The Top Easy Access Savings Discussion Area

Band7

wmb194 said:

intalex said:

Do HSBC allow opening of 2 of these accounts? Just an idea, but could be a way to keep earning 3% with the ability to withdraw what you need once a month on the 1st of the month (immediately emptying the rest of the 1st account to the 2nd account, and vice versa next month).

What do the T&Cs say?

"If you already have an Online Bonus Saver, you can’t apply for another."

https://www.hsbc.co.uk/savings/products/online-bonus-saver/

You can close (via chat) one OBS on the 1st and open another one on the 2nd. You get an entirely different account number for the new one. It is likely but remains tbc that you get the 3% on the new one. It's still a faff, and more like a Notice account rather than an easy access one.

southone

Aldermore  Double Access Account Up to 3.00% AER*

intalex

Northern_Mum said:

Skipton Building Society are increasing rates from Monday 14th, e.g. Cash eISA Saver currently 2.1% will be 2.75%, and Easy Access Saver currently 1.9% will be 2.65%.

https://www.skipton.co.uk/-/media/skipton-co-uk/pdf/savings/Changes-to-Variable-Accounts.ashx

Interestingly, there seems to be a slight general shift in promoting ISA funds over non-ISA funds

ColdIron

southone said:

Aldermore  Double Access Account Up to 3.00% AER*

And Easy Access to 2.75%. I shall be moving my Santander eSaver (slowly) as I have a niggling worry regarding access to my savings with them

pearl123

southone said:

Aldermore  Double Access Account Up to 3.00% AER*

Good that might nudge other providers to up their rates. 

soulsaver

Aldermore - the bundle:

Following the latest increase in the Bank of England Base Rate, we’ve made some further increases to our variable rate savings products with effect from Friday 11 November. The new rates are shown below:

• All issues of the Easy Access Account have increased to 2.75% AER*
• All issues of the 30 Day Notice Account have increased to 2.80% AER*
• The 45 Day Notice Account has increased to 2.85% AER*
• All issues of the 60 Day Notice Account have increased to 2.85% AER*
• All issues of the 90 Day Notice Account have increased to 2.90% AER*
• All issues of the 120 Day Notice Account have increased to 2.95% AER*
• All issues of the 30 Day Notice Cash ISA have increased to 2.80% AER*
• All issues of the 60 Day Notice Cash ISA have increased to 2.85% AER*
• The Double Access Account has increased to 3.00% AER*
• All issues of the Easy Access Help to Buy: ISA have increased to 2.75% AER*

Well done Aldermore .

soulsaver

So Aldermore breaks the 3.00% EA barrier - wrestles intoTop Spot on Top of The Pots and has got Al Rayan sandwiched, holding position 3 at 2.75% as well. (see above post). 
 

Swipe

intalex said:

Do HSBC allow opening of 2 of these accounts? Just an idea, but could be a way to keep earning 3% with the ability to withdraw what you need once a month on the 1st of the month (immediately emptying the rest of the 1st account to the 2nd account, and vice versa next month).

I've have two of them for quite a few years with just few pounds in, but since the rate hike they are both now topped to the brim with £10K. I have other easy access accounts I can withdraw from penalty free if required. I think I got a letter a couple of years ago saying they would be closed but obviously that never happened.

searching4bestrates

ColdIron said:

southone said:

Aldermore  Double Access Account Up to 3.00% AER*

And Easy Access to 2.75%. I shall be moving my Santander eSaver (slowly) as I have a niggling worry regarding access to my savings with them

I found Santander and their eSaver to be a disaster when trying to access my money.

After numerous blocked withdrawals and countless hours on hold to speak to someone to discuss the block and permit transfer, I have recently finally managed to all get my savings back out of them and have now requested the account be closed.

I'll never go near Santander again. It was a great rate (at the time) but horrific in every other way (in my opinion). I'm glad there are now alternatives with the same/better rates.

chris_the_bee

searching4bestrates said:

ColdIron said:

southone said:

Aldermore  Double Access Account Up to 3.00% AER*

And Easy Access to 2.75%. I shall be moving my Santander eSaver (slowly) as I have a niggling worry regarding access to my savings with them

I found Santander and their eSaver to be a disaster when trying to access my money.

After numerous blocked withdrawals and countless hours on hold to speak to someone to discuss the block and permit transfer, I have recently finally managed to all get my savings back out of them and have now requested the account be closed.

I'll never go near Santander again. It was a great rate (at the time) but horrific in every other way (in my opinion). I'm glad there are now alternatives with the same/better rates.

Works perfectly if you always withdraw to your nominated account. Bit of a pain but avoids their blocks.