The New Top Easy Access Savings Discussion Area

Kim_13

allegro120 said:

schiff said:

Speculator said:

Just received from Saffron BS

The variable rate on your E-Saver (Issue 22) account is reducing.

We’ve made the difficult decision to reduce the interest rate we pay on your E-Saver Issue 22 Account. As a result, on 9 July 2025 your rate will reduce by 0.25% to 3.74%/3.80% Gross p.a/AER.

We try to keep reductions to a minimum and always aim to offer you the best long-term value we can.

That's too many changes since I opened it on 2/6/3/25 at a decent 4.50%, so it's closure time. Saffron have become disappointing. I've stopped contributing to the 12 Month's Members RS now it's 4.20% so it's become a sort of deposit account till the next reduction. The Members' Loyalty at 8.00% fixed is fantastic of course and that keeps me a member for another 11 months. 

There's no online closure option, so I just emptied it. The account no longer meets the minimum balance requirement so I'll leave it to Saffron to close it without my instructions.

Yes, just MMRS and RaF. Everything else is rubbish at the moment.  I still keep my Small Saver running - probably shouldn't.  £1 p/m @4.4% doesn't hurt, but there is no real need for speculative account whilst I have 11 Months until I have to worry about continuous membership.

I previously had a Small Saver and they didn’t do or say anything when I left it with £1 in and didn’t pay in each month, only when I actually emptied it (and then they gave me a month to bring it back up to the minimum balance.)

gt94sss2

Hodge Bank

We're getting in touch to let you know that from 26-06-2025 we're increasing the interest rate on your Easy Access Issue 1. Here are the details:

Current interest rate: 4.29% AER*/4.21% Gross**

New interest rate: 4.4% AER*/4.31% Gross**

schiff

allegro120 
 

There's no online closure option, so I just emptied it. The account no longer meets the minimum balance requirement so I'll leave it to Saffron to close it without my instructions.

Actually I was impressed with the speed and efficiency of their secure messaging! I asked how do I close an account, very quick response: tell me what you want and I'll do it for you! And they did! Took hardly any time at all.

Dizzycap

intalex said:

Descrabled said:

Kim_13 said:

Skipton have launched a Bonus Saver Issue 12, paying 4.5% with bonus for 12 months (2.8% without bonus.) Min £1, Max £50,000.

Skipton bonus saver that I opened on 13 June is maximum £5,000. Only one bonus saver allowed so I had to close my previous bonus saver first. So you can opt for a bonus saver at 5% max £5k or one at 4.5% max £50k.

But I had the 5% one and still managed to open the 4.5% which I then funded from my Base Rate Tracker?

Correct as the 5% is the Member Bonus Saver max 5k & the Standard Bonus Saver Issue 12 (Easy Access) is 4.5% max £50k are different products, so you can have one of each, which I also have :-)

snowqueen555

I need to move away from chip, it's going down to 3.77% in July. A bit of a pain but it is what it is.

MichaelAP

snowqueen555 said:

I need to move away from chip, it's going down to 3.77% in July. A bit of a pain but it is what it is.

Agree. I’m moving my contents to both 

1. Atom - Instant Saver Reward: 4.75% AER 4.65% Gross
2. Snoop - Easy Access Saver: 4.60% AER / 4.50% Gross

Plus Snoop pays daily on Mon/Tue/Wed/Thur/Fri. Sat&Sun paid Mon.

crumpet_man

MichaelAP said:

snowqueen555 said:

I need to move away from chip, it's going down to 3.77% in July. A bit of a pain but it is what it is.

Agree. I’m moving my contents to both 

1. Atom - Instant Saver Reward: 4.75% AER 4.65% Gross
2. Snoop - Easy Access Saver: 4.60% AER / 4.50% Gross

Plus Snoop pays daily on Mon/Tue/Wed/Thur/Fri. Sat&Sun paid Mon.

I hadn't noticed those accounts before and I habe opened them now.

There's also a £5 Amazon gift card available for new Snoop users if you know where to look.

Snoop does seem to live up to it's name, I linked an otherwise unused current account as I don't want it going through my finances and giving me "advice" on various products.

wiseonesomeofthetime

crumpet_man said:

MichaelAP said:

snowqueen555 said:

I need to move away from chip, it's going down to 3.77% in July. A bit of a pain but it is what it is.

Agree. I’m moving my contents to both 

1. Atom - Instant Saver Reward: 4.75% AER 4.65% Gross
2. Snoop - Easy Access Saver: 4.60% AER / 4.50% Gross

Plus Snoop pays daily on Mon/Tue/Wed/Thur/Fri. Sat&Sun paid Mon.

I hadn't noticed those accounts before and I habe opened them now.

There's also a £5 Amazon gift card available for new Snoop users if you know where to look.

Make sure you are aware of the rate with Atom when you make a withdrawal.

crumpet_man

wiseonesomeofthetime said:

crumpet_man said:

MichaelAP said:

snowqueen555 said:

I need to move away from chip, it's going down to 3.77% in July. A bit of a pain but it is what it is.

Agree. I’m moving my contents to both 

1. Atom - Instant Saver Reward: 4.75% AER 4.65% Gross
2. Snoop - Easy Access Saver: 4.60% AER / 4.50% Gross

Plus Snoop pays daily on Mon/Tue/Wed/Thur/Fri. Sat&Sun paid Mon.

I hadn't noticed those accounts before and I habe opened them now.

There's also a £5 Amazon gift card available for new Snoop users if you know where to look.

Make sure you are aware of the rate with Atom when you make a withdrawal.

Indeed, if I need to withdraw I think I will withdraw nearly everything, deposit the funds I do not require to another account (e.g. Snoop) and deposit back to Atom the next (calendar/statement) month.

MichaelAP

crumpet_man said:

wiseonesomeofthetime said:

crumpet_man said:

MichaelAP said:

snowqueen555 said:

I need to move away from chip, it's going down to 3.77% in July. A bit of a pain but it is what it is.

Agree. I’m moving my contents to both 

1. Atom - Instant Saver Reward: 4.75% AER 4.65% Gross
2. Snoop - Easy Access Saver: 4.60% AER / 4.50% Gross

Plus Snoop pays daily on Mon/Tue/Wed/Thur/Fri. Sat&Sun paid Mon.

I hadn't noticed those accounts before and I habe opened them now.

There's also a £5 Amazon gift card available for new Snoop users if you know where to look.

Make sure you are aware of the rate with Atom when you make a withdrawal.

Indeed, if I need to withdraw I think I will withdraw nearly everything, deposit the funds I do not require to another account (e.g. Snoop) and deposit back to Atom the next (calendar/statement) month.

Exactly how I play it. Just make sure you do any transfers In/Out of Snoop before 11AM otherwise it rolls on to the next day.