The New Top Easy Access Savings Discussion Area

mon3ysav3r

SH88SH88 said:

Is the 4.2% Tesco Internet Saver rate being reduced, please ?

I haven't received any notice of the variable part of the rate changing, but the bonus rate of +3.15% ends this year leaving a really poor rate of 1.05%, for me I have a note that I loose the bonus part in September.

BreakingGlass

Post Office Online Saver Issue 79

Just received an email saying that annual interest rate* will drop from 4.15% to 4.05% on 23 Jan 26.

*  Interest rate is made up of an underlying rate (changing from 1.0% to 0.9%) and a bonus rate (staying at 3.15%) that is fixed for 12 months from account opening.

Bobblehat

Charter Savings Bank:-

New one for me .... just had an email saying they are going to change Issue 62's name to Issue 59. I've never seen any other Bank change an Issue number before (YMMV).

The interest rate is unaffected ... so why are they doing this, I wonder? And what happens to those already holding Issue 59? I'm glad I only have ~£1 in as a holding account.

Edit Change takes place 5th Feb.

CuparLad

Sounds like a bit of tidying up to me. They've maybe realised that 62 and 59 have the same terms, so administratively it makes no sense to have identical accounts with different issue numbers. You could always ask them why, but the NBS staff that handle Charter may not know.

csw5780

CuparLad said:

Sounds like a bit of tidying up to me. They've maybe realised that 62 and 59 have the same terms, so administratively it makes no sense to have identical accounts with different issue numbers. You could always ask them why, but the NBS staff that handle Charter may not know.

Also issue 58 is going to be 57 🙄

allegro120

Bobblehat said:

Charter Savings Bank:-

New one for me .... just had an email saying they are going to change Issue 62's name to Issue 59. I've never seen any other Bank change an Issue number before (YMMV).

The interest rate is unaffected ... so why are they doing this, I wonder? And what happens to those already holding Issue 59? I'm glad I only have ~£1 in as a holding account.

Edit Change takes place 5th Feb.

Mine changed from 58 to 57.  The same - £1, it wouldn't be appropriate to exceed the minimum requirement at 3.9%

mebu60

Current Charter EA is Issue 70 at 4.06%.

I have 69 at 4.18%. 

Zaul22

Are Charter the one that you can SM and ask to change the issue number to the current one when it pays a higher rate than your issue? That would make more sense than what they are doing now.

Bridlington1

Not quite top but many'll hold these:

YBS RAINY DAY ACCOUNT ISSUE 2 and ONLINE RAINY DAY ACCOUNT ISSUE 2 are reducing from 4% to 3.75% on balances under £10k from 5/2/26

Balances above £10k reduce from 2.7% to 2.6%

happybagger

Hefty drops for anyone holding Scottish BS E-saver plus / Saver plus (any issue,  issues 1-7 NLA or 8 on sale)

Effective 30 January, from 3.71 to 3.25%

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