The New Top Easy Access Savings Discussion Area

allegro120

pazza2000 said:

Sounds like Cahoot is now the best place for savings if Atom is paying just 0.05% more for restricted withdrawals.

Snoop is paying 4.6%, but it's not as convenient.  Withdrawals and deposits aren't instant and you can't make payments to other savings accounts directly from Snoop.

dosh37

SeriousHoax said:

Hi, looking at Cahoot to put some money in, can someone tell me what the withdrawals are like? Is it instant, or does it take a while?

I can tell you that the process for closing a Cahoot account is bizzare!.

They will only close an account if you first withdraw the current balance leaving zero showing.

Then you have to phone them (in Ireland!) and ask to close the account - at which point any accrued interest is added in and transferred to your linked account. Duh!

 

chris_the_bee

dosh37 said:

SeriousHoax said:

Hi, looking at Cahoot to put some money in, can someone tell me what the withdrawals are like? Is it instant, or does it take a while?

I can tell you that the process for closing a Cahoot account is bizzare!.

They will only close an account if you first withdraw the current balance leaving zero showing.

Then you have to phone them (in Ireland!) and ask to close the account - at which point any accrued interest is added in and transferred to your linked account. Duh!

 

Cahoot
You don't need to phone. You can send a secure message requesting a closure, but you must zero the account balance and include your full address.

happybagger

chris_the_bee said:

Cahoot
You don't need to phone. You can send a secure message requesting a closure, but you must zero the account balance and include your full address.

I failed doing this. I still had to phone them. Closed two accounts which transferred a few pence by internal transfer to another cahoot account (didn't need to go to my external account)

MichaelAP

KevinG said:

MichaelAP said:

Atom Instant Saver Reward ~ Rate reduction received. Information in the App only at the moment.
Date of change 31 July 2025

Current Rates are 4.75% AER / 4.66% Gross
New Rates are 4.60%AER / 4.51% Gross

Withdrawal Rates remain at 2.50% AER / 2.47% Gross

They did put it UP from 4.60% to 4.75% in March at a time when interest rates were falling (admittedly having cut it from 4.85% the previous month).

Yes, happy with that Kevin.
My post was purely to inform members it was to be reduced.

Bridlington1

@soulsaver

Oxbury Bank Easy Access Bonus Base Rate Tracker 1 4.48% (includes 0.7% variable bonus till 18/10/25) £1k min.

InvesterJones

Bridlington1 said:

@soulsaver

Oxbury Bank Easy Access Bonus Base Rate Tracker 1 4.48% (includes 0.7% variable bonus till 18/10/25) £1k min.

Interesting, I hadn't seen a rate tracker from Oxbury before. It seems to have many variables which they can adjust (such as what margin they leave on the base rate), as well as a bonus only lasting < 3 months. I already have an easy access with a higher base rate from them with no tracking.. but if one thinks rates might increase then maybe (assuming they don't further increase the margin to base rate).

tonypyorkshire

On a slightly related note,

Is it usual for Oxbury to offer existing customer accounts rates that are exactly the same as non-customers?

My last 2 (existing customer) Bonds have been at an increased rate but the ones on offer now don't seem to be different.

No huge deal but it would have been nice to have some loyalty rate (as previous bonds have)!

refluxer

tonypyorkshire said:

On a slightly related note,

Is it usual for Oxbury to offer existing customer accounts rates that are exactly the same as non-customers?

My last 2 (existing customer) Bonds have been at an increased rate but the ones on offer now don't seem to be different.

No huge deal but it would have been nice to have some loyalty rate (as previous bonds have)!

No, it isn't normal for them to do that. Their existing customer accounts usually either pay a higher rate of interest or (more commonly) are only available to existing customers and not new customers (particularly the 3, 6 and 12 month accounts). 

BTW - it does tend to get shunted quite far down the forum at times, but there is a dedicated thread for fixed rate account discussions

https://forums.moneysavingexpert.com/discussion/6332491/the-top-fixed-interest-savings-discussion-area#latest

soulsaver

From the ToTP top 10ish ranked easy access accounts available (note page 1 caveats) the list of NLA accounts has been updated to include May to June '25 details - so is now Aug 24 - June '25 inclusive: 

https://forums.moneysavingexpert.com/discussion/comment/80952215/#Comment_80952215

Just stating the obvious to avoid confusion: The rates/detail included will be correct at the time they were 'demised' but may be OOD now.