Savings interest rate thread

[981Boxess]

steveo3002 said:

anyone had any hassle trying to take money out of sainsburys...its flashing up acc and sort are not correct , they are and tried another account

You can only send money to the account you funded it with, is that what you are doing?

[steveo3002]

981Boxess said:

steveo3002 said:

anyone had any hassle trying to take money out of sainsburys...its flashing up acc and sort are not correct , they are and tried another account

You can only send money to the account you funded it with, is that what you are doing?

yes as you type in the sort /acc the "tick" turns green , then press proceed or whatever it says and they both go red

[981Boxess]

steveo3002 said:

yes as you type in the sort /acc the "tick" turns green , then press proceed or whatever it says and they both go red

Did you put in a Payment reference?

[steveo3002]

981Boxess said:

steveo3002 said:

yes as you type in the sort /acc the "tick" turns green , then press proceed or whatever it says and they both go red

Did you put in a Payment reference?

yes ...

[981Boxess]

steveo3002 said:

981Boxess said:

steveo3002 said:

yes as you type in the sort /acc the "tick" turns green , then press proceed or whatever it says and they both go red

Did you put in a Payment reference?

yes ...

Last thought, with most banks there is a daily £ limit on online withdrawals, might you be over it?

[steveo3002]

no first time ive attempted to withdraw funds , have cleared cookies and will try later

[981Boxess]

steveo3002 said:

no first time ive attempted to withdraw funds , have cleared cookies and will try later

A lot of banks have a limit (around £20/25k?) on how much you can withdraw online on any one day.

Phone withdrawals generally no limit.

[steveo3002]

981Boxess said:

lot of banks have a limit (around £20/25k?) on how much you can withdraw online on any one day.

Phone withdrawals generally no limit.

i had planned to do £100 to make sure it arrived in the right place then the balance im only allowed 3 withdrawals

[981Boxess]

steveo3002 said:

i had planned to do £100 to make sure it arrived in the right place then the balance im only allowed 3 withdrawals

If you are trying to withdraw £100.00 to your nominated bank account and it isn't having it then I have no idea what is wrong - I would ring them.

Post back what it was when you find out, so we all know.

[steveo3002]

yeah will do , gonna close the account i think as would be soiling myself if i needed the money sharpish

[smiles1]

Steve, did you manage to withdraw the funds ok in the end?

[steveo3002]

yes we called them up , it was a matter of their computer not recognizing our bank details that should match up with the account users name , they was happy enough to accept the funds from the same name /bank account

the call handler over rode the control and the money went through a few hours later

[981Boxess]

Shawbrook Bank now 2.92%

Premium Bonds increasing to 3.15% from next month for anyone looking for alternatives.

[leef44]

Have any considered Hargreaves Active Saver?

I'm trying to work out the downsides.

[981Boxess]

leef44 said:

I'm trying to work out the downsides.

What are the upsides?

[7 5 7]

981Boxess said:

Shawbrook Bank now 2.92%

Premium Bonds increasing to 3.15% from next month for anyone looking for alternatives.

This is good news, thinking of sticking most of mine in here from now one - getting abit tedious chasing these rates Do have a Santander E-Saver when it appeared, but not much in here anymore tbh, just everyday spending - and I still enjoy CHASE its a great app and UI to use.

[V1nce Fox]

981Boxess said:

Shawbrook Bank now 2.92%

Premium Bonds increasing to 3.15% from next month for anyone looking for alternatives.

Downloaded app, will apply later for this one.

[steveo3002]

sainsburys was 2.87% at the weekend , today they have 2.92%

[leef44]

981Boxess said:

leef44 said:

I'm trying to work out the downsides.

What are the upsides?

You set up an account with Hargreaves. They show a whole list of account saving deals, you pick which ones then your money gets moved into those accounts. You don't need to go through the whole process of opening account with different banks, you just select which account and move your funds.

Your funds are strictly held by Hargreaves and they have an account with the bank, your funds are put in a pot but it means you don't need to manage a whole load of different accounts with different banks and close them down when the interest deal finishes.

The funds are managed like their equity funds so if they go bust then your funds are held safe separately with the banks.

Since they earn their commission from the banks, I wonder whether you are getting the same deal as if you opened an account directly with the bank.

[steveo3002]

leef44 said:

Have any considered Hargreaves Active Saver?

I'm trying to work out the downsides.

downside from a quick look = theyre almost 0.5% below best instant access accounts