The Top Easy Access Savings Discussion Area

Bridlington1 · 26 October 2023 at 3:53PM

@soulsaver
Close Brothers EA now 5.15% (£10k min).

Middle_of_the_Road · 27 October 2023 at 10:36AM

BlackthornU said:

Middle_of_the_Road said:

Bridlington1 said:

Coventry Triple Access at 5.2% is now NLA.

Still available, at a much lower rate.

Triple Access Saver (coventrybuildingsociety.co.uk)

'Old' account opened up to 25.10.23 still at 5.2%
Bottom of page - https://www.coventrybuildingsociety.co.uk/member/savings/closed-accounts.html
Triple Access Saver (Online) 5.20% AER* (Variable) available 29.09.2023 - 25.10.2023 £1 - £250,000

Yes, that's how it normally works. Withdrawn accounts remain at the original rate.
Not sure why the triple access savers don't have an issue number, like their limited access and easy access accounts.

Wheres_My_Cashback · 27 October 2023 at 1:11PM

With the MPC meeting on Thursday I'd say this isn't the time to open anything new.

scottishstu · 27 October 2023 at 2:09PM

Middle_of_the_Road said:
Yes, that's how it normally works. Withdrawn accounts remain at the original rate.
Not sure why the triple access savers don't have an issue number, like their limited access and easy access accounts.

Yes, I think I'd prefer there was an issue number too. I've just consolidated some savings in the Coventry from some other poorer performing accounts so was fearing the worst when I saw the lower rate today (for new applications, as it turns out).

I do realise it's a variable rate but would be keen on a few months of stability at least...

Rheumatoid · 27 October 2023 at 5:29PM

Wheres_My_Cashback said:

With the MPC meeting on Thursday I'd say this isn't the time to open anything new.

Why? That kind of assumes a rise in rates which doesn't seem very likely.

ranciduk · 27 October 2023 at 6:33PM

Quite possible no more rises for 6 months

Wheres_My_Cashback · 27 October 2023 at 7:44PM

Rheumatoid said:

Wheres_My_Cashback said:

With the MPC meeting on Thursday I'd say this isn't the time to open anything new.

Why? That kind of assumes a rise in rates which doesn't seem very likely.

Assumes nothing whatsoever, picture will be much clearer in 6 days as to whether changes in account rates are likely or not.

pecunianonolet · 27 October 2023 at 8:08PM

Given the status of the world nothing is certain. ECB kept rates so not expecting any rise at all. If wars escalate and fuel prices and energy are shooting back up we might see inflation jump again, that could lead to a further rise but I think that's it and it will be kept where it is.