The Top Easy Access Savings Discussion Area

SJMALBA

sturgeon said:

I’ve successfully opened my Charter account. Sent £5k so far but Barclays are running further checks before it’s sent. Anyway, logging in to the account it says my interest rate is 0.1%?! Anyone else?

That's because the balance is below the min. 5k

jimexbox

2.25% kicks in when there is 5k plus in the account. 

Daliah

sturgeon said:

I’ve successfully opened my Charter account. Sent £5k so far but Barclays are running further checks before it’s sent. Anyway, logging in to the account it says my interest rate is 0.1%?! Anyone else?

Yes, because your balance is below £5k.

Same for  £1 - £4999.99 on monthly interest

sturgeon

Aha, well that makes sense. Hopefully Barclays actually send the initial deposit soon as it’s still in my balance. They must’ve thought it was fishy. 

Interesting that payments are sent to a generic bank account and they only seem to be able to identify from a reference number. I hope that’s automatic not manual once they receive funds. I couldn’t fit the full reference including spaces when sending. 

Nick_C

sturgeon said:

Interesting that payments are sent to a generic bank account and they only seem to be able to identify from a reference number.  

That's quite common when sending money to a deposit taker that is not a clearing bank.  Skipton BS, Cambridge BS, and Saffron BS all work this way.  Deposits (through Barclays) are processed quickly and automatically - even on Sundays.  But the reference must be correct as it is the only data that identifies your account.

2010

Deposit now in Charter via Barclays and 2.23% showing for monthly interest.

littlemissbossy

Barclays 5.12% up to £5k for existing current account customers (Blue Rewards)

https://www.barclays.co.uk/savings/instant-access/rainy-day-saver/

iishappy

Gatehouse Easy Access Account is currently under review and not available

Will be nice if they increase from 2% and take top spot

anticlaus105

littlemissbossy said:

Barclays 5.12% up to £5k for existing current account customers (Blue Rewards)

https://www.barclays.co.uk/savings/instant-access/rainy-day-saver/

It says in T&C you will no longer receive the £5 blue reward cash if you open the RD saver. Is this correct? So in effect this saver costs £5 per month.

crumpet_man

anticlaus105 said:

littlemissbossy said:

Barclays 5.12% up to £5k for existing current account customers (Blue Rewards)

https://www.barclays.co.uk/savings/instant-access/rainy-day-saver/

It says in T&C you will no longer receive the £5 blue reward cash if you open the RD saver. Is this correct? So in effect this saver costs £5 per month.

I cannot find that in the T&C, I suspect you have misread this:

• You won’t receive a monthly cash reward to your Blue Rewards Wallet for having a Rainy Day Saver account. Your existing monthly Blue Rewards aren’t affected and we’ll keep paying them into your Blue Rewards wallet