The New Top Easy Access Savings Discussion Area

flaneurs_lobster

StayinAlive said:

On the Cahoot Sunny Day Saver, does the (£3000) limit for payment of interest include accrued interest or do you have to keep taking it out every month (assuming you're monthly interest)?

£3k limit is what it says, any balance above will not attract interest. Skim it off to somewhere else (another CSDS would be ideal).

Bridlington1

@soulsaver

Skipton Bonus Saver 4.50% £1 min; £50k max inc. 1.7% fixed 1st yr bonus  NLA

Skipton Member Bonus Saver at 5% also NLA.

hoppy2

After all my upgrading with sunny day savers I can confirm they're all showing 5%(even my 3 expired ones) and now all have an account opening date of 2nd April 2025 for 12 months 

friolento

hoppy2 said:

After all my upgrading with sunny day savers I can confirm they're all showing 5%(even my 3 expire ones) and all  have an account opening date of 2nd April 2025 for 12 months 

Did you open them all on April 2 2025? 

Bridlington1

Bridlington1 said:

@soulsaver

Skipton Bonus Saver 4.50% £1 min; £50k max inc. 1.7% fixed 1st yr bonus  NLA

Skipton Member Bonus Saver at 5% also NLA.

For now it seems both accounts can still be opened via the following links:

Bonus Saver:
https://secure.skipton.co.uk/portal/NewAccount/29856

Member Bonus Saver:
https://secure.skipton.co.uk/portal/OpenAccount/29788

I'd imagine these links shall go dead very soon but I've just managed to ``refresh" the Member Bonus Saver this way and open a Bonus Saver. I'll fund these in early September to push the maturity date on as late as possible.

EDIT: Above links now appear to be dead.

cadguy77

Bridlington1 said:

Bridlington1 said:

@soulsaver

Skipton Bonus Saver 4.50% £1 min; £50k max inc. 1.7% fixed 1st yr bonus  NLA

Skipton Member Bonus Saver at 5% also NLA.

For now it seems both accounts can still be opened via the following links:

Bonus Saver:
https://secure.skipton.co.uk/portal/NewAccount/29856

Member Bonus Saver:
https://secure.skipton.co.uk/portal/OpenAccount/29788

I'd imagine these links shall go dead very soon but I've just managed to ``refresh" the Member Bonus Saver this way and open a Bonus Saver. I'll fund these in early September to push the maturity date on as late as possible.

Can you clarify your 'refresh' method? I hit a brick wall having already opened and funded a MBS issue 2 back in June

Bridlington1

cadguy77 said:

Bridlington1 said:

Bridlington1 said:

@soulsaver

Skipton Bonus Saver 4.50% £1 min; £50k max inc. 1.7% fixed 1st yr bonus  NLA

Skipton Member Bonus Saver at 5% also NLA.

For now it seems both accounts can still be opened via the following links:

Bonus Saver:
https://secure.skipton.co.uk/portal/NewAccount/29856

Member Bonus Saver:
https://secure.skipton.co.uk/portal/OpenAccount/29788

I'd imagine these links shall go dead very soon but I've just managed to ``refresh" the Member Bonus Saver this way and open a Bonus Saver. I'll fund these in early September to push the maturity date on as late as possible.

Can you clarify your 'refresh' method? I hit a brick wall having already opened and funded a MBS issue 2 back in June

Close your existing issue 2 and then immediately open a new one. I would imagine it's a bit risky refreshing now though given that the link could stop working at any minute.

SnowMan

It has just been announced that Bank Base Rate has reduced from 4.25% to 4%
https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2025/august-2025

At its meeting ending on 6 August 2025, the MPC voted by a majority of 5–4 to reduce Bank Rate by 0.25 percentage points, to 4%, rather than maintaining it at 4.25% ...... Four of these five members preferred a 0.25 percentage point reduction in Bank Rate at this meeting ..... One of these five members preferred a 0.5 percentage point reduction in Bank Rate at this meeting ..... Four members preferred to hold Bank Rate at 4.25% at this meeting

Next decision Thursday 18th September 2025

Bridlington1

SnowMan said:

It has just been announced that Bank Base Rate has reduced from 4.25% to 4%
https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2025/august-2025
At its meeting ending on 6 August 2025, the MPC voted by a majority of 5–4 to reduce Bank Rate by 0.25 percentage points, to 4%, rather than maintaining it at 4.25%

Next decision Thursday 18th September 2025

@soulsaver

Due to the above:

Chip Instant Access Account to fall from 5.1% to 4.85%

Chase Boosted Rate Svr to fall from 5.00% to 4.75%

Oxbury EA Bonus Base Rate Trckr 1 to fall from 4.61% to 4.36%

exel1966

Bridlington1 said:

SnowMan said:

It has just been announced that Bank Base Rate has reduced from 4.25% to 4%
https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2025/august-2025
At its meeting ending on 6 August 2025, the MPC voted by a majority of 5–4 to reduce Bank Rate by 0.25 percentage points, to 4%, rather than maintaining it at 4.25%

Next decision Thursday 18th September 2025

@soulsaver

Due to the above:

Chase Boosted Rate Svr to fall from 5.00% to 4.75%

Or 4.30% depending which one you have. Both will reduce on 14/08.