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The Top Easy Access Savings Discussion Area

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  • linz
    linz Posts: 1,971 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Just a reminder the NLA Easy Access Saver Limited Edition (Issue 3) interest rate drops from 5.2% to 4.2% today.
    Is anyone else getting a peverse sense of pleasure moving their money out of this today? Currently draining it into Skipton Base Rate Tracker
    #39 - Save £12k in 2025
  • Bridlington1
    Bridlington1 Posts: 3,940 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    linz said:
    Just a reminder the NLA Easy Access Saver Limited Edition (Issue 3) interest rate drops from 5.2% to 4.2% today.
    Is anyone else getting a peverse sense of pleasure moving their money out of this today? Currently draining it into Skipton Base Rate Tracker
    I emptied mine into regular savers and ISAs a while back but I must admit I do miss those wonderful days when savings rates were rising and I was moving money from one easy access account to another, in some cases several times a week in an effort to get the best EA rates possible. These days I have to make do with emptying regular savers into other regular savers, which isn't as fun now that interest rates are relatively stable.
  • patpalloon
    patpalloon Posts: 146 Forumite
    100 Posts Second Anniversary Name Dropper
    My Santander saver still currently showing 5.2%
  • Rheumatoid
    Rheumatoid Posts: 1,024 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    linz said:
    Just a reminder the NLA Easy Access Saver Limited Edition (Issue 3) interest rate drops from 5.2% to 4.2% today.
    Is anyone else getting a peverse sense of pleasure moving their money out of this today? Currently draining it into Skipton Base Rate Tracker
    not really. It was working well. Shift to Chase 5.1 tho and that works well for me also
    16 Panel (250W JASolar) 4kWp, facing 170 degrees, 40 degree slope, Solis Inverter. Installed 29/9/2015 - £4700 (Norfolk Solar Together Scheme); 9.6kWh US2000C Pylontech batteries + Solis Inverter installed 12/4/2022 Year target (PVGIS-CMSAF) = 3880kWh - Installer estimate 3452 kWh:Average over 6 years = 4400 :j
  • Johnny-Cage
    Johnny-Cage Posts: 267 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    linz said:
    Just a reminder the NLA Easy Access Saver Limited Edition (Issue 3) interest rate drops from 5.2% to 4.2% today.
    Is anyone else getting a peverse sense of pleasure moving their money out of this today? Currently draining it into Skipton Base Rate Tracker
    It was good that it lasted for long as it did. Bulk of my savings are for a extension so happy to transfer in to a Oxbury notice account at 5.26%
  • patpalloon
    patpalloon Posts: 146 Forumite
    100 Posts Second Anniversary Name Dropper
    My Santander saver still currently showing 5.2%
    Now it is 4.12% - ouch!!!! Time to move it to Monument
  • Nick_C
    Nick_C Posts: 7,622 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    With CPI inflation at 3.2% (and probably falling), savers have never had it so good.
  • mebu60
    mebu60 Posts: 1,689 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Nick_C said:
    With CPI inflation at 3.2% (and probably falling), savers have never had it so good.
    If they don't pay tax. 
  • soulsaver
    soulsaver Posts: 6,669 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 20 May 2024 at 2:44PM
    @soulsaver
    Paragon Double Access Savings Account Issue 8 to be launched at 4.91% tomorrow

    If the above source is accurate (It usually is, Ed.) note: This account Iss7 is still available at 5.05%  today, probably for the last day... see here and follow on posts for more info.
  • FIREmenow
    FIREmenow Posts: 375 Forumite
    100 Posts Second Anniversary Name Dropper
    soulsaver said:
    @soulsaver
    Paragon Double Access Savings Account Issue 8 to be launched at 4.91% tomorrow

    If the above source is accurate (It usually is, Ed.) note: This account Iss7 is still available at 5.05%  today, probably for the last day... see here and follow on posts for more info.
    Adding to this, you only have to fund it within 28 days of opening.

    I opened a basic saver to become a customer and then the issue 7 on Saturday. Although the minimum payment and minimum balance is £1k, you have 28 days, so I've left it empty now to see where the land lies in a few weeks. I have Ulster loyalty at 5.2% so just creating some backups. 

    I did put £1 in the basic savings account straight away as I didn't want anything to delay getting set up and able to apply for issue 7 of the double access.

    Does anyone know how long issue 7 was available for? Wondering how quickly they go through the issues.
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