The Top Easy Access Savings Discussion Area

t33

infoadict said:

CHARTER SAVINGS BANK

The Bank of England Base Rate has increased

Good news! We’ll be increasing interest rates by 0.25% AER* on all variable rate accounts that are no longer on-sale on our website, to match today’s Bank of England Base Rate increase.

The increased rates will be effective from 18 August 2023 and will be applied automatically to eligible accounts.

@soulsaver plus Easy Access Issue 43 at 4.50% AER

won't trouble the top ones but FYI

https://www.chartersavingsbank.co.uk/Products/EasyAccess

mebu60

dlevene said:

mebu60 said:

dlevene said:

Both Kent and Charter have applied the rate increase to their NLA accounts but I can't find an update on their open accounts...

KR have no open EA account currently. Ditto Charter. 

They do: ISAs

This thread doesn't (generally speaking) include ISAs.

Plus 30 minutes is a long time in the current environment, Charter now has EA Issue 43 at 4.5% (0.5% lower than Issue 42 currently and 0.3% lower than Issue 42 rate will be from 18:08).

dlevene

Sure, I'm just saying it's mildly irritating that they've confirmed an increase in their NLA accounts but not their open ones

TiVo_Lad

dlevene said:

Sure, I'm just saying it's mildly irritating that they've confirmed an increase in their NLA accounts but not their open ones

They simply want to hold on to the money they have but don't want to encourage any more.

poppystar

Bridlington1 said:

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.

So annoying as I upgraded to 47 after the last increase before I realised they’d applied the same increase to 46 (something they’d not done before) so shot myself in the foot there! 

refluxer

mebu60 said:

dlevene said:

mebu60 said:

dlevene said:

Both Kent and Charter have applied the rate increase to their NLA accounts but I can't find an update on their open accounts...

KR have no open EA account currently. Ditto Charter. 

They do: ISAs

This thread doesn't (generally speaking) include ISAs.

Plus 30 minutes is a long time in the current environment, Charter now has EA Issue 43 at 4.5% (0.5% lower than Issue 42 currently and 0.3% lower than Issue 42 rate will be from 18:08).

Pssst - I think you missed out a zero

CooperSF

Even Zopa have emailed out increasing rates.

Chip are at it.

ColdIron

Skipton variable and tracker accounts going up on the 14th

https://www.skipton.co.uk/-/media/skipton-co-uk/pdf/savings/changes-to-variable-accounts.ashx

Zerforax

When does Chip pay interest? I made a £1 deposit on 30 June and then a large lump sum on 1 July. I'm sure it's meant to be paid monthly but whether its a month from when I opened or 1st of the month.. I think I should've been paid the interest by now? Still showing as accrued though.

boingy

4th working day. So tomorrow.