The Top Easy Access Savings Discussion Area

Frogletina

Daliah said:

Frogletina said:

I thought maybe I'd gone over the £25000 limit for the day as they had counted the failed one as well as the other one, but that doesn't account for it as I was able to move it to another bank.

Santander daily limit is £100,000

Of course Daliah, I was thinking of the Chase limit where I was transferring from

I was moving £15000 from there to Santander.  Santander allowed the first payment of £1, blocked the £15000 payment and my account, then after the phone call I moved £5000 after setting up new payee details which passed the COP. Then the final payment of £10000 didn't go anywhere although the app said it had been completed.

Rudyson

tc66_2 said:

Frogletina said:

Well, I used the details on the app using my name as was shown on the app with the sort code and account number, and it failed COP. I then used Zopa, and it passed the COP

I was told the same thing when I called Zopa themselves today. They recommended that if it wasn't matching with my name that I specify a payee name of "Zopa Ltd" and indicate it's a business account. 

It's the same with Kent Reliance. I've opened a few accounts with them. The account number applies to your personal account, but they instruct you to put Kent Reliance as the payee and call it a business account. 

dekkard

t1redmonkey said:

dekkard said:

Zopa: Like others, I've had trouble with making a first payment from my linked bank account to a newly-opened Zopa saver account.

The HSBC app says the name I entered as the payee (me) doesn't match the payee name on my Zopa account (also me).

I assume it takes time (overnight?) for a new account to be fully 'set up' so that this check will run successfully.

I think you may be on to something with the overnight update.  I tried transferring money to the account on the day I set it up and was getting a message about the name on the account not matching so I left it.  The next day (today) when I tried, it was now saying the names matched and was able to transfer my funds successfully into the account.

Interesting...

2010

Nationwide slow out the traps yet again.
No movement on triple access stuck at 1.5% and that's with limited access.
Looking after members, no shareholders to pay.

typistretired

peteques said:

Expotter said:

Not strictly easy access, but since Zopa is frequently mentioned here, if anyone is interested Oak North bank has increased its 90 notice account to 2.21%

Does anyone know much more about Oak North - any good?

I think so great customer service and competive rates been with for a few years

JGB1955

typistretired said:

peteques said:

Expotter said:

Not strictly easy access, but since Zopa is frequently mentioned here, if anyone is interested Oak North bank has increased its 90 notice account to 2.21%

Does anyone know much more about Oak North - any good?

I think so great customer service and competive rates been with for a few years

Likewise - I've had several accounts with them over the years.  They have a UK call centre and answer the phone within seconds.

Nick_C

2010 said:

Nationwide slow out the traps yet again.
No movement on triple access stuck at 1.5% and that's with limited access.
Looking after members, no shareholders to pay.

No shareholders to pay, but total Directors' Remuneration is more than three and a half million a year.  Their top Exec Director accounts for more than £2 million of that.

castle96

Sack em all. I vote against everything for the AGM. Still got £100 in there from carpetbagger days. Roll on de-mutualisation !! Ra ra ra

NameWithheld

peteques said:

Expotter said:

Not strictly easy access, but since Zopa is frequently mentioned here, if anyone is interested Oak North bank has increased its 90 notice account to 2.21%

Does anyone know much more about Oak North - any good?

You have to keep an eye out for rate increases, because they won't tell you. Then you need to open a new account at the higher rate and transfer from the old account. This is the second time I've had to do this so far this month

soulsaver

ToTP  

11/08: Al Rayan grabs top spot.. for now..

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

Updated at 20/08/2022.. c.00.30hrs - 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 1.90% (11/08) App onlyish. Everyday Saver (Issue 3) | Islamic banking | Sharia compliant & ethical (alrayanbank.co.uk) Thnx @Expotter

2 Cynergy EA; 1.85% inc 1st yr bonus (16/08) Cynergy Bank thnx @isasmurf

3 Zopa Smart Saver(App only) - £85k max. Improved rates(08/08) Access 1.81%. Boosted 7day notice 1.85%.  31day 1.95%; 95day 2.05%  Smarter Savings built for real life  

4 Gatehouse EA 1.80% EPR (10/08) Min £1k Easy access account | Gatehouse Bank | Gatehouse Bank plc Thnx (Ed)

5 Paragon triple access 1.8% (19/08) Triple Access Savings Account | Paragon Bank thnx @Unclek

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

7 Charter 1.75% £5k min (18/08) Easy Access (chartersavingsbank.co.uk) thnx @SJMALBA

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

9 Yorkshire BS*Tiered* Intrnt Svr Plus iss 12 (18/08) wef 01/09: 1.70% (1.5%<£10k 1.75%>£50k) . View our Easy Access Savings Accounts | Savings | YBS ; Also note YBS 1.75% <£10k with restrictions wef 01/09 Savings Account - More Information | YBS 

10 Aldermore Double Access 1.7% (19/08) Double Access Account, Instant Access Savings Account - Aldermore Bank thnx @southone

11 RCI Bank  1.67%(12/08) Savings Accounts | RCI Bank

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

12= Prinipality Double access 1.65% (19/08) Online Double Access | Online Double Access (principality.co.uk)

14 Tesco Internet Saver 1.58% inc bonus. (11/08) Internet Saver Account Application - Savings Accounts - Tesco Bank thnx @SonOfPearl

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

See prior ToTPs for detail on recent 'drop offs...'. Last posts, pages 651/644/633  

Recent/Upcoming Drop offs:  (Today 20/08) Tesco, Skipton

Previously: Ford Money, Sainsbury; 

Earlier: Secure Trust Bank, Chase, Newcastle BS, Family BS, Nationwide BS.

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