The Top Easy Access Savings Discussion Area

wiseonesomeofthetime

I find it strange how each time I open a savings account with Tesco, I have to wait for them to verify it's me before I can actually then withdraw money from the new account, if needed.

Did try to speed up process my phone but they're "busy"

dc_scotland

wiseonesomeofthetime said:

I find it strange how each time I open a savings account with Tesco, I have to wait for them to verify it's me before I can actually then withdraw money from the new account, if needed.

Did try to speed up process my phone but they're "busy"

I only encountered that problem for the first time today, with the latest account which I opened and funded yesterday.  I wasn't sure whether the application was still in progress, or if the process had been completed and there was perhaps a problem with the account.  So I gave them a call and they said it could be up to 48hrs before withdrawals or internal transfers from the new account are allowed.

ColdIron

My experience is that it's closer to 3 or 4 days

clivep

wiseonesomeofthetime said:

Applied without entering NI number and it went through. Account opened.

Crazy, but done. 

Thanks for the suggestion. Mine timed out on 3 attempts. 4th time I left out my NI number and it worked!!!

RG2015

Ford Money have increased the interest rate on their easy access account from 0.40% to 0.50%.

Same rate as Marcus but transfers out take at least a day as opposed to seconds with Marcus.

ColdIron

0.59% with a Tesco Internet Saver, also nearly instant even on weekends unlike Marcus

SpanishBlue

Cynergy Bank are now offering 0.66% which includes a 0.36% bonus for 12 months.

https://www.cynergybank.co.uk/personal-savings/online-easy-access-account/online-easy-access-account-issue-42/

canaldumidi

Family BS 0.65%. Min £10K.

1882

canaldumidi said:

Family BS 0.65%. Min £10K.

No deposits allowed after 3pm on November 5th so a very limited account.

murphydavid

veryintrigued said:

dc_scotland said:

I see that the Tesco Internet Saver rate has just been increased to 0.59%, incl a 12 month 0.49% bonus. And their Cash ISA rate is now increased to 0.51%, incl a 12 month 0.41% bonus.

It's a shame that you're unable to review your existing accounts ala Marcus and nudge the rate up.

You can.
Log in. Find manage my accounts (or something like that) may be a few clicks I can't remember exactly where I found it. Include the bonus and you get 0.6%. It worked for my account that I took out a few years ago.