The Top Easy Access Savings Discussion Area

david4321

For fixed rate accounts, MSE article recommends FirstSave (eg 1.15% for 2 years at 22 Nov 2020). However, this bank is not included in best buy tables in any of the websites MoneySuperMarket, MoneyFacts and ThisIsMoney. Is it because the FirstSave is owned by a bank in Zimbabwe ?

colsten

david4321 said:

For fixed rate accounts, MSE article recommends FirstSave (eg 1.15% for 2 years at 22 Nov 2020). However, this bank is not included in best buy tables in any of the websites MoneySuperMarket, MoneyFacts and ThisIsMoney. Is it because the FirstSave is owned by a bank in Zimbabwe ?

MSE doesn't recommend, they just list the top rate accounts. 

The First Bank accounts listed are provided by FBN UK, a subsidiary of FB of Nigeria. As indicated in the MSE table, the products listed are FSCS protected, so there is no issue as long as you don't exceed £85K with FBN UK.

snowqueen555

I notice the Saga account requires you to be 50 or over and rules me out. Can this be included in the website guide?

eskbanker

snowqueen555 said:

I notice the Saga account requires you to be 50 or over and rules me out.

Where does it say that?  The summary box at https://www.sagasavings.co.uk/uk/en/savings states "To open an account in either sole or joint names you must be aged 18 or over and be a UK resident (including for tax purposes)"

george4064

Just realised my old Marcus account still offers 0.7%, so I will be transferring my Income Bonds bakance to Marcus. 

I-LOV-MONEY

george4064 said:

Just realised my old Marcus account still offers 0.7%, so I will be transferring my Income Bonds bakance to Marcus. 

To think that is where I moved my money from !

I-LOV-MONEY

Saga - 'The Saga Easy Access Savings Account is provided by Goldman Sachs International Bank "   who run the Marcus account!

snowqueen555

eskbanker said:

snowqueen555 said:

I notice the Saga account requires you to be 50 or over and rules me out.

Where does it say that?  The summary box at https://www.sagasavings.co.uk/uk/en/savings states "To open an account in either sole or joint names you must be aged 18 or over and be a UK resident (including for tax purposes)"

I've looked at the front page and didn't look further

Whether you're saving for a holiday, dreaming of a new car or just want to put something aside for a rainy day, it's important to choose a savings account that suits you best. Available to UK residents aged 50 or over, new Saga Savings Account products are provided by Goldman Sachs International Bank.

snowqueen555

p.s from https://www.saga.co.uk/money/savings

I-LOV-MONEY

snowqueen555 said:

Whether you're saving for a holiday, dreaming of a new car or just want to put something aside for a rainy day, it's important to choose a savings account that suits you best. Available to UK residents aged 50 or over, new Saga Savings Account products are provided by Goldman Sachs International Bank.

Use Marcus instead.