The Top Fixed Interest Savings Discussion Area

CheekyMikey

If I open a Gatehouse fixed term bond and state my opening deposit is £1k, when I come to send the deposit does it have to be £1k or could I send more? If I opened with £1k can I then add more funds once it has gone through ok? Thanks

Patr100

CheekyMikey said:

If I open a Gatehouse fixed term bond and state my opening deposit is £1k, when I come to send the deposit does it have to be £1k or could I send more? If I opened with £1k can I then add more funds once it has gone through ok? Thanks

Don't think it matters as long  as you have enough time to send the full amount you intended in parts.
Unlikely, but the worse is that it could bounce back. If they query it just say you changed your mind about the initial amount. 

SJMALBA

CheekyMikey said:

If I open a Gatehouse fixed term bond and state my opening deposit is £1k, when I come to send the deposit does it have to be £1k or could I send more? If I opened with £1k can I then add more funds once it has gone through ok? Thanks

I sent a £1 test, which was, as expected, rejected (they send a 'rejected deposit' email, so confirming the details are correct); I then sent more than the amount indicated on my application, without any problem.

CooperSF

bristolleedsfan said:

pedrodelgado said:

UTB 5 yr is 5.05 not 5.0 as it says on mse. Opened one yesterday will hold off funding it though, got the 5.05 locked in, have 14 days to fund or it gets closed.

Gatehouse Bank 5.10% - 5 year

Am I allowed to deposit at any stage over the 5 years, or am I limited to a 30-day window to deposit?

Steve_xx

CooperSF said:

bristolleedsfan said:

pedrodelgado said:

UTB 5 yr is 5.05 not 5.0 as it says on mse. Opened one yesterday will hold off funding it though, got the 5.05 locked in, have 14 days to fund or it gets closed.

Gatehouse Bank 5.10% - 5 year

Am I allowed to deposit at any stage over the 5 years, or am I limited to a 30-day window to deposit?

That will be the latter I'm afraid. 

CooperSF

Steve_xx said:

CooperSF said:

bristolleedsfan said:

pedrodelgado said:

UTB 5 yr is 5.05 not 5.0 as it says on mse. Opened one yesterday will hold off funding it though, got the 5.05 locked in, have 14 days to fund or it gets closed.

Gatehouse Bank 5.10% - 5 year

Am I allowed to deposit at any stage over the 5 years, or am I limited to a 30-day window to deposit?

That will be the latter I'm afraid. 

Thank you for the clarification.

ranciduk

TSB have upped their fixed bonds already 

i fancy the 3 year at 4.88% 

Band7

ranciduk said:

TSB have upped their fixed bonds already 

i fancy the 3 year at 4.88% 

You get 5% at Gatehouse and Vanquis, 4.9% at Tandem / Close Brothers / UTB.  I'd hang on for a few more days but go for it if you feel you should strike now.

ranciduk

I already have cash with TSB and so I’d rather stick with them for the sake of a extra small amount of interest 

alternate

If it were easy access I would agree, but for a 5 year fix, that extra 0.1% might be worth the hassle.