The Top Easy Access Savings Discussion Area

S_uk

Paragon appear to have increased their rate on some of their savings accounts at least, as I've just logged in and my triple access cash ISA rate has increased from 1.35% to 1.54%. Not received any email yet.

MrFrugalFever

Tandem has just increased to 1.65% (instant access).

southone

S_uk said:

Paragon appear to have increased their rate on some of their savings accounts at least, as I've just logged in and my triple access cash ISA rate has increased from 1.35% to 1.54%. Not received any email yet.

Thank you, mine too TRIPLE ACCESS ISA ISSUE 8 now 1.54%

typistretired

Cynergy are slower today opening a new instant saver. 

jimexbox

Rollinghome said:

The question now, is how many of those customers Chase paid so much to acquire will they be content to lose before increasing their rate? I was just getting comfy there.

I moved 70% out of Chase a month ago. Hopefully they'll increase rates or I'm off. Will use for cashback and foreign holidays only. 

andyhicks88

I only moved my money into Zopa a couple of weeks ago so I hope they respond and don't get left behind, I felt quite confident they would always be there or there abouts that's why I moved my money to them so looking out for them increasing their rates over the next week or so.

fwdrew

Atom Bank seem to be extremely slow this time, rates way down the list. I like them but they are not competitive enough have just drawn my money out and moved.  

WillowLea1962

fwdrew said:

Atom Bank seem to be extremely slow this time, rates way down the list. I like them but they are not competitive enough have just drawn my money out and moved.  

Atom last moved their rate for Instant Access on 16th June 

RG2015

WillowLea1962 said:

fwdrew said:

Atom Bank seem to be extremely slow this time, rates way down the list. I like them but they are not competitive enough have just drawn my money out and moved.  

Atom last moved their rate for Instant Access on 16th June 

Which is a day after the last BoE rate rise and the previous increase was also the day after the BoE rate rise.

5/5/22 BoE up 0.25%, Atom rate up 0.25%
16/6/22 BoE up 0.25%, Atom rate up 0.10%
4/8/22 BoE rate up 0.50%, Atom rate up x.xx%

Will the Atom rate go up by 0.50% to 1.85%?

CompulsiveSaver

Kazza242 said:

The Shawbrook Easy Access Account (issue 29) is now paying 1.75%

https://www.shawbrook.co.uk/direct/savings/personal-savings/easy-access-savings-accounts/

Interesting (as posted on the banking board), that means Premium bond yield is the same as this for basic rate taxpayers.

and also that means the likes of the Halifax Reward current account that paid £5 every month, you might be better off keeping it in a savings account (again)...