The New Top Easy Access Savings Discussion Area

allegro120

flobbalobbalob said:

allegro120 said:

guli said:

allegro120 said:

friolento said:

I also opened the existing customers only DF Capital 1-day notice account, 4.6%, in the hope they won't cut their rate just as quickly as GB Bank have already advised, and as Chase might do.

I opened it in July 2023, it paid 5.2% then.  This is one of my "must stay" account, it has been very useful, filled the gaps few times.  They still call it 1-day notice.  It used to be next working day delivery, but now withdrawals arrive within few hours.  £1 balance keeps it going.  Minimum withdrawal £1k is not a problem (if you need less) because you can put back the surplus.  Deposits arrive immediately. 

T&C says min balance is £1000, is it not?

No, it is not Since opening most of the times my balance was below £1000, £1 at the moment.  DF EA account wouldn't have been on my "must keep" list if the min was £1k - I closed all my Oxbury accounts because of £1k min balance condition when they became uncompetitive.  More than £100 at lower rate for securing EA account doesn't fit my strategy.

I've only had £1 in Oxbury for months. They just don't pay pay any interest under £1k

Yes you're right, I completely forgot about this part of the deal.  Just realised I only had fixed and notice accounts with Oxbury:) I closed Oxbury notice accounts because the interest below £1k won't compound.

guli

allegro120 said:

guli said:

allegro120 said:

friolento said:

I also opened the existing customers only DF Capital 1-day notice account, 4.6%, in the hope they won't cut their rate just as quickly as GB Bank have already advised, and as Chase might do.

I opened it in July 2023, it paid 5.2% then.  This is one of my "must stay" account, it has been very useful, filled the gaps few times.  They still call it 1-day notice.  It used to be next working day delivery, but now withdrawals arrive within few hours.  £1 balance keeps it going.  Minimum withdrawal £1k is not a problem (if you need less) because you can put back the surplus.  Deposits arrive immediately. 

T&C says min balance is £1000, is it not?

No, it is not Since opening most of the times my balance was below £1000, £1 at the moment.  DF EA account wouldn't have been on my "must keep" list if the min was £1k - I closed all my Oxbury accounts because of £1k min balance condition when they became uncompetitive.  More than £100 at lower rate for securing EA account doesn't fit my strategy.

Thanks - Just wondering if you know DF 90 day notice accounts, can their balance drop below £1000 as well?

allegro120

guli said:

allegro120 said:

guli said:

allegro120 said:

friolento said:

I also opened the existing customers only DF Capital 1-day notice account, 4.6%, in the hope they won't cut their rate just as quickly as GB Bank have already advised, and as Chase might do.

I opened it in July 2023, it paid 5.2% then.  This is one of my "must stay" account, it has been very useful, filled the gaps few times.  They still call it 1-day notice.  It used to be next working day delivery, but now withdrawals arrive within few hours.  £1 balance keeps it going.  Minimum withdrawal £1k is not a problem (if you need less) because you can put back the surplus.  Deposits arrive immediately. 

T&C says min balance is £1000, is it not?

No, it is not Since opening most of the times my balance was below £1000, £1 at the moment.  DF EA account wouldn't have been on my "must keep" list if the min was £1k - I closed all my Oxbury accounts because of £1k min balance condition when they became uncompetitive.  More than £100 at lower rate for securing EA account doesn't fit my strategy.

Thanks - Just wondering if you know DF 90 day notice accounts, can their balance drop below £1000 as well?

I don't know, I had 180d but my balance never went below £1000.  I'd imagine it will be the same across all DF accounts. You can try to withdraw and see what happens, if the system doesn't prompt you with "you have to close the account" it should be fine.

Dizzycap

Appologies in advance if this info has already been posted

Chase - Boosted Saver Account @ 4.8 %, if anyone is interested 3% vari + a 1.8% FIXED boost for 6 months. I've just opened one through the app as an existing customer with no problem:-)

MSE DETAILS HERE

tightbloke61

It'a a £1000 minimum balance across all accounts!

guli

tightbloke61 said:

It'a a £1000 minimum balance across all accounts!

Of course, of course!

CuparLad

guli said:

Thanks - Just wondering if you know DF 90 day notice accounts, can their balance drop below £1000 as well?

https://www.dfcapital.bank/help/

For Notice Accounts, you can request a withdrawal via your online account or by calling us on 0330 094 0162. After the final day of your notice period, we will process your payment and send it to your nominated account. There is a minimum withdrawal amount of £1,000 unless your account balance is lower, in which case you can only withdraw the whole balance.

janusd

Sidekick High Yield Cash Reserve 5 is 4.76% (5k+) including a 0.72% bonus for 12 months - it looks like they're using OakNorth for this account and will come under OakNorth's FSCS protection... it's app only too.

not one for me, but may be of interest to others.

schiff

The interest due on the West Brom Online 4 Access Saver (Annual) up to 30/4/25 has been credited. Still 4.40%.

Sherbertfizz

Just received an email from Close Brothers: We are writing to let you know that the managed interest rate* on your Easy Access Account (Issue 2) will be decreasing from 4.70% AER/Gross PA** to 4.45% AER/Gross PA** on 15 May 2025.

Current interest rate 4.70% AER/Gross PA** New interest rate 4.45% AER/Gross PA**

If your balance falls below £10,000, interest will be set at 1.00% AER/Gross PA** (variable) until the balance meets or exceeds £10,000.