The Top Easy Access Savings Discussion Area

SJMALBA

soulsaver said:

SJMALBA said:

@soulsaver

Email from Al Rayan confirms increase applied to existing accounts:

‘The new expected profit rate was applied to your account on 9 May 2022...’

It wasn't applied to mine. I had to open a 2nd.

Is yours issue 2?

SJMALBA

From the email that I recevied:

This is the seocnd increase that has been applied since I opend the account (The first was 1.01% to 1.1%)

badger09

SJMALBA said:

Coventry Building Society 'Four Access Saver' (not available for new customers) increasing from 0.9% to... 1.4% 😲 , effective 1.6.22

That's a much bigger rise than I was expecting! 😎

In unbelievably bad timing, I closed my Coventry Limited Access saver online @ 09.34

@ 09.35, email arrived telling me of increase to 1.4%😡

Oh well, I’m sure there’ll be others along soon. 

SJMALBA

badger09 said:

SJMALBA said:

Coventry Building Society 'Four Access Saver' (not available for new customers) increasing from 0.9% to... 1.4% 😲 , effective 1.6.22

That's a much bigger rise than I was expecting! 😎

In unbelievably bad timing, I closed my Coventry Limited Access saver online @ 09.34

@ 09.35, email arrived telling me of increase to 1.4%😡

Oh well, I’m sure there’ll be others along soon. 

Ouch! 😲 😢

I had been considering closing mine for a while now, but, luckily, held off to see what the increase would be (I was expecting just 0.15%, with only an outside chance of 0.25%, so 0.5% was a shock/pleasant surprise!).

My guess, though, is that even if the MPC raise rates again next month, CBS probably won’t increase again…?

soulsaver

SJMALBA said:

soulsaver said:

SJMALBA said:

@soulsaver

Email from Al Rayan confirms increase applied to existing accounts:

‘The new expected profit rate was applied to your account on 9 May 2022...’

It wasn't applied to mine. I had to open a 2nd.

Is yours issue 2?

Yes it is. Sorry if I gave the impression but didn't doubt your post.

I haven't had the email either... but as I said somehow mine has a different name, so there maybe 2 different accounts?

I got the 1.31% and I cba with a long call to resolve. 

SJMALBA

soulsaver said:

SJMALBA said:

soulsaver said:

SJMALBA said:

@soulsaver

Email from Al Rayan confirms increase applied to existing accounts:

‘The new expected profit rate was applied to your account on 9 May 2022...’

It wasn't applied to mine. I had to open a 2nd.

Is yours issue 2?

Yes it is. Sorry if I gave the impression but didn't didn't doubt your post.

I haven't had the email either... but as I said somehow mine has a different name, so there maybe 2 different accounts?

I got the 1.31% and I cba with a long call to resolve. 

I was beginning to wonder if people weren't believing me... 😲 😃

soulsaver

ToTP

OK rate punters... Easy Access(ish) top 10(ish) of the pots.. BoE base rate 1.0% (05/05)

As at 11/05/2022.. c.12:00 hrs - Starter for 10; not meant to be comprehensive, DYOR.
Latest changes in bold.
Links added for all accounts. Thanks for all contributions.
Bracketed dates = date rate added/amended here.

1 Chase: Saver 1.50% App only Home | Chase UK

2 Al Rayan:1.31% ( 10/05) Min £2.5k App only(ish) Everyday Saver (Issue 2) | Islamic banking | Sharia compliant & ethical (alrayanbank.co.uk) Note check if applied to existing acs? thnx @SJMALBA

3 Gatehouse Bank 1.30% (04/05) - Sharia; £1k min initial deposit.  Easy access account | Gatehouse Bank | Gatehouse Bank plc 

4 Atom: 1.25% (06/05) App only Instant Saver 1.25% Interest Rate - Easy Access Savings | Atom bank

5 Aldermore: 1.25% Double Access (29/04) or 0.85% EA . £1k to open Double Access Account, Instant Access Savings Account - Aldermore Bank

6 Cynergy: 1.20% (14/04) digipass or app for on line access. Existing customers only  Cynergy Bank 

7 Zopa: Smart Saver (app only) 1.20% £85k max (19/04) (NB 7,31,95 day notice, rate boosted options). Smarter Savings built for real life - Zopa

8 Tesco Internet Saver 1.11% (11/05) Note: Not applied to existing acs Internet Saver - Savings Accounts - Tesco Bank Thnx @littlemissbossy

9 Tandem: 1.10% App only A greener way to save for the future (tandem.co.uk) 

10 Investec Flexi 1.06% on £5k+; NB 0% below £5k. (01/05) Online Flexi Saver from Investec | Instant Access Savings Account 

11= Marcus (and Saga): 1.0%  (08/04) - note shared FSCS protection. Marcus UK | Marcus by Goldman Sachs®

11= Ford Money Flexi 1.0% (01/05) Flexible Savings Account - Easy access savings | Ford Money 

Check terms for yourself - DYOR.
Note: These rates may not be applied to existing accounts...DYOR

Other than VM 2.0% £1k limit, others  of note?

Also see Regular Savings Accounts: The Best Currently Available List! — MoneySavingExpert Forum

And Cash ISAs: The Best Currently Available List — MoneySavingExpert Forum

soulsaver

badger09 said:

SJMALBA said:

Coventry Building Society 'Four Access Saver' (not available for new customers) increasing from 0.9% to... 1.4% 😲 , effective 1.6.22

That's a much bigger rise than I was expecting! 😎

In unbelievably bad timing, I closed my Coventry Limited Access saver online @ 09.34

@ 09.35, email arrived telling me of increase to 1.4%😡

Oh well, I’m sure there’ll be others along soon. 

Maybe worth a call?

badger09

soulsaver said:

badger09 said:

SJMALBA said:

Coventry Building Society 'Four Access Saver' (not available for new customers) increasing from 0.9% to... 1.4% 😲 , effective 1.6.22

That's a much bigger rise than I was expecting! 😎

In unbelievably bad timing, I closed my Coventry Limited Access saver online @ 09.34

@ 09.35, email arrived telling me of increase to 1.4%😡

Oh well, I’m sure there’ll be others along soon. 

Maybe worth a call?

Thanks but don’t think I’ll bother. I’m sure one of my existing accounts will catch up soon & I really need to cut back on the admin. 

murphydavid

SJMALBA said:

Coventry Building Society 'Four Access Saver' (not available for new customers) increasing from 0.9% to... 1.4% 😲 , effective 1.6.22

That's a much bigger rise than I was expecting! 😎

I'm an existing Coventry customer with £1 in a Money Manager savings account and if I log in and investigate accounts available I can't find "Four Access Saver" listed.  Also can't find it with Google search. Am I going about it the wrong way or am I not the right sort of exiting customer?