The New Top Easy Access Savings Discussion Area

andyhicks88

Regarding the Edge saver, by bonus term has come to an end so I'm back on the basic rate.....I don't suppose if i now close this account and then open another I'd get the bonus rate again?

BreakingGlass

Speculator 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.

opened and funded by debit card.

is everyone showing 2.8% and not 5% after initial deposit?

Ref: Skipton Member Bonus Saver Iss 2

Same for me, but if you look on the app and click on 'Your savings account explained' and then ' When do I start earning interest?' it states that 'interest from debit card payments starts to accrue on the third business day, from and including the day on which a debit card payment is made'.

I opened and funded by Debit Card yesterday, hence would expect it to show 5% tomorrow.

janusd

andyhicks88 said:

Regarding the Edge saver, by bonus term has come to an end so I'm back on the basic rate.....I don't suppose if i now close this account and then open another I'd get the bonus rate again?

yes - though the rate would be 6% rather than the 7% you were likely getting before the above bonus term ended... I did it last year via Sandi (online chat) and closed the account - if memory serves, it took a day or two to close and then I opened another Edge Saver... i'll be in your boat in 3 weeks time and will be doing the above again to obtain the new rate (assuming it's still available).

friolento

I tried applying for the Skipton Members Bonus account through the app, got weird errors twice. I then tried it online and it worked first time round but I wasn't able to transfer anything from another Skipton easy access account or make card deposits. All rather odd. I left it for a couple of hours, and now I could make the transfer and card deposits. Interest rate showing as 5%.

wiseonesomeofthetime

apt said:

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.

Just opened mine through app. Easy peasy.

Did FP to my tracker then internal transfer across.

Now showing funds and 5% rate.

All done for now 👍

allegro120

friolento said:

I tried applying for the Skipton Members Bonus account through the app, got weird errors twice. I then tried it online and it worked first time round but I wasn't able to transfer anything from another Skipton easy access account or make card deposits. All rather odd. I left it for a couple of hours, and now I could make the transfer and card deposits. Interest rate showing as 5%.

I opened it online, very quick, no complications and fully funded it from Chase straight away.  CoP worked too.

UKX69

allegro120 said:

friolento said:

I tried applying for the Skipton Members Bonus account through the app, got weird errors twice. I then tried it online and it worked first time round but I wasn't able to transfer anything from another Skipton easy access account or make card deposits. All rather odd. I left it for a couple of hours, and now I could make the transfer and card deposits. Interest rate showing as 5%.

I opened it online, very quick, no complications and fully funded it from Chase straight away.  CoP worked too.

Yes, no problem here either. 

Middle_of_the_Road

UKX69 said:

allegro120 said:

friolento said:

I tried applying for the Skipton Members Bonus account through the app, got weird errors twice. I then tried it online and it worked first time round but I wasn't able to transfer anything from another Skipton easy access account or make card deposits. All rather odd. I left it for a couple of hours, and now I could make the transfer and card deposits. Interest rate showing as 5%.

I opened it online, very quick, no complications and fully funded it from Chase straight away.  CoP worked too.

Yes, no problem here either. 

Opened this account easily, but then messed up and transferred the £5k into the wrong account. It ended up in the Member 1 year bond, which should have been closed to additional deposits by now. 🤔
Had to phone them to get it transferred to the Bonus saver.

schiff

Progressive
I too didn't want WhatsApp but I successfully opened an account with its 3 figures hyphen 3 figures account number, and the app is now on my iPhone. With the help of my granddaughter (visiting today) we went through the logging in routine - and it worked. Whether I can operate it in the future remains to be seen but maturity is only a few weeks away. It will depend on what they offer next.
So it needs a smart phone and a technology savvy family member to get over the hump.
(My granddaughter actually uses WhatsApp as her primary vehicle on social media which I found interesting).



 

irregular_saver

Skipton Member Bonus Saver Issue 2

Does anyone recollect how long Issue 1 was around for before it went NLA? 

I don’t have the funds at the moment to put more than £1 in; however if I wait to open the account I have some regular savers maturing at the end of July and I’d like to maximise my potential interest! Totally understand the risks that come with waiting and this issue could be very different and it could be withdrawn next week. Thanks