The New Top Easy Access Savings Discussion Area

SJMALBA

flobbalobbalob said:

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?

IME, Chetwood do not send an email/SMS - you'll have to log into your account to confirm (again, IME, deposits arrive within 2 hours).

oz0707

Bobblehat said:

Charter Savings Bank

Charter dropping some of their rates .... notification by email today ...... examples:-

Easy Access Saver Iss46 4.5% AER/4.41% Gross down to 4.25%/4.17% 23rd Jan
Easy Access Iss50 4.38% AER/Gross down to 4.13% 23rd Jan
60 Day Notice Iss33 5.06% AER/4.95% Gross down to 4.81%/4.71% 24th March

No doubt there will be other Charter accounts dropping.

Yeh what is going on with Charter they have been consistently there or thereabouts with the top rates and now dropping

Bobblehat

oz0707 said:

Bobblehat said:

Charter Savings Bank

Charter dropping some of their rates .... notification by email today ...... examples:-

Easy Access Saver Iss46 4.5% AER/4.41% Gross down to 4.25%/4.17% 23rd Jan
Easy Access Iss50 4.38% AER/Gross down to 4.13% 23rd Jan
60 Day Notice Iss33 5.06% AER/4.95% Gross down to 4.81%/4.71% 24th March

No doubt there will be other Charter accounts dropping.

Yeh what is going on with Charter they have been consistently there or thereabouts with the top rates and now dropping

They appear to want to join the "also-ran" club!

Cobbler_tone

Just wasted my time setting up a Cahoot account. I have 7 accounts now and don't think this was a worthwhile addition.

Firstly, it has no app and the platform looks like it was designed by a 6th former in their bedroom.
The interest rate is 3.93%.

I'll stick with my 4.5% from Chase until Thursday and then flip to Gatehouse at 4.65%. 
The Gatehouse transfers are a little clunky but been happening same day.

Stargunner

Cobbler_tone said:

Just wasted my time setting up a Cahoot account. I have 7 accounts now and don't think this was a worthwhile addition.

Firstly, it has no app and the platform looks like it was designed by a 6th former in their bedroom.
The interest rate is 3.93%.

I'll stick with my 4.5% from Chase until Thursday and then flip to Gatehouse at 4.65%. 
The Gatehouse transfers are a little clunky but been happening same day.

With the interest rate only being 3.93%, why did you bother applying for it?
Although their website is antiquated, they are still paying me 5.1% (for another week) and withdrawsls to my nominated account are immediate. 

flaneurs_lobster

Cobbler_tone said:

Just wasted my time setting up a Cahoot account. I have 7 accounts now and don't think this was a worthwhile addition.

Firstly, it has no app and the platform looks like it was designed by a 6th former in their bedroom.
The interest rate is 3.93%.

I'll stick with my 4.5% from Chase until Thursday and then flip to Gatehouse at 4.65%. 
The Gatehouse transfers are a little clunky but been happening same day.

The Sunny Day Saver of no use?
• 4.75% AER/gross (variable) for 1 year on balances up to £3,000. 

Personally I would have checked for an app, if that was a prerequisite, before I'd opened any account.

BigBlueSky

Cobbler_tone said:

Firstly, it has no app and the platform looks like it was designed by a 6th former in their bedroom.
The interest rate is 3.93%.

The Santander app works with Cahoot accounts.  Just login with your Cahoot credentials.  I've been using it with mine for a few months now.

Cobbler_tone

Stargunner said:

Cobbler_tone said:

Just wasted my time setting up a Cahoot account. I have 7 accounts now and don't think this was a worthwhile addition.

Firstly, it has no app and the platform looks like it was designed by a 6th former in their bedroom.
The interest rate is 3.93%.

I'll stick with my 4.5% from Chase until Thursday and then flip to Gatehouse at 4.65%. 
The Gatehouse transfers are a little clunky but been happening same day.

With the interest rate only being 3.93%, why did you bother applying for it?
Although their website is antiquated, they are still paying me 5.1% (for another week) and withdrawsls to my nominated account are immediate. 

I think it was the sunny day offer that attracted me but not showing. I certainly wouldn’t have applied for the rate I’ve been given.

Good tip from the other poster on the Santander app, I’ll give that a go.

gt94sss2

Cobbler_tone said:

Just wasted my time setting up a Cahoot account. I have 7 accounts now and don't think this was a worthwhile addition.

Firstly, it has no app and the platform looks like it was designed by a 6th former in their bedroom.
The interest rate is 3.93%.

I'll stick with my 4.5% from Chase until Thursday and then flip to Gatehouse at 4.65%. 
The Gatehouse transfers are a little clunky but been happening same day.

Cahoot's internet banking is just a version of Santander's with a different colour scheme.

Also, you need to be careful when comparing interest rates that you are comparing equivalent rates to get an accurate comparison.

For instance the Chase 4.5% interest rate is a annual rate while the 3.93% you quote for Cahoot is monthly and its actually 4% AER.

Similarly, the Gatehouse rate is actually 4.75% AER - 4.65% being the monthly equivalent.

jimexbox

Are Gatehouse EA withdrawals 24/7 or office hours only? Ta.