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Comments

  • 10_66
    10_66 Posts: 3,480 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    tg99 said:
    cahoot cahoot Simple Saver (Issue 2)

    5% / 5.12%

    Monthly / Yearly interest

    Source: Money Facts

    Any idea if this rate has also been applied to the simple saver launched a couple of months back at 4.9%?
    I'm still waiting for the first one to be opened!  I tried applying in August but, for some reason, they couldn't complete online ID check (they do it via Experian, I checked all the info held and it matched).  Had to apply via 'phone, still had to complete ID by post - not heard anything since, not that I'm bothered as other accounts beat it shortly afterwards.
  • t33
    t33 Posts: 170 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 9 October 2023 at 9:22AM
    Cahoot - have not received any notification on changes to their Simple Saver Issue 1 4.9% so assume it is unaffected and notice Issue 2 been released at 5.12% AER.  Also cannot find the SS Issue 1 on NLA on their website, maybe I've just missed it somehow.
    If I decide to upgrade to Issue 2 is the process the same as their parent Santander?
    Thanks
  • soulsaver
    soulsaver Posts: 6,690 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 9 October 2023 at 10:34AM
    tg99 said:
    cahoot cahoot Simple Saver (Issue 2)

    5% / 5.12%

    Monthly / Yearly interest

    Source: Money Facts

    Any idea if this rate has also been applied to the simple saver launched a couple of months back at 4.9%?
    It hasn't. Looks like you need to apply... from scratch. 
  • Malchester
    Malchester Posts: 1,005 Forumite
    Eighth Anniversary 500 Posts Photogenic Name Dropper
    soulsaver said:
    tg99 said:
    cahoot cahoot Simple Saver (Issue 2)

    5% / 5.12%

    Monthly / Yearly interest

    Source: Money Facts

    Any idea if this rate has also been applied to the simple saver launched a couple of months back at 4.9%?
    It hasn't. Looks like you need to apply... 
    Yes, just checked mine. Still at old rate but simple to apply for new account and then transfer over. The 12 months starts again as far as I'm aware 
  • SJMALBA
    SJMALBA Posts: 1,105 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    Is there an existing customer application for Cahoot. or do you have to go through the full 'from scratch' application process?
  • friolento
    friolento Posts: 2,572 Forumite
    1,000 Posts Second Anniversary Name Dropper Photogenic
    SJMALBA said:
    Is there an existing customer application for Cahoot. or do you have to go through the full 'from scratch' application process?

    I had to do it from scratch, couldn't find any other way. The new account did show instantly in online banking.
  • janusd
    janusd Posts: 1,073 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    SJMALBA said:
    Is there an existing customer application for Cahoot. or do you have to go through the full 'from scratch' application process?
    similar to @friolento, you have to apply from scratch - on completion, it says they'll contact you within 5 days, but as an existing customer, the account was setup instantly... I threw £1 in the old account and then transferred the previous balance from old to new... i'll probably keep both for now.
  • Bridlington1
    Bridlington1 Posts: 3,994 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    edited 9 October 2023 at 3:03PM
    @soulsaver
    HTB Online EA Issue 14 now 5.09% (£1 min)
  • mebu60
    mebu60 Posts: 1,692 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Thanks B1. Existing customer email sent as I only had token amount in Issue 13 at 4.55%. That takes their EA higher than 18 Month Bond Issue 24 issued in May at 5.02%. 
  • kjs31
    kjs31 Posts: 218 Forumite
    100 Posts Second Anniversary Name Dropper
    edited 9 October 2023 at 3:58PM
    similar to @friolento, you have to apply from scratch - on completion, it says they'll contact you within 5 days, but as an existing customer, the account was setup instantly... I threw £1 in the old account and then transferred the previous balance from old to new... i'll probably keep both for now.
    Think I’ll give this a miss. It was one of the worst accounts to get set up the first time round and anyway they share FSCS protection with Santander and I grabbed their 5.2% account when it was available. 
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