The Top Easy Access Savings Discussion Area

Bigwheels1111

Zerforax said:

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.

4th working day.
You will not get all the interest you see today.
As it will include the last 3/4 day interest from the 1st - 4th.
I take a screen shot on the last day to make sure I know what I will get.

Kazza242

The Family BS Online Saver (5) interest rate has increased from 4.35% to 4.55% w.e.f. today 03/08/2023.

The account is NLA.  

See here.

flobbalobbalob

poppystar said:

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! 

My old issue 28 has finally let me down. This guessing game is a new level of devious. I've already emptied and doubt I shall return.

linz

Is anyone else waiting for a Chip response before moving to Monument ? If so, how long are you giving them ?

Rheumatoid

linz said:

Is anyone else waiting for a Chip response before moving to Monument ? If so, how long are you giving them ?

Giving them until 14th to get near 4.8 or its all in Coventry 

jaceyboy

Bigwheels1111 said:

Zerforax said:

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.

4th working day.
You will not get all the interest you see today.
As it will include the last 3/4 day interest from the 1st - 4th.
I take a screen shot on the last day to make sure I know what I will get.

Havent they just changed this today? I got a notification and it said pending interest would stop on the last day of the month and reset then?

where_are_we

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.

I`m not surprised you missed the increase on the Skipton Bonus Saver Issue 8 to 4.6%. The plethora of different account names generated by lots of financial institutions has got beyond a joke! You have to trawl through a long list to get to your savings account.

jaypers

Just been looking at Zopa’s increases…….absolutely laughable! 

jpsman

The last time a Coventry Four Access issue went NLA (issue 1) they launched issue 2 two weeks later. So do we think issue 3 will be along soon?

Wondering whether worth holding off putting more into my issue 2 just yet...

Nick_C

where_are_we 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.

I`m not surprised you missed the increase on the Skipton Bonus Saver Issue 8 to 4.6%. The plethora of different account names generated by lots of financial institutions has got beyond a joke! You have to trawl through a long list to get to your savings account.

It wasn't on the initial list.  It was added later.