Best savings account?

Raymond Lin · 2025-01-24T19:56:41+0000

Disco_P said:
Then use the other method, it's how I move money between Chase and T212

The one that takes up to a couple of days?

Tefal · 2025-01-24T20:25:33+0000

Raymond Lin said:
How do you find out the actual account and sort code for T212?

Go to add funds bank transfer.

You'll then have thier account details listed and a reference number for yoh to enter to have it directed to your account. This also works for standing orders

Raymond Lin · 2025-01-24T20:34:49+0000

Tefal said:
Go to add funds bank transfer.

You'll then have thier account details listed and a reference number for yoh to enter to have it directed to your account. This also works for standing orders

This page right? This page is where I put in the Chase details withdraw from the Chase account?

It seems backwards to me, instead of go to Chase account and put in T212 account details and then send.

Tefal · 2025-01-24T20:41:59+0000

Raymond Lin said:
This page right? This page is where I put in the Chase details withdraw from the Chase account?

It seems backwards to me, instead of go to Chase account and put in T212 account details and then send.

Yes it's slightly odd that you have to add the account for a "pull" rather than a "push" as it where but it then functions like any other bill rather than a transfer.nut you can make aditional payments at will through the same mechanism to avoid fees I've personally found it near instant with santadare and with hsbc

Edit: sorry imay be wrong once you've added your details you will get the t212 details and a reference number I've just compared new account to existing, to make a transfer.

One nice new feature thought is you can move money within ISAs so you can transfer between stocks and savings without affecting your limit for the year. Not sure if that's relevant for you but it is an option.

englishpremier · 2025-01-24T21:05:10+0000

Sandycheeks said:
I have a T212 cash isa, considering throwing another chunk in but I like having a decent amount in my standard account...how hard is it to withdraw from T212 as I've read a few bad reviews...

Pretty quick and easy, but it's aways via methods you've used to pay in the past. So it's good to pay in via a variety of cards so you have options in the future. It can take up to 3 days and they do weird amounts like a £10k withdrawal will be something like payments of £1690, £6367, and £1943.

mattyfez · 2025-01-24T22:40:55+0000

very strange... I mean I don't care if a savings transfer is instant, or takes a week... I **presume** the interest and/or cash gains are realised at the moment of transfer, so if it takes 3 days to transfer, you'd still get 3 days gains bundled in from the previous account?

It's the general lack of transparency that annoys me.

If theres's no transparency, one has to take the default position that there's something rotten in denmark.

MatsyLR · 2025-01-24T23:21:08+0000

mattyfez said:
very strange... I mean I don't care if a savings transfer is instant, or takes a week... I **presume** the interest and/or cash gains are realised at the moment of transfer, so if it takes 3 days to transfer, you'd still get 3 days gains bundled in from the previous account?

It's the general lack of transparency that annoys me.

If theres's no transparency, one has to take the default position that there's something rotten in denmark.

The money disappears straight away so I doubt you get interest on it.

mattyfez · 2025-01-25T00:58:54+0000

MatsyLR said:
The money disappears straight away so I doubt you get interest on it.

so you make an actual loss on transfer?

If a transfer takes 24hrs, you lose one day of gains, if it takes 5 days you lose 5 days gains? Is that what you are saying?