The Top Easy Access Savings Discussion Area

Rollinghome

janusdesign said:

Expotter said:

Al Rayan Everyday Saver Issue 3 instant access 1.8%, min £5k, interest (profit) paid monthly.

out of interest, do Al Rayan accept initial test deposits of £1, or do they literally need to be £5k ?

They did take test deposits - but that was a while back. You could also go below £5k without effecting interest rate.

soulsaver

ToTP  01/08 Another New Number 1....!

OK rate trappers... Easy(ish) Access, Top (10ish) Of The Pots.. BoE base rate +0.5 =1.75% (04/08)

Updated at 05/08/2022.. c.14.00hrs - Starter for 10; not comprehensive, DYOR.

Latest/recent changes in bold. Links added for all accounts. TIA for all contributions.
Bracketed dates = date rate added/amended here.

1 Al Rayan Everyday Saver iss 3. £5k min 1.80% (01/08) App onlyish. Everyday Saver (Issue 3) | Islamic banking | Sharia compliant & ethical (alrayanbank.co.uk) Thnx @The_Fat_Controller

2 Shawbrook EA Iss29 1.75% (05/08) Min £1k Easy Access Savings Accounts | Shawbrook BankKazza242

3 Virgin Money 1.71% (27/07)c/w M plus c.a. £25k max EASY ACCESS SAVINGS | Virgin Money UK Thnx @ Section62

4 Tandem 1.65% App only 05/08  A greener way to save for the future (tandem.co.uk)MrFrugalFever 

5 Cynergy EA; 1.60% 1yr bonus (05/08) Cynergy Bank thnx @10_66

6 Skipton Double Access 1.56%(04/08) £10kMin   https://www.skipton.co.uk/savings/easy-access/online-double-access-saverSonOfPearl

7= Zopa Smart Saver(App only) - £50k max for newbs. Improved rates(11/07) Access 1.5%. Boosted 7day notice 1.55%.  31day 1.65%; 95day 1.85%  Smarter Savings built for real life 

8= Ford Money 1.55% (04/08) Flexible Savings Account - Easy access savings | Ford Money  Thnx @Kazza242

8= Yorkshire BS*Tiered* Internet Svr Plus iss 12 1.55% (27/07)(1.25%<£10k 1.60%>£50k) (27/07) As Iss 11. View our Easy Access Savings Accounts | Savings | YBS ; Also research  1.5% <£10k with restrictions Savings Account - More Information | YBS 

8= Sainsbury Defined Access iss 13 1.55% (26/07) limited to 3 w/d; £1k min Defined Access Saver with Sainsbury's Bank (sainsburysbank.co.uk) 

11 Charter Bank Easy Access issue 26 - 1.54%  (£5k min.) (28/07) Easy Access (chartersavingsbank.co.uk) thnx @SJMALBA

12 Marcus (and Saga) 1.50% inc 0.25% bonus (03/08)  Savings | Marcus by Goldman Sachs® Saga Easy Access Savings Account thnx @Oliver14

12= Chase: Saver 1.50% (28/03) c/w c.a. App only Home | Chase UK

12= Newcastle BS 1.50% triple access (18/07) Newcastle Triple Access Saver (Issue 2)

12= Family BS 1.50% £1k min (14/07) Exclusive Easy Access Savings Account | Family Building Society

12= Nationwide Triple Access Iss 15 1.50% (21/07) 1 Year Triple Access Online Saver | Nationwide

See prior ToTPs for detail on recent 'drop offs...'. Last posts, pages 627/612/605.  

Drop offs:  Secure Trust Bank, Tesco (now 1.43% 26/07); Gatehouse, Aldermore, Principality (all 1.4%); 

plus Atom, Tandem, Cov BS, Cynergy, RCI, Paragon, Investec. 

Check terms for yourself - DYOR.
Note: These rates may, or may not be applied to existing accounts, plse check.

Also small balance, high rate: VM 2.0% £1k limit, Nationwide FlexDirect 5% on £1.5k (1st year only) Others  of note?

Also see Regular Savings Accounts: The Best Currently Available List! — MoneySavingExpert Forum

And Cash ISAs: The Best Currently Available List — MoneySavingExpert Forum

soulsaver

Well Al Rayan....that's put paid to gaming Zopa's boosts for now. :Thumb: 

Unless, of course, you've filled your Al Rayan... ?

jimexbox

If Chase don't react to Thursday's rate rise, I will only use for cashback. I've already moved 70% of my cash out. 

Nick_C

jimexbox said:

If Chase don't react to Thursday's rate rise, I will only use for cashback. I've already moved 70% of my cash out. 

Chase is also good for foreign currency transactions, getting cash in the USA, and as a feeder account for regular savings accounts. 

And with DDs allowed from the savings account, it is a serious alternative to leaving money in a current account. 

jimexbox

Nick_C said:

jimexbox said:

If Chase don't react to Thursday's rate rise, I will only use for cashback. I've already moved 70% of my cash out. 

Chase is also good for foreign currency transactions, getting cash in the USA, and as a feeder account for regular savings accounts. 

And with DDs allowed from the savings account, it is a serious alternative to leaving money in a current account. 

Yeah, I'll be using it on holiday. Definitely has its place, just not for savings. Unless of course they increase rates.

Must be a lot of cash drifting out over the last 5/6 weeks. 

infoadict

May have been mentioned before, but doesn't hurt to mention again - Chase max withdrawal per day is £25,000

wiseonesomeofthetime

Some steep minimum deposits in there for those top rates, for some.

Although, for me, arguably, the difference in interest rates on low balances is literally pence, so no real drama there tbf.

I am still holding until next week or week after, see how any BoE rate change this week is reflected in the rates by then.

But then I don't chase the pennies like I used to. Just cba tbh.

Oasis1

I'm moving my cash from Chase to Yorkshire BS. Feels good to, given Chase/JP Morgan aren't rated well for their ethics...

Will maintain the account for overseas spending though.

pearl123

It's a shame Marcus are no longer competative interest rate wise. Chase, I've nearly emptied my account.