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The Top Easy Access Savings Discussion Area

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  • 10_66
    10_66 Posts: 3,462 Forumite
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    ColdIron said:
    10_66 said:
    10_66 said:
    Has anyone who opened a Santander Edge account on15th August, for monthly interest, received interest yet?
    Re my earlier post, just a bit concerned because, though I converted an existing current account I had to the Edge current account, I didn't pay in the £500+/month and don't have the 2+ direct debits on it.  I know there was quite a lot of discussion back on the 15th August about Santander's qualifying for interest terms.
    I too await confirmation of this one way or another. I opened mine 17/08

    Thanks ColdIron, could you post here whether or not you do get your interest, please?
  • ColdIron said:
    10_66 said:
    10_66 said:
    Has anyone who opened a Santander Edge account on15th August, for monthly interest, received interest yet?
    Re my earlier post, just a bit concerned because, though I converted an existing current account I had to the Edge current account, I didn't pay in the £500+/month and don't have the 2+ direct debits on it.  I know there was quite a lot of discussion back on the 15th August about Santander's qualifying for interest terms.
    I too await confirmation of this one way or another. I opened mine 17/08
    Opened 15/08 - no DD,£500 nor interest payment.
  • soulsaver
    soulsaver Posts: 6,646 Forumite
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    edited 15 September 2023 at 9:56AM
    ColdIron said:
    ColdIron said:
    ColdIron said:
    kjs31 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? 
    Doubles Access no longer available
    Issue 2 hasn't been launched yet, it should appear later today though.
    Excellent, I take it back. Many Thanks
    I probably won't go for it though, it's hard to see past Santander at 5.20% and easy access
    I shall close my  Paragon issue 1, I held out hope that it might increase

    5.05% £1k min Double Access Savings Account | Paragon Bank
  • ColdIron
    ColdIron Posts: 9,899 Forumite
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    Presumably that wasn't the 7.00% one?
  • 10_66
    10_66 Posts: 3,462 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    ColdIron said:
    10_66 said:
    10_66 said:
    Has anyone who opened a Santander Edge account on15th August, for monthly interest, received interest yet?
    Re my earlier post, just a bit concerned because, though I converted an existing current account I had to the Edge current account, I didn't pay in the £500+/month and don't have the 2+ direct debits on it.  I know there was quite a lot of discussion back on the 15th August about Santander's qualifying for interest terms.
    I too await confirmation of this one way or another. I opened mine 17/08
    I opened my Edge Saver back in April, and always get the interest either later in the day of, or the day after the monthiversary. My Edge a/c has to make do with a solitary tenner balance and no DDs or monthly income.

    Thanks for this PloughmansLunch  :)
  • ColdIron said:
    Presumably that wasn't the 7.00% one?
    No, it was ~4% or whatever groundbreaking rate it was at the time, but upgraded automatically last month so I topped it back up again
  • Thanks for the heads-up ... do KR increase earlier EA issue rates to match this, or do you have to apply for the new & ditch the old?
  • Bobblehat said:
    Thanks for the heads-up ... do KR increase earlier EA issue rates to match this, or do you have to apply for the new & ditch the old?
    Just opened this account, eventually. Applied using my NW current account as nominated account (had for over 30 years) but they could not verify it. Tried again with my Santander account (had just a few months) and all went through OK. Info by email (user ID, account details etc by email very quickly. Have deposited a bit (min £1000) and will use it as a back up.
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