Just seen the email and pop-up message regarding Clear Bank…bummer Appreciate the goodwill gesture of course.
Is there an update on any interest rates with Santander International for any new Easy Access Pot?
Thanks
Yes, we’ll know more next week.
Our partner is working to add 2-3 more banks to their panel which we can plug in next month.
There might also be a chance ClearBank is back in the next few weeks. They need to resolve some bureaucracy.
Any updates on this at all?
I’m missing having my savings in Emma, even though I’m in the market leading 3.55% Chip!
We don’t have an update yet unfortunately.
We are currently waiting to hear from the bank we had to remove (the same as Chip) and our partner is looking for a few more custodian banks to add. It will get better, we just need to wait a few more weeks.
I have some news!
We might be able to launch with a new bank in the short term. The interest rate would be 3.40%.
Love to hear it
Thank you ahah
Breakin news: the rate is going up to 3%.
We just need to send a communication out.
We have just introduced a new Santander product that is able to offer up to 3.04% AER.
Existing customers will need to withdraw and deposit in the new product.
Anyone else can just open a new Easy Access Pot.
Would there be a way to produce a bills pot which takes recurring card payments? Even with the functionality to round up and move to the savings product?
Yes, this is not difficult to build.
We have put it on pause cause at the moment the “best” way to build this is by setting up a direct debit on your current account and take the money from there every week or so.
There is some progress made by Open Banking - it will allow us to make variable recurring payments, but it’s still early days.
exciting news!!
These are all our new rates:
Free - 1.51%
Plus - 1.91%
Pro - 2.78%
Ultimate - 3.04%
These are AER values.