The New Top Easy Access Savings Discussion Area

happybagger

Scottish BS NLA accounts reducing on 3 December

Saver Plus Issues 1, 2, 3; and E-Saver Plus Issues 1, 2, 3 all reducing from 4.61% to 4.51%

wiseonesomeofthetime

Bridlington1 said:

Not very exciting but for those who have the accounts still with minimum balances:

Newbury BS Interest Rate Reductions From 13/12/24:

Existing Member Account from 4.1% to 3.9%
Welcome to Newbury from 4% to 3.75%

I wasn't aware that they had reduced to 4.1% and 4% respectively in the first place tbh

slinger2

RCI Bank "Freedom" account down from 4.60% to 4.45% as from 15 Nov for new customers. I haven't received any notification as yet.

Bridlington1

Just a reminder the NLA Cahoot Sunny Day Saver Issue 1 interest rate reduction from 5.2% to 5% (£3k max) comes into effect tomorrow (18/11/24).

PeskyBlunder

From Vanquis:

We are writing to inform you that the interest rate on your Easy Access Account (Issue 3) will be reduced from 4.85% to 4.65% variable, with effect from 2nd December 2024.

t1redmonkey

Bridlington1 said:

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:

I've noticed this change to the interest rate of issue 4 of the Simple Saver has now been officially communicated via the e-Documents section when you log in to your Cahoot account.

SnowMan

Coventry Building Society have announced their changes following the base rate cut

https://www.coventrybuildingsociety.co.uk/content/dam/cbs/member/pdfs/savings/rate-change-notice.pdf

The no longer available triple access saver (online) is reducing from 4.95% AER to 4.75% AER on 3rd December 2024.

The no longer available triple access saver (online)(2) is reducing from 4.9% AER to 4.75% AER on 3rd December 2024.

The no longer available triple access saver (online)(3), triple access saver (online)(4) and triple access saver (online)(5) are reducing from 4.83% AER to 4.75% AER on 2nd December 2024.

Bobblehat

PeskyBlunder said:

From Vanquis:

We are writing to inform you that the interest rate on your Easy Access Account (Issue 3) will be reduced from 4.85% to 4.65% variable, with effect from 2nd December 2024.

Further to this ....

Easy Access Account (Issue 3) monthly rates dropping from 4.75% to 4.55% from 2nd December.

90 Day Notice Account (Issue 6) monthly rates dropping from 4.98% to 4.89% from 3rd March 2025.
(Edit: mentioned in Notice thread)

SaveTheEuro

SnowMan said:

Coventry Building Society have announced their changes following the base rate cut

https://www.coventrybuildingsociety.co.uk/content/dam/cbs/member/pdfs/savings/rate-change-notice.pdf

The no longer available triple access saver (online) is reducing from 4.95% AER to 4.75% AER on 3rd December 2024.

The no longer available triple access saver (online)(2) is reducing from 4.9% AER to 4.75% AER on 3rd December 2024.

The no longer available triple access saver (online)(3), triple access saver (online)(4) and triple access saver (online)(5) are reducing from 4.83% AER to 4.75% AER on 2nd December 2024.

A rather welcome move by Coventry to keep the reductions lower than the Bank of England base rate cut. 

mattojgb

SaveTheEuro said:

SnowMan said:

Coventry Building Society have announced their changes following the base rate cut

https://www.coventrybuildingsociety.co.uk/content/dam/cbs/member/pdfs/savings/rate-change-notice.pdf

The no longer available triple access saver (online) is reducing from 4.95% AER to 4.75% AER on 3rd December 2024.

The no longer available triple access saver (online)(2) is reducing from 4.9% AER to 4.75% AER on 3rd December 2024.

The no longer available triple access saver (online)(3), triple access saver (online)(4) and triple access saver (online)(5) are reducing from 4.83% AER to 4.75% AER on 2nd December 2024.

A rather welcome move by Coventry to keep the reductions lower than the Bank of England base rate cut. 

I'm presuming these will become the top paying easy access accounts (NLA) once all the rate reductions shuffle through.