The New Top Easy Access Savings Discussion Area

p1ston

They can't afford me . The facts remain, inflation almost twice their target. They are reducing interest rates. Crazy signals.
Anyway, thanks to the people who pointed me to the cash isa. 
I was given a higher rate on a new Charter savings than my issue 62 which is about to go down.
But that's another board

SloughSally

friolento said:

p1ston said:

SloughSally said:
So they were very wide of the mark and like all these “ forecasts” like GDP etc were  hugely optimistic, probably from political pressure to say what certain people want them to say.

They  were saying they need to be careful in cutting rates , yet now with inflation over 1.5% above their forecast from 14 months ago they plan to do exactly that next week despite already cutting it multiple times since.

Exactly. They don't know what they're doing/forecasting. Anyone remember autumn 2020? "Inflation is a temporary thing" BOE. One of a string of bad decisions taken in the past 30 years MPC creation

Have you considered offering them your services so they can know what they are doing?

The difference is he is not on £200k a year for guessing what inflation will be in 12 months like these clowns.
They  constantly get it completely wrong and then lower  interest rates as if their forecast/ guess  was correct despite inflation still being virtually double what they forecast / guessed.
Their 2% inflation remit has been thrown out of the window because of political pressure from the lunatics running the asylum.

Bridlington1

@soulsaver

 Monument Bank EA 4.41 > 4.51inc fixd 0.74% newbies boost to 01/12/26 £25k minFR NLA
Tipton & Coseley BS Triple Access Saver £5k min 4.30%. NLA

dosh37

dosh37 said:

jak22 said:

Joining Charter and KR in announcing drops of around 0.3 to 0.4% AER even before this month's rate announcement (18th Dec) 

The KR new system Issue 9 (instant) at 4.17% AER (4.09% monthly) would be slightly higher, for now

At least Charter (I think) allow internal transfers (based on previous experience).

That means you should be able open a new Iss69 (4.18%) and transfer from an existing Iss62 (4.36% reducing to 4%) relatively easily without having to go via an external nominated account.

With KR, on the other hand you are forced to use an external linked account because they have changed their account processes. That could be a pain because of faster payment limits and bank security restrictions. As far as I know, KR do not allow deposits by cheque (still waiting for a secure message reply from them to confirm this).

Kind of ironic that both Charter and KR are both owned by a single parent bank named 'One Savings Bank'.

Something to watch out for despite the FSCS limit increase to £120K.

janusd

dosh37 said:

dosh37 said:

jak22 said:

Joining Charter and KR in announcing drops of around 0.3 to 0.4% AER even before this month's rate announcement (18th Dec) 

The KR new system Issue 9 (instant) at 4.17% AER (4.09% monthly) would be slightly higher, for now

At least Charter (I think) allow internal transfers (based on previous experience).

That means you should be able open a new Iss69 (4.18%) and transfer from an existing Iss62 (4.36% reducing to 4%) relatively easily without having to go via an external nominated account.

With KR, on the other hand you are forced to use an external linked account because they have changed their account processes. That could be a pain because of faster payment limits and bank security restrictions. As far as I know, KR do not allow deposits by cheque (still waiting for a secure message reply from them to confirm this).

Kind of ironic that both Charter and KR are both owned by a single parent bank named 'One Savings Bank'.

Something to watch out for despite the FSCS limit increase to £120K.

Kent Reliance & Charter Savings currently each have their own separate FSCS protection, so it's nothing to worry about immediately.

E_zroda

SloughSally said:

friolento said:

p1ston said:

SloughSally said:
So they were very wide of the mark and like all these “ forecasts” like GDP etc were  hugely optimistic, probably from political pressure to say what certain people want them to say.

They  were saying they need to be careful in cutting rates , yet now with inflation over 1.5% above their forecast from 14 months ago they plan to do exactly that next week despite already cutting it multiple times since.

Exactly. They don't know what they're doing/forecasting. Anyone remember autumn 2020? "Inflation is a temporary thing" BOE. One of a string of bad decisions taken in the past 30 years MPC creation

Have you considered offering them your services so they can know what they are doing?

... because of political pressure from the lunatics running the asylum.

Like shown here? https://www.youtube.com/watch?v=NabuGxNuCI4

flaneurs_lobster

Revolut 

4.5% var incl 1.5% boost for up to £20k until 31/07/26.

Deposits held with Clearbank.

friolento

flaneurs_lobster said:

Revolut 

4.5% var incl 1.5% boost for up to £20k until 31/07/26.

Deposits held with Clearbank.

Nice account but not for me, it seems. Never mind, their loss, as I currently still have alternatives 

flaneurs_lobster

friolento said:

flaneurs_lobster said:

Revolut 

4.5% var incl 1.5% boost for up to £20k until 31/07/26.

Deposits held with Clearbank.

Nice account but not for me, it seems. Never mind, their loss, as I currently still have alternatives 

Don't know if this is a new offer but I've just found out about it by email.

Maybe their servers are a little stretched?

janusd

flaneurs_lobster said:

Revolut 

4.5% var incl 1.5% boost for up to £20k until 31/07/26.

Deposits held with Clearbank.

it looks to be a new account launched yesterday...

Revolut Savings

Get a boosted 4.50% AER (variable) if you open an Instant Access Savings account before 22 January 2026. No withdrawal fees. No minimums.

The 4.50% AER (variable) boosted rate is a limited-time offer available to eligible new and existing Revolut UK customers who have not previously opened a Savings account before 10 December 2025. The promotion will run from 10 December 2025 to 22 January 2026. Eligible customers who set up a personal Instant Access Savings account during this period will benefit from a boosted 4.50% AER (variable) until 31 July 2026. This rate will apply up to £20,000. For any amount over that, a blended rate will apply between the boosted rate and the applicable plan rate. After 31 July 2026, your Instant Access Savings rate will revert to the rate determined by your plan. For more information see Summary Box - Revolut Promo Rate Instant Access Savings (powered by ClearBank).

no immediate need for me either (have Zopa & Ulster that will beat or match it), but worthy of a closer look over the weekend.