The New Top Easy Access Savings Discussion Area

cwep2

FSCS limit to be increased to £120k at start of December:

https://www.bankofengland.co.uk/news/2025/november/pra-confirms-fscs-deposit-limit-to-be-increased-to-120000-from-1-december

This was expected but most people had been expecting £110k. This was announced in the last 24hrs. 

Some good news for savers as your money is now a bit safer. 

BreakingGlass

As I said in the separate thread on the subject, hopefully this will drive some small interest rate rises as savings institutions compete for the extra £35k. 

Zaul22

Hopefully not in the form of these 3 months bonus rates more and more banks are doing now. 

deadkenny

DRS1 said:

Born2Save_3 said:

 West Brom BS Triple Access Saver (Issue 1) 

After applying for this account how many days have you waited before hearing anything and/or the account being opened ?

I applied early yesterday and to be fair to WBBS they stated at the start of the process that it may take 3 to 5 working days due to the number of applications.

I got an email confirming the account was open the day after I applied.  Not news but I did want to add that the email said I could not fund the account until the following day.

Applied last Tuesday, it was opened this Monday. Got the email about funding the following day and got PIN to log into the account yesterday. Tried to pay from Nationwide but it doesn't recognise the account details. I could send it anyway but I'm reluctant as there's no guarantee if it goes into some black hole when it doesn't recognise the account. Tried again today and same.

No mobile app with West Brom either?

CuparLad

deadkenny said:

Tried to pay from Nationwide but it doesn't recognise the account details. I could send it anyway but I'm reluctant as there's no guarantee if it goes into some black hole when it doesn't recognise the account. Tried again today and same.

Are you copy/pasting the account number into the NWBS Payee field? FWIW, I was doing this and I had the same issue with the COP failing, yet when I typed in the account number manually, it worked immediately. Could be some formatting or special characters that are screwing things up.

DRS1

deadkenny said:

DRS1 said:

Born2Save_3 said:

 West Brom BS Triple Access Saver (Issue 1) 

After applying for this account how many days have you waited before hearing anything and/or the account being opened ?

I applied early yesterday and to be fair to WBBS they stated at the start of the process that it may take 3 to 5 working days due to the number of applications.

I got an email confirming the account was open the day after I applied.  Not news but I did want to add that the email said I could not fund the account until the following day.

Applied last Tuesday, it was opened this Monday. Got the email about funding the following day and got PIN to log into the account yesterday. Tried to pay from Nationwide but it doesn't recognise the account details. I could send it anyway but I'm reluctant as there's no guarantee if it goes into some black hole when it doesn't recognise the account. Tried again today and same.

No mobile app with West Brom either?

Well I was paying from Coventry and had no issues with the account being recognised.  I can't remember if I copied and pasted or typed the numbers out.  I did once have a issue where I copied and pasted and for some reason there was a space at the start of the number so the last digit got left out.  I had to edit out the space at the front and add the last digit at the end.

deadkenny

CuparLad said:

deadkenny said:

Tried to pay from Nationwide but it doesn't recognise the account details. I could send it anyway but I'm reluctant as there's no guarantee if it goes into some black hole when it doesn't recognise the account. Tried again today and same.

Are you copy/pasting the account number into the NWBS Payee field? FWIW, I was doing this and I had the same issue with the COP failing, yet when I typed in the account number manually, it worked immediately. Could be some formatting or special characters that are screwing things up.

I was manually typing it on the phone in NW app. I've just tried on the web and tried manual typing or copy & paste and it showed the same error.

I tried again and this time it worked 🤷‍♂️

All good now I hope. No sign of it in WB though yet. Their online banking seems a bit basic and they seem slow at doing things.

Update: All gone through now, and it's updated the rate to show 4.55% gross (was saying 0)

Zaul22

Just noticed a surprising new entry on MFC. AA Easy access. 4.2% for anyone, 4.3% for members. Both include a 1.2 boost for a year. Monthly only. Really Natwest. 

soulsaver

Zaul22 said:

Just noticed a surprising new entry on MFC. AA Easy access. 4.2% for anyone, 4.3% for members. Both include a 1.2 boost for a year. Monthly only. Really Natwest. 

I couldn't make my mind up whether to give this the 4.30% position in rankings...

... so I've ranked it as 4.30% & included the 4.20% link for non members where both will be seen.

AA EA Members Saver  4.30% Otherwise 4.20% Incl. 1st year bonus (19/11).