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The Top Easy Access Savings Discussion Area
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Gatehouse Easy Access - a bit more information for new account holders
After having opened the account yesterday, and making several deposits from my nominated account, today I can see a message in the app, saying "Your nominated account must be authenticated before it can be used for withdrawals". There is no explanation in the app how this authentication works, but if you log into online banking they tell you that they will send you an authentication code in the post, and you then enter this code in online banking to complete the authentication process. This sounds like a security measure - not 100% foolproof but better than not verifying the nominated account.3 -
Winchmore_Hill_Shot said:I was wondering the same re Al Rayan. I don't think there is a minimum operating balance but their T&Cs don't say one way or another. From what I've seen on other threads my impression is that you get the interest whatever the balance.
If you do ring them, let us know what they say.1 -
Re. Al Rayan. How quick are deposits and withdrawals to show?0
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Daliah said:Gatehouse Easy Access - a bit more information for new account holders
After having opened the account yesterday, and making several deposits from my nominated account, today I can see a message in the app, saying "Your nominated account must be authenticated before it can be used for withdrawals". There is no explanation in the app how this authentication works, but if you log into online banking they tell you that they will send you an authentication code in the post, and you then enter this code in online banking to complete the authentication process. This sounds like a security measure - not 100% foolproof but better than not verifying the nominated account.
Must work harder
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10_66 said:Winchmore_Hill_Shot said:I was wondering the same re Al Rayan. I don't think there is a minimum operating balance but their T&Cs don't say one way or another. From what I've seen on other threads my impression is that you get the interest whatever the balance.
If you do ring them, let us know what they say.
When their rates fell behind, both earlier versions were run down to a nominal amount well below the opening balance figure, but some interest was always paid each month, and without any mention of a review. Both still show with a zero balance.
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Thanks for this Rollinghome.0
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jimexbox said:Re. Al Rayan. How quick are deposits and withdrawals to show?
Also I notice that some people have had problems calling them. They used to have top class CS with the phone being answered after just a couple of rings. More recently they seem to have been badly impacted by covid causing staff shortages. I understand they've recently reduced their office hours too, presumably for similar reasons. With luck, they'll get back to their previous levels of service.
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Shawbrook have brought out a new easy access account issue but reduced the rate from 1.86% to 1.81%.1
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Strange going down in rates , I’ve had 2 increases from them in Aug and now sits at 1.86%. No notification saying decreasing yet.0
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