The New Top Easy Access Savings Discussion Area

[Deleted User]

allegro120 said:

[Deleted User] said:

Valley73 said:

[Deleted User] said:

refluxer said:

liger said:

Is today the last day for the boosted chase interest rate?  so move the savings tomorrow when the rate goes down?

Yes, the 1% boost on the Boosted Chase Saver account that was launched around June last year (IIRC) ends today.

I wonder if a mass exodus will lead to Chase at least bumping it back up a little. Wishful thinking!

I don’t think so. I have just moved my funds out. It seems loyalty counts for nothing today!

Yeah most of mine will go in the morning, prob leave a few quid in for emergencies.

Chase was the best for EA savings when they launched 1.5% account until others followed the suit by offering better rates and since then Chase has never offered the top rate.  Even when the boost brought it to 5%, I kept my EA money elsewhere @5.2%.  I always have some money in Chase Saver, but only a small amount for easy internal transfers because I use Chase for cashback.  I like their model, like the app and probably will never leave Chase, but won't use Chase Saver as my main EA account until it will get to the top of the table again.    

Generally I'm the same, when I said emergencies I really meant unexpected/urgent shops, I have to do a fair bit for my Mom and I won't want to faff about transferring funds every time I need to pop somewhere for her.

As you say the cashback is useful so thats why I'll keep a bit in, but it will only be a bit. The rest is going into various EA or limited access accounts of which I have enough to be able to make regular withdrawals if need be.

RedImp_2

Feels like a bit of Deja Vu with Chase.  Remembering when their 1.5% was a top EA and then moved money out when became uncompetitive and juggled the money in and out to get cash back, then back again with boosted saver and now back to moving money out again. 

I was hoping they might offer a renewed bonus but seems not.

refluxer

As of today (17th Jan), the NuWealth / GB Bank Easy Access Savings Account (at 4.86%) is NLA.

infoadict

Just received an email from Cahoot, saying to check messages regarding interest rate drop.

All Sunny Day Saver rates are dropping to 4.75% on 31st March 2025

wiseonesomeofthetime

infoadict said:

Just received an email from Cahoot, saying to check messages regarding interest rate drop.

All Sunny Day Saver rates are dropping to 4.75% on 31st March 2025

Cahoot Sunny Saver
I got the same, however, mine downgrades on 8 March 2025, so do I now get a rate rise (obv not)

allegro120

wiseonesomeofthetime said:

infoadict said:

Just received an email from Cahoot, saying to check messages regarding interest rate drop.

All Sunny Day Saver rates are dropping to 4.75% on 31st March 2025

Cahoot Sunny Saver
I got the same, however, mine downgrades on 8 March 2025, so do I now get a rate rise (obv not)

One of mine downgrades tomorrow together with 5.12% Simple Saver.  I'll distribute £15k across remaining three 5% Sunnies, but having a bit of dilemma about the rest.  Looking through my endless list of EAs and can't find any better option than transferring the funds to Gatehouse's EARS (pays 5% until the end of this month).  According to my notes weekend deposits to Gatehouse arrive on the same day, I hope my notes are not out of date.    

Archerychick

allegro120 said:

wiseonesomeofthetime said:

infoadict said:

Just received an email from Cahoot, saying to check messages regarding interest rate drop.

All Sunny Day Saver rates are dropping to 4.75% on 31st March 2025

Cahoot Sunny Saver
I got the same, however, mine downgrades on 8 March 2025, so do I now get a rate rise (obv not)

One of mine downgrades tomorrow together with 5.12% Simple Saver.  I'll distribute £15k across remaining three 5% Sunnies, but having a bit of dilemma about the rest.  Looking through my endless list of EAs and can't find any better option than transferring the funds to Gatehouse's EARS (pays 5% until the end of this month).  According to my notes weekend deposits to Gatehouse arrive on the same day, I hope my notes are not out of date.    

depends when you make the transfer. Any ring in the afternoon after a certain time is next day unfortunately 

soulsaver

wiseonesomeofthetime said:

infoadict said:

Just received an email from Cahoot, saying to check messages regarding interest rate drop.

All Sunny Day Saver rates are dropping to 4.75% on 31st March 2025

Cahoot Sunny Saver
I got the same, however, mine downgrades on 8 March 2025, so do I now get a rate rise (obv not)

If that's the 12 month term downgrade can you not 'refresh' them for the 4.75%?

jimmeee

Need to move away from Chase now that the boost is expired.

Does anyone know which providers use faster payments in and out of their savings account?

I'd like to replicate the functionality that I have in Chase where I can quickly move cash between savings and my normal Chase current account.

I'm tempted by Marcus.  They are Which recommended and their FAQ says faster payments in and out of linked bank account.  Anyone had experience with them?

Thanks

Archerychick

Chase Savings Account

Now that I’ve lost my boosted saving rate with Chase I’ve moved my savings from that account, leaving 49p. Is there any reason to keep this savings account open?

I have a current account. I just can’t remember if this is one of the banks where if you close an account you can’t have it again, or if that only applies if you close everything?