The New Top Easy Access Savings Discussion Area

allegro120

SickGroove said:

Does the interest get paid monthly into the same account on the new Zopa 4.75% account?

Yes, the interest will be paid into 4.75% pot.

janusd

Bridlington1 said:

@soulsaver

Coventry BS 4 Access Saver - 1 Year 4.3% to be launched tomorrow

Chip Easy Access Saver `tri' 4.37% (includes 1.63% bonus for 12 months)

is the Coventry 5-Access Saver - 1 Year @ 4.15% a new rate / issue too? the logo icon is missing on Moneyfacts which is usually a sign that it's a new product / rate...

Bridlington1

janusd said:

Bridlington1 said:

@soulsaver

Coventry BS 4 Access Saver - 1 Year 4.3% to be launched tomorrow

Chip Easy Access Saver `tri' 4.37% (includes 1.63% bonus for 12 months)

is the Coventry 5-Access Saver - 1 Year @ 4.15% a new rate / issue too? the logo icon is missing on Moneyfacts which is usually a sign that it's a new product / rate...

It's been around for a couple of months IIRC.

EDIT: Just checked the wayback machine, seems to've been around since at least August.
https://web.archive.org/web/20250830170451/https://www.coventrybuildingsociety.co.uk/member/product/savings/limited_access/5-access-saver-1-year.html

francoghezzi

Bridlington1 said:

janusd said:

Bridlington1 said:

@soulsaver

Coventry BS 4 Access Saver - 1 Year 4.3% to be launched tomorrow

Chip Easy Access Saver `tri' 4.37% (includes 1.63% bonus for 12 months)

is the Coventry 5-Access Saver - 1 Year @ 4.15% a new rate / issue too? the logo icon is missing on Moneyfacts which is usually a sign that it's a new product / rate...

It's been around for a couple of months IIRC.

EDIT: Just checked the wayback machine, seems to've been around since at least August.
https://web.archive.org/web/20250830170451/https://www.coventrybuildingsociety.co.uk/member/product/savings/limited_access/5-access-saver-1-year.html

I can confirm. I opened it last August

Bridlington1

francoghezzi said:

Bridlington1 said:

janusd said:

Bridlington1 said:

@soulsaver

Coventry BS 4 Access Saver - 1 Year 4.3% to be launched tomorrow

Chip Easy Access Saver `tri' 4.37% (includes 1.63% bonus for 12 months)

is the Coventry 5-Access Saver - 1 Year @ 4.15% a new rate / issue too? the logo icon is missing on Moneyfacts which is usually a sign that it's a new product / rate...

It's been around for a couple of months IIRC.

EDIT: Just checked the wayback machine, seems to've been around since at least August.
https://web.archive.org/web/20250830170451/https://www.coventrybuildingsociety.co.uk/member/product/savings/limited_access/5-access-saver-1-year.html

I can confirm. I opened it last August

And now it's just disappeared from moneyfacts suggesting it's set to go NLA within hours, the 4 access saver at 4.3% thus seems to be its replacement.

BreakingGlass

Coventry

I’ve just opened the new 4 Access at 4.3%, funded with the £1 balance (plus over £2k interest) from closing my old 4 Access, which was at 4.2%.

jaypers

Zopa…..maybe a game changer and will make others like Chase think about their rates? It’s a bit clunky to set up as you have to click on the link to accept it BEFORE you pay in the £500 but once done it’s all easy and the rate shows as it should. Even recommended a family member to join up and we both got the £10 referral credited immediately.

I do think they are a bit basic with their banking facilities and they need to work on their customer service info. I’ve had a few payments out going pending for longer than expected, and when querying on their on their online chat was told that there was nothing the could do, I have to wait and it can take up to 7 days which is absolute nonsense. Both times the payments have gone out in a couple of hours but it’s an odd one.

On the whole though, master stroke by Zopa and I bet there are many tens of thousands going across from Chase to Zopa.

SnowMan

Link to the Coventry Building Society 4 access Saver - 1 year - (4.3% AER variable) mentioned above

https://www.coventrybuildingsociety.co.uk/member/product/savings/limited_access/4-access-saver-1-year.html

Unlike the no longer available 4 access saver (issue 2) - 4.2% AER, this is a one year account

What happens at the end of 12 months?
At the end of 12 months, on the anniversary of account opening, your account will transfer to an Easy Access Saver (Maturity) – an account which allows unlimited withdrawals without charge. Easy Access Saver (Maturity) will pay a lower rate than 4 Access Saver - 1 Year.

And withdrawal restrictions are

Take money out of your account up to 4 times [over the year that the account runs for] with no charge. For the 5th and subsequent withdrawals (which include closure), there will be a charge equal to 50 days' interest on the amount withdrawn.

mebu60

BreakingGlass said:

Coventry

I’ve just opened the new 4 Access at 4.3%, funded with the £1 balance (plus over £2k interest) from closing my old 4 Access, which was at 4.2%.

Annoyingly I am still waiting for the new account opened earlier this morning to appear so that I can follow suit. 

topyam

allegro120 said:

exel1966 said:

Looks like Ulster is going to take a back seat now. How things drop out of favour quickly in this dynamic market, but I wonder who's going to be bold enough to launch a straight 5% without a balance restriction (Cahoot)

Yep, it is notable that savings rates on the way up again.  

Only able to withdraw £2k a day from Ulster from my phone. Another reason to move it all to Zopa.