The New Top Easy Access Savings Discussion Area

soulsaver

friolento said:

WoodwardM said:

PS: Sorry I can't give you a link, but I'm not allowed to do that yet (as classed as Newbie).
I haven't mentioned the NuWealth GB Bank saving acct, paying 4.86%, as this takes 1 day to pay in/out.
If Chase/Ulster not an option for you , just follow the "True Instant EA" table in the above link from Refluxer.

This looks a good account for up to £25k, and up to 12 months. Withdrawals next business day only, though https://nuwealthapp.com/gb-bank-easy-access

With thanks to @WoodwardM

As usual for these type of non bank marketing fronts: It'll get listed - but not ranked.
 

friolento

NuWealth account

Deposits looking disappointingly slow. Whilst Open Banking (via Truelayer) is available, the deposited money goes into Pending and is not added to the balance instantly. 

I haven’t tried Bank Transfer as that looks even slower 

Bridlington1

@soulsaver
Close Brothers EA Issue 5 4.70% £10k min

Stargunner

soulsaver said:

WoodwardM said:

bilko89 said:

Sorry if I'm bringing the tone down a bit (you all seem very educated on this topic!) I'm starting my emergency fund and instead of it sitting in my current accounts accompanying savings account (Monzo @ 3.6% AER) I found myself back to old faithful MSE and found this very in depth but confusing for me thread. 

Of course I'd be looking for an easy access account as if I have that emergency, I need the funds fast but I'm just a little confused at where to start to be honest. Is it as easy as picking the first one on the list (the no comment EA Savings thread) ? 

As per Refluxer, the best one is Chase, but this 5% rate is for NEW chase customers only.  So if you're an olf Chase customer the next best one (not listed in table as you need £5k+ to get this rate) is Ulster Loyalty Saver which pays 4.75%, decreasing to 4.5% on 20/01.  This is truly "within-the-minute" access for payments in & out. NB downside is you need £5k in there to get this rate, otherwise only 1.5%.

Note: Chase 5.0% is for 6 months only, when it will drop to their open-to-all rate at the time.

Ulster Bank saver is listed in the ToTP 'No Chat' list (No.5 ATM) although it will likely drop off altogether when it reduces - unless the others' reductions catch it up... 

The 5% boosted rate for new customers will drop to 4.75% from the 19th February when Chase reduce their saver account AER from 1.25% to 1.5% below the BOE base rate.”

friolento

soulsaver said:

friolento said:

WoodwardM said:

PS: Sorry I can't give you a link, but I'm not allowed to do that yet (as classed as Newbie).
I haven't mentioned the NuWealth GB Bank saving acct, paying 4.86%, as this takes 1 day to pay in/out.
If Chase/Ulster not an option for you , just follow the "True Instant EA" table in the above link from Refluxer.

This looks a good account for up to £25k, and up to 12 months. Withdrawals next business day only, though https://nuwealthapp.com/gb-bank-easy-access

With thanks to @WoodwardM

As usual for these type of non bank marketing fronts: It'll get listed - but not ranked.
 

It's an account by GB Bank, who have held a full UK banking licence since August 2022.

It seems an arbitrary exclusion when the likes of Chip are in your rankings.

UVRay

MichaelAP said:

moi said:

SeriousHoax said:

I've got chip easy access from a few weeks ago and it's still showing 4.75% When will it show the new 4.85% [?]

 It's the bonus they've increased, from 0.93% to 1.03% not the underlying variable tracker rate of 3.82% AER/3.75% Gross. I guess that means it's only for new customers/accounts. Not those of us who opened with 1 year 0.93% bonuses. 

Yes, bonus rate increase only for new customers. Mine is still at the 0.77% when opened on day one. It is quite disheartening when Chip do this only for new customers, especially when you cannot close the account and start afresh.

Same, but am I miss-remembering this or was there previously only one withdrawl per year allowed before the rate dropped? It's now 3 per year on this new rate and it's also saying 3 per year in the account details on the app for my old account.

10_66

UVRay said:

MichaelAP said:

moi said:

SeriousHoax said:

I've got chip easy access from a few weeks ago and it's still showing 4.75% When will it show the new 4.85% [?]

 It's the bonus they've increased, from 0.93% to 1.03% not the underlying variable tracker rate of 3.82% AER/3.75% Gross. I guess that means it's only for new customers/accounts. Not those of us who opened with 1 year 0.93% bonuses. 

Yes, bonus rate increase only for new customers. Mine is still at the 0.77% when opened on day one. It is quite disheartening when Chip do this only for new customers, especially when you cannot close the account and start afresh.

Same, but am I miss-remembering this or was there previously only one withdrawl per year allowed before the rate dropped? It's now 3 per year on this new rate and it's also saying 3 per year in the account details on the app for my old account.

The one I opened in Oct 24 had 3 withdrawals.

HHUK

Coventry BS Triple Access Saver (Online)

Apologies if  this has already been covered.

I received an email today advising that my Triple Access Saver (Online) has now morphed into a 5 Access Saver (Online), which means it's now possible to make up to five withdrawals a year without charge or loss of interest. At 4.75% it would seem to me to be a not unattractive option.

mebu60

HHUK said:

Coventry BS Triple Access Saver (Online)

Apologies if  this has already been covered.

I received an email today advising that my Triple Access Saver (Online) has now morphed into a 5 Access Saver (Online), which means it's now possible to make up to five withdrawals a year without charge or loss of interest. At 4.75% it would seem to me to be a not unattractive option.

Has it own thread:
Coventry BS 5 Access Saver - Page 2 — MoneySavingExpert Forum

Salient points are that the 'year' is now from 07:01:25 and the counter was reset to zero yesterday so you have 5 penalty-free withdrawals prior to 07:01:26 when it will reset again. The 4.75% product is NLA. No limited access accounts are currently listed as available on their website.

The assumption is that interest will continue to be paid on the anniversary date. 

easysaver

Gatehouse Easy Access
I know that if I make a deposit after 1pm it'll only show on my account just after 1pm on the next business day but if I make a deposit now (i.e. after the cut-off) will it be dated today and earn interest from today or will it be dated tomorrow?
Trying to figure out whether to send funds to Gatehouse or elsewhere overnight.
Thanks in advance