The New Top Easy Access Savings Discussion Area

[Deleted User]

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.

Bridlington1

uscool said:

Gatehouse EA doesn't seem to be available anymore

It seems to be still available when logged into online banking as an existing customer though so I can't see anything at present to stop you from applying for one of their other accounts, not funding it and then opening the EA account in online banking.

ircE

soulsaver said:

ircE said:

Chip's Instant Access Saver @ 4.70% for new users (3.75% underlying rate + 0.95% 6-month bonus rate).

I didn't spend much time on it, but it doesn't seem any advantage over the still available 4.85% AER Easy Access Saver Account | Chip?

Is the latter becoming NLA to new customers?

As jaypers said, looks like the unlimited withdrawals is the only difference. Also this one's bonus rate only applies for 6 months, as opposed to 12. Both accounts existed before the bonus rates applied so I wouldn't take this to mean the higher rate one is about to go NLA.

allegro120

[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.    

[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.