The New Top Easy Access Savings Discussion Area

clivep

tonypyorkshire said:

If you're a new customer then that's not a bad idea, you'll get 5% for 6 months, then 3.25% after.

If you're an existing chase customer beware the rate will be going down from 3.5% to 3.25% on 19th Feb

The current chase boost offered to new customers is 1.5% so my understanding is that the current 5% only lasts until 19th Feb then will reduce to 4.75%.

tonypyorkshire

clivep said:

tonypyorkshire said:

If you're a new customer then that's not a bad idea, you'll get 5% for 6 months, then 3.25% after.

If you're an existing chase customer beware the rate will be going down from 3.5% to 3.25% on 19th Feb

The current chase boost offered to new customers is 1.5% so my understanding is that the current 5% only lasts until 19th Feb then will reduce to 4.75%.

You could very well be right Clive, I must admit I hadn't delved that deep into it.

happybagger

Cahoot, I have both my Simple Saver 5.12% and Sunny Day Saver 5% 'maturing' after 12 months yesterday.
Today they have both become Cahoot Savings Account at 1.20%, I checked when I got up early hours, but neither have had the interest added. Odd.

What have others had happen with theirs?

janusdesign

happybagger said:

Cahoot, I have both my Simple Saver 5.12% and Sunny Day Saver 5% 'maturing' after 12 months yesterday.
Today they have both become Cahoot Savings Account at 1.20%, I checked when I got up early hours, but neither have had the interest added. Odd.

What have others had happen with theirs?

This rings a bell with me - it happened to me once when I checked the account early one morning - the interest was added later that same day... I wouldn't worry.

allegro120

happybagger said:

Cahoot, I have both my Simple Saver 5.12% and Sunny Day Saver 5% 'maturing' after 12 months yesterday.
Today they have both become Cahoot Savings Account at 1.20%, I checked when I got up early hours, but neither have had the interest added. Odd.

What have others had happen with theirs?

My Simple and Sunny morphed on 18th January, but interest was added on 19th.  They communicated this in advance so I expected the interest to be added the day after.

soulsaver

Gatehouse EA 4.75%  EPR (11/12)   ***Under review 22/01*** May be available to existing customers for now.

allegro120

soulsaver said:

Gatehouse EA 4.75%  EPR (11/12)   ***Under review 22/01*** May be available to existing customers for now.

I thought it is 4.65% EPR (4.75% AER).  It is a bit confusing, says "4.65% Gross p.a. / AER" on my app.

happybagger

Is 4.65 the monthly rate?

allegro120

happybagger said:

Is 4.65 the monthly rate?

Yes, it is.

Bobblehat

soulsaver said:

Gatehouse EA 4.75%  EPR (11/12)   ***Under review 22/01*** May be available to existing customers for now.

Do you think that this might be an opportunity by Gatehouse to introduce a lower rate on this account from the ERG account that drops to the current rate of this EA on 30/01?

Edit: (Otherwise there would be 2 virtually identical Gatehouse accounts at 4.65%/4.75% by 30/01)