The New Top Easy Access Savings Discussion Area

oz0707

I've just gone to log onto Charter. I had email the other day that Easy Access 47 rate is reducing from 4.03% to 3.78%. Yet when I go on the charter website and click their easy access link they are showing an account available Easy Access 56 @ 4.57%. Obviously it would be a variable rate but what is going on. Have I not been on the ball enough in updating to the latest rate as you used to have to do at Cynergy or are all the rates coming down soon?

qbadger

masonic said:

...but sometimes contrary views may be expressed by other contributors.

Au contrarie mon frere!

jaypers

oz0707 said:

I've just gone to log onto Charter. I had email the other day that Easy Access 47 rate is reducing from 4.03% to 3.78%. Yet when I go on the charter website and click their easy access link they are showing an account available Easy Access 56 @ 4.57%. Obviously it would be a variable rate but what is going on. Have I not been on the ball enough in updating to the latest rate as you used to have to do at Cynergy or are all the rates coming down soon?

This is quite common with Charter and you have to keep an eye on the different issues. Can be a little frustrating. Your best bet if you are leaving your money there would be to open up the new issue and just do an internal transfer from old to new.

schiff

qbadger said:

masonic said:

...but sometimes contrary views may be expressed by other contributors.

Au contrarie mon frere!

Au contraire mon frere (accent grave au dessus des deuxieme lettres e SVP)

oz0707

jaypers said:

oz0707 said:

I've just gone to log onto Charter. I had email the other day that Easy Access 47 rate is reducing from 4.03% to 3.78%. Yet when I go on the charter website and click their easy access link they are showing an account available Easy Access 56 @ 4.57%. Obviously it would be a variable rate but what is going on. Have I not been on the ball enough in updating to the latest rate as you used to have to do at Cynergy or are all the rates coming down soon?

This is quite common with Charter and you have to keep an eye on the different issues. Can be a little frustrating. Your best bet if you are leaving your money there would be to open up the new issue and just do an internal transfer from old to new.

Surely at 4.57 they are towards the top rates without silly apps or emailing statements to people? I don't use any app only accounts. 

Or are they planning a drop on the 4.57 acc soon too,

jaypers

oz0707 said:

jaypers said:

oz0707 said:

I've just gone to log onto Charter. I had email the other day that Easy Access 47 rate is reducing from 4.03% to 3.78%. Yet when I go on the charter website and click their easy access link they are showing an account available Easy Access 56 @ 4.57%. Obviously it would be a variable rate but what is going on. Have I not been on the ball enough in updating to the latest rate as you used to have to do at Cynergy or are all the rates coming down soon?

This is quite common with Charter and you have to keep an eye on the different issues. Can be a little frustrating. Your best bet if you are leaving your money there would be to open up the new issue and just do an internal transfer from old to new.

Surely at 4.57 they are towards the top rates without silly apps or emailing statements to people? I don't use any app only accounts. 

Or are they planning a drop on the 4.57 acc soon too,

They are Web only. They don’t have an app. It’s an Easy Access account so it could change anytime. If they do, you can move your money whenever you want to. Only Charter will be able to confirm when they might change any rates but certain issues seem to keep their rates longer than I’ve sometimes expected. 

soulsaver

EthicsGradient said:

And the Close Brothers link goes to a "this account no longer available" page:Sorry, this account is not currently available

Close EA Iss5  4.70% £10k Min for the rate. Appears available again...

AndyTh_2

Cynergy most issues seem to be 4.55% now (other than the ones that were already lower rate), but I didn't get the email. Does anyone have the date they were reducing?

pokemaster

AndyTh_2 said:

Cynergy most issues seem to be 4.55% now, but I didn't get the email. Does anyone have the date they were reducing?

2nd Dec 2024

oz0707

jaypers said:

oz0707 said:

jaypers said:

oz0707 said:

I've just gone to log onto Charter. I had email the other day that Easy Access 47 rate is reducing from 4.03% to 3.78%. Yet when I go on the charter website and click their easy access link they are showing an account available Easy Access 56 @ 4.57%. Obviously it would be a variable rate but what is going on. Have I not been on the ball enough in updating to the latest rate as you used to have to do at Cynergy or are all the rates coming down soon?

This is quite common with Charter and you have to keep an eye on the different issues. Can be a little frustrating. Your best bet if you are leaving your money there would be to open up the new issue and just do an internal transfer from old to new.

Surely at 4.57 they are towards the top rates without silly apps or emailing statements to people? I don't use any app only accounts. 

Or are they planning a drop on the 4.57 acc soon too,

They are Web only. They don’t have an app. It’s an Easy Access account so it could change anytime. If they do, you can move your money whenever you want to. Only Charter will be able to confirm when they might change any rates but certain issues seem to keep their rates longer than I’ve sometimes expected. 

Thats what i'm saying at this rate they must be close to the best buys, certainly for a bank who aren't demanding you access via an app.

As to when they will reduce rates I am wondering if anyone has had an email announcing these rates are dropping soon? I have had one for the issue 47 that is reducing soon. I'd imagine the other are too?