The New Top Easy Access Savings Discussion Area

mebu60

Bridlington1 said:

@soulsaver

Kent RBS Iss78 4.59% £1k min  NLA Replaced by Issue 79 at 4.64%

For goodness sake! Only opened the 78 last night and transferred the bulk bar £1 which didn't get done until this morning as after 3:30 yesterday. Not set up new payee for the 78 or requested closure of the 77. Will open the 79 now then do all the doings Monday, before 3:30. 

AndyTh_2

Cynergy Online Easy Access Account issue 84 (NLA) is dropping to 4.3% 14th April to match other issues (currently is 4.5%)

source from email they sent me today

On 14 April 2025, the underlying interest rate on your Online Easy Access Account will reduce from 3.00% AER*/Gross** to 2.80% AER/Gross.
For Online Easy Access Accounts where a fixed bonus for the first 12 months applies, your new rate, inclusive of the fixed bonus, will be 4.30% AER/Gross.

happybagger

Family BS - Having been used to instant or next day withdrawals, this is very slow. Opened the Online Saver 4.6% a/c as a replacement for Gatehouse. w/d request yesterday afternoon, yes I guessed it may be past cut off, but even then expected it to be done today. Shoulda read all t&c's regarding withdrawals I guess... lesson learned.

w/d after 3pm Thursday won't be looked at until today, and actioned on Monday by the end of the day (so possibly not useable until Tuesday)

Debited yesterday from my FBS account though so 5 days lost in the ether. Can't be doing with that.

mon3ysav3r

happybagger said:

Family BS - Having been used to instant or next day withdrawals, this is very slow. Opened the Online Saver 4.6% a/c as a replacement for Gatehouse. w/d request yesterday afternoon, yes I guessed it may be past cut off, but even then expected it to be done today. Shoulda read all t&c's regarding withdrawals I guess... lesson learned.

w/d after 3pm Thursday won't be looked at until today, and actioned on Monday by the end of the day (so possibly not useable until Tuesday)

Debited yesterday from my FBS account though so 5 days lost in the ether. Can't be doing with that.

They do seem rather behind the times compared to some BS, they issue paper certificates and tell you to keep them somewhere safe! They also have a maximum withdraw of 25K a day on some accounts.

Stargunner

happybagger said:

Family BS - Having been used to instant or next day withdrawals, this is very slow. Opened the Online Saver 4.6% a/c as a replacement for Gatehouse. w/d request yesterday afternoon, yes I guessed it may be past cut off, but even then expected it to be done today. Shoulda read all t&c's regarding withdrawals I guess... lesson learned.

w/d after 3pm Thursday won't be looked at until today, and actioned on Monday by the end of the day (so possibly not useable until Tuesday)

Debited yesterday from my FBS account though so 5 days lost in the ether. Can't be doing with that.

My withdrawals have always arrived the next working day. 

I made a withdrawal on Wednesday evening and it was in my bank yesterday afternoon.

Kazza242

happybagger said:

Family BS - Having been used to instant or next day withdrawals, this is very slow. Opened the Online Saver 4.6% a/c as a replacement for Gatehouse. w/d request yesterday afternoon, yes I guessed it may be past cut off, but even then expected it to be done today. Shoulda read all t&c's regarding withdrawals I guess... lesson learned.

w/d after 3pm Thursday won't be looked at until today, and actioned on Monday by the end of the day (so possibly not useable until Tuesday)

Debited yesterday from my FBS account though so 5 days lost in the ether. Can't be doing with that.

I made a withdrawal at 10:30am today from my Family BS 4.60% Online Saver.  The money arrived in my nominated account same day, though it was just after 5pm.  

If your nominated account is a bank current account, then you might want to check if your funds have now arrived.  

intalex

Market's making it harder to keep funds in my Skipton BRT (BoE - 0.19%, currently 4.31% AER)... hopefully they shift focus away from ISAs and catch on with the competition on easy access non-ISA offerings once the ISA "season" is over... 

Middle_of_the_Road

intalex said:

Market's making it harder to keep funds in my Skipton BRT (BoE - 0.19%, currently 4.31% AER)... hopefully they shift focus away from ISAs and catch on with the competition on easy access non-ISA offerings once the ISA "season" is over... 

Ulster Bank Loyalty saver is still 4.5%

janusdesign

Middle_of_the_Road said:

intalex said:

Market's making it harder to keep funds in my Skipton BRT (BoE - 0.19%, currently 4.31% AER)... hopefully they shift focus away from ISAs and catch on with the competition on easy access non-ISA offerings once the ISA "season" is over... 

Ulster Bank Loyalty saver is still 4.5%

only until April 22 when it will drop to 4.25%

dosh37

jim1999 said:

dosh37 said:

Just 2 weeks ago I opened a Kent Reliance Easy access account Iss 77 (4.55%)

Today I discovered from the MSE Top Savings list that they have subsequently introduced Iss 78 paying 4.59%.

I only found out because Charter Savings (who are also owned by 'One Savings Bank') have done something similar.

A difference of 0.04% may not sound like much but if you have savings of £85K, that's £34 over a year.

I guess they assume most savers won't be bothered to open and transfer into a new account so they create a new issue rather than increase the interest rate to existing savers.

Luckily the transfer process is relatively straightforward and not too time consuming.

Closing the old account after making the transfer does involve sending a secure message.

Looks like you might be doing it again

Doh! Indeed.