Regular Savings Accounts: The Best Currently Available List!

ernie-money

Gatehouse interest

I hope this question hasn't already been asked- I can't work out how to search within the thread anymore! My Gatehouse RS is just maturing and it had 7% interest/profit, but when I logged on today (maturity day) to double check if I'd put instructions for the maturity funds, it says 5% prfit on the screen. Does anyone know if this is for if the funds remain there, or have they reduced the interest (profit) during the term, without me being aware..?

trickydicky14

ernie-money said:

Gatehouse interest

I hope this question hasn't already been asked- I can't work out how to search within the thread anymore! My Gatehouse RS is just maturing and it had 7% interest/profit, but when I logged on today (maturity day) to double check if I'd put instructions for the maturity funds, it says 5% prfit on the screen. Does anyone know if this is for if the funds remain there, or have they reduced the interest (profit) during the term, without me being aware..?

I think you will find your RS has matured and now you have an easy access account paying 5% which in my books is well worth keeping and you can add to it.

s71hj

ernie-money said:

Gatehouse interest

I hope this question hasn't already been asked- I can't work out how to search within the thread anymore! My Gatehouse RS is just maturing and it had 7% interest/profit, but when I logged on today (maturity day) to double check if I'd put instructions for the maturity funds, it says 5% prfit on the screen. Does anyone know if this is for if the funds remain there, or have they reduced the interest (profit) during the term, without me being aware..?

Same here on the searching the thread point

simonsmithsays

s71hj said:

ernie-money said:

I hope this question hasn't already been asked- I can't work out how to search within the thread anymore! 

Same here on the searching the thread point

This is a definitely more of a problem when a previously fantastic thread is bursting at the seams with posts which are hugely off tangent....

(Of which my post is too).

s71hj

simonsmithsays said:

s71hj said:

ernie-money said:

I hope this question hasn't already been asked- I can't work out how to search within the thread anymore! 

Same here on the searching the thread point

This is a definitely more of a problem when a previously fantastic thread is bursting at the seams with posts which are hugely off tangent....

(Of which my post is too).

It being hard to search the thread means that questions get asked about things which are already covered earlier in the thread which even if they are on tangent contributes to the bursting at the seams

ernie-money

trickydicky14 said:

ernie-money said:

Gatehouse interest

I hope this question hasn't already been asked- I can't work out how to search within the thread anymore! My Gatehouse RS is just maturing and it had 7% interest/profit, but when I logged on today (maturity day) to double check if I'd put instructions for the maturity funds, it says 5% prfit on the screen. Does anyone know if this is for if the funds remain there, or have they reduced the interest (profit) during the term, without me being aware..?

I think you will find your RS has matured and now you have an easy access account paying 5% which in my books is well worth keeping and you can add to it.

Well, the account name still states Regular saver and their easy access account only offers 4.75%. Also, their last message about maturity approaching said that they would email me when the funds were transferred into an instant access account, so I guess I'll have to wait and see...

flaneurs_lobster

ernie-money said:

Well, the account name still states Regular saver and their easy access account only offers 4.75%. Also, their last message about maturity approaching said that they would email me when the funds were transferred into an instant access account, so I guess I'll have to wait and see...

The RS allowed no withdrawals. Try withdrawing £5, just having the facility to withdraw means it's an Easy Access.

You could just look at the T&Cs of this new account.........

chris_the_bee

ernie-money said:

trickydicky14 said:

ernie-money said:

Gatehouse interest

I hope this question hasn't already been asked- I can't work out how to search within the thread anymore! My Gatehouse RS is just maturing and it had 7% interest/profit, but when I logged on today (maturity day) to double check if I'd put instructions for the maturity funds, it says 5% prfit on the screen. Does anyone know if this is for if the funds remain there, or have they reduced the interest (profit) during the term, without me being aware..?

I think you will find your RS has matured and now you have an easy access account paying 5% which in my books is well worth keeping and you can add to it.

Well, the account name still states Regular saver and their easy access account only offers 4.75%. Also, their last message about maturity approaching said that they would email me when the funds were transferred into an instant access account, so I guess I'll have to wait and see...

Gatehouse
The Reg Saver has matured into an Easy Access Regular Saver Account issue 1 paying 5%. The account No. will have changed from REGxxxxxxxXXX to ERGxxxxxxxXXX i.e only the first 3 letters change. Log into your account and look/see.

janusdesign

ernie-money said:

trickydicky14 said:

ernie-money said:

Gatehouse interest

I hope this question hasn't already been asked- I can't work out how to search within the thread anymore! My Gatehouse RS is just maturing and it had 7% interest/profit, but when I logged on today (maturity day) to double check if I'd put instructions for the maturity funds, it says 5% prfit on the screen. Does anyone know if this is for if the funds remain there, or have they reduced the interest (profit) during the term, without me being aware..?

I think you will find your RS has matured and now you have an easy access account paying 5% which in my books is well worth keeping and you can add to it.

Well, the account name still states Regular saver and their easy access account only offers 4.75%. Also, their last message about maturity approaching said that they would email me when the funds were transferred into an instant access account, so I guess I'll have to wait and see...

I think in practice at maturity, they just rename the RS account, change the account number (REG to ERG) and make it Easy Access @ 5% - either that, or they create a new account but copy the old RS transactions across!
summary from previous posts...

• it's an EA account with unlimited withdrawals & deposits.
• 5% AER - can change from annual (default) to monthly interest if you wish.
• 30 days notice for negative interest rate changes.
• AFAIK, we are still waiting for terms & conditions for the account to be published.

Aidanmc

ernie-money said:

trickydicky14 said:

ernie-money said:

Gatehouse interest

I hope this question hasn't already been asked- I can't work out how to search within the thread anymore! My Gatehouse RS is just maturing and it had 7% interest/profit, but when I logged on today (maturity day) to double check if I'd put instructions for the maturity funds, it says 5% prfit on the screen. Does anyone know if this is for if the funds remain there, or have they reduced the interest (profit) during the term, without me being aware..?

I think you will find your RS has matured and now you have an easy access account paying 5% which in my books is well worth keeping and you can add to it.

Well, the account name still states Regular saver and their easy access account only offers 4.75%. Also, their last message about maturity approaching said that they would email me when the funds were transferred into an instant access account, so I guess I'll have to wait and see...

After maturity of Regular saver account name will change to

Easy Access Regular Saver Is 1

Account number will change from REG to ERG

Might take a day after maturity for all this to take place!