The Top Easy Access Savings Discussion Area

pecunianonolet

cloud_dog said:

Bridlington1 said:

@soulsaver
Shawbrook EA Issue 36 now 5.02% (£1k min).

I really like Shawbrook, but sometimes I wish they'd stop feking about with piddle rises!

Same here but more annoyed that you always miss out on one day of interest when you withdraw with this account, hence why I never opened one and only have an ISA with them.

SeriousHoax

Chip.
Zopa.
Marcus.

Remember when they were our friends.🥲

charlie12525

mebu60 said:

janusdesign said:

Futuristic said:

mebu60 said:

How rude of Cynergy! Returned from holiday last night with one of my tasks this morning to close and transfer Issue 65 to Issue 66 at 5.0% (yes, I'm sad enough to keep an eye on these things while away) only to find it's now Issue 67 at 4.95%. Hope this isn't indicative of a general reverse in the direction of travel. See what Thursday brings. 

I'm still confused why people stick around with Cynergy? Don't you have to open and close issues manually? 

Tandem is at 5% right now and very easy to use for example. 

I like Cynergy and ordinarily it would be my goto "instant" EA account - but their recent login issues and the Santander account meant that I moved a large chunk of its balance to Santander.

the opening/closure of new issues is pretty automated in the sense that it's just a couple of clicks - no big deal...

As well as Cynergy close and transfer being very straightforward, as has been pointed out many times before, there is also the benefit of accrued interest from the previous account(s) being crystallised and earning interest in the latest account. 

With Cynergy you lose a day's interest due to the 1 day withdrawal delay.
Also the open/transfer/close thing with each new issue means you get a new account number. Another entry on my spreadsheet and another account to think about when I complete my first tax return next year. This may not bother most people though.

jaypers

SeriousHoax said:

Chip.
Zopa.
Marcus.

Remember when they were our friends.🥲

They were never my friends. Dropped them all like a stone as soon as they decided to pull a fast one by not keeping up with their peers…..same as Atom. I’ll ditch and switch daily if I have to. 

KevinG

cloud_dog said:

Bridlington1 said:

@soulsaver
Shawbrook EA Issue 36 now 5.02% (£1k min).

I really like Shawbrook, but sometimes I wish they'd stop feking about with piddle rises!

Oh come on, the last rise was 0.02%, this one is positively humongous at 0.07%!

SeriousHoax

jaypers said:

SeriousHoax said:

Chip.
Zopa.
Marcus.

Remember when they were our friends.🥲

They were never my friends. Dropped them all like a stone as soon as they decided to pull a fast one by not keeping up with their peers…..same as Atom. I’ll ditch and switch daily if I have to. 

I've kept £1 in them.

janusdesign

charlie12525 said:

mebu60 said:

janusdesign said:

Futuristic said:

mebu60 said:

How rude of Cynergy! Returned from holiday last night with one of my tasks this morning to close and transfer Issue 65 to Issue 66 at 5.0% (yes, I'm sad enough to keep an eye on these things while away) only to find it's now Issue 67 at 4.95%. Hope this isn't indicative of a general reverse in the direction of travel. See what Thursday brings. 

I'm still confused why people stick around with Cynergy? Don't you have to open and close issues manually? 

Tandem is at 5% right now and very easy to use for example. 

I like Cynergy and ordinarily it would be my goto "instant" EA account - but their recent login issues and the Santander account meant that I moved a large chunk of its balance to Santander.

the opening/closure of new issues is pretty automated in the sense that it's just a couple of clicks - no big deal...

As well as Cynergy close and transfer being very straightforward, as has been pointed out many times before, there is also the benefit of accrued interest from the previous account(s) being crystallised and earning interest in the latest account. 

With Cynergy you lose a day's interest due to the 1 day withdrawal delay.

what 1 day withdrawal delay? withdrawals from Cynergy are usually within a few minutes for me.

charlie12525 said:

Also the open/transfer/close thing with each new issue means you get a new account number. Another entry on my spreadsheet and another account to think about when I complete my first tax return next year. This may not bother most people though.

yeah the new account number is annoying, though they tend to be sequential - it sometimes crosses my mind to open a second account (that I won't close) and just use that for new deposits, but I so rarely deposit, it's hardly worth the hassle.

RedImp_2

Just looking at my text from Shawbrook realised the one on the 15th says increased to 4.94% gross 4.84% AER.  Todays says increased to 4.91% gross 5.02% AER.  

Posters on here not the only ones confused by terminology!

RedImp_2

cloud_dog said:

Bridlington1 said:

@soulsaver
Shawbrook EA Issue 36 now 5.02% (£1k min).

I really like Shawbrook, but sometimes I wish they'd stop feking about with piddle rises!

Although I’ll be more upset when the message starts we’re sorry to inform you rather than we’re pleased!

mebu60

charlie12525 said:

mebu60 said:

janusdesign said:

Futuristic said:

mebu60 said:

How rude of Cynergy! Returned from holiday last night with one of my tasks this morning to close and transfer Issue 65 to Issue 66 at 5.0% (yes, I'm sad enough to keep an eye on these things while away) only to find it's now Issue 67 at 4.95%. Hope this isn't indicative of a general reverse in the direction of travel. See what Thursday brings. 

I'm still confused why people stick around with Cynergy? Don't you have to open and close issues manually? 

Tandem is at 5% right now and very easy to use for example. 

I like Cynergy and ordinarily it would be my goto "instant" EA account - but their recent login issues and the Santander account meant that I moved a large chunk of its balance to Santander.

the opening/closure of new issues is pretty automated in the sense that it's just a couple of clicks - no big deal...

As well as Cynergy close and transfer being very straightforward, as has been pointed out many times before, there is also the benefit of accrued interest from the previous account(s) being crystallised and earning interest in the latest account. 

With Cynergy you lose a day's interest due to the 1 day withdrawal delay.
Also the open/transfer/close thing with each new issue means you get a new account number. Another entry on my spreadsheet and another account to think about when I complete my first tax return next year. This may not bother most people though.

There's no withdrawal delay on Cynergy. I took out the surplus >£85k after the last close and transfer and it arrived pretty quickly. The new account no is a bit tedious if you are depositing but you could always leave an old account open and feed the new account through that if you don't want to create a new payee with your bank.