The Top Easy Access Savings Discussion Area

BigBlueSky

masca said:

About +/- 30 mins in my experience.  Certainly not immediately, but generally quite quickly.

Thank you.  Just made my first payment and thinking my bank might flag it up for fraud checks - they are usually too eager with that.  I'll give it 30 mins or so and see what happens.

AndyTh_2

payments after 6:30pm may take until 11am the next day to appear on Cynergy

GalacticaActual

Nationwide Building Society have sent me a SavingsWatch email this evening advising me that rates on some savings accounts, including ISAs, are increasing for new accounts opened from 17th March 2022.

The only limited access accounts* receiving an increase are a 1 Year Triple Access Online ISA and Online Saver paying 0.70%.

It would appear no other savings accounts in their range are going to receive an increase at the moment.

* if you make more than 3 withdrawals in the year, the rate drops to a paltry 0.01%.

All the other new accounts are fixed rates but nothing to shout about 🤷🏻‍♂️

N.B. It states in the email “If you already have a Triple Access savings account, your interest rate will stay the same. However, there’s nothing to stop you opening another if you’d like to benefit from the new rate.”

Daliah

Nationwide should be ashamed of their abysmal savings rates.

leaphaze

Daliah said:

Nationwide should be ashamed of their abysmal savings rates.

Yes, they should spend less on their adverts and more on their members.

gwapenut

leaphaze said:

Daliah said:

Nationwide should be ashamed of their abysmal savings rates.

Yes, they should spend less on their adverts and more on their members.

Adverts like this, you mean? Nationwide aren't who they used to be, but are who they used to boast about not being.

https://youtu.be/u_YHAhuhfYg

murphydavid

Vote with your feet.
Foot voting - WikipediaDaliah said:

Nationwide should be ashamed of their abysmal savings rates.

leaphaze

murphydavid said:

Vote with your feet.
Foot voting - WikipediaDaliah said:

Nationwide should be ashamed of their abysmal savings rates.

I have.  

RG2015

murphydavid said:

Vote with your feet.
Foot voting - WikipediaDaliah said:

Nationwide should be ashamed of their abysmal savings rates.

Why? They still have a very competitive 2.5% regular saver and currently have a £125 switching bonus for members.

They also have the start to save regular saver account at a decent 1.25%.

All banks are rubbish at times but it doesn't stop me opening their accounts with good rates or features..

sheffieldeagle

typistretired said:

Mine too the only good thing of them requiring you to open a new account every time they increase their interest  is that you get your interest to date when you transfer and close

Hi

I wonder if you can tell me how long does it take for the interest on the closed accout to be transferred across?

Cheers