The Top Easy Access Savings Discussion Area

Ifts

Zerforax said:

SpanishBlue said:

Zerforax said:

SpanishBlue said:

You need to open a new account. It only takes a few moments, and then you can choose the option to close your old account if you wish, and transfer the funds to the new account.

Will the interest earned to date also transfer to the new account if you close the old?

Yes, it will be.

Some of us on here have had to do this more than 10 times now as they keep on increasing the rate a tiny bit at a time.

At least it was quick and easy to do with the fast application. Does it always show the closed account in negative interest balance and the new account with credited interest?

Yes the closed account will show in negative interest balance - this will correct itself within a day or two.

Make a note of the negative interest balance to note paid interest this tax year - as it can be hit and miss viewing closed account paid interest to date by clicking on the closed account.

Also, some of us on here keep an old account open to save having to change the account number in your linked account - this was due to Cynergy bringing out a new account every few days with a slightly improved interest rate - it does mean you do have to login to your Cynergy accounts and move the money over manually to the new issue.

Zerforax

Anyone know how to get a statement from Zopa? They've been a bit useless so far but I need one as soon as possible.

Daliah

Seems you might have to contact them about it: https://www.zopa.com/help/article/can-i-download-a-tax-statement

soulsaver

ToTP

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

Edited at 08/06/2022.. c.12.30 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 Virgin Money 1.56% (03/06)Linked to M plus c.a. £25k max EASY ACCESS SAVINGS | Virgin Money UK

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

3 Zopa Smart Saver - improved rates(06/06) Boosted 7day notice 1.35%. Access 1.30%, Boosted 31day 1.45%; 95day 1.6%  Smarter Savings built for real life - Zopa

4 Yorkshire BS **Tiered** Internet Saver Plus iss 11 1.33% (1.1%<£10k 1.38%>£50k) (03/06) View our Easy Access Savings Accounts | Savings | YBS Thnx @Molehusband

5 Cynergy: 1.32% (27/05) digipass or app for on line access. l (25/05) Cynergy Bank 

6 Al Rayan:1.31% ( 10/05) Min £2.5k App only(ish) Everyday Saver (Issue 2) | Islamic banking | Sharia compliant & ethical (alrayanbank.co.uk)

7= Marcus & Saga (note shared FSCS) 1.3% inc 0.25 bonus (08/06) Online Savings Account | Marcus by Goldman Sachs®  thnx @AndyTh_2

7= Ford Money 1.30% (27/05) Flexible Savings Account - Easy access savings | Ford Money

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

10 Tesco Internet Saver 1.26% (inc 1.01% 12mth bonus) (08/06) Internet Saver - Savings Accounts - Tesco Bank  Thnx @ColdIron

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

11= Tandem 1.25% app only (20/05) A greener way to save for the future (tandem.co.uk)

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

11= Aldermore: 1.25% Double Access (29/04) or 1.10% EA (07/06) . £1k to open Double Access Account, Instant Access Savings Account - Aldermore Bank thnx @janusdesign

11= Investec FlexiSaver 1.25% (03/06) £5K min Online Flexi Saver from Investec | Instant Access Savings Account


See prior ToTPs for detail on recent 'drop offs...':  

Cov BS, Principality BS, Marcus, Saga.

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

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

Note the Zopa increased rates for Access@ 1.3% and the  boosts @ up to 1.6%. Smarter Savings built for real life - Zopa

It's clearly applied to the Access accounts, but I'm unclear if they are applying these to existing boosted (notice) pots, so you may want to check if material to you.

Zerforax

Daliah said:

Seems you might have to contact them about it: https://www.zopa.com/help/article/can-i-download-a-tax-statement

Yea their customer service hasn't been brilliant so far.

soulsaver said:

Note the Zopa increased rates for Access@ 1.3% and the  boosts @ up to 1.6%. Smarter Savings built for real life - Zopa

It's clearly applied to the Access accounts, but I'm unclear if they are applying these to existing boosted (notice) pots, so you may want to check if material to you.

Useful to know thanks!

Malchester

soulsaver said:

Note the Zopa increased rates for Access@ 1.3% and the  boosts @ up to 1.6%. Smarter Savings built for real life - Zopa

It's clearly applied to the Access accounts, but I'm unclear if they are applying these to existing boosted (notice) pots, so you may want to check if material to you.

Yes the increase has been applied to my boosted pots as well as my access amount 

Patr100

Malchester said:

soulsaver said:

Note the Zopa increased rates for Access@ 1.3% and the  boosts @ up to 1.6%. Smarter Savings built for real life - Zopa

It's clearly applied to the Access accounts, but I'm unclear if they are applying these to existing boosted (notice) pots, so you may want to check if material to you.

Yes the increase has been applied to my boosted pots as well as my access amount 

Yep! Nice unexpected boost to my 31 day boost pot. The new rate for your Access pots will be: 1.30% AER* variable (1.29% gross**). This will be applied to your account on 06/06/2022. The old rate was: 1.20% AER* variable (1.19% gross**).

The new rate for your 7 Day Boosted pots will be: 1.35% AER* variable (1.34% gross**). This will be applied to your account on 06/06/2022. The old rate was: 1.25% AER* variable (1.24% gross**).

The new rate for your 31 Day Boosted pots will be: 1.45% AER* variable (1.44% gross**). This will be applied to your account on 06/06/2022. The old rate was: 1.35% AER* variable (1.34% gross**).

The new rate for your 95 Day Boosted pots will be: 1.60% AER* variable (1.58% gross**). This will be applied to your account on 06/06/2022. The old rate was: 1.45% AER* variable (1.44% gross**).

Zerforax

The increase on Zopa applies from 6 June.

janusd

@soulsaver - just logged in to Aldermore and their Easy Access interest rate has changed from 0.85% to 1.10% (as of 31st May)... so it's passing mention in the top 10 might need to be updated next time.