The Top Easy Access Savings Discussion Area

soulsaver

murphydavid 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! 😎

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?

The post you to which you refer (previous quote) is not strictly accurate: It should say the account is closed to new applicants.

Saying it's not available to new customers is true, but it gives the impression it's available to existing customers... which is not the case. 

It's in the CBS list of closed accounts - was available for c. a month in Sept/Oct 2021.

wiseonesomeofthetime

murphydavid 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! 😎

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?

You have to be an existing customer of THAT account, not just Coventry BS.

If you don't already possess it in your portfolio, you cannot now add it as it is no longer open to new applications.

Hope that makes sense.

SJMALBA

murphydavid 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! 😎

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?

Apologies for any confusion - as soulsaver has clarified/corrected, it's a historic account, not available for new 'applicants'

Section62

FordMoney Flexible Saver increases to 1.15% effective from today.

Edit: Includes existing accounts

Malchester

Just a couple of questions re Al Rayan Instant Access Account.

1. Are transfers out to a nominated account instant - can't see anything on their website about it.

2. If you open an account online is identification done electronically or do you still need to send them certified copies of documents? On line the conditions only talk about opening by post or in branch.

TIA

soulsaver

Section62 said:

FordMoney Flexible Saver increases to 1.15% effective from today.

Edit: Includes existing accounts

Flexible Savings Account - Easy access savings | Ford Money

murphydavid

SJMALBA said:

murphydavid 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! 😎

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?

Apologies for any confusion - as soulsaver has clarified/corrected, it's a historic account, not available for new 'applicants'

Thanks -understood
Tis a pity (for me that is). Seems loyalty is not enough. Although £1 in a low interest account for years is hardly loyalty I suppose but it does not stop me receiving promotional advertising.

Daliah

Malchester said:

Just a couple of questions re Al Rayan Instant Access Account.

1. Are transfers out to a nominated account instant - can't see anything on their website about it.

2. If you open an account online is identification done electronically or do you still need to send them certified copies of documents? On line the conditions only talk about opening by post or in branch.

TIA

Withdrawals arrive in linked current account within 10-30 minutes but only during business hours on working days. You can schedule a payment for a future date, in which case it arrives just after 9am on that date, or the next working day if the scheduled date is not a working day.

I didn‘t need to send them any ID documents when I applied online for my first account with them several years ago. This doesn‘t mean they never request additional ID.

General_Grant

Daliah said:

Malchester said:

Just a couple of questions re Al Rayan Instant Access Account.

1. Are transfers out to a nominated account instant - can't see anything on their website about it.

2. If you open an account online is identification done electronically or do you still need to send them certified copies of documents? On line the conditions only talk about opening by post or in branch.

TIA

Withdrawals arrive in linked current account within 10-30 minutes but only during business hours on working days. You can schedule a payment for a future date, in which case it arrives just after 9am on that date, or the next working day if the scheduled date is not a working day.

I didn‘t need to send them any ID documents when I applied online for my first account with them several years ago. This doesn‘t mean they never request additional ID.

I opened one recently.  They didn't require me to send ID documents but did send a form using the Royal Snail for me to check, sign and return.

When I transferred my first payment into the account they kindly sent a text to confirm its receipt.  

Rollinghome

Malchester said:

Just a couple of questions re Al Rayan Instant Access Account.

1. Are transfers out to a nominated account instant - can't see anything on their website about it.

2. If you open an account online is identification done electronically or do you still need to send them certified copies of documents? On line the conditions only talk about opening by post or in branch.

TIA

1. No nominated account as such, at least when I used them.  You just have to set up payees and there's no limit s far as I'm aware. I had a list of about half a dozen.

2. Didn't send them any documents when I opened an account.