The Top Easy Access Savings Discussion Area

Silverbullet036

I think it would depend on whether you like to put all your eggs in 1 basket. Many of us like to drip feed in and operate a 'ladder' savings strategy. At the moment 4+% seems reasonable for the next rung on my ladder and in a months time it's not unreasonable to expect 5+% the way things are going

Bigwheels1111

surreysaver said:

Daliah said:

Gatehouse Easy Access - a bit more information for new account holders

After having opened the account yesterday, and making several deposits from my nominated account, today I can see a message in the app, saying "Your nominated account must be authenticated before it can be used for withdrawals". There is no explanation in the app how this authentication works, but if you log into online banking they tell you that they will send you an authentication code in the post, and you then enter this code in online banking to complete the authentication process. This sounds like a security measure - not 100% foolproof but better than not verifying the nominated account.

Cheers for that. There's no explanation anywhere of this, so was wondering myself.
Same with Ford Money, but they explain it on their website

It worked well, opened account and filled it.
Four days later code arrive, entered it in the box.
All done. 

NameWithheld

Bridlington1 said:

Tandem's instant access saver account is now paying 1.85%.

Still says 1.65% in the app. Not that it makes any difference on my £1 balance.

BigBlueSky

Anyone know what the Cambridge BS and Sainsburys account are like for deposits and withdrawals in terms of how long it takes?  Are they near instant?

Thanks in advance 

swanfan02

BigBlueSky said:

Anyone know what the Cambridge BS and Sainsburys account are like for deposits and withdrawals in terms of how long it takes?  Are they near instant?

Thanks in advance 

I requested a withdrawal from the CambridgeBS on Sunday morning & it was in my linked account by 6.30am Monday. I tend to make deposits using a debit card, I’ve not used faster payments into the Cambridge as yet

soulsaver

ToTP updated latest here with Cambridge BS & Sainsbury's (Tandem doesn't make the 10, but included for now in the BIG ToTP list).

There's quite a few dropping off in tomorrow's month & weekend update.

alternate

I believe this account is a withdrawn account but many will likely still have it.

Coventry Building Society


Good news - we’re increasing the interest rate on your Limited Access Saver (Online) again.  New rate 2.25% APR.

What_time_is_it

alternate said:

I believe this account is a withdrawn account but many will likely still have it.

Coventry Building Society


Good news - we’re increasing the interest rate on your Limited Access Saver (Online) again.  New rate 2.25% APR.

Is that the Four Access Saver?

TomDolan

just had an email from Tandem:

"Great news! We're just about to increase the interest rate on your Instant Saver to 1.83% gross / 1.85% AER, and we can't wait to help you save and hit your money goals.

We'll apply this higher rate to your account automatically, so you don't need to do anything and you don't need to contact us. Your account will update and you'll see your new rate in the app by the end of the day on Thursday the 29th September 2022. Happy saving."

Nick_C

BigBlueSky said:

Anyone know what the Cambridge BS and Sainsburys account are like for deposits and withdrawals in terms of how long it takes?  Are they near instant?

Thanks in advance 

Withdrawals from Cambridge BS are same day if done early on a working day.  Don't know what the cut off time is, and their faster payments out take a few hours to reach the recipient.

Faster Payments in to Cambridge (through a Barclays clearing account) are processed same day, even if that is not a normal banking day.  I funded my Cambridge Regular Saver on Sunday 1 May from Chase.

ETA - Cambridge BS is particularly useful if you have the Halifax Reward Current Account, as you can deposit by Debit Card.  Skipton and Yorkshire also accept DC deposits.  Debit cards deposits usually take two days to clear though.