The New Top Easy Access Savings Discussion Area

pfpf

wow, thanks all.

SDS is issue 1 11/08/25

Tandem TopUP is active till 9/08/25.

thanks again.

Starmer24

Malchester said:

Starmer24 said:

Hi pot pickers!  

Anyone reccomend me a "non nonsense" online Easy Access savings account for >£10k that doesnt have a limit on withdrawls, doesnt have tiered rates depending on the withdrawls made, doesnt need to be App only (wife somehow failed the Atom ID check?), has quick payments and ideally mthly interest?

Just need something straight fwd to operate and ideally a biggish name.

(she already has Marcus, Cynergy and Ulster)

Thank you!

I have account with Wealthify for just that purpose. Not the best interest rate (4.39%) but instant transfer both in and out and can be operated via Web or app. Have found them excellent.

Also look at Investec online only (no app) but virtually instant deposits and withdrawals but again, not the best rate (4.4%). Again I have found them good 

Many thanks for the suggestions - just painlessly opened Investec upon your recommendation.

happybagger

jimexbox said:

If you want an instant access for an emergency pot you don't intend to access, obviously unless you have an emergency. Atom have an instant access saver at 4.85% AER. If you withdraw it drops to 3.25% AER for a month.  

But for @Starmer24 's reference this is not an option, as Atom is app only, which they excluded.

happybagger

Starmer24 said:

Many thanks for the suggestions - just painlessly opened Investec upon your recommendation.

The two Family BS accounts available (Online, unlimited withdrawals; or Market Tracker (20 withdrawals annually) may be useful if there are no plans to withdraw more than 25k in a day. A touch higher than the Investec rate

refluxer

pfpf said:

finally, Chase. is it best to just withdraw everything and keep the account open? i know Chase can be tricky to open new account after closing, is that just the current account? would i be able to open a new savings account if needed?

I think it's definitely worth keeping the current account open, particularly if you make use of the cashback on purchases. I also suspect they'll offer a new Saver with a bonus rate at some stage and, as mentioned above, they may not let you rejoin if you leave in the meantime.

pfpf

refluxer said:

pfpf said:

finally, Chase. is it best to just withdraw everything and keep the account open? i know Chase can be tricky to open new account after closing, is that just the current account? would i be able to open a new savings account if needed?

I think it's definitely worth keeping the current account open, particularly if you make use of the cashback on purchases. I also suspect they'll offer a new Saver with a bonus rate at some stage and, as mentioned above, they may not let you rejoin if you leave in the meantime.

thanks. my reference to "closing" the Chase was purely related to the savings account, i'll always keep the current account open.
i'm just wondering which may be better for any potential bonus/new accounts, and indeed if you can open a new savings account if you close one!

refluxer

pfpf said:

thanks. my reference to "closing" the Chase was purely related to the savings account, i'll always keep the current account open.
i'm just wondering which may be better for any potential bonus/new accounts, and indeed if you can open a new savings account if you close one!

Ah - gotcha. Closing the Saver account you currently have won't prevent you from opening another in the future. It's likely you'd have to open a new one to take advantage of any future bonus rate offers anyway.

I think the only benefit to keeping it open would be if you wanted to make use of it as a temporary holding account for any money heading into the current account (rather than paying large amounts into the current account and earning no interest), but if you're intending on funding the current account regularly from elsewhere, then I guess that wouldn't be necessary.

Bobblehat

Gatehouse ERG and EAA ...

When the Gatehouse ERG account drops to 4.65%/4.75% tomorrow, which is the same rate as the Gatehouse EAA account, can anyone see any possible reason to keep the EAA open as well as the ERG?

Marcoos

Cahoot Sunny Day Saver

Mine matured today, it's converted to the 1.20% saver. But no interest yet, which I'm guessing will come through tomorrow?

Am I able to open a new Sunny Day Saver now, move the £3k and leave the 1.20% account open while waiting on the interest?

poppystar

I’m moving most savings from Chase but still want to put in the monthly amount to get cash back. Is there anything to stop me from putting in that amount each month then withdrawing it during the month less whatever I’m likely to spend? It feels wrong. What are others doing?