether it's just a mistake (one or the other statements is wrong) or the current issue doesn't get an uplift to avoid an influx is not clear.

Bridlington1

TiVo_Lad said:

t33 said:

I note the discussion above about Leeds BS BoE changes but having looked at their website I see

"Savings rates:

• All of our variable rate member accounts will receive a rate increase of 0.25%, reflecting the full increase in bank base rate on 3 August. Find out more about changes to our savings rates. Find out more about changes to our savings rates."

Am I being daft and missing something but I'm wondering why this would exclude the Limited Online Issue 47 though when you click on their link, the 47 doesn't appear there I don't think.

My conclusion also, hence my query to @Bridlington1. Whether it's just a mistake (one or the other statements is wrong) or the current issue doesn't get an uplift to avoid an influx is not clear.

I've just rang them and they've confirmed the limited access issue 47 will remain at 4.4% unfortunately.

mebu60

Futuristic said:

Zopa_Trooper said:

Bridlington1 said:

Well there's now been a 0.25% rise in the base rate taking it to 5.25%. This will see the following NLA accounts EA rise:

HEBS Branch Saver to 5.25% from 1/9/23

Newcastle BS tracker to 4.55% at some point before 10/8/23

Skipton tracker Issue 3 to 4.35% at some point before 17/8/23

Skipton tracker Issue 4 to 4.15% at some point before 17/8/23

Wow. Remember all that fuss and the hundreds of posts when Newcastle BS tracker became available? That rise wont even put it in the current top 5 and that's BEFORE the others have the chance to take todays bank rise into consideration.

Once again you miss the point of the account and mock others, for people who don't want to keep shuffling around its a great account. Some of the new top comers are new names/brands like beehive so another new account. If you like having dozens of accounts and having to move every few weeks then good for you. 

Marcus just only moved to 4.3% and many people are happy to stick there, bet they even have more cash from savings then all of these "current top 5" combined. Same for Chase. 

Plus "that fuss and the hundreds of posts" wasn't about the rate per se but about Newcastle BS's ineptitude when clearly their third party id checking had a glitch for the best part of a day followed by their insistence on posted documents and their poor response times. Yielded a tax-free £50 compensation payment so not all bad :-)  

Zopa_Trooper

Futuristic said:

Zopa_Trooper said:

Bridlington1 said:

Well there's now been a 0.25% rise in the base rate taking it to 5.25%. This will see the following NLA accounts EA rise:

HEBS Branch Saver to 5.25% from 1/9/23

Newcastle BS tracker to 4.55% at some point before 10/8/23

Skipton tracker Issue 3 to 4.35% at some point before 17/8/23

Skipton tracker Issue 4 to 4.15% at some point before 17/8/23

Wow. Remember all that fuss and the hundreds of posts when Newcastle BS tracker became available? That rise wont even put it in the current top 5 and that's BEFORE the others have the chance to take todays bank rise into consideration.

Once again you miss the point of the account and mock others, for people who don't want to keep shuffling around its a great account. Some of the new top comers are new names/brands like beehive so another new account. If you like having dozens of accounts and having to move every few weeks then good for you. 

Marcus just only moved to 4.3% and many people are happy to stick there, bet they even have more cash from savings then all of these "current top 5" combined. Same for Chase. 

I'm not mocking people, we all make decisions based on our own circumstances. I never did understand what was so special about the Newcastle product, it was top of the shop for less than a week. As for when rates start going down again, well doesn't that mean the Newcastle tracker will come down at the same time and the same rate?

Anyway, whatever. I shall be looking to fix soon, sometimes its safer to stick rather than twist. It's all pennies anyway.

Zopa_Trooper

Nick_C said:

Futuristic said:

Zopa_Trooper said:

Bridlington1 said:

Well there's now been a 0.25% rise in the base rate taking it to 5.25%. This will see the following NLA accounts EA rise:

HEBS Branch Saver to 5.25% from 1/9/23

Newcastle BS tracker to 4.55% at some point before 10/8/23

Skipton tracker Issue 3 to 4.35% at some point before 17/8/23

Skipton tracker Issue 4 to 4.15% at some point before 17/8/23

Wow. Remember all that fuss and the hundreds of posts when Newcastle BS tracker became available? That rise wont even put it in the current top 5 and that's BEFORE the others have the chance to take todays bank rise into consideration.

Once again you miss the point of the account and mock others, for people who don't want to keep shuffling around its a great account. Some of the new top comers are new names/brands like beehive so another new account. If you like having dozens of accounts and having to move every few weeks then good for you. 

Marcus just only moved to 4.3% and many people are happy to stick there, bet they even have more cash from savings then all of these "current top 5" combined. Same for Chase. 

Chase really need to up their game.  I'm a big fan of Chase, but I've reduced my balances to zero.  

I can get half a percent more with YBS, Skipton, Cambridge, or Saffron - long established mutuals.

I'm with CHASE for the 1% spending alone. Take my £15 each month. Used to be a lot more but I'm over a year with them now.