New Chase Regular Saver 6.5%

PixelPound

https://forums.moneysavingexpert.com/discussion/comment/82152419#Comment_82152419

Documents show 6.3% and 6.5% AER which would imply into the account to compound.

PixelPound

https://forums.moneysavingexpert.com/discussion/comment/82152956#Comment_82152956

15 items in a weekly shop? Pay for each individually at self service. Though yes PITA. I used to use it before the change, but stopped.

flaneurs_lobster

https://forums.moneysavingexpert.com/discussion/comment/82153316#Comment_82153316

Indeed, almost certainly, but it's implied. An AER does not show the actual interest paid, rather the notional interest rate IF the interest were to be reinvested and compounded for a year.

friolento

https://forums.moneysavingexpert.com/discussion/comment/82153087#Comment_82153087

That's how I use these gift cards, too. I don't want to have odd amounts of money floating about.

winkowinko

It's probably what I'd do too if I only shopped once a week, but I go there daily after work as it's only 2 mins from home. It also coincides with the time of day that they reduce items.

flaneurs_lobster

https://forums.moneysavingexpert.com/discussion/comment/82153440#Comment_82153440

That makes sense, different use case.

I just consider these outstanding gift card balances to be inherently insecure. But fully understand that if it's used with frequent, small, top-ups then it's a risk well managed.