The New Top Easy Access Savings Discussion Area

SeriousHoax

Skipton member bonus opened and funded with £1, showing 5%. I will transfer the full amount tomorrow.

allegro120

Beeblebr0x said:

I gave up with Cahoot. Their OTP is a combination of letters and numerals which I couldn't copy and paste. Also no sign of biometrics option.

I got used to it, had a lot of practice. When I login on the phone the OTP appears on the screen so I just have to tap it and I'm in.  On computer you have to type OTP sent via SMS. I found that stressful at the start because they display 30 seconds time limit countdown and I thought the code is case sensitive, but later discovered that the time limit is not enforced and it's not case sensitive.  

x44

That 30 seconds countdown message on the cahoot screen is how long before you can REQUEST a new code if you did not receive it - not how long you have to ENTER the code that you did receive!

Kim_13

Kim_13 said:

intalex said:

Kim_13 said:

Skipton have launched an Issue 2 of their Member Bonus Saver, paying 5% including a 2.2% bonus for 12 months. Open to those who were Skipton members on or before 2/6/25.

It doesn’t seem to allow internal transfers, though I didn’t spot a restriction to that effect on the product page. Have paid in via Debit Card and hopefully once there is a cleared balance (the account shows as paying 2.8% - the non-bonus rate until funds clear, as happened with the previous version in 2024) this will be possible.

Edit to add: Min £1, Max £5,000 - so better than Issue 1 which was capped at £3,000 if I recall correctly.

Thanks for this, managed to open one and used the internal transfer option (during the opening wizard) to transfer in funds from my base rate tracker...

Exactly what I tried to do for parent but could not. Funded mine via Debit Card through the opening wizard and will update if the option is enabled once funds have cleared.

I now have the transfer option available in the app (this may be the result of overnight processing or the Faster Payment I sent to add the account to my payee list ahead of a Regular Saver maturing later this month.)

Parent’s account was fully funded via the website yesterday - thanks to the poster who mentioned trying an internal transfer there instead. 

wiseonesomeofthetime

Skipton Member Bonus Saver 2

Seems to stick to the rule that you cannot open issue 2, if you already have issue 1.

I have asked for my issue 1 to be closed and its £1.05 sent to my current account today (had missed yesterday's deadline).

Let's see if it lets me open issue 2 then!

Bridlington1

Has anyone else had issues setting up a payee for the Skipton Member Bonus Saver Issue 2 from First Direct?

I tried setting up a payee for it, the account passed the CoP checks with my using my name as the payee and personal as the account type. I inputted a security code that I'd generated on the secure key as normal, then when I got to the final stage of making the payment the box below appeared:


If I click the cross button it just goes back to the previous page and pops up again if I try to make the payment.

If I click ok I get a long list of companies to choose from and none of them being Skipton BS.

I also tried it with the payee as Skipton Building Society and the account type as business and again the same issue arises so am thus unable to make a deposit from FD.

I've just tried from Santander and the payee was set up and payment made without issues.

intalex

Bridlington1 said:

Has anyone else had issues setting up a payee for the Skipton Member Bonus Saver Issue 2 from First Direct?

I tried setting up a payee for it, the account passed the CoP checks with my using my name as the payee and personal as the account type. I inputted a security code that I'd generated on the secure key as normal, then when I got to the final stage of making the payment the box below appeared:


If I click the cross button it just goes back to the previous page and pops up again if I try to make the payment.

If I click ok I get a long list of companies to choose from and none of them being Skipton BS.

I also tried it with the payee as Skipton Building Society and the account type as business and again the same issue arises so am thus unable to make a deposit from FD.

I've just tried from Santander and the payee was set up and payment made without issues.

I haven't set that up yet because I funded my Member Bonus Saver (MBS) from my Base Rate Tracker (BRT), but as I already have the BRT set up as a payee on my First Direct account, I think it might just a case of using that same payee but changing the reference from the BRT account number to the MBS account number at the time of making a payment, and I believe that will "add" it as another existing payee on my First Direct account.

In terms of initial setup, if memory serves me right, I had to choose Skipton from a predefined list of businesses (hence account number and sort-code automatically populated) and just had to key in the Skipton account number as the reference.

flaneurs_lobster

intalex said:

In terms of initial setup, if memory serves me right, I had to choose Skipton from a predefined list of businesses (hence account number and sort-code automatically populated) and just had to key in the Skipton account number as the reference.

Yes, exactly this. I went round this circle yesterday with this setup. Skipton BS has to be selected from the predefined list of 'New Large Business'. Seems unlikely that there's more than one such list so no idea why @Bridlington1 can't see Skipton. Didn't need the code generator thingy either (using the app).

CuparLad

Bridlington1 said:

Has anyone else had issues setting up a payee for the Skipton Member Bonus Saver Issue 2 from First Direct?

Skipton use Barclays as their clearing bank, so it's likely that FD see the account as SBS rather than seeing "through" the SBS account to your virtual account behind. I used Nationwide yesterday straight after opening the Bonus Saver and they saw the account immediately. In these situations, Nationwide refer to the account being validated with the "payment provider", which is a different message that if you perform a COP against a normal account, suggesting that it's not a timing issue, but something about FD not handling these sorts of accounts properly?

apt

wiseonesomeofthetime said:

Skipton Member Bonus Saver 2

Seems to stick to the rule that you cannot open issue 2, if you already have issue 1.

I have asked for my issue 1 to be closed and its £1.05 sent to my current account today (had missed yesterday's deadline).

Let's see if it lets me open issue 2 then!

I closed issue 1 and  was allowed to open issue 2 - but only via the website, not the app.