The Top Easy Access Savings Discussion Area

ForumUser7

Band7 said:

Don't know the answer to how KRBS handle interest payment but if they haven't paid today, I doubt they will pay before Tuesday as Monday is a Bank Holiday.

BTW, Al Rayan Everyday Saver and Barclays RDS have already credited the interest for December.

Thanks @band7 - I'd somehow forgotten about Monday!

Rudyson said:

ForumUser7 said:

Has anyone got their monthly interest from Kent Reliance Easy Access yet please? From my previous experiences, it has shown on the account the day after the last working day (and been dated as the last working day) but it has not showed for me this time round. I wondered if perhaps it was because it was a Saturday, and it'd show on Monday, but I'm unsure. Thank you

My KR Instant Access interest is always dated on the last day of the month, working day or not, and it's always been visible on the 1st of the next month.

Thanks for this @Rudyson - seems random that they do that seeing as the product page states 'monthly interest is paid on the last working day of each month.' I'll keep my eye out on the 1st in case, but I'll also check towards the end of the first week of the new year because of all the Bank Holidays. I've not had accounts with them long enough to have the last working day be different from the last day, until this month (accounts since August) - but I'll keep an eye out for what you've mentioned they do!

youngretired

Kent Reliance always pays last day of the month, even on weekends. Though it never shows until the next day like many other banks, so it will show tomorrow.

Rudyson

youngretired said:

Kent Reliance always pays last day of the month, even on weekends. Though it never shows until the next day like many other banks, so it will show tomorrow.

And that's exactly what's happened with my account as always. Interest showing today.

soulsaver

ToTP  - ****Wishing all a happy & prosperous 2023***

OK trappers - here is the start position for 2023. Main links all checked. 'See trail' refers to trail in the 'No Chat' thread, here. 

Easy(ish) Access, Top (10 ish) Of The Pots. BoE BR +0.5 = 3.50% (15/12)

Updated at 01/01/2023 c.11.00hrs - Starter for 10; not comprehensive, DYOR.

Latest/recent changes in bold (No.1 always). Links added for all accounts. TIA for all contributions. Bracketed dates = date rate added here.

                                         

Aldermore 3.0% takes top spot at 15/12 for existing customers; but ATBE will be overtaken at & wef 06/01/23 by Cov BS Limited Access (6) (online) 3.25%.

Note: see Small(ish) Balance, ToTP high rates lower on this page. Particularly note Yorkshire BS Rainy Day, see trail 20/12.

First Direct 2.6% Bonus saver - see 'Small(ish) Balances'

Note Oddballs: Monmouth BS 3.00% - see trail (01/12). Bucks BS 2.90% see trail (03/12). Chip 3.0% **dyor** See trail (09/12).

1 Aldermore 3.00% Double Access (11/11 24/11) NLA new customers Double Access Account, Instant Access Savings Account - Aldermore Bank Link says NLA atm, but appears still available to existing customers (and 2.75% EA) see: The Top Easy Access Savings Discussion Area - Page 928 — MoneySavingExpert Forum (Ed)

2 Zopa tiered 2.86% EA; 2.91, 3.06, 3.26% - 7, 31, 95 day notice (app only) applied (15/12). Smarter Savings built for real life - Zopa Thnx @iishappy

3 Coventry BS limited (6) access 2.85% (02/12) (3.25% wef 06/01 (15/12)) Limited Access Saver (Online) (6) (coventrybuildingsociety.co.uk) thnx @Expotter & @Bridlington1 & @SnowMan

4 Al Rayan £5k min; 2.81% E.P. (circa 2.85% AER) (21/10) App onlyish. Everyday Saver (Issue 3) | Islamic banking | Sharia compliant & ethical (alrayanbank)

5 Cynergy EA iss 54; 2.75% (inc 0.15%) (22/12) app/digipass for ol access.Cynergy Bank  thnx @t1redmonkey

6 Chorley BS 2.75% (15/12) Easy Access Saver (6 Withdrawals) | Chorley Building Society (chorleybs.co.uk) ***Note: No online w/ds***. see trail 08/12  

7 Sainsbury Defined access (tri) Iss35 (1.05%<)£1k+ 2.61% (15/12) Defined Access Saver with Sainsbury's Bank (sainsburysbank.co.uk) thnx Ed

8 Yorkshire BS IS Plus 12 *tiered* 2.6% (2.6% >£10k< 2.3; 2.65% >£50k (09/12)   View our Easy Access Savings Accounts | Savings |YBS

9 Tandem 2.55% App only (03/11)   https://www.tandem.co.uk/products/savings/iasa  

10 Atom 2.55% App only (04/11) Instant Saver 2.55% Interest Rate - Easy Access Savings | Atom bank

 

Up Coming:

Coventry BS Limited Access (online) (6) 3.25% wef 06/01 (Ex 2.85%) (15/12) https://www.coventrybuildingsociety.co.uk/member/help/member-support/bank-of-england-base-rate.html thnx @SnowMan

Chase 2.70% wef 04/01 see trail post (15/12) - 22/12 Still no link but email confirmation & shown in app. Thanks @ColdIron

Small(er) balance, ToTP rates:

First Direct  Bonus SVR 2.6% to £25K & no w/d in month or 0.65% (01/12) Bonus Savings Account | first direct 

Yorkshire BS Rainy Day (Double access) 3.0% to £5k, 2.5%> £5K (09/12) View our Easy Access Savings Accounts | Savings | YBS 

Newbury BS 2.8% on <£3k; 3% (12mth members) <£4k atm (08/12) Savings products | Newbury see trail (08/12) 

Nationwide FlexDirect 5% on £1.5k (1st year only) FlexDirect | In-credit interest current account | Nationwide

Barclays Blue Rewards c/w 5.00% 'Rainy Day Saver' to £5k(30/09) .Rainy Day Saver | Barclays  

HSBC 3% on upto £10k (20/10)no w/d in month or 0.65% Online Savings Account | Bonus Savings Account - HSBC UK thnx @Descrabled

Bridlington1

Anyone else waiting for Monmouthshire to verify their nominated account? I've got £25k stuck in their Premium saver, which I was hoping to move to Coventry next Friday. I sent off the nominated account form with an original bank statement nearly 4 weeks ago.

subjecttocontract

I received my MBS passbook for their Xmas Saver Bond account yesterday. I was expecting to have to complete a nominated account form but......when I registered for online access I was asked to complete nominated account details online. So, looks like I won't need to complete a form.

Bridlington1

subjecttocontract said:

I received my MBS passbook for their Xmas Saver Bond account yesterday. I was expecting to have to complete a nominated account form but......when I registered for online access I was asked to complete nominated account details online. So, looks like I won't need to complete a form.

I too had to submit my nominated account details online, then I received a letter about a week later asking me to provide an original or certified statement from my nominated account as proof.

ForumUser7

ESBS Progress Account and some other account types I checked now state:

“Please note that this Savings account may only be opened by existing members or by people living within the post code areas of LE, CV9-13 inclusive and DE11-15 inclusive. Existing accounts can be operated as usual.”

Bridlington1

Skipton triple access saver now pays 2.65%. Min balance £5k.

[Deleted User]

You know what would be interesting, well at least I would find interesting, would be to keep account of who is top of the charts for the most days. On the main site it feels like ZOPA has been there for ages now, though I understand Coventry will take over very soon.

I do realise by the way this can't be done, there are too many notions of what "Easy Access" really means. For me it means any amount and no withdrawal limitations whatsoever, I know others feel differently.