The Top Easy Access Savings Discussion Area

Molehusband

southone said:

Molehusband said:

Today I discovered to my surprise that National Savings have apparently recently increased their Direct Saver interest rate from 0.5% to 1.2%. I seem to recall that somewhere on their website they publish a leaflet giving their up-to-date interest rates for all their products. I've been struggling to locate this leaflet - can anyone give me a link where I can download it?

Is this what you want? https://www.nsandi.com/interest-rates

Thanks, I'm aware of that page, but that's not the leaflet I'm looking for which can be downloaded in PDF format. The last one I downloaded was dated 1 April 2021, 10 pages long and called "Keeping you informed". Is there an update to this leaflet I can download from somewhere?

Lynsey89

I’ve just opened an RCI account but when I try to transfer from my HSBC account it says the names don’t match.
I’ve sent a £1 test to check it out but I have to wait for my customer ID to be sent through the post before I can check that this has gone in, so a waste of a few days interest.
Surely these days everything should be dealt with online not having to wait for post

Daliah

Lynsey89 said:

I’ve just opened an RCI account but when I try to transfer from my HSBC account it says the names don’t match.
I’ve sent a £1 test to check it out but I have to wait for my customer ID to be sent through the post before I can check that this has gone in, so a waste of a few days interest.
Surely these days everything should be dealt with online not having to wait for post

There are accounts which are faster to open than RCI, and which pay better interest.

Generally, I think it is a good idea not to deposit any money into any account you don't have full access to.

Pompeydave1967

I was hoping to see 1.75 / 1.8 % on my chase app this morning but no luck. Love the app etc but could do with higher rate .

Daliah

Pompeydave1967 said:

I was hoping to see 1.75 / 1.8 % on my chase app this morning but no luck. Love the app etc but could do with higher rate .

Use a different app 😎

pearl123

Pompeydave1967 said:

I was hoping to see 1.75 / 1.8 % on my chase app this morning but no luck. Love the app etc but could do with higher rate .

I just pulled nearly all my money out of Chase. 

Mr._H_2

pearl123 said:

Pompeydave1967 said:

I was hoping to see 1.75 / 1.8 % on my chase app this morning but no luck. Love the app etc but could do with higher rate .

I just pulled nearly all my money out of Chase. 

To everyone hoping/wanting Chase to raise rates: this is what you need to do. There is no incentive for Chase to raise their rates if people don't move their capital away once the rates are uncompetitive.

Olinda99

I doubt if Chase care if you move money out of your savings account just as long as you keep your current account open.

Pompeydave1967

Daliah said:

Pompeydave1967 said:

I was hoping to see 1.75 / 1.8 % on my chase app this morning but no luck. Love the app etc but could do with higher rate .

Use a different app 😎

Yes that’s always a possibility , got Shawbrook going now 1.75% but a bit disappointed in chase not keeping up with the competition, 1% cash back and round up reason I was staying with them.

jak22

It's still possible to say with them and keep using the card to get cashback - it's quick to transfer in enough to cover regular spend. Their 1.5% rate was great when the others were under 1% but this is an instant access account. Many others haven't responded to the BoE rate change either yet but another week or two is enough time to increase rates.