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The Top Easy Access Savings Discussion Area

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Comments

  • Sg28
    Sg28 Posts: 451 Forumite
    Third Anniversary 100 Posts Name Dropper
    I would say hold fire on Zopa.  They didn't increase straight away after the last base rate increase, it was the week after. So I'd expect there might be some movement there this week.
    They have 4 days... until my boosted pot matures.
    Ex Sg27 (long forgotten log in details)

    Massive thank you to those on the long since defunct Matched Betting board.
  • wiseonesomeofthetime
    wiseonesomeofthetime Posts: 2,550 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 3 October 2022 at 10:41AM
    Sg28 said:
    I would say hold fire on Zopa.  They didn't increase straight away after the last base rate increase, it was the week after. So I'd expect there might be some movement there this week.
    They have 4 days... until my boosted pot matures.
    It was the maturity of the 95 day boosted pots that prompted my actions tbf.

    Meanwhile, Gatehouse still silent on their easy access account.



    I wonder what is going on 🤔

    App still showing 2.00% and no "leak" on Moneyfacts on any possible rate change.
  • NedS
    NedS Posts: 4,818 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    Just opened the Barclays Rainy Day Saver at 5%. Quite happy to take the £250/year interest on our emergency fund cash. It was easy to reactivate Blue Rewards as I already met the requirements (had previously disabled it when they stopped the reward payments) and had an account opened within 5 minutes. Much better than a regular saver as I can stuff the full £5k in on day one, and no limit or loss of interest on withdraws. Perfect for me and a better home than the Club Lloyds account where it was earning a pittance.
    Our green credentials: 12kW Samsung ASHP for heating, 7.2kWp Solar (South facing), Tesla Powerwall 3 (13.5kWh), Net exporter
  • Latest best acct is Charter Savings 2.25 with opening balance 5000 as many withdrawals as you like👍
  • wiseonesomeofthetime
    wiseonesomeofthetime Posts: 2,550 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 3 October 2022 at 11:02AM
    NedS said:
    Just opened the Barclays Rainy Day Saver at 5%. Quite happy to take the £250/year interest on our emergency fund cash. It was easy to reactivate Blue Rewards as I already met the requirements (had previously disabled it when they stopped the reward payments) and had an account opened within 5 minutes. Much better than a regular saver as I can stuff the full £5k in on day one, and no limit or loss of interest on withdraws. Perfect for me and a better home than the Club Lloyds account where it was earning a pittance.
    Does that mean that your first Blue Rewards account fee will be taken on second working day of November, if I have read T&C correctly?

    Do you have two DD paying out this month so you will get your fiver back next month to nullify that fee?
  • Latest best acct is Charter Savings 2.25 with opening balance 5000 as many withdrawals as you like👍
    I thought 2.35% was higher than 2.25%, as offered by Al Rayan.
  • NedS
    NedS Posts: 4,818 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    edited 3 October 2022 at 11:10AM
    NedS said:
    Just opened the Barclays Rainy Day Saver at 5%. Quite happy to take the £250/year interest on our emergency fund cash. It was easy to reactivate Blue Rewards as I already met the requirements (had previously disabled it when they stopped the reward payments) and had an account opened within 5 minutes. Much better than a regular saver as I can stuff the full £5k in on day one, and no limit or loss of interest on withdraws. Perfect for me and a better home than the Club Lloyds account where it was earning a pittance.
    Does that mean that your first Blue Rewards account fee will be taken on second working day of November, if I have read T&C correctly?

    Do you have two DD paying out this month so you will get your fiver back next month to nullify that fee?
    Yes, That's my understanding. Because Blue Rewards was activated today, the first £5 fee will be taken at the start of next month (November). Meeting the conditions of 2 direct debits and £800 being paid into the account during the month qualifies for the £5 fee to be refunded, so no net charge.
    Obviously this may be less attractive to those who do not have a Barclays bank account, or do not have the requisite 2 direct debits available, but I already had these in place from participation in previous Blue Rewards offers.

    Our green credentials: 12kW Samsung ASHP for heating, 7.2kWp Solar (South facing), Tesla Powerwall 3 (13.5kWh), Net exporter
  • Well I am happy with a bank I trust. Don't want Sharia acct. Thanks
  • Daliah
    Daliah Posts: 3,792 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    edited 3 October 2022 at 12:28PM
    Well I am happy with a bank I trust. Don't want Sharia acct. Thanks
    Why don't you trust them?

    The Sharia accounts are as save as any other account as they have the same FSCS protection as others do. They just generally give you better returns than non-Shariah accounts.  
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