Santander Easy Access Limited Edition

jaypers

For anyone thinking where to put their cash and further to the comment above I just wanted to give a thumbs up to Charter Savings. I have accounts all over the place but Charter are probably my No1. Excellent to deal with. I guess the only downside is that they don’t have real time Faster Payments but I have other providers where I keep cash I may need in a hurry. Other than that, they’re great. 

dealyboy

I have both Easy Access Saver Limited Edition (Issue 1) from Oct 22 and (Issue 3) from Sep 23, looking forward to the (Issue 4) ... later this year perhaps?

Bobblehat

soulsaver said:

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?

............

Starting with the idea of reducing the amount I've currently got fixed (so may not be appropriate for others), my plan is to  .....

1) Shift £20K into best EA cash ISA on 6th April for tax reduction.
2) Put a float of ~£10K into Charter EA 5.08% to fund 7 RS's (dripping back into a CA) and keep topped up with maturing RS/Fixes.
3) Top up Cynergy 95 Day 5.5% (NLA) with the rest plus any maturing RS/Fixes not needed for #2 above.
4) Adjust plan if any of the rates of the above drop between now and 20th May 

Qyburn

jameseonline said:

Think that's what Santander want people to do to be honest, get people to pay a fee for an account, while at the same time promote a linked Saver.

The saver has a £4,000 limit though.

kjs31

I wish there was a way of flipping from annual to monthly interest like there is with other providers as it would be advantageous for me to get paid the interest this tax year due to a change in circumstances. I know I could close the account but don’t really want to do that just now. Hey ho. 

kjs31

I wish there was a way of flipping from annual to monthly interest like there is with other providers as it would be advantageous for me to get paid the interest this tax year due to a change in circumstances. I know I could close the account but don’t really want to do that just now. Hey ho. 

soulsaver

kjs31 said:

I wish there was a way of flipping from annual to monthly interest like there is with other providers as it would be advantageous for me to get paid the interest this tax year due to a change in circumstances. I know I could close the account but don’t really want to do that just now. Hey ho. 

Have you asked them? I'm sure I flipped from annual for tax reasons in the past.

kjs31

soulsaver said: Have you asked them? I'm sure I flipped from annual for tax reasons in the past.

Yes I asked them soon after I opened the account as initially I opened a monthly interest one and asked to flip to annual interest (oh the irony!). Their answer was that I had to close the monthly interest one and when it was closed I could open an annual one. 

I reckon I’ll close another account instead but I have about 7.5k accrued in interest in this one so far so much more than any other accounts that I have. 

Stargunner

Qyburn said:

jameseonline said:

Think that's what Santander want people to do to be honest, get people to pay a fee for an account, while at the same time promote a linked Saver.

The saver has a £4,000 limit though.

As well as a solo esaver you can also have a joint esaver, linked to a joint account and if you have a joint account both you and your partner can have a joint esaver.
Between my OH and me we have £16k in esavers and we don’t pay any monthly fees.

jameseonline

Qyburn said:

jameseonline said:

Think that's what Santander want people to do to be honest, get people to pay a fee for an account, while at the same time promote a linked Saver.

The saver has a £4,000 limit though.

Yeah but £4000 @ 7% is decent, compared that to most regular savers, most are like £3000 total deposit limit over several months