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Tesco Savings account only option?

No_Name
No_Name Posts: 137 Forumite
in Savings & investments
Regarding 'savings' accounts, is Tesco's interest saver the only option regarding the immediate transfer / availability of funds (by Faster Payments)?


I believe others such as Shawbrook, Post Office and AA are all the day following the day of request.

Comments

  • surreysaver
    surreysaver Posts: 5,186 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    There's the NatWest Savings Builder, but you need to make sure that the account has at least £50 more in it on the penultimate working day of each month than it did on the penultimate working day of the previous month
    I consider myself to be a male feminist. Is that allowed?
  • AirlieBird
    AirlieBird Posts: 1,046 Forumite
    Bank of Cyprus do near real time transfers
    Did you really mean to put loose?
    Lose: no longer possess, not to retain, unable to find
    Loose: not firmly or tightly fixed in place
  • No_Name
    No_Name Posts: 137 Forumite
    edited 25 May 2018 at 3:43PM
    Thanks for the suggestions.


    That NW builders looks interesting, but you need to keep on top of it. How long has this account been available. Has it always had a competitive rate?


    I suppose it's diminishing returns from 5k onwards?
  • Wassa123
    Wassa123 Posts: 393 Forumite
    I believe up to 5k gives you 1.5%, and it lowers from then onwards.

    Fairly newish account, I just created mine after seeing my old natwest savings account have lower interest.
  • No_Name
    No_Name Posts: 137 Forumite
    If I'm understanding this correctly, I can whack in 5k from the off (which will attract 1.5%) and say top it up by £50 - £75 every month around the 25th, with those smaller amounts attracting 1%)?
This discussion has been closed.
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