Best savings account?

[Mercenary Keyboard Warrior]

Coventry BS have a loyalty 5.9% bond until end of Aug 24.
Seems quite a decent one if you can accept it.

That 1p I never withdrew doing its thing keeping offers open

 

[413x]

Coventry BS have a loyalty 5.9% bond until end of Aug 24.
Seems quite a decent one if you can accept it.

That 1p I never withdrew doing its thing keeping offers open

That's a great rate.
I fixed for 3 years in December at 4.75.
Thats not looking so smart now!

I want all my cash accessible in 2025 for that potential house move. So next fixes I'll be looking at are probably 1 year in a years time.

 

[200sols]

Close Brothers have 1yr and 2yr @ 6.05%. Its decent. I'd be quick though doubt we go much higher.

 

[200sols]

Thats not looking so smart now!

It really depends because there is also an opportunity cost of waiting for better rates. I favour the ladder option so never long to wait until a fix expires.

 

[413x]

It really depends because there is also an opportunity cost of waiting for better rates. I favour the ladder option so never long to wait until a fix expires.

I was confident enough rates were going to peak at 5 back in December I popped enough in that 3 year bond to max out my tax free.

Its not a regret as I want to be completely liquid in 3 years for next house buy. So this tax year I'll take out a 2 year. Cash isa. The year after a 1 year.
Basically releasing everything in 2025.

 

[Jono8]

Just got good news. The Coventry building society four access account I took out is putting rates up to 4.5% , and it lets you take out money at any amount 4 times a year.

That's a good rate for semi-easy access.

 

[Jokester]

Maybe, I can't see why the linked bank would have any interest or responsibility report though.

Yeah, I don’t understand it either but when I set up my Chip account it wasn’t just a case of putting my main account details in (Santander), it was fully integrated into the Santander account to the point I got a message from Santander themselves saying the accounts were linked.

 

[ShiWarrior]

just had a look on MSE

1 year fixed cash isa , just under 6%

or

there's 3 bank with saving accounts, fixed for a year, again just under 6% all 3 with Max deposits quite high

any point not opening an ISA then ?

Top savings accounts

Find the best interest rate savings accounts & maximise your returns with Martin Lewis' guide.

www.moneysavingexpert.com

 

[div0]

just had a look on MSE

1 year fixed cash isa , just under 6%

or

there's 3 bank with saving accounts, fixed for a year, again just under 6%

Is it not more like 5.2% vs 5.9%?

But, if you've got a decent amount of savings, I'd certainly lean towards the ISA.

 

[uscool]

just received email from Chip instant access rate increased to 4.26% effective from 5th July

 

[ShiWarrior]

just received email from Chip instant access rate increased to 4.26% effective from 5th July

what's the advantages of chip ?

free withdrawals ?

 

[tom_e]

what's the advantages of chip ?

free withdrawals ?

They've offered the best instant access rate since the start of the year pretty much and there's no limit on amount you can deposit or withdraw.

 

[ShiWarrior]

might have to put some money in there then and earn something rather than nothing

 

[Bear]

After reading this, I just opened a Chip account and deposited £500, all good and then I was about to link my account and it said I needed my debit card, so I closed the app and got the card. Opened the Chip app and thought there wasnt any security to log in, is there something Im missing as I cant seem to find anything to set a login?

 

[ShiWarrior]

chip up and running !

 

[uscool]

After reading this, I just opened a Chip account and deposited £500, all good and then I was about to link my account and it said I needed my debit card, so I closed the app and got the card. Opened the Chip app and thought there wasnt any security to log in, is there something Im missing as I cant seem to find anything to set a login?

setttings - secure log in, options are fingerprint or pin

 

[Bear]

setttings - secure log in, options are fingerprint or pin

Thanks, I was looing for a settings option but it was under profile and security/help. It was so clearly visible I couldnt see for looking

 

[Disco_P]

Next time they raise it I'll have to do a long screenshot

 

[Relentless81]

Getting more and more tempted to move from Chase to Chip, they're much quicker at applying the increases but the Chase current account is pretty good, if it wasnt for the current account I would have moved by now

 

[Freakbro]

Getting more and more tempted to move from Chase to Chip, they're much quicker at applying the increases but the Chase current account is pretty good, if it wasnt for the current account I would have moved by now

Why not keep the Chase current a/c then and just use the Chip savings account?