The Top Easy Access Savings Discussion Area

nottsphil

Does anybody know what cut-off time Yorkshire Building Society has for calculating interest please? I was planning to open the 2.5% account today but have left it rather late. 

Silverbullet036

chris_the_bee said:

Silverbullet036 said:

Somehow its worked out that I have money with all the 3 top rates today. Tomorrow..who knows ? But its fun watching the merry-go-round

Just wait until the next Base Rate change hits the fan.

Then I can take out another 1 year fix and run down one of the other accounts. Although it seems everything easy access for me atm is 2% or above. Who'd have thought that 6 months ago

I-LOV-MONEY

Hi folks.  I have simple needs, because I like money, I want a lot of it !!

Basically, I have several thousand pounds in a Marcus account.   I know that it is not offering the best rate.  My problem is I don't have time to keep switching accounts from one provider to another.  I would like an account that is easy to open and easy to withdraw money (preferably without notice). 

I remember the 'old days' where you found an account, put your money in and then only went back to it when you needed to make a withdrawal.   However, I expect then the interest rates weren't so volatile, and there weren't so many providers offering accounts.with so many conditions.

So what does the team think (!), am I asking for the moon ?

hgt

I-LOV-MONEY said:

I remember the 'old days' where you found an account, put your money in and then only went back to it when you needed to make a withdrawal.   However, I expect then the interest rates weren't so volatile, and there weren't so many providers offering accounts.with so many conditions.

So what does the team think (!), am I asking for the moon ?

If only the Investec High 5 account was still a thing 🙁 The Family BS have a tracker account, but the rates are not particularly great on that.

Up until recently I would have said Zopa had a good track record of keeping up with rate increases, but not too sure now as they are lagging behind at the moment.

chris_the_bee

I-LOV-MONEY said:

I remember the 'old days' where you found an account, put your money in and then only went back to it when you needed to make a withdrawal.   However, I expect then the interest rates weren't so volatile, and there weren't so many providers offering accounts.with so many conditions.

So what does the team think (!), am I asking for the moon ?

Nationwide Flex Instant Saver is 2.0%, simple to open and operate and no notice withdrawals credit by FPS very quickly. Downside is the account only lasts for a year.

dgpur

I-LOV-MONEY said:

Hi folks.  I have simple needs, because I like money, I want a lot of it !!

Basically, I have several thousand pounds in a Marcus account.   I know that it is not offering the best rate.  My problem is I don't have time to keep switching accounts from one provider to another.  I would like an account that is easy to open and easy to withdraw money (preferably without notice). 

I remember the 'old days' where you found an account, put your money in and then only went back to it when you needed to make a withdrawal.   However, I expect then the interest rates weren't so volatile, and there weren't so many providers offering accounts.with so many conditions.

So what does the team think (!), am I asking for the moon ?

Personally I would go for the M Plus current account from Virgin Money. 2.02% on up to £1000, and no need to transfer any direct debits to it. It has an attached M Plus Saver account that has been pretty good at keeping up with providing good rates after base rate changes. Currently it’s at 2.02% up to £25,000 (1.51% above that). 

I’ve chased after higher rates elsewhere when they’ve become available, but I keep being attracted back to Virgin. It doesn’t hurt that transfers to and from my nominated bank account (Nationwide) are instantaneous. I’ve come to value that more than slightly better rates elsewhere at times. I see that this might appeal to you to. App is easy as pi too use also.

Steve_xx

I-LOV-MONEY said:

Hi folks.  I have simple needs, because I like money, I want a lot of it !!

Basically, I have several thousand pounds in a Marcus account.   I know that it is not offering the best rate.  My problem is I don't have time to keep switching accounts from one provider to another.  I would like an account that is easy to open and easy to withdraw money (preferably without notice). 

I remember the 'old days' where you found an account, put your money in and then only went back to it when you needed to make a withdrawal.   However, I expect then the interest rates weren't so volatile, and there weren't so many providers offering accounts.with so many conditions.

So what does the team think (!), am I asking for the moon ?

Rates are on the move. If you like money then it's in your interest to keep your eye on rates and shift your dosh when appropriate. If you "don't have time" then leave it where it is and be prepared to possibly lose out.

I remember the old days when postage stamps were threepence in old money, but they're not anymore.

I-LOV-MONEY

Steve_xx said:

I remember the old days when postage stamps were threepence in old money, but they're not anymore.

You mean my old penny black stamp is worthless now?

I-LOV-MONEY

dgpur said:

Personally I would go for the M Plus current account from Virgin Money. 2.02% on up to £1000, and no need to transfer any direct debits to it. It has an attached M Plus Saver account that has been pretty good at keeping up with providing good rates after base rate changes. Currently it’s at 2.02% up to £25,000 (1.51% above that).

I did have a look at Virgin, but got confused with M Plus Current,  M Plus Saver both seemingly offering 2.02%, but you could only put £1000 in one?   Are the two identical in other respects?

nottsphil

dgpur said:

I-LOV-MONEY said:

Hi folks.  I have simple needs, because I like money, I want a lot of it !!

Basically, I have several thousand pounds in a Marcus account.   I know that it is not offering the best rate.  My problem is I don't have time to keep switching accounts from one provider to another.  I would like an account that is easy to open and easy to withdraw money (preferably without notice). 

I remember the 'old days' where you found an account, put your money in and then only went back to it when you needed to make a withdrawal.   However, I expect then the interest rates weren't so volatile, and there weren't so many providers offering accounts.with so many conditions.

So what does the team think (!), am I asking for the moon ?

 It doesn’t hurt that transfers to and from my nominated bank account (Nationwide) are instantaneous. I’ve come to value that more than slightly better rates elsewhere at times. I see that this might appeal to you to. App is easy as pi too use also.

Does their Flex Direct account allow £85,000 transfers out in one day? I'm now regretting nominating Bank of Scotland as their maximum daily total of faster payments out of all of your current accounts is just £25,000.