The Top Easy Access Savings Discussion Area

frames1_uk

what about the Leeds BS instant access account at 3.05%

scooby32

Thanks for the help. went with new Northern Rock, opened Friday paperwork thru today. Cant go with HBOS unfortunately theses ones were out. The account was ver eas to open and 2.5 not the highest but safe and ok rate

mau408

Don't know whether anyone has already posted but the egg account is not for strictly 'new egg customers' as noted in the article but for new egg money. So simply transfer out and transfer back in and existing account holders can make benefit of the new 2.8% rate. May be this can be corrected by the author?

4_Pete's_Sake

The Intelligent Finance instant access I-Saver Account has just upped its Gross interest rate to 2.85%. You also need to have an I.F Current account and the only way to get money out of your I-Saver Account is going on line and putting transferring it into you current account. From there you can transfer it to another bank or take it out from a cashpoint.

I.F have now reduced their interest rate on their Direct Access Saving Account to a pathetic 0.05%. I am sure many people will still have considerable amounts of money in this account and are not aware of how the interest rate has been slashed to virtually nothing. My mum did and I have opened an I-Saver for her. If you are in it, get out of it fast and transfer your money into an I-Saver.

murphydavid

I’m a bit hesitant to post this here, under Instant access, but the article referred to does include fixed rate best buys? Should I post somewhere else? Anyway


First a warning Ruffler Bank (second best in the 2 year Fixed term tables). Fixed rate bond terms say on maturity “we will automatically renew your deposit for the same period at the then prevailing interest rate” So if you forget to tell them your fixed term may be a bit longer than you expect.

[FONT=&quot]Second, any other comments, on this institution, to help a potential investor[/FONT]

hansi

4_Pete's_Sake wrote: »

The Intelligent Finance instant access I-Saver Account has just upped its Gross interest rate to 2.85%. You also need to have an I.F Current account and the only way to get money out of your I-Saver Account is going on line and putting transferring it into you current account. From there you can transfer it to another bank or take it out from a cashpoint.

I.F have now reduced their interest rate on their Direct Access Saving Account to a pathetic 0.05%. I am sure many people will still have considerable amounts of money in this account and are not aware of how the interest rate has been slashed to virtually nothing. My mum did and I have opened an I-Saver for her. If you are in it, get out of it fast and transfer your money into an I-Saver.

Correction. You don't need to have an IF current account. I have just set up and I-Saver account linked to my current account which is not with IF. And I don't think you can use a cashpoint either. It's all done online.

JimmyTheWig

murphydavid wrote: »

Fixed rate bond terms say on maturity “we will automatically renew your deposit for the same period at the then prevailing interest rate” So if you forget to tell them your fixed term may be a bit longer than you expect.

As long as you can close the new bond then this isn't such a bad thing...

murphydavid

JimmyTheWig wrote: »

As long as you can close the new bond then this isn't such a bad thing...

Reading it straight as written...
When they say the same term that's 2 years and once entered into, the rate and the account is fixed. ie no withdraws, no cancelling, no closing, money untouchable for the fixed term.
I expect they will remind you prior to the impending bi-anniversary, who knows.
I think I'm still up for it because of the good interest rate, 2 years is a bit of a gamble - other rates can go up as well as down.

PeteJ_2

Am I being silly here, or is the A+L current account that pays 6% on balances up to £2500 a better saving option than any of the (non-ISA) savings accounts if you can afford the monthly payments and maintain the £2500 balance? It also seems to beat the FD and Halifax accounts as 2.5k at 6% = £150 compared to £100 at FD and 12x5= £60 at Halifax?

smcg2212

I've just logged on to my Halifax Web saver and it says that my current rate is 5.00% p.a.! Sounds too good to be true.
Should I be transferring all my savings in there or are they known for misquoting exchange rates on their accounts?