Savings interest rate thread

[SteveStrange]

steveo3002 said:

Bowser87 said:

steveo3002 said:

give it a couple of weeks someone else will offer the same or better

Several others at just over 2.5% still. With base going toward 3% in November there will be many others.

yeah can see me changing often until things settle

Yep, so get the interest paid monthly wherever possible.

[johnnyBv8]

SteveStrange said:

steveo3002 said:

Bowser87 said:

steveo3002 said:

give it a couple of weeks someone else will offer the same or better

Several others at just over 2.5% still. With base going toward 3% in November there will be many others.

yeah can see me changing often until things settle

Yep, so get the interest paid monthly wherever possible.

I'm not sure it makes a difference - if you move it after a few months the provider will add any accrued interest up to the point you transfer (less any penalties).

What can sometimes make a difference is deciding what tax year you want the interest payment(s) to fall into.

[OldSkoolRS]

Still waiting to get access to my E-saver on line as I had to send off some ID.

However, I know the E-saver this thread is about is 'full' but there seems to be another one showing on their website (not to be confused with the one you pay up to £250 a month into) but the rate is now only 2%. Have they just dropped the rate down on our one, since it is variable?

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

If so I might as well leave mine where it is with Virgin at 2% up to £25k for now: I'll end up with loads of accounts having a nominal £10 or whatever in at this rate.

[HustleRussell]

Thanks for starting the thread a311- a family member and I, both banking with Santander already, each nabbed one of these limited esavers last week.

[bmwmike]

OldSkoolRS said:

Still waiting to get access to my E-saver on line as I had to send off some ID.

However, I know the E-saver this thread is about is 'full' but there seems to be another one showing on their website (not to be confused with the one you pay up to £250 a month into) but the rate is now only 2%. Have they just dropped the rate down on our one, since it is variable?

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

If so I might as well leave mine where it is with Virgin at 2% up to £25k for now: I'll end up with loads of accounts having a nominal £10 or whatever in at this rate.

Mines still showing as 2.72%

[Acorn1]

Still waiting for my second letter! It's been 9 days since I opened the account.

[bmwmike]

Acorn1 said:

Still waiting for my second letter! It's been 9 days since I opened the account.

Just did mine online. Guess you don't have an existing santander account.

[CorradoTDI]

OldSkoolRS said:

Still waiting to get access to my E-saver on line as I had to send off some ID.

However, I know the E-saver this thread is about is 'full' but there seems to be another one showing on their website (not to be confused with the one you pay up to £250 a month into) but the rate is now only 2%. Have they just dropped the rate down on our one, since it is variable?

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

If so I might as well leave mine where it is with Virgin at 2% up to £25k for now: I'll end up with loads of accounts having a nominal £10 or whatever in at this rate.

For any new customers yes... anyone who signed up and got the 2.72 should keep it.

[Acorn1]

bmwmike said:

Acorn1 said:

Still waiting for my second letter! It's been 9 days since I opened the account.

Just did mine online. Guess you don't have an existing santander account.

My mortgage is with them, I did sign online and they confirmed the account was open the same day.

[bmwmike]

Acorn1 said:

bmwmike said:

Acorn1 said:

Still waiting for my second letter! It's been 9 days since I opened the account.

Just did mine online. Guess you don't have an existing santander account.

My mortgage is with them, I did sign online and they confirmed the account was open the same day.

Ah, uh, ok. Not sure what second letter you are waiting for, i didn't get anything, but no matter hope you get it sorted etc.

[OldSkoolRS]

I'm an existing customer (via my Dad's LPOA and also a recently closed ISA) but somehow my middle name got mis-spelt on the application so I had to send a 'change of details' form in and reference the email they sent telling me that 'some details don't match'. Hopefully once it comes back I'll have access and get the 2.75% rate I signed up for. I guess they've opened another one with lower rates hence the 2% rate I can now see on their site.

As I can't see the original offer/rate; can someone confirm what the limits are for it? I seem to think £250k (which is far over what I'd need, but some similar accounts are limited to £5k or perhaps £25k).

[snoopy25]

OldSkoolRS said:

I'm an existing customer (via my Dad's LPOA and also a recently closed ISA) but somehow my middle name got mis-spelt on the application so I had to send a 'change of details' form in and reference the email they sent telling me that 'some details don't match'. Hopefully once it comes back I'll have access and get the 2.75% rate I signed up for. I guess they've opened another one with lower rates hence the 2% rate I can now see on their site.

As I can't see the original offer/rate; can someone confirm what the limits are for it? I seem to think £250k (which is far over what I'd need, but some similar accounts are limited to £5k or perhaps £25k).

I believe it was £250k from what I remember.

[OldSkoolRS]

snoopy25 said:

I believe it was £250k from what I remember.

Thanks Snoopy25

[Acorn1]

bmwmike said:

Acorn1 said:

bmwmike said:

Acorn1 said:

Still waiting for my second letter! It's been 9 days since I opened the account.

Just did mine online. Guess you don't have an existing santander account.

My mortgage is with them, I did sign online and they confirmed the account was open the same day.

Ah, uh, ok. Not sure what second letter you are waiting for, i didn't get anything, but no matter hope you get it sorted etc.

I think it's because I haven't registered for online banking with them before, so i can't register without the two stage letters

[six port]

Managed to open up one of these but can’t access without sending 2 forms of ID and a change of details form as I had an account with them years ago.

No access to a printer right now it’s a bit of a faff to sort this one!

[200Plus Club]

six port said:

Managed to open up one of these but can’t access without sending 2 forms of ID and a change of details form as I had an account with them years ago.

No access to a printer right now it’s a bit of a faff to sort this one!

I gave up and went elsewhere for a better rate, done online in ten mins.

[bmwmike]

200Plus Club said:

I gave up and went elsewhere for a better rate, done online in ten mins.

Where and what rate? Thx

[200Plus Club]

Atom at 3.2% for 6 months, will do nicely while I see what else happens

[time waster]

200Plus Club said:

Atom at 3.2% for 6 months, will do nicely while I see what else happens

Two year mortgage rates at 6.5%.- implies that could soon be dwarfed

[Carbon Sasquatch]

time waster said:

200Plus Club said:

Atom at 3.2% for 6 months, will do nicely while I see what else happens

Two year mortgage rates at 6.5%.- implies that could soon be dwarfed

but maybe not within 6 months ?

You can get a two year fixed savings rate of 4.8% right now (and maybe more)

There's also a cost to waiting - if you sit on your hands for a month waiting for a better rate, then it needs to be much better or you lose out overall.....