The New Top Easy Access Savings Discussion Area

InvesterJones

mattojgb said:

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.

I think there are some others NLA with higher rates, or same rate but unlimited withdrawals for those that have them, but since they're NLA, not much you can do about them

jaypers

Just received an email from Cahoot.

KevinG

jaypers said:

Just received an email from Cahoot.

4.85% guaranteed until February is pretty good going, I'm glad I have most of my money in there.

pecunianonolet

PLUM

We’re writing to let you know that the interest rate on your Easy Access Interest Pocket, provided by our partner Investec, will be updated from 3 December, 2024. The rate on these Interest Pockets will be adjusted as follows:

• Premium Easy Access Savings rate is changing from 4.59% AER (variable) to 4.38% AER (variable) 

• Standard Easy Access Savings rate is changing from 4.05% AER (variable) to 3.89% AER (variable)

• Basic Easy Access Savings rate is changing from 3.89% AER (variable) to 3.74% AER (variable)

pecunianonolet

HSBC Online Bonus Saver

t1redmonkey

It looks like Ford Money have relaunched their Flexible Saver account, but now it's 4.5% rather than 4.75%.  The previous Flexible Saver is still showing as 4.75% when I view it in my account though.  Unsure if that will reduce or not to match the new one, bit confusing really since they don't have different issue numbers as far as I can tell!

Bob2000

t1redmonkey said:

It looks like Ford Money have relaunched their Flexible Saver account, but now it's 4.5% rather than 4.75%.  The previous Flexible Saver is still showing as 4.75% when I view it in my account though.  Unsure if that will reduce or not to match the new one, bit confusing really since they don't have different issue numbers as far as I can tell!

I've actually  got a question about the account. 
If l open the flexible  saver can l then open their regular saver  and move  cash across from it?

t1redmonkey

Bob2000 said:

t1redmonkey said:

It looks like Ford Money have relaunched their Flexible Saver account, but now it's 4.5% rather than 4.75%.  The previous Flexible Saver is still showing as 4.75% when I view it in my account though.  Unsure if that will reduce or not to match the new one, bit confusing really since they don't have different issue numbers as far as I can tell!

I've actually  got a question about the account. 
If l open the flexible  saver can l then open their regular saver  and move  cash across from it?

You can move money between those accounts yes, whether in the app or on the desktop site.

InvesterJones

t1redmonkey said:

It looks like Ford Money have relaunched their Flexible Saver account, but now it's 4.5% rather than 4.75%.  The previous Flexible Saver is still showing as 4.75% when I view it in my account though.  Unsure if that will reduce or not to match the new one, bit confusing really since they don't have different issue numbers as far as I can tell!

They would need to give notice ahead of lowering the rate so I think you'll still be on 4.75%

mebu60

t1redmonkey said:

It looks like Ford Money have relaunched their Flexible Saver account, but now it's 4.5% rather than 4.75%.  The previous Flexible Saver is still showing as 4.75% when I view it in my account though.  Unsure if that will reduce or not to match the new one, bit confusing really since they don't have different issue numbers as far as I can tell!

I guess they could differentiate by account number range. Expect it will reduce for us sooner rather than later. 

I've not heard anything from Tesco or Chetwood either. Currently filling the latter and the former will soon follow unless or until their reductions.