Best savings account?

[Disco_P]

Any ISA recommendations?

There are too many variables to give you a good answer beyond MSE's page on ISAs

Top cash ISAs 2024/25

Get tax free interest on savings of up to £20,000. Martin Lewis compares the best ISA rates in our top picks cash ISA guide to get the most from your savings.

www.moneysavingexpert.com

 

[Sho]

Just opened up a Tandam account.

My god, it takes bloody forever to transfer funds over. Find the app to be a little slow. I’ll get use to it.

Chip was great in this sense as it was smooth and the app was far more polished to use.

 

[MatsyLR]

Still waiting for them to approve my id dunno what's taking so long

 

[Sho]

Still waiting for them to approve my id dunno what's taking so long

It took me 2mins for my ID to be approved.

 

[Mercenary Keyboard Warrior]

I opened the shawbrook last week. Wont be full this year as already paid some into S&S ISA.
Painless process but they are a little slow to recognise the deposits (3-4 hours or so)

Something to watch out for is flexible. Means you can withdraw and put it back in the same year and not lose the tax free status.

There wasn't a competitive one last week, but now Newcastle BS are there.

 

[BennyC]

Jumping ship from Chip to Tandem as Chip have held out too long on the latest increase, though Tandem paused applications over the weekend so need to wait until tomorrow

Annnnd I'm in

 

[jakedude182]

I've been using Tandem since December. Usually takes 20-30 mins for withdrawals/deposits and never had any problems.

 

[Disco_P]

Switched from Chip to Tandem, easy peasy. I will miss the daily interest pending update in chip but I prefer the 10% higher interest.

 

[Superficial]

I moved to tandem last week - happy so far but just got a moneysupermarket update showing RCI bank (never heard of them but FSCS regulated) has a 6% 3 year locked account. Imo 6% locked for 3 years offers a top tier stable interest rate if you can manage not to touch it. i think that rate will outlast the current BOE base rate policy as I believe they will lower the rates in a few months now inflation is starting to come under control.

if 1 years more your bag that standard charter offering a 6.02% 1 yr bond

https://www.moneysupermarket.com/savings/goals/?goal=SAV_FIXED&source=CRM-000&utm_source=&utm_medium=email&utm_campaign=&utm_term=114ef4cd4596cf8470c0e27e45e82a2b8b053670&utm_content=secondary_Cta_5

 

[ShivP]

Switched from Chip to Tandem, easy peasy. I will miss the daily interest pending update in chip but I prefer the 10% higher interest.

10% sounds good

 

[Zatoichi.uK]

10%? Tandem is 0.5% higher than chip.

 

[uscool]

Atom bank seems to be dropping 6.05% , 6% and now 5.9% in few weeks for fixed 1 and 2 years, was looking to go fixed with them

 

[200sols]

10%? Tandem is 0.5% higher than chip.

4.51 at chip, 5% at tandem = tandem is 10.8% higher.

 

[Zatoichi.uK]

4.51 at chip, 5% at tandem = tandem is 10.8% higher.

Ah I did wonder!

 

[Raymond Lin]

10%? Tandem is 0.5% higher than chip.

5% vs 4.5% the difference is 0.5% and 0.5% is 10% of 5%.

So say, instead of getting £10 of interest, you get £11. Hence, 10% more.

 

[darkgen]

Anyone having issues trying to sign up with Tandem on the app? I've tried multiple times to receive the sign-in SMS code when registering the mobile number with zero luck.

 

[MatsyLR]

The tandem app is horrible. Making it impossible to link banks just loops.

 

[Disco_P]

The tandem app is horrible. Making it impossible to link banks just loops.

I had no issue with linking RBS.

Anyone having issues trying to sign up with Tandem on the app? I've tried multiple times to receive the sign-in SMS code when registering the mobile number with zero luck.

Are you including the +44 or not?

 

[thewanted]

I had no issue with linking RBS.

Linking with HSBC was seamless for me.

 

[darkgen]

I had no issue with linking RBS.

Are you including the +44 or not?

Yes, tried with and without the international prefix.