The New Top Easy Access Savings Discussion Area

janusd

jaypers said:

Does anyone know when the Tandem rate for existing accounts will drop from 4.4% to 4.15%?

20th February.

jaypers

Does the interest rate on a Chip Instant Access Rate update from 3.5% straight away? Mine still says 3.5% despite saying successful promo code

allegro120

janusdesign said:

allegro120 said:

Middle_of_the_Road said:

Nottingham Building Society.
Might be useful for some. 4.5% no restrictions.
Edit:
£1,000 min

https://www.thenottingham.com/savings/products/bonus-access-saver

This must be a re-emergence of Beehive
 It would be good to have this in the "library", it could become useful at some point, but £1,000 minimum balance is a a downside.  This requirement made me close all my Oxbury's accounts, Mansfield 90-days tracker and some others in the past.  I kept £5k in Ulster's Royalty for a long time, but that was justified by the account paying the top of the table rate.

for the record, you can have less than £1k in Oxbury, Shawbrook etc - it's just that you only get a nominal interest rate... and you can have a zero balance with Ulster if you wanted to.

wrt to the Notts BS account, reading the KPI, it was launched before the recent base rate change (on 16th January according to archive.org), so any possible rate changes by NBS are not showing in this 4.50% rate and may still get reduced soon.

You can have less than £1k in Oxbury, but "If your balance falls below £1,000 after account opening you will not receive interest on the balance."  I have a zero balance with Ulster, there's no point having less than £5k in Loyalty Saver because the higher interest is paid only if you have £5k+. 

ChewyyBacca

Has anyone refreshed Santander Edge Saver 6%? Is there any news that they are reducing rates?

mebu60

Bobblehat said:

Spotted this on Skipton's BOE Base Rate Change page under FAQ's

BRT to be increased!!

Edit: apologies to @happybagger , just catching up after being away the weekend, should've known someone else would've spotted it already

intalex

Bobblehat said:

Spotted this on Skipton's BOE Base Rate Change page under FAQ's

14 days if there was an increase maybe, just 4 days for decrease, my BRT non-ISA already down to 4.23% Gross (monthly interest) and BRT ISA down to 4.15% AER...

LZC

With Cahoot dropping their rates what’s now the best rate for same day, unlimited access?

janusd

LZC said:

With Cahoot dropping their rates what’s now the best rate for same day, unlimited access?

their Sunny Day Saver will still be 4.75% for <£3k until the end of March; Ulster Bank will still be 4.5% for a couple of months - but Cahoot's 4.35% is not a bad rate if you want the flexibility of instant transfers.

allegro120

LZC said:

With Cahoot dropping their rates what’s now the best rate for same day, unlimited access?

Have I missed something? My spreadsheet says that issues 1 and 2 are dropping from 5% to 4.75% on 31st March and I’ve had no notification for any changes to issue 3. 

RosieRooBear

allegro120 said:

LZC said:

With Cahoot dropping their rates what’s now the best rate for same day, unlimited access?

Have I missed something? My spreadsheet says that issues 1 and 2 are dropping from 5% to 4.75% on 31st March and I’ve had no notification for any changes to issue 3. 

I was thinking the same regarding Cahoot as I’ve only had the same notifications as you @allegro120, and the current Sunny Day Saver is still advertised as 4.75%