The Top Easy Access Savings Discussion Area

Molehusband

jimexbox said:

Molehusband said:

wiseonesomeofthetime said:

MrFrugalFever said:

I went back a few pages but obviously not far enough, the thread was diluted with comments unrelated to interest rates.

I agree that this thread, and a few others, have lost the discipline that supports an easy follow of interest rate movements and discussion.

Too much chat around account opening issues with various providers also tends to dominate and hide genuine useful information.

I totally agree that this thread has seriously deteriorated in the last few months. This thread is supposed to be about:
The Top Easy Access Savings...
which I understand refers to best interest rates. However, it seems to me the majority of posts are not related to this in the sense they don't refer at all to interest rates (good, bad, indifferent) offered by financial institutions. Instead, they focus on operating specific accounts
eg we get very lengthy discussions about:
- how long do withdrawals take,
- how their password system works and what characters can be used,
- can't send deposit because "reference" is too long
I believe most of these matters should be taken up with the savings provider and resolved by them.

One of the consequences is that my inbox is saturated with email (up to around 100 emails a day) which I find very difficult to cope with.

A potential solution for me was my request fewer email notifications. In August I started thread:

Email notifications of forum posts
(https://forums.moneysavingexpert.com/discussion/6382416/email-notifications-of-forum-posts#latest)
but, as far as I'm aware, no action has yet been taken by MSE.

So nobody can't discuss anything related to specific easy access accounts because of your inbox?

Ok. 

It's not just my saturated inbox, it's also having to plough through lots of posts such as:
- how long do withdrawals take,
- how their password system works and what characters can be used,
- can't send deposit because "reference" is too long
without the posters apparently having first bothered to check with the provider.

orange-juice

Molehusband said:

jimexbox said:

Molehusband said:

wiseonesomeofthetime said:

MrFrugalFever said:

I went back a few pages but obviously not far enough, the thread was diluted with comments unrelated to interest rates.

I agree that this thread, and a few others, have lost the discipline that supports an easy follow of interest rate movements and discussion.

Too much chat around account opening issues with various providers also tends to dominate and hide genuine useful information.

I totally agree that this thread has seriously deteriorated in the last few months. This thread is supposed to be about:
The Top Easy Access Savings...
which I understand refers to best interest rates. However, it seems to me the majority of posts are not related to this in the sense they don't refer at all to interest rates (good, bad, indifferent) offered by financial institutions. Instead, they focus on operating specific accounts
eg we get very lengthy discussions about:
- how long do withdrawals take,
- how their password system works and what characters can be used,
- can't send deposit because "reference" is too long
I believe most of these matters should be taken up with the savings provider and resolved by them.

One of the consequences is that my inbox is saturated with email (up to around 100 emails a day) which I find very difficult to cope with.

A potential solution for me was my request fewer email notifications. In August I started thread:

Email notifications of forum posts
(https://forums.moneysavingexpert.com/discussion/6382416/email-notifications-of-forum-posts#latest)
but, as far as I'm aware, no action has yet been taken by MSE.

So nobody can't discuss anything related to specific easy access accounts because of your inbox?

Ok. 

It's not just my saturated inbox, it's also my having to plough through lots of posts such as:
- how long do withdrawals take,
- how their password system works and what characters can be used,
- can't send deposit because "reference" is too long
without apparently first bothering to check with the provider.

You want to subscribe to this thread instead - https://forums.moneysavingexpert.com/discussion/6392978/top-easy-access-acs-ranked-top-of-the-pots-no-chat/p2

kaMelo

To be fair,  the reference given by Gatehouse upon opening is way too long, only once you've logged in can you see another reference of the correct length.

Unless someone tells you this you're going to struggle using the long reference.

jimexbox

Molehusband said:

jimexbox said:

Molehusband said:

wiseonesomeofthetime said:

MrFrugalFever said:

I went back a few pages but obviously not far enough, the thread was diluted with comments unrelated to interest rates.

I agree that this thread, and a few others, have lost the discipline that supports an easy follow of interest rate movements and discussion.

Too much chat around account opening issues with various providers also tends to dominate and hide genuine useful information.

I totally agree that this thread has seriously deteriorated in the last few months. This thread is supposed to be about:
The Top Easy Access Savings...
which I understand refers to best interest rates. However, it seems to me the majority of posts are not related to this in the sense they don't refer at all to interest rates (good, bad, indifferent) offered by financial institutions. Instead, they focus on operating specific accounts
eg we get very lengthy discussions about:
- how long do withdrawals take,
- how their password system works and what characters can be used,
- can't send deposit because "reference" is too long
I believe most of these matters should be taken up with the savings provider and resolved by them.

One of the consequences is that my inbox is saturated with email (up to around 100 emails a day) which I find very difficult to cope with.

A potential solution for me was my request fewer email notifications. In August I started thread:

Email notifications of forum posts
(https://forums.moneysavingexpert.com/discussion/6382416/email-notifications-of-forum-posts#latest)
but, as far as I'm aware, no action has yet been taken by MSE.

So nobody can't discuss anything related to specific easy access accounts because of your inbox?

Ok. 

It's not just my saturated inbox, it's also because people raise topics such as
- how long do withdrawals take,
- how their password system works and what characters can be used,
- can't send deposit because "reference" is too long
without apparently first bothering to check with the provider.

Have you tried to contact a bank who's just released a top rate savings account? Don't waste your time. If someone has experience with an institution, and can offer assistance to anyone possibly depositing 10's of thousands of pounds, I don't see an issue. 

There is a no chat thread for rate changes. 

Bigwheels1111

kaMelo said:

To be fair,  the reference given by Gatehouse upon opening is way too long, only once you've logged in can you see another reference of the correct length.

Unless someone tells you this you're going to struggle using the long reference.

How is it a struggle, you enter it into payment box and pay.
The next time it’s in the box ready, we’ll on all 5 banks I use it is.
Paid once and it remembers it.

isasmurf

jimexbox said:

Molehusband said:

wiseonesomeofthetime said:

MrFrugalFever said:

I went back a few pages but obviously not far enough, the thread was diluted with comments unrelated to interest rates.

I agree that this thread, and a few others, have lost the discipline that supports an easy follow of interest rate movements and discussion.

Too much chat around account opening issues with various providers also tends to dominate and hide genuine useful information.

I totally agree that this thread has seriously deteriorated in the last few months. This thread is supposed to be about:
The Top Easy Access Savings...
which I understand refers to best interest rates. However, it seems to me the majority of posts are not related to this in the sense they don't refer at all to interest rates (good, bad, indifferent) offered by financial institutions. Instead, they focus on operating specific accounts
eg we get very lengthy discussions about:
- how long do withdrawals take,
- how their password system works and what characters can be used,
- can't send deposit because "reference" is too long
I believe most of these matters should be taken up with the savings provider and resolved by them.

One of the consequences is that my inbox is saturated with email (up to around 100 emails a day) which I find very difficult to cope with.

A potential solution for me was my request fewer email notifications. In August I started thread:

Email notifications of forum posts
(https://forums.moneysavingexpert.com/discussion/6382416/email-notifications-of-forum-posts#latest)
but, as far as I'm aware, no action has yet been taken by MSE.

So nobody can't discuss anything related to specific easy access accounts because of your inbox?

Ok. 

Of course you can. The question, and where there is a difference of opinions, is whether this is the correct thread to do so.

When I was a board guide for this board the etiquette was to discuss many of the things that are discussed in this thread now in a dedicated thread for the account/bank.

alternate

I don't get any email notifications. You can totally turn that stuff off.

Also, there are almost as many Off Topic posts complaining about OT posts, as there are actual OT posts.

If you just want the rates go to the summary page or Moneyfacts.

gt94sss2

mebu60 said:

Daliah said:

ASL1 said:

Typical I just transferred from Al Rayan to Santander a couple of days ago.

What is the best way to transfer from Santander back to Al Rayan? Is there a daily limit can you transfer directly from one to the other? Or do you need to send it to your current account first?

Would it be easier to just close the Santander account? As I picked yearly interest payments?

You'll just be limited by Santander's FP limit - £25k/day. If you want to send more, phone and Branch do up to £100k.

I make my transfers via my Santander current account, because I have my Al Rayan payee on that account. Less hassle than setting up a new payee on the esaver, but you could do that if you wanted to.

I wouldn't close the esaver if I were you because you can't get a 2.72/2.75% account at Santander atm. If you were happy before with annual interest, you should still be happy with it now? Just keep a record that you still have the Santander account

I am able to do £100k FPS in a 24 hour period on each of my Santander current accounts (Everyday and 123 Lite). Max single payment £20k (not tried to do more for quite some time, could have increased). I never do two amounts exactly the same in any batch of payments just in case one goes astray. You can make >1 payment to the same payee.

Santander let you do up to £25k per payment via their app. As you say, its limited to £100k in total over a 24 hour period

Helpful to learn that limit is per current account though!

Freebird53

I personally like the discourse. Theres is a specific thread by a chap called soulsaver detailing the best interest rates.

I find the chat reveals more about the accounts than just the interest rate.

Each to their own.

km1500

as previously suggested, subscribe to the nochat version of this thread.