The Top Easy Access Savings Discussion Area

Kazza242

Yorkshire BS has launched Internet Saver Plus (issue 12) which currently pays the same interest rate as the previous issue: 1.60% (on £50K+), 1.55% (£10K+) and 1.25% (£1 - £9,999).

See https://www.ybs.co.uk/savings/product?id=YB681614W

Shedman

janusdesign said:

SJMALBA said:

Charter Savings Bank Easy Access issue 26 - 1.54%  (£5k min.)

https://chartersavingsbank.co.uk/Products/EasyAccess

can someone please confirm that it's Charter that don't update their rates on existing issues, so you would need to open a new issue to get the newer rate? From reading this thread, I recall there is a bank that does this begins with C, but can't remember if it's Charter, Cynergy or someone else - I don't have existing accounts with either to know from first hand experience.

With Cynergy you need to keep opening the latest issue (very easily done) and transfer monies from old account.   

I believe from recollection that Charter do update the rates on existing accounts (although whether always to the same rates as new issues I'm not sure)

2010

Marcus easy access, how reliable are their faster payments to your nominated account at the weekend?

refluxer

2010 said:

Marcus easy access, how reliable are their faster payments to your nominated account at the weekend?

According to their T&Cs... "if you ask us to send your money after 3.30pm or on a non-business day, we may not make your payment until the following business day."

I've never requested a transfer on a Saturday or Sunday but have done the odd one after business hours on a Friday evening (around this time) and it's been received within minutes if you were thinking about transferring now - no guarantees though, I guess.

kaMelo

2010 said:

Marcus easy access, how reliable are their faster payments to your nominated account at the weekend?

I've always found them reliable, the payments are usually a little slower on a weekend but only by an hour or two at most.

soulsaver

Kazza242 said:

Yorkshire BS has launched Internet Saver Plus (issue 12) which currently pays the same interest rate as the previous issue: 1.60% (on £50K+), 1.55% (£10K+) and 1.25% (£1 - £9,999).

See https://www.ybs.co.uk/savings/product?id=YB681614W

ToTP page 627 edited to show Iss 12, thanks.

Weirdly, IMO, same rate as Iss11. 
What's the point of that?

wiseonesomeofthetime

Yup. Real weird 🤷‍♂️

2010

kaMelo said:

2010 said:

Marcus easy access, how reliable are their faster payments to your nominated account at the weekend?

I've always found them reliable, the payments are usually a little slower on a weekend but only by an hour or two at most.

Thanks for that.
Two payments made early today went through within minutes.
Probably a bit slower as the day progresses.

Aidanmc

adindas said:

Aidanmc said:

adindas said:

For Al-rayan everyday-saver-issue-3

It says here minimum Balance is £5,000

https://www.alrayanbank.co.uk/savings/everyday-saver-issue-3

But from here it says Minimum opening balance £5000.

Also the interest is calculated daily.

Does anyone know what will happen if you put initially £5,000 during the month dropped below £5000 for  a few days. Do not you get interest during this period or they will close your account??

I have issue 2 which had a deposit minimum of £2500. When the Issue 3 was released, i transferred total balance of Issue 2 over.

My issue 2 is still open, and i expect due interest will be added at end of the month.

What i understand is that a deposit of at least £5000 is required to open the Issue 3, i don't believe there is a requirement to maintain the balance above £5000 after that.

Would you please report the result when your issue 2 interest is paid

Interest paid on the issue 2 correctly.

southone

Kazza242 said:

Yorkshire BS has launched Internet Saver Plus (issue 12) which currently pays the same interest rate as the previous issue: 1.60% (on £50K+), 1.55% (£10K+) and 1.25% (£1 - £9,999).

See https://www.ybs.co.uk/savings/product?id=YB681614W

Sadly still no option for monthly interest payable to a external account