The Top Easy Access Savings Discussion Area

refluxer

castle96 said:

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

Chase pays 1.5% on their Chase Saver account and it's not possible to open an account on a PC so what exactly have you opened ? Be careful it isn't a scam site.

Actually - the recent link posted was for a Gatehouse account @1.3% - have you confused the two ?

castle96

soulsaver said:

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

soulsaver

castle96 said:

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

Gatehouse is 1.3.
Chase is 1.5
Two different banks.

castle96

what a fool I am. Sorry. Yes it is Gatehouse I have opened. 1.3 is ? OK for easy access, and on a PC as well.. (dont do apps)

janusdesign

Daliah said:

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).

maybe they've improved since I closed my accounts last year... I will have posted about the hassle I had with them (especially closing the accounts), but the forum search is hopeless here so not worth trying to find and link to that post.

for me, based on that previous experience, there isn't an interest rate they could offer that would tempt me back - if others have had a different experience with VM, then that's fine and i'm pleased that they have - perhaps I was just unlucky, but I can live with that... there are better and stress-free options out there.

tbh, I wasn't really using them for savings anyway, it was primarily the current account - which would be off-topic for this thread.

refluxer

castle96 said:

what a fool I am. Sorry. Yes it is Gatehouse I have opened. 1.3 is ? OK for easy access, and on a PC as well.. (dont do apps)

Yes, it's a decent rate if Chase isn't an option - just bear in mind that it's a Shariah bank so that rate is an 'expected profit rate' and not guaranteed.

BigBlueSky

Anyone know how fast transfers into and out of Gatehouse are ?

jimexbox

castle96 said:

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

The chase account is app only @1.5%. Plus 1% cashback for 12 months on their card. 

soulsaver

castle96 said:

what a fool I am. Sorry. Yes it is Gatehouse I have opened. 1.3 is ? OK for easy access, and on a PC as well.. (dont do apps)

Make sure you're clear when you fund it:
It's one of those where you pay their holding bank sort code 20 32 53 & ac no 93511057 
(as per email from them when you open the ac).
In ac name: Gatehouse Bank PLC - will be confirmed by your bank.
And then in the reference, your GH savings ac number and (think) plus your surname - follow their instructions closely, they've changed since I opened mine. 

IIRC must be from your linked account.

soulsaver

BigBlueSky said:

Anyone know how fast transfers into and out of Gatehouse are ?

soulsaver said:

2nd hand FP: Withdrawals notified before 2:00pm usually same day. After 2:00pm by end of next day  to Nominated Ac

a.m. transfers in think should show by close; pm prob next morning.