Savings interest rate thread

[a311]

Santander have launched an instant access E-Saver with 2.75% interest, paid monthly or annually if anyone is interested.

I had some savings in Chase and was going to move to Charter bank who were offering 2.38% but ID had to be copied and counter signed and sent in the mail which is too much like hard work these days.

Already a customer so took <1 min to apply and have the account ready to pay in.

[anonymous-user]

Ignore me, you can deposit up to £250K.

I am getting one right now

[Patch1875]

I opened one earlier as well all very simple.

[fat80b]

opened a similar product with first direct the other day - 3.5% and £300 pm max

[hairy v]

Thanks - I'm an exisiting customer too, wish they would just apply the rate to my savings account!

[a311]

fat80b said:

opened a similar product with first direct the other day - 3.5% and £300 pm max

They are offering a regular e-saver with the same 2.75% too (not to be confused with this one) which is 2.75% from £1 to 250k.

[anonymous-user]

a311 said:

They are offering a regular e-saver with the same 2.75% too (not to be confused with this one) which is 2.75% from £1 to 250k.

I am with Santander too, that was incredibly easy, took about 30 seconds and it is already showing on the banking app.

Time to empty my Marcus now.

[a311]

hairy v said:

Thanks - I'm an exisiting customer too, wish they would just apply the rate to my savings account!

Same here. My grandad opened an account for me when it was Abbey National when I was born some 40 years ago, I've kept it for sentimental reasons . The interest has been laughable for years on their savings range.

Hopefully rates continue to creep up for savers and the banks compete to offer the best rate.

[madbadger]

I just tried to apply for an E saver and was told I already have a monthly saver account. (Which was getting about 0.5%). Will check tomorrow if they have upped the rate on that.

Looks the same deal. Regular up to £200 a
month.

[anonymous-user]

It's not a regular monthly savings account, you can deposit up to £250K

https://www.santander.co.uk/personal/savings-and-i...

I suspect Marcus are seeing millions of pounds leaving their accounts this afternoon.

[madbadger]

Ok. I will look properly.

On the banking app it seemed like it was the monthly saver. I’ll have a look on the website.

[RSbandit]

Still getting a pitiful 45bps on my saving account at NatWest…piss take that they haven’t passed on the rate increases to savers…this Santander looks ok although Theres a fixed rate savings account with Investec that is offering 4.15%
Need to move some cash there !

https://savings.investec.com/fixed-rate-saver

[Carbon Sasquatch]

RSbandit said:

Still getting a pitiful 45bps on my saving account at NatWest…piss take that they haven’t passed on the rate increases to savers…this Santander looks ok although Theres a fixed rate savings account with Investec that is offering 4.15%
Need to move some cash there !

https://savings.investec.com/fixed-rate-saver

That's a fixed 12 months account

I've just put some into it, it was 3.4% in September, last time I put some away.....

[dalenorth]

That’s a good rate that is. What are they offering on corporate funds?

[valiant]

Cheers for the heads up.

I’m bloody with Santander as well and knew nothing about it!

Marcus’ loss I’m afraid (well, until the 12 months ends anyway)

[p_k_n]

Got this account set up and went to transfer my savings from Chase - the withdrawal was blocked and I received a text message asking me to call them urgently due to suspicious activity. Been on hold for over 1.5 hours so far

[chuck_ster]

a311 said:

Santander have launched an instant access E-Saver with 2.75% interest, paid monthly or annually if anyone is interested.

I had some savings in Chase and was going to move to Charter bank who were offering 2.38% but ID had to be copied and counter signed and sent in the mail which is too much like hard work these days.

Already a customer so took <1 min to apply and have the account ready to pay in.

Thanks for the heads up, account set up and running within 5 mins

[gangzoom]

Thanks for the heads up, 18months ISAs at 4% coming too .

[Thin White Duke]

Lloyds need to up their game.

I've just checked and my Monthly saver is paying 1.25%, yet you can open one now paying 2.5% but they won't let me "renew" my existing account to the new rate.

And all of this flitting from one account to the next is doing my head in.

[Hippea]

Thanks, just signed up for this