The Top Easy Access Savings Discussion Area

soulsaver

Tesco gains a spot again, 2.06% if/when it enables applications on its site. Thnx @Kazza242.

Cynergy gets handed the Top Spot in ToTP:  

Former table topper Santander dumps itself out of the ToTP Top10 after just days, closing its 2.75% Esaver ac to new applicants & replacing it with Iss2 at 2.00%. 

Top ranked Easy Access accounts listed here or click below in my signature.

oz0707

PlatinumChaos said:

Thanks both for your comments. It was indeed AR, just to confirm that it was me trying to transfer the money, and only because it was a fairly large amount. Still, I could've done without the half-hour wait on the phone though.

Also you should try to call them back off another line. If on a landline scammers cab make it appear you've called them back when they've stayed on the line

wiseonesomeofthetime

Trynsave2 said:

Looks like Santander's rate has been dropped to 2% for new applications 

Clearly doesn't want any more funds then, as Issue 2 has even dropped behind Chase (wef 24/10) now 🤷‍♂️

And Tesco Bank, looking at a recent post above.

Masetw

Sorry if this has been answered before but I am moving all my Al Rayan funds out... do I need to keep the 5k minimum to receive the interest or if I clear it out now will I still get it?

Nick_C

Just to follow up on my comments yesterday about Barclays Blue Rewards.

I had an email from Barclays to say I had not funded my account with £800, even though I had sent in £5000 by faster payment.

I called Barclays and was told that only regular payments from salary or pension or standing orders counted.  The T&Cs seem to confirm this.

Barclays do distinguish between the two types of payments.

My initial faster payments show in Barclays online banking as Transaction Type "Counter Credit" with "BGC" appended to the reference. 

I set up two standing orders yesterday to pay today, and these are showing as Transaction Type "Standing Order" with "STO" appended to the reference.

Anyone else who has joined Barclays Blue Rewards this month to take advantage of the Rainy Day Saver, make sure you fund your current account by Standing Order and not Faster Payment.

kaMelo

Whoever told you that is talking nonsense, I've had blue rewards for more than three years and only ever funded it with a faster payment. Always received the cashback including this month's £5.

Just reading the terms there ia absolutely no reference to what type of payments count,  only a list of what is excluded and nowhere is the term faster payment used.

cwep2

Masetw said:

Sorry if this has been answered before but I am moving all my Al Rayan funds out... do I need to keep the 5k minimum to receive the interest or if I clear it out now will I still get it?

I believe below 5k you won’t get any ‘profit’ (equivalent to interest). Account will stay open though in case they raise rates to become too payer again easier to add to an account with £1 in than apply all over again. Basically no reason to leave anything between £1 and £4,999 in there. 

You should still get some profit for the days of the month where the balance was above 5k but I’m not sure of the exact T&Cs. I’d be tempted to leave 5k in until end of month just in case and leave just £1 on 2nd Nov. 

tg99

Nick_C said:

Just to follow up on my comments yesterday about Barclays Blue Rewards.

I had an email from Barclays to say I had not funded my account with £800, even though I had sent in £5000 by faster payment.

I called Barclays and was told that only regular payments from salary or pension or standing orders counted.  The T&Cs seem to confirm this.

Barclays do distinguish between the two types of payments.

My initial faster payments show in Barclays online banking as Transaction Type "Counter Credit" with "BGC" appended to the reference. 

I set up two standing orders yesterday to pay today, and these are showing as Transaction Type "Standing Order" with "STO" appended to the reference.

Anyone else who has joined Barclays Blue Rewards this month to take advantage of the Rainy Day Saver, make sure you fund your current account by Standing Order and not Faster Payment.

I had same email but the terms and conditions don’t specify that ‘only’ those types of payments qualify.

soulsaver

Nick_C said:

Just to follow up on my comments yesterday about Barclays Blue Rewards.

I had an email from Barclays to say I had not funded my account with £800, even though I had sent in £5000 by faster payment.

I called Barclays and was told that only regular payments from salary or pension or standing orders counted.  The T&Cs seem to confirm this.

Barclays do distinguish between the two types of payments.

My initial faster payments show in Barclays online banking as Transaction Type "Counter Credit" with "BGC" appended to the reference. 

I set up two standing orders yesterday to pay today, and these are showing as Transaction Type "Standing Order" with "STO" appended to the reference.

Anyone else who has joined Barclays Blue Rewards this month to take advantage of the Rainy Day Saver, make sure you fund your current account by Standing Order and not Faster Payment.

Nothing in the terms exclude FPs in from an external bank from qualifying.

TomDolan

just a quick question on Al Rayan saver, I set up a new payee on the account yesterday morning, but it hasn't appeared in the payees list, looking at the faqs it says it needs to be verified and will be communicated by text/email/phone.

does anyone know how long does this take ?