The New Top Easy Access Savings Discussion Area

Middle_of_the_Road

friolento said:

Middle_of_the_Road said:

Middle_of_the_Road said:

ChewyyBacca said:

Middle_of_the_Road said:

ChewyyBacca said:

What are the best Easy access or limited access rate available right now? (NLA accounts included)
I have excess £7000 to be parked for 2 months. 
4.9% seems to be the best one-any other suggestions?

https://www.moneyboxapp.com/cash-isa

Thanks Middle_of_the_Road
Any idea when is this rate going to go down in Dec 24?
Trading 212 just revised their rate to 4.9%

They've recently reduced other accounts, but this ISA has not been affected. No telling how long it will last, but as your timeframe is two months, you could be ok.

Might be holding given that Plum have recently launched one at 5.18%

https://withplum.com/cash-isa

Edit:

Another option for 3k max.

https://www.cahoot.com/products-and-services/cahoot-sunny-day-saver

Seems I've jinxed these two accounts.
Moneybox ISA reducing rate to 4.91% on December the 17th

Cahoot Sunnyday saver now 4.75%

Edit:
Moneybox relates to previous issue at 5.16%
No information regarding current issue at 5.17%

I just had an email from Moneybox to say ISA is going from 5% to 4.75% (including the 1st year bonus) on Dec 17. It was news to me that I am on 5%, especially as the app says 5.16% against my account. 

My email said they're reducing the underlying rate from 4.25% to 4%.
With the bonus rate of 0.91% continuing to apply.  

we’re writing to let you know that the underlying interest rate on your Moneybox Cash ISA is changing from 4.25% AER (variable) to 4% AER (variable). This change is in response to the Bank of England’s recent base rate decrease.

The new underlying interest rate will come into effect from 17/12/2024 - and you’ll earn it if your account balance is over £500 and you haven’t made four or more withdrawals in your current 12-month period. If either of these apply to you, you’ll earn a lower rate of 0.75% AER.

If you’re also currently eligible to earn an introductory bonus rate, this will continue to apply until it expires.

happybagger

And mine goes from 4.7 to 4.45 basic (+0.47%12 month bonus = 4.92%)  
I didn't realise there were different issues here

flaneurs_lobster

happybagger said:

And mine goes from 4.7 to 4.45 basic (+0.47%12 month bonus = 4.92%)  
I didn't realise there were different issues here

Ditto. There doesn't seem to be any descriptive difference between these differently rated products other than the rate itself.

It seems that Moneybox treat the interest rate they offer from day to day rather like Tesco pricing their products, it's dynamic and reactionary. 

Looking forward to BOGOF.

soulsaver

Latest ToTP - Links & rates checked 11.00hrs today.

1 Atom Bank Rewards Instant Saver - 4.85% if no withdrawals in mth (14/10) App only

2 Monument Bank EA 4.81% £25k min overall; (new rate 03/09)

3 YBS Online Rainy Day Account Issue 2 4.80% £10k max FR, 2 w/d days/yr (30/09) -> 4.55% from 10/12

4 Ulster Bank Loyalty Svr   reduced to 4.75% (14/10) -> 4.50% from 20/01/25

5 Chetwood Bank Easy Access Account  4.71% (25/11)

6 Principality BS Online Bonus Tri Issue4 - 4.70% inc.1.5% 1st yr bonus(wef 05/12)

7 Close Bros 4.70% £10k minFR (13/11) 

8 Secure Trust Access Account Issue 19 4.65% £1 min (23/11)

9 Family BS Market Tracker Saver (1) 4.65% £500 min (23/11)

10 Vanquis Easy Access Account Issue 4 4.65% £1k min (15/11)

SeriousHoax

Hi, what are the transfer times like from Monument for making withdrawals?

qsk

My Gatehouse house regular saver matures into an "Easy Access Regular Saver Is1" with 5%. I couldn't find TC for it. Anyone know if it's Easy Access (without monthly limit) or Regular Saver (with  monthlylimit)? The name has both

csw5780

qsk said:

My Gatehouse house regular saver matures into an "Easy Access Regular Saver Is1" with 5%. I couldn't find TC for it. Anyone know if it's Easy Access (without monthly limit) or Regular Saver (with  monthlylimit)? The name has both

This has been discussed extensively over on the RS thread
https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1633 👍🏻

Bobblehat

qsk said:

My Gatehouse house regular saver matures into an "Easy Access Regular Saver Is1" with 5%. I couldn't find TC for it. Anyone know if it's Easy Access (without monthly limit) or Regular Saver (with  monthlylimit)? The name has both

Welcome to the club of people waiting for the apparently non-existent T&C's! To save you reading through pages and pages on that thread ....

It's easy access with no restrictions on withdrawals, but it may take a day to receive the funds if withdrawn after 1pm. Minimum balance is £1, you can change whether Annual or Monthly(4.89%) EP and have the EP paid out to your linked account or back into the EA account. You can only deposit from your linked account up to a max of £250K total.

Essentially Gatehouse CS said its just like their regular Easy Access account. Think that covers most of the main points.

Edit: To deposit, use the ERG account code as the reference. You don't get a 9 digit reference number because the account is converted from the RS rather than one you applied for, so no 9 digit code, just the ERG code.

flaneurs_lobster

qsk said:

My Gatehouse house regular saver matures into an "Easy Access Regular Saver Is1" with 5%. I couldn't find TC for it. Anyone know if it's Easy Access (without monthly limit) or Regular Saver (with  monthlylimit)? The name has both

Nobody knows! Most people have assumed that it's an Easy Access with the same T&C's as their existing EA account but with a higher Expected Profit Rate. 

Bobblehat

flaneurs_lobster said:

qsk said:

My Gatehouse house regular saver matures into an "Easy Access Regular Saver Is1" with 5%. I couldn't find TC for it. Anyone know if it's Easy Access (without monthly limit) or Regular Saver (with  monthlylimit)? The name has both

Nobody knows! Most people have assumed that it's an Easy Access with the same T&C's as their existing EA account but with a higher Expected Profit Rate. 

My comments are not quite an assumption .... but admit that verbals from Gatehouse CS are a poor substitute for written/published real T&C's