The Top Easy Access Savings Discussion Area

Molehusband

Daliah said:

The latest MSE newsletter, and the Top Savings accounts article, hasn't spotted the 1.8% Al Rayan account yet. May be it's because of the min £5k opening deposit? Thank goodness for the combined knowledge of this forum.

Maybe it could also be the fact that Al Rayan doesn't pay "interest" unlike everyone else, but Sharia compliant "Expected profit rate" (EPR) which is not guaranteed?

RG2015

Daliah said:

The latest MSE newsletter, and the Top Savings accounts article, hasn't spotted the 1.8% Al Rayan account yet. May be it's because of the min £5k opening deposit? Thank goodness for the combined knowledge of this forum.

Al Rayan is in the Top Savings list at 1.80% in the Ways to boost your interest, non standard section.

https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/

Pompeydave1967

I can’t understand why Atom are lagging behind on both easy access + fixed rates - used to be a front runner.

janusdesign

Daliah said:

The latest MSE newsletter, and the Top Savings accounts article, hasn't spotted the 1.8% Al Rayan account yet. May be it's because of the min £5k opening deposit? Thank goodness for the combined knowledge of this forum.

the 1.8% was mentioned at least one, maybe closer to 2 days, on this forum before the Moneyfacts site got updated to show the increased rate... so possibly email written before site was updated.

where_are_we

New Marcus 1.5% rate is automatically applied. You can renew the end date of the .25% bonus to 2/8/23 by viewing your account and going to bottom right (review your savings) and then go to bottom of page (renew your bonus).

Sunnydays3

marcus has just bumped up their underlying rate from 1.05% to 1.25%. still not great and lagging behind, but it's something

SeriousHoax

I wonder if Cynergy will bump up they're interest rate soon for there easy access account.

veryintrigued

Sunnydays3 said:

marcus has just bumped up their underlying rate from 1.05% to 1.25%. still not great and lagging behind, but it's something

Made me smile as it's been mentioned on this thread x n already.

Indeed the post before yours.

soulsaver

SeriousHoax said:

I wonder if Cynergy will bump up they're interest rate soon for there easy access account.

Yes, I checked there, and they're so slow with their rate reviews.

soulsaver

Olinda99 said:

2010 said:

pearl123 said:

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

Fed up waiting for Marcus to raise so moved it all out.

Marcus now at 1.5% (both instant access and cash ISA)

Edited with links in to the Top of the Pots providers on page 633 Thanks.
Saga also added.