The Top Easy Access Savings Discussion Area

soulsaver

soulsaver said:

ToTP  

New TOTP : Yorkshire BS tries to take all places in ToTP! Gauntlet thrown down to Al Rayan..?

Note: Barclays at foot of page for a relatively small max £5k balance, high rate 'hoop-full' 5% Rainy Day Saver (30/09)           littlemissbossy 

OK rate trappers: Easy(ish) Access, Top (10ish) Of The Pots.. BoE base rate +0.5 =2.25% (22/09)

Updated at 02/10/2022 c.13.00hrs - Starter for 10; not comprehensive, DYOR.

Latest/recent changes in bold. Links added for all accounts. TIA for all contributions.
Bracketed dates = date rate added/amended here.

1 Yorkshire BS 2.5% Loyalty Six Iss2 (12mth customers) also Rainy Day ac (2.5% to £5k, 2.0% above) (26/09) View our Easy Access Savings Accounts | Savings | YBSKazza242

2 Al Rayan Everyday Saver 3. £5k min rate upped to 2.35% (x2.1%) (30/09) App onlyish. Everyday Saver (Issue 3) | Islamic banking | Sharia compliant & ethical (alrayanbansmithers1981

3 Charter EA iss28 2.25% £5k+ (29/09)  Easy Access (chartersavingsbank.co.uk) thnx @BigBlueSky

4 Cambridge BS 2.10% (28/09) 1w/d per month  Your Saver Account (cambridgebs.co.uk)  thnx Ed

5 Gatehouse EA 2.00% EPR (01/09) New Min £1.00 Easy access account | Gatehouse Bank | Gatehouse Bank plc 

6 RCI Freedom Savings 2.00% £100 min (30/09) Savings Accounts | RCI Bank  thnx   @S_uk

7 Secure Trust Bank 2.00% (30/09) Min £1k  Access Account (securetrustbank.com)  thnx @Bridlington

8 Sainsbury 'Defined Access' (triple) 2.00% (28/09) Defined Access Saver with Sainsbury's Bank (sainsburysbank.co.uk)    thnx @Kazza242

9 Yorkshire BS-Tiered** Intrnt Svr Plus iss 12 (22/09) wef 07/10: 2.00% (1.8%<£10k 2.05%>£50k). View our Easy Access Savings Accounts | Savings | YBS  

10 Ford 1.95% (21/09) 'Temporarily NLA to new customers' (27/09) Flexible Savings Account - Easy access savings | Ford Money 

11 Investec Online Flexi Saver 1.95% (02/10) £5k+  Online Flexi Saver from Investec | Instant Access Savings Account  thnx @snnexus6

12 Atom 1.90% app only (23/09) Instant Saver 1.90% Interest Rate - Easy Access Savings | Atom bank 

13 Zopa Smart Saver (App only) - £85k max. Improved rates(12/09) Access 1.85%; Boosted 7day notice 1.90%;  31day 2.05%; 95day 2.25%  Smarter Savings built for real life   

Note: YBS Note: YBS Family Savings Account 2.05% wef 07/10 upto £10k with w/d restrictions now NLA*:  Savings Account - More Information | YBS  

* NLA = No Longer available to new applicants

Recent/Upcoming Drop offs: 

Check terms for yourself - DYOR.

Note: These rates may, or may not be applied to existing accounts, plse check.

Small balance, high rate: Virgin Money 2.0% £1k limit, Nationwide FlexDirect 5% on £1.5k (1st year only) Barclays Blue Rewards c/w 5% 'Rainy Day Saver' to £5k(30/09). 

Also see Regular Savings Accounts: The Best Currently Available List! — MoneySavingExpert Forum

And Cash ISAs: The Best Currently Available List — MoneySavingExpert Forum

And Notice Accounts: Notice Accounts - Page 11 — MoneySavingExpert Forum

Ok here is the ToTP Top bakers' Dozen... I like to keep Zopa on the page as it has interesting manipulation of notice capabilities. 

Still maintaining the 'Big List' here.

eta Investec

km1500

Thanks for all the work. Don't suppose you can put and maintain it on page 1 as the first post so its location never changes?

Just an idea.

JasonMSE

km1500 said:

Thanks for all the work. Don't suppose you can put and maintain it on page 1 as the first post so its location never changes?

Just an idea.

I think a shared Google Sheet would be the best solution.

Notepad_Phil

km1500 said:

Thanks for all the work. Don't suppose you can put and maintain it on page 1 as the first post so its location never changes?

Just an idea.

Unfortunately, although soulsaver has been around since 2008, this thread was started wayyyyy back in 2007 and none of the posts on the first page are from soulsaver so they can't update anything on page 1.

Freebird53

Nick_C said:

YBS often has competitive savings products.  

Do you know of any other account where you can put £5k and get 2.5% interest with access to your money should you need it?

And if you do join YBS and maintain an account with them (you only need to lend them a pound), then a year from now you may be able to stick half a million in something like their Loyalty Six account.

In the meantime, you could stick quarter of a million in the Family Building Society's two year tracker which is currently paying 3.1% with a monthly interest option.

But most people with substantial savings invest their money.  Whatever savings account you open, your money is guaranteed to lose value.

Surely the financial lanscape will be significantly different in six months, let alone a year?

I can see a 2yr tracker currently @ 2.6%. Does seem interesting though.

Perhaps most would, but unfortunately after much reading, i decided i possessed neither the knowledge, nor expertise to invest there, which is why i'm here.

ForumUser7

Freebird53 said:

Nick_C said:

YBS often has competitive savings products.  

Do you know of any other account where you can put £5k and get 2.5% interest with access to your money should you need it?

And if you do join YBS and maintain an account with them (you only need to lend them a pound), then a year from now you may be able to stick half a million in something like their Loyalty Six account.

In the meantime, you could stick quarter of a million in the Family Building Society's two year tracker which is currently paying 3.1% with a monthly interest option.

But most people with substantial savings invest their money.  Whatever savings account you open, your money is guaranteed to lose value.

Surely the financial lanscape will be significantly different in six months, let alone a year?

I can see a 2yr tracker currently @ 2.6%. Does seem interesting though.

Perhaps most would, but unfortunately after much reading, i decided i possessed neither the knowledge, nor expertise to invest there, which is why i'm here.

Is that two year tracker open to new customers? If so, where please? Thank you

soulsaver

ForumUser7 said:

Freebird53 said:

Nick_C said:

YBS often has competitive savings products.  

Do you know of any other account where you can put £5k and get 2.5% interest with access to your money should you need it?

And if you do join YBS and maintain an account with them (you only need to lend them a pound), then a year from now you may be able to stick half a million in something like their Loyalty Six account.

In the meantime, you could stick quarter of a million in the Family Building Society's two year tracker which is currently paying 3.1% with a monthly interest option.

But most people with substantial savings invest their money.  Whatever savings account you open, your money is guaranteed to lose value.

Surely the financial lanscape will be significantly different in six months, let alone a year?

I can see a 2yr tracker currently @ 2.6%. Does seem interesting though.

Perhaps most would, but unfortunately after much reading, i decided i possessed neither the knowledge, nor expertise to invest there, which is why i'm here.

Is that two year tracker open to new customers? If so, where please? Thank you

Click on 'show previous quotes'.

refluxer

Here's a curious one.... I opened a Barclays Rainy Day Saver account yesterday afternoon and funded it immediately with £5k.

Barclays tend to pay interest on some of their accounts on the 1st so, this morning, I noticed it had earned £2.05 interest.

£5k @ 5% for 1 day = 68p... but even if yesterday and today counted as 2 days, it would only be £1.37 ! Instead, it appears to have earned 3 days' interest in less than 24 hours

It's also just occurred to me that interest will have to be skimmed off into a higher-paying account to avoid the 0.15% rate for balances >£5k.

soulsaver

Cambridge BS has made the 2.1% Your Saver 'temporarily' NLA.
Our Your Saver Account is Temporarily Unavailable (cambridgebs.co.uk)

"We appreciate your patience and sincerely hope you will visit us again on Monday afternoon when the account will be available for new applications."

ETA available again.

Nick_C

ForumUser7 said:

Freebird53 said:

Nick_C said:

YBS often has competitive savings products.  

Do you know of any other account where you can put £5k and get 2.5% interest with access to your money should you need it?

And if you do join YBS and maintain an account with them (you only need to lend them a pound), then a year from now you may be able to stick half a million in something like their Loyalty Six account.

In the meantime, you could stick quarter of a million in the Family Building Society's two year tracker which is currently paying 3.1% with a monthly interest option.

But most people with substantial savings invest their money.  Whatever savings account you open, your money is guaranteed to lose value.

Surely the financial lanscape will be significantly different in six months, let alone a year?

I can see a 2yr tracker currently @ 2.6%. Does seem interesting though.

Perhaps most would, but unfortunately after much reading, i decided i possessed neither the knowledge, nor expertise to invest there, which is why i'm here.

Is that two year tracker open to new customers? If so, where please? Thank you

The FBS tracker is now 3.1pc - as of today.  I expect the Web site will be updated on Monday.

https://www.moneysavingexpert.com/news/2022/09/family-bs-base-rate/

https://www.familybuildingsociety.co.uk/savings/bonds/product-detail/2-year-tracker-rate-bond-(11)