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The Top Easy Access Savings Discussion Area

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  • soulsaver
    soulsaver Posts: 6,641 Forumite
    Part of the Furniture 1,000 Posts Name Dropper



    Earl Shilton BS Bonus One Account - 5.00% (from 01/10/2023)
    £5k - £85k, 1 withdrawal per year after which the rate drops.
    Postal/Branch
  • soulsaver said:
    Is this different to the one you posted on 16th Aug in the no chat thread?
  • soulsaver
    soulsaver Posts: 6,641 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 28 September 2023 at 1:52PM
    Bobblehat said:
    soulsaver said:
    Is this different to the one you posted on 16th Aug in the no chat thread?
    Maybe. You should check it (DYOR) if it's important to you.

  • TiVo_Lad
    TiVo_Lad Posts: 465 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 28 September 2023 at 2:21PM
    According to MoneyFacts, Chorley Building Society have launched their North West Easy Access Saver (1 Withdrawal) @ 5.2%
    It's only available to locals (Lancashire, Merseyside, Manchester, Cumbria and Cheshire) and can be operated online, in branch or via post.
  • Frogletina
    Frogletina Posts: 3,914 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Beehive Money Limited Issue Easy Access 5.10%

    Min. £1k - Interest Yearly

    Source: Money Facts



    I've opened this new 5.1% account on the Beehive app but it does not seem possible to transfer the balance from my existing 4.9% Bonus Saver. Maybe I shall have to send the money to my bank account and then redeposit it, unless anyone knows a way around this?

    EDIT: Discovered that you request closure of the 4.9% Bonus Saver first. It then gives the option of transferring to the new 5.1% Limited Issue Easy Access.
    I contacted Beehive and was told that if I closed the Bonus saver I would only get 2.65% on the balance - I have the minimum balance of £1000 there

    Not Rachmaninov
    But Nyman
    The heart asks for pleasure first
    SPC 8 £1567.31 SPC 9 £1014.64 SPC 10 # £1164.13 SPC 11 £1598.15 SPC 12 # £994.67 SPC 13 £962.54 SPC 14 £1154.79 SPC15 £715.38 SPC16 £1071.81⭐⭐⭐⭐⭐⭐⭐⭐⭐Declutter thread - ⭐⭐🏅
  • masonic
    masonic Posts: 27,369 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Beehive Money Limited Issue Easy Access 5.10%

    Min. £1k - Interest Yearly

    Source: Money Facts



    I've opened this new 5.1% account on the Beehive app but it does not seem possible to transfer the balance from my existing 4.9% Bonus Saver. Maybe I shall have to send the money to my bank account and then redeposit it, unless anyone knows a way around this?

    EDIT: Discovered that you request closure of the 4.9% Bonus Saver first. It then gives the option of transferring to the new 5.1% Limited Issue Easy Access.
    I contacted Beehive and was told that if I closed the Bonus saver I would only get 2.65% on the balance - I have the minimum balance of £1000 there

    I don't think that's correct - I wasn't aware of any minimum account term when I held an earlier issue, and received the expected amount of interest on closure. It would be a strange penalty that would make it more restrictive than a notice account but less than a fixed term account.
  • Frogletina
    Frogletina Posts: 3,914 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    masonic said:
    Beehive Money Limited Issue Easy Access 5.10%

    Min. £1k - Interest Yearly

    Source: Money Facts



    I've opened this new 5.1% account on the Beehive app but it does not seem possible to transfer the balance from my existing 4.9% Bonus Saver. Maybe I shall have to send the money to my bank account and then redeposit it, unless anyone knows a way around this?

    EDIT: Discovered that you request closure of the 4.9% Bonus Saver first. It then gives the option of transferring to the new 5.1% Limited Issue Easy Access.
    I contacted Beehive and was told that if I closed the Bonus saver I would only get 2.65% on the balance - I have the minimum balance of £1000 there

    I don't think that's correct - I wasn't aware of any minimum account term when I held an earlier issue, and received the expected amount of interest on closure. It would be a strange penalty that would make it more restrictive than a notice account but less than a fixed term account.
    masonic said:
    Beehive Money Limited Issue Easy Access 5.10%

    Min. £1k - Interest Yearly

    Source: Money Facts



    I've opened this new 5.1% account on the Beehive app but it does not seem possible to transfer the balance from my existing 4.9% Bonus Saver. Maybe I shall have to send the money to my bank account and then redeposit it, unless anyone knows a way around this?

    EDIT: Discovered that you request closure of the 4.9% Bonus Saver first. It then gives the option of transferring to the new 5.1% Limited Issue Easy Access.
    I contacted Beehive and was told that if I closed the Bonus saver I would only get 2.65% on the balance - I have the minimum balance of £1000 there

    I don't think that's correct - I wasn't aware of any minimum account term when I held an earlier issue, and received the expected amount of interest on closure. It would be a strange penalty that would make it more restrictive than a notice account but less than a fixed term account.
    I've had to reinstall the app as it was frozen every time I opened it. I can now close it online so I'm going to do it anyway. I wish there wasn't the minimum balance there and in the easy access account as I just want the account as a backup account. I have the Santander 5.2 % where most of my money is going that I don't want tied up
    Not Rachmaninov
    But Nyman
    The heart asks for pleasure first
    SPC 8 £1567.31 SPC 9 £1014.64 SPC 10 # £1164.13 SPC 11 £1598.15 SPC 12 # £994.67 SPC 13 £962.54 SPC 14 £1154.79 SPC15 £715.38 SPC16 £1071.81⭐⭐⭐⭐⭐⭐⭐⭐⭐Declutter thread - ⭐⭐🏅
  • masonic said:
    Beehive Money Limited Issue Easy Access 5.10%

    Min. £1k - Interest Yearly

    Source: Money Facts



    I've opened this new 5.1% account on the Beehive app but it does not seem possible to transfer the balance from my existing 4.9% Bonus Saver. Maybe I shall have to send the money to my bank account and then redeposit it, unless anyone knows a way around this?

    EDIT: Discovered that you request closure of the 4.9% Bonus Saver first. It then gives the option of transferring to the new 5.1% Limited Issue Easy Access.
    I contacted Beehive and was told that if I closed the Bonus saver I would only get 2.65% on the balance - I have the minimum balance of £1000 there

    I don't think that's correct - I wasn't aware of any minimum account term when I held an earlier issue, and received the expected amount of interest on closure. It would be a strange penalty that would make it more restrictive than a notice account but less than a fixed term account.
    I closed mine and got the full 4.9% interest. 
  • TiVo_Lad said:
    According to MoneyFacts, Chorley Building Society have launched their North West Easy Access Saver (1 Withdrawal) @ 5.2%
    It's only available to locals (Lancashire, Merseyside, Manchester, Cumbria and Cheshire) and can be operated online, in branch or via post.

    Only one withdrawal per calendar year? That is a whole new definition of an easy access account.
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