Regular Savings Accounts: The Best Currently Available List!

Stargunner

bristolleedsfan said:

Has anyone moved funds out of now matured Gatehouse RS, not able to as shows as no account selected to move money from having used move money tab.

The app allows you to withdraw it, but online banking doesn’t.

wiseonesomeofthetime

Gatehouse RS

In response to previous posts in this thread, my maturity letter states ERG and the 5% rate also.

I have Transfer and Pay In options in the app.

Was going to empty my account, however, as its destination was 4.85% (Cahoot), I shall hold fire atm as this capital was not ringfenced for this month's RS accounts elsewhere, but for Jan/Feb 2025 deposits.

Stargunner

received an email from Monmouthshire BS advising that they are reducing the rate on the below from 13th December.

EXCLUSIVE REGULAR SAVER - ISSUE 2

Old Rate (%) 6.00  New Rate (%)  5.65

Aidanmc

Expotter said:

Aidanmc said:

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

The easy access account number begins with ERG?

I have an easy access account with them and it begins with EAA not ERG.

Yeah i also have an existing easy access beginning wit EAA.

I was referring to the maturing regular saver that is now becoming an easy access.@ 5%

i think they have made a boob with the letter to be honest.

Gers

I've had the Gatehouse letter with a new ERG account, number is the same. My account is still showing as an RS, perhaps it'll change later in the day.

Aidanmc

Gatehouse account now showing EASY ACCESS REGULAR SAVER IS1

Account no beginning ERG

Kim_13

Stargunner said:

received an email from Monmouthshire BS advising that they are reducing the rate on the below from 13th December.

EXCLUSIVE REGULAR SAVER - ISSUE 2

Old Rate (%) 6.00  New Rate (%)  5.65

Very surprised at this from them - the rate being so much lower than the Issue 1 rate seemed to have had several reductions priced in already. With inflation now going the wrong way and another energy price cap rise and Ofcom’s new pounds and pence rises to fuel it further, I can’t see another cut for a while.

If I had more than the minimum in it, I would probably close it.

Also, a full 1% cut to 2.25% on their already low-ish by market standards EA (but that stays with just over £1 in for membership purposes.)

allegro120

Aidanmc said:

Gatehouse account now showing EASY ACCESS REGULAR SAVER IS1

Account no beginning ERG

Mine changed too.  It would be good if they displayed or sent t&c for this account, it's not clear what kind of account this is and what you can and can't do with it.

t1redmonkey

Stargunner said:

received an email from Monmouthshire BS advising that they are reducing the rate on the below from 13th December.

EXCLUSIVE REGULAR SAVER - ISSUE 2

Old Rate (%) 6.00  New Rate (%)  5.65

That is disappointing, especially as it seemed like they'd already done their review of interest rates since they updated this list on 14th November after the rate change and didn't show any change to this one: https://media.monbs.com/savings/withdrawn-variable-rate-accounts/

Ah well!

Stargunner

Kim_13 said:

Stargunner said:

received an email from Monmouthshire BS advising that they are reducing the rate on the below from 13th December.

EXCLUSIVE REGULAR SAVER - ISSUE 2

Old Rate (%) 6.00  New Rate (%)  5.65

Very surprised at this from them - the rate being so much lower than the Issue 1 rate seemed to have had several reductions priced in already. With inflation now going the wrong way and another energy price cap rise and Ofcom’s new pounds and pence rises to fuel it further, I can’t see another cut for a while.

If I had more than the minimum in it, I would probably close it.

Also, a full 1% cut to 2.25% on their already low-ish by market standards EA (but that stays with just over £1 in for membership purposes.)

5.65% is still higher than any EA account so I will still be funding it.