The Top Easy Access Savings Discussion Area

skitskut

I just noticed my NS&I Direct Saver is now saying 1.20% when logged in. Still showing 0.50% on website.

Kazza242

According to Moneyfacts, the new Tesco Bank Internet Saver will pay 1.43%

(The rate includes a 1.18% bonus for 12 months).

ranciduk

skitskut said:

I just noticed my NS&I Direct Saver is now saying 1.20% when logged in. Still showing 0.50% on website.

Showing as 1.20% on the website now

where_are_we

Kazza242 said:

According to Moneyfacts, the new Tesco Bank Internet Saver will pay 1.43%

(The rate includes a 1.18% bonus for 12 months).

When? Having to open a new one every few weeks and transfer savings to a new one is not good. A load of new paperwork, a new account number, another annual interest figure, another IS dormant account with 0 balance, and a limit of 5 IS accounts at which stage you have to close the old ones. On top of all that, their latest interest rate is behind their competitors. 

soulsaver

Kazza242 said:

According to Moneyfacts, the new Tesco Bank Internet Saver will pay 1.43%

(The rate includes a 1.18% bonus for 12 months).

Not showing on Tesco site, as yet 1.38%. Moneyfacts jumped the gun?

soulsaver

One more above 1.4% will drop 7 accounts off from the ToTP list! 
The Top Easy Access Savings Discussion Area - Page 621 — MoneySavingExpert Forum

gwapenut

Not wanting to pile any more work on the fantastic stuff soulsaver is doing, but I wonder in this rising interest rate environment if it's worth noting which providers are higher maintenance because they require a new account to be opened very month or two? Because each time the rate rises they let an old account stagnate, and open a new issue with new rates.

It seems to me that OakNorth (thanks T.R.) Zopa, Shawbrook and Yorkshire are good choices for people who want low hassle. Usually Tesco and virtually always Nationwide are bad. Coventry are a lottery - mostly honourable, but sometimes they let all rates stagnate then get hungry for money again.

typistretired

OakNorth are good too. 

Malchester

Would highly recommend Zopa. Also just opened Gatehouse easy access account. Easy to open (already have an account with them) but not instant deposits and withdrawals (up to 2 hrs) which is fine for me

Kazza242

soulsaver said:

Kazza242 said:

According to Moneyfacts, the new Tesco Bank Internet Saver will pay 1.43%

(The rate includes a 1.18% bonus for 12 months).

Not showing on Tesco site, as yet 1.38%. Moneyfacts jumped the gun?

I expect that the new Tesco Bank Internet Saver, paying 1.43%, will take effect from 22nd July. 

Moneyfacts usually posts the info a day early.