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Post by overthehill on Feb 17, 2022 12:52:03 GMT
Top rates - 21feb2022.
Jan2021->Jan2022. CPIH=4.9%, CPI=5.5%, next release 23mar2022.
3Feb2022. BoE base rate=0.5%, next release 17mar2022
| FSCS Fixed Rate ** | Standard | Standard via Raisin *
| Sharia | Sharia via Raisin *
| 1 year
| atom, tandem 1.45%
| brown shipley 1.30% | al rayan 1.5%
| | 2 year
| smartsave 1.71%
| UBL UK 1.6%
| al rayan 1.72%
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| 3 year
| atom 1.85%
| ahli united 1.87%
| al rayan 1.92%
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| 5 year
| monument 2.2% | UBL UK 2.1% |
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* If new to Raisin - £50 bonus for >10k
** Always make sure the banks are not linked, so as not to exceed your 85k FSCS protection
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macq
Member of DD Central
Posts: 1,934 
Likes: 1,199
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Post by macq on Feb 17, 2022 13:11:28 GMT
Interestingly whether its in response to a poor take up or the rates from others going up but NS&I have all but doubled the rate on their Green bonds in recent days to 1.3%. Not great but seems the first move by them to move their poor rates over the last year or so
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Post by overthehill on Mar 1, 2022 23:09:08 GMT
Top rates - 3mar2022.
Jan2021->Jan2022. CPIH=4.9%, CPI=5.5%, next release 23mar2022.
3Feb2022. BoE base rate=0.5%, next release 17mar2022
| FSCS Fixed Rate ** | Standard | Standard via Raisin *
| Sharia | Sharia via Raisin *
| 1 year
| investec 1.48%
| cambridge + counties 1.33% | al rayan 1.5%
| | 2 year
| atom , aldermore 1.7%
| UBL UK 1.6%
| al rayan 1.72%
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| 3 year
| secure trust 1.9%
| FCMB UK 1.87%
| al rayan 1.92%
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| 5 year
| monument 2.2% | UBL UK 2.1% |
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* If new to Raisin - £30 bonus for >10k
** Always make sure the banks are not linked, so as not to exceed your 85k FSCS protection
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aju
Member of DD Central
Posts: 3,500
Likes: 924
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Post by aju on Mar 10, 2022 10:32:03 GMT
Not sure anyone is that interested in such low rates but Marcus has just uplifted their standard rate from 0.5% to 0.6% adding the bonus on top of 0.1% on top makes this now 0.7%.
Mrs aju has been uplifting the bonus rate expiry date for quite a while now on her slush fund location so its always helpful to check back every once in a while. The 0.1% bonus has been available for quite a while now. This is not our best account but at least for her it is safe in the absence of better rates or better withdrawal conditions elsewhere.
Still trying to decide which P2P to work with - probably will wait a while to see where the rates move to.
Zopa keeps asking us to close our P2P accounts but we are hanging on until at least the end of the fin year for tax checking reasons. Just holding them with £10 each.
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Post by overthehill on Mar 10, 2022 10:38:28 GMT
Not sure anyone is that interested in such low rates but Marcus has just uplifted their standard rate from 0.5% to 0.6% adding the bonus on top of 0.1% on top makes this now 0.7%. Mrs aju has been uplifting the bonus rate expiry date for quite a while now on her slush fund location so its always helpful to check back every once in a while. The 0.1% bonus has been available for quite a while now. This is not our best account but at least for her it is safe in the absence of better rates or better withdrawal conditions elsewhere. Still trying to decide which P2P to work with - probably will wait a while to see where the rates move to. Zopa keeps asking us to close our P2P accounts but we are hanging on until at least the end of the fin year for tax checking reasons. Just holding them with £10 each. Is the Joke of the Day?
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Post by overthehill on Mar 10, 2022 10:44:16 GMT
Top rates - 11mar2022.
Jan2021->Jan2022. CPIH=4.9%, CPI=5.5%, next release 23mar2022.
3Feb2022. BoE base rate=0.5%, next release 17mar2022
| Interest Rate ** | Standard | Standard via Raisin *
| Sharia | Sharia via Raisin *
| 1 year
| tandem 1.55%
| | al rayan 1.61%
| | 2 year
| hampshire trust 1.82%
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| al rayan 1.86%
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| 3 year
| smartsave 1.91%
| FCMB UK 1.9%
| al rayan 2.01%
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| 5 year
| united trust bank 2.2% | |
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| Easy access
| cynergy 0.8%
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* If new to Raisin - £30 bonus for >10k
** Always make sure the banks are not linked, so as not to exceed your 85k FSCS protection
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aju
Member of DD Central
Posts: 3,500
Likes: 924
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Post by aju on Mar 10, 2022 10:53:59 GMT
Not sure anyone is that interested in such low rates but Marcus has just uplifted their standard rate from 0.5% to 0.6% adding the bonus on top of 0.1% on top makes this now 0.7%. Mrs aju has been uplifting the bonus rate expiry date for quite a while now on her slush fund location so its always helpful to check back every once in a while. The 0.1% bonus has been available for quite a while now. This is not our best account but at least for her it is safe in the absence of better rates or better withdrawal conditions elsewhere. Still trying to decide which P2P to work with - probably will wait a while to see where the rates move to. Zopa keeps asking us to close our P2P accounts but we are hanging on until at least the end of the fin year for tax checking reasons. Just holding them with £10 each. Is the Joke of the Day? I'll assume that was not meant to be an insult. It's our easy access safe place some people are are using it other than us. We have way better rates than that elsewhere but are waiting for the rates to improve. The accounts you are showing as best are not very accessible to us as we don't have very good mobile access here in Rainy wilts and i thought all of those were mobile access and also money has to be locked up we have enough of those and NS&I is full for Mrs Aju and I pay tax!!!. Glad to be wrong though. 
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Post by birdie on Mar 11, 2022 9:49:43 GMT
Not sure anyone is that interested in such low rates but Marcus has just uplifted their standard rate from 0.5% to 0.6% adding the bonus on top of 0.1% on top makes this now 0.7%. Mrs aju has been uplifting the bonus rate expiry date for quite a while now on her slush fund location so its always helpful to check back every once in a while. The 0.1% bonus has been available for quite a while now. This is not our best account but at least for her it is safe in the absence of better rates or better withdrawal conditions elsewhere. Still trying to decide which P2P to work with - probably will wait a while to see where the rates move to. Zopa keeps asking us to close our P2P accounts but we are hanging on until at least the end of the fin year for tax checking reasons. Just holding them with £10 each. Investec is 0.71 easy access if you want somewhere quick and easy.
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aju
Member of DD Central
Posts: 3,500
Likes: 924
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Post by aju on Mar 11, 2022 10:28:57 GMT
Not sure anyone is that interested in such low rates but Marcus has just uplifted their standard rate from 0.5% to 0.6% adding the bonus on top of 0.1% on top makes this now 0.7%. Mrs aju has been uplifting the bonus rate expiry date for quite a while now on her slush fund location so its always helpful to check back every once in a while. The 0.1% bonus has been available for quite a while now. This is not our best account but at least for her it is safe in the absence of better rates or better withdrawal conditions elsewhere. Still trying to decide which P2P to work with - probably will wait a while to see where the rates move to. Zopa keeps asking us to close our P2P accounts but we are hanging on until at least the end of the fin year for tax checking reasons. Just holding them with £10 each. Investec is 0.71 easy access if you want somewhere quick and easy. Thanks, that's an interesting option, with any luck if a few more come into the arena then Marcus will increase again . It's not one i've looked at and it changes if we have less than £5000 to 0% (We are way higher than that) not keen on those but have used in the past. I'd need to investigate it further but for the sake £4 difference the time it might take to investigate further would fritter that £4 away easily. Mrs aju said "never heard of them" stick with Marcus until a way better offer comes available. She's already got a fair bit in Zopa at 1.4% that does not materialise until Sept her view is marcus has and is working for us over the last few years so why change for so little. Thanks for pointing it out though i'll check with which and look at it in my spare time - not much at the moment as baby sitting new grandchild over the next few days or so - forgot how demanding babies are even at 6 months!.
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Post by overthehill on Mar 11, 2022 10:39:26 GMT
Top rates - 11mar2022.
Jan2021->Jan2022. CPIH=4.9%, CPI=5.5%, next release 23mar2022.
3Feb2022. BoE base rate=0.5%, next release 17mar2022
| AER Interest Rate ** | Standard | Standard via Raisin *
| Sharia | Sharia via Raisin *
| 1 year
| tandem 1.55%
| | al rayan 1.61%
| | 2 year
| hampshire trust 1.82%
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| al rayan 1.86%
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| 3 year
| smartsave 1.91%
| FCMB UK 1.9%
| al rayan 2.01%
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| 5 year
| united trust bank 2.2% | |
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| easy access
| cynergy 0.8%
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AER Annual Effective Rate
* If new to Raisin - £30 bonus for >10k
** Always make sure the banks are not linked, so as not to exceed your 85k FSCS protection
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firedog
Member of DD Central
Posts: 367
Likes: 461
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Post by firedog on Mar 11, 2022 13:38:19 GMT
Seems incredible that the Marcus fixed term 1yr saver offers a lower interest rate than the standard savings account.
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Post by df on Mar 11, 2022 19:46:02 GMT
A few instant access accounts went up this months... Al Rayan increased from 0.7% to 0.8%, Virgin's linked saver jumped from 0.5% to 1%... Also some small increases in some variable rate regular savers. Better offers will probably follow soon, looks to me like the start of the race  |
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aju
Member of DD Central
Posts: 3,500
Likes: 924
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Post by aju on Mar 12, 2022 0:31:06 GMT
Sadly the cynergy 0.8% does not compound so just checking it against the marcus 0.7% gets £1 more than the compounding marcus account over 12 months. I only checked it against the examples on each site though.
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Post by overthehill on Mar 12, 2022 11:34:07 GMT
Sadly the cynergy 0.8% does not compound so just checking it against the marcus 0.7% gets £1 more than the compounding marcus account over 12 months. I only checked it against the examples on each site though.
Good point.
I always use the AER interest rate for comparisons as some places try to make their rate look better by not paying your interest annually but at maturity. Trust me Metro Bank tried to do that with me until I put them straight ! I've added AER to the table as all the rates in it are actually AER.
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aju
Member of DD Central
Posts: 3,500
Likes: 924
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Post by aju on Mar 12, 2022 12:33:29 GMT
Sadly the cynergy 0.8% does not compound so just checking it against the marcus 0.7% gets £1 more than the compounding marcus account over 12 months. I only checked it against the examples on each site though. Good point.
I always use the AER interest rate for comparisons as some places try to make their rate look better by not paying your interest annually but at maturity. Trust me Metro Bank tried to do that with me until I put them straight ! I've added AER to the table as all the rates in it are actually AER. Sadly it can be more complicated than that and its the reason i prefer to do my own spreads for anything like this - and read their terms with a fine tooth comb. Their description admits there are issues especially with bonuses that may not last 12 months or change along the way. I'll stick to my spreadsheet measuring methods just in case i might not fully understand from their docs and terms. Makes life difficult but hey i want the best bang for my buck when i am dealing with money i may want access to but not at the expense of understanding.
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