Goldman Sachs entering UK Savings market

[AAAlphaThunder]

FT says stocks & shares ISA to follow:
https://www.ft.com/content/145467d6-da1 ... 216ebe1f17
https://www.investmentweek.co.uk/news/4 ... stment-isa

I look forward to it.

[planteria]

adding some diversity to the market, which is welcome.
it's all about the best deal with a platform though.

[Sarah]

MSE Martin now warning that Marcus stands alone:
https://www.moneysavingexpert.com/tips/ ... easyaccess

[planteria]

i only have £100 with GS. local Co-ops here offering 2.25% and 2%.

[Sarah]

Marcus savings interest rate is now down to 1.35% for new customers; they appear to have discontinued the 0.10% bonus. I gave up waiting for a better incentive and joined last month, so still have 11 months bonus remaining, however it's another little squeeze on savers.

[planteria]

yes my 0.15% bonus is ending about now..
i only have c£100 with them nowadays.
local Co-ops paying 2.25% and 2%.

[planteria]

i couldn't see how to close my account tonight.
i've withdrawn the funds in the account - but it remains open with a £0.00 balance.

[AAAlphaThunder]

i couldn't see how to close my account tonight.
i've withdrawn the funds in the account - but it remains open with a £0.00 balance.

Good move. Contact support to ask them how to close the account.

[Boro Boy]

I see Marcus Bank are stating: "Applications are currently closed"

[Sarah]

Marcus have a 1 Year fixed rate (1.00%) available now instead of the easy access account.

NS&I Direct Saver pays the same, so could be a better option if you need that type of account.