The New Top Easy Access Savings Discussion Area

mon3ysav3r

My Issue 2 West Brom 4 Access saver is also showing 4.65% Yearly / 4.55% Monthly although they said it would reduce to 4.40% / 4.31% on the 14th March

BreakingGlass

BreakingGlass said:

10_66 said:

West Brom, Online Four Access Saver Issue 1.  When I logged on this afternoon, this account was showing a rate of 4.65% (which is the current rate for issue 2), which was a surprise to me as my spreadsheet and the West Brom's leaflet for rates no longer available is showing it at 4.40% from March 2025.  Is this showing for anyone else who may have one of these?

Issue 2 was suppose to drop to 4.4% on 14 Mar (I have the  email), but I just checked the £1 that I still have in there, and it too shows 4.65%.

EDIT:  Actually I still have about £800 in there. I forgot about the interest paid on 30th April - nice surprise!  Hope it is actually getting 4.65%.

I messaged West Brom to clarify.  Herewith their response:

Thank you for your email. From Thursday 8th May 2025 the rate on our Four Access Saver (Issues 1 and 2) increased from 4.40% to 4.65%. Please contact us via the methods below if you require further support.

mon3ysav3r

BreakingGlass said:

I messaged West Brom to clarify.  Herewith their response:

Thank you for your email. From Thursday 8th May 2025 the rate on our Four Access Saver (Issues 1 and 2) increased from 4.40% to 4.65%. Please contact us via the methods below if you require further support.

I like their response to the Bank England interest rate cut, long may it continue!

Shame I used up one of the 4 accesses removing funds when the rate dropped in March.

allegro120

janusdesign said:

@soulsaver - from 23rd May....

• Atom Instant Saver Reward - if no withdrawals, unchanged at 4.75%; if you make a withdrawal, the rate drops from 3.00% currently to 2.50%.
• Atom Instant Saver dropping from 3.25% to 2.90%.

I opened this account, but not funded yet.  It's not clear to me what's the optimal day for withdrawals - is it the 1st of the month or the day when the account was opened?  Does anyone know an answer?

moi

allegro120 said:

janusdesign said:

@soulsaver - from 23rd May....

• Atom Instant Saver Reward - if no withdrawals, unchanged at 4.75%; if you make a withdrawal, the rate drops from 3.00% currently to 2.50%.
• Atom Instant Saver dropping from 3.25% to 2.90%.

I opened this account, but not funded yet.  It's not clear to me what's the optimal day for withdrawals - is it the 1st of the month or the day when the account was opened?  Does anyone know an answer?

Atom isn't the 1st of the month.

From the T&C:

Interest is typically paid on the day of the month you opened your account.

‘Month’, is the period of one month from the day of the month in which your account was opened.

EthicsGradient

mon3ysav3r said:

BreakingGlass said:

I messaged West Brom to clarify.  Herewith their response:

Thank you for your email. From Thursday 8th May 2025 the rate on our Four Access Saver (Issues 1 and 2) increased from 4.40% to 4.65%. Please contact us via the methods below if you require further support.

I like their response to the Bank England interest rate cut, long may it continue!

Shame I used up one of the 4 accesses removing funds when the rate dropped in March.

Their response is so popular that the application process is currently failing - overloaded?

Sherbertfizz

EthicsGradient said:

mon3ysav3r said:

BreakingGlass said:

I messaged West Brom to clarify.  Herewith their response:

Thank you for your email. From Thursday 8th May 2025 the rate on our Four Access Saver (Issues 1 and 2) increased from 4.40% to 4.65%. Please contact us via the methods below if you require further support.

I like their response to the Bank England interest rate cut, long may it continue!

Shame I used up one of the 4 accesses removing funds when the rate dropped in March.

Their response is so popular that the application process is currently failing - overloaded?

I'm having the same problem.  Have tried several times over the last two days and got through to the final page of process, but the application won't submit.  Have called and am awaiting a response from their IT team.  I wondered if it was because they might be withdrawing it at that rate?  

cadguy77

Sherbertfizz said:

EthicsGradient said:

mon3ysav3r said:

BreakingGlass said:

I messaged West Brom to clarify.  Herewith their response:

Thank you for your email. From Thursday 8th May 2025 the rate on our Four Access Saver (Issues 1 and 2) increased from 4.40% to 4.65%. Please contact us via the methods below if you require further support.

I like their response to the Bank England interest rate cut, long may it continue!

Shame I used up one of the 4 accesses removing funds when the rate dropped in March.

Their response is so popular that the application process is currently failing - overloaded?

I'm having the same problem.  Have tried several times over the last two days and got through to the final page of process, but the application won't submit.  Have called and am awaiting a response from their IT team.  I wondered if it was because they might be withdrawing it at that rate?  

My application for Issue 2 went through today (for review - existing customer of issue 1)

Sherbertfizz

cadguy77 said:

Sherbertfizz said:

EthicsGradient said:

mon3ysav3r said:

BreakingGlass said:

I messaged West Brom to clarify.  Herewith their response:

Thank you for your email. From Thursday 8th May 2025 the rate on our Four Access Saver (Issues 1 and 2) increased from 4.40% to 4.65%. Please contact us via the methods below if you require further support.

I like their response to the Bank England interest rate cut, long may it continue!

Shame I used up one of the 4 accesses removing funds when the rate dropped in March.

Their response is so popular that the application process is currently failing - overloaded?

I'm having the same problem.  Have tried several times over the last two days and got through to the final page of process, but the application won't submit.  Have called and am awaiting a response from their IT team.  I wondered if it was because they might be withdrawing it at that rate?  

My application for Issue 2 went through today (for review - existing customer of issue 1)

Thanks @cadguy77, have just managed to get mine to go through - had to keep hitting the submit button and after about a dozen attempts, success!  Must just be volume of applications I guess.

janusdesign

Zopa changes...

• Access pots: on 23rd May 2025, the interest rate will decrease from 3.75% AER* (3.68% gross**) variable to 3.50% AER* (3.44% gross**) variable. 
• Access ISA pots: on 23rd May 2025, the interest rate will decrease from 4.00% AER* (3.90% gross**) variable to 3.75% AER* (3.68% gross**) variable. 

Boosted pots (e.g notice accounts) all all being reduced by 0.25%.