Regular Savings Accounts: The Best Currently Available List!

simonsmithsays

GetRichOrDieSaving said:

allegro120 said:

gt94sss2 said:

Gatehouse have added the interest/profit due to those who opened their RS accounts on 29/11/23.

Not 100% sure what rate is applicable to the easy access accounts. I would be pleasantly surprised if it is 5% as the account suggests in online banking/their app..

I didn't expect this, I thought they will either morph the account into EA at 4.51% (4.6%AER) or transfer the money into my existing EA.  5% EPR is 5.12% AER, but it is still showing as Regular Saver.  If it shows as EA at this rate tomorrow I won't be withdrawing. 

Mines states 5% AER in app. 

States 5.00% Gross p.a. / AER.  Not clear what it is, it won't matter for RS, but will make a difference for EA. In any case in current environment 5% is a great EA rate.

Looking forward to mine maturing.

Quirky how opinion on them has changed very quickly!

Bobblehat

simonsmithsays said:

Gatehouse 

Opinion seems to have changed on them quite allegro120 said:

GetRichOrDieSaving said:

allegro120 said:

gt94sss2 said:

Gatehouse have added the interest/profit due to those who opened their RS accounts on 29/11/23.

Not 100% sure what rate is applicable to the easy access accounts. I would be pleasantly surprised if it is 5% as the account suggests in online banking/their app..

I didn't expect this, I thought they will either morph the account into EA at 4.51% (4.6%AER) or transfer the money into my existing EA.  5% EPR is 5.12% AER, but it is still showing as Regular Saver.  If it shows as EA at this rate tomorrow I won't be withdrawing. 

Mines states 5% AER in app. 

States 5.00% Gross p.a. / AER.  Not clear what it is, it won't matter for RS, but will make a difference for EA. In any case in current environment 5% is a great EA rate.

Looking forward to mine maturing.

Quirky how opinion on them has changed very quickly!

My opinion hasn't changed, in fact it's been reinforced ... I still think they have made some very amateurish mistakes!

Bob2000

Re: GATEHOUE 

Is this 5% EA only available  if its morphed  from a mature  RS account  please?

Bob2000

Bridlington1 said:

Principality BS to launch a 6 Month Regular Saver Issue 2 over the coming days.

No further details are known yet but the application link to the account has appeared on their website which implies Issue 1 at 8% shall be replaced within the next week or so.

I only opened the issue 1 today can l apply  for this new one when available?

Bobblehat

Bob2000 ... Another excellent question .... unfortunately I can't answer it as although the account now shows 5% (instead of 7% the RS had), it still says it's a regular saver with no means to transfer money out (online)!

Aidanmc

Bob2000 said:

Re: GATEHOUE 

Is this 5% EA only available  if its morphed  from a mature  RS account  please?

I think that is the case.

They seem to be morphing the regular saver into an easy access @ 5%.

Account number is same as regular saver was apart from first 3 letters are now supposed to be ERG instead of REG, thats what i can make out from their message earlier. Unless they have made a mistake in the message and the ERG is supposed to read REG, wouldnt be surprised at that either.

allegro120

Bob2000 said:

Re: GATEHOUE 

Is this 5% EA only available  if its morphed  from a mature  RS account  please?

It looks like it is some form of maturity offer, we'll se what it shows tomorrow.  If it shows as EA at 5% then it will be exclusive to matured RS accounts. 

Bridlington1

Bob2000 said:

Bridlington1 said:

Principality BS to launch a 6 Month Regular Saver Issue 2 over the coming days.

No further details are known yet but the application link to the account has appeared on their website which implies Issue 1 at 8% shall be replaced within the next week or so.

I only opened the issue 1 today can l apply  for this new one when available?

Whilst I can't say for certain due to the Ts&Cs not being available (most Principality BS customer service staff probably won't know Issue 2 is going to be launched yet), in the past whenever they've launched a new issue of one of their regular savers they've let you have the new issue alongside the old one so I suspect you shall be able to apply for Issue 2 and hold it alongside Issue 1.

Aidanmc

What does other peoples letters from Gatehouse (online banking inbox) say.

The easy access account number begins with ERG?

Bob2000

Aidanmc said:

Bob2000 said:

Re: GATEHOUE 

Is this 5% EA only available  if its morphed  from a mature  RS account  please?

I think that is the case.

They seem to be morphing the regular saver into an easy access @ 5%.

Account number is same as regular saver was apart from first 3 letters are now supposed to be ERG instead of REG, thats what i can make out from their message earlier. Unless they have made a mistake in the message and the ERG is supposed to read REG, wouldnt be surprised at that either.

I thought  l wouldn't  be able to just walk in a grab a piece of 5% cake!:)