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The Top Easy Access Savings Discussion Area

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Comments

  • noh said:
    Leeds BS Limited Issue Online Access Account (Issue 50) -
    £1k minimum
     5.10% - interest paid on 1.12.24 (when account will be changed) 


    Who else is waiting until noon before deciding on whether or not to open this account? It may not be worth it if the Bank of England decides on a rate rise, leading other institutions to leapfrog Leeds.
    Have opened one but am unable to fund it by faster payment as my Nationwide account reports that the account number is not valid.
    Banks don't recognise NWide account numbers until the day after set up. You need to pay into your NWide current A/C & then in my accounts online, transfer funds into the Regular Saver.
  • Nick_C
    Nick_C Posts: 7,630 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    @chris_the_bee

    Although your tip is useful for funding the NWBS RS, noh seems to be trying to fund a Leeds BS account.

    Chase don't require payee details to match, and can be a good option for funding new accounts.
  • noh said:
    Leeds BS Limited Issue Online Access Account (Issue 50) -
    £1k minimum
     5.10% - interest paid on 1.12.24 (when account will be changed) 


    Who else is waiting until noon before deciding on whether or not to open this account? It may not be worth it if the Bank of England decides on a rate rise, leading other institutions to leapfrog Leeds.
    Have opened one but am unable to fund it by faster payment as my Nationwide account reports that the account number is not valid.
    I had the same problem with Santander reporting that the Leeds account number was not valid. Paid using a debit card instead. 
  • kjs31
    kjs31 Posts: 218 Forumite
    100 Posts Second Anniversary Name Dropper
    When is the interest paid on Santander Edge easy access savings @ 7%? I transferred 4k in on 20th August but there’s no sign of any interest as yet. Thanks. 
  • kjs31 said:
    When is the interest paid on Santander Edge easy access savings @ 7%? I transferred 4k in on 20th August but there’s no sign of any interest as yet. Thanks. 
    Are you sure you have the Monthly interest version rather than Annual?
  • gt94sss2
    gt94sss2 Posts: 6,219 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    kjs31 said:
    When is the interest paid on Santander Edge easy access savings @ 7%? I transferred 4k in on 20th August but there’s no sign of any interest as yet. Thanks. 
    Are you sure you have the Monthly interest version rather than Annual?
    There isn't an annual interest option with that amount.
  • gt94sss2 said:
    kjs31 said:
    When is the interest paid on Santander Edge easy access savings @ 7%? I transferred 4k in on 20th August but there’s no sign of any interest as yet. Thanks. 
    Are you sure you have the Monthly interest version rather than Annual?
    There isn't an annual interest option with that amount.
    Ah, yes of course. Was confusing it with the Easy Access Saver, too many Santander accounts opened, switched and closed this month.
  • gt94sss2 said:
    kjs31 said:
    When is the interest paid on Santander Edge easy access savings @ 7%? I transferred 4k in on 20th August but there’s no sign of any interest as yet. Thanks. 
    Are you sure you have the Monthly interest version rather than Annual?
    There isn't an annual interest option with that amount.
    It is the Edge Saver (£4K max) where there is no annual interest option.
  • Santander's 5.2% offering looking very good now for the many that have it after today's rate hold decision.
  • pfpf
    pfpf Posts: 5,139 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    kjs31 said:
    When is the interest paid on Santander Edge easy access savings @ 7%? I transferred 4k in on 20th August but there’s no sign of any interest as yet. Thanks. 
    Just come here to ask the same. Opened on 20th. Nothing as yet.
This discussion has been closed.
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