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  • Bobblehat
    Bobblehat Posts: 837 Forumite
    Eighth Anniversary 500 Posts I've been Money Tipped! Name Dropper
    edited 25 February at 10:38AM
    Gatehouse Bank email - rate reduction on the EA RS ISS 2

    I thought I had already had this notice, was that for the EA?
    I think I asked the same question when it was reported here a short while ago. It turned out it was the original EA, not the converted RS account. So now we have both reduced!

    EDIT: SJMALBA reported the converted RS EA (ERG) rate drop on 17th Feb. So you (we) have seen it before!
  • S_uk
    S_uk Posts: 348 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Can anyone with a Kent Reliance easy access account please tell me - if you've paid into the account recently did you  get a confirmation text the next morning? I remember quite some time ago the last time I used them they used to do this, but I paid into my account yesterday but didn't receive any text (although the money did show in the account yesterday evening which is quicker than I used to experience as it used to show the next morning). Maybe they have changed their process since the last time I used them.
  • janusd
    janusd Posts: 1,066 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Bobblehat said:
    Gatehouse Bank email - rate reduction on the EA RS ISS 2

    I thought I had already had this notice, was that for the EA?
    I think I asked the same question when it was reported here a short while ago. It turned out it was the original EA, not the converted RS account. So now we have both reduced!

    EDIT: SJMALBA reported the converted RS EA (ERG) rate drop on 17th Feb. So you (we) have seen it before!
    interesting that with the EA account we got a full month's notice, whereas with the EA RS2, it's just 2 days notice - though as you say, we were given unofficial notice that the change was coming by a previous post.
  • flaneurs_lobster
    flaneurs_lobster Posts: 6,941 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    interesting that with the EA account we got a full month's notice, whereas with the EA RS2, it's just 2 days notice - though as you say, we were given unofficial notice that the change was coming by a previous post.
    Month and 2 days, change is on 27 March.
  • chris_the_bee
    chris_the_bee Posts: 441 Forumite
    Third Anniversary 100 Posts Name Dropper
    Bobblehat said:
    Gatehouse Bank email - rate reduction on the EA RS ISS 2

    I thought I had already had this notice, was that for the EA?
    I think I asked the same question when it was reported here a short while ago. It turned out it was the original EA, not the converted RS account. So now we have both reduced!

    EDIT: SJMALBA reported the converted RS EA (ERG) rate drop on 17th Feb. So you (we) have seen it before!
    interesting that with the EA account we got a full month's notice, whereas with the EA RS2, it's just 2 days notice - though as you say, we were given unofficial notice that the change was coming by a previous post.
    Gatehouse
    EA RS2 changes on 27th MARCH 2025
  • janusd
    janusd Posts: 1,066 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I stand doubly corrected! B)
  • Investec Online Flexi Saver


  • dgpur
    dgpur Posts: 207 Forumite
    100 Posts Second Anniversary Name Dropper
    Gatehouse Bank email - rate reduction on the EA RS ISS 2

    I thought I had already had this notice, was that for the EA?
    This is confusing. I’ve got my email today. I thought I was getting 4.75%, but the email says it’s 4.65% going down to 4.27%. Checking I found that my account is paying 4.65% right now. Exact same converted account.
  • Bobblehat
    Bobblehat Posts: 837 Forumite
    Eighth Anniversary 500 Posts I've been Money Tipped! Name Dropper
    edited 25 February at 3:24PM
    dgpur said:
    Gatehouse Bank email - rate reduction on the EA RS ISS 2

    I thought I had already had this notice, was that for the EA?
    This is confusing. I’ve got my email today. I thought I was getting 4.75%, but the email says it’s 4.65% going down to 4.27%. Checking I found that my account is paying 4.65% right now. Exact same converted account.
    You're getting the Monthly interest EP rate!
  • janusd
    janusd Posts: 1,066 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    dgpur said:
    Gatehouse Bank email - rate reduction on the EA RS ISS 2

    I thought I had already had this notice, was that for the EA?
    This is confusing. I’ve got my email today. I thought I was getting 4.75%, but the email says it’s 4.65% going down to 4.27%. Checking I found that my account is paying 4.65% right now. Exact same converted account.
    it's 4.75% AER going down to 4.35% AER - I assume @flaneurs_lobster is getting their interest annually; if you get it monthly (as I do), then it shows the gross rate, e.g 4.65% to 4.27% in the email... you can change whether you want interest paid monthly or annually in the account details.
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