Aviva Save

[Humpy D]

Does anyone have an Aviva Save account? If so, what do you think of it?

From what I can gather, you set up an account with them and can then put your money into any number of accounts with different financial institutions. Sounds interesting as it should save time not having to register with each institution individually.

I'm quite keen as I like the idea of making my money work for me but can't always be bothered to keep opening numerous accounts. I also like the fact that they are all under one umbrella which makes it easier to keep track of

Thanks.

[CantDecide]

Both my wife and I have Aviva Save accounts and when opened they offered £100 Amazon (other options too) vouches on each account, along with a sensible range of investments at pretty good rates. Easy enough to set up and happy so far. Bear in mind that the platform is provided by Raisin, so you can’t have a Raisin account and an Aviva Save account.

[TwigtheWonderkid]

Is it similar to the Insignia Cash offering but seemingly with far fewer partner banks ?

Edited by TwigtheWonderkid on Tuesday 3rd December 21:04

[craig1912]

TwigtheWonderkid said:

Is it similar to the Insignia Cash offering but seemingly with far fewer partner banks ?

Edited by TwigtheWonderkid on Tuesday 3rd December 21:04

do you mean Insignis? With £100k minimum I would expect them to have more banks on their panel.

[TwigtheWonderkid]

craig1912 said:

TwigtheWonderkid said:

Is it similar to the Insignia Cash offering but seemingly with far fewer partner banks ?

Edited by TwigtheWonderkid on Tuesday 3rd December 21:04

do you mean Insignis? With £100k minimum I would expect them to have more banks on their panel.

Yes, Insignis, sorry. Insignis...and in health

Sure the minimum used to be £50K, they must've upped it. The website doesn't show all available banks, until you open an account. I think in total they have about 30.

Edited by TwigtheWonderkid on Wednesday 4th December 09:27

[C69]

You might not get market-leading rates with Aviva Save, because it only partners with seven banks.

I'm not sure if the rates published on the web site are up to date, though.

Some of them look better than you could achieve by going direct e.g. Aldermore 12-month fixed-rate is shown as 4.60% via AS, but it's 4.40% direct via Aldermore.

Others are worse e.g. OakNorth Bank easy access is currently shown as 4.10% via AS, but it's 4.50% direct via OakNorth.