The Top Easy Access Savings Discussion Area

soulsaver

ircE said:

Dunno if I'm missing something obvious but Secure Trust have a 5.05% account that isn't listed on moneyfacts?

Looks a good find

jameseonline

ircE said:

Dunno if I'm missing something obvious but Secure Trust have a 5.05% account that isn't listed on moneyfacts?

But is listed on MSE but apparently some of you don't check MSE & use a rival site 🙃

Bridlington1

soulsaver said:

Virgin Money Defined Access E-Saver iss 23 'Tri' 5.01% (27/03) Appears to have gone ***NLA 30/03***

It hasn't, you've used the link for issue 22. For issue 23:
https://uk.virginmoney.com/savings/products/defined_access_e_saver_issue_23

soulsaver

Bridlington1 said:

soulsaver said:

Virgin Money Defined Access E-Saver iss 23 'Tri' 5.01% (27/03) Appears to have gone ***NLA 30/03***

It hasn't, you've used the link for issue 22. For issue 23:
https://uk.virginmoney.com/savings/products/defined_access_e_saver_issue_23

:slap head: 
Had the wrong one in the ToTP then, thanks - corrective action in hand FGS!

And a Happy Easter to all.

ircE

Monthly snapshot for reference/interest only, usual disclaimers... and happy clock-change/Easter/long weekend!

First table is soulsaver's top 10 at the time of posting*, second table of True EAs are soulsaver-eligible accounts that can be opened and maintained with £1 and allow unlimited deposits and withdrawals, third table of True Instant EAs are those True EAs that advertise instant access to funds (up to 3 hours, but usually within minutes, 24/7). Colours highlight changes compared to last month's scorecard: red is for a decline in interest rate, green for a rise in interest rate, blue for new entries for each table.

Secure Trust and Post Office are taking the opportunity amongst this month's carnage to shore up funds, though given what's happened to the other providers, we'll see how long they last.

We're at an interesting point where the gap between the bottom of the first table is not too far from the top of the third table. The gap might continue to narrow for now but I suspect will grow again once the base rate starts dropping.

* @soulsaver hasn't currently marked Virgin Money as #5 but I think that's just an error.

jaypers

Investec are missing from the ‘True Instant EA’ table. 

BigBlueSky

What about Santander and Cahoot paying 5.20% ?

Bridlington1

BigBlueSky said:

What about Santander and Cahoot paying 5.20% ?

Santander's 5.2% EA account went NLA months ago and I would imagine that their 7% Edge Saver along with the 5.2% Cahoot Sunny Day Saver haven't been included due to their fairly low (£4k and £3k respectively) maximum balances for the rate.

Patr100

I know strictly speaking it's an ISA  and has been mentioned before but I just moved from the (soon to reduce in May) Easy Access  Santander to Zopa Smart Isa 5.08% AER (4.96% gross) variable including   bonus rate until 6th April 2025 but you need to open it by  5th April to get the bonus rate.
You can move up to £40k  if you're quick - 20k by 5th April and up to 20k after.
I already had the Zopa app for  a previous account and so it was quick to set up and even if you don't need the tax exemption it seemed a good place to put it for now  if you haven't used your ISA allocation - can easily access or move out if needed later.

RosieRooBear

@Patr100, I’ve done exactly the same as you, am moving my money from Santander 5.2% to the  Zopa 5.08% ISA, although I’m tempted to move it back after April 5th to Santander to get an extra few weeks at the 5.2%.