Savings accounts recommendations


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Ford Money

We have some good news for you.

In line with Our Best Rate Guarantee we’re increasing the interest rate on our Flexible Saver effective 27th January 2023 as follows:
Current rate . . . . . . . New higher rate
2.62% Gross . . . . . . . . 2.76% Gross

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Ford money is now accepting new applicants, interest rate at 2.80% Gross¹ / AER² Annual
(variable)

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Mine is 2.76% (monthly)

I have this too but when you to open new account they show the 2.80

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Don’t hear too much about these, but apparently I’ve got an account lying around somewhere…:face_with_raised_eyebrow:

Is it just me who isn’t terribly impressed by <3.25% interest rates now?

All those years spent with the BoE rate at 0.5%, nobody was getting excited about 0.25% savings rates. Not sure why it’s different now the number is higher in absolute terms.

Moving it to 0.11% less than Zopa current rate! :man_shrugging:

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It’ll likely be all-change again shortly as banks declare their next rate rise.

Indeed. I’m hoping the Natwest Group and Barclays linked accounts track upwards because soon I don’t reckon 5% will be much to shout about.

I’m looking forward to the day when

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I’ve opened a rainy day saver (3.35% up to £5000, 2 withdrawals a year) and a Christmas Saver (4.5%, max £300 per month until October and one withdrawal) with Yorkshire Building Society.

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Apparently Tandem is 3.05% now.

The app should update today according to their CS

Be good if Zopa put there’s up.

As long as you’ve tapped on Top it up, else it’s 2.85%

Atom’s instant access saver increased to 2.95% so I’ll just be leaving my money there for the foreseeable.

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I do like Atom because it’s actually instant.

A post was merged into an existing topic: Savings Accounts

A post was merged into an existing topic: Savings Accounts