The Top Easy Access Savings Discussion Area

Aidanmc

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. 

It varies a bit, but i think generally if you make request in the morning of a working day it will arrive same day.

Made a withdrawal at 8.30am and in my account at around 1pm

janusd

Masetw said:

Stevo_safc said:

Is transferring from Zopa to Al Rayan a smooth process?

Just moved over my money but Zopa would only allow me to withdraw to my verified account so had to move back to my Halifax Current account then into Al Rayan..... All very smooth, money went in within 10-20 mins. Al Rayan get the thumbs up from me so far. App is a little tricky but other than that all good

you can have multiple linked accounts with Zopa... you'd just have to upload a statement of the relative bank account and then wait for it to be approved... probably too much hassle in your case yesterday, but worth remembering for possible future use.

bettz

I've currently got 20k in Chase was hoping they'd up there rate but looking at what's available Al Rayan are currently the best easy access that pay monthly? 

janusd

bettz said:

I've currently got 20k in Chase was hoping they'd up there rate but looking at what's available Al Rayan are currently the best easy access that pay monthly? 

yes - though any of the entries from soulsaver's list would beat Chase by far now.

another option might be to split the balance and put £5k in a Yorkshire BS Rainy Day account @ 2.5%

whatleytom87

Looks like Cynergy are upping their Instant Access to 2.12% today. 

mebu60

whatleytom87 said:

Looks like Cynergy are upping their Instant Access to 2.12% today. 

That's because I took my 1.85% funds elsewhere yesterday! Have left the minimum £1 though.

Upping Issue 53 to 2.12% or is this a new Issue? 

Nick_C

janusdesign said:

bettz said:

I've currently got 20k in Chase was hoping they'd up there rate but looking at what's available Al Rayan are currently the best easy access that pay monthly? 

yes - though any of the entries from soulsaver's list would beat Chase by far now.

another option might be to split the balance and put £5k in a Yorkshire BS Rainy Day account @ 2.5%

Personally, I think its worth opening a Barclays account specially for the 5% on £5000.  You just need a couple of small direct debits to make it work.  

ETA - even if you were to pay Barclays their £5 a month fee (which is easily avoided), the return would still be 3.8%.

whatleytom87

mebu60 said:

whatleytom87 said:

Looks like Cynergy are upping their Instant Access to 2.12% today. 

That's because I took my 1.85% funds elsewhere yesterday! Have left the minimum £1 though.

Upping Issue 53 to 2.12% or is this a new Issue? 

Issue 53 being upped to 2.12%

Noneforit999

whatleytom87 said:

mebu60 said:

whatleytom87 said:

Looks like Cynergy are upping their Instant Access to 2.12% today. 

That's because I took my 1.85% funds elsewhere yesterday! Have left the minimum £1 though.

Upping Issue 53 to 2.12% or is this a new Issue? 

Issue 53 being upped to 2.12%

Where are you seeing that? Website still says 1.85%

whatleytom87

Just got an email through, guessing they're contacting customers ahead of time and will be on the site later?