The New Top Easy Access Savings Discussion Area

stoneman

allegro120 said:

stoneman said:

I was looking at my Santander Edge saver and it says the interest rate is 4.5%. When did that drop from 6

1.50% AER is a bonus rate for the first 12 months from opening, this might explain 4.5%.  Not sure where you see it, both of my Edge Savers are showing 6%.

That’s it. I’ve had it 12 months

Digital_Payback

allegro120 said:

stoneman said:

I was looking at my Santander Edge saver and it says the interest rate is 4.5%. When did that drop from 6

1.50% AER is a bonus rate for the first 12 months from opening, this might explain 4.5%.  Not sure where you see it, both of my Edge Savers are showing 6%.

You should be able to close it and then open the same Edge Saver account at 6%. 

stoneman

allegro120 said:

stoneman said:

I was looking at my Santander Edge saver and it says the interest rate is 4.5%. When did that drop from 6

1.50% AER is a bonus rate for the first 12 months from opening, this might explain 4.5%.  Not sure where you see it, both of my Edge Savers are showing 6%.

Just looked at my wife's and hers is 7%

allegro120

stoneman said:

allegro120 said:

stoneman said:

I was looking at my Santander Edge saver and it says the interest rate is 4.5%. When did that drop from 6

1.50% AER is a bonus rate for the first 12 months from opening, this might explain 4.5%.  Not sure where you see it, both of my Edge Savers are showing 6%.

Just looked at my wife's and hers is 7%

7% is the old rate (no longer available for new applications), the new rate is 6%.

Podseas

Trading212 dropping their rates from 5.17% to 4.9% from 1st December.

pecunianonolet

Podseas said:

Trading212 dropping their rates from 5.17% to 4.9% from 1st December.

From the app: "GBP rate changing to 4.90% from 30/11/2024"

Dizzycap

Podseas said:

Trading212 dropping their rates from 5.17% to 4.9% from 1st December.

Still a good rate and still higher than most

GetRichOrDieSaving

pecunianonolet said:

Podseas said:

Trading212 dropping their rates from 5.17% to 4.9% from 1st December.

From the app: "GBP rate changing to 4.90% from 30/11/2024"

Is that an AER rate?

EDIT - found that it does state that it is AER. 

stoneman

Podseas said:

Trading212 dropping their rates from 5.17% to 4.9% from 1st December.

They were bound to drop it. They only had it high to compete as the top ISA on The Martin Lewis show.

wiseonesomeofthetime

pecunianonolet said:

Podseas said:

Trading212 dropping their rates from 5.17% to 4.9% from 1st December.

From the app: "GBP rate changing to 4.90% from 30/11/2024"

Trading212 Cash ISA

Yeah, app states Saturday, email states Sunday. Either way, it is this weekend.