The Top Easy Access Savings Discussion Area

Mr._H_2

soulsaver said:

Stargunner said:

susanann_2 said:

Apologies another Santander Edge Saver question. Has anyone who already has a Santander 123 Lite been able to open an Edge Saver Current account to get the Saver without having to give up the 123 Lite current account?  I find the cash back is better for me with the 123 Lite account but would like the Edge Saver. 

Yes you can

But it isn't instant.. and means a hard search...

Depends what you mean by "instant". The application form doesn't take too long to fill in (5 to 10 mins), and at the end the system took about 30 - 60 seconds to make the final decision, with the account appearing instantly in my online banking afterwards. (I've opened three Edge current accounts in the last few days - an individual each for myself and wife and one joint).

Wheres_My_Cashback

I find it quite laughable that posters here get into arguments about motives for banks operating in particular ways, what their statements really mean and reputing to know why they do operate that way.

The hard facts are that all these postings are simply guesswork and don't have an iota of factual information between them, yet they so vociferously believe what they are stating is fact without ANY evidence to back it up.

Alex.T

susanann_2 said:

Apologies another Santander Edge Saver question. Has anyone who already has a Santander 123 Lite been able to open an Edge Saver Current account to get the Saver without having to give up the 123 Lite current account?  I find the cash back is better for me with the 123 Lite account but would like the Edge Saver. 

Yes, this is what I’ve done. For what we get in our joint 123Lite in cash back, and 123 Credit card, we’d be better off carrying in using them than using the new edge current account for the 1% cash backs. I’ve just opened three edge current accounts, and will open four edge savers on the 1st of Sept to put £4k in each. Won’t use the d/d or purchase features of the current acc, so plan to not be charged the £3 p/m fee.

CheekyMikey

Wheres_My_Cashback said:

I find it quite laughable that posters here get into arguments about motives for banks operating in particular ways, what their statements really mean and reputing to know why they do operate that way.

The hard facts are that all these postings are simply guesswork and don't have an iota of factual information between them, yet they so vociferously believe what they are stating is fact without ANY evidence to back it up.

Indeed…it’s a bit like a football forum on here at the minute. Instead of Man City, Chelsea and Newcastle it’s Chip, Tandem and Cahoot “buying” the league with various FFP dodges. Suggestions of insiders, conspiracies and insolvency…no one knows anyone who posts here, their backgrounds or their motives, so I take a lot of what is said in this particular thread with a large pinch of salt. 

Section62

Emails from Ford Money confirming the FlexibleSaver rate is 4.75% (gross, annual) effective today.

pecunianonolet

Email from Natwest about interest rate changes. Nothing spectacular or of real importance, some rates are more of an insult, but might be of interest to someone.

https://www.natwest.com/savings/manage-your-savings/savings-interest-rates-changes.html

flaneurs_lobster

pecunianonolet said:

Email from Natwest about interest rate changes. Nothing spectacular or of real importance, some rates are more of an insult, but might be of interest to someone.

https://www.natwest.com/savings/manage-your-savings/savings-interest-rates-changes.html

No movement on the Digital Regular Saver? That's the source of funding for the MonBS RS accounts sorted for the next few months.

boingy

flaneurs_lobster said:

pecunianonolet said:

Email from Natwest about interest rate changes. Nothing spectacular or of real importance, some rates are more of an insult, but might be of interest to someone.

https://www.natwest.com/savings/manage-your-savings/savings-interest-rates-changes.html

No movement on the Digital Regular Saver? That's the source of funding for the MonBS RS accounts sorted for the next few months.

Weirdly there is some movement on the Reg Saver but only in that the paltry rate they pay on balances above 5K is slightly less paltry! What an odd thing to do.

skidmarks1961

Email from Santander - We're increasing the interest rate on your Easy Access Saver Limited Edition (Issue 1) to 4.05% AER/ 3.98% gross (variable).
in next five days

georged123

Theyve gradually increased the over 5k rate on the Natwest Digital Saver a few times, creeping up from 1% to 1.7%. 

They might as well not bother increasing at all because most of their rates are beyond poor and not going to keep customers.