The Top Easy Access Savings Discussion Area

MDMD

Looks like Cynergy have removed the “existing customers Only” restrictions now they have slipped back in the rate tables. Rate still unchanged.

soulsaver

MDMD said:

Looks like Cynergy have removed the “existing customers Only” restrictions now they have slipped back in the rate tables. Rate still unchanged.

Thanks, ToTP amended accordingly.

adindas

What do you do with your Postoffice Saving Accounts??

Now it is apparently that PO saving account do not take payment by Direct Debit (DDs) any-longer.

So unless I have missed something it seems there is no more good reason to keep it. It is painful to take your money out. But I might keep 1-2 of them and close the rest.

What you guys do with the PO saving accounts ?

Just in case want to close what is the most simple and least time consuming ways to close it ?

Thx

typistretired

It has the option to close the account online when select withdrawing money. I closed all mine as the rate was terrible

zxspeccy

typistretired said:

It has the option to close the account online when select withdrawing money. I closed all mine as the rate was terrible

Same here, I had a 12 month savings account that matured a few months ago, now closed and all the money have been moved elsewhere. They have the cheek to say "We have recently made positive changes to a number of our interest rates for existing customers." on their website. Yet their instant access saver and ISA start at 0.20%.

murphydavid

typistretired said:

It has the option to close the account online when select withdrawing money. I closed all mine as the rate was terrible

I have started withdrawing down to £1 then when I have the bulk of my funds withdrawing and closing. Having once had a delay with a substantial amount and lost the ability to log in and find out what was going on due to account being closed before the money was visibly in my current account.
Peace of mind is worth the extra transaction I think.

southone

YBS Internet Saver Plus Issue 11 now out 1.10% to 1.31% Gross p.a./AER variable

skitskut

southone said:

YBS Internet Saver Plus Issue 11 now out 1.10% to 1.31% Gross p.a./AER variable

Haha I thought you meant it had gone up from 1.1 to 1.31! So it's...
£1+       1.10%
£10K+  1.26%
£50K+  1.31%

Thirty9

With the jostling of rates, it got me thinking: if an easy access account that pays interest yearly is closed after, say, four months, would I have to wait the full year until I get the interest?

soulsaver

ToTP

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

As at 26/05/2022.. c.11:30 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? 

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

4 Yorkshire BS **Tiered** Internet Saver Plus iss 11 1.26% (1.1%<£10k 1.31%>£50k) (26/05) View our Easy Access Savings Accounts | Savings | YBS Thnx @southone

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

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

7 Tandem 1.25% app only (20/05) A greener way to save for the future (tandem.co.uk)
thanx @Thumbs_Up

8 Paragon Triple Access 1.25% (20/5) Triple Access Savings Account | Paragon Bank

9 Cynergy: 1.20% (14/04) digipass or app for on line access. Now open to all (25/05) Cynergy Bank  

10= Coventry BS 1.20% (20/05) Easy Access (Online) (4) (coventrybuildingsociety.co.uk)

10= 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

See prior ToTP for detail on recent 'drop offs...' Ford Money, Marcus, Saga

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