Santander Easy Access Limited Edition

Qyburn

ToastLady said:

I've opened Cynergy at 5.1% but am having trouble with getting online, will have to phone them, ...

I opened Cynergy as well, itvopened OK but access is fiddly as hell. They boast about their "app" but i didn't realise its solely to authenticate, you need a web browser on another device as well as the app on your smart phone. And you can't have the app on a second device so if your phone isn't available you're toast.

subjecttocontract

I opened a YBS 'loyalty' 6 access saver last October at 5.1%......I don't know if that's still available.

Bridlington1

subjecttocontract said:

I opened a YBS 'loyalty' 6 access saver last October at 5.1%......I don't know if that's still available.

Thanks for reminding me, I still have that account sat with £1 on standby. The account went NLA a few months back though if my memory serves me well. 

soulsaver

Ok here? Or start a new thread?

So what ideas have you got to fall back on for your cash after Santander's rate chop?

How about Shawbrook's 5.78% ISA - NLA but you can still add to it - add your ISA allowance to it April 6th? Mine ends mid August so a 4 and a bit month fix at 5.78% tax free (equiv 7.255% at BR)? Will possibly see my £20k.

And Oxbury was mentioned -   5.53% aer 120 day notice & plus 2 months 14days (so c134 days) notice from them for reduction.. that they've not issued yet... so minimum c.4.5 months fix .. see  @NameWithheld  helpful post below. 

ETA to roll back possibly duff info. See below, terms still show the following:

"Oxbury can make changes to your interest rate, any such changes will be communicated to you providing at least 14 calendar days’ notice in addition to any notice period for a reduction in rate, increases in rates are usually applied with immediate effect. "

nedwilsher

Are these Shawbrooks and Oxbury rates historic. NLA it would seem. And Oxbury don't seem to be contactable by phone or chat. I could not bank under those conditions. If you are looking for a flexible ISA try Zopa (5.08%) though must open before 5 April 2024 to get that rate. I'd already hit my £20k for current year so did a transfer. I applied last Wednesday and it was done and dusted by Friday. All my money transferred in in two days. And I still get the bonus rate on any new monies invested in 2024/25. Chip have a marginally better rate, but Trustpilot reviews are not so bright for what would be £4 more interest on £20k over a year.

soulsaver

@nedwilsher You will get the 0.50% Zopa bonus rate - but may be worth noting the 4.58% underlying rate is variable. 




 

NameWithheld

Oxbury 120 day at 5.53% is still available for existing customers. You can become an existing customer by opening an easy access account at 4.94%. You could always close the easy access account later if you don't want it

jaceyboy

Well Santander will be losing £170k of my money!

Johnny-Cage

ToastLady said:

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.

I binned off Cynergy spent over 30 mins on the phone with them and they still couldn’t get me to have access to the account, in the end told the guy i will just let the account auto close and look elsewhere

jameseonline

ToastLady said:

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.

I get that it's just something to consider, ideally we all wouldn't have several accounts in the 1st place but it can be beneficial.

If only deposit limits, withdrawal limits etc weren't a thing.