The Top Easy Access Savings Discussion Area

janusd

savethepandas said:

Skipton Easy Access Query
My account appears as a "Bonus Saver Iss 8 A" and gets 4.45%
OH's account appears as a "Bonus Saver Iss 8 Annual" with 3.83%
Thought we had the same account.
Confused 

this was discussed back in July (when the email notifications were down)...

https://forums.moneysavingexpert.com/discussion/comment/80193470/#Comment_80193470

seems to be that if your OH deposited via debit card, then it will take a couple of days for it to clear and the shown rate to be changed.

Zopa_Trooper

2010 said:

NBS whatever the rise, you get the full rise.
What we are seeing now are providers second guessing the BoE rise and increasing just before the rate meeting.
Now they know what it is, will they increase again by the same amount.

and whatever the cut you'll get the full cut.

I'd be mightily surprised if the 4.63% top rate will not be surpassed in the next few days.

soulsaver

Nick_C said:

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.

Bonus Saver 8 is going from 4.45% to 4.60%  - further down the list under 'non isa with introductory bonus'.
eta speeling

Sg28

Expotter said:

Nothing to get too excited about, but Zopa has increased its rates to 4.28% AER and 4.32%, 4.42% and 4.52% respectively for 7, 31 and 95 days pots. (I'm not even sure this is a recent increase, apologies if it isn't and I just missed it)

Yeah its new today. 

Zopa have cemented their position as a permanent lagger now unfortunately for those who like that app.

2010

Zopa_Trooper said:

2010 said:

NBS whatever the rise, you get the full rise.
What we are seeing now are providers second guessing the BoE rise and increasing just before the rate meeting.
Now they know what it is, will they increase again by the same amount.

and whatever the cut you'll get the full cut.

I'd be mightily surprised if the 4.63% top rate will not be surpassed in the next few days.

And you seriously think others won`t cut too?

NBS may get the full cut in the very distant future but others will cut much more as soon as they get the chance.

fabsaver

soulsaver said:

Nick_C said:

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.

Bonus Saver 8 is going from 4.45% to 4.60%  - further down the list under 'non isa with introductory bonus'.
eta spleeling

Thanks. It definitely wasn't there before. I still have version 3 of their document open and that account is noticeable by its absence. Looks like they have realised the omission and updated their document to version 4.

Zopa_Trooper

2010 said:

Zopa_Trooper said:

2010 said:

NBS whatever the rise, you get the full rise.
What we are seeing now are providers second guessing the BoE rise and increasing just before the rate meeting.
Now they know what it is, will they increase again by the same amount.

and whatever the cut you'll get the full cut.

I'd be mightily surprised if the 4.63% top rate will not be surpassed in the next few days.

And you seriously think others won`t cut too?

NBS may get the full cut in the very distant future but others will cut much more as soon as they get the chance.

Of course they will but several are above the Newcastle tracker as rates rise, why should that be any different as they fall? These companies will still need our money. 

PixelPound

jak22 said:

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. 

Four Access Saver (online) is going up by 0.3% to 4.8%. I guess to push it to the top of the list for when they announce the next?

jimexbox

I think rates will remain at their historic norm for the foreseeable future.

soulsaver

nic_c said:

jak22 said:

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. 

Four Access Saver (online) is going up by 0.3% to 4.8%. I guess to push it to the top of the list for when they announce the next?

It doesn't make the list - it's not available to new applicants.