The Top Easy Access Savings Discussion Area

cloud_dog

I see RCI have reduced their rate to 1.37%.

castle96

"Marcus will allow you to renew the bonus rate from time to time..
You can atm.
https://forums.moneysavingexpert.com/discussion/6029822

Login/account/view/(scroll down on rh side)review your savings/ (scroll down under bonus rate options) renew your bonus. "

Just opened a new Marcus a/c but cant see this option on RHS. Have not paid anything in yet. Is that the reason ??

soulsaver

castle96 wrote: »

"Marcus will allow you to renew the bonus rate from time to time..
You can atm.
https://forums.moneysavingexpert.com/discussion/6029822

Login/account/view/(scroll down on rh side)review your savings/ (scroll down under bonus rate options) renew your bonus. "

Just opened a new Marcus a/c but cant see this option on RHS. Have not paid anything in yet. Is that the reason ??

Probably but if you're not using a PC then that could also make a difference.

oldwiring

Received a notification this morning that the rate on my Tesco Internet Saver (standard interest rate account will reduce from 0.55 to 0.35% w.e.f 14/10/2019.

Strange as my account as the account is still in its bonus period to Jan 2020, and their on line pages have no mention of bonus rates for new applicants.

is Tesco Bank abandoning bonus offers completely?

polymaff

oldwiring wrote: »

Received a notification this morning that the rate on my Tesco Internet Saver (standard interest rate account will reduce from 0.55 to 0.35% w.e.f 14/10/2019.

Strange as my account as the account is still in its bonus period to Jan 2020, and their on line pages have no mention of bonus rates for new applicants.

is Tesco Bank abandoning bonus offers completely?

Tesco Internet Saver accounts receive two types of interest. The bonus, which applies to the first year only, and the indefinite Standard Interest Rate (variable). It is the latter that is being cut.


Who knows about the bonus? It has come and gone in the past.

ColdIron

oldwiring wrote: »

Received a notification this morning that the rate on my Tesco Internet Saver (standard interest rate account will reduce from 0.55 to 0.35% w.e.f 14/10/2019.

The standard rate will drop from 24/10/2019

Strange as my account as the account is still in its bonus period to Jan 2020, and their on line pages have no mention of bonus rates for new applicants.

Your bonus will continue until it expires Jan 2020

is Tesco Bank abandoning bonus offers completely?

Basically yes, for new accounts from 7th August, see

https://forums.moneysavingexpert.com/discussion/6034981

djpailo

Has anyone had experience calling Marcus bank and changing your email address?

harz99

deleted...

1Foz

Guys, need an easy access saver to bring all the money together each month that currently feeds into small accounts that I keep open to satisfy current account terms needing DDs. This is only for spare money but I figure I may aswell bring it all together into one account each month paying the best interest than the 0.55% or whatever that Birmingham midshire etc pay, plus itd be easier. I was thinking about either Marcus 1.5% or Virgin Money reg save @ 3. Think the virgin one is easy access though obviously only given there's a branch 2 miles up the road otherwise I'd be put off by having to do it in branch. Is there anywhere offering as good or better rate with easy access that allows multiple deposits / WDs?

Thanks!

polymaff

1Foz wrote: »

Guys, need an easy access saver to bring all the money together each month that currently feeds into small accounts that I keep open to satisfy current account terms needing DDs.

Why? The fundamental monthly process is: A to B to satisfy B's requirement, then same day B eventually back to A - again and again.


No loss of interest; no need for a high-interest intermediate.