Wealthify Instant Access Savings Account

mcouriers

Hi all just out of curiosity why isn't the Wealthify Instant Access Savings Account not in MSE best buys? I keep pondering whether to open the Wealthify Savings account or Yorkshire Building Societies Easy Access Saver account even though it pays slightly less. I prefer the monthly interest with Wealthify instead of annual interest with the Yorkshire Building Society account. I thought that it could be to do with Wealthify not being a Bank & how the FSCS guarantee would work. Any advice would be much appreciated! Thank you.

Martico

Wealthify savings account is FSCS protected via ClearBank, which holds the funds, so that's not a concern

MX5huggy

I put a chunk in to it for 2 weeks or so as Santander rate dropped but then Chase gave me their 5.1% offer so it got hooked out again. All really easy as already had the Wealthily account for investing. Note you only can send money to them and get it back from one nominated account. 

artyboy

Didn't we have this exact same thread a couple of weeks ago?

jameseonline

artyboy said:

Didn't we have this exact same thread a couple of weeks ago?

Probably, does seem very deja vu here lately 

p00hsticks

artyboy said:

Didn't we have this exact same thread a couple of weeks ago?

And from the same poster
Wealthify Instant Savings Account — MoneySavingExpert Forum