The New Top Easy Access Savings Discussion Area

mebu60

ChewyyBacca said:

schiff said:

Skipton
I've got a clear note that the interest rate on the Bonus Saver (Issue 12) was due to be reduced to 4.25% on 1/9.
Yet it's still showing 4.50% when I log in and all the other Skipton reductions on 1/9 have occurred as expected.
Comments?

On similar note, I have entry in my spreadsheet that Skipton Member Bonus Saver Issue 2 was due to be reduced from 5% to 4.75% on 1 Sept 25. Today when I log in, it still shows as 5%. I noticed this after transferring £3k out. Ofcourse I transferred it all back in! 
Any inkling what is the date of interest rate reduction?

My MBS Issue 2 is showing the expected reduction to 4.75% but the Bonus Saver Issue 12 is still showing 4.5% rather than 4.25% so I haven't shipped anything out of that yet. 

mebu60

1spiral said:

Do Nottingham B/S withdrawals arrive same day?

Their FAQ state withdrawals on a Monday will reach your account on Tuesday but underneath the table they state "Faster Payments requested after 4pm...................." so is it a next day withdrawal or a faster payment.

@1spiral have you opened an account with them? What did you have to physically do for the photo id? It says validation is carried out by a [named] third party. That was enough to cause me not to progress.

Also, does anyone know what the minimum operating balance is for the Nottingham Bonus Access Saver Issue 11? Minimum deposit is £1k but couldn't see anywhere what minimum operating balance is. 

Bridlington1

mebu60 said:

1spiral said:

Do Nottingham B/S withdrawals arrive same day?

Their FAQ state withdrawals on a Monday will reach your account on Tuesday but underneath the table they state "Faster Payments requested after 4pm...................." so is it a next day withdrawal or a faster payment.

@1spiral have you opened an account with them? What did you have to physically do for the photo id? It says validation is carried out by a [named] third party. That was enough to cause me not to progress.

Also, does anyone know what the minimum operating balance is for the Nottingham Bonus Access Saver Issue 11? Minimum deposit is £1k but couldn't see anywhere what minimum operating balance is. 

Not the person you asked but I opened a Nottingham BS regular saver with the minimum a couple of months back and for the ID checks IIRC I just had to take a photo of my passport, do a selfie and that was about it, only took a couple of minutes.

mebu60

Bridlington1 said:

mebu60 said:

1spiral said:

Do Nottingham B/S withdrawals arrive same day?

Their FAQ state withdrawals on a Monday will reach your account on Tuesday but underneath the table they state "Faster Payments requested after 4pm...................." so is it a next day withdrawal or a faster payment.

@1spiral have you opened an account with them? What did you have to physically do for the photo id? It says validation is carried out by a [named] third party. That was enough to cause me not to progress.

Also, does anyone know what the minimum operating balance is for the Nottingham Bonus Access Saver Issue 11? Minimum deposit is £1k but couldn't see anywhere what minimum operating balance is. 

Not the person you asked but I opened a Nottingham BS regular saver with the minimum a couple of months back and for the ID checks IIRC I just had to take a photo of my passport, do a selfie and that was about it, only took a couple of minutes.

Thanks @Bridlington1 that's what I'm wanting to understand, e.g. do you need a smartphone to open the account if you have to take a photo of your document and a selfie. And what do you have to do with said photos, do they need to be emailed somewhere? (i.e. could photos be taken old school with a digital camera, uploaded and emailed). And I thought technology was going to make all our lives easier! 

Aidanmc

ChewyyBacca said:

schiff said:

Skipton
I've got a clear note that the interest rate on the Bonus Saver (Issue 12) was due to be reduced to 4.25% on 1/9.
Yet it's still showing 4.50% when I log in and all the other Skipton reductions on 1/9 have occurred as expected.
Comments?

On similar note, I have entry in my spreadsheet that Skipton Member Bonus Saver Issue 2 was due to be reduced from 5% to 4.75% on 1 Sept 25. Today when I log in, it still shows as 5%. I noticed this after transferring £3k out. Ofcourse I transferred it all back in! 
Any inkling what is the date of interest rate reduction?

Mine was showing the reduced rate of 4.75% yesterday

Ch1ll1Phlakes

Aidanmc said:

ChewyyBacca said:

schiff said:

Skipton
I've got a clear note that the interest rate on the Bonus Saver (Issue 12) was due to be reduced to 4.25% on 1/9.
Yet it's still showing 4.50% when I log in and all the other Skipton reductions on 1/9 have occurred as expected.
Comments?

On similar note, I have entry in my spreadsheet that Skipton Member Bonus Saver Issue 2 was due to be reduced from 5% to 4.75% on 1 Sept 25. Today when I log in, it still shows as 5%. I noticed this after transferring £3k out. Ofcourse I transferred it all back in! 
Any inkling what is the date of interest rate reduction?

Mine was showing the reduced rate of 4.75% yesterday

Think it's just the Skipton system not showing the correct rate in the app. Mine was 5% yesterday but 4.75% today

Born2Save_3

Cahoot Sunny Day Saver Issue 5 Upgrade Monthly Interest

Since the interest paid just after an upgrade to a Sunny Day Saver Issue 5 recently, has anyone received a further interest payment ?

Thanks

janusd

mebu60 said:

Can anyone tell me if Hampshire Trust has announced an upcoming rate reduction to their NLA EA accounts?

Having shifted funds from Cynergy due to their unannounced reduction to 4.19% (still no response to secure message, today is third working day they aim to respond by) to HTB EA Issue 30 at 4.4%, it occurs to me that having had just £1 in there previously they may have communicated an imminent rate reduction but only to those with >£100.  Current HTB EA offering is Issue 32 at 4.0%.

there have been no rate changes announced by HTB - the last email I had was in March for Issue 28 when that went from 4.5% to 4% and I suspect I only had £1 in it at the time... their most recent historic interest rates pdf confirms there had been no changes upto 12th August.

janusd

Born2Save_3 said:

Cahoot Sunny Day Saver Issue 5 Upgrade Monthly Interest

Since the interest paid just after an upgrade to a Sunny Day Saver Issue 5 recently, has anyone received a further interest payment ?

if you upgrade a Cahoot SDS, it resets the monthly interest payment date to 1 month after the upgrade... e.g, if you upgraded on 1st September, your next interest payment should be the 2nd of every month starting from October... I upgraded most of mine on 5th August, so i'm expecting interest payments for them on the 6th September.

Born2Save_3

janusd said:

Born2Save_3 said:

Cahoot Sunny Day Saver Issue 5 Upgrade Monthly Interest

Since the interest paid just after an upgrade to a Sunny Day Saver Issue 5 recently, has anyone received a further interest payment ?

if you upgrade a Cahoot SDS, it resets the monthly interest payment date to 1 month after the upgrade... e.g, if you upgraded on 1st September, your next interest payment should be the 2nd of every month starting from October... I upgraded most of mine on 5th August, so i'm expecting interest payments for them on the 6th September.

Thanks for explaining this.  I was becoming concerned that interest may not be paid or withheld for certain reasons.