The New Top Easy Access Savings Discussion Area

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.

1spiral

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. 

No I don't have an account with them. I steer clear of next day withdrawal accounts (hence the reason for my question) unless the rate is sufficient to offset the days loss in interest on withdrawals.

x44

One of Notts earlier bonus access T&C's were that the min was £1000 and indeed you could not withdraw to make the balance less than 1K unless you elected to close the account.

mebu60

x44 said:

One of Notts earlier bonus access T&C's were that the min was £1000 and indeed you could not withdraw to make the balance less than 1K unless you elected to close the account.

Thanks @x44 , I'm pretty sure that's why I had to close a previous account with them as unable to leave £1 in. I think a combination of that, photo id to open and their weird new branding I shall give them a miss. I'm supposed to be simplifying things and having fewer accounts to make things easier for partner and daughter should I become incapable or not around though that plan isn't going so well. The current race to the bottom on rates is probably a good time to make more effort in that regard. 

happybagger

I attempted to open a Nottingham BS online account earlier this year, gave up when it got to the requirement for a smartphone. Tried again later in the year and it told me to login and go from there - seems like it had "saved" my email address as an existing customer without following through with the process. Nobody at Nottingham would help with the process (unlike Progressive and Furness who manually bypassed the selfie nonsense)

All this despite already being a Nottingham member via a branch account. Farcical.

Bridlington1

@soulsaver
Close Bros. 4.30% £10k min NLA, replaced by version at 4.15%

If I'm not mistaken this pulls Family BS Market Tracker Saver at 4.25% into the top 10.