The New Top Easy Access Savings Discussion Area

IanManc

Gers said:

IanManc said:

The Furness Double Access link at the top of the list no longer works, and the account isn't listed as currently available anymore.

https://www.furnessbs.co.uk/savings/savings-interest-rates

Seems to be branch or paper application now.

No, that's the Furness 1 Year Regular Saver, not the Furness Double Access Account at 4.9% which tops the easy access list at the beginning of this top easy access accounts thread.

Thomas_Crown

IanManc said:

The Furness Double Access link at the top of the list no longer works, and the account isn't listed as currently available anymore.

https://www.furnessbs.co.uk/savings/savings-interest-rates

I opened a Vanquis Easy Access account a couple of days ago, because I  was put off by the ''Double Access'' part of the Furness account. I was having second thoughts this afternoon and I clicked onto the Furness link, only to find that the account has been withdrawn.

soulsaver

Furness Double Access - It was still available this morning when I checked links... and that my initial deposit had arrived....finally.

soulsaver

Aldermore Double Access Issue 2 4.75% £1k min (21/8) ***NLA 11/11*** iss3 4.55%

t1redmonkey earlier post advised that iss2 will also go to 4.55% at 06/12.

GalacticaActual

Email from Chase this afternoon about the Chase Saver account interest rate, which is tied to the Bank of England base rate.

The standard saver rate will change from 3.75% AER (3.69% gross) variable to 3.50% AER (3.45% gross) variable on 14 November 2024 (this coming Thursday).

https://www.chase.co.uk/gb/en/support/interest-rates-explained/

It didn’t mention my Boosted Saver Account in the email but their website/T&Cs state that any other offers will be subject to changes to the Bank of England base rate.

I would imagine the rate for the Boosted Saver account will drop accordingly to 4.50% AER (4.45% gross) on 14 November 2024 also.

IanManc

soulsaver said:

Furness Double Access - It was still available this morning when I checked links... and that my initial deposit had arrived....finally.

Furness have previous for withdrawing accounts halfway through working days. 

pecunianonolet

Secure Trust rate reduction

Bridlington1

wiseonesomeofthetime said:

Luckily, I am gripping on to Cahoot Simple Saver Issue 4 at 4.85% (NLA obv)

I've just noticed this on Cahoot's website though:

BACKTOBACK

Will be moving around £50k out of Chase saver and am undecided on either Monument or Vanquis?
The difference in interest is around £2 a month so i am more interested in customer service, easier use of app or website etc. I am also thinking that the Monument rate of 4.81aer is the new reduced rate but the 4.85 at vanquis could be reduced anytime? I will need instant access and around 5 withdrawals a year as the money is mostly stoozing from zero percent credit cards. Any advice?

SnowMan

Interesting that the no longer available Cahoot Simple Saver (issue 4) is dropping to 4.35% AER from 4.85% AER from 11th February 2025 (as per above). They only had to give 2 months notice but they've given 3 months instead. A lot of people endured the often difficult opening process in anticipation that this account would become temporarily really good after a base rate reduction.

The Cahoot Sunny Day saver (issue 2) is still showing as available at 5% AER for balances up to £3,000, and as already stated above the Cahoot Sunny Day saver (issue 1) joins it at 5% AER for balances up to £3,000 from 18th November after its rate reduces from 5.2% AER (for those whose year isn't coming to an end soon).