The New Top Easy Access Savings Discussion Area

janusdesign

tg99 said:

Re the Monument rate cut to 4.70% - have people had an email about this? I’ve had nothing as yet and app still shows 5.03%.

possibly there isn't a rate cut for existing users?

if you take a look at their historic rates page, the EA account listings is split into two - those opened before last Friday (you) and those opened after (e.g new accounts).... the former doesn't show any rate drop yet; the latter does.

infoadict

Marcus are dropping their rate.

tg99

janusdesign said:

tg99 said:

Re the Monument rate cut to 4.70% - have people had an email about this? I’ve had nothing as yet and app still shows 5.03%.

possibly there isn't a rate cut for existing users?

if you take a look at their historic rates page, the EA account listings is split into two - those opened before last Friday (you) and those opened after (e.g new accounts).... the former doesn't show any rate drop yet; the latter does.

Will have a look, Thks.

Bridlington1

For those who have it the NLA Post Office Online Saver Issue 72 will reduce from 5.06% to 4.96% on 29/8/24

Bridlington1

@soulsaver

Leeds BS Limited Issue Online Access (Issue 60) 4.85% £1k min now NLA

Slips back slightly with the launch of Leeds BS Limited Issue Online Access (Issue 61) 4.8% £1k min

jak22

Chase drops today

ua8

jak22 said:

Chase drops today

checked this morning its dropped to 4.85%, I have 1% booster till jan 

NameWithheld

Chase changing the base rate tracker differential from 1.15% to 1.25% from 8th October. 

dc_scotland

Apologies if already mentioned, the Santander Easy Access Saver Limited Edition (Issue 3) drops to 4% from 1 October.

infoadict

NameWithheld said:

Chase changing the base rate tracker differential from 1.15% to 1.25% from 8th October. 

I'm a little confused by what Chase say on their details regarding this

https://www.chase.co.uk/gb/en/support/interest-rates-explained/

They indeed say from 8th October the tracker rate will change to 1.25% below base rate. But then say the Boosted Rate will be 4.85% until 16th January 2025. Surely from 8th October this will then be 4.75% (assuming no more cuts)?