The New Top Easy Access Savings Discussion Area

Bridlington1

Middle_of_the_Road said:

Bridlington1 said:

@soulsaver
Chase Saver 'Boosted' 5.10% until Nov/Jan to go NLA tomorrow.

MSE published an article yesterday. The link was only posted in the active Chase thread.

https://www.moneysavingexpert.com/news/2024/07/chase-boosted-saver-last-chance/

Thanks for pointing this out, I must be getting slower these days. That being said the Chase thread isn't one I've been following.

pecunianonolet

I don't really need the Chase savings account as I have enough other accounts paying equal or same, I don't need the current accounts for any future bank switches, I pay everything on credit card. 

Any other reason why I may still want this account?

allegro120

pecunianonolet said:

I don't really need the Chase savings account as I have enough other accounts paying equal or same, I don't need the current accounts for any future bank switches, I pay everything on credit card. 

Any other reason why I may still want this account?

In the current environment (the rates are on decline) it is good to have as many backups as possible, especially the ones without caveats.

pecunianonolet

allegro120 said:

pecunianonolet said:

I don't really need the Chase savings account as I have enough other accounts paying equal or same, I don't need the current accounts for any future bank switches, I pay everything on credit card. 

Any other reason why I may still want this account?

In the current environment (the rates are on decline) it is good to have as many backups as possible, especially the ones without caveats.

I've got 9 credit cards, over 20 current accounts and many, many more savings and regular savings accounts already so I don't think I need yet another account to sit at minimum balance. I think I have enough backup, it is more about any other hidden advantages or perks, which could make it worthwhile.

Most of the savings will be spend within the next 9-12 months on property abroad when relocating tax residency away from UK (pending work arrangements) so it would just be another account to close down if I can't take it with me. 

Angelica123

pecunianonolet said:

I don't really need the Chase savings account as I have enough other accounts paying equal or same, I don't need the current accounts for any future bank switches, I pay everything on credit card. 

Any other reason why I may still want this account?

Once you close a Chase account, you currently can't open an account again with them in the future. It's worth keeping your current account with them open with them in case they offer something in future that you like. 

Middle_of_the_Road

@soulsaver

Hampshire Trust Bank 
Easy access issue 24. 4.9% AER

https://www.htb.co.uk/personal-savings/variable-rate-accounts

Bridlington1

pecunianonolet said:

I don't really need the Chase savings account as I have enough other accounts paying equal or same, I don't need the current accounts for any future bank switches, I pay everything on credit card. 

Any other reason why I may still want this account?

For what it's worth with an estimated 115 minutes to go till it goes NLA. I've held off opening the Chase account, though for different reasons to yourself. Their app isn't compatible with my smartphone so I would need to spend money on a new phone to get it. Given that I have all my non-ISA savings (barring accounts with the minimum balance) at 5.6%+ I probably won't end up using the account so gaining access to Chase at this moment in time just wouldn't be worth the expenses involved for me.

Even if I could access the chase app on my phone I would be inclined to hold out for a refer-a-friend/sign up offer to re-emerge before grabbing the account given that this would be a speculative opening.

If I was already a chase customer I'd grab the account though just on the off-chance.

janusd

Middle_of_the_Road said:

@soulsaver

Hampshire Trust Bank 
Easy access issue 24. 4.9% AER

https://www.htb.co.uk/personal-savings/variable-rate-accounts

HTB Easy Access (Issue 15) (NLA) - rate is changing from 5.15% to 4.90% AER on 23rd August.

mebu60

janusdesign said:

Middle_of_the_Road said:

@soulsaver

Hampshire Trust Bank 
Easy access issue 24. 4.9% AER

https://www.htb.co.uk/personal-savings/variable-rate-accounts

HTB Easy Access (Issue 15) (NLA) - rate is changing from 5.15% to 4.90% AER on 22nd August.

On 23 August as I read it:
As an existing customer, we will keep your current rate of 5.15% AER gross variable until 22 August 2024. After this date, the rate on your account will be reduced to 4.90% AER gross variable.

dali21

mebu60 said:

janusdesign said:

Middle_of_the_Road said:

@soulsaver

Hampshire Trust Bank 
Easy access issue 24. 4.9% AER

https://www.htb.co.uk/personal-savings/variable-rate-accounts

HTB Easy Access (Issue 15) (NLA) - rate is changing from 5.15% to 4.90% AER on 22nd August.

On 23 August as I read it:
As an existing customer, we will keep your current rate of 5.15% AER gross variable until 22 August 2024. After this date, the rate on your account will be reduced to 4.90% AER gross variable.

Have you received an email as I can’t find it on their website? I hold this account but haven’t received any notification about this.