The Top Easy Access Savings Discussion Area

patpalloon

plodder73 said:

I also haven’t received any interest yet from Santander esaver, I was expecting it this morning. Do you know if it’s paid into an external bank account or added to the balance on the esaver? Either way I’ve not had it.

Added to the balance.

dali21

Charter is increasing its interest rates on all issues of easy access and notice accounts from 18 November 2022.
I found this on their website.
https://s3-eu-west-1.amazonaws.com/pdf.chartersavingsbank.co.uk/01502_savings_interest_summary.pdf

ForumUser7

Kent Reliance:

Following the recent Bank of England Base Rate increase, the rates on some existing variable savings accounts will increase on 18 November 2022. See below for our latest rates.

https://www.kentreliance.co.uk/interest-rates

Regular Savings Account Issue 9 -> 3.00%

Easy Access Account Issue 51 -> 2.75% (for balances above £1,000)

60 day notice account Issue 39 -> 2.85% (for balances above £1,000)

Demelza children’s savings account Issue 7 -> 3.25% (for balances above £10)

jaypers

Wonder how long until Virgin do something with their M+ savings a/c offering. They used to be up there but the 2.02% is now looking a bit pants! 

oz0707

Not caught up on this thread so apologies if been said already but for those wondering it is the Issue 22 with charter that is going upto 2.75% on the 18th November 

Patr100

So as rates increases look to slow the Guardian suddenly find time to report on Savings - 
but as they list average rates not highest available rates, they aren't as good as we still have been able to find.

https://www.theguardian.com/business/2022/nov/14/easy-access-savings-rates-at-highest-uk-level-since-2009

SJMALBA

oz0707 said:

Not caught up on this thread so apologies if been said already but for those wondering it is the Issue 22 with charter that is going upto 2.75% on the 18th November 

It seems that all issues of Charter's EA accounts are going up to 2.75%

https://s3-eu-west-1.amazonaws.com/pdf.chartersavingsbank.co.uk/01502_savings_interest_summary.pdf

EDIT: as per @dali21's post above.

andyhicks88

jaypers said:

Wonder how long until Virgin do something with their M+ savings a/c offering. They used to be up there but the 2.02% is now looking a bit pants! 

Part of the switch incentive they had at the start of the year was a bonus rate of 5% if you switched. I'm wondering if they haven't upped t so far because they have to honor the fact that higher rate was supposed to be an exclusive reward for switching and not available to everyone.  If so we might see them make changes after about March, which is when I think that particular offer changed again. 

Bridlington1

andyhicks88 said:

jaypers said:

Wonder how long until Virgin do something with their M+ savings a/c offering. They used to be up there but the 2.02% is now looking a bit pants! 

Part of the switch incentive they had at the start of the year was a bonus rate of 5% if you switched. I'm wondering if they haven't upped t so far because they have to honor the fact that higher rate was supposed to be an exclusive reward for switching and not available to everyone.  If so we might see them make changes after about March, which is when I think that particular offer changed again. 

But if I'm not mistaken 3% of that was a fixed bonus, the other 2% was the normal M Plus current account interest so if they increased the interest rate on their current accounts, those who got the 5% interest would still get the benefit of any interest rate rise to the M Plus current account and could very well end up with the highest rate of interest that anyone can possibly have at the moment.

patpalloon

plodder73 said:

refluxer said:

plodder73 said:

I also haven’t received any interest yet from Santander esaver, I was expecting it this morning. Do you know if it’s paid into an external bank account or added to the balance on the esaver? Either way I’ve not had it.

Did you definitely select monthly interest ? The rate will be 2.72% if you want a quick way of checking.

Yes definitely and just double checked 2.72%…. I’ll give them till tomorrow then chase it up

Mine was credited today.