The New Top Easy Access Savings Discussion Area

flobbalobbalob

grufferator said:

I want to be able to login on a laptop in case I lose my phone, or break it. What's the logic behind having an app-only bank? 

Some app-only bank apps can be used on some tablets. I prefer that to using my phone. Eg Zopa.

MichaelAP

ZOPA appears to be down at the moment. Can’t access the app (We’re aware of a technical issue affecting some of our products and services). Errr… SOME! If you cannot access your account then that to me is not SOME.

flaneurs_lobster

MichaelAP said:

ZOPA appears to be down at the moment. Can’t access the app (We’re aware of a technical issue affecting some of our products and services). Errr… SOME! If you cannot access your account then that to me is not SOME.

Can see that message AFTER logging into the app. Moving cash between pots/current account is working.

CuparLad

Monument Bank EA Boosted Rate increased to 4.51% (inc 0.74% fixed boost to 01/12/26)

Available to new clients only. Min £25K for rate.

@soulsaver

BooJewels

friolento said:

AndyTh_2 said:

mon3ysav3r said:

grufferator said:

Cahoot is asking me for an SMS code every time I login. Is that the case for everyone, regardless of how long you've use it for?

Yes, always been the case for me, a pain but you don't need to match the case of the letters, which speeds things up a bit.

I normally just copy the code via Google messages for web for other banks, but annoyingly Cahoot/Santander's disabled paste ability.

Still, it's easier to have the Google messages for web visible on monitor to reading and typing manually, than unlocking phone to read out and type

[snip]

I would also much prefer an app, but if we have to choose between very good rates and a bit of old-fashioned login and browser banking, I will always opt for the better rates.[snip]

I feel the same.  There are several ticks in the plus column for me with Cahoot, which mean that I am happy to tolerate their slightly odd interface.  Firstly, they give you 60 days notice of reductions in interest rates and they allow you to have multiple payees, where many savings accounts will only allow you to withdraw to a nominated account, or maybe 2.   Plus moving money seems to happen pretty instantly - usually faster than I can log in to the receiving account to check. 

One thing that irritates me a bit is the 12 month nature of rates on the Simple Savers, where you have to renew every year.  They have however improved that arrangement recently where you can now upgrade an existing account, keeping it open and with the same account number, payees etc.  I've gained on that a little recently, as the new accounts were at slightly better rates than my current one, so I could upgrade to get the new rate before the old account expired.

RunsFromRobots

CuparLad said:

Monument Bank EA Boosted Rate increased to 4.51% (inc 0.74% fixed boost to 01/12/26)

Available to new clients only. Min £25K for rate.

@soulsaver

I downloaded and registered on their app some time ago, but never opened an account (I was about to, but the rate dropped). It seems I'm not eligible as a "new client"...

SFCooper

When does Cahoot pay its monthly interest? My account was opened and paid into on 05/10.

KevinG

SFCooper said:

When does Cahoot pay its monthly interest? My account was opened and paid into on 05/10.

If it's not there today, probably tomorrow.

allegro120

SFCooper said:

When does Cahoot pay its monthly interest? My account was opened and paid into on 05/10.

Your interest should be paid on the 6th.