The New Top Easy Access Savings Discussion Area

k12479

flaneurs_lobster said:

Actually, mine's an issue 1 paying 5.08% - has a reduction been announced for this one?

18th November, 4.89% gross, 5.00% AER to match the Issue 2, according to my notes.

RosieRooBear

k12479 said:

flaneurs_lobster said:

Actually, mine's an issue 1 paying 5.08% - has a reduction been announced for this one?

18th November, 4.89% gross, 5.00% AER to match the Issue 2, according to my notes.

Cahoot Simple Saver Issue 1 - 5.12% (5.08% monthly), no notification, no change
Cahoot Sunny Day Saver Issue 1 (max balance for interest £3000) - 5.2% AER reducing to 5% AER on 18th November 

allegro120

flaneurs_lobster said:

gesdt50 said:

After more research they won't give any interest even if you reduce back to 3,000, Thanks

The Cahoot Sunny Day Saver? Where are you doing your "research"? 

It's a "tiered" interest product, £1-3000 pays 5%, anything above £3k earns 0%.

Actually, mine's an issue 1 paying 5.08% - has a reduction been announced for this one?

No reduction announcements yet, but "The term of the account is 12 months. After the term ends, we’ll transfer your money and interest into a cahoot Savings Account."

SaveTheEuro

A sharp drop at Beehive (Nottingham Building Society), from 4.95% to 4.5%.


The interest rate payable on your Limited Issue Easy Access 4 will decrease to 4.50% gross p.a. from 28th November 2024. This includes a bonus of 2.47% until 31/3/2025. The interest rate without bonus will decrease to 2.03%.

mebu60

SaveTheEuro said:

A sharp drop at Beehive (Nottingham Building Society), from 4.95% to 4.5%.


The interest rate payable on your Limited Issue Easy Access 4 will decrease to 4.50% gross p.a. from 28th November 2024. This includes a bonus of 2.47% until 31/3/2025. The interest rate without bonus will decrease to 2.03%.

That'll be to pay for the hideous new branch makeovers. 

exel1966

Cynergy 69

3.70 ↓ 3.45  02 Dec  + 1.10 if you have the fixed bonus.

RosieRooBear

Skipton have announced their variable rate changes effective from 9th December 2024. Their Member Bonus Saver currently 5.25% will be reducing to 5%. Mine ends on 14th January 2025 so will probably close it then and transfer the money to my Cahoot Simple Saver 5.12%.

https://www.skipton.co.uk/-/media/skipton-co-uk/pdf/savings/dec-9th-rate-changes.ashx

allegro120

RosieRooBear said:

Skipton have announced their variable rate changes effective from 9th December 2024. Their Member Bonus Saver currently 5.25% will be reducing to 5%. Mine ends on 14th January 2025 so will probably close it then and transfer the money to my Cahoot Simple Saver 5.12%.

https://www.skipton.co.uk/-/media/skipton-co-uk/pdf/savings/dec-9th-rate-changes.ashx

Mine ends on 12th January, I'll keep it running until the end and transfer £3k+interest to Cahoot Simple Saver for 6 days (runs out on 18th January) and then to whichever EA pays the best rate at the time.

Bridlington1

@soulsaver
 Ford Money Flexible Saver 4.75% £1 min now for existing customers only

Bridlington1

Most won't be eligible for this but it could give a rough indication as to what Leeds BS are planning to do with their rates in the near future:

Leeds BS Shared Ownership Saver at 6.25% is now NLA. Replaced by Issue 2 at 6.15%.