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Gatehouse EA Interest

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  • Yorkshire_Pud
    Yorkshire_Pud Posts: 1,965 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 18 January at 12:45AM
    Thank you for all your suggestions. I have contacted Gatehouse and it is as Bobblehat said.
    They have said  that if profit payments are under £1.00 they would not make a payment
    Gatehouse do still credit and add up the profit, you don’t lose it, they just don’t credit/show it until you accumulate enough profit to reach the £1 profit. They also pay it even if less than £1 if you close or amalgamate with another GH account. I did this and received my 49p profit when I amalgamated an old account.
  • Bobblehat
    Bobblehat Posts: 746 Forumite
    Seventh Anniversary 500 Posts I've been Money Tipped! Name Dropper
    Thank you for all your suggestions. I have contacted Gatehouse and it is as Bobblehat said.
    They have said  that if profit payments are under £1.00 they would not make a payment
    Gatehouse do still credit and add up the profit, you don’t lose it, they just don’t credit/show it until you accumulate enough profit to reach the £1 profit. They also pay it even if less than £1 if you close or amalgamate with another GH account. I did this and received my 49p profit when I amalgamated an old account.
    I look forward to 20 years on when my £1 profit gets paid  :wink:
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