Charter Savings Bank

ColdIron

I have never used AJ Bell I'm afraid. Same sort of setup though. I guess it's a matter of comparing rates as ever

refluxer

AskAsk said:

this page gives the information you are looking for?

https://www.hl.co.uk/partners/search/active-savings?partners=1&theSource=PCHLC&Override=1&adg=G+HLAS+E+NSI&gclid=Cj0KCQjw8p2MBhCiARIsADDUFVGY_JBQgKiCsrTcD0yF_1-3hc2tmqMF20XYJCtbXJFjuynwi99SwKQaAv9WEALw_wcB

Does anyone know if the list of accounts towards the bottom of that page is all that HL Active Savings currently has to offer ? If so, then it's a fairly small selection and none of the accounts even make the MSE top tables as far as I can see. The differences in some cases isn't huge, admittedly, but I guess there's a price to be paid for the convenience factor.

ColdIron

As I say, sometimes the rates are better sometimes not. I've had great success with their BLME accounts in the past. The best was 2.25% for 18 months at the end of 2019, way above anything else I saw elsewhere, even at BLME

I've opened a BLME 1 year fix three weeks ago at 1.40% via HL when going direct was 1.30%. Very handy as it was for another 1 year fix that matured

ColdIron

But sometimes they are truly awful. Check out the 3 year fix at 0.25% with Metro Bank

Daliah

refluxer said:

AskAsk said:

this page gives the information you are looking for?

https://www.hl.co.uk/partners/search/active-savings?partners=1&theSource=PCHLC&Override=1&adg=G+HLAS+E+NSI&gclid=Cj0KCQjw8p2MBhCiARIsADDUFVGY_JBQgKiCsrTcD0yF_1-3hc2tmqMF20XYJCtbXJFjuynwi99SwKQaAv9WEALw_wcB

Does anyone know if the list of accounts towards the bottom of that page is all that HL Active Savings currently has to offer ? If so, then it's a fairly small selection and none of the accounts even make the MSE top tables as far as I can see. The differences in some cases isn't huge, admittedly, but I guess there's a price to be paid for the convenience factor.

Very occasionally, they have special offers for existing customers. None of the ones I was offered were anywhere near market leading. I originally went into HL Active savings because they offered an attractive joining bonus but I have not been tempted by anything since. I don't put a lot of value at the convenience - which I actually didn't find so convenient at all because

1. they insist to pay a part of any withdrawal to the debit card you made your original deposit with. This is ok if you still have the card but a bit of a PITA if you don't, even if you got rid of if in a CASS switch
   
   
2. they now log you out after 5 minutes of inactivity, which again can be a PITA if you have investments with them and are doing some research on existing or prospective investments

I appreciate that others do like the convenience and are happy to pay HL for it.

ColdIron

Daliah said:

1. they now log you out after 5 minutes of inactivity, which again can be a PITA if you have investments with them and are doing some research on existing or prospective investments
   

Yes, extremely annoying, especially if you are used to 1 hour time-outs. I installed an auto tab refresh add-on for my browser to combat it and can now stay logged on as long as I want. Pretty useful for quite a few sites as it turns out

AskAsk

refluxer said:

AskAsk said:

this page gives the information you are looking for?

https://www.hl.co.uk/partners/search/active-savings?partners=1&theSource=PCHLC&Override=1&adg=G+HLAS+E+NSI&gclid=Cj0KCQjw8p2MBhCiARIsADDUFVGY_JBQgKiCsrTcD0yF_1-3hc2tmqMF20XYJCtbXJFjuynwi99SwKQaAv9WEALw_wcB

Does anyone know if the list of accounts towards the bottom of that page is all that HL Active Savings currently has to offer ? If so, then it's a fairly small selection and none of the accounts even make the MSE top tables as far as I can see. The differences in some cases isn't huge, admittedly, but I guess there's a price to be paid for the convenience factor.

i found that the rates were better elsewhere when i had savings with them last year so i only opened the account because of the cashback.  when that was paid after the 6 months, i closed the account as it wasn't the best out there.

jbuchanangb

Have has a 95 day notice account with Charter for 5 years without any problems. It is still paying 0.7%. Just opened an 18 month bond at 1.35%. No adverse comments. Have not been able to  discover whether it is possible to cancel a requested withdrawal within the notice period when circumstances changed.

2010

jbuchanangb said:

Have has a 95 day notice account with Charter for 5 years without any problems. It is still paying 0.7%. Just opened an 18 month bond at 1.35%. No adverse comments. Have not been able to  discover whether it is possible to cancel a requested withdrawal within the notice period when circumstances changed.

95 days issue 41 paying 1.02% is what`s available currently.
Too early with 18 month fixed now paying 1.51%.
BoE now flagging up rise, a bit risky fixing at the moment.

andyhicks88

Thanks for all your replies, it seems they are a solid bank to hold savings with.  Is it the best option though? This is my first time really getting serious about saving so are there better, but still very simple, options of saving my pot of around 40,000?  What about premium bonds? How would sticking it all in there measure up to what I was planning on doing with Charter? Which was splitting it about 20/80 between their easy access and 1 yr fix?