The New Top Easy Access Savings Discussion Area

dgpur

Bobblehat said:

dgpur said:

allegro120 said:

Bobblehat said:

flaneurs_lobster said:

qsk said:

My Gatehouse house regular saver matures into an "Easy Access Regular Saver Is1" with 5%. I couldn't find TC for it. Anyone know if it's Easy Access (without monthly limit) or Regular Saver (with  monthlylimit)? The name has both

Nobody knows! Most people have assumed that it's an Easy Access with the same T&C's as their existing EA account but with a higher Expected Profit Rate. 

My comments are not quite an assumption .... but admit that verbals from Gatehouse CS are a poor substitute for written/published real T&C's 

Good enough if you combine verbals from CS with reports on here. Withdrawals and deposits have been tested, works like a normal EA account. I think the name “EARS” is very misleading, they should have thought of a better title. RS associates with monthly limits for deposits, I’ve never heard of RS that allows unlimited deposits. 

What I would still like to know is if the interest comes monthly or annually. There’s a choice for their standard EA account, but no way off checking or changing for this one.

It's initially set up as Annual, but you can change it to Monthly. You can also change where the EP is paid.

This is using online banking (no idea for apps!) ....

Go to "Account Options" under the account in question. Click "Account Details". At the end on the line with "Profit Instructions there should be an "Amend button". Click it and choose your options!

The above is for my ERG account online ..... if it doesn't show for you, you'll have to get in touch with them!

Thank you! That’s been very helpful.

where_are_we

To be clear - the Gatehouse ERG @5% EPR easy access account was only available as a maturity product when their 7% RS matured at the end of last month. Their easy access account @4.6 EPR is available to everyone.

BestSeagull

allegro120 said:

Bobblehat said:

flaneurs_lobster said:

qsk said:

My Gatehouse house regular saver matures into an "Easy Access Regular Saver Is1" with 5%. I couldn't find TC for it. Anyone know if it's Easy Access (without monthly limit) or Regular Saver (with  monthlylimit)? The name has both

Nobody knows! Most people have assumed that it's an Easy Access with the same T&C's as their existing EA account but with a higher Expected Profit Rate. 

My comments are not quite an assumption .... but admit that verbals from Gatehouse CS are a poor substitute for written/published real T&C's 

Good enough if you combine verbals from CS with reports on here. Withdrawals and deposits have been tested, works like a normal EA account. I think the name “EARS” is very misleading, they should have thought of a better title. RS associates with monthly limits for deposits, I’ve never heard of RS that allows unlimited deposits. 

At 5% for EA I don't care what they call it!  

Bridlington1

Just a reminder the Skipton interest rate cuts come into effect today. These include the following NLA accounts:

FA Bonus Saver from 4.95% to 4.7%
Member Bonus Saver from 5.25% to 5%

Additionally the YBS Online Rainy Day Account Issue 2 reduces from 4.8% to 4.55% tomorrow.

Bridlington1

@soulsaver
Chase boosted saver 4.75%

https://www.chase.co.uk/gb/en/saver-boosted/

janusdesign

Bridlington1 said:

@soulsaver
Chase boosted saver 4.75%

https://www.chase.co.uk/gb/en/saver-boosted/

looks to be for new customers only.

refluxer

janusdesign said:

Bridlington1 said:

@soulsaver
Chase boosted saver 4.75%

https://www.chase.co.uk/gb/en/saver-boosted/

looks to be for new customers only.

Yes, which means the trick people with an existing Boosted Saver used last time of closing the account and immediately reapplying (in order to extend the boosted period) won't work this time.

"Available to new customers joining from 09.12.24 for your first 31 days. 1 boosted saver account per customer."

flaneurs_lobster

janusdesign said:

Bridlington1 said:

@soulsaver
Chase boosted saver 4.75%

https://www.chase.co.uk/gb/en/saver-boosted/

looks to be for new customers only.

Looks that way, added new saver account but doesn't add bonus.

jak22

It's always possible they'll introduce something for existing customers some time after the current boost expires in a little over a month now - as many might not wish to keep a significant balance without it (even the current boosted rate can be bettered) or bother with transferring in £1500 a month just for 1% cashback. The newer boost is only for 6 months by the way,

Bridlington1

@soulsaver
West Brom BS Four Access Saver (Issue 2) 4.65% £1 min