The Top Easy Access Savings Discussion Area

RedImp_2

jak22 said:

Ive seen a report that Chase is raising to 2.7% - maybe from 4 Jan

I’ve had the E-mail so is confirmed.
Does mean I can keep a bit in the Savings to top up my Current (spending) account.

Zaul22

I am baffled by Coventry going up again. I thought the current issue would be withdrawn, not increased again. They have always been at the bottom of the charts with all the other high street banks and building societies. Obviously 6 access is a 'with hoops' account not full easy access, but when they offer the option to pay monthly interest into another account, 6 access it not really much of a hoop. 

jak22

The 4 access and limited access have been the better easy-ish access accounts rates right from the start - they seem to increase each time - although with a month's delay. With other accounts its tempting to move money around as rates fall behind but not so much with those Coventry accounts. 

Their EA account is going to a not good 2.45% though - but Coventry and Chase both get their own threads - what will people do if Marcus increase their rates?

iishappy

Zopa updated rates in app

2.86 Access | 2.91 Boost 7 Day | 3.06 Boost 28 Day | 3.26 Boost 95 Day

Sg28

iishappy said:

Zopa updated rates in app

2.86 Access | 2.91 Boost 7 Day | 3.06 Boost 28 Day | 3.26 Boost 95 Day

Could have been better but nice for my rolling 90 day pots. Going to mean some more tax avoidance reshuffling

ASL1

Kazza242 said:

jimexbox said:

Kazza242 said:

fryedslyce said:
Coventry Limited Access Savers going up to 3.25% from 06/01

Coventry's Four Access Saver is also going up to 3.25%.

Their First Home Saver (which allows monthly deposits of up to £1,000 per month and unlimited withdrawals) will be going up from 2.95% to 5.00%

w.e.f. 6th January 2023.

I've read the t&c and there isn't really anything to stop anybody opening the first home saver account. 1k a month at 5% is very tempting. 

The Coventry are pretty flexible about the First Home Saver account.  At the soon to be 5.00% rate and unlimited withdrawals, it's a really good account.  I wouldn't wait long if you intend to open it.

It says it is a 36 month account, with interest paid annually. Can you close the account before the 36 months are up and still get the interest? Just in case someone else offers more than 5%  or you need all the money plus interest straight away before the 36 months are up?

Zaul22

They have also added autosave, cool. Now if they just give us the ability to delete old nominated current accounts that would be great. 

ASL1

Mr._H_2 said:

Kazza242 said:

Coventry's … First Home Saver (which allows monthly deposits of up to £1,000 per month and unlimited withdrawals) will be going up from 2.95% to 5.00%

w.e.f. 6th January 2023.

Thanks for the heads-up. Can confirm there's no check that you are actually a first-time buyer; I just filled in the online application form and account was opened immediately.

They want a signature sample before they open my account. Could have done it online (by printing and signing the form), but I opted for them to post the form to me, as don't have access to a printer at the moment. Can either post the form back or scan and email it to them apparently.

jimexbox

Looks like I'm jumping from santander back to zopa. Always liked their pots, competative again 🍾

BarGin

With the Coventry FHS account could I deposit say £1,000 a month for 10 months and then leave it?