The Top Regular Savers Discussion Thread

Slinky

You have to be a bit careful that the heading on the top left of the Zopa App is Savings. I opened a second 'pot' in the bank account section by mistake and have now titled that one Don't Use as there doesn't appear to be any way to close/remove it and it only earns 2%. I'd been wanting to open a new pot in the savings section.

I've had Zopa for quite a while now, I can't say I like the latest changes they've made to the app.

friolento

https://forums.moneysavingexpert.com/discussion/comment/82093054#Comment_82093054

Yes, they are 24x7

Yes, they do support SOs - but I wouldn't use it for this as I have dozens of SOs, and I need to be able to distinguish them by Payee name. Cahoot doesn't allow modifying of the SO name, or overwriting the CoP check. Also, Cahoot might not always be my preferred account for parking my spare cash - in fact, it hasn't been for many months, until this week. So I have my SOs all in my trusted current account, and I just refill from Cahoot or wherever as and when required, mostly for the first of a month.

friolento

https://forums.moneysavingexpert.com/discussion/comment/82093092#Comment_82093092

In my experience, Santander tolerate breaking their account month, and setting your own, e.g. to 1st of a calendar month for your second and subsequent deposits, even if this means busting the maximum deposit amount in month 1.

Also in my experience, they calculate interest for your daily balance by 8:15pm (ish), so you wouldn't lose out if you get your money in before then.

Can I guarantee it? Of course not, as I don't set the Santander T&Cs. Any deviation from the T&Cs would be your responsibility.

flykiller

https://forums.moneysavingexpert.com/discussion/comment/82093250#Comment_82093250

It's not very user friendly. Always takes me about 5 attempts just to get on correct screen or move money etc. Step backwards in my opinion x

flaneurs_lobster

https://forums.moneysavingexpert.com/discussion/comment/82093279#Comment_82093279

Step backwards from what?

That interface hasn't changed in years.

friolento

https://forums.moneysavingexpert.com/discussion/comment/82093279#Comment_82093279

It would be great if they had an app, but they don't. I have been using Cahoot on and off for some time, and I mainly use it on my iPhone as the login is less laborious than online. My main transactions are payments to the same payee - my main current account - and it takes me literally seconds to make a new payment to the payee I have set up nearly 3 years ago on my Simple Saver. I wouldn't use Cahoot to set up many payees, or setting up payees on more than one Cahoot account as it's too cumbersome.

It's working absolutely great for me, but if it doesn't for you, just don't use Cahoot 😎

adindaspantai

https://forums.moneysavingexpert.com/discussion/comment/82093139#Comment_82093139

Save Draft

adindaspantai

https://forums.moneysavingexpert.com/discussion/comment/82093139#Comment_82093139

After + button is pressed again no Smart saver is shown, neither the regular saver.

flaneurs_lobster

https://forums.moneysavingexpert.com/discussion/comment/82093382#Comment_82093382

Smart Saver isn't a product as such, it's Zopa's name/description of all the savings products they offer as 'pots' under 'Save & Invest' on the app.

You have opened a Smart Saver, that's what your two 2.95% pots are under.

Only thing that might be stopping the RS showing - the current account/Biscuit/bank account has to be "active", have you run some funds through it?

adindaspantai

https://forums.moneysavingexpert.com/discussion/comment/82093388#Comment_82093388

In this case it is probably 'Primary Access' I do not remember open this account and when I check the date of opening it is the same date with my Zopa biscuit account.