The Top Easy Access Savings Discussion Area

BooJewels

BigBlueSky said:

happybagger said:

I bet many of us with the 5.2 account at Santander, dropping on 20 May, also ended up getting the 5.12% cahoot one, certainly for me that's my next best at the moment. I think it likely cahoot, being part of Santander, will also drop, especially if a lot of people transfer in. That is my intention, even though I also have a 5.15% account elsewhere.

The added bonus is cahoot also has the 60 day notice-of-reduction window.

I thought the Cahoot one was also 5.2%. Is that one reducing too?

Issue 1 of the Cahoot Simple Saver was 4.9% AER / 4.79% gross/monthly - August 2023.

Issue 2 of the Cahoot Simple Saver was 5.12% AER / 5% gross/monthly - October 2023.

But both giving 60 days notice of a drop in rates - which hasn't happened as yet.  I expected it to follow quick on the heels of the Santander Easy Access drop, but it didn't.

Frogletina

BigBlueSky said:

happybagger said:

I bet many of us with the 5.2 account at Santander, dropping on 20 May, also ended up getting the 5.12% cahoot one, certainly for me that's my next best at the moment. I think it likely cahoot, being part of Santander, will also drop, especially if a lot of people transfer in. That is my intention, even though I also have a 5.15% account elsewhere.

The added bonus is cahoot also has the 60 day notice-of-reduction window.

I thought the Cahoot one was also 5.2%. Is that one reducing too?

Cahoot sunny day saver is 5.20%, Cahoot simple saver is 5.12%

friolento

Frogletina said:

BigBlueSky said:

happybagger said:

I bet many of us with the 5.2 account at Santander, dropping on 20 May, also ended up getting the 5.12% cahoot one, certainly for me that's my next best at the moment. I think it likely cahoot, being part of Santander, will also drop, especially if a lot of people transfer in. That is my intention, even though I also have a 5.15% account elsewhere.

The added bonus is cahoot also has the 60 day notice-of-reduction window.

I thought the Cahoot one was also 5.2%. Is that one reducing too?

Cahoot sunny day saver is 5.20%, Cahoot simple saver is 5.12%

Sunny Day saver only pays interest on the first £3,000

HHUK

Ulster Loyalty Saver still offering 5.2% on balances £5,000 and over I believe

allegro120

happybagger said:

I bet many of us with the 5.2 account at Santander, dropping on 20 May, also ended up getting the 5.12% cahoot one, certainly for me that's my next best at the moment. I think it likely cahoot, being part of Santander, will also drop, especially if a lot of people transfer in. That is my intention, even though I also have a 5.15% account elsewhere.

The added bonus is cahoot also has the 60 day notice-of-reduction window.

I will be withdrawing on 20 May.  Looks like I've got a few other 5.2% (Ulster, DF, Coventry Triple, two Sunny Cahoots) at the moment, but all of them might drop their rates soon, you never know.  I have plenty of 5%+ as a back up.. we'll see what the picture is on 20th May, it might be that Skipton tracker ends up to be a winner.  I also keep £1k (min requirement to keep it open) in Mansfield 90 days' notice tracker - this pays BoE rate and has no end.

Catplan

happybagger said:

I bet many of us with the 5.2 account at Santander, dropping on 20 May, also ended up getting the 5.12% cahoot one, certainly for me that's my next best at the moment. I think it likely cahoot, being part of Santander, will also drop, especially if a lot of people transfer in. That is my intention, even though I also have a 5.15% account elsewhere.

The added bonus is cahoot also has the 60 day notice-of-reduction window.

I did get the Cahoot account, also the Beehive limited issue easy access at 5.20 which looks like being useful now.

jameseonline

Frogletina said:

BigBlueSky said:

happybagger said:

I bet many of us with the 5.2 account at Santander, dropping on 20 May, also ended up getting the 5.12% cahoot one, certainly for me that's my next best at the moment. I think it likely cahoot, being part of Santander, will also drop, especially if a lot of people transfer in. That is my intention, even though I also have a 5.15% account elsewhere.

The added bonus is cahoot also has the 60 day notice-of-reduction window.

I thought the Cahoot one was also 5.2%. Is that one reducing too?

Cahoot sunny day saver is 5.20%, Cahoot simple saver is 5.12%

What confused me is you apply for Cahoot Simple Saver (current issue 3 is 4.10%/4.02% it seems)but online (when you login) it shows up as Cahoot Savings Account, in emails it shows as Cahoot Instant Access.

Sunny Day Saver is the only consistent branding.

Also further confusion in regards to Cahoot: they mention you need two letters & 3 parts to be able to login, that wasn't true for me.

I didn't have to put both sets off numbers revealed by scratch off panels to complete registration/online access.

They also mention telephone banking and needing a 16 digit card number but Cahoot don't do current accounts anymore do they?.

Seems Cahoot might need to update, otherwise change things with branding etc.

smithers1981

Chase email 5.1% with bonus rate until November many of us will already hold account could be straightforward for when santander drops 

cadguy77

smithers1981 said:

Chase email 5.1% with bonus rate until November many of us will already hold account could be straightforward for when santander drops 

https://forums.moneysavingexpert.com/discussion/comment/80710780/#Comment_80710780

Zopa_Trooper

I didn't get the offer, had over £500 in the CHASE account. I use it a lot, money in and out. Every time its gets to £1000 I move it on. It would stay there had they offered me the 5.1%. Never mind.