The Top Easy Access Savings Discussion Area

Daliah

dekkard said:

Is the Atom mobile app generally reliable? There are both good and bad reviews online.

I haven't had any problems myself, and I have not seen problems with it mentioned on MSE.

refluxer

andyhicks88 said:

They have the biggest 1yr fix as well currently so they are a good option right now. Has anyone used them before? What are your experiences?

I opened a Fixed Rate Saver with them last year and the application process (via the app) was fairly lengthy but worked well. Their app security uses a 6-digit pin number or facial / voice recognition. Statement and account documents can be downloaded to your phone. I actually just opened another Fixed Rate Saver and the process only took a few minutes - it's obviously much quicker when you're an existing customer, although there are still a lot of T&Cs to read, just like with any bank ! 

I don't need to open their Instant Saver as I currently have a higher rate with Tesco (no longer available), but would have no problem opening one if I needed it, based on my experience so far.

Just bear in mind they are app-based only, so you need to ensure that your phone's OS will be supported during the time you're a customer and (if you open a Fixed Rate Saver) when you need to interact with them at the end of the Fixed Rate period ! More info on this (including the current minimum phone OS specs) can be found in the FAQ section on their website.

murphydavid

dekkard said:

Is the Atom mobile app generally reliable? There are both good and bad reviews online.

Works fine for me too. On Ipad. Can do faceID VoiceID or Passcode. Never checked if it would recognize someone else but is secure in that you would have to know my Ipad sign in to get at it. Much easier than the Cynergy bank log on routine though I do persist with Cynergy for instant access when the rate is higher. Nice to know I can now return to Atom for a while.  

badger09

Consumerist said:

badger09 said:

I have a CBS Double Access Saver, variable rate. No notification & no rate increase showing online.

Wasn't that converted to a Limited Access Saver (6 withdrawals per year) ?

It is indeed now called Limited Access Saver (Online).

Still bears the original name on my spreadsheet, with additional note. Makes it easier for me to find saved T&Cs if I ever need them

 

veggieblob

From Virgin Money.  
Breaking news!

From 1 March we'll be boosting our M Plus linked saver to a red-hot and market-leading interest rate of 1% AER (variable) on balances up to £25,000. Even better, we’re also increasing the interest rate to 0.50% AER (variable) on balances above £25,000.

If you don't already have an M Plus Account, don’t miss out, apply now: https://virg.in/4umW

castle96

re Virgin (above). This is the linked a/c that currently pays 0.35% - yes? If you have multiple M plus's, so you can stuff £25k into each, at 1% (from 1st March - ??

SpanishBlue

murphydavid said:

dekkard said:

Is the Atom mobile app generally reliable? There are both good and bad reviews online.

Much easier than the Cynergy bank log on routine though I do persist with Cynergy for instant access when the rate is higher.

I too find logging into Cynergy a lottery. Sometimes I get in 1st time, other times it has taken me 5, 6 or even 7 attempts.

wiseonesomeofthetime

castle96 said:

re Virgin (above). This is the linked a/c that currently pays 0.35% - yes? If you have multiple M plus's, so you can stuff £25k into each, at 1% (from 1st March - ??

Don't see why not tbh

Nick_C

VM 1% - I couldn't find any confirmation of this (and have not had an email) but someone on the Regular Saver thread has posted a link to a story in the Express which confirms.

https://www.express.co.uk/finance/personalfinance/1568071/virgin-money-interest-rates-savings-accounts-increase-rise

andyhicks88

To be honest Virgin Money looks a great option now because consider the fact that if you switch to them currently for the current account you also get 5% on the first 1,000 in the current account.  I think I will be switching to them to take advantage of what they have to offer. My father banks with them and hasn't had issues so I'm comfortable with using them.