The Top Easy Access Savings Discussion Area

soulsaver

Section62 said:

soulsaver said:

Section62 said:

Ford Money Flexible Saver going up to 1.37% today.

https://www.fordmoney.co.uk/savings-products/flexible-saver

Thanks. Added to ToTP (page 612) - usual caveat: Likely to drop out next update...

...surprised it still staggers onto the list at all.

Agreed. But if I choose to do a quick edit, it would be misleading/unfair to leave accounts paying less on the list and not include the latest higher rates.
Probably teaches me to apply the cut more frequently - they're deffo off the next iteration at the w.e. if not before. 

UncleK

SonOfPearl said:

UncleK said:

deinoflex said:

Tesco internet saver up to 1.38%

But taking a long time to open an account - usually takes minutes. 12 hours and counting so far.

Mine opened instantly as always. 

Seems the old accounts were backing up and we'd reached the limit of accounts allowed to be held. Got through on the phone and they closed them all - including the one opened on Saturday! - so now just have the one new one at 1.38%. What a faff.

wiseonesomeofthetime

I won't bother with Tesco Bank Instant Saver again until they become competitive against the other saving accounts I hold, i.e. 1.50% minimum

Bridlington1

I've discovered Yorkshire Building Society has just launched a new savings account called the Family Savings Account. It's showing up on the moneyfacts website but it's not showing up on their website yet but I have just spoken to someone from my local branch who has confirmed it is available to anyone over the age of 18.

A brief summary:
-Can be opened in branch or by post only
-Can be managed online, by post or in branch
-Allows 3 withdrawal days/year including account closure
-Instant access
-Interest paid monthly and is variable
-You do not need to be an existing YBS member to open this account

Providing the account balance is £1 or more interest paid is tiered:
-The first £9999.99 pays 1.5%
-The portion between £10k and £19999.99 pays 1.4%
-The portion between £20k and £29999.99 pays 1.3%
-The portion above £30k pays 1%

BigBlueSky

Al Rayan Bank

Everyday Saver (Issue 3)

1.60% (Expected Profit Rate) - Easy Access

Thumbs_Up

BigBlueSky said:

Al Rayan Bank

1.60% (Expected Profit Rate) - Easy Access

Do you, or you just might get the 1.60% ?

KTF

BigBlueSky said:

Al Rayan Bank

Everyday Saver (Issue 3)

1.60% (Expected Profit Rate) - Easy Access

5k min deposit.

To answer the other question the expected profit rate has always been paid.

Daliah

KTF said:

BigBlueSky said:

Al Rayan Bank

Everyday Saver (Issue 3)

1.60% (Expected Profit Rate) - Easy Access

5k min deposit.

Conflicting info on their website. Says £5k in one place, £2.5k in another, on the same page. https://www.alrayanbank.co.uk/savings/everyday-saver-issue-3

It‘s not clear what happens if your balance drops below £5k. Their example calculation seems to imply a lower rate. Though it could all be the result of a hastily thrown together web page…..

Although I like Al Rayan, I might stick with Virgin Money for the time being

ashteadgirl

Daliah said:

KTF said:

BigBlueSky said:

Al Rayan Bank

Everyday Saver (Issue 3)

1.60% (Expected Profit Rate) - Easy Access

5k min deposit.

Conflicting info on their website. Says £5k in one place, £2.5k in another, on the same page. https://www.alrayanbank.co.uk/savings/everyday-saver-issue-3

It‘s not clear what happens if your balance drops below £5k. Their example calculation seems to imply a lower rate

Although I like Al Rayan, I might stick with Virgin Money for the time being

Agree confusing on the website.  Also the  example given with end of 12 month value is incorrect as not 1.6%.   Need to sort the website out as VERY misleading.

janusd

Daliah said:

KTF said:

BigBlueSky said:

Al Rayan Bank

Everyday Saver (Issue 3)

1.60% (Expected Profit Rate) - Easy Access

5k min deposit.

Conflicting info on their website. Says £5k in one place, £2.5k in another, on the same page. https://www.alrayanbank.co.uk/savings/everyday-saver-issue-3

... and the Instant Access Savings PDF on that page says £500... one of them must be right lol.

their estimated example seems to imply a rate of 1.5%... it's probably just a bad copy & paste.