The New Top Easy Access Savings Discussion Area

n15h

What are those interest rates for different currencies in @pecunianonolet screenshot above on Trading 212? 

BigBlueSky

n15h said:

What are those interest rates for different currencies in @pecunianonolet screenshot above on Trading 212? 

That's if you hold cash in other currencies.

BigBlueSky

Aidanmc said:

Still showing 5.1%

That is correct.  They increased it to 5.1% with effect from 16/09/2024.

moi

wiseonesomeofthetime said:

janusdesign said:

t1redmonkey said:

Bridlington1 said:

@soulsaver
Cahoot Sunny Day Saver Issue 2 5%, £3k mak

Pleasantly surprised that they chose to not reduce the existing issue and that it's still at 5.2%.

apologies if previously mentioned (searched but couldn't find anything), but I just noticed a document in my Cahoot account announcing that the Sunny Day Saver (Issue 1) currently paying 5.20% will reduce to 5% on 18th November 2024 (so matching the Issue 2).

I received no email or notification to inform me that these documents existed, so how they expect customers to read them, I don't know. 

Re: Cahoot's Sunny Day Saver rate decrease, I too had the document in my online banking in early September. I finally had the email notification about it now, 12 days later! 🙄🙃

soulsaver

@simonsmithsays posted the following link in the ToTP thread:

Tipton Loyalty Double Access Saver 5.0%
 
I've added:

Branch/Postal.
Loyalty Eligibility: Must hold an account that was opened on or before 30th June 2024
£1k min operating balance, £20k max. 

CuparLad

moi said:

Re: Cahoot's Sunny Day Saver rate decrease, I too had the document in my online banking in early September. I finally had the email notification about it now, 12 days later! 🙄🙃

I too received the document a couple of weeks ago online and also received an eMail today telling me about it. Bizzarely, the eMail arrived just after my Postperson put a letter through the door from Cahoot which also told me about the rate reduction. Does seem rather over the top for a £3K balance!

HHUK

Trading 212 Cash ISA

When Trading 212 first announced the reduction of their interest rate to 5.0%, I decided to request a transfer of my trivial holding to Virgin Money's 5.05% fixed rate Cash ISA product, which I did electronically through my Virgin account. On 04/09/2024 I was asked by Trading 212 to confirm the request and provide them with an electronic signature. 

The transfer was supposed to happen within 14 days, so I was surprised, and not best pleased, to be advised today that the transfer had been cancelled because of an internal error, and that I needed to provide an electronic signature again. I had already sent a message querying the delay before seeing their emails and messages regarding the issue.

To be fair, after I provided the signature again, they did complete their side of the transfer immediately, and the money is now on its way to Virgin. I then transferred the £1 languishing in my Trading 212 'Invest' pot to their Cash ISA, where it is indeed earning 5.1%, just in case I may want to top it up again.

Growingold

CuparLad said:

moi said:

Re: Cahoot's Sunny Day Saver rate decrease, I too had the document in my online banking in early September. I finally had the email notification about it now, 12 days later! 🙄🙃

I too received the document a couple of weeks ago online and also received an eMail today telling me about it. Bizzarely, the eMail arrived just after my Postperson put a letter through the door from Cahoot which also told me about the rate reduction. Does seem rather over the top for a £3K balance!

Maybe but the way I look at it is they're being very open about the interest rate reduction reminding us,

Bridlington1

soulsaver said:

@simonsmithsays posted the following link in the ToTP thread:

Tipton Loyalty Double Access Saver 5.0%
 
I've added:

Branch/Postal.
Loyalty Eligibility: Must hold an account that was opened on or before 30th June 2024
£1k min operating balance, £20k max. 

Though it was already mentioned in the ToTP thread last month. First mentioned in this thread on 7/8/24. Admittedly it was a short while back though.

soulsaver

Bridlington1 said:

soulsaver said:

@simonsmithsays posted the following link in the ToTP thread:

Tipton Loyalty Double Access Saver 5.0%
 
I've added:

Branch/Postal.
Loyalty Eligibility: Must hold an account that was opened on or before 30th June 2024
£1k min operating balance, £20k max. 

Though it was already mentioned in the ToTP thread last month. First mentioned in this thread on 7/8/24. Admittedly it was a short while back though.

Yep, thanks - was linking it back to here to avoid 'chat' in the no chat thread. I could have linked it back to your original post with a bit more time and effort.