The Top Easy Access Savings Discussion Area

Superscrooge

Don't know if there was a previous problem. But the link works fine now

https://www.securetrustbank.com/personal-savings-accounts/our-bonds/5-year-fixed-rate-bond

As RG2015 stated. This is not easy access. It's a fixed rate for 5 years

Bleg

Tesco internet saver up to 1.42..... are they slowly creeping up to 1.5? why do they not notify customers? or is it just me?

uptdale

Tesco internet saver up to 1.42..... are they slowly creeping up to 1.5? why do they not notify customers? or is it just me?

Tesco are not the only ones playing that game. The Post Office is up to 1.45%, no notice to existing customers on lower rates.

polymaff

RG2015 wrote: »

PS: The 2.7% is for a 5 year fixed rate account which has the capital sum locked away for the full 5 years.

Superscrooge wrote: »

Don't know if there was a previous problem. But the link works fine now

https://www.securetrustbank.com/personal-savings-accounts/our-bonds/5-year-fixed-rate-bond

As RG2015 stated. This is not easy access. It's a fixed rate for 5 years

And it isn't 2.7%, either

G_M

Bleg wrote: »

Tesco internet saver up to 1.42..... are they slowly creeping up to 1.5? why do they not notify customers? or is it just me?

Look at it this way: each time they increase the rate, you close your old account and get the interest earned to date added to the new account you open, thus compounding early. So the APR is actually higher...


:T

2010

Unless things have changed recently, to close an account with Tesco, you have to phone them up to do so.
A bit of a pain in the a

---

You should be able to do this online with internet banking.

RG2015

RG2015 wrote: »

Do you have a link as I cannot find any reference to a 2.7% easy access account?

It is clearly a mistake as there is no easy access account offering 2.7% but I am surprised that MSE would make a big thing of it without the report being proof read.

PS: The 2.7% is for a 5 year fixed rate account which has the capital sum locked away for the full 5 years.

polymaff wrote: »

And it isn't 2.7%, either

See the link below.

https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/

polymaff

polymaff wrote: »

And it isn't 2.7%, either

RG2015 wrote: »

See the link below.

https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/

Now, now. You're inappropriately responding to my response to Superscrooge.

RG2015

polymaff wrote: »

Now, now. You're inappropriately responding to my response to Superscrooge.

Guilty, as charged.

It would have been nice to have seen a response from 50Twuncle though.

50Twuncle

RG2015 wrote: »

Guilty, as charged.

It would have been nice to have seen a response from 50Twuncle though.

OK Secure Trust - 5 years fixed at 2.71% - no good for me - hopefully interest rates will have climbed a little by then !