The New Top Easy Access Savings Discussion Area

p1ston

https://forums.moneysavingexpert.com/discussion/comment/81965725#Comment_81965725

Go on, do it. This is how to use a good credit score. What have you got to lose but a hard search? If no second saver then just close the second c/a. And if you get a second 4k I'll drop the Lady of the toast like a shot.😂

ToastLady

https://forums.moneysavingexpert.com/discussion/comment/81965775#Comment_81965775

Oh you Fly by Night! 😂

As an aside, I initiated closure of my Edge Saver on 9th April as rate dropped then, closed on 14th and shiny new one opened.

p1ston

https://forums.moneysavingexpert.com/discussion/comment/81965797#Comment_81965797

That's the way to do it. I seem to have missed my reminder to close the edge saver and only noticed when interest dropped.

Why won't you open a second one?

allegro120

https://forums.moneysavingexpert.com/discussion/comment/81965725#Comment_81965725

This prompted me to check what accounts I currently have running with Santander.

2 Edge CAs (sole+joint) - opened for eligibility

2 Edge Savers

2 Everyday CAs - opened for cash back

Monthly Saver - I put monthly interest from Edge Savers there.

EA limited edition issue 3 - opened in Sept 2023. The rate was 5.2% at the time so I used it as my main EA for a few months.

2% EA - opened in Dec last year for cash back and Amazon voucher.

Four of these are now useless (except one "Everyday" could be useful for switches).

Cahoot is a gem, it covers all my EA needs for over 2 years now. The most long standing EA provider I've ever had😎

cricidmuslibale

Principality Building Society are releasing today (Friday 17 April) an Online Bonus 5 Access (Issue 3) account paying a variable annual interest rate of 4.25% (4.25% AER) which includes a 1.95% bonus for 12 months.

Up to 5 withdrawals including closure are permitted each year via a nominated account.

The minimum opening amount is £1 and the maximum balance for this account is £1,000,000.

Source: www.moneyfactscompare.co.uk

@soulsaver

ToastLady

https://forums.moneysavingexpert.com/discussion/comment/81965972#Comment_81965972

I have every interest drop/maturity date on my calendar, and a reminder a couple of weeks prior. Wonder if I'm a bit OCD? I have to be or I'd forget.

As to your question, I hardly use the Edge current account as it is, so don't really want another one. I will give it a bit of thought though.

intalex

For the West Brom 3-access, in practice, around what time do the funds appear in the current account the next working day if requested before 3pm?

Also, can I withdraw all but £1 or is there a minimum balance to keep the account open?

Thanks

SnowMan

https://forums.moneysavingexpert.com/discussion/comment/81966401#Comment_81966401

Now on the Principality website

https://www.principality.co.uk/home/savings/savings-accounts/online-bonus-5-access

pecunianonolet

https://forums.moneysavingexpert.com/discussion/comment/81965775#Comment_81965775

I wish it would be that easy but there are several reason why it's not worth it for me and I am waiting for hard searches to drop off my credit file.

oz0707

Just opened the new principality EA acc to get the .2% extra. Was on 4.05% before. God their systems are archaic. No easy way to transfer funds between accounts. I thought I was going to have to send back to my linked account, then in tranches back to principality. then for amounts over 20k you have to request the transfer. Then when you put the amount in which closes the account it then gives you the option of transferrin to another principality account! Talk about going round the houses! Anyone found a better way?