The New Top Easy Access Savings Discussion Area

auser99

Valley73 said:

What has happened to Metro?

I have a 1 yr fix 5.8% maturing end of the month. The offer is 1.75%. I will move it to EA at 3.64%. I like Metro, withdrawals are instant if only there rates were better. 

I will move some to the Coventry as I have the triple access 4.75% ( after rate reduction!).

I quite like Metro too, and that brief period they were the best payers was superb.

But that drop off has to be one of the worst seen in years! And does not fill me with any hope for my 5.66% ish 1 year expiring Jan, or 5.8% expiring May/June!

Open to any recommendations for a better rate for EA, with zero hassle set up (i.e. not needing to wait for codes in the post like Vanquis). Not Shawbrook or Kent Reliance, on them already.

allegro120

Valley73 said:

What has happened to Metro?

I have a 1 yr fix 5.8% maturing end of the month. The offer is 1.75%. I will move it to EA at 3.64%. I like Metro, withdrawals are instant if only there rates were better. 

I will move some to the Coventry as I have the triple access 4.75% ( after rate reduction!).

I still have it as 3.95% in my spreadsheet. The last e-mail I had from Metro was on 8th May announcing reduction from 5.22% to 3.95%.  I guess I didn't get the notification about further reductions because my balance has been zero for a long time??? Now opened the app and it shows 3.64%, I wonder if it is Gross (as displayed) or AER?  The've mixed it up in the past, don't know if the issue was fixed or still there.

In any case, there's very little point using this account.  There are other EA accounts with the same capabilities that offer a better rate. 

littlemissbossy

slinger2 said:

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.

RCI

I’ve just had an email about this. It says from 5th December. 

Bridlington1

Tipton BS Loyalty Double Access Saver to be cut from 5% to 4.75% on 4/12/24.

soulsaver

Penrith BS Limited Accss E-Svr1; 4.71% £50k max; 5w/d+clsr; (11/11)***NLA 22/11***

ToastLady

Received email. Ford Money Flexible Saver going down from 4.65% gross (4.75% AER) to 4.41% gross (4.5% AER) from 23/12 

dc_scotland

ToastLady said:

Received email. Ford Money Flexible Saver going down from 4.65% gross (4.75% AER) to 4.41% gross (4.5% AER) from 23/12 

Their Flexible Cash ISA drops on the same date to 4.35% annually, 4.27% monthly for existing accounts.

Rheumatoid

I'm still getting 4.84% gross on my Coventry 

Triple Access Saver (Online) - Monthly

Before I put more in has anyone seen notice of a reduction for this account. I have had notice of reduction on my other accounts but not this one.
Thanks

janusd

Rheumatoid said:

I'm still getting 4.84% gross on my Coventry 

Triple Access Saver (Online) - Monthly

Before I put more in has anyone seen notice of a reduction for this account. I have had notice of reduction on my other accounts but not this one.
Thanks

I received an email on the 19th, the rate is dropping to 4.75% AER / 4.65% Gross on 3rd December.

Your new interest rate

From 3 December 2024, the rate on your Triple Access Saver (Online) will reduce by up to 0.20% gross p.a.

Current rates Annual Monthly Balance AER*/Gross p.a. AER Gross p.a. £0.01 plus 4.95% 4.95% 4.84%

New rates from 3 December 2024 Annual Monthly Balance AER/Gross p.a. AER Gross p.a. £0.01 plus 4.75% 4.75% 4.65%

it's also mentioned in their PDF of rate changes.

Rheumatoid

janusdesign said:

Rheumatoid said:

I'm still getting 4.84% gross on my Coventry 

Triple Access Saver (Online) - Monthly

Before I put more in has anyone seen notice of a reduction for this account. I have had notice of reduction on my other accounts but not this one.
Thanks

I received an email on the 19th, the rate is dropping to 4.75% AER / 4.65% Gross on 3rd December.

Your new interest rate

From 3 December 2024, the rate on your Triple Access Saver (Online) will reduce by up to 0.20% gross p.a.

Current rates Annual Monthly Balance AER*/Gross p.a. AER Gross p.a. £0.01 plus 4.95% 4.95% 4.84%

New rates from 3 December 2024 Annual Monthly Balance AER/Gross p.a. AER Gross p.a. £0.01 plus 4.75% 4.75% 4.65%

it's also mentioned in their PDF of rate changes.

Thanks. Weird I didn't get that when I got messages about the other accounts.