The Top Easy Access Savings Discussion Area

masonic

Nick_C said:

Re interest calculations.  AER, monthly.  Can you take this to another thread please and keep this one on topic.

I'd argue, that painful as it is for some to go over this ground yet again, it is important to do so in a thread where people are discussing accounts and may make ill-informed decisions about interest payment options on the basis of a misunderstanding of interest compounding. It is one of the two "old chestnuts" of this board (the other being regular savings and "not getting the full advertised rate"). It's necessary to put on a brave face and put the correct information out there.

masonic

If everyone feels the need to express an opinion about the relevance of the posts above their own off-topic contribution, then there will be very little discussion about the top easy access savings accounts per page of discussion.

In a thinly-veiled attempt to bring back on topic, I note that Moneyfacts is looking a little silly proclaiming the top easy access rate is 4.81% at the moment:

Have they never included Tandem in their rate table? It hasn't gone NLA as far as I can see.

InvesterJones

masonic said:

If everyone feels the need to express an opinion about the relevance of the posts above their own off-topic contribution, then there will be very little discussion about the top easy access savings accounts per page of discussion.

In a thinly-veiled attempt to bring back on topic, I note that Moneyfacts is looking a little silly proclaiming the top easy access rate is 4.81% at the moment:

Have they never included Tandem in their rate table? It hasn't gone NLA as far as I can see.

What's the Tandem rate when you open an account (before doing any actions to add a bonus rate?) Edit: 4.65%, so should still be in the table, just a bit lower, but isn't.

masonic

InvesterJones said:

masonic said:

If everyone feels the need to express an opinion about the relevance of the posts above their own off-topic contribution, then there will be very little discussion about the top easy access savings accounts per page of discussion.

In a thinly-veiled attempt to bring back on topic, I note that Moneyfacts is looking a little silly proclaiming the top easy access rate is 4.81% at the moment:

Have they never included Tandem in their rate table? It hasn't gone NLA as far as I can see.

What's the Tandem rate when you open an account (before doing any actions to add a bonus rate?)

I don't think it can be that, as it's not listed at the rate sans-bonus either.

BooJewels

Hasn't the Tandem account been suspended for the weekend - someone posted up-thread.  Would that remove it temporarily? 

Zaul22

While I'm not particularly interested in the AER off topic either, the fact is compared to the number of people in this thread, if you start a new thread basically no one will actually read it so you kinda have to do it here where the eyes are.

Rollinghome

InvesterJones said:

masonic said:

If everyone feels the need to express an opinion about the relevance of the posts above their own off-topic contribution, then there will be very little discussion about the top easy access savings accounts per page of discussion.

In a thinly-veiled attempt to bring back on topic, I note that Moneyfacts is looking a little silly proclaiming the top easy access rate is 4.81% at the moment:

Have they never included Tandem in their rate table? It hasn't gone NLA as far as I can see.

What's the Tandem rate when you open an account (before doing any actions to add a bonus rate?) Edit: 4.65%, so should still be in the table, just a bit lower, but isn't.

From the Summary pdf

W H A T I S T H E I N T E R E S T R A T E ?
Your underlying interest rate is 4.65% AER* / 4.55% Gross** (variable)
If a Top Up is applied to your account:
Your Top Up is 0.35% AER*(variable)
Your total interest rate is 5.00% AER* / 4.89% Gross** (variable)
Interest is calculated daily and paid monthly into the account.

afaicr it has always sat below the other 4.65%-ers. I can't remember ever seeing any mention of the bonus, though it may have been hidden in the notes. Which seems a bit eccentric and not especially helpful if you don't know.

Bigwheels1111

Tandem might have ten thousand new accounts opened in 24 hours or 100 thousand.
Who knows, or they have enough new funding.

Middle_of_the_Road

Bigwheels1111 said:

Tandem might have ten thousand new accounts opened in 24 hours or 100 thousand.
Who knows, or they have enough new funding.

Been withdrawn till Monday apparently.

Rollinghome

Been lot of excitement having a rate rise every day and natter about what Chip is/isn't or might/might-not do today that's brought back forumites not seen for years.  

Could be we're back to the usual boring stuff for a while.  For normal people out there, money is always boring.