The New Top Easy Access Savings Discussion Area

mebu60

Bridlington1 said:

@soulsaver

Shawbrook Bank Bonus EA - Iss2 4.31% (inc. 2.31%fixed 6 mths bonus) NLA
Replaced by Shawbrook Bank Bonus EA - Iss 3 4.34% (inc. 2.34% fixed 12 mths bonus)

For new customers only. 

Meanwhile my £1 with Shawbrook sits at 3.3% (EA Issue 36).  

10_66

Expotter said:

Is it standard practice for Cahoot to ask for proof of ID and address every time you open a new account, even for existing customers? I have two accounts already and also a Santander current account and they're once again asking me to upload documents. 

You’re not alone.  It happens to me every time too.  Cahoot (and then escalated to Santander - with whom I also have accounts) can’t explain  why this happens, all details are exactly the same each time and all are the same as held with credit check agencies.  I never have the issue with Santander accounts.  It is a faff.

Beddie

Expotter said:

Is it standard practice for Cahoot to ask for proof of ID and address every time you open a new account, even for existing customers? I have two accounts already and also a Santander current account and they're once again asking me to upload documents. 

I got asked for ID on the confirmation email, but when I called them they said it wasn't needed!

Alicon88

Hi All,
gonna ask something probably stupid.
I got a chip account (opened only in June with a boosted rate that at time was 4.56% but now sadly it's only 4.06%)

If I completely close the account and then reopen a new one will I be considered a new client or this doesn't do really work (my question is about chip but also to the others major banks really)

Thank you for your help!

friolento

Alicon88 said:

Hi All,
gonna ask something probably stupid.
I got a chip account (opened only in June with a boosted rate that at time was 4.56% but now sadly it's only 4.06%)

If I completely close the account and then reopen a new one will I be considered a new client or this doesn't do really work (my question is about chip but also to the others major banks really)

Thank you for your help!

In my experience, Chip remember if they have given you a bonus rate, and you won't get a second one.

However, why not ditch Chip altogether and go with the Zopa 4.75% one? If you are new to Zopa, you might also qualify for some extra cash, on top of the good savings rate.

pecunianonolet

friolento said:

Alicon88 said:

Hi All,
gonna ask something probably stupid.
I got a chip account (opened only in June with a boosted rate that at time was 4.56% but now sadly it's only 4.06%)

If I completely close the account and then reopen a new one will I be considered a new client or this doesn't do really work (my question is about chip but also to the others major banks really)

Thank you for your help!

In my experience, Chip remember if they have given you a bonus rate, and you won't get a second one.

However, why not ditch Chip altogether and go with the Zopa 4.75% one? If you are new to Zopa, you might also qualify for some extra cash, on top of the good savings rate.

Should work without problem. Similar chat and further info about the conversation and this topic in the ISA thread.

winkowinko

Yes, I closed my Chip account last Sunday and opened a new one 3 days later. All I did was use a different email.

It was an ISA though, but worked fine.

Alicon88

Thank you all for the replies!
Are your experiences with Zopa okay? Never heard of them tbh! 

allegro120

Alicon88 said:

Thank you all for the replies!
Are your experiences with Zopa okay? Never heard of them tbh! 

In my 3 and half years with Zopa I've never had any problems.

nigelholl2

Alicon88 said:

Thank you all for the replies!
Are your experiences with Zopa okay? Never heard of them tbh! 

I too hadn't heard of them, and had a poor view towards App only Accounts at that time

Been with them since start of October, very impressed, almost instant transfers, and it's changed my view to banking using account apps, now use Nationwide's app to setup RS monthly transfers, as so easy

Other views are obviously available