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The Top Easy Access Savings Discussion Area

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  • soulsaver
    soulsaver Posts: 6,736 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 1 November 2022 at 9:09PM
    soulsaver said:

     "That Marcus account should be slotted in at number 3 only for the fact you get instant access to your cash, and we all like that."

    Just to say although Marcus is 'instant'; if you make a withdrawal after 23:00 you have to wait until 00:01 for it to go through.

    Santander,  I have not tried to withdraw any money from them, other when I did a test withdrawal a couple of weeks ago soon after I opened the account.  The withdrawal worked without problem (it was only for about £10 !)


    You've edited that quote and, probably unintentionally, made it look like I said that. It wasn't me - I was quoting someone else's view..

     
  • baldeagle09
    baldeagle09 Posts: 141 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    edited 1 November 2022 at 9:39PM
    No mention of Al Rayan bank paying 2.81% on Martin's tv show?
    Almost as if sharia accounts were personae non gratae.

  • Mobtr
    Mobtr Posts: 672 Forumite
    500 Posts Second Anniversary Name Dropper
    Think I might be being a bit dense here but I have a YBS internet saver plus v11 savings account. I don’t look at it much, just add money in every now & again.
    On the last BoE rate rise I could have sworn the interest rate went up to 2.05% but when I checked it tonight, it’s 2.3%. 
    When did this change? It was a very pleasant surprise 
  • Can a newbie ask a couple of questions please

    Do you accrue interest up to the moment you make a withdrawal?
    Do you start accruing interest at the moment you make a deposit?
  • happybagger
    happybagger Posts: 1,074 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Combo Breaker
    Mobtr said: 
    When did this change? It was a very pleasant surprise 
    27 October. It's in their closed issue list
  • Band7
    Band7 Posts: 2,285 Forumite
    1,000 Posts Name Dropper

    Do you accrue interest up to the moment you make a withdrawal?

    Yes


    Do you start accruing interest at the moment you make a deposit?
    You get interest from the day the money gets credited to your account. Often this happens on the day you send a bank transfer or deposit money by debit card where this is offered as a deposit method. In some accounts, deposits made on non-working days, or after a daily cut-off time will only be credited on the next working day. Deposits by cheque can take longer. The crediting rules are usually detailed in the T&Cs.


  • Herbalus said:
    SMASTOR said:
    Tandem Bank seem to want too much information IMO. Started to open a 1year saver with them, they took all the ID stuff address, DoB etc, then said now we need bank account details. Then they wanted Ac No, Sort Code, Ac Name - all standard - but then they wanted access granted to get these details and BALANCE info for 90 DAYS!!!

    If I knew that at the beginning I never would have applied, or given any details. It seems super shady and I'm a little disappointed that it's one MSE recommends and has the asterisk * beside  :#

    Currently arguing with them about a GDPR removal of the information they got already. Haha.
    Is this just to set up an open banking connection? I have tandem, and there are 2 ways to fund, either by sending a faster payment or by linking a bank account via open banking. They can also verify a bank account to link to it via open banking (you can only send a faster payment from a linked/verified account).

    when setting up my open banking link, it requires basic information to be shared from that bank account, but for me the options to share balance and transaction history was entirely optional and toggled off by default. So perhaps worth another check?
    That's interesting. I may be mistaken and there could have been an option to deselect the sharing of balance information. Unfortunately I'm not in a position to check now :) Perhaps someone else who opens a new 1 year bond account could let us know. 

    I only posted here to help others out, so if I've got it wrong please let me know. Thanks
  • CooperSF said:
    Does Gatehouse pay out profit for monthly easy access savers on the first of every month?

    I think so, got mine first thing this morning.
    But what date in the month did you open it? Was it the 1st, or perhaps very late in the month?
  • soulsaver
    soulsaver Posts: 6,736 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 2 November 2022 at 1:09PM
    Link showing latest rate now available.

    Added to the ToTP. Thanks to the OP. (apologies lost track).
    Secure Trust Bank 2.25% wef 01/11 £1k min Savings accounts - Secure Trust Bank
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