The Top Easy Access Savings Discussion Area

t1redmonkey

Freebird53 said:

Good morning,

Could somone tell me where profit in the AL Rayan 2.10% Everyday Saver is paid to?

I'm assuaming it's retained within the account, as I cannot see details of my linked account (the account from which i funded the Al Rayan account) on their web portal.

TIA.

It's just added back into your Al Rayan account.

RobM99

Silverbullet036 said:

Looks like Ford Money have withdrawn their Flexible Saver

Crikey!   How does impact every savings account?  ("This" being the current situation?)

Silverbullet036

RobM99 said:

Crikey!   How does impact every savings account?  ("This" being the current situation?)

Not sure , just checked and they have withdrawn the FS and the Fixed ISA due to high demand. The fixed saver and flexible ISA are still available

Section62

Silverbullet036 said:

RobM99 said:

Crikey!   How does impact every savings account?  ("This" being the current situation?)

Not sure , just checked and they have withdrawn the FS and the Fixed ISA due to high demand. The fixed saver and flexible ISA are still available

They have previously withdrawn the Flexible Saver from the market - presumably when they couldn't cope with the volume of applications or just didn't need the additional cash - and then reinstated it subsequently.

Existing accounts were unaffected.

The notice on the Ford Money website does imply this is a temporary thing.

GalacticaActual

Yorkshire Building Society have launched two new products in their easy access range, albeit with restrictions:

• Loyalty Six Access eSaver paying 2.5% from £1 to £500,000. Restricted to six withdrawals per year (eligibility criteria applies).
• Rainy Day Account Issue 2 paying 2.5% on balances up to £5,000 // 2% on balances over £5,000.01. Restricted to two withdrawals per year.

https://www.ybs.co.uk/savings/easy-access

wiseonesomeofthetime

Yeah, it was discussed at length yesterday and is in Soulsaver's top ten.

refluxer

It's very common for Ford Money to withdraw their Flexible Saver (and certain other savings products) from time to time. There are frequently periods of many weeks when those accounts aren't available.

soulsaver

wiseonesomeofthetime said:

Yeah, it was discussed at length yesterday and is in Soulsaver's top ten.

...at No1

soulsaver

Silverbullet036 said:

Looks like Ford Money have withdrawn their Flexible Saver

Assuming you've filled (or don't want) YBS, Al Rayan &/or Gatehouse - if Ford's internet content writers are clued up enough to recognise the difference between 'new applicants' and 'new customers' - it appears it's still available to existing customers.

Flexible Savings Account - Easy access savings | Ford Money
"..we have taken the decision to remove our Flexible Saver product from sale to new customers at this present time."

ccluedo

YBS is existing customers only