The New Top Easy Access Savings Discussion Area

janusd

@soulsaver - the Plum Easy Saver at 4.52% has gone NLA (replaced by 3.05% - 3.65% dependent upon subscription tier).

oz0707

Apologies if i've missed the boat here on this.

I see Saga are offering a 4.5% account. It's one of the best ones with non app only access. I tried to open through my existing account log in but it seems Saga have been taken over. I have followed the link provided by moneyfactscompare.com I am guessing this is all above board?

Thanks

Rheumatoid

https://forums.moneysavingexpert.com/discussion/comment/82087643#Comment_82087643

Effectively Natwest

allegro120

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

Cahoot interest payments

I think it's next day including weekends. Over the last couple of years, I've made many additions and upgrades at random dates. Some of them must have fallen on weekends, and I'm sure I always had interest paid on the set date. The same for Santander. Have you had any interest payments delayed because of weekends?

oz0707

Unfortunately I have an Ulster account at 4.25% and these now share fscs with Saga. Luckily I spotted that the Ulster log in is very similar to Natwest

Barney1954

https://forums.moneysavingexpert.com/discussion/comment/82087747#Comment_82087747

Thanks, I missed that, I've a house comimg up and I was going to split funds between Ulster and Saga for a month.

flaneurs_lobster

https://forums.moneysavingexpert.com/discussion/comment/82088014#Comment_82088014

Don't know what your balance might be after the sale but FSCS protection is increased to £1.4M after a "life event" (house sale, inheritance..) for 6 months.

https://www.fscs.org.uk/making-a-claim/claims-process/temporary-high-balances/

Thomas_Crown

https://forums.moneysavingexpert.com/discussion/comment/82087643#Comment_82087643

Saga haven't been taken over. Saga savings accounts were previously provided by Goldman Sachs. The basic easy access savings account, was just a Marcus account bearing the Saga name. All new savings accounts are provided by NatWest.

Barney1954

https://forums.moneysavingexpert.com/discussion/comment/82088068#Comment_82088068

Thanks for the information, it will be £500k. I've opened Zopa, Cahoot, Ulster & Saga accounts in preparation, but I now need to reconsider whether to do this or just put the proceeeds into one of them.

1spiral

If you've already opened the other accounts anyway, I'd be inclined to use them. Not sure whether the higher limit has ever been tested with a bank failure but there'd definitely be additional delays over and above that for a standard FSCS limit. Also for normal use, you mitigate against the banks website being down for any length of time.