The Top Easy Access Savings Discussion Area

soulsaver

deleted...

howryoo

RG2015 said:

howryoo said:

Typical .... once I've moved my funds, Atom decides to increase its easy access rate!

Can you move your funds out of Virgin Money please? 

Haha ... don't have any more funds to shift.

I hung on with Atom for a few weeks, but they upped their rate once I've lost patience.  Wasn't a lot anyway.

Pompeydave1967

I was that close to moving a lot out of easy access Atom but decided to wait a couple more days and bang just what I wanted 1.9%.

Bigwheels1111

Emptied Atom on the 14th September after 1.5% fixed matured.
Over to Gatehouse at 2%.
Would have left it in Atom if they had raised there rates.

Thumbs_Up

I want to move money out of Tandem, except the app ain’t working.

Bigwheels1111

Thumbs_Up said:

I want to move money out of Tandem, except the app ain’t working.

Call them.

Daliah

Bigwheels1111 said:

Thumbs_Up said:

I want to move money out of Tandem, except the app ain’t working.

Call them.

First delete and re-install the app, that's likely to fix the issue.

Thumbs_Up

Bigwheels1111 said:

Thumbs_Up said:

I want to move money out of Tandem, except the app ain’t working.

Call them.

Although I made comment here I’m not normally a drama queen so was prepared to wait. However I took your advice and called them, was told was a power outage and will be back up running in a hour. Did ask about possible rise in interest rates – answer “ we are aware of the BoE rate rise”

Thumbs_Up

Now fixed, credit to Daliah.

jimexbox

SJMALBA said:

Amongst the apparent economic carnage being caused by Kwarteng's 'mini-bidget', there are increasing suggestions that the BoE will now be forced into more aggressive action, with a 1% rise in November already being talked about... e.g.

'The BoE, which has been reluctant to hike rates aggressively, will need to roll up its sleeves and fight inflation with larger rate hikes for here. Expectations for a 1% hike in November are already climbing.

It’s difficult to see how the pound can recover from here. Investors are pulling out of UK assets rapidly and who can blame them? Drawing comparisons historically, the last big tax giveaway in 1972 resulted in rampant inflation, unmanageable debt, and an IMF bailout.' Fiona Cincotta, Senior Financial Markets Analyst at City Index.

https://www.theguardian.com/business/live/2022/sep/23/uk-consumer-confidence-economy-recession-mini-budget-tax-cuts-kwasi-kwarteng-business-live

Seeing that at only 3 of the 9 mpc members voted for a 0.75 rise, I'd think it unlikely that there would be a majority for a 1% rise in base rates at the next meeting.