The Top Easy Access Savings Discussion Area

TiVo_Lad

Each step with Ulster Bank seems ballsachingly slow. Beehive use the same process and my account was opened within 30 mins of the application being submitted. UB are still navel gazing....

jaceyboy

SeriousHoax said:

Chip has updated its app

Everything in this update went on behind-the-scenes. We've saved the front-of-house stuff for our next update. Watch this space.

It will have to be special to beat 5.20%

SonOfPearl

ColdIron said:

For those that have one, Tesco Internet Saver now 4.75%, includes a 3.50% bonus

Thanks for spotting this. To be clear, existing accounts (the most recent previously available) are still getting 4.5% but if you open a new account you get the 4.75% and can transfer any balances from the old account to the new account. 

UncleK

.............but your old account still has thrupence ha'penny interest in it......what a pain

refluxer

UncleK said:

.............but your old account still has thrupence ha'penny interest in it......what a pain

The best thing to do with old Tesco Internet Savers is to close them - they never increase the rates on old issues, IIRC.

I phoned up last year to close a couple I still had knocking around (from when their rates were pretty competitive at the end of 2021/early 2022), got through to someone straight away and the balance (including any interest due) was transferred to another account while I was on the phone. Alternatively, if you don't want to ring then you can reduce the balance to zero yourself and close the account using an online form.

UncleK

indeed you can but I found it such a fag and now they are not even competitive I stopped dealing with them

subjecttocontract

I heard today from YBS that they are launching a new easy access loyalty saver at 5.1% from tomorrow (Wednesday). It allows 3 withdrawal a year. 

SeriousHoax

jaceyboy said:

SeriousHoax said:

Chip has updated its app

Everything in this update went on behind-the-scenes. We've saved the front-of-house stuff for our next update. Watch this space.

It will have to be special to beat 5.20%

Yes, it's well down the list now. I've left £1 in.

gt94sss2

subjecttocontract said:

I heard today from YBS that they are launching a new easy access loyalty saver at 5.1% from tomorrow (Wednesday). It allows 3 withdrawal a year. 

Imho 5.1% is a rather disappointing rate for a YBS "loyalty" product given interest rates from others

Middle_of_the_Road

subjecttocontract said:

I heard today from YBS that they are launching a new easy access loyalty saver at 5.1% from tomorrow (Wednesday). It allows 3 withdrawal a year. 

This is a good sign. Even though the base rate wasn't raised last month, savings providers are still keen to attract savers with new accounts and increased rates. Although the above mentioned account is below the top rate at the moment, it should still be popular.