The New Top Easy Access Savings Discussion Area

pfpf

Family BS:

Savings: Interest rates for Windfall Bond and Tracker Savings Bond will decrease by 0.25% from 1 June 2025. We will be writing to all customers individually to confirm the new rates.

i'm assuming the 4.6% account that was available a month or two back will be reducing?

dosh37

mebu60 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.

Ditto but I think I now know where GB Bank funds will be headed next Tuesday when they drop from 4.7% to 4.35%. Benefits of leaving £1 in West Brom. 

Currently in the process of moving funds from my GB Bank Easy Access to a new West Brom account.

A bit annoying that you have to phone West Brom Customer Services to register for online banking.

GB Bank are also offering a 6 month fixed rate bond paying 4.5%, so I think I will transfer some of the funds there.

The account opening process is easy and the transfer can be done without the need to go through an external linked current account.

csw5780

dosh37 said:

mebu60 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.

Ditto but I think I now know where GB Bank funds will be headed next Tuesday when they drop from 4.7% to 4.35%. Benefits of leaving £1 in West Brom. 

Currently in the process of moving funds from my GB Bank Easy Access to a new West Brom account.

A bit annoying that you have to phone West Brom Customer Services to register for online banking.

GB Bank are also offering a 6 month fixed rate bond paying 4.5%, so I think I will transfer some of the funds there.

The account opening process is easy and the transfer can be done without the need to go through an external linked current account.

Try password reset on login screen - then no phone call needed. 

janusd

Aldermore Easy Access Account (Issues 1 - 18) & Easy Access Account RS (Issues 1 - 3) dropping from 3.85% to 3.55% AER on 28th May.

* the EAA RS is the Easy Access account that the Aldermore Regular Saver matures into after a year.

dosh37

csw5780 said:

dosh37 said:

mebu60 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.

Ditto but I think I now know where GB Bank funds will be headed next Tuesday when they drop from 4.7% to 4.35%. Benefits of leaving £1 in West Brom. 

Currently in the process of moving funds from my GB Bank Easy Access to a new West Brom account.

A bit annoying that you have to phone West Brom Customer Services to register for online banking.

GB Bank are also offering a 6 month fixed rate bond paying 4.5%, so I think I will transfer some of the funds there.

The account opening process is easy and the transfer can be done without the need to go through an external linked current account.

Try password reset on login screen - then no phone call needed. 

Tried going through the 'forgotten PIN' process but you still end up having to phone Customer Services.

When I tried that, all advisors were busy so I went through an automated callback process.

I received a callback after about 10-15 min.

I then had to answer a bunch of security questions before being transferred to an automated system to enter the PIN.

When I entered the first digit, the system froze so I had to hang up.

I suspect this may be because I was using Vonage VOIP with a DECT handset: I have experienced similar problems with online banking in the past. Phone key presses are not transferred to the receiving end (something to do with out of band signalling?).

Anyway, I ended up having to go through the entire process again.

This time I used the Vonage Extensions APP on my mobile phone rather than the DECT handset (still using VOIP). This eventually worked.

The whole process msut have taken at least 1/2 hour.

IMHO West Brom BS need to bring their processes to date and allow customers to register for online banking though the website rather than having to phone.

allegro120

DF Capital Easy Access Account (Issue 2)
Down from 4.6% to 4.35% from 27th May

youngretired

Just had an email from Marcus, their rate is going down from gross 4.22% to 3.94% from 30th May.

janusd

youngretired said:

Just had an email from Marcus, their rate is going down from gross 4.22% to 3.94% from 30th May.

or from 4.30% to 4.01% if you prefer AER (and assuming you have the bonus rate).

where_are_we

With EA rates dropping, if you have a Santander current account, their monthly regular saver is easy to open and manage, pays 5% fixed and you can withdraw with no loss of interest. Only downside is you can only put in £200 a month.

janusd

@soulsaver Monument Bank Limited Access Saver dropping from 4.75% to 4.23% AER (3 or less withdrawals); 4.25% to 3.73% AER (4+ withdrawals) from 28th May.