The Top Easy Access Savings Discussion Area

phillw

Wheres_My_Cashback said:

I'll l put money on Al Rayan beating 2.75% within a week now.

Maybe, but they might not be trying to attract customers that are going to jump on every interest rate hike

Wheres_My_Cashback

phillw said:

Wheres_My_Cashback said:

I'll l put money on Al Rayan beating 2.75% within a week now.

Maybe, but they might not be trying to attract customers that are going to jump on every interest rate hike

History tells me that they will as they have consistently been at/equal to the top for the past few years.

andyhicks88

I'll be sticking to Santander now I've opened it. I like to use an app and I like monthly interest, so the Santander option is still best for me compared to Cynergy.

It will be interesting to see how things go from here.  Maybe I was indeed wrong yesterday when i predicted we wouldn't see 3% accounts yet by the end of the year, looks like many banks will have to jump up now to compete again.

soulsaver

Added/updated the ToTP ranked top easy access list here

Cynergy 2.75% EA Iss 53 (13/10) needs app or digipass for online access. Cynergy Bank thnx @intalex  

Tandem 2.05% (13/10) App only  Instant Access Savers (tandem.co.uk) thnx @WillowLea1962

ETA 'iss 53'

Bobblehat

Silverbullet036 said:

Crikey Cynergy only moved to 2.12% on the 5th October , a week later a nice big jump to 2.75%. Glad I didnt drain that account to fund Santander

I drained most of Cynergy for Santander 

Beddie

Wheres_My_Cashback said:

I'll l put money on Al Rayan beating 2.75% within a week now.

That's why I've not bothered with the Santander merry-go-round to chase a few quid, they will soon be around the same.

Sensory

Bobblehat said:

Silverbullet036 said:

Crikey Cynergy only moved to 2.12% on the 5th October , a week later a nice big jump to 2.75%. Glad I didnt drain that account to fund Santander

I drained most of Cynergy for Santander 

That's why Cynergy increased their rates

whatleytom87

Bobblehat said:

Silverbullet036 said:

Crikey Cynergy only moved to 2.12% on the 5th October , a week later a nice big jump to 2.75%. Glad I didnt drain that account to fund Santander

I drained most of Cynergy for Santander 

I can guarantee Santander won’t be increasing your rate, Cynergy have been doing so of late. I think the Santander rate drops to 0.20% after 12 months?

Daliah

whatleytom87 said:

 I think the Santander rate drops to 0.20% after 12 months?

Cross that bridge when you come to it. 12 months is an eternity from now

oz0707

What's annoying me is the constant undercutting of boe rate increases. Ie .5% increase boe and.4% Bank. I know they're not a charity but surely their margin is already built in?

I am going to drain accounts with banks who've been doing this.