The Top Easy Access Savings Discussion Area

Marcoos

allegro120 said:

gravel_2 said:

allegro120 said:

Ulster Loyalty Saver.
This might be a useful info for those who never tried larger withdrawals yet.
I used to make payments from this account to some of my RSs, but never exceeded £3k per day. Yesterday I was trying to withdraw a larger amount and discovered that the system don't let me withdraw more than £3k per day.  Tried this morning again and it didn't let me withdraw anything saying that I've already used my £3k limit.  I used chat, they explained me how to increase my limit and my problem was solved.
This is what I've learned from this experience:
1. Default setting is £3k for app and £2k for online per day, but can be manually changed to up to 20k per day.
2. Ulster's "day" can be more than one day.  Weekend+bank holiday is counted as one day. My £3k allowance was stretched from Saturday to Monday (3rd June is a bank holiday in Ireland).  
 

Good warning. My default was £750(!) when I tried to withdraw last week.

It looks like Ulster's default is random.  IIRC Santander's default was £5k for everyone.

It's the same for Natwest and RBS, same group I know. You need biometrics to go over £750. Can take a while to setup biometrics.

EthicsGradient

Did those of you opening the new Chase until-Jan-2025 boosted savings account already have a boosted-until-Nov account? Because, although their web pages say 

"You are eligible to get this offer if on 2 May 2024:

(a) you didn’t have a Chase saver account; or

(b) you had one or more Chase saver account(s) but the balance across all of those Chase saver accounts was below £50,000."

and I qualify under (b), having about £30 in a boosted-until-Nov account, I don't get anything talking about the new boost or 5.1% - just 4.1%. Do you have to go into the "add an account" process and get beyond naming it before they mention the 5.1%/boost?

adindas

I typically do not pay attention to my YBS saver saving rate as it is just stay there for a few days before I transfer it back. But I just notice that my Internet Saver Plus I13 is paying 4.80%.. This is a respectable interest rate foo easy access saving. I actually do not open this account as this is the conversion from the old Christmas Saver 2023 which mature a while ago. I was trying to locate the KPI (Summary of that product) I could not find it. But I could find Internet saver Plus Issue 14 which is available in here

https://www.ybs.co.uk/documents/productdata/Factsheet-YB681791W.pdf

My question:

Is the YBS Internet Saver Plus i13 currently paying 4.80% have the same term with Internet Saver Plus i14 e.g Unlimited withdrawals (subject to daily withdrawal limits), you could put a large lump sum and still get 4.80% ?

Does anyone could share info where could I find the KPI/Summary for this YBS Internet Saver Plus i13 ?

TIA

Bridlington1

@soulsaver
Close Brothers Savings Easy Access Account Issue 4 now 4.9% (£10k min)

In addition the Chase Saver Account at 5.1% (includes 1% bonus) could possibly be worth being included in the top 10 given the new eligibility criteria for the top rate?? (see posts by @pokemaster and @EthicsGradient)

SonOfPearl

adindas said:

My question:

Is the YBS Internet Saver Plus i13 currently paying 4.80% have the same term with Internet Saver Plus i14 e.g Unlimited withdrawals (subject to daily withdrawal limits), you could put a large lump sum and still get 4.80% ?

Does anyone could share info where could I find the KPI/Summary for this YBS Internet Saver Plus i13 ?

TIA

Yes, there are unlimited withdrawals subject to daily limits.

jaypers

The only thing I don’t really like about YBS is no monthly interest options.

adindas

jaypers said:

The only thing I don’t really like about YBS is no monthly interest options.

Also for withdrawal, even it says instant withdrawal but in my personal experience it will typically take at least two working days.

Regarding monthly interest, Is it for tax purposes ??

jaypers

adindas said:

jaypers said:

The only thing I don’t really like about YBS is no monthly interest options.

Why would you want a monthly Interest ? Is it for tax purposes ??

Personal preference. I like to have drips of extra money coming in throughout each month from various providers. 

dali21

EthicsGradient said:

Did those of you opening the new Chase until-Jan-2025 boosted savings account already have a boosted-until-Nov account? Because, although their web pages say 

"You are eligible to get this offer if on 2 May 2024:

(a) you didn’t have a Chase saver account; or

(b) you had one or more Chase saver account(s) but the balance across all of those Chase saver accounts was below £50,000."

and I qualify under (b), having about £30 in a boosted-until-Nov account, I don't get anything talking about the new boost or 5.1% - just 4.1%. Do you have to go into the "add an account" process and get beyond naming it before they mention the 5.1%/boost?

The new Boosted Saver to January 2025 is called the Boosted Saver Two.  I think Chase are treating the November and January Boosted Savers as different offers for ‘eligible’ customers and their website also states that you cannot hold more than one Boosted Saver at any one time. 

soulsaver

Bridlington1 said:

@soulsaver
Close Brothers Savings Easy Access Account Issue 4 now 4.9% (£10k min)

In addition the Chase Saver Account at 5.1% (includes 1% bonus) could possibly be worth being included in the top 10 given the new eligibility criteria for the top rate?? (see posts by @pokemaster and @EthicsGradient)

Messaged Chase asking if I need to close my account to get it.

ETA: Chase gets in ToTP; There's enough intel here now.. little thanks to them.