The New Top Easy Access Savings Discussion Area

dosh37

happybagger said:

I'm pleased to have opened up the cahoot 4.55% and family bs 4.60% accounts while they were available 

With cahoot giving 60 days notice of reduction at least there is some insulation there

I also have a Family BS account (4.6%).

That currently tops the interest rate list. I am fully expecting the rate to plummet in the next few days.

I also have two Cahoot sunny day accounts (5%).

No doubt they will follow.

mebu60

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%.

schiff

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?

1spiral

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?

Mine too. Now let's delete these posts in 5...4...3....

ChewyyBacca

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?

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