The New Top Easy Access Savings Discussion Area

Archerychick

I have 3 sunny day savers at the moment, I opened a second issue 5 by mistake (I thought it was a new issue), so their system doesn’t seem to present additional accounts being opened - I haven’t funded this other issue 5 yet though 

Bob2000

allegro120 said:

MFMP said:

Does anyone here know if you are permitted to open multiple cahoot sunny day and / or normal savings accounts. Or are you limited to one of each. 

I've read the T&Cs and can't find the answer. 

Thanks in advance 

I have 8 Cahoot Sunny Days. Issues 2, 3, 4 and 5 - 2 accounts of each issue (one sole and one joint). 

I also have 2 Simple savers, issues 9 and 10. 

Is there a way of knowing in advance  when a new issue is about to be launched?

janusd

Bob2000 said:

allegro120 said:

MFMP said:

Does anyone here know if you are permitted to open multiple cahoot sunny day and / or normal savings accounts. Or are you limited to one of each. 

I've read the T&Cs and can't find the answer. 

Thanks in advance 

I have 8 Cahoot Sunny Days. Issues 2, 3, 4 and 5 - 2 accounts of each issue (one sole and one joint). 

I also have 2 Simple savers, issues 9 and 10. 

Is there a way of knowing in advance  when a new issue is about to be launched?

not really - best to just keep an eye on this thread... someone eagle-eyed will usually post here within a day or two of a new launch.

the issues are usually around for a while - Sunny Day 5 has been around since the start of April; Simple Saver 9 (4.41%) was available for just 3 weeks until 10 (4.55%) was launched... consequently, I don't use 9 now, I use Issue 10 and have an unused Issue 4 (4.35%) maturing next month.

there was a long period where the Simple Saver issues were at 3% or 4% - so don't assume that the next issue will always be better than the existing one. 

Previous rates and fees | Cahoot

Bob2000

janusdesign said:

Bob2000 said:

allegro120 said:

MFMP said:

Does anyone here know if you are permitted to open multiple cahoot sunny day and / or normal savings accounts. Or are you limited to one of each. 

I've read the T&Cs and can't find the answer. 

Thanks in advance 

I have 8 Cahoot Sunny Days. Issues 2, 3, 4 and 5 - 2 accounts of each issue (one sole and one joint). 

I also have 2 Simple savers, issues 9 and 10. 

Is there a way of knowing in advance  when a new issue is about to be launched?

not really - best to just keep an eye on this thread... someone eagle-eyed will usually post here within a day or two of a new launch.

the issues are usually around for a while - Sunny Day 5 has been around since the start of April; Simple Saver 9 (4.41%) was available for just 3 weeks until 10 (4.55%) was launched... consequently, I don't use 9 now, I use Issue 10 and have an unused Issue 4 (4.35%) maturing next month.

there was a long period where the Simple Saver issues were at 3% or 4% - so don't assume that the next issue will always be better than the existing one. 

Previous rates and fees | Cahoot

Ok, thanks for that comprehensive reply. I appreciate it.

roose0

Ford Money Flexible Saver now pays 4.18% AER for new applications, down from 4.35% AER.

refluxer

Existing Ford Money Flexible Saver accounts look to be still at 4.35% AER, but presumably a rate reduction email will be incoming soon.

Nova1307

I'm on holiday at the moment and won't have access to any post for a couple of weeks. Does anyone know if I can open and fund a new EA account with either cahoot, snoop, principality, skipton or coventry online same day without needing to wait for any user IDs or authentification codes in the post?

Thanks

janusd

Nova1307 said:

I'm on holiday at the moment and won't have access to any post for a couple of weeks. Does anyone know if I can open and fund a new EA account with either cahoot, snoop, principality, skipton or coventry online same day without needing to wait for any user IDs or authentication codes in the post?

I would have thought of those five, Snoop might be your only viable option - though I don't have any account with them, so I couldn't say for sure. The other four I do have accounts with and I think they all originally involved paperwork for the first account (not so much to fund, but to confirm the nominated accounts for withdrawals).
if you already had an account with Cahoot, then opening, and funding, another would be immediate - though I assume you haven't. If you're not bothered about withdrawing for the time being, then Atom should be an option to open and fund online.

janusd

refluxer said:

Existing Ford Money Flexible Saver accounts look to be still at 4.35% AER, but presumably a rate reduction email will be incoming soon.

I think from previous changes, i'd expect to receive the 14 days notice email before the end of the month - their historic rates pdf says the change occurred last Thursday, with I assume the new rate applied from Friday to new customers.

allegro120

Nova1307 said:

I'm on holiday at the moment and won't have access to any post for a couple of weeks. Does anyone know if I can open and fund a new EA account with either cahoot, snoop, principality, skipton or coventry online same day without needing to wait for any user IDs or authentification codes in the post?

Thanks

No paperwork for Snoop.  You can open and fund it within few minutes.