The Top Easy Access Savings Discussion Area

BreakingGlass

TiVo_Lad said:

According to Moneyfacts (been waiting to say that!) Paragon Bank Double Access Savings Account - Issue 1 up to 4.75% from tomorrow (09/08). Minimum £1K balance.

https://www.paragonbank.co.uk/savings/double-access-account (currently 4.6%)

@soulsaver

If you follow the link the Paragon website is still showing 4.6%

However, if I login to my account it shows 4.75% as expected.

TiVo_Lad

Interesting quote from the CEO of Principality this morning regarding their half-year results.

Suggests we won't hear anything from them for another week (on average) and they might not pass on the full rate rise anyway. The Double Access Saver would only rise to 4.7% if they passed on the full amount of the last BoE increase. Unless they pass on some of the increases they've previously held back, it looks like their accounts will start falling behind.

BreakingGlass

flaneurs_lobster said:

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 see it in the app, it's shown on the website (as 4.3%). NBS have 5 working days from the BoE announcement to apply the rate increase.

NBS tracker is still showing as 4.3%.  I guess their '5 working days' calculation is different to mine 🙃

https://www.newcastle.co.uk/savings/manage-your-savings-account/interest-rates

SirHugo

phillw said:

SirHugo said:
I'm having problems too. Opened the Tandem account a couple of hours ago, linked my Halifax account and transferred £100 no problem

Just withdrew £10k from Chip in to my Halifax and then tried to add it to Tandem and it failed twice. I couldn't confirm the transaction in the Halifax account - the account details were all in red and the submit button was greyed out so I had to manually cancel the transaction.
Tried again with £5k this time and the approval went through fine with Halifax, but it failed it the Tandem app. Not a great start.

Update - 
Just tried again with £5k, looked like it was going through OK but it eventually failed in the Tandem app.

If you try to send more than £5k from Halifax to Tandem then first some of the text goes red, if you click continue again it tells you that you must select something & there is nothing to select.

Earlier in the day I sent £1k and it worked, but I held off trying to send the rest as the rate hadn't increased. After the increase I managed to get a £3k and a £1k through, I have loads of confirmation from halifax of £5k that never went through. I gave up and just moved the money back to Chip, which worked fine.

Later in the evening Halifax app started alerting me to transactions that had gone through hours earlier, I tried again trying to send to Tandem and nothing happened.

Now I managed to get a £5k to go through first time, it might be a random ongoing problem or it might just be they were overwhelmed. So I'm keeping a small float in Chip just in case for now, in case they are as random at processing withdrawals.

Thanks for the info. I left it a few hours then managed to transfer £4,900 to Tandem via open banking. Later again I set them up as a payee and transferred £500 through faster payments. It was in my account in less than 5 mins. A while later I transferred another £4,500 over - again through faster payments - so finally managed to get my £10k in!

I've never had a problem paying £10k in one go from Halifax to Chip via open banking, so all of this was a frustrating experience. I did consider changing my linked account but couldn't decide which of my accounts to use.

I remember a useful post here listing all the banks and their limits on open banking transfers but I just couldn't find it.

SonOfPearl

BreakingGlass said:

flaneurs_lobster said:

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 see it in the app, it's shown on the website (as 4.3%). NBS have 5 working days from the BoE announcement to apply the rate increase.

NBS tracker is still showing as 4.3%.  I guess their '5 working days' calculation is different to mine 🙃

https://www.newcastle.co.uk/savings/manage-your-savings-account/interest-rates

Tomorrow will be 5 working days since the BoE announcement. 

BreakingGlass

SonOfPearl said:

BreakingGlass said:

flaneurs_lobster said:

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 see it in the app, it's shown on the website (as 4.3%). NBS have 5 working days from the BoE announcement to apply the rate increase.

NBS tracker is still showing as 4.3%.  I guess their '5 working days' calculation is different to mine 🙃

https://www.newcastle.co.uk/savings/manage-your-savings-account/interest-rates

Tomorrow will be 5 working days since the BoE announcement. 

Indeed - I was being inclusive! 😛

tg99

Ulster bank loyalty saver - looks like you have to hold a current account to open this.

soulsaver

BreakingGlass said:

TiVo_Lad said:

According to Moneyfacts (been waiting to say that!) Paragon Bank Double Access Savings Account - Issue 1 up to 4.75% from tomorrow (09/08). Minimum £1K balance.

https://www.paragonbank.co.uk/savings/double-access-account (currently 4.6%)

@soulsaver

If you follow the link the Paragon website is still showing 4.6%

However, if I login to my account it shows 4.75% as expected.

4.75% in the link now

janusd

tg99 said:

Ulster bank loyalty saver - looks like you have to hold a current account to open this.

where does it say that? I can't see that mentioned anywhere...

flobbalobbalob

Regarding using a tablet to use the Tandem app without the use of the phone:

• You need a tablet with a fingerprint reader.
• If you logout of the app (as opposed to just closing It) you will have to enter the phone number to get back in.
• They also randomly ask for the phone number at other times.