My Zopa is nearly empty now
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Santander had a limited time easy access available at 2.75%. It’s not available any more though.
Best easy access is still Barclays at 5%.
In any case, while I’m excited Starling are doing this - it makes no sense to use the feature if it’s not competitive with the top rates, especially with so many instant access options already available (Atom, for example)
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You don’t have to lock money away with that account. The “limitation” is that you can only add up to £200 a month.
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No. I have the EA version.
I suspect Starlings offering will not differ much to Monzo’s interest pots, ie external providers.
I await to be amazed though 
I dunno. Now they do mortgages they’ll be looking to increase their balance sheet to fund them, so (unlike a few years ago) I do expect Startling savings. Or, at the least, savings pots branded as the mortgage company they acquired (Fleet?) alongside others. But I think they’ll just do their own.
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Been looking for a new savings account, I’ll keep an eye out for what the offering is.
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I’m totally here for a decent Starling savings account. But open banking access via Monzo plsthx.
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I would probably expect something maybe a little like Zopa’s savings accounts - but with Saving Spaces.
So, have an instant access saving space with the lowest interest (maybe allow round-ups to be paid into there as well like Chase) and then different fixed term Savings Spaces with higher interest?
While it’s good that Monzo and Starling are looking at doing things ‘a bit different’ - sometimes you just have to admit it’s no good re-inventing the wheel when there’s certain products that have been around for a long time already covering that (trying to market Monzo Flex vs Credit Cards being one of those times)
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Yep, I completely agree.
It would be nice, however, if Monzo and Starling could buck the trend of a) ‘bonus rates’ and b) issuing/reissuing new accounts every time the rate increases, and slowly reducing rates for loyal customers who stick with their original savings account.
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Basically, they have to emulate Zopa or better to compete
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Their balance sheet on the last set of results suggests different. They are awash with deposits.
New at starling
Extra GBP accounts are now free on personal accounts, and are business accounts for free too, not sole traders yet.
Free additional account for joint account customersm
Fees to replace a card abroad has dropped from £60 to £10
(New?) Transaction limits, can someone post a screenshot if they see, I can’t find it.
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Re-activated my second Starling account.
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Going to be a few now for connected card spaces
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There’s already a £2 fee for a Connected Space. Are you saying that amount is changing?
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I’ve never been charged for my connected space and I’ve had it since the beginning
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The fee for a Connected card only applies if you opened it after 3 September 2020, and that’s not changing from what I can see.
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I wonder if they’ve removed the £2 fee for additional GBP accounts to prepare for their new Savings Product. And that product is going to be a fairly ‘standard’ actual separate Savings Account, and not Saving Spaces with interest?
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Not according to the website, but if you download their fees and charges document it says:
“Subscription service - Connected Card: for customers who have subscribed to the Connected Card (debit card) on or after 3 September 2020: for each Connected Card Goal and corresponding Connected Card you order, we charge a subscription fee of £2 per month (paid in advance).”
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