The New Top Easy Access Savings Discussion Area

Born2Save_3

Bridlington1 said:

@soulsaver
Santander Edge Saver 6.0 % £4k MAX inc 2.0% 12mth bonus set to go NLA.

Replaced by Issue 4 at the same rate but with a bonus of 2.5% for 12 months.

Any possibility to have both ?  I haven't tried applying or is it automatically blocked/recognised ?

Bridlington1

Born2Save_3 said:

Bridlington1 said:

@soulsaver
Santander Edge Saver 6.0 % £4k MAX inc 2.0% 12mth bonus set to go NLA.

Replaced by Issue 4 at the same rate but with a bonus of 2.5% for 12 months.

Any possibility to have both ?  I haven't tried applying or is it automatically blocked/recognised ?

Sadly it's recognised.

You can now get an extra Edge Saver as they've launched their Edge Explorer current account and you can have one Edge Saver in sole names for each Edge account and Edge Explorer account you hold, however the Edge Explorer account comes with a £17/mth fee and there isn't a way to dodge the fee on the Explorer account that I can see.

Born2Save_3

Bridlington1 said:

Born2Save_3 said:

Bridlington1 said:

@soulsaver
Santander Edge Saver 6.0 % £4k MAX inc 2.0% 12mth bonus set to go NLA.

Replaced by Issue 4 at the same rate but with a bonus of 2.5% for 12 months.

Any possibility to have both ?  I haven't tried applying or is it automatically blocked/recognised ?

Sadly it's recognised.

You can now get an extra Edge Saver as they've launched their Edge Explorer current account and you can have one Edge Saver in sole names for each Edge account and Edge Explorer account you hold, however the Edge Explorer account comes with a £17/mth fee and there isn't a way to dodge the fee on the Explorer account that I can see.

Thanks.  That's too much.  The interest on £4K is around £20 so not much profit.  I don't know what the benefits are.  Probably most things I wouldn't use or need.

I was pleased to see that Santander Edge basic waives the £25 fee on CHAPS payments.  Never made one of those, only received.  Might try to see what happens.  Probably find there is some hidden intermediary charge or a fee chargeable to the sender for receipt into the beneficiaries account.  Similar to all the hurdles for foreign transfers.

janusd

Family BS Online Saver (Issue 10) (NLA) dropping from 4.55% to 4.35% from 12th October.

SnowMan

janusd said:

Family BS Online Saver (Issue 10) (NLA) dropping from 4.55% to 4.35% from 12th October.

And the Family BS Online Saver (Issue 11) (NLA) dropping from 4.52% AER to 4.35% AER from 12th October (source email received today)

pecunianonolet

SnowMan said:

janusd said:

Family BS Online Saver (Issue 10) (NLA) dropping from 4.55% to 4.35% from 12th October.

And the Family BS Online Saver (Issue 11) (NLA) dropping from 4.52% AER to 4.35% AER from 12th October (source email received today)

Will issue 9 stay at 4.6%. Not had any comms on any issue 9 (yet) from Fam BS

Sherbertfizz

pecunianonolet said:

SnowMan said:

janusd said:

Family BS Online Saver (Issue 10) (NLA) dropping from 4.55% to 4.35% from 12th October.

And the Family BS Online Saver (Issue 11) (NLA) dropping from 4.52% AER to 4.35% AER from 12th October (source email received today)

Will issue 9 stay at 4.6%. Not had any comms on any issue 9 (yet) from Fam BS

My issue 9 reduced to 4.35% on 24 Sept

janusd

pecunianonolet said:

SnowMan said:

janusd said:

Family BS Online Saver (Issue 10) (NLA) dropping from 4.55% to 4.35% from 12th October.

And the Family BS Online Saver (Issue 11) (NLA) dropping from 4.52% AER to 4.35% AER from 12th October (source email received today)

Will issue 9 stay at 4.6%. Not had any comms on any issue 9 (yet) from Fam BS

sadly Issue 9 has already dropped to 4.35% (on 24th September) - I spent days shifting the balance from Issue 9 to Issue 10 this week only to get that email this morning ROFL.

I got an email about Issue 9 from them on 8th September.

This email is to let you know that your savings interest rate(s) will be decreasing. 

The table below shows the savings account(s) you hold with us where the interest rate(s) will be decreasing, the details of the new interest rate(s) and when they take effect. If you hold more than one of the same type and issue of an account, the new interest rate will apply to all of those accounts.

If you would like to review your finances or see details of our other savings account changes, please visit our website familybuildingsociety.co.uk/savings 

Account	Minimum Balance	Current Rate Gross (%)	Current Rate Gross AER^ (%)	New Rate Gross (%)	New Rate Gross AER^ (%)	New Rate Effective From	Interest Frequency
Online Saver (9)	£100	4.60	4.60	4.35	4.35	24 September 2025	Annual

pecunianonolet

Thanks both, must have missed that email. I only hold the minim balance with them but like my Excel tracker to be correct 

SnowMan

pecunianonolet said:

SnowMan said:

janusd said:

Family BS Online Saver (Issue 10) (NLA) dropping from 4.55% to 4.35% from 12th October.

And the Family BS Online Saver (Issue 11) (NLA) dropping from 4.52% AER to 4.35% AER from 12th October (source email received today)

Will issue 9 stay at 4.6%. Not had any comms on any issue 9 (yet) from Fam BS

The current interest rates for Family BS withdrawn savings accounts can be found here

https://www.familybuildingsociety.co.uk/savings/previous-interest-rates-and-withdrawn-accounts

which confirms that the issue 9 dropped to 4.35% AER from 24th September 2025. 

Note that document doesn't show reductions that are scheduled to take place in the future such as the issue 10 and 11 reductions from 12th October