The Top Easy Access Savings Discussion Area

wiseonesomeofthetime

UncleK said:

Coventry BS - "Following the Bank of England Base Rate increase on Thursday 17 March  2022, we will increase the rates on some variable savings accounts on 1 May 2022 to ensure we maintain our strong competitive position. We’ll be in touch nearer the time."

I closed all my Coventry BS this week, to move to Chase Savings.

Cov BS made it clear a couple of times that as I had now closed all my accounts with them, I would have to apply as a new customer in the future.

Not that their loyalty rates were ever competitive anyway, but just for info of anyone else considering to do the same.

UncleK

I try and leave the minimum if it's a reasonable amount - like £1 - so I don't apply as a new customer

Mr._H_2

Just a heads-up for people moving to Chase: I opened a current account no problem (apart from a bit of a wait for ID verification), but when I went to add the savings account, the 1.5% account did not appear in the list. I had to hard-quit the app, update to the latest version (I think an update was released 1 - 2 days ago), and then the 1.5% account option appeared.

Bigwheels1111

The_Blacklist said:

May I warn people that the Chase app does not have log out option. The app will close if there is no activity for couple of minutes.
Also, even if you leave/close the app and open within a minute app is still open with your account dashboard.
Additionally, I tried to deposit my usual "check authenticity of the bank details" with £10.00, my bank (First Direct) did not confirm the receiving bank (Chase) bank details.
I have reported both issues to the Chase bank through the message us.
I have been told to use another bank to deposit my money.
I will now have to open a new account if I want to deposit any money in Chase UK.

It’s an issue but not a problem, I’m with first direct and like you opened a chase account and called them to make the first £10 payment. After the usual are you sure questions and we can’t confirm the account is it ok to send I said yes. Send the money. 10 mins later I had funded the account. I then sent a 5 figure sum and 5 minutes later it was in chase and 30 seconds later in the savings account. It was the next fd payment that got fraud checked. 

Went through after the call.

Malchester

Anyone know which Yorkshire Building Society variable rate accounts are increasing today? Cannot see any on their website and my Internet Saver ISA Plus v 10 account doesn't seem to have done despite them saying the majority of variable rate accounts will increase

typistretired

YBS Internet Saver plus 7 interest now 0.85%
YBS Six Access Saver interest now 0.90%

YBS Internet Saver interest now 0.85%

All rates beating Marcus, Tesco, and Ford

janusd

Al Rayan have an Easy Access account paying 1.01% on £2,500+ - it's a Sharia bank, so that will be the expected rate...

https://www.alrayanbank.co.uk/savings/everyday-saver-issue-2

BigBlueSky

janusdesign said:

Al Rayan have an Easy Access account paying 1.01% on £2,500+ - it's a Sharia bank, so that will be the expected rate...

https://www.alrayanbank.co.uk/savings/everyday-saver-issue-2

My existing 'Everyday Branch Saver' with them has now updated from 0.8% to 1.01% also.

Kansuwan

Investec 0.93% balance between £5K-£250K.

Aidanmc

typistretired said:

YBS Internet Saver plus 7 interest now 0.85%
YBS Six Access Saver interest now 0.90%

YBS Internet Saver interest now 0.85%

All rates beating Marcus, Tesco, and Ford

I can't see where YBS have upped the interest rates. Still looks same to me.