The New Top Easy Access Savings Discussion Area

jameseonline

Ford Money went down a bit then they recently put it up a bit.

FishInGlass

Family Building Society Online Saver (7) pays 4.82% - min £100 to open, min withdrawal £100

https://www.familybuildingsociety.co.uk/savings/compare-savings-accounts/product-detail/online-saver-(7)

Unless things change this will be paying slighly more than issues 5 and 6 from the 7th September

Surely qualifies for @soulsaver top 10.

wiseonesomeofthetime

mebu60 said:

wiseonesomeofthetime said:

I have a Ford Money Flexible Saver account, however, I have not received any email about an increase in the rate, despite the website clearly agreeing with you @Bridlington1

My £1 has been enjoying 4.75% (up from 4.6%) since 26/7 so notification, even with small balance, was around a month ago. 

My email on 26 July didn't say that

janusd

wiseonesomeofthetime said:

mebu60 said:

wiseonesomeofthetime said:

I have a Ford Money Flexible Saver account, however, I have not received any email about an increase in the rate, despite the website clearly agreeing with you @Bridlington1

My £1 has been enjoying 4.75% (up from 4.6%) since 26/7 so notification, even with small balance, was around a month ago. 

My email on 26 July didn't say that

that's the monthly gross rate - if you convert it to AER, then it's 4.75%... I received the same email.

janusd

Principality have published their list of rate changes to NLA accounts (dated today - 22nd August)

https://www.principality.co.uk/en/savings-accounts/interest-rates-for-accounts-closed

though it looks like some of the starting dates for changes are wrong (2023) and some accounts are going up not down.

NB: @Wheres_My_Cashback mentioned that it's last year's document with just the date on the front page changed... the wait continues!

btw - for those not reading the RS thread, @Bridlington1 has confirmed from PBS that all variable rates are dropping by 0.25%, so this PDF should just be a confirmation of that.

BreakingGlass

Various YBS rates changing 6 Sep - see here

sta0612

My new issue of the Santander Edge Saver is showing 5.84% AER on my Santander app. I believe it should be 6% AER.

What do others show please? Am I having a senior moment here?

Apologies if this has been raised already - I searched and couldn’t find any other posts/comments on it.

Edit:

I believe 5.84% is the gross interest rate. The app clearly states that the interest rate shown is the AER though (see screenshot below).

I imagine, and hope, that this is simply a display/communication issue on Santander’s part.

I remain interested in hearing what others here think though. Thank you.

masonic

It's a known issue that they display the gross rate and label AER in some places.

jameseonline

masonic said:

It's a known issue that they display the gross rate and label AER in some places.

It's not helped by the new look app, the new app displays different rate to old one for accounts😌

Bridlington1

janusdesign said:

Principality have published their list of rate changes to NLA accounts (dated today - 22nd August)

https://www.principality.co.uk/en/savings-accounts/interest-rates-for-accounts-closed

though it looks like some of the starting dates for changes are wrong (2023) and some accounts are going up not down.

NB: Wheres_My_Cashback mentioned that it's last year's document with just the date on the front page changed... the wait continues!

btw - for those not reading the RS thread, Bridlington1 has confirmed from PBS that all variable rates are dropping by 0.25%, so this PDF should just be a confirmation of that.

Additionally:
@soulsaver
Principality BS Online Bonus Tri Iss2. (04/07)  5.00% until 12/09 then 4.75% inc bonus. NLA

Replaced by Principality BS Online Bonus Tri Iss3. £1 min (22/08)