The Top Easy Access Savings Discussion Area

Bigwheels1111

Freedommm said:

Applied to open Santander ESaver Limited Edition account 2.75% on 13th October.  Also applied to open Al Rayan account on 27th October.
Now, waiting for both. Is it becoming the norm in UK to wait for many weeks to open a savings account?

No it’s not the norm, with Al Rayan I got stuck on section 4 of the application.
Called them at 9am the next day.
By 9.10am account was open and I had my sort code and account number.
Went onto the app and used the second option, account number login.

Santander, Said open within 3 days.
Looked at emails and first said 3 days next 2 said account open.
So 1 minute to open.
Over a week for pass codes to get online access.

Just call them.

t1redmonkey

Freedommm said:

Applied to open Santander ESaver Limited Edition account 2.75% on 13th October.  Also applied to open Al Rayan account on 27th October.
Now, waiting for both. Is it becoming the norm in UK to wait for many weeks to open a savings account?

If this has happened twice in a row, it might be they can't verify you electronically perhaps.  Maybe some of the info you entered during the applications doesn't match what's coming back on their ID checks.

torchie

Freedommm said:

Applied to open Santander ESaver Limited Edition account 2.75% on 13th October.  Also applied to open Al Rayan account on 27th October.
Now, waiting for both. Is it becoming the norm in UK to wait for many weeks to open a savings account?

Fortunately for me, my account was approved in less than one hour and as I already use their app I didn’t have to wait for anything else so was fully up and running very quickly.

soulsaver

Top (10 ish) Of The Pots.. BoE base rate +0.75 =3.00% (03/11)

Updated at 03/11/2022 c.12.00hrs -

flobbalobbalob

Freedommm said:

Applied to open Santander ESaver Limited Edition account 2.75% on 13th October.  Also applied to open Al Rayan account on 27th October.
Now, waiting for both. Is it becoming the norm in UK to wait for many weeks to open a savings account?

Applied for Santander 11 Oct, Ford Money 19 Oct. Sent ID by post immediately. Still waiting for both. I'm not going to waste my time phoning them.

soulsaver

 Appears No Longer Available 03/11 :
Coventry 2.25% (28/10) Limited Access Saver (Online) (6) (coventrybuildingsociety.co.uk) 

MrFrugalFever

be interesting to see who is off the blocks first with rate rises.

I see the Sainsbury's Defined Access Saver Issue 33 has been removed 

soulsaver

MrFrugalFever said:

be interesting to see who is off the blocks first with rate rises.

I see the Sainsbury's Defined Access Saver Issue 33 has been removed 

Went NLA 28/10. 

jak22

There will be surely be many announcements soon  - so it really helps this thread to avoid chat posts about what people think might happen, what people are thinking of doing, etc. On the fixed thread then it does matter what might happen in the future but for easy access what to do is much simpler as rates change.

MrFrugalFever

soulsaver said:

MrFrugalFever said:

be interesting to see who is off the blocks first with rate rises.

I see the Sainsbury's Defined Access Saver Issue 33 has been removed 

Went NLA 28/10. 

I opened on 27th so got in just in time then!