The Top Easy Access Savings Discussion Area

Stevo_safc

The mimimum opening amount for Al Rayan is £5k, if I then reduce the balance to less than £5k what would happen? Would I not generate any interest?

chris_the_bee

pearl123 said:

Shawbrook now need to up it's easy saver to match the  competition. It's no good stuck at 1.81%. Marcus is just hopeless.

Shawbrook Issue 30 is 1.81%, but Issue 29 is still 1.86%. Still not good.

ZeroSum

refluxer said:

Rollinghome said:

 i see your point.  No surprise they had to close down their current account business.  Must be tough working for a company with such useless management.

To be fair to Tesco Bank, their customer support was excellent. When I phoned them to finally close both my accounts, I got through to a human without a wait and they dealt with it quickly and efficiently - the final balances (including interest) were transferred and showing in my current account before I put the phone down.

I had an issue with the clubcard pay + account, and found them dreadful
Fobbed me off with lies & misinformation. Took a week & several phone calls to get sorted.

Steve_xx

Stevo_safc said:

The mimimum opening amount for Al Rayan is £5k, if I then reduce the balance to less than £5k what would happen? Would I not generate any interest?

It is a minimum opening deposit,  not a balance requirement. If the balance dips below 5k you would not gain any interest,  but you would gain profit, currently at 2.35%!

soulsaver

Bridlington1 said:

Principality Online Double Access Issue 2 is now at 2%.

Added into ToTP, thanks  
That makes it possible to get 2.00% or above in all of the Top 10 ToTP listed accounts. 

mebu60

chris_the_bee said:

pearl123 said:

Shawbrook now need to up it's easy saver to match the  competition. It's no good stuck at 1.81%. Marcus is just hopeless.

Shawbrook Issue 30 is 1.81%, but Issue 29 is still 1.86%. Still not good.

I took their 1 Year Bond at 4.0% last week but my EA Issue 29 1.86% sits with just the £1k now. Marcus 1.8% had £33.99 last time I looked. More people need to move their funds out to encourage these providers to up their game. 

fly-catchers

Virgin M plus saver now 2.02% AER  up to £25000. And 1.51% AER there after..

Masetw

Does anyone know how long it takes to transfer out of Al Rayan? Moved my money there yesterday and all went through to them within 10-20mins I done a £1 test withdrawal around 2 and half hours ago and still not arrived in my account. 

TomDolan

Masetw said:

Does anyone know how long it takes to transfer out of Al Rayan? Moved my money there yesterday and all went through to them within 10-20mins I done a £1 test withdrawal around 2 and half hours ago and still not arrived in my account. 

when i did my test withdrawal in the morning, it arrived at 4pm same day

janusd

Masetw said:

Does anyone know how long it takes to transfer out of Al Rayan? Moved my money there yesterday and all went through to them within 10-20mins I done a £1 test withdrawal around 2 and half hours ago and still not arrived in my account. 

I withdrew last month's profits from them yesterday - the amount was just less than their notification limit, so i've got no record of when I started the transfer, but I think it took about 20 mins for it to hit my nominated account.