The Top Easy Access Savings Discussion Area

FishInGlass

The email I received from Gatehouse said 4.45% from today.

Also received email from RCI that they are going up to 4.5% from today as well.

Both behind the curve but better than nothing.

Alicon88

jaceyboy said:

Alicon88 said:

Opened a tandem account!
Thank you for highlighting this.

For people using it already: Will it show the daily interest earned in the app?

No it does not 

how do you know how much is growing then?

Stargunner

Alicon88 said:

jaceyboy said:

Alicon88 said:

Opened a tandem account!
Thank you for highlighting this.

For people using it already: Will it show the daily interest earned in the app?

No it does not 

how do you know how much is growing then?

It is paid into your savings account once a month. 

If you want to know how much it is growing per week or day you can easily work it out for yourself.

BestSeagull

Alicon88 said:

jaceyboy said:

Alicon88 said:

Opened a tandem account!
Thank you for highlighting this.

For people using it already: Will it show the daily interest earned in the app?

No it does not 

how do you know how much is growing then?

You'll see your interest accrue monthly or knowing the interest rate, you can work out the daily rate from that.

housebuyer143

How do I check the rate I am getting at Newcastle on the app? It just links me to the website and a savings pdf from July. I want to ensure the rate has now increased with base rate rise.

jimexbox

housebuyer143 said:

How do I check the rate I am getting at Newcastle on the app? It just links me to the website and a savings pdf from July. I want to ensure the rate has now increased with base rate rise.

Can't find it in the app, it's displayed online. Not that I'm using it. 

SAC2334

This is the one I use to check interest..easiest one I ve found . L and C mortgages Savings interest calculator .

Zopa_Trooper

I'm wondering whether anybody else will bother challenging Tandem now. The BoE bank raise was 0.25%, anybody exceeding Tandem is going to have to raise their rate by nearly 0.5%. A step too far?

BestSeagull

Zopa_Trooper said:

I'm wondering whether anybody else will bother challenging Tandem now. The BoE bank raise was 0.25%, anybody exceeding Tandem is going to have to raise their rate by nearly 0.5%. A step too far?

I think there are going to be a huge amount of people, even those who are rate chasers, who are not comfortable with App only banking. So the field is still wide open for the rest.

Eirambler

How is app only banking different to online only banking in practice - are there really that many people who are capable of managing an online account but can't manage an app? Would have said an app was easier, if anything.