The New Top Easy Access Savings Discussion Area

Bridlington1

roose0 said:

Barclays Rainy Day Saver (£5k max) reducing from 4.36% to 4.21% AER on 30 October 2025.

Possibly in anticipation of a base rate cut in November.

The rate for balances over £5k is also reducing slightly. Though I can't help but notice Barclays have added a double space in the interest rate cut announcement.

DirtyConcrete

Coventry Building Society reducing rates from 1 and 2 September - different reductions depending on account but my NLA 4 Access Saver (2) reducing by 0.30% from 4.5% to 4.2%...

https://www.coventrybuildingsociety.co.uk/content/dam/cbs/member/pdfs/savings/rate-change-notice.pdf

SnowMan

DirtyConcrete said:

Coventry Building Society reducing rates from 1 and 2 September - different reductions depending on account but my NLA 4 Access Saver (2) reducing by 0.30% from 4.5% to 4.2%...

https://www.coventrybuildingsociety.co.uk/content/dam/cbs/member/pdfs/savings/rate-change-notice.pdf

And the no longer available 4 access saver (i.e. the issue 1 as well as the issue 2) also reducing from 4.5% to 4.2% AER on 1st September.

The currently available 5 access saver (1 year) appears to be staying at 4.15% AER so just below the no longer available 4 access saver rates.

Note the 5 access saver (1 year) shouldn't be confused with the no longer available 5 access saver (online) and no longer available 5 access saver (2) (online) which are reducing from 4.25% AER to 3.95% AER on 1st September. 

Hopefully I've got that right, very confusing with the similarly named accounts.

BreakingGlass

mebu60 said:

Bridlington1 said:

janusdesign said:

Principality BS have announced a 0.20% reduction on their existing variable rate accounts from 18th September...

Our variable rate savings accounts will be decreasing by 0.20% on 18 September 2025. To view our new interest rates, visit the savings products pages.

for me, the only EA account I have with them is dropping from 2.65% to 2.45%.

for withdrawn products, they haven't updated their rates pdf yet, so you might have to wait for their emails to find out what's happening to those NLA accounts.

@soulsaver

Of note:
Principality BS Online Bonus Triple Access (Iss8) shall drop from 4.45% to 4.25% (includes bonus).

Anyone seen Issue 7 reduction yet? Will it also be down 0.2% to 4.35% or drop to 4.25% to match Issue 8? 

Principality

Issue 7 will be 0.2% reduction.  As highlighted earlier, their website says 'Our variable rate savings accounts will be decreasing by 0.20% on 18 September 2025'.

deepsea_diver

Folks my folks my Chase boosted rate just expired - there was talk a while ago of people closing the saver, and being able to reopen with a new boosted rate - is this still viable or should I just switch to a Cahoot SDS?

I’ve quite liked Chase so far so I’d be happy to stay if it’s possible.

friolento

deepsea_diver said:

Folks my folks my Chase boosted rate just expired - there was talk a while ago of people closing the saver, and being able to reopen with a new boosted rate - is this still viable or should I just switch to a Cahoot SDS?

I’ve quite liked Chase so far so I’d be happy to stay if it’s possible.

If you close all your Chase accounts, you can’t re-open them. I did/do have a 2nd boosted Chase saver, but got that one because Chase made it available to most/all their customers.

You might get lucky at Chip, though they only allow a once-in-life booster, even if you close your account s and sign up again.

Cahoot might well be your best option for now. Don’t be surprised if their rates drop before long

Middle_of_the_Road

SnowMan said:

DirtyConcrete said:

Coventry Building Society reducing rates from 1 and 2 September - different reductions depending on account but my NLA 4 Access Saver (2) reducing by 0.30% from 4.5% to 4.2%...

https://www.coventrybuildingsociety.co.uk/content/dam/cbs/member/pdfs/savings/rate-change-notice.pdf

And the no longer available 4 access saver (i.e. the issue 1 as well as the issue 2) also reducing from 4.5% to 4.2% AER on 1st September.

The currently available 5 access saver (1 year) appears to be staying at 4.15% AER so just below the no longer available 4 access saver rates.

Note the 5 access saver (1 year) shouldn't be confused with the no longer available 5 access saver (online) and no longer available 5 access saver (2) (online) which are reducing from 4.25% AER to 3.95% AER on 1st September. 

Hopefully I've got that right, very confusing with the similarly named accounts.

... especially when they change the existing access terms on these accounts.

I've got 8 Access that were 6 access, or was it 5 access.... 6 access that were either 5/4/or 3 access.. 5 access that were 4 or 3 access previously.😵‍💫

 I don't know why they have to make things so complicated, but I should close them as I can't see them being any use going forward.

Bridlington1

Middle_of_the_Road said:

SnowMan said:

DirtyConcrete said:

Coventry Building Society reducing rates from 1 and 2 September - different reductions depending on account but my NLA 4 Access Saver (2) reducing by 0.30% from 4.5% to 4.2%...

https://www.coventrybuildingsociety.co.uk/content/dam/cbs/member/pdfs/savings/rate-change-notice.pdf

And the no longer available 4 access saver (i.e. the issue 1 as well as the issue 2) also reducing from 4.5% to 4.2% AER on 1st September.

The currently available 5 access saver (1 year) appears to be staying at 4.15% AER so just below the no longer available 4 access saver rates.

Note the 5 access saver (1 year) shouldn't be confused with the no longer available 5 access saver (online) and no longer available 5 access saver (2) (online) which are reducing from 4.25% AER to 3.95% AER on 1st September. 

Hopefully I've got that right, very confusing with the similarly named accounts.

... especially when they change the existing access terms on these accounts.

I've got 8 Access that were 6 access, or was it 5 access.... 6 access that were either 5/4/or 3 access.. 5 access that were 4 or 3 access previously.😵‍💫

 I don't know why they have to make things so complicated, but I should close them as I can't see them being any use going forward.

And I seem to recall this is after they "simplified" their accounts range shortly after taking over Co-operative bank.

pecunianonolet

Leaving this here just in case but that's Oak North having entered my black list, regardless how good any future offers might be. 

https://archive.is/20250815155358/https://www.ft.com/content/41d561de-051a-45f7-90c0-3dbc33973e9e

janusd

friolento said:

deepsea_diver said:

Folks my folks my Chase boosted rate just expired - there was talk a while ago of people closing the saver, and being able to reopen with a new boosted rate - is this still viable or should I just switch to a Cahoot SDS?

I’ve quite liked Chase so far so I’d be happy to stay if it’s possible.

If you close all your Chase accounts, you can’t re-open them. I did/do have a 2nd boosted Chase saver, but got that one because Chase made it available to most/all their customers.

You might get lucky at Chip, though they only allow a once-in-life booster, even if you close your account s and sign up again.

Cahoot might well be your best option for now. Don’t be surprised if their rates drop before long

it's worth remembering that you get two months notice for interest rate drops with Cahoot - so the Sunny Day Saver will be at 5% and the Simple Saver at 4.55% until at least this time in October... though either could go NLA at any time.