The Top Easy Access Savings Discussion Area

cloud_dog

Before 2pm it is the following day (unsure of time it is credited).

janusd

george4064 said:

I have a Shawbrook Easy Access - Issue 14 - Monthly, however the account name has 0.05% at the end of it. I received a text message this morning from Shawbrook saying my Easy Access Account interest rate has been increased to 1.51%.

Do I need to message Shawbrook to upgrade my account or can I just transfer funds to my existing issue 14 displaying 0.05% but I’ll actually earn 1.51%? 

if you look at their archived rates PDF, it looks as though they automatically increase existing issues with the newer rates.

however, I think the only time you should receive 0.05% for this account, would be if you have less than the minimum £1,000 opening balance.

Interest rate for balances of £1,000 or more: 1.51% GROSS (monthly/variable);1.52% AER

Interest rate where the balance falls below the minimum account opening balance: 0.05% Gross/AER (monthly/variable).

if you have more than £1k in the account, then it might be worth getting in touch with Shawbrook; if it's less than £1k, then I think you'll continue to just get 0.05%.

Expotter

If anyone is interested Newcastle Building Society have a Triple Access Cash ISA that pays 1.5%, £1-£250k, allows transfers

NameWithheld

Not Easy Access, but better than the Zopa boosted 95-day rate that is being highlighted on this thread. OakNorth Bank 90 day notice @ 2.02%

andyhicks88

Is Atom down for anyone else? I know it was supposed to have downtime Saturday but?

RG2015

andyhicks88 said:

Is Atom down for anyone else? I know it was supposed to have downtime Saturday but?

Yes, my app gives me a message saying that they are having technical issues.

Bigwheels1111

Down for down for me to.

Patr100

andyhicks88 said:

Is Atom down for anyone else? I know it was supposed to have downtime Saturday but?

They use Google Cloud services which is affected by the heatwave. 
Cooling issues affecting server hardware.

 https://www.theregister.com/2022/07/19/google_oracle_cloud/

tg99

Are withdrawals via FP from YBS instant access accounts truly instant within a minute or so or does it take longer? 

Nick_C

tg99 said:

Are withdrawals via FP from YBS instant access accounts truly instant within a minute or so or does it take longer? 

Processed overnight.  Can be the afternoon of the next working day before they arrive at the receiving account.