The Top Easy Access Savings Discussion Area

UncleK

AndyTh_2 said:

As mentioned in the Marcus thread, Marcus has increased their savings bonus to 0.25% if you renew, bringing the total to 1.3% interest

Cheers! Thanks for the heads up.

ColdIron

Tesco Internet Saver now 1.26% (1.01% bonus and 0.25% standard)

refluxer

It's a shame Tesco release new issues rather than simply increasing the rates of existing accounts - I'd probably still have one if that was the case, but have opened higher-paying alternatives (who do apply increases to existing accounts) since then instead.

Saying that, I phoned Tesco yesterday afternoon to close two old Internet Savers and got through instantly - literally no waiting on hold at all ! After going through the usual security checks, the two accounts were closed within minutes and bonus interest was transferred immediately to my linked current account (different bank) so I was very impressed with their customer service.

You can actually close these Internet Saver accounts by submitting a PDF online but as this can take a while (many weeks) and there was no mention of how the bonus interest would be dealt with, I preferred to get it sorted straight away by phoning instead.

akh43

AndyTh_2 said:

As mentioned in the Marcus thread, Marcus has increased their savings bonus to 0.25% if you renew, bringing the total to 1.3% interest

Saga also increased their bonus to 0.25% but need to renew to get the extra bonus.

soulsaver

AndyTh_2 said:

As mentioned in the Marcus thread, Marcus has increased their savings bonus to 0.25% if you renew, bringing the total to 1.3% interest

Yep it'll be 7th equal in the next ToTP bulletin, if nowt else pops up..
 I've edited the existing in case anyone reads it before getting to here.

soulsaver

ToTP

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

Updated 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

homestraight

Does anyone know if Virgin do a credit check to open the linked M Saver if you already have the current account? 
Thanks in advance
Hs

Consumerist

homestraight said:

Does anyone know if Virgin do a credit check to open the linked M Saver if you already have the current account?

Credit checks should only be carried out where credit is involved. e.g. current accounts, credit cards, etc.

So applying for a savings account should not involve a credit check.

Rudyson

homestraight said:

Does anyone know if Virgin do a credit check to open the linked M Saver if you already have the current account? 
Thanks in advance
Hs

When I opened the current account just under two years ago, I was automatically allocated an M saver as well.

Section62

Rudyson said:

homestraight said:

Does anyone know if Virgin do a credit check to open the linked M Saver if you already have the current account? 
Thanks in advance
Hs

When I opened the current account just under two years ago, I was automatically allocated an M saver as well.

But some people may have closed the M saver, or if their current account was previously with Yorkshire/Clydesdale then they weren't automatically given an M Saver when the current account was converted to an M Plus.

In answer to homestraight - I didn't see anything in my credit files when I added the M Saver to my ex-Yorkshire account, but if it is important to you then you might want to check with Virgin first.