The Top Easy Access Savings Discussion Area

wiseonesomeofthetime

Pompeydave1967 said:

georged123 said:

I wonder if a few places will be trying to slip out a quiet rate decrease when people are pre- occupied with Christmas…

I reckon a few could , tandem for one poss. All their fixed have dropped to ultra low rates now so will the easy access 5% go the same way ?

Didn't they just try to promote a new pots feature though?

Might find they empty quick, if drop too low.

Pompeydave1967

Yes new pots available but no advantages on current rates.

wiseonesomeofthetime

Agreed. I've not tried the new feature because my money is elsewhere, earning 0.20% to 0.23% more.

Pence, I know, but extra in my pocket, eventually 😊

wiseonesomeofthetime

Gatehouse Easy Access dropping 18 Jan 2024
From 5.23% gross to 5.06% gross
Source: email this morning 

infoadict

GATEHOUSE TO REDUCE THEIR EXPECTED PROFIT RATE

We want to notify you that the expected profit rate on your Gatehouse Bank EASY ACCESS is changing as follows on 18 January 2024:

Current rate	New lower rate
5.23% Gross	5.06% Gross

Bigwheels1111

Gatehouse Bank email today.
We want to notify you that the expected profit rate on your Gatehouse Bank EASY ACCESS is changing as follows on 18 January 2024:

Current rate	New lower rate
5.11% Gross	4.95% Gross

flaneurs_lobster

infoadict said:

We want to notify you that the expected profit rate on your Gatehouse Bank EASY ACCESS is changing as follows on 18 January 2024:

Current rate	New lower rate
5.23% Gross	5.06% Gross

Bigwheels1111 said:

We want to notify you that the expected profit rate on your Gatehouse Bank EASY ACCESS is changing as follows on 18 January 2024:

Current rate	New lower rate
5.11% Gross	4.95% Gross

Er....are they different issues or summat?

RosieRooBear

@flaneurs_lobster, one is the yearly interest rate and one is the monthly interest rate. I had the same email as @Bigwheels1111 for the monthly interest rate reduction.

Bigwheels1111

flaneurs_lobster said:

infoadict said:

We want to notify you that the expected profit rate on your Gatehouse Bank EASY ACCESS is changing as follows on 18 January 2024:

Current rate	New lower rate
5.23% Gross	5.06% Gross

Bigwheels1111 said:

We want to notify you that the expected profit rate on your Gatehouse Bank EASY ACCESS is changing as follows on 18 January 2024:

Current rate	New lower rate
5.11% Gross	4.95% Gross

Er....are they different issues or summat?

I think mine is paid monthly, is your annually.

infoadict

Yes - mine is annual Interest