The New Top Easy Access Savings Discussion Area

jsrose

My Chase rate runs out on 22 July.  Any good providers offer similar rates that Chasexwere?

dosh37

StayinAlive said:

chris_the_bee said:

Kent Reliance

Your account name: D79 EASY ACCESS ACCOUNT  Important: we're reducing the interest rate on your account from 24/07/2025 as shown in the table below.

Previous Rate:

New Rate:

GROSS* 4.64% / AER** 4.64%

GROSS* 4.30% / AER** 4.30%

Thier current D83 Easy Access A/c is 4.41% AER/4.32% Gross.

Does anyone know if it's relatively easy to swap or do you have to open a new D83 getting another account number and then transfer?

As usual, they only tell you the interest rate is being reduced on your existing account: They don't mention that a new account is available with a better rate. I was thinking of moving the cash into some existing accounts but that would exceed the £85K FSCS limit. It was only when I visited the KR website that I discovered a new Iss 83 account was available.

I don't know if it's possible to do an easy swap.

I have just opened a new iss 83 account (4.41%) and specified the current balance in the existing 79 account as the deposit. I sent a secure message asking for accrued interest to be transferred and the old account to be closed after 24th July.

A lot of hassle for them and existing customers but you have to play them at their own game.

mebu60

dosh37 said:

StayinAlive said:

chris_the_bee said:

Kent Reliance

Your account name: D79 EASY ACCESS ACCOUNT  Important: we're reducing the interest rate on your account from 24/07/2025 as shown in the table below.

Previous Rate:

New Rate:

GROSS* 4.64% / AER** 4.64%

GROSS* 4.30% / AER** 4.30%

Thier current D83 Easy Access A/c is 4.41% AER/4.32% Gross.

Does anyone know if it's relatively easy to swap or do you have to open a new D83 getting another account number and then transfer?

As usual, they only tell you the interest rate is being reduced on your existing account: They don't mention that a new account is available with a better rate. I was thinking of moving the cash into some existing accounts but that would exceed the £85K FSCS limit. It was only when I visited the KR website that I discovered a new Iss 83 account was available.

I don't know if it's possible to do an easy swap.

I have just opened a new iss 83 account (4.41%) and specified the current balance in the existing 79 account as the deposit. I sent a secure message asking for accrued interest to be transferred and the old account to be closed after 24th July.

A lot of hassle for them and existing customers but you have to play them at their own game.

I'm not clear what you mean by 'specified the current balance .... as the deposit'. Minimum deposit amount is £1k, minimum operating balance £1. I transferred £1k from D79 to D83 and set up a new payee for the D83 from my current bank account and paid in £1. I then transferred back the £1k to the D79. On 24 July I will close the D79 transferring the capital and accrued interest to D83. 

happybagger

Don't recall seeing this mentioned but West Brom BS have launched Four Access Saver Issue 3 @ 4.55%

@soulsaver

Bobblehat

Charter EA rate reductions by email today .... from 28/07/2025 AER/Gross

Issue 57 4.53%/4.44% down to 4.18%/4.10%
Issue 58 4.59%/4.50% down to 4.24%/4.16%

NewYorkNo1fan

I believe every word from the above formites but as I hadn’t received notification of issue 79 reducing later this month ( I act as POA so not permitted to run account online, snail mail for me,) I contacted them just now and was told issue 79 is not reducing.
Kent Reliance infuriate me at the best of times but this just takes the biscuit 🤬

mon3ysav3r

NewYorkNo1fan said:

I believe every word from the above formites but as I hadn’t received notification of issue 79 reducing later this month ( I act as POA so not permitted to run account online, snail mail for me,) I contacted them just now and was told issue 79 is not reducing.
Kent Reliance infuriate me at the best of times but this just takes the biscuit 🤬

KR make so many mistakes (or misleading info) on their website and in their written communication with customers, but in this case I assume you have been given incorrect information given they are reducing almost all their accounts.

I received the following email saying 79 IS reducing:

"Your account name: D79 EASY ACCESS ACCOUNT MI

Important: we're reducing the interest rate on your account from 24/07/2025 as shown in the table below. 

Previous Rate:

GROSS* 4.54% / AER** 4.64%

New Rate:

GROSS* 4.22% / AER** 4.30%

This is in line with section 28.3 of our Savings General Terms and Conditions"

schiff

happybagger said:

Don't recall seeing this mentioned but West Brom BS have launched Four Access Saver Issue 3 @ 4.55%

@soulsaver

I like these new issues being offered with less than a month to go before the next BoE bank rate decision.
Less chance of its rate being reduced so soon after its offered.

chris_the_bee

NewYorkNo1fan said:

I believe every word from the above formites but as I hadn’t received notification of issue 79 reducing later this month ( I act as POA so not permitted to run account online, snail mail for me,) I contacted them just now and was told issue 79 is not reducing.
Kent Reliance infuriate me at the best of times but this just takes the biscuit 🤬

Kent Reliance

The interest rate on your D79 EASY ACCESS ACCOUNT is changing

Dear Mx Xxxxxx, Your account name: D79 EASY ACCESS ACCOUNT Important: we're reducing the interest rate on your account from 24/07/2025 as shown in the table below.

Previous Rate:

New Rate:

GROSS* 4.64% / AER** 4.64%

GROSS* 4.30% / AER** 4.30%

janusd

email from RCi Bank that they're increasing the rate of their Freedom Savings account, on 16th July (today), from 4.10% AER to 4.20% AER