The New Top Easy Access Savings Discussion Area

Alicon88

https://forums.moneysavingexpert.com/discussion/comment/82091959#Comment_82091959

Hi,

how did you upgrade?

do you need to open another account?

DRS1

https://forums.moneysavingexpert.com/discussion/comment/82094534#Comment_82094534

No need to open a new account. There is an upgrade button and if you click that you will get three choices one of which is upgrade an existing account you hold. Click that and then click the account you want to upgrade.

friolento

https://forums.moneysavingexpert.com/discussion/comment/82094534#Comment_82094534

top right on your accounts page, and follow the option to upgrade an existing account.

Upgrade is instant, account details stay the same, and you will get the accrued interest from the old rate a day or two later, as a credit into your upgraded account. Your new account duration is 12 months from upgrade.

friolento

Quite decent of Cahoot to invite people on their homepage to upgrade. Mind you, who randomly goes to the Cahoot homepage?

Alicon88

Thank you both!
I have just upgraded! :)

clairbear_3

my Chase saver is coming to an end soon what is the top easy access that allows standing orders

jaypers

https://forums.moneysavingexpert.com/discussion/comment/82094841#Comment_82094841

Your best bet is probably the Cahoot Simple Saver (4.52%). Doesn’t exactly allow standing orders but you can set up future dated payments so maybe a monthly admin task until something with full automation and a good rate comes along?

1spiral

WRT Saga, I can confirm that when they say per 20K withdrawal per 24 hours, they mean per 24 hours, not per day. I withdrew 20K at 11am yesterday and on trying to withdraw further funds this morning I got a message saying

"You've reached your withdrawal limit for the next 2 hours"

Alicon88

https://forums.moneysavingexpert.com/discussion/comment/82094534#Comment_82094534

https://forums.moneysavingexpert.com/discussion/comment/82094582#Comment_82094582

does it take a couple of days to update, right?
yesterday evening I did the upgrade and my account was showing the new interest rate, but this morning when I logged in, it still shows the old simple saver (issue 13). Shall I wait or repeat the upgrade procedure, do you think?
Many thanks for your help!

allegro120

https://forums.moneysavingexpert.com/discussion/comment/82094954#Comment_82094954

Cahoot

Upgrades are immediate. If it shows upgraded account as an old issue there must be a glitch. Your account number and opening date should stay the same, but the issue number (issue 18 in your case) and the displayed interest rate should be different from the previous version.