The New Top Easy Access Savings Discussion Area

jaypers

masonic said:

s71hj said:

Archerychick said:

jaypers said:

Archerychick said:

Is there a list anywhere of which of the top instant access savers are instant transfers? 

I’m about to loose my bonus rate on Chase, which is instant into my current account. Have opened an EA with Gatehouse but that is sometimes hours or even the next day which won’t work for me. 

It looks like the next one on the list would be Chetwood without any withdrawal or balance restrictions - is that instant? 

Cahoot (part of Santander) are immediate Faster Payments. Their Sunny Day Saver pays 4.75% up to £3k and you can have 1 sole plus 1 joint account. Rate lasts for 12 months (variable). Might be a good backup for other accounts you might have that aren’t immediate.

That’s perfect, thank you! 

I could keep max £3k in that & then any other top EA that doesn’t need to be instant 

I made a withdrawal from Cahoot today and confirm it was literally instantly showing in my Santander current account.

The same is true for external transfers in my experience.

Without exception (so far) my experience is between Cahoot to/from Barclays and Chase……..always instant, so Cahoot are likely bolted onto the same Faster Payments set-up as their big brother (Santander). 

spreadsheeterapple

flaneurs_lobster said:

spreadsheeterapple said:

Leather-bound ledgers, sturdy dark oak desks & tables, we could have been a film set for Dickens but it was real life even as recent as '85 before fully computerised. That's not 1885, I'm not a time-traveller.

Well I hope that's given a few laughs !

Be interested if you are happy to share where that was. One of the private banks?

The BoE Museum (well worth a visit) has (had?) an exhibit featuring the accounts office c 1850, had an original ledger from the time, those things are huge.

It was actually a Big-4 high street bank in its day and somewhere around mid 1930s was the biggest worldwide in respect of deposit-takings. But the mighty fall; taken over 1990s. But massive heavy dark oak for desks, cashier counters, cubicles & panelling was a common feature in banks built late C19th/early C20th, trying to out-do eachother; many didn't have refurbs removing them for many many years, so we were still working in them into the C21st. One of the big branches I worked in, the one I was mostly recalling above, has since turned into a high-end restaurant keeping much of the interior for its atmospherics; massive building, the several upper floors now expensive apartments overlooking Cardiff Bay, redeveloped from The Docks. Its London Head Office was similar and now a really posh hotel; again they didn't do away with all the atmospheric interiors and it's a listed building anyway, one of the many Lutyens.
- I've not seen BofE Museum, but yeah I'm happy to see you found those ledgers are as huge as I described; 2 people to move them!

Apology, my crime in diverging again from Top Easy Access.

flaneurs_lobster

spreadsheeterapple said:

flaneurs_lobster said:

spreadsheeterapple said:

Leather-bound ledgers, sturdy dark oak desks & tables, we could have been a film set for Dickens but it was real life even as recent as '85 before fully computerised. That's not 1885, I'm not a time-traveller.

Well I hope that's given a few laughs !

Be interested if you are happy to share where that was. One of the private banks?

The BoE Museum (well worth a visit) has (had?) an exhibit featuring the accounts office c 1850, had an original ledger from the time, those things are huge.

It was actually a Big-4 high street bank in its day and somewhere around mid 1930s was the biggest worldwide in respect of deposit-takings. But the mighty fall; taken over 1990s. But massive heavy dark oak for desks, cashier counters, cubicles & panelling was a common feature in banks built late C19th/early C20th, trying to out-do eachother; many didn't have refurbs removing them for many many years, so we were still working in them into the C21st. One of the big branches I worked in, the one I was mostly recalling above, has since turned into a high-end restaurant keeping much of the interior for its atmospherics; massive building, the several upper floors now expensive apartments overlooking Cardiff Bay, redeveloped from The Docks. Its London Head Office was similar and now a really posh hotel; again they didn't do away with all the atmospheric interiors and it's a listed building anyway, one of the many Lutyens.
- I've not seen BofE Museum, but yeah I'm happy to see you found those ledgers are as huge as I described; 2 people to move them!

Apology, my crime in diverging again from Top Easy Access.

Ah, The Ned on Poultry (my Glaswegian friends find the name hilarious). Used to visit there quite often when it was still The Midland's Head Office. Beautiful interior, extended throughout not just the grand banking hall.

ircE

Happy new year everyone.

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. Green highlights are accounts who have raised interest rates, and blue highlights are those which are new to the respective table.

A quiet but not completely uneventful festive period. Since last time, Chase's already table-topping offering has risen. At the same time, Skipton launched a new account with a bonus rate and cahoot's latest Simple Saver allows it to return to the scorecard.

Patr100

spreadsheeterapple said:

flaneurs_lobster said:

spreadsheeterapple said:

Leather-bound ledgers, sturdy dark oak desks & tables, we could have been a film set for Dickens but it was real life even as recent as '85 before fully computerised. That's not 1885, I'm not a time-traveller.

Well I hope that's given a few laughs !

Be interested if you are happy to share where that was. One of the private banks?

The BoE Museum (well worth a visit) has (had?) an exhibit featuring the accounts office c 1850, had an original ledger from the time, those things are huge.

It was actually a Big-4 high street bank in its day and somewhere around mid 1930s was the biggest worldwide in respect of deposit-takings. But the mighty fall; taken over 1990s. But massive heavy dark oak for desks, cashier counters, cubicles & panelling was a common feature in banks built late C19th/early C20th, trying to out-do eachother; many didn't have refurbs removing them for many many years, so we were still working in them into the C21st. One of the big branches I worked in, the one I was mostly recalling above, has since turned into a high-end restaurant keeping much of the interior for its atmospherics; massive building, the several upper floors now expensive apartments overlooking Cardiff Bay, redeveloped from The Docks. Its London Head Office was similar and now a really posh hotel; again they didn't do away with all the atmospheric interiors and it's a listed building anyway, one of the many Lutyens.
- I've not seen BofE Museum, but yeah I'm happy to see you found those ledgers are as huge as I described; 2 people to move them!

Apology, my crime in diverging again from Top Easy Access.

Well those ledgers certainly weren't Easy Access, were they?  

simonsmithsays

Notts BS (the old Beehive app) is showing this:

Bonus Access Saver 7

4.50%

AER/p.a. gross

Variable interest including a 2.00% variable bonus until 31/01/2026

UK residents aged 18 or over

Open online with £1,000 today

Maximum balance £250,000

Earn annual interest

Unlimited penalty-free withdrawals

Manage your account on the go

friolento

How quick / slow are withdrawals from the Notts BS bonus saveer?

EDIT: found the answer in their general T&Cs. Sadly not instant withdrawals 😭

happybagger

Notts online setup is rubbish. Tried to do this this morning. Tried registering, says my email is not unique. Probably from an aborted attempt to set up months ago. So did the "password reminder" thing. Asks me to select a memorable question from the list below. None show, as none were originally set up.

So I think I'll set up using a different email. No, I get the same thing when it comes to entering my mobile. It's not unique. Again probably because of the first attempt months ago to set up.

Why retain the details when you don't even manage to register, never mind open an account?

Before I phone them, can anyone confirm if you still need a camera to do a selfie to open an account here? It doesn't say so in the "how to open an account" section, it just says photo ID, which I have scanned on my PC. I see they use onfido as a "trusted partner" which normally requires a camera.

Ta

PS Just tried to use the contact us form, even that won't send, it says there are special characters in the message, which there aren't. I even removed all punctuation and it still failed.

Too busy spending time on the rebrand methinks.

GalacticaActual

Email received from Nationwide Building Society this morning regarding changes to some of their interest rates from 1st February 2025, which is in relation to the Bank of England's reduction in the base rate from 5% to 4.75% on 7th November 2024.

https://www.nationwidemediacentre.co.uk/news/nationwide-adjusts-savings-rates-following-bank-rate-decrease-1

Nationwide will lower rates by between 0.10%-0.25% with most accounts receiving a smaller rate reduction than the 0.25% movement in Base Rate.  The majority of accounts aimed at encouraging a regular savings habit are not being reduced, with the Flex Regular Saver 3 (6.50%), Start to Save (5.50%) and FlexOne Saver (5.00%) accounts unchanged.

Link to the full PDF list of savings accounts, with applicable new interest rates from 1st February 2025: https://www.nationwide.co.uk/-/assets/nationwidecouk/documents/savings/smd1342-important-changes-to-some-of-our-savings-account-rates.pdf?rev=debaafe43631419c807e0c158b3866a4

soulsaver

Dear Furness BS Member

Interest rate decrease to Double Access Saver (NLA 11/11/24)

We regularly review our savings interest rates to take into account what’s happening in the wider financial marketplace and we’re writing to let you know the interest rate on your savings is going to change. 

As you may be aware, the Bank of England decreased the Base Rate on 7th November 2024 and it is now at 4.75%.  As a result of this, we’re changing the interest rate on your savings with effect from 20th January 2025. 

Below is a summary of the changes:

Current Rate	New Rate	Effective Date
4.90% Gross/AER*	4.65% Gross/AER*	20th January 2025

ETA 2024 corrected to '25 - Furness error reproduced by cut & paste...