The Top Easy Access Savings Discussion Area

badger09

silvercue said:

YBS looks good at 5%.  I think I have missed out on Santander as they have not got back to me.  If not I will use the YBS account.  5% is still very decent.  

It is a decent rate but it is only on £10k & you are limited to 2 withdrawals a year (+ closure) so has its limitations 

refluxer

silvercue said:

YBS looks good at 5%.  I think I have missed out on Santander as they have not got back to me.  If not I will use the YBS account.  5% is still very decent.  

If you applied before the deadline, it's probably only a matter of time before Santander get back to you. They'll have been deluged by all the last-minute applications so any that require manual intervention (eg. a failed ID check) will presumably take longer to sort than those which didn't.

silvercue

refluxer said:

silvercue said:

YBS looks good at 5%.  I think I have missed out on Santander as they have not got back to me.  If not I will use the YBS account.  5% is still very decent.  

If you applied before the deadline, it's probably only a matter of time before Santander get back to you. They'll have been deluged by all the last-minute applications so any that require manual intervention (eg. a failed ID check) will presumably take longer to sort than those which didn't.

Hi, yes I hope so.  But...I applied online and I needed to physically post copies of my ID - they will have got there long after the deadline, probably today or tomorrow.  So not sure that will count.  Fingers crossed

ColdIron

It's the date of application that counts

silvercue

badger09 said:

silvercue said:

YBS looks good at 5%.  I think I have missed out on Santander as they have not got back to me.  If not I will use the YBS account.  5% is still very decent.  

It is a decent rate but it is only on £10k & you are limited to 2 withdrawals a year (+ closure) so has its limitations 

True.  If I go for this I will keep some savings in my Skipton account for easy access

RedImp_2

Zaul22 said:

Sg28 said:

Zaul22 said:

Those Zopa rates are not 100% terrible right now before the base rate goes up, but they will be a soon as it does. 

4.54% is pretty poor for easy access.

That's what I mean, they have be upgraded from absolutely awful to pretty poor.
Now they are about 30 points behind the average when before they were like 90 points lower. 

I suppose that depends how you define average!
I seem to think the average rate is around 2.5%

BreakingGlass

Bridlington1 said:

@soulsaver
Paragon Double Access Issue 2 will pay 5.05% from tomorrow (£1k min).

I just closed my Double Access Issue 1 today because it was stuck at 4.75%.  I might re-visit Paragon in a few day's time ...

kjs31

Bridlington1 said:

Paragon Double Access Issue 2 will pay 5.05% from tomorrow (£1k min).

Will I be able to open issue 2 and move funds from issue 1? 

soulsaver

TiVo_Lad said:

Monument Bank Easy Access (min £25K across all accounts) increased from 4.85% to 4.94%

https://www.monument.co/savings/easy-access-savings

@soulsaver

And now 4.97%... creeping interest rates...

refluxer

kjs31 said:

Bridlington1 said:

Paragon Double Access Issue 2 will pay 5.05% from tomorrow (£1k min).

Will I be able to open issue 2 and move funds from issue 1? 

Yes, I'm pretty sure this is simple to do in online banking. A friend did something similar when moving their funds from the Triple to Double Access a while ago.

Just be aware that you'll probably get a new account number, based on my experience of upgrading from one issue of their Triple Access ISA to a newer issue, at least.