The New Top Easy Access Savings Discussion Area

nottsphil

JamesRobinson48 said:

Family Building Society Online Saver (9) (4.60%) is NLA.

https://www.familybuildingsociety.co.uk/

That's a shame. I was just about to get into the 'Family way'.

ircE

Malchester said:

Didn't realise that Hodge Bank have an easy access account (maybe it is new). It's not the best rate (4.29%) payable monthly but I opened one yesterday and was very impressed. Deposits and withdrawals were instant. 

Easy Access - Hodge Bank

Maybe this is one for the Instant True Easy Access Table @ircE

Great catch @Malchester, thanks. I wonder why it doesn't seem to be listed on Moneyfactscompare.

Bridlington1

@soulsaver

GB Bank Easy Access Issue 2 Account 4.6%. £1k min to open but balance can be reduced to £1.

linz

If anyone has one, the Monument Easy Access account is going down from 4.55% to 4.29% on 26 March. Source: email.

@soulsaver

ircE

Chip's Instant Access Account @ 4.60% (3.50% underlying rate + 1.10% 6-month bonus rate)

New customers only. Note the 3.50% underlying rate tracks BR.

Bridlington1

Just a reminder the Principality BS interest rate cuts come into effect today. Of note:

Principality Online Bonus Triple Access Iss 6 slips from 4.7% to 4.5%

BACKTOBACK

Email from Monument to say Easy Access account rates will be reduced from 4.55% AER to 4.29% AER from March 26th

CuparLad

Bridlington1 said:

@soulsaver

GB Bank Easy Access Issue 2 Account 4.6%. £1k min to open but balance can be reduced to £1.

There's a 21 day funding window, so if you choose annual interest and open the account after this Sunday (assuming its still available), you can push the interest into the 26/27 tax year.

GB Bank use the NBS processing centre in Wallsend, so if you've got other accounts managed via them (e.g. Gatehouse), the setup and login process will feel very familar.

ccluedo

Looking to move from Chase.. Is the GB account true easy access as in instant, or same as Gatehouse? 🤔 

janusd

ccluedo said:

Looking to move from Chase.. Is the GB account true easy access as in instant, or same as Gatehouse? 🤔 

the t&c states...

If your withdrawal is authorised before 1pm, it will be processed and received by your bank on the same day (assuming it is a working day). If your withdrawal is authorised after the cut-off time, it will be received by your bank the following working day. Please note, we cannot be held responsible for any delays caused by circumstances beyond our control.

you also need to wait for a letter in the post for a code to confirm your nominated account - no withdrawals before then... personally, this isn't one i'll be applying for.

if speed is an issue, then the Hodge EA account is instant - definitely for deposits, haven't made a withdrawal yet, but previously stated that withdrawals are instant too... though rate at 4.29% is lower.