The New Top Easy Access Savings Discussion Area

HillStreetBlues

Could anyone using the ZOPA 4.45% tell me a rough time of day the interest is paid?

SH88SH88

https://forums.moneysavingexpert.com/discussion/comment/82085035#Comment_82085035

Does anyone know the Oxbury definition of a "new customer " ? I asked AI, but received the usual contradictory response.

wmb194

https://forums.moneysavingexpert.com/discussion/comment/82085150#Comment_82085150

Zopa

In the early hours of the morning. My interest credited date is always dated the 4th but it's only ever visible on the fifth.

flaneurs_lobster

https://forums.moneysavingexpert.com/discussion/comment/82085150#Comment_82085150

It's "overnight" isn't it?

SnowMan

It has just been announced that bank rate has been maintained at 3.75%

https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2026/july-2026

At its meeting ending on 29 July 2026, the Monetary Policy Committee (MPC) voted by a majority of 6–3 to maintain Bank Rate at 3.75%. Three members voted to increase Bank Rate by 0.25 percentage points, to 4%.

Next decision Thursday 17th September 2026

Bob2000

Cahoot Sunny day saver maturity question.

What happens to the interest if l upgrade the account into another SDS. Will the interest still appear on the maturity date? or will it roll over for another 12 months?

janusd

https://forums.moneysavingexpert.com/discussion/comment/82085915#Comment_82085915

if you upgrade the SDS today, you should get the interest earned so far paid tomorrow (next working day).

Bob2000

https://forums.moneysavingexpert.com/discussion/comment/82085921#Comment_82085921

My account actually matures on the 5th so if l upgraded late evening of the 4th l will get more or less the full interest due?

So whenever you upgrade you will get any interest up to that point?

janusd

https://forums.moneysavingexpert.com/discussion/comment/82085929#Comment_82085929

yes - interest is usually paid next working day (sometimes 2 if it's a weekend).

aren't you just upgrading a 5% account to another 5% account - so there is no "loss" of interest in upgrading early… I suppose you could argue that you would lose a few days interest this time next year if you upgraded now, but there will be a new SDS issue before that situation occurs.

the risk of delaying would be if Cahoot replaced the current issue with a lower one before the 4th - unlikely I would have thought, but you never know.

Bob2000

https://forums.moneysavingexpert.com/discussion/comment/82085940#Comment_82085940

Thank you very much for the reply. The information was very helpful to me.