The Top Easy Access Savings Discussion Area

Patr100

littlemoney said:

Daliah said:

littlemoney said:

Daliah said:

Chase UK 1.5% AER. Proper instant access account. Not for those without smartphone or tablet as it is digital only. Thanks to @andyhicks88 for the heads up.

https://www.chase.co.uk/gb/en/product/chase-saver-account/

Are you saying that digital only means that it is not available for via a windows laptop but only via android.

Android or iOS. Not available for laptops or PCs.

Shame. I was going to apply but I only have a tablet with version 6 (too old) and my phone doesn't have space for another app. Digital discrimination. You need to be rich enough to have an up to date tablet or a phone with a large memory. They don't want people who can't afford the latest technology.

Eventually Windows 11 will have the option of running Android apps on a desktop PC though the exact workings of that remain to be confirmed. But there is no compelling reason for most Win 10 users to upgrade yet as Win 10 will be supported til at least October 2025.

Molehusband

I'm interested in getting up to date information on best interest rates for savings accounts and there are a number of websites giving details including MSE, Moneyfacts and others. One of the problems I find with these sites is that they only list savings accounts available to new customers of the financial institutions. However, as I have existing accounts with many different savings institutions, they may offer me products some of which have better interest rates than are available to new customers. My question is:

Are there any websites which also publish best interest rates available to existing customers? Interest rates are changing so frequently these days that I need to search for updates almost daily. Because of the number of accounts I have with different savings institutions I don't want to have to plod through almost daily each and every website of all my savings providers I have to seek out today's best rates vailable to me. If there is a comparison site that lists the best interest rates available to both new and existing customers it would save me a lot of time.

Malchester

I think that most accounts included in the comparison sites are available to all customers, new and existing. Some accounts are only available to existing customers as loyalty accounts (or some other name). I have never found an account I cannot open just because I am an existing customer

Mr._H_2

Malchester said:

I think that most accounts included in the comparison sites are available to all customers, new and existing. Some accounts are only available to existing customers as loyalty accounts (or some other name). I have never found an account I cannot open just because I am an existing customer

I think the problem is if a so-called "loyalty" account has higher interest rate than is available to new customers. So a comparison site might give the impression you should move all your money to institution "x", when in fact, institution "y" offers a better rate, but only if you are an existing customer of institution "y"

Molehusband

littlemoney said:

Daliah said:

littlemoney said:

Daliah said:

Chase UK 1.5% AER. Proper instant access account. Not for those without smartphone or tablet as it is digital only. Thanks to @andyhicks88 for the heads up.

https://www.chase.co.uk/gb/en/product/chase-saver-account/

Are you saying that digital only means that it is not available for via a windows laptop but only via android.

Android or iOS. Not available for laptops or PCs.

Shame. I was going to apply but I only have a tablet with version 6 (too old) and my phone doesn't have space for another app. Digital discrimination. You need to be rich enough to have an up to date tablet or a phone with a large memory. They don't want people who can't afford the latest technology.

Yes it's a shame that so many new savings institutions only seem to offer access to customer accounts via apps on mobile devices which require users to key in data via microscopic keyboards. While I am happy to use a mobile app for viewing information about my account, I am unhappy about the lack of a proper keyboard for entering sensitive information such as account numbers, passwords etc. Until someone solves the need for a microscope while keying in on mobile phone. I will not open a bank/savings account unless it also offer access via PC/laptop.

jaypers

Molehusband said:

littlemoney said:

Daliah said:

littlemoney said:

Daliah said:

Chase UK 1.5% AER. Proper instant access account. Not for those without smartphone or tablet as it is digital only. Thanks to @andyhicks88 for the heads up.

https://www.chase.co.uk/gb/en/product/chase-saver-account/

Are you saying that digital only means that it is not available for via a windows laptop but only via android.

Android or iOS. Not available for laptops or PCs.

Shame. I was going to apply but I only have a tablet with version 6 (too old) and my phone doesn't have space for another app. Digital discrimination. You need to be rich enough to have an up to date tablet or a phone with a large memory. They don't want people who can't afford the latest technology.

Yes it's a shame that so many new savings institutions only seem to offer access to customer accounts via apps on mobile devices which require users to key in data via microscopic keyboards. While I am happy to use a mobile app for viewing information about my account, I am unhappy about the lack of a proper keyboard for entering sensitive information such as account numbers, passwords etc. Until someone solves the need for a microscope while keying in on mobile phone. I will not open a bank/savings account unless it also offer access via PC/laptop.

I had similar reservations, however I did open an Atom account and am pretty impressed by it. I’ve also installed the app on my iPad as a backup. 3 methods to login (PIN, Face ID and Voice). I do refuse to open a Cynergy account however as I’ve heard bad things about the associated security app. 

DragonQ

The_Blacklist said:

May I warn people that...even if you leave/close the app and open within a minute app is still open with your account dashboard.

Not true when I tested it. Pressing the back button while on the app's main page closes the app and logs you out.

refluxer

Agreed. If I close the Chase app by swiping it away, I have to log back in, even when reopening it immediately.

Molehusband

Malchester said:

I think that most accounts included in the comparison sites are available to all customers, new and existing. Some accounts are only available to existing customers as loyalty accounts (or some other name). I have never found an account I cannot open just because I am an existing customer

My experience has been that the usual comparison sites never show accounts which are available only to existing customers (regardless of what the account name may be). So on several occasions I have failed to obtain the best interest rate available to me because it was not listed on the comparison sites. I don't have time to trawl through checking with all my existing providers when rates are changing almost daily.

For example, recently I wanted to open a new cash ISA before the end of the tax year. I didn't have much time, opened the "best available interest rate" one shown on Moneyfacts. I subsequently discovered I missed out on a better rate offered by Cynergy to their existing customers (of which I am one).  Why couldn't comparison site show it as "only available to existing customers"?

Aidanmc

jaypers said:

 I do refuse to open a Cynergy account however as I’ve heard bad things about the associated security app. 

You do not need to use the Cynergy app. If you request, they will send you a digipass device.