The New Top Easy Access Savings Discussion Area

allegro120

Rheumatoid said:

Futuristic said:

Rheumatoid said:

Just put over 5k in mine and interest rate showing as 1.05%. Presume it will sort itself out on Monday maybe? 

Yes, online banking also states it updates on business days only:
This is based on your balance from end of last business day

Thanks.  Transfers in and out from my NW current instantaneous 

They look the same on the app and online, but Ulster operates differently from NW/RBS.  The product range is different too.

allegro120

Malchester said:

Ulster Bank Limited Saver Account interest. I have been talking to Cora. Had to ask the question 3 times to get someone to answer re bonus interest. This is their final reply:

No, Malcom. You only lose the bonus interest rate for the days you are below the £5000 requirement, as interest is calculated daily.

This is how it works with Loyalty Saver,  I had my balance reduced to zero and back to £5k+ - full interest was paid on the periods I had £5k in.  Limited Saver is a replica, the only new feature I found was monthly interest, so I wouldn't expect this part of the deal to be any different.

DRS1

Rheumatoid said:

Just put over 5k in mine and interest rate showing as 1.05%. Presume it will sort itself out on Monday maybe? 

Mine is now showing as 4.41% Gross 4.5% AER - but maybe I added my money earlier in the day so it showed up at close of business on Friday.

topyam

DRS1 said:

Rheumatoid said:

Just put over 5k in mine and interest rate showing as 1.05%. Presume it will sort itself out on Monday maybe? 

Mine is now showing as 4.41% Gross 4.5% AER - but maybe I added my money earlier in the day so it showed up at close of business on Friday.

Mine is the same. I added £1 earlier, and then made it up to £5000 this afternoon. 

kingboyk

topyam said:

DRS1 said:

Rheumatoid said:

Just put over 5k in mine and interest rate showing as 1.05%. Presume it will sort itself out on Monday maybe? 

Mine is now showing as 4.41% Gross 4.5% AER - but maybe I added my money earlier in the day so it showed up at close of business on Friday.

Mine is the same. I added £1 earlier, and then made it up to £5000 this afternoon. 

Re: Ulster Bank Limited Edition Saver

The cut off must be quite early in the day as I sent my money over yesterday evening, not particularly late maybe around 7pm, and the interest is showing as standard rate because of my balance at "close of business". I naively assumed they'd check the balance at midnight! I've sent my money back to the accounts it came from and will try again on Monday.

Another annoyance is that I'm not receiving deposit notifications from the app for this new account (but I am receiving money sent notifications for it). I sent £1 to Loyalty Saver and £1 to this account as a test this morning and only got a notification about the Loyalty Saver deposit. Is anyone else getting deposit notifications in the (Android) app for deposits to the Limited Edition Saver?

janusd

@soulsaver

Shawbrook Bank Bonus EA - Issue 1 4.30% (inc. 2.8% 6 mths bonus) Newbies** now NLA, replaced by...

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Futuristic

kingboyk said:

topyam said:

DRS1 said:

Rheumatoid said:

Just put over 5k in mine and interest rate showing as 1.05%. Presume it will sort itself out on Monday maybe? 

Mine is now showing as 4.41% Gross 4.5% AER - but maybe I added my money earlier in the day so it showed up at close of business on Friday.

Mine is the same. I added £1 earlier, and then made it up to £5000 this afternoon. 

Re: Ulster Bank Limited Edition Saver

The cut off must be quite early in the day as I sent my money over yesterday evening, not particularly late maybe around 7pm, and the interest is showing as standard rate because of my balance at "close of business". I naively assumed they'd check the balance at midnight! I've sent my money back to the accounts it came from and will try again on Monday.

Another annoyance is that I'm not receiving deposit notifications from the app for this new account (but I am receiving money sent notifications for it). I sent £1 to Loyalty Saver and £1 to this account as a test this morning and only got a notification about the Loyalty Saver deposit. Is anyone else getting deposit notifications in the (Android) app for deposits to the Limited Edition Saver?

Their customer service lines stop around 5 PM so I assume cut off is around then, normal working hours. 

Anyways great rate and transfers in/out from/to Chase is instant so good enough for me. 

CuparLad

If I recall correctly, Ulster Bank's "end of day" is 6.30pm, so it is possible (I did it myself) to withdraw the maximum amount twice on the same calendar day; once before 6.30pm and once after 6.30pm. If you've withdrawn the maximum, that does mean you can't withdraw anything further until 6.30pm the following working day. Helpful if you need to move a large amount on the same calendar day and the destination financial institution considers deposits after 6.30pm as happening the same day.

Malchester

CuparLad said:

If I recall correctly, Ulster Bank's "end of day" is 6.30pm, so it is possible (I did it myself) to withdraw the maximum amount twice on the same calendar day; once before 6.30pm and once after 6.30pm. If you've withdrawn the maximum, that does mean you can't withdraw anything further until 6.30pm the following working day. Helpful if you need to move a large amount on the same calendar day and the destination financial institution considers deposits after 6.30pm as happening the same day.

Yes you are right. If I remember rightly all withdrawals from 6:30pm Friday to 6:30pm Monday are classed as the same day

porcorosso

I havent been with chase for 8 months. If I start up a new account with them do I class as a new customer? So that I can get the 4.5%