The New Top Easy Access Savings Discussion Area

slinger2

Alicon88 said:

Hope it's not a stupid question 
Just got access to my Cahoot Saving account (opened when the interest offered was 4.4%) - is it normal that the interest showed in the account is 4.31%? I assume they show the gross interest?

Yes, that's normal if you choose the monthly option.

allegro120

Alicon88 said:

Hope it's not a stupid question 
Just got access to my Cahoot Saving account (opened when the interest offered was 4.4%) - is it normal that the interest showed in the account is 4.31%? I assume they show the gross interest?

Yes, If you went for annual interest it would have shown 4.4%.  Most providers will display gross if the interest is paid monthly.

shirley999

@soulsaver

Tesco Internet Saver now showing 3.95%

SnowMan

shirley999 said:

@soulsaver

Tesco Internet Saver now showing 3.95%

Thanks. They've done this by reducing the bonus interest rate on accounts opened from 8th January by 0.1%. The standard variable rate hasn't changed yet following the December base rate cut.

I've got an account opened between 16th September and 8th December 2025 with a minimal balance which has a 3.15% bonus making the total AER on that account 4.2% AER. 

mebu60

hoppy2 said:

Skipton Members bonus saver 2 reduces from 4.75 to 4.4 and bonus saver 4.25 down to 3.90 on 26th Jan.

The Bonus Saver Issue 15 at 4.0% is NLA. Issue 16 is 3.9%. But like the Issue 15 has a £100k max instead of the £50k applicable to current Bonus Savers.

oz0707

DRS1 said:

allegro120 said:

mebu60 said:

Good, Conventry have dropped their 4 access to 3.5% which is rubbish

Have they? I have Coventry 4 Access Saver - 1 Year dropping from 4.3% to 4.15% wef 20:01:26. 

I have two older 4 Access Savers, they are both dropping from 4.2% to 3.75% wef 20:01:26.

Could be worse: you could have the Five Access Saver which is dropping to 3.5%.

I suspect the 1 year version did not get such a big cut because it only lasts a year.

This must be the one I have if going to 3.5%

EDIT
No I think I must have the 4 access which is dipping to 4.15% I had 2 emails from Coventry, must've got confused

DRS1

oz0707 said:

DRS1 said:

allegro120 said:

mebu60 said:

Good, Conventry have dropped their 4 access to 3.5% which is rubbish

Have they? I have Coventry 4 Access Saver - 1 Year dropping from 4.3% to 4.15% wef 20:01:26. 

I have two older 4 Access Savers, they are both dropping from 4.2% to 3.75% wef 20:01:26.

Could be worse: you could have the Five Access Saver which is dropping to 3.5%.

I suspect the 1 year version did not get such a big cut because it only lasts a year.

This must be the one I have if going to 3.5%

EDIT
No I think I must have the 4 access which is dipping to 4.15% I had 2 emails from Coventry, must've got confused

They send you an email for each account you have so maybe you have both?

poppystar

oz0707 said:

Is anyone else having trouble logging into charter? Im getting 'this connection is not private' message
Edit - managed to log in on phone. This account is also showing 4.1% rate can't remember seeing a message about it dropping

I always get a message to say login unsuccessful and then it logs me in??

Alicon88

allegro120 said:

Alicon88 said:

Hope it's not a stupid question 
Just got access to my Cahoot Saving account (opened when the interest offered was 4.4%) - is it normal that the interest showed in the account is 4.31%? I assume they show the gross interest?

Yes, If you went for annual interest it would have shown 4.4%.  Most providers will display gross if the interest is paid monthly.

Thank you for your kind reply.
Is the amount earned showed only at the end of the month? I can't see like a 'daily' interest when going into the saving account.
Many thanks again! 

flobbalobbalob

Alicon88 said:

allegro120 said:

Alicon88 said:

Is the amount earned showed only at the end of the month? I can't see like a 'daily' interest when going into the saving account

They don't show the daily interest accrued. They add the months interest on the 1st or 2nd  day after the anniversary of your opening email. They don't send any notification.