The New Top Easy Access Savings Discussion Area

flaneurs_lobster

1spiral said:

proudgecko said:

Cahoot - I’ve just had two email saying they have upgraded my account to a Sunny Day saver issue 5
but all my Cahoot accounts are already sunny day saver issue 5
I don’t want to call they as they might notice I have more than one and close some down
anyone else had the same email?

Me too, was just coming to post the same question.

I also notice that there's no way to see to which Sunny Day the email refers (there's no account number or part thereof).

But I guess since you are only allowed one it's self-evident..........

Keith80

janusd said:

proudgecko said:

Cahoot - I’ve just had two email saying they have upgraded my account to a Sunny Day saver issue 5
but all my Cahoot accounts are already sunny day saver issue 5
I don’t want to call they as they might notice I have more than one and close some down
anyone else had the same email?

yeah - I just got 4 from the upgrades I did on the 5th August... concerned for a second when I saw the subject lines, but they're just delayed upgrade confirmation emails - nothing to worry about.

There is something to worry about if you also have the simple saver issue 10, because the unsolicited 'upgrade' email in that case attaches details about issue11, whose current rate is lower, and so if they do in fact transition the account (which they haven’t actually done so far fortunately) it will be a 'downgrade'.

janusd

Keith80 said:

janusd said:

proudgecko said:

Cahoot - I’ve just had two email saying they have upgraded my account to a Sunny Day saver issue 5
but all my Cahoot accounts are already sunny day saver issue 5
I don’t want to call they as they might notice I have more than one and close some down
anyone else had the same email?

yeah - I just got 4 from the upgrades I did on the 5th August... concerned for a second when I saw the subject lines, but they're just delayed upgrade confirmation emails - nothing to worry about.

There is something to worry about if you also have the simple saver issue 10, because the unsolicited 'upgrade' email in that case attaches details about issue11, whose current rate is lower, and so if they do in fact transition the account (which they haven’t actually done so far fortunately) it will be a 'downgrade'.

these 4 emails were solicited in the sense that I chose to upgrade four existing accounts to SDS Issue 5 (I think 3 were already SDS earlier issues and one was a Simple Saver).... Cahoot are not going to upgrade/downgrade existing accounts of their own choosing - yes, they will reduce the rate of Issue 10 to 4.35% in December, but Issue 11 remains at 4.40% with no notice of any change yet - I have 2 x Issue 11 accounts (nothing in the terms to say you can't have more than 1 - I spent 20 mins checking those terms closely before opening the second)... as I said, absolutely nothing to worry about - if Cahoot want to send a wrong document in an upgrade email, let them - i'm not going to lose any sleep over it.

allegro120

proudgecko said:

Cahoot - I’ve just had two email saying they have upgraded my account to a Sunny Day saver issue 5
but all my Cahoot accounts are already sunny day saver issue 5
I don’t want to call they as they might notice I have more than one and close some down
anyone else had the same email?

Yes, I've received 14 e-mails from Cahoot today.  It is a bit strange to receive them today because I've upgraded all accounts on 3rd and 4th August, that's more than a month ago.

I would definitely not call them, unless it is the real emergency.

Sherbertfizz

Has anyone here opened a Sidekick Multi Shield Account?  Supposed to be paying 4.48% (which includes a 1% bonus rate for 6 months) on balances between £10k and £85k, but when I was going through the process of setting up an account, the interest terms in the Summary Box were completely different.  Sent a screenshot to Sidekick through the app and got a message thanking me for pointing it out and advising that it will be raised with their internal team!  Doesn't exactly inspire confidence...

hoppy2

got the SDS e-mail today and got the interest from all that I had upgraded, 5 in all at 5%, 3 had expired and I upgrade them just on the off chance

schiff

I've only recently opened a Cahoot SS and SDS. Would someone provide a brief summary of the trick (?) to get more SDSs. TIA 

mon3ysav3r

schiff said:

I've only recently opened a Cahoot SS and SDS. Would someone provide a brief summary of the trick (?) to get more SDSs. TIA 

To upgrade some existing Cahoot accounts to “Sunny Day Saver” see https://forums.moneysavingexpert.com/discussion/6534798/the-new-top-easy-access-savings-discussion-area/p287 there is a button link titled "Upgrade my existing account". If you are new to Cahoot you may not have any old accounts to upgrade.

jaypers

I had 3 old Cahoot accounts and have a current joint and sole Sunny Day Saver. Just upgraded one of the old account to a new SD Saver. Worked immediately……..no idea if they will do anything but thought I would give it a go. 

Bridlington1

Not a top one yet but possibly one to open speculatively:

Post Office Money Online Saver Issue 82 now pays 4.13% but includes a fixed bonus of 3.13% for 12 months.