The Top Easy Access Savings Discussion Area

RG2015

typistretired said:

I didn’t need to renew it they just updated my current interest rate.?
Tackkers we do not like rudeness on this site GalacticaActual was only trying to be helpful

I believe that @intalex was talking about the renewing the bonus rate, not the underlying rate which indeed is automatically updated.

refluxer

typistretired said:

I didn’t need to renew it they just updated my current interest rate.?

Yep - my Marcus account is showing the new rate 

EssexHebridean

Just to confirm that I have just renewed bonus on two accounts this morning with no problem at all - so it definitely isn't a "system" problem. 

And another here who was seriously considering shifting money which will now stay put. A shame it took them so long - but in fairness they were also fairly slow to decrease rates when things went the other way. 

mersey

Renewed bonus no problems.

SeriousHoax

typistretired said:

I didn’t need to renew it they just updated my current interest rate.?
Tackkers we do not like rudeness on this site GalacticaActual was only trying to be helpful
At 0.70% I will only be keeping a £1 in there to keep account open

I'm the same.

Malchester

SeriousHoax said:

typistretired said:

I didn’t need to renew it they just updated my current interest rate.?
Tackkers we do not like rudeness on this site GalacticaActual was only trying to be helpful
At 0.70% I will only be keeping a £1 in there to keep account open

I'm the same.

I have a Marcus acct but it has not had any funds in it for months but it remains open. 

NameWithheld

UncleK said:

Marcus just gone from 0.6% to 0.7% - I found out just as was about to move money from there

Too little, too late for me. I reduced by Marcus account balance to the minimum amount 4 weeks ago, and the increase is not enough to tempt me back 

andyhicks88

I'm just quite shocked the response has been better. When was the last time an established big bank offered the best easy access savings rate (and by quite some distance)?  Maybe they are all waiting to see if the base rate increases again because they will struggle to keep offering these rates if it goes up to 0.75% and at that point we could see some overtake Virgin.

typistretired

Firstdirect years ago removed interest on its current account stating they intended to offer better savings accounts which other than their regular saver they have not done 

wiseonesomeofthetime

NameWithheld said:

UncleK said:

Marcus just gone from 0.6% to 0.7% - I found out just as was about to move money from there

Too little, too late for me. I reduced by Marcus account balance to the minimum amount 4 weeks ago, and the increase is not enough to tempt me back 

Just a £1 in mine. Enough to keep it open in case the tide turns again, but I agree, not enough to tempt me back either, so far.

I have access to FOUR accounts, with other providers, above that rate.

Atom : 0.75%
Tandem : 0.77%
Tesco : 0.84%
Virgin : 1.00%