The Top Easy Access Savings Discussion Area

soulsaver

PS I'm waiting to see reaction to what happens with BoE MP com meeting Thursday - another 0.25% 'widely expected'.

janusdesign

Daliah said:

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.

there was a time when those conditions applied to Virgin Money... but no amount of recommendation from Martin or anyone else here would make me use them again.

I asked cos I associate Gatehouse more with notice and fixed accounts - I can't recall them offering easy access before (or at least not mentioned in the BB tables) and so was interested in how quick I can get the money in and, more importantly, out.

Mr._H_2

janusdesign said:

Daliah said:

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.

there was a time when those conditions applied to Virgin Money... but no amount of recommendation from Martin or anyone else here would make me use them again.

I'm honestly baffled by some of the highly negative things I've seen written about Virgin Money around here - for me their app is very very good (it's one of few that has an iPad optimised version), they answered the phone quickly on the one occasion I had cause to call them, and I've never had any serious issues. I've used most of the online banking services available in the UK and I'd definitely put Virgin near the top of a ranking.

It seems that whichever brand you select, you'll be able to find at least a handful of people who've had a dreadful experience.

soulsaver

janusdesign said:

Daliah said:

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.

there was a time when those conditions applied to Virgin Money... but no amount of recommendation from Martin or anyone else here would make me use them again.

I asked cos I associate Gatehouse more with notice and fixed accounts - I can't recall them offering easy access before (or at least not mentioned in the BB tables) and so was interested in how quick I can get the money in and, more importantly, out.

I've had their EA ac for years - but it was a 'keep a foot in the door' adjunct to their matured FTBs. It was 0.55(Jan'22) so wasn't on most people's radar.

Daliah

janusdesign said:

Daliah said:

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.

there was a time when those conditions applied to Virgin Money... but no amount of recommendation from Martin or anyone else here would make me use them again.

I don't know what your experience with VM is/was, but my own has been superb. I still have more than £20K with them in 2% accounts, I was happily using their 1% savings accounts until Chase came along, and I have over the years had numerous Regular Savers with them. In fact, I still have half a dozen of those now. Everything's working like clockwork, so I am more than happy with them, and more than happy to recommend them as and if they are offering the best rates (which obviously they don't really right now for new instant access accounts).

janusdesign said:

I asked cos I associate Gatehouse more with notice and fixed accounts - I can't recall them offering easy access before (or at least not mentioned in the BB tables) and so was interested in how quick I can get the money in and, more importantly, out.

You asked whether they are any good, and as above, I think they are. How quickly they process deposits and withdrawals, I don't know, and I won't find out unless they have a chart topping account.

typistretired

Chorley BS increasing their interest rates from 16th May 2022

soulsaver

Gatehouse 1.3% £1k initial min. Now available for on line applications.
ToTP edited.
Easy access account | Gatehouse Bank | Gatehouse Bank plc

castle96

confused... is it 1.3% or 1.5% ??? Opened on a PC. Is it higher on the app ?

soulsaver

castle96 said:

confused... is it 1.3% or 1.5% ??? Opened on a PC. Is it higher on the app ?

Avoid confusion: What bank/account are you talking about?

castle96

sorry. Chase easy access. Says 1.3. If you go down the app route, is it 1.5 then?