The New Top Easy Access Savings Discussion Area

BlackthornU · 14 May at 11:40AM

Cynergy Bank's Issue 97 @4.27% didn't last long. Now offering issue 98 @ 4.05%

Famo · 14 May at 11:43AM

Hi everyone I'm looking for a bit of guidance. I've worked out that I'm soon going to have around £1800 a month to save and I'm wondering where to save it. Any pointers please ?

jaypers · 14 May at 11:46AM

https://forums.moneysavingexpert.com/discussion/comment/81998182#Comment_81998182

Sounds as though you’ve got some excess on an ongoing monthly basis so it would be wise to open a number of Regular Saver accounts…..take a look at the ongoing thread for these. Any excess, keep in the best Easy Access account you can find and feed the Regular Savers from there etc too.

sherbie28 · 14 May at 11:53AM

https://forums.moneysavingexpert.com/discussion/comment/81997951#Comment_81997951

My parents already have an easy access saver account with YBS that is only getting 3.65%. Are there any rules against them opening this new one that has a better rate and transfering the money to that (actually could they keep both open?). Thanks

Barney1954 · 14 May at 11:53AM

https://forums.moneysavingexpert.com/discussion/comment/81998063#Comment_81998063

I should have looked here first!

Only just sent an email to Customer Support asking where to access the Easy Access Savings Account. Like others have said, I will cautiously fund the account, to see how it operates before adding large amounts.

x44 · 14 May at 11:57AM

https://forums.moneysavingexpert.com/discussion/comment/81998177#Comment_81998177

Blimey - what's that: just over a week on sale maybe! They must have been collecting in umpteen £millions to have pulled the plug that quickly. Confirms what most of us knew from past experience and that is apply as soon as you can as you never know how long the account offer will last.

mebu60 · 14 May at 12:52PM

https://forums.moneysavingexpert.com/discussion/comment/81997977#Comment_81997977

Quite happy to take the crystallised interest and compound that for less than a minute's effort, thank you.

allegro120 · 14 May at 12:56PM

https://forums.moneysavingexpert.com/discussion/comment/81998208#Comment_81998208

YBS

They can open this account, there are no rules against it. They can transfer money from the old one to new one and keep both open or close the old one if they prefer. If they want to keep the 3.65% account they will probably have leave £1 there to prevent the closure.

jak22 · 14 May at 1:12PM

Charter offering one of the higher EA account rates isn't too much to be fed up about, the closed account remains for downloading statements which helps, although ideally transfers wouldn't be next working day - they've also had some good fixed cash ISA rates lately too. Perhaps Coventry might like to offer a new limited access rate soon? This year many banks etc seem to have made an effort to issue interest certificates in April, hopefully Atom will issue theirs soon too, even with good records it seems wise to have interest statements when doing SA.