The New Top Easy Access Savings Discussion Area

wiseonesomeofthetime

https://forums.moneysavingexpert.com/discussion/comment/81911547#Comment_81911547

Yeah, doesn't specify that different issues are allowed.

janusd

https://forums.moneysavingexpert.com/discussion/comment/81911531#Comment_81911531

one reason is that Sunny Day Savers (and Simple Savers) only lasts 12 months before they mature into a savings account paying 1% - upgrading them to a newer issue takes that problem away for another year.

one of my Issue 5 was maturing in a few weeks, so it was a good use of my time yesterday to upgrade them all up, open a new one (via TCB for the first time) and also upgrade an unused Simple Saver issue to another SDS… like others, my accrued interest has also been paid today.

https://forums.moneysavingexpert.com/discussion/comment/81911547#Comment_81911547

I think the way we (users on here) have interpreted that is two per issue directly opened (maturities not included) - but as I am single in my case, just one per issue… which is a condition that I have stuck to.

so there have been six issues of SDS, if I opened one of each (I did), they would all be acceptable for upgrade to later issues; additionally, I had a fixed-term bond mature into a 1% savings account, that was also upgradeable… and then Simple Savers issues can also be upgraded to SDS (or vice versa) - either at maturity or anytime a new issue becomes available that makes it worthwhile.

https://forums.moneysavingexpert.com/discussion/comment/81911528#Comment_81911528

I doubt you would get paid a second time by TCB for opening the same account type regardless of them being different issues.

soulsaver

Spring Easy Saver 4.11% £10 min (19/12) AO ->3.82%wef 03/03

Seem to have snook that reduction in…?

janusd

https://forums.moneysavingexpert.com/discussion/comment/81911701#Comment_81911701

it was posted in this thread on the 14th Feb.. 👍️

https://forums.moneysavingexpert.com/discussion/comment/81884003#Comment_81884003

soulsaver

I'd have seen it but as it isn't name dropped nor shows the existing rate, I wouldn't have remembered it was in the ToTP… But I was checking all ToTP links today and spotted it.

dcs34

https://forums.moneysavingexpert.com/discussion/comment/81911667#Comment_81911667

Just to be clear I wasn't referring to any TCB benefit in my post - simply that renewing an account of the previous issue locks in the 5% for a further year, in addition to opening the new account of the current issue.

the_seer

https://forums.moneysavingexpert.com/discussion/comment/81911907#Comment_81911907

Cahoot Sunny Day Saver (Issue 6) is 5.00% variable,

ThePirates

https://forums.moneysavingexpert.com/discussion/comment/81911528#Comment_81911528

I have 6

BigBlueSky

As someone with an existing Sunny Day saver (Issue 5) and Simple Saver is there a specific order to get a second Sunny Day saver?

Should I upgrade my existing SDS first from issue 5 to issue 6 and then open a second one (Issue 6), or must I open the new issue one first as it might be blocked if I already hold an issue 6 ?

janusd

https://forums.moneysavingexpert.com/discussion/comment/81912045#Comment_81912045

I honestly don't think it matters - I think I opened a new Issue 6 first, then upgraded all my SDS Issues 5 and then upgraded a Simple Saver.