Gatehousebank

Since its not interest but expected profit what are the guarantees on this? i have not seen this discussed.

Comments

  • there is no guarantee, its 'expected' profit interest, see their t&c, they will give ample notice if they reduce the rate, allowing you to close the account without any penalty..
  • ColdIron
    ColdIron Posts: 9,011 Forumite
    First Anniversary Name Dropper Photogenic First Post
    It has been discussed endlessly, particularly over the last few months. Try the Search function
  • Krakkkers said:
    Since its not interest but expected profit what are the guarantees on this? i have not seen this discussed.

    You asked the same question several times before...one example here:


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