The New Top Easy Access Savings Discussion Area

janusdesign

Stargunner said:

happybagger said:

I asked Cahoot by secure message to close my Sunny Day Saver, transferring to my cahoot savings account, so that I could open a new one at 4.75%. Existing one matures soon and I wanted to get in now in case it gets pulled.

Oddly, they told me I can't close it "through this channel" and have to phone them.

A strange reply I thought, given the maturity letter says they are a "digital bank".

I know some on here have said they've got two SDS accounts but I'll stick within the terms. I'll wait until it matures.

The terms state that you can have 2 x Sunny Day savers. 

You are allowed one sole account and one joint account, if that is of any help to you.

I wonder if that's enforced "per issue" as opposed to in total (or just not enforced at all)?? i'm one of those ones that have had all three issues as sole accounts - I had 1 & 2 open and funded at same time, and now have 2 & 3 funded (2 fully and 3 will be after Skipton matures at the weekend)... Cahoot have never queried me about this.

flaneurs_lobster

janusdesign said:

Stargunner said:

happybagger said:

I asked Cahoot by secure message to close my Sunny Day Saver, transferring to my cahoot savings account, so that I could open a new one at 4.75%. Existing one matures soon and I wanted to get in now in case it gets pulled.

Oddly, they told me I can't close it "through this channel" and have to phone them.

A strange reply I thought, given the maturity letter says they are a "digital bank".

I know some on here have said they've got two SDS accounts but I'll stick within the terms. I'll wait until it matures.

The terms state that you can have 2 x Sunny Day savers. 

You are allowed one sole account and one joint account, if that is of any help to you.

I wonder if that's enforced "per issue" as opposed to in total (or just not enforced at all)?? i'm one of those ones that have had all three issues as sole accounts - I had 1 & 2 open and funded at same time, and now have 2 & 3 funded (2 fully and 3 will be after Skipton matures at the weekend)... Cahoot have never queried me about this.

Is the Cahoot SDS "issue number" an official designation or just a way of distinguishing between accounts having differing rates? Does it appear on the description online anywhere, I'm not seeing it.

My Cahoot SDS has a rate of 5%, does that mean that it's Issue 1? 

janusdesign

flaneurs_lobster said:

janusdesign said:

Stargunner said:

happybagger said:

I asked Cahoot by secure message to close my Sunny Day Saver, transferring to my cahoot savings account, so that I could open a new one at 4.75%. Existing one matures soon and I wanted to get in now in case it gets pulled.

Oddly, they told me I can't close it "through this channel" and have to phone them.

A strange reply I thought, given the maturity letter says they are a "digital bank".

I know some on here have said they've got two SDS accounts but I'll stick within the terms. I'll wait until it matures.

The terms state that you can have 2 x Sunny Day savers. 

You are allowed one sole account and one joint account, if that is of any help to you.

I wonder if that's enforced "per issue" as opposed to in total (or just not enforced at all)?? i'm one of those ones that have had all three issues as sole accounts - I had 1 & 2 open and funded at same time, and now have 2 & 3 funded (2 fully and 3 will be after Skipton matures at the weekend)... Cahoot have never queried me about this.

Is the Cahoot SDS "issue number" an official designation or just a way of distinguishing between accounts having differing rates? Does it appear on the description online anywhere, I'm not seeing it.

My Cahoot SDS has a rate of 5%, does that mean that it's Issue 1? 

Issue 1 was 5.2%; Issue 2 is 5.0% and Issue 3 is 4.75%.

SJMALBA

flaneurs_lobster said:

janusdesign said:

Stargunner said:

happybagger said:

I asked Cahoot by secure message to close my Sunny Day Saver, transferring to my cahoot savings account, so that I could open a new one at 4.75%. Existing one matures soon and I wanted to get in now in case it gets pulled.

Oddly, they told me I can't close it "through this channel" and have to phone them.

A strange reply I thought, given the maturity letter says they are a "digital bank".

I know some on here have said they've got two SDS accounts but I'll stick within the terms. I'll wait until it matures.

The terms state that you can have 2 x Sunny Day savers. 

You are allowed one sole account and one joint account, if that is of any help to you.

I wonder if that's enforced "per issue" as opposed to in total (or just not enforced at all)?? i'm one of those ones that have had all three issues as sole accounts - I had 1 & 2 open and funded at same time, and now have 2 & 3 funded (2 fully and 3 will be after Skipton matures at the weekend)... Cahoot have never queried me about this.

Is the Cahoot SDS "issue number" an official designation or just a way of distinguishing between accounts having differing rates? Does it appear on the description online anywhere, I'm not seeing it.

My Cahoot SDS has a rate of 5%, does that mean that it's Issue 1? 

My (now closed as its bonus rate expired) SDS issue 1 was 5% AER (down from 5.2% AER - 18.11.24).

happybagger

You are allowed one sole account and one joint account, if that is of any help to you.

In my case, it isn't  but ta anyway

[Deleted User]

happybagger said:

So, Coventry BS, 
3 Access Saver becomes 5 Access Saver
3 Access Saver online becomes 5 Access Saver online, at 5 Access Saver rate +0.5%
While at the same time they introduce 5 Access Saver (2) at the same rate as the 5 Access Saver
and introduce 5 Access Saver Online (2) at 5 Access Saver (2) rate +0.41%, to be -0.09% lower than 5 Access Saver (Online)

And now there are 2 different versions of the 6 Access Saver (closed) 4.0%, Online (closed) 4.5%, which may have had the 4 Access Savers transferred into, along with Easy Access Saver (6) and Easy Access Saver (online) 6, all at different rates.

Apparently that is all part of the "simplifying savings programme"?!

Must have been trying to find jobs for some numpties from Cooperative Bank.

I for one am confused!

ccdorset

allegro120 said:

ccdorset said:

My cahoot Sunny Day Saver is due to mature into the cahoot Savings Account and the rate is dropping to 1.19%. It looks like I can open a new Sunny Day Saver with them at 4.75% variable.

It seems a decent option, but I can't see it on the MSE Top Savings Accounts page. Thinking this could be because it is only up to £3000?

Ideally, I'm looking for something that allows unlimited same-day withdrawals and the limit of £3000 would be fine for me at the moment.

Could be missing because of the limit. 
Looks like a very good option for you.  Good rate and instant transactions to any bank account you want.

Thank you, I went on to apply, but it looks like I am a little early as my current one matures on 30th Jan. I’ve set a reminder to set up a new one then!

ccdorset

happybagger said:

I asked Cahoot by secure message to close my Sunny Day Saver, transferring to my cahoot savings account, so that I could open a new one at 4.75%. Existing one matures soon and I wanted to get in now in case it gets pulled.

Oddly, they told me I can't close it "through this channel" and have to phone them.

A strange reply I thought, given the maturity letter says they are a "digital bank".

I know some on here have said they've got two SDS accounts but I'll stick within the terms. I'll wait until it matures.

I’m in the same situation, mine matures on 30th Jan, so I’m going to hold out until then and hope it’s still available!

allegro120

janusdesign said:

Stargunner said:

happybagger said:

I asked Cahoot by secure message to close my Sunny Day Saver, transferring to my cahoot savings account, so that I could open a new one at 4.75%. Existing one matures soon and I wanted to get in now in case it gets pulled.

Oddly, they told me I can't close it "through this channel" and have to phone them.

A strange reply I thought, given the maturity letter says they are a "digital bank".

I know some on here have said they've got two SDS accounts but I'll stick within the terms. I'll wait until it matures.

The terms state that you can have 2 x Sunny Day savers. 

You are allowed one sole account and one joint account, if that is of any help to you.

I wonder if that's enforced "per issue" as opposed to in total (or just not enforced at all)?? i'm one of those ones that have had all three issues as sole accounts - I had 1 & 2 open and funded at same time, and now have 2 & 3 funded (2 fully and 3 will be after Skipton matures at the weekend)... Cahoot have never queried me about this.

Cahoot Sunny Day
I have 4 (2x issue1 and 2x issue2), all paying 5%. Opened issue 2 at the beginning of September and had no problems so far.

flobbalobbalob

Chetwood easy access account.
I have text and email alerts turned on but did not get any confirmation that my deposit was received. As Oxbury send an email I was expecting the same but maybe this is not the norm?