Santander Easy Access Limited Edition

refluxer

silvercue said:

Another day and still no email about this. 

It's always worth checking your spam folders and that your communication preferences for Santander are appropriately set and up-to-date. 

callum9999

xylophone said:

they're a profit driven company almost exclusively concerned about their bottom line. 

  Santander is a business and a banking business at that.  And aren't we all as individuals concerned with our bottom line - and I don't mean with our appearance in trousers.....

If we weren't, we'd not be continually moving funds from one provider to the next  in search of the best rates.... 

No we aren't all almost-exclusively profit-focussed (I wouldn't work for the NHS if I was...), but regardless, what does that have to do with anything I said?

Unless you're claiming we should be grateful that these banks are making billions in profit? In which case, you do you, but I think it's very unlikely I could be talked into that position! 

silvercue

OK, email received now.  Annoying, I will just look for a better rate somewhere else from May 20th.  I think I have an Ulster Account open...will check the AER on that.

EDIT:  looks like that has reduced too, pretty low.  Will look for something new

SaveTheEuro

silvercue said:

OK, email received now.  Annoying, I will just look for a better rate somewhere else from May 20th.  I think I have an Ulster Account open...will check the AER on that.

EDIT:  looks like that has reduced too, pretty low.  Will look for something new

Are you sure? Still showing at 5.2% for balances above £5k on the Ulster Bank website.

chamelion

silvercue said:

OK, email received now.  Annoying, I will just look for a better rate somewhere else from May 20th.  I think I have an Ulster Account open...will check the AER on that.

EDIT:  looks like that has reduced too, pretty low.  Will look for something new

Definitely still showing 5.2%

friolento

chamelion said:

silvercue said:

OK, email received now.  Annoying, I will just look for a better rate somewhere else from May 20th.  I think I have an Ulster Account open...will check the AER on that.

EDIT:  looks like that has reduced too, pretty low.  Will look for something new

Definitely still showing 5.2%

If your balance is less than £5k, interest rate is 2.25%

nedwilsher

Can't see 2.25% mentioned anywhere for this account. Anyways; those savvy savers will simply move on and switch to the best alternative.

friolento

nedwilsher said:

Can't see 2.25% mentioned anywhere for this account. Anyways; those savvy savers will simply move on and switch to the best alternative.

it referred to the Ulster account

jameseonline

I have one of these accounts, to be honest it's hard to workout where to go next, Virgin are dropping their m plus rate, Ford Money have recently dropped their rate, along with Tandem (now pays slightly less less than 5% even with top up rate on), I recently closed my Barclays Blue Rewards (of which Rainy Saver is part of the perks) but you have the hassle of having to pay £800 a month to your Barclays account every month, YBS do a Rainy Day account but think that's limited withdrawal, Chip might be useful again, hmm🤔

Maybe getting an edge account might be more of a thing for people?😏

Already max my NatWest & RBS Digital Savers each month and can take money out of them whenever, that might be an option for people if not already, pays monthly.

Also something else to consider, a lot of regular savings accounts you can close at anytime with no financial penalty, so get the money you put in back plus any interest earned up to the point of closure, obviously that's not the point of a regular savings account but yeah, Ive had to close regular savings early because better accounts came along, only thing is it may stop you from getting the same type of account again until it was due to end.

Just a few thoughts anyways.

ToastLady

jameseonline said:

I have one of these accounts, to be honest it's hard to workout where to go next, Virgin are dropping their m plus rate, Ford Money have recently dropped their rate, along with Tandem (now pays slightly less less than 5% even with top up rate on), I recently closed my Barclays Blue Rewards (of which Rainy Saver is part of the perks) but you have the hassle of having to pay £800 a month to your Barclays account every month, YBS do a Rainy Day account but think that's limited withdrawal, Chip might be useful again, hmm🤔

Maybe getting an edge account might be more of a thing for people?😏

Already max my NatWest & RBS Digital Savers each month and can take money out of them whenever, that might be an option for people if not already, pays monthly.

Also something else to consider, a lot of regular savings accounts you can close at anytime with no financial penalty, so get the money you put in back plus any interest earned up to the point of closure, obviously that's not the point of a regular savings account but yeah, Ive had to close regular savings early because better accounts came along, only thing is it may stop you from getting the same type of account again until it was due to end.

Just a few thoughts anyways.

I've opened Cynergy at 5.1% but am having trouble with getting online, will have to phone them, and the Cahoot Sunny Day at 5.2% (max £3000). I can't be bothered with opening a lot of regular savers, I have no want for a load of extra current accounts, have more than enough as it is. The way things are going, the Oxbury EA at 4.94% which I opened with £1 just to get fixed savers, may come in useful.