The Top Easy Access Savings Discussion Area

jaypers

Not an account that I use any more anyway as it was already way behind the pack but just had a Virgin Money email advising that from 19/3 their M Saver rate is reducing to 2.5% (for up to £25k). Seems like a strange move but I’m guessing that Virgin have absolutely no more interest in promoting this product.

castle96

Re Leeds a/c. Tried many times on different browsers. Cannot open. Contacted them. "try again tomorrow" is best they can do (from IT dept)

patpalloon

I have RSI 95 day notice account paying 5.42% Monthly. But they have just announced the rate will drop to 4.84 monthly from end of April. So will give notice. But where to put it- who knows what rates will be in 3 months time.

castle96

indeed. Down?! Crystal ball for sale. Apply within

barafear799

patpalloon said:

I have RSI 95 day notice account paying 5.42% Monthly. But they have just announced the rate will drop to 4.84 monthly from end of April. So will give notice. But where to put it- who knows what rates will be in 3 months time.

I've got a couple of "high paying" notice accounts - so guess I will soon be getting that "notification" (Dudley 120 days 5.45% AER, and Chorley 200 days 5.65% AER) - at least given they are so "long" I then get that number of days +14 as the notice of any rate change. 

Also notice Premium bonds are dropping their "rate" from March draw I believe - 4.65% to 4.4% - 

Strange goings on - since it appears that the general feelings/vibes now are that base rate cuts in 2024 are "less likely" - unless I misread a story which popped up on my notifications. 

allegro120

patpalloon said:

I have RSI 95 day notice account paying 5.42% Monthly. But they have just announced the rate will drop to 4.84 monthly from end of April. So will give notice. But where to put it- who knows what rates will be in 3 months time.

The rates will be going down across the board. Put it into the best paying account in your current portfolio and/or open as many well paying accounts as you can to expand your options for the near future.  

patpalloon

barafear799 said:

patpalloon said:

I have RSI 95 day notice account paying 5.42% Monthly. But they have just announced the rate will drop to 4.84 monthly from end of April. So will give notice. But where to put it- who knows what rates will be in 3 months time.

I've got a couple of "high paying" notice accounts - so guess I will soon be getting that "notification" (Dudley 120 days 5.45% AER, and Chorley 200 days 5.65% AER) - at least given they are so "long" I then get that number of days +14 as the notice of any rate change. 

Also notice Premium bonds are dropping their "rate" from March draw I believe - 4.65% to 4.4% - 

Strange goings on - since it appears that the general feelings/vibes now are that base rate cuts in 2024 are "less likely" - unless I misread a story which popped up on my notifications. 

Do they have to give at least the notice period before they drop the rate?

janusd

patpalloon said:

barafear799 said:

patpalloon said:

I have RSI 95 day notice account paying 5.42% Monthly. But they have just announced the rate will drop to 4.84 monthly from end of April. So will give notice. But where to put it- who knows what rates will be in 3 months time.

I've got a couple of "high paying" notice accounts - so guess I will soon be getting that "notification" (Dudley 120 days 5.45% AER, and Chorley 200 days 5.65% AER) - at least given they are so "long" I then get that number of days +14 as the notice of any rate change. 

Also notice Premium bonds are dropping their "rate" from March draw I believe - 4.65% to 4.4% - 

Strange goings on - since it appears that the general feelings/vibes now are that base rate cuts in 2024 are "less likely" - unless I misread a story which popped up on my notifications. 

Do they have to give at least the notice period before they drop the rate?

I think usually they give 14 days + the notice period - though always check the t&c for the specifics of each... for example, my Dudley BS 90-Day (NLA) allows immediate access if/when they drop the rate.

Bridlington1

@soulsaver
Charter EA Issue 48 now 5.13% (£5k min)

Bridlington1

@soulsaver
Skipton BS Member Bonus Saver Issue 1 now 5.5% (includes a fixed bonus of 1.7% for 12 months)
£1 min, £3k max
Available to existing Members who have held a continuous membership with Skipton BS starting on or before 11th January 2024