The Top Easy Access Savings Discussion Area

Patr100

Thumbs_Up said:

refluxer said:

Thumbs_Up said:

Can the banks network servers handle the to-and-fro of peoples cash that gets taken from one bank and added to another? I guess so.

It's very easy to get a distorted view of savers and their habits when you hang out in this forum. AFAIK, the majority of my friends and family don't move money around anywhere near as often as the typical Savings and Investment forumite - I suspect we're in the minority !

Regarding bank savings I thought the word apathy was old fashion and dated. Apparently not, I have 2 siblings with cash savings over £150k each on 0.1% rates, they do not and will not listen to me. I have given up with them.

 If they they were offered hundreds of pounds for an  hour's work sitting front of a PC switching for the difference in income they would jump at it - but they can't see it that way .
We're moving money around all time time to chase the rates but some  like mine First Direct offer a pathetic
0.55% for their Annual fixed rate. It's almost insulting how they rely on customer inertia.

Bridlington1

Harpenden BS have launched a triple access account at 1.9% variable for 3 or less withdrawals.

soulsaver

Bridlington1 said:

Harpenden BS have launched a triple access account at 1.9% variable for 3 or less withdrawals.

Thanks. Postal/branch opening, I suspect, will deter most of the trappers on here.
ETA: ToTP updated.

Bigwheels1111

Thumbs_Up said:

Can the banks network servers handle the to-and-fro of peoples cash that gets taken from one bank and added to another? I guess so.

Personal opinion but I won’t get to excited until savings rates are 5%

 

I’m with you on the 5%, maybe by December if boe base rates get to 3.5%

GalacticaActual

My Marcus Online Savings Account is showing 1.80% gross variable this morning (22nd September 2022), which includes the 0.25% bonus rate:

Section62

GalacticaActual said:

My Marcus Online Savings Account is showing 1.80% gross variable this morning (22nd September 2022), which includes the 0.25% bonus rate:

Same here.  No notifications of a change though.

Bigwheels1111

Still behind Al Ryan 2.1% and Gatehouse 2%.
I would expect Al Ryan to raise its rates again after today rate rise.
The first 4% now available today at Atom 2 year deal.
Come on 5% for 5 years.

2010

Marcus, what a joke one month behind everybody else to raise rates, now 1.8%.
They did the same trick last time as well.
Two days before the BoE meeting they put it up to 1.5%.

So if rates move again today we have to wait another month.
Bye, bye Marcus.
Chase is as bad.

Pompeydave1967

No surprises then SAGA also increased to 1.8% today.

southone

Section62 said:

GalacticaActual said:

My Marcus Online Savings Account is showing 1.80% gross variable this morning (22nd September 2022), which includes the 0.25% bonus rate:

Same here.  No notifications of a change though.

Isa rates up to, we normally get a notification later in the day so expect email this afternoon