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The Top Easy Access Savings Discussion Area

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  • soulsaver
    soulsaver Posts: 6,648 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 29 August 2023 at 11:02AM
    Beehive Money have today confirmed (chat) their Bonus Saver went No Longer Available at 25/08.

     ***NLA ***Beehive Bonus svr 4.90% (inc 2.25% 1yr bonus) £1k min (22/08)Beehive Bonus Saver ***NLA***
  • Futuristic
    Futuristic Posts: 1,172 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    edited 29 August 2023 at 1:14PM
    Does Shawbrook update rates on their previous easy access issues or do you need to open and close on new rate changes like Cynergy? 
  • mebu60
    mebu60 Posts: 1,663 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Charter failing to increase to 4.8% as implied in original communication.

    I have chased and received the following which is practically identical to the initial holding statement:
    Please be advised that Charter Savings Bank head office are currently investigating what action we will take for customers who have been affected by this issue. There is currently no outcome available and the affected customers will be contacted in due course with the final outcome, as well as being informed of any changes that will be taking place as a result of this.

    I have now withdrawn a sizeable part of my 4.55% funds which will soon be in Family at 4.8% and formalised my complaint. Apparently Charter will phone me within three days. I look forward to that. I am of the view that they have either been deceitful or incompetent. 
  • randm
    randm Posts: 496 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Does Shawbrook update rates on their previous easy access issues or do you need to open and close on new rate changes like Cynergy? 

    shawbrook update rates consistently and message you to tell you that it has been applied automatically.
  • InvesterJones
    InvesterJones Posts: 1,237 Forumite
    1,000 Posts Third Anniversary Name Dropper
    randm said:
    Does Shawbrook update rates on their previous easy access issues or do you need to open and close on new rate changes like Cynergy? 

    shawbrook update rates consistently and message you to tell you that it has been applied automatically.

    Sadly not very consistent - sometimes they up the rates of the latest issue, sometimes of the latest few issues, and sometimes they don't up the rates for existing issues at all and only apply it to a new issue.
  • mebu60
    mebu60 Posts: 1,663 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    randm said:
    Does Shawbrook update rates on their previous easy access issues or do you need to open and close on new rate changes like Cynergy? 

    shawbrook update rates consistently and message you to tell you that it has been applied automatically.
    Until they don't. Then you send a secure message and they upgrade the account to the new issue. 
  • Futuristic
    Futuristic Posts: 1,172 Forumite
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
    mebu60 said:
    randm said:
    Does Shawbrook update rates on their previous easy access issues or do you need to open and close on new rate changes like Cynergy? 

    shawbrook update rates consistently and message you to tell you that it has been applied automatically.
    Until they don't. Then you send a secure message and they upgrade the account to the new issue. 
    Thats fine, thanks all! I just hate how Cynergy appear to make you close existing and open new accounts. 
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