The New Top Easy Access Savings Discussion Area

janusd

@soulsaver - Cynergy Online Easy Access (Issue 100) - 4.55% AER (incl 2% bonus for 12 months); £1 min; Anniversary interest.

CuparLad

Happy Centenary Cynergy Bank Easy Access!

janusd

@soulsaver - Principality BS Online Bonus Triple Access (Issue 9) - 4.30% AER (incl 1.95% bonus for 12 months); £1 min; Annual Interest; 3 withdrawals per annum including closure.

BreakingGlass

https://forums.moneysavingexpert.com/discussion/comment/82099576#Comment_82099576

I opened this Issue 100 account yesterday and funded with the £1 from my Issue 99, which I closed (with £0.01 interest). Although it says 'anniversary interest' on the documentation when opening, if I use the iPhone app and click on 'account details' it states 'Next Interest Payment date 04 Jan 27'. I have messaged Cynergy to query this anomaly.

SnowMan

https://forums.moneysavingexpert.com/discussion/comment/82100011#Comment_82100011

It's now on the Principality Building Society website. The 12 month bonus included in the rate is 1.95%.

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

jaypers

When is too many accounts too many?

I’ve got a habit of opening up the latest, best Easy Access accounts and then something slightly better comes along so I grab that and move, sometimes for 0.03% or similar. Net effect is a trail of accounts with £1 in. Is this insanity?

ToastLady

https://forums.moneysavingexpert.com/discussion/comment/82100332#Comment_82100332

Know exactly what you mean, I've been a bit the same in the past. I'm trying to curb myself, and only go for those that I will use from now on. I'm going to do a purge and get rid of some. That is, other than ones that come in handy for loyalty purposes, and ones that I know won't let you open a new account again if you close completely.

Barkin

Is this insanity?

Personally…yes, I think it is.

But I don't keep large amounts in EA accounts, and constantly opening new accounts & shifting things around, for a tenner a year, isn't a good use of my time.

IMHO, YMMV etc

BestSeagull

https://forums.moneysavingexpert.com/discussion/comment/82100332#Comment_82100332

It would be rude not to… 😉

janusd

https://forums.moneysavingexpert.com/discussion/comment/82100207#Comment_82100207

in my case, it was £0.02 interest - but the weird thing is that the 2p is not showing as a transaction on either account (old or new), nor showing in the generated certificates of interest - the old account opened with £1.08, closed with £1.10 and there is literally no indication of where that 2p came from… my recollection is that updated certificates take a day or two, so will re-check next week.. my last few Cynergy account upgrades wouldn't have generated any interest, so would not have caused a similar situation, but at 4.55%, this account will get funded.

also, I used to have 20+ closed accounts showing online with them, but now seems to be only showing the last 5 closed accounts.

https://forums.moneysavingexpert.com/discussion/comment/82100332#Comment_82100332

you might be asking the wrong people here! 🤪