The Top Easy Access Savings Discussion Area

djpailo

I checked a few pages and could not see this posted (sorry if I missed it):aver:

Natwest Digital Regular Saver (email dated 16 March 22):

Hello XXXXXXX, From today, instead of saving up to £50 a month into your Digital Regular Saver account, you can save up to £150. So, if you’ve been wanting to save more, you can. If you’re using Round Ups, they don't count towards your monthly limit.   That’s not the only change. We’ve added a new interest rate tier for balances over £1,000, so you can save up to £5,000 at a higher rate.

Existing interest rates

Balance Gross p.a. (variable) AER p.a. (variable) £1-£1,000 3.00%   3.04% Over £1,000 0.01% 0.01%

Earn 3.00% interest on your first £1,000, and 0.01% on any amount over £1,000 in your account.

New interest rates from 15th March 2022

Balance Gross p.a. (variable) AER p.a. (variable) £1-£1,000 3.00% 3.04% £1,001-£5,000 0.25% 0.25% Over £5,000 0.01% 0.01%

Earn 3.00% interest on your first £1,000. Then 0.25% on anything between £1,001 and £5,000. And 0.01% on anything over £5,000.

If you want to make the most of the increased monthly amount, it’s easy to change your standing order with Online Banking or the Mobile App.   Thanks, The Savings Team

3% on £1000 and now it is even quicker to reach the £1000 is not bad at all.

typistretired

Djpailo
lots of posts about this regular saver increase on regular saver forum you have posted on Top Easy Access Savings Forum

Nikkster

Not sure if the Reward Saver is still available through Moneybox but they've finally upped the rate:

Hi Nikkster,
Good news! The rate on your Reward Savings account (powered by Cynergy Bank) has increased from 0.65% to 0.8% AER* variable.
This rate is increasing from today, so why not log in and make the most of your savings? You can add a weekly or one-off deposit by simply heading in-app and tapping on your Reward Savings account. 📲

Malchester

cheesemason said:

On the BoE rate increase news page on the main site it says:

Yorkshire BS: will increase rates by up to 0.65 percentage points from 12 April.

Does anyone have details of what products are going up by what please?

Thanks for this. Recently opened the cash ISA paying up to .82% which should now increase. Have opened the non ISA equivalent this afternoon to take advantage of the increase when it happens. 

murphydavid

djpailo said:

I checked a few pages and could not see this posted (sorry if I missed it):aver:

Natwest Digital Regular Saver (email dated 16 March 22):

Hello XXXXXXX, From today, instead of saving up to £50 a month into your Digital Regular Saver account, you can save up to £150. So, if you’ve been wanting to save more, you can. If you’re using Round Ups, they don't count towards your monthly limit.   That’s not the only change. We’ve added a new interest rate tier for balances over £1,000, so you can save up to £5,000 at a higher rate.

Existing interest rates

Balance Gross p.a. (variable) AER p.a. (variable) £1-£1,000 3.00%   3.04% Over £1,000 0.01% 0.01%

Earn 3.00% interest on your first £1,000, and 0.01% on any amount over £1,000 in your account.

New interest rates from 15th March 2022

Balance Gross p.a. (variable) AER p.a. (variable) £1-£1,000 3.00% 3.04% £1,001-£5,000 0.25% 0.25% Over £5,000 0.01% 0.01%

Earn 3.00% interest on your first £1,000. Then 0.25% on anything between £1,001 and £5,000. And 0.01% on anything over £5,000.

If you want to make the most of the increased monthly amount, it’s easy to change your standing order with Online Banking or the Mobile App.   Thanks, The Savings Team

3% on £1000 and now it is even quicker to reach the £1000 is not bad at all.

Sounds barmy to me. You would not want to invest more than £1000 and for that you get £30 a year in interest!

Daliah

murphydavid said:

djpailo said:

I checked a few pages and could not see this posted (sorry if I missed it):aver:

Natwest Digital Regular Saver (email dated 16 March 22):

Hello XXXXXXX, From today, instead of saving up to £50 a month into your Digital Regular Saver account, you can save up to £150. So, if you’ve been wanting to save more, you can. If you’re using Round Ups, they don't count towards your monthly limit.   That’s not the only change. We’ve added a new interest rate tier for balances over £1,000, so you can save up to £5,000 at a higher rate.

Existing interest rates

Balance Gross p.a. (variable) AER p.a. (variable) £1-£1,000 3.00%   3.04% Over £1,000 0.01% 0.01%

Earn 3.00% interest on your first £1,000, and 0.01% on any amount over £1,000 in your account.

New interest rates from 15th March 2022

Balance Gross p.a. (variable) AER p.a. (variable) £1-£1,000 3.00% 3.04% £1,001-£5,000 0.25% 0.25% Over £5,000 0.01% 0.01%

Earn 3.00% interest on your first £1,000. Then 0.25% on anything between £1,001 and £5,000. And 0.01% on anything over £5,000.

If you want to make the most of the increased monthly amount, it’s easy to change your standing order with Online Banking or the Mobile App.   Thanks, The Savings Team

3% on £1000 and now it is even quicker to reach the £1000 is not bad at all.

Sounds barmy to me. You would not want to invest more than £1000 and for that you get £30 a year in interest!

Why barmy? This isn't about investing but about saving. Which other instant access or regular saver account will pay you 3.04% AER? Where do you keep your emergency funds?

badger09

typistretired said:

Anyone else missing Colston I hope she is okay

cricidmuslibale said:

typistretired said:

Anyone else missing Colston I hope she is okay

I think she may still be very much here with us, with a quite different and more flowery name perhaps but posting as regularly and forthrightly as ever she did!

Misspellings don’t fool me. 

Well, not for long😊

Daliah

I wanted to set up a scheduled payment from a Virgin M Plus Saver to a Virgin M Plus current account to a Santander 123 Lite, ready for my monthly 'ritual' of feeding numerous regular savers which happens by SOs from my Santander account.

No such luck. Even though it looks as if you can set up a future payment, or even an SO, from your M Plus Saver to your M Plus Current, you actually can't. Not impressed. But I will get over it. 

[Deleted User]

Daliah said:

I wanted to set up a scheduled payment from a Virgin M Plus Saver to a Virgin M Plus current account to a Santander 123 Lite, ready for my monthly 'ritual' of feeding numerous regular savers which happens by SOs from my Santander account.

No such luck. Even though it looks as if you can set up a future payment, or even an SO, from your M Plus Saver to your M Plus Current, you actually can't. Not impressed. But I will get over it. 

As you've found VM only allow immediate funds transfers on savings accounts.

This has been the case since CYBG days as they strangely also align future dated FPs with Standing Orders. 

where_are_we

Another quirk, is that Virgin MP Current accounts have a transaction limit of £500 and daily limit of £1000 when making online payments with a one time passcode via SMS. However, with the mobile app or security token authentication these limits rise to £30,000.

I did like being able to set up scheduled payments from Tesco Internet Saver to my hub current account to fund Regular Savers.

Using Virgin MP Saver to Virgin MP Current account to my hub current account and then onto RS`s via standing orders is something I will put up with to gain the extra interest.