The New Top Easy Access Savings Discussion Area

slinger2

friolento said:

Zopa boosted saver down to 4.45% as of today.

As I had a fair amount in there, and still have a Cahoot Simple saver that I believe will still be paying 4.55% for at least 2 more months, I have now moved all but £1 from Zopa to Cahoot. 

I've topped up my Skipton Member Bonus Saver (NLA) which currently still pays 4.75% up to £5k and some over to Cahoot. With regular savers going out today that just about clears out my Zopa account at the moment. Still a useful account to have on standby.

SnowMan

Coventry Building Society rate reductions just announced

4 access saver 1 year, no longer available, reducing from 4.3% AER to 4.15% AER on 20th January 2026.

5 access saver 1 year, no longer available, reducing from 4.15% AER to 4% AER on 20th January 2026

Other changes listed here

https://www.coventrybuildingsociety.co.uk/content/dam/cbs/member/pdfs/savings/rate-change-notice.pdf

13zero8

huw01 said:

The limited edition saver. So limited they forgot to give the date the rate changes in the email 

I received the email this morning and thought I was going mad when I couldn't see a date for the new rate.

Wonder why they have staggered sending the emails out? Does this point towards the rate dropping in more than the usual 14 day notice period, or are there going to be different reduction dates depending on when you received the email? 

Also, if it is 14 days until the rate drop, can they only start the notice period starting from the day they actually manage to give us a date of the reduction?

intalex

Skipton rate cuts take effect 26 Jan:
https://www.skipton.co.uk/content/dam/sbs-sites/skipton-co-uk/documents/help-and-support/extra-support/base-rate/variable-account-changes.pdf

0.35% cut for the recent popular (NLA) ones....

ColdIron

intalex said:

Skipton rate cuts take effect 26 Jan:
https://www.skipton.co.uk/content/dam/sbs-sites/skipton-co-uk/documents/help-and-support/extra-support/base-rate/variable-account-changes.pdf

0.35% cut for the recent popular (NLA) ones....

Blimey, that's not an easy read

Highlights for me and perhaps others:

Member Bonus Saver Issue 2 - 4.40% (from 4.75%) 

Bonus Saver Issue 12 - 3.90% (from 4.25%)

BreakingGlass

ColdIron said:

intalex said:

Skipton rate cuts take effect 26 Jan:
https://www.skipton.co.uk/content/dam/sbs-sites/skipton-co-uk/documents/help-and-support/extra-support/base-rate/variable-account-changes.pdf

0.35% cut for the recent popular (NLA) ones....

Blimey, that's not an easy read

Highlights for me and perhaps others:

Member Bonus Saver Issue 2 - 4.40% (from 4.75%) 

Bonus Saver Issue 12 - 3.90% (from 4.25%)

Many thanks - those are the two that I was looking for!

ColdIron

intalex said:

ColdIron said:

Blimey, that's not an easy read

Highlights for me and perhaps others:

Member Bonus Saver Issue 2 - 4.45% (from 4.75%) 

Bonus Saver Issue 12 - 3.90% (from 4.25%)

Member Bonus Saver is 4.40% please edit then I'll delete this msg...

Oops, ta, apols

friolento

gt94sss2 said:

friolento said:

Zopa boosted saver down to 4.45% as of today.

As I had a fair amount in there, and still have a Cahoot Simple saver that I believe will still be paying 4.55% for at least 2 more months

I thought that Cahoot had lowered the rate on their Simple Saver accounts to 4.40% from the start of December?

You are absolutely right, I had not updated my records. So now the money is back in Zopa. Thanks for correcting me 

wiseonesomeofthetime

ColdIron said:

intalex said:

Skipton rate cuts take effect 26 Jan:
https://www.skipton.co.uk/content/dam/sbs-sites/skipton-co-uk/documents/help-and-support/extra-support/base-rate/variable-account-changes.pdf

0.35% cut for the recent popular (NLA) ones....

Blimey, that's not an easy read

Highlights for me and perhaps others:

Member Bonus Saver Issue 2 - 4.40% (from 4.75%) 

Bonus Saver Issue 12 - 3.90% (from 4.25%)

Makes the Member Bonus Saver pointless for me now then as I have Cahoot Simple at 4.40% with a ceiling considerably higher than my entire savings, and instant access.

happybagger

Skipton will have amended following base rate changes, whereas cahoot will not. I'll keep my Skipton in case of cahoot changes (despite the 60 day notice)