Gatehouse bank

Does everyone trust gatehouse bank for the fixed bonds I have a 3 year bond at 4.89% not sure if I should add to it
 Anyone had a bad experience with them 

Comments

  • Not sure why you wouldn't trust them, they're about as trustworthy as any other bank out there.
  • What is it that makes you question their trustworthiness? I have had several accounts with Gatehouse Bank and currently have some and have found them excellent to deal with.
  • garyelder
    garyelder Posts: 143 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    I read some of the reviews and they were not good at all that was on mortgages but there was no reviews on the bonds
    I want to max out with them 
  • garyelder said:
    I read some of the reviews and they were not good at all that was on mortgages but there was no reviews on the bonds
    I want to max out with them 
    I wouldn't pay too much attention to "reviews" on savings accounts.  If you think about it, all you do with fixed rate bonds is you deposit money, leave it there for X number of years, and then take it out again at the end of the term.  It's not as if you need to interact with the bank themselves during the term of the bond (99% of the time anyway).
  • garyelder
    garyelder Posts: 143 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 3 December 2022 at 5:54PM
    Fair enough 
    premium bond money coming out and going into the 4.89% bond
  • Until I took out 2, 5 year fixed rate deals all my cash was in Gatehouse & Al Rayan.
    Both we’re great.

  • sharpe106
    sharpe106 Posts: 3,558 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    As long as you do not go over the 85,000 threshold does it really matter how good they are? 
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