The Top Easy Access Savings Discussion Area

km1500

@soulsaver please could you start a nochat version of this thread and put your table on page 1

soulsaver

Romesh said:

wiseonesomeofthetime said:

Silverbird65 said:

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.

Yes, Al Rayan recently increased their expected profit rate to 2.35% - the best buy tables haven't been updated yet

Our's has...

soulsaver

km1500 said:

@soulsaver please could you start a nochat version of this thread and put your table on page 1

Hi KM. I'm not aware of a 'no chat' option on MSE? I'm happy to be educated. 

If there is a no chat option I'd happily consider it.

In the mean time the table is fixed and maintained on page 700 (unless I find a reason to change it) and the link in my signature takes you directly there. 

refluxer

km1500 said:

@soulsaver please could you start a nochat version of this thread and put your table on page 1

If that new thread wasn't locked, then you would simply get chat there too. If you want a list of the best easy access savings accounts without any discussion, then I would check out comparison likes like Moneyfacts or Savings Champion.

km1500

soulsaver said:

km1500 said:

@soulsaver please could you start a nochat version of this thread and put your table on page 1

Hi KM. I'm not aware of a 'no chat' option on MSE? I'm happy to be educated. 

If there is a no chat option I'd happily consider it.

In the mean time the table is fixed and maintained on page 700 (unless I find a reason to change it) and the link in my signature takes you directly there. 

Hi @soulsaver

There is no particular 'nochat' setting but this is an example of a nochat thread (run by @soolin) - ie just the announcement is made and the chat delegated to another thread:

https://forums.moneysavingexpert.com/discussion/3824175/free-listing-email-alerts-no-chat#latest

You can then subscribe to the nochat version to just get interest rate updates or to the main thread to get everything.

cb2490

Does anyone know how long it takes for payments to show with Yorkshire Building Society? Sent with both Chase and Santander today and neither showing yet.

Daliah

cb2490 said:

Does anyone know how long it takes for payments to show with Yorkshire Building Society? Sent with both Chase and Santander today and neither showing yet.

Probably by close of business today.

If not, the payments are being held for security checks at Chase and Santander

TwiceNightly

NedS said:

wiseonesomeofthetime said:

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.

Unfortunately if you have a Rainy Day Saver it looks like you don't get that £5 fee refund?

I can't post the link as I'm newly registered but the website says:

"You won’t receive a monthly cash reward to your Blue Rewards Wallet for having a Rainy Day Saver account"

Nick_C

Rainy Day saver - so long as you deposit £800 pcm and pay out two DDs, you get the £5 "reward" which offsets the monthly fee.  You benefit from the generous interest rate on the Rainy Day Saver.

Explained upthread ...

https://forums.moneysavingexpert.com/discussion/comment/79520203/#Comment_79520203

kaMelo said:

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.

What it actually says is

• 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.

So yes you will still keep the £5 monthly payment, you just won't receive any extra for having a rainy day saver account.  

Whilst not getting anything from the account I have kept the Blue Rewards switched on so this is a nice surprise. Account is opened in under a minute.

mrmajika

TwiceNightly said:

Unfortunately if you have a Rainy Day Saver it looks like you don't get that £5 fee refund?

I can't post the link as I'm newly registered but the website says:

"You won’t receive a monthly cash reward to your Blue Rewards Wallet for having a Rainy Day Saver account"

I think you may have misunderstood the T&Cs. 

That clause means that having a Rainy Day Saver account is not sufficient to have the Blue Rewards cash reward. That is, you need to meet the other criteria have the monthly cash reward; 2 direct debits and a £800+ credit to the account.

For the avoidance of doubt, having the Rainy Day Saver will not preclude you from the monthly cash reward so long as you meet the criteria to recieve it.