The New Top Easy Access Savings Discussion Area

t1redmonkey

janusdesign said:

t1redmonkey said:

I'm not sure if it's a mistake from Vanquis, but I just got emailed by them today with regards to maturity options for a fixed term bond I have with them which is maturing soon, and noticed the interest rates they have for the Easy Access Issue 3 are lower than what they currently are.  Though when I went into the maturity options on my account to select this account, they were showing 4.85%/4.75% respectively.  So I'm thinking either a mistake on the email or they're about to reduce the rate and accidentally leaked it in their email for maturing bonds.

I assume the bond matures after the next BoE meeting in a fortnights time, so perhaps they're just anticipating a rate cut to occur after that ?

It matures just after that decision, yep.

slinger2

Oxbury are cutting their EA rates:

"Personal Easy Access Account (Issue 1).

We are writing to let you know that from 05/11/2024, your account's interest rate on balances above £1,000.00 will change from 4.59% Monthly Gross / 4.69% AER to 4.34% Monthly Gross / 4.43% AER."

Obviously anticipating a rate reduction on 7 Nov.

BigBlueSky

gwapenut said: It might be even easier than you suggest. A few days ago I mistakenly logged into my Santander app with my cahoot credentials when setting up my new phone. The santander app shows my Cahoot account, and not my santander accounts. I have not dared transact with it yet.

Thanks, that works!  However I get an error if I try to make any payments.  Anyone else noticed that?

gwapenut

BigBlueSky said:

gwapenut said: It might be even easier than you suggest. A few days ago I mistakenly logged into my Santander app with my cahoot credentials when setting up my new phone. The santander app shows my Cahoot account, and not my santander accounts. I have not dared transact with it yet.

Thanks, that works!  However I get an error if I try to make any payments.  Anyone else noticed that?

I've not dared try, I need to withdraw for a house purchase soon and don't want to flag any unusual activity markers which may slow it down. I was gutted enough when I realised I'd logged in via the wrong route...

Bridlington1

@soulsaver
Just a minor one but Principality BS have altered the layout of their website. Consequently the link to the Principality 4.85% Online Triple Access Saver has changed to:
https://www.principality.co.uk/home/savings/savings-accounts/online-bonus-triple-access

The old link now just takes you to their main compare savings accounts page.

tasty_snacks

Chase bonus rate is coming to an end on Nov 4th, so started the usual hunt around today. 

Firstly, feedback for MSE Towers - I'm not sure that limited withdrawals necessarily qualifies as 'easy access.' Perhaps it's just me, but Easy Access accounts should be just that. I'm wondering if this section should be split into easy access (no conditions/ penalties) and easy access (with conditions/ penalties)? Maybe I'm biased though on account of how I treat my easy access account, which is basically a daily liquidity account. 

Anywho, I was about to sign up for a Chetwood EA account, but noticed that they process withdrawals by the end of the next working day. As I use my account daily, and expect/ need instantaneous transactions, that wouldn't work for me. So my question is, does anyone have a Chetwood account, and is it in practice a same-day withdrawal (albeit the Ts&Cs state next day)? (EDIT - this would also be a useful piece of info to include on the MSE info section in the main article)

Thanks 

mebu60

tasty_snacks said:

Anywho, I was about to sign up for a Chetwood EA account, but noticed that they process withdrawals by the end of the next working day. As I use my account daily, and expect/ need instantaneous transactions, that wouldn't work for me. So my question is, does anyone have a Chetwood account, and is it in practice a same-day withdrawal (albeit the Ts&Cs state next day)? (EDIT - this would also be a useful piece of info to include on the MSE info section in the main article)

Thanks 

My test withdrawal (during week) was next day.

ThePirates

FA Bonus Saver 1 A.

We’re getting in touch to let you know about a reduction to the interest rate on your FA Bonus Saver 1 A.

From midnight on 15 November 2024, in accordance with the terms and conditions of your account, the interest rate of 4.95% gross pa ⁄ AER† variable (inclusive of the bonus) on the above account will end.

From this date your new interest rate will be 3.55% gross pa ⁄ AER† variable. 

ToastLady

ThePirates said:

FA Bonus Saver 1 A.

We’re getting in touch to let you know about a reduction to the interest rate on your FA Bonus Saver 1 A.

From midnight on 15 November 2024, in accordance with the terms and conditions of your account, the interest rate of 4.95% gross pa ⁄ AER† variable (inclusive of the bonus) on the above account will end.

From this date your new interest rate will be 3.55% gross pa ⁄ AER† variable. 

Got same email but my date is 18 November, must go by date of opening.

ColdIron

Yes. I opened mine 01/06/2024 so expecting the bonus to end 01/12, no mail yet but anticipating one early November