The New Top Easy Access Savings Discussion Area

friolento

tg99 said:

Hi, I probably missed this amongst previous posts but can anyone clarify when the 5% 12 month term runs from re the upgraded cahoot sunny day accounts. I upgraded mine yesterday, they are all showing the correct sunny day rate and the account opening date shown is the original date the account was opened eg I upgraded the first cahoot savings account I opened in 2023 and it still shows this date as the opening date. I can’t see anywhere a reference to a 2 April opening date. Thanks.

Same for all of mine.

I also have one Sunny Day account showing with an interest rate of 0%. It was upgraded from a Simple Saver. All those which were previously Sunny Day savers show 5%.

tg99

friolento said:

tg99 said:

Hi, I probably missed this amongst previous posts but can anyone clarify when the 5% 12 month term runs from re the upgraded cahoot sunny day accounts. I upgraded mine yesterday, they are all showing the correct sunny day rate and the account opening date shown is the original date the account was opened eg I upgraded the first cahoot savings account I opened in 2023 and it still shows this date as the opening date. I can’t see anywhere a reference to a 2 April opening date. Thanks.

Same for all of mine.

I also have one Sunny Day account showing with an interest rate of 0%. It was upgraded from a Simple Saver. All those which were previously Sunny Day savers show 5%.

Of my four I think one or two used to be a sunny day and the others used to be simple savers - they all show the same rate correctly at 5.00% or 4.89% for one that is set for monthly interest.

SJMALBA

It looks like there may be some inconsistencies with Cahoot's upgrades?

FWIW, my two Simple Saver upgrades both show the correct rate (4.89% monthly), but each has the original accounts' opening dates, so one expires in a couple of months, the other in May next year.

the_seer

Newcastle BS 6 Month Saver Issue 2 (4.4%) NLA

moi

friolento said:

tg99 said:

 

I also have one Sunny Day account showing with an interest rate of 0%. It was upgraded from a Simple Saver. All those which were previously Sunny Day savers show 5%.

Thanks for the heads up!  I only have one Cahoot Simple Saver I upgraded to a Sunny. It now shows 5% annual. However my Sunny Iss.4, which I upgraded to an Iss.5, shows 0%, and the opening 04/03/2025. I had £3000 sitting in there at 0% 😱

Bridlington1

For those who have it Ulster Loyalty Saver to fall from 4% to 3.75% for balances of over £5k from 13/10/25

janusdesign

Bridlington1 said:

For those who have it Ulster Loyalty Saver to fall from 4% to 3.75% for balances of over £5k from 13/10/25

for those of us who only have £1 in that account, the rate for £1 - £4,999 is dropping from 1.25% to 1.06% from the above date.

Interest Rates Changes

dosh37

moi said:

friolento said:

tg99 said:

 

I also have one Sunny Day account showing with an interest rate of 0%. It was upgraded from a Simple Saver. All those which were previously Sunny Day savers show 5%.

Thanks for the heads up!  I only have one Cahoot Simple Saver I upgraded to a Sunny. It now shows 5% annual. However my Sunny Iss.4, which I upgraded to a Iss.5, shows 0%, and the opening 04/03/2025. I had £3000 sitting in there at 0% 😱

I have two Sunnys  - both issue 5. Both indicate 5%. Neither have ever been upgraded from any other type of account or issue number.

It would appear that the system allows you to open multiple new accounts with the same issue number.

13zero8

Flippin eck.... Atom Instant Saver Reward dropping by a whopping 0.6% from 4.60% to 4.00%.

Bye bye Atom, it's been good.

janusdesign

13zero8 said:

Flippin eck.... Atom Instant Saver Reward dropping by a whopping 0.6% from 4.60% to 4.00%.
Bye bye Atom, it's been good.

from 22nd August for existing accounts - also their Instant Saver will drop from 2.90% to 2.75% AER on the same day for existing accounts... both rates have changed today for new accounts.

luckily my Atom Reward interest is paid out tomorrow, so I can empty the account afterwards.