The Top Easy Access Savings Discussion Area

jaypers

Looks like Charter have just launched their Easy Access issue 30 which interestingly is only paying 2.35%. All previous releases being increased to 2.75% from tomorrow. Definitely a stall on all sorts of new accounts at the moment. 

ForumUser7

Nationwide Savings Account Rate Changes (Effective 1st December):

On 18 November, we increased the interest rates on some of our savings accounts:

• 1 Year Triple Access Online Saver
• 1 Year Triple Access Online ISA
• Flex Instant Saver.

On 1 December, we’ll be increasing the interest rates on some of our other savings accounts.

Find out how your savings account's interest rate will change: https://www.nationwide.co.uk/-/assets/nationwidecouk/documents/savings/smd558-important-changes.pdf?rev=5d58bb4757754e84bce2f70bd75b6409

@soulsaver Their 1 Year Triple Access Online Saver at 2.50% is TOTP just now, same rate as Principality but allows an additional annual withdrawal.

2010

Increase from 1st Dec. a month behind the last BoE increase.
Next BoE 15th Dec.
Pathetic.

liamcov

2010 said:

Increase from 1st Dec. a month behind the last BoE increase.
Next BoE 15th Dec.
Pathetic.

Some decent rate increases at least.

ForumUser7

UPDATE FROM PRINCIPALITY REGARDING SOME INCORRECT RATES ON THEIR RATE SHEET EFFECTIVE 17TH NOVEMBER:
@soulsaver @Bridlington1 @refluxer @Band7 @flaneurs_lobster @dekkard

"Hi ForumUser7, thank you for picking up on this. 

We want to apologise for this oversight on our end and any confusion caused, and please be assured that the document is being amended as quickly as possible. 

The following accounts were not included in the rate change on 17th November and should not be on the list: 

• Learner Earner Issue 3 
• First Home Steps Issue 3 
• First Home Steps Online Issue 2 
• NHS Thank You Saver 
• NHS Thank You Online Saver 

The rates displayed on the product pages on the website are the correct ones for these, and we did not reduce the rates on them. 

Hope this helps."

I don't know what others think, but it does not seem particularly fair to put accounts on that list as if they were receiving increases, make mistakes with the rates, and then say they were not meant to be included anyway - hopefully they increase them at some stage to remain competitive.

New Rates Sheet Below (and they renamed it to Branch Notice November)

Bridlington1

TSB save well limited access saver now pays 2.5% for any month you don't make a withdrawal and 0.25% in any month you do make a withdrawal. Pretty similar to HSBC bonus saver in many ways but paying 0.5% less.

I shalln't bother with this one myself but I thought it worth a mention anyway.

ForumUser7

Hinckley and Rugby Building Society Savings Account Rate Changes (Effective 2nd December):

https://www.hrbs.co.uk/saving-info/savings-rates/

*IMPORTANT NOTE*: Although some of their accounts like the Regular Saver 30 Day Notice and 90 Day Notice Cash ISA offer good rates, they are 'not looking at online transactions at present' so 'withdrawals would need to be sent in the post or brought into one of our branch/agency offices'. I don't have a comprehensive list for which accounts they provide stationary for, but for the Regular Saver at least, 'prepaid envelopes are not provided for this account type'. This means if we want to make withdrawals, we either have to live near a branch, or give 30 days notice and pay for postage. These conditions may be fine for some people, but it may put others off - imo, if I lived near a branch I would open it, but I don't so until online withdrawals are possible, or prepaid envelopes are provided it is one I won't be opening, even at the rate it will be from 2nd December.

soulsaver

Bridlington1 said:

TSB save well limited access saver now pays 2.5% for any month you don't make a withdrawal and 0.25% in any month you do make a withdrawal. Pretty similar to HSBC bonus saver in many ways but paying 0.5% less.

I shalln't bother with this one myself but I thought it worth a mention anyway.

In ToTP (see signature) at No.10 TSB Tri Access 2.5% (18/11) Save Well Limited Access Account | Savings | TSB Bank thnx @Bridlington1

I can't remember any TSB presence in the ToTP before. Nor for a decent reg saver.
Add a switching incentive and there appears to be a change of policy?

t1redmonkey

TSB had a 5% account a few years back, albeit on a limited amount of money.  I remember opening an account with them to use it

Bridlington1

soulsaver said:

Bridlington1 said:

TSB save well limited access saver now pays 2.5% for any month you don't make a withdrawal and 0.25% in any month you do make a withdrawal. Pretty similar to HSBC bonus saver in many ways but paying 0.5% less.

I shalln't bother with this one myself but I thought it worth a mention anyway.

In ToTP (see signature) at No.10 TSB Tri Access 2.5% (18/11) Save Well Limited Access Account | Savings | TSB Bank thnx @Bridlington1

I can't remember any TSB presence in the ToTP before. Nor for a decent reg saver.
Add a switching incentive and there appears to be a change of policy?

I seem to recall that TSB's monthly saver paid 2% in January this year, which at the time was pretty good given that the top easy access rates paid less than 1%.