The Top Easy Access Savings Discussion Area

antrobus

somersetsaving wrote: »

Hi, we wondered how you find the accounts and rates? Just because our credit union's savings rates have been consistently better than the 'instant access savings' or the 'ethical savings' rates you quote in the article. We have delivered 1.5% for the past 2 years running.
Is there any way we can be included when you do the research?

See
http://www.moneysavingexpert.com/banking/credit-unions

The issue with CUs is that their accounts are not available to the general public.

somersetsaving

Great thanks for your input - we are working out how best to engage with MSE so your help is greatly appreciated.

Archi_Bald

somersetsaving wrote: »

We have delivered 1.5% for the past 2 years running.

I made between 4% and 5% on my cash for each of the past 2 years, with full FSCS protection.

colsten

FOREVER21 wrote: »

I'm afraid I lost faith in credit unions after my experience with DotCom Unity which went into liquidation last year.

You are not the only one. Sadly, DCU has given credit unions a very bad name.

murphydavid

Archi_Bald wrote: »

I made between 4% and 5% on my cash for each of the past 2 years, with full FSCS protection.

Was this by using current account switching or something else?

jenniewb

Just answered my own question! No her money is not safe with a stocks and shares ISA, thanks MSE Martin for the write up on that! Still found better with the general ISA list sent out in the email the other week and it's way better than her 1% bank offer! Just wish they'd offer cashback too like the stocks and shares ISAs do!

polymaff

jenniewb wrote: »

I've found Raphaels bank (via MSE) offer 2.25% for a lump sum over 3 years.

Wasn't that account withdrawn last week?

murphydavid

jenniewb wrote: »

Just answered my own question! No her money is not safe with a stocks and shares ISA, thanks MSE Martin for the write up on that! Still found better with the general ISA list sent out in the email the other week and it's way better than her 1% bank offer! Just wish they'd offer cashback too like the stocks and shares ISAs do!

Bit confused? The two emails posted yesterday seem to refer to previous posts that I cant find. Were they deleted? Anyway
I'm always interested when someone says "found better". Was what you found Raphaels bank as in the quote by polymaff?. Where can the email you refer to be found? Thanks

polymaff

murphydavid wrote: »

Bit confused? The two emails posted yesterday seem to refer to previous posts that I cant find. Were they deleted? Anyway
I'm always interested when someone says "found better". Was what you found Raphaels bank as in the quote by polymaff?. Where can the email you refer to be found? Thanks

The original was significantly edited three minutes after my posting, David!

Archi_Bald

murphydavid wrote: »

Was this by using current account switching or something else?

Just the interest from my 3%, 4%, 4.5%, 5% and 6% accounts.

The 4.5% one has matured now and I can't replace it, so it will be badly missed. There will be a couple of others where the rate has / will come down, making my average for this year lower. I still expect it to be very close to 4% for this tax year.