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The New Top Easy Access Savings Discussion Area
Comments
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First Active open, took 13 days, for anyone else still waiting.
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There are a few banks or building societies where there's not even a space to insert a middle name on the application form; they only ask for first and last names. Are we to be penalised later on if presenting statements from them to others for verification?
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Shouldn't be an issue. Primary ID will always be Government issued photo ID. Anyone asking for bank statements will be looking to verify an address or a nominated account.
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@soulsaver @Bridlington1 - Progressive BS Online 1 Year Double Access (Issue 5) 4.30% - £1 min; 2 penalty free withdrawals; interest at maturity when it converts to an EA account.
launches tomorrow - 8th September.
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Be aware that this account is an ISA, not a normal easy access account.
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apologies, it seems it is - it was (and still is) listed on the EA page at Moneyfacts, but there was no way for me to check before posting as it hasn't been launched at that time.
@soulsaver @Bridlington1 - while i'm here, Saga Savings 4.50% appears to have gone NLA replaced with a 4.25% (1.39% bonus for 12 months) issue.
Tipton & Coseley BS Reward Saver (Issue 2) - 4.30% - £100 min; £100k max; 4 withdrawals per calendar year; Annual Interest - available as a branch/postal account or a mobile app account.
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@soulsaver @Bridlington1 - Oxbury EA Summer Account 4.33% has gone NLA, replaced by Autumn Saver (Issue 1) 4.30%; £1k min and still only for new customers.
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Email recieved from First Active. I applied on Tuesday:
Thank you for applying for a First Active Instant Access Savings Account.
Although this account is currently closed to new applicants, we can confirm that we’ve received your application. Your submitted application will now continue to be processed, and you'll receive the interest rate that was available when you applied.
We're currently experiencing higher than usual demand, which means applications are taking longer to review than normal. Our team is working hard to process applications as quickly as possible, and we'll be in touch as soon as there is an update.
What happens next?
There's no need to contact us: Our team are already reviewing your application.
You don’t need to do anything: If we need any additional information, we'll get in touch directly.
Once your account is ready to use, we'll send you a welcome email with everything you need to get started.
We're very sorry for the delay and appreciate your patience while we process your application.
Thank you for choosing First Active and we look forward to welcoming you soon.
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@soulsaver @Bridlington1 - as above, First Active 4.55% has gone, perhaps temporarily, NLA.
The Stafford BS Access-One Saver - 4.60% - £5k min.
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