The New Top Easy Access Savings Discussion Area

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

janusdesign

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.

janusdesign

Rheumatoid said:

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.

i'm not convinced CBS send emails for all accounts - I have 6 accounts with them, 5 of them changed rates, but I only received 3 emails (2 x RS and this TASO).. though I have 3 different TASO accounts, but only received an email for the above TASO account (they'll all changing to 4.75% AER though).

soulsaver

Chrisv said:

Ford Money Flexible Saver - existing customers holders - effective 23 December 2024

Current rate       New lower rate

4.75% Gross      4.50% Gross

Ford Money Flexible Saver 4.75% £1 min (21/8) ***Rate NLA (to  all) 23/11*** now 4.5%

Rate is still applied until 23/12 for existing holders of the account.

Ford always has to do things differently to everyone else...

Bridlington1

@soulsaver

With the string of rate cuts of late the following enter the top 10 if I'm not mistaken:
Family BS Market Tracker Saver (1) 4.65% £500 min
Secure Trust Access Account Issue 19 4.65% £1 min
Vanquis Easy Access Account Issue 4 4.65% £1k min
Chetwood Bank Easy Access Account 4.61% 

ircE

True EA accounts are easy access savings accounts which can be opened, and the headline rate earned, from a balance of just £1, and allow unlimited deposits and withdrawals. This table excludes accounts limited to smaller balances, paid-for/premium accounts and savings marketplaces. True Instant EA accounts are True EA accounts which advertise immediate deposit and withdrawal times 24/7. Red highlights are accounts whose interest rate has lowered and blue highlights are those which are new to the respective table.

Predictably, a lot of carnage since last time following the last base rate drop. Not much of excitement to note except Gatehouse's debut on the scorecard, which may be of interest to some.

winkowinko

any reason why Vanquis (4.65%) isn't on that list?

t1redmonkey

winkowinko said:

any reason why Vanquis (4.65%) isn't on that list?

Due to the £1k minimum balance I would imagine.