What to do

gc747

I currently have my savings in the Santander easy access savings account which was like gold dust a couple of months ago.. earning about 2.9% i think. 

I notice that tandem is now offering the highest easy access at 3.05% - not a great leap up but do you guys think that’s going to be the best for a while or do we think the big boys (mainstream banks) will start to up their interest rate above 3%? I ideally want easy access as at the moment I don’t like the idea of tying my money up. 

ColdIron

If you mean the eSaver Limited Edition Issue 1 (no longer available to new applicants) it's 2.75%

mebu60

Santander is 2.75% and unlikely to go up. Many regulars on here have already moved their cash on from there.

Top Easy Access acs Ranked: Top of The Pots - **No Chat** — MoneySavingExpert Forum 

You can get 3.05% currently. That's almost 11% more. Likely to be as good as it gets for now if you don't want to be actively moving money around on a regular basis.

Today I moved funds from Sainsbury's 2.87% and Gatehouse 2.9% into Skipton 3.1%. Sadly for you the latter is no longer available (it was 2.6% but tracks base rate - 0.9% so benefitted from recent rise - like others on here I opened it and deposited a token £1 in anticipation).

I only offer what I did today as an example of moving for 7% gain. You would benefit over half as much again. I was out of Santander a while back. 

gc747

Thanks guys it was indeed the 2.75% i jumped thanks ColdIron. 

And the aka for your advice mebu60, I need to start looking around. 

Albermarle

 or do we think the big boys (mainstream banks) will start to up their interest rate above 3%?

High St Banks normally have poor interest rates, usually you get better rates with the smaller players ( but not always)

Best Easy Access Savings Accounts | moneyfacts.co.uk