The Top Easy Access Savings Discussion Area

Yellowman

Phret said:

Daliah said:
"As long as you download the app from the AppleStore or from Google Play, there is nothing to worry about."
That's perhaps logical but how do I know that the the app has not been set up by a fraudster, who takes the money and disappears. I presume Apple and Google will not act as guarantors.

I prefer to click the links on the savings pages of Money Saving Expert for peace of mind.

masonic

Phret said:

Daliah said:
"As long as you download the app from the AppleStore or from Google Play, there is nothing to worry about."
That's perhaps logical but how do I know that the the app has not been set up by a fraudster, who takes the money and disappears. I presume Apple and Google will not act as guarantors.

There are no guarantees, but all apps are subject to approval before being available to download. The publisher, rating and download count are available. It would be very difficult to make a convincing fake, and if 100k other users had previously been fooled, it probably would be quite a big story already.

Daliah

Yellowman said:

Phret said:

Daliah said:
"As long as you download the app from the AppleStore or from Google Play, there is nothing to worry about."
That's perhaps logical but how do I know that the the app has not been set up by a fraudster, who takes the money and disappears. I presume Apple and Google will not act as guarantors.

I prefer to click the links on the savings pages of Money Saving Expert for peace of mind.

MSE doesn't guarantee links.

eskbanker

Patr100 said:

I know you have mentioned the boosted option and DYOR but Zopa gives you 1.35% for a 30 day notice which would place it second if it were a standalone account , and even a bit higher for 95 day wait.

But notice accounts are fundamentally a different proposition from genuinely easy access accounts, so there's little value in working out the notional position of a pear within a list of apples!

janusd

soulsaver said:

Gatehouse Bank tell me they are about to offer 1.3% Expected Profit on their Easy Access ac.

No application process is yet shown on their home web pages as best I can find without logging in is 'currently under review'... but there is an application 'button' when logged in, so appears available to existing customers with on line access. 

ETA They expect application to be sorted overnight - will be available to all.

as an existing user, are Gatehouse any good as a savings provider?

Patr100

eskbanker said:

Patr100 said:

I know you have mentioned the boosted option and DYOR but Zopa gives you 1.35% for a 30 day notice which would place it second if it were a standalone account , and even a bit higher for 95 day wait.

But notice accounts are fundamentally a different proposition from genuinely easy access accounts, so there's little value in working out the notional position of a pear within a list of apples!

Yeah, I forgot this thread was Easy access only rather than notice as well.
Surprisingly there doesn't seem to be an active thread on best notice accounts.

Mr._H_2

Patr100 said:

Surprisingly there doesn't seem to be an active thread on best notice accounts.

With interest rates heading upwards, notice accounts are probably much less popular.

Daliah

janusdesign said:

soulsaver said:

Gatehouse Bank tell me they are about to offer 1.3% Expected Profit on their Easy Access ac.

No application process is yet shown on their home web pages as best I can find without logging in is 'currently under review'... but there is an application 'button' when logged in, so appears available to existing customers with on line access. 

ETA They expect application to be sorted overnight - will be available to all.

as an existing user, are Gatehouse any good as a savings provider?

they have FSCS protection and the 2nd best rate. I would call that good.

soulsaver

janusdesign said:

soulsaver said:

Gatehouse Bank tell me they are about to offer 1.3% Expected Profit on their Easy Access ac.

No application process is yet shown on their home web pages as best I can find without logging in is 'currently under review'... but there is an application 'button' when logged in, so appears available to existing customers with on line access. 

ETA They expect application to be sorted overnight - will be available to all.

as an existing user, are Gatehouse any good as a savings provider?

I've never had any problem with them. As above, I'm also a pragmatist - a top rate and FSCS protected = 'great!'. 

Malchester

janusdesign said:

soulsaver said:

Gatehouse Bank tell me they are about to offer 1.3% Expected Profit on their Easy Access ac.

No application process is yet shown on their home web pages as best I can find without logging in is 'currently under review'... but there is an application 'button' when logged in, so appears available to existing customers with on line access. 

ETA They expect application to be sorted overnight - will be available to all.

as an existing user, are Gatehouse any good as a savings provider?

As an existing Gatehouse user I have just logged in and opened the easy access saver and transferred the minimum deposit of £1000. Says will take around 6 hours for the account to show. Deposit went by Faster Payments but not sure how quickly it will appear - today or tomorrow. Will do a test withdrawal to see how quick it is. Will keep my cash flow amount in Marcus as they have speedy withdrawals to link account.

As for how good Gatehouse are - I have a 5 year ISA with them and they were very good and speedy in setting it up. They also answered questions I had on the phone well and speedily. On the ISA the profit is paid to my nominated account. I assume this will happen on the Easy Access acct but I'm not sure