The Top Easy Access Savings Discussion Area

soulsaver

SJMALBA said:

Section62 said:

Seems the Virgin M+ saver rates are increasing to 1.7% (and 1.0%) from today.

(email from them just now)

They haven't updated their website yet, but now showing in online banking.

It is now: EASY ACCESS SAVINGS | Virgin Money UK

Section62 said:

Seems the Virgin M+ saver rates are increasing to 1.7% (and 1.0%) from today.

(email from them just now)

And ToTP (page 627) updated to show new numero uno @ 1.71%... every little...

Mr._H_2

Now we get to find out if Chase will respond. When the 1.5% launched it was way out in front. I wonder if they'll do an aggressive hike to 2%, or if the 1% cashback on the current account is enough to keep customers. I've already moved most of my savings away from Chase, but being able to run DDs and standing orders from the savings accounts is a very attractive feature.

SJMALBA

Presumably,  most will be holding off until next week's MPC meeting?

Kazza242

Yorkshire BS have increased their Internet Saver Plus (issue 11) interest rate to 1.60% (on £50K+), 1.55% (£10K+) and 1.25% (£1 - £9,999).  

See https://www.ybs.co.uk/savings/product?id=YB681538W

Nick_C

Mr._H_2 said:

Now we get to find out if Chase will respond... being able to run DDs and standing orders from the savings accounts is a very attractive feature.

I'm keeping my Chase account for the long term.  Just got back from the USA.  No fee to withdraw cash from Chase ATMs.  Perfect exchange rate.  (And of course 1pc cash back, but that is short term).

I'm happy to keep some savings with Chase and lose 0.2pc.  It's a great feeder for Regular Savings Accounts. 

jimexbox

Mr._H_2 said:

Now we get to find out if Chase will respond. When the 1.5% launched it was way out in front. I wonder if they'll do an aggressive hike to 2%, or if the 1% cashback on the current account is enough to keep customers. I've already moved most of my savings away from Chase, but being able to run DDs and standing orders from the savings accounts is a very attractive feature.

Moved the majority of my savings to zopa and give notice immediately on my 30/95 pots a month ago. 

I like Chase, its worked flawlessly for me, I know others have had issues. Let's hope they remain competitive, as I'll have to withdraw the lot if they don't. 

soulsaver

Kazza242 said:

Yorkshire BS have increased their Internet Saver Plus (issue 11) interest rate to 1.60% (on £50K+), 1.55% (£10K+) and 1.25% (£1 - £9,999).  

See https://www.ybs.co.uk/savings/product?id=YB681538W

And ToTP (page 627) updated (again... ) to show new numero uno Virgin Money @ 1.71%; and the YBS. 

Bridlington1

I've just noticed YBS have now launched an online only version of their Family Savings Account called the Family eSavings Account. It is almost identical to the Family savings account but with a couple of minor differences:
-It can be opened by anyone aged 16 or over (11 or over for the Family Savings Account)
-You can open and manage the account online only
-The Family e-Savings Account can not be opened in trust

All other details are the same from what I can see.

ngood77

At least ten attempts to open Sainsbury savings account online - breaks each time.  And their call centre/twitter help are useless.  Surprised that the MSE team are promoting them - a bit of a bad mark for them.  Fortunately the YBS account is now available and at a better rate, so I've gone there instead.  Avoid Sainsbury.

Bridlington1

ngood77 said:

At least ten attempts to open Sainsbury savings account online - breaks each time.  And their call centre/twitter help are useless.  Surprised that the MSE team are promoting them - a bit of bad mark for them.  Fortunately the YBS account is now available and at a better rate, so I've gone their instead.  Avoid Sainsbury.

Have you already had a Sainsburys account before? If so it will take up to 5 working days for the new account to appear in online banking.