The New Top Easy Access Savings Discussion Area

gpman

Cahoot Simple Saver

To pull all the recent posts together

Sorry, I also do not have Issue 12 which was only on sale for about 2 weeks at the end of September 2025

It used to only pay 4.20% when on sale, whereas Issues 11 & 13 paid 4.40% just before and just afterwards

dali21

https://forums.moneysavingexpert.com/discussion/comment/81899395#Comment_81899395

once funded the interest date will change to match the date of deposit.

1spiral

https://forums.moneysavingexpert.com/discussion/comment/81899405#Comment_81899405

Thanks for the quick reply. It was such a faff opening this account today and I was wondering if it was all in vain.

allegro120

https://forums.moneysavingexpert.com/discussion/comment/81898827#Comment_81898827

It is very likely that by the 11th May 4.15% will become a competitive rate. Long notice is great, most providers stick to statutory 14 days.

EthicsGradient

https://forums.moneysavingexpert.com/discussion/comment/81899734#Comment_81899734

It already is - only beaten on soulsaver's list by a couple of "new customers only" offers, and by 0.01% for a double-access-only account. The new Cahoot Simple Saver Issue 14 is 4.05%.

BooJewels

I really like my Cahoot accounts - a lot of ticks in the plus column - and as they've just shown, 75 days notice is extremely generous - better even than their published 60 days. I won't be moving my money from them - many aspects really suit me - especially that I can have many payees to move money to - even pay bills - where many savings accounts will only withdraw to a nominated account. Just wish I could label them better, I have to keep a list as to how each of my own accounts appears on their list.

friolento

https://forums.moneysavingexpert.com/discussion/comment/81900404#Comment_81900404

you can rename your accounts so each has a meaningful title. You can also rearrange the sequence they appear in

BooJewels

https://forums.moneysavingexpert.com/discussion/comment/81900757#Comment_81900757

Sorry, if I wasn't clear - I was talking about payees, not my Cahoot accounts - I do have my accounts in the order I want with identifying names. I'd like to do the same with my list of payees - is that possible, have I missed something?

allegro120

https://forums.moneysavingexpert.com/discussion/comment/81900817#Comment_81900817

No, that's not possible. Like yourself, I use my own list of accounts and mandate numbers. I've been actively using Cahoot for about 2 years now and got used to this system, don't see it as an inconvenience anymore.

pafpcg

https://forums.moneysavingexpert.com/discussion/comment/81899403#Comment_81899403

The table needs to be corrected! Because the gross interest is paid monthly, the AER is greater than the Gross rate. The rates quoted in the table are AER. For example a 4.40% AER is actually 4.31% Gross; 4.15% AER is 4.07% Gross.