Ethical savings accounts. A different way to save
Savvy savers, step this way for fantastic returns on our award winning savings accounts.
Why save with us?
Whatever your savings goal, we've got a product to get you there. Gatehouse Bank savers enjoy competitive rates generated from ethical, socially responsible investments.
Your savings account with us works similar to a conventional savings account, with one important difference – because we’re Shariah-compliant, we don’t offer you interest. Instead, your deposit is invested carefully and we share the profits with you. Profit here is the alternative to the interest you receive with a conventional savings account - so each of our products has an Expected Profit Rate (EPR) instead of an interest rate.
Managing your account online is easy, and can also be done via our Savings App, but if do you need to speak to us our UK customer service centre is ready to help. And of course, all of our savings accounts are FSCS protected. Please note, the savings accounts we offer are subject to withdrawal at any time and without notice.
Want to help support the environment as you grow your savings?
As well as offering competitive returns, our range of Woodland Saver Accounts help you support the environment and mitigate carbon emissions. For every Fixed Term Deposit or Fixed Term Cash ISA account opened or renewed, we will plant a tree in a certified UK woodland project on your behalf. Find out more about our Woodland Saver Accounts here.
Here to help
To help answer all your questions, we have a comprehensive FAQ section. A summary of our ethical, Shariah-compliant savings accounts can be found below along with links to full product details, where you can apply online today. If you need any help please call us on 0345 600 3350 (Mon-Fri, 9am-5pm) or email us at info@gatehousebanksavings.com.
Fixed Term Deposit Accounts
| Account Name | AER* | Minimum Initial Deposit |
Withdrawals | Account Operation |
More Info & Apply Online |
|---|---|---|---|---|---|
|
Account Name
1 Year Fixed Term Woodland Saver
|
AER*
4.30%
|
Minimum Initial Deposit £1000 |
Withdrawals Not permitted |
Account Operation Online |
More Info & Apply Online |
|
Account Name
18 Month Fixed Term Woodland Saver
|
AER*
4.40%
|
Minimum Initial Deposit £1000 |
Withdrawals Not permitted |
Account Operation Online |
More Info & Apply Online |
|
Account Name
2 Year Fixed Term Woodland Saver
|
AER*
4.60%
|
Minimum Initial Deposit £1000 |
Withdrawals Not permitted |
Account Operation Online |
More Info & Apply Online |
|
Account Name
3 Year Fixed Term Woodland Saver
|
AER*
4.75%
|
Minimum Initial Deposit £1000 |
Withdrawals Not permitted |
Account Operation Online |
More Info & Apply Online |
|
Account Name
4 Year Fixed Term Woodland Saver
|
AER*
4.80%
|
Minimum Initial Deposit £1000 |
Withdrawals Not permitted |
Account Operation Online |
More Info & Apply Online |
|
Account Name
5 Year Fixed Term Woodland Saver
|
AER*
4.85%
|
Minimum Initial Deposit £1000 |
Withdrawals Not permitted |
Account Operation Online |
More Info & Apply Online |
Notice Accounts
| Account Name | AER* | Minimum Initial Deposit |
Withdrawals | Account Operation |
More Info & Apply Online |
|---|---|---|---|---|---|
|
Account Name
95 Day Notice Account
|
AER*
2.90%
|
Minimum Initial Deposit £500 |
Withdrawals Allowed, subject to 95 days' notice |
Account Operation Online |
More Info & Apply Online |
|
Account Name
120 Day Notice Account
|
AER*
3.00%
|
Minimum Initial Deposit £500 |
Withdrawals Allowed, subject to 120 days' notice |
Account Operation Online |
More Info & Apply Online |
Cash ISAs
| Account Name | AER* | Minimum Initial Deposit |
Withdrawals | Account Operation |
More Info & Apply Online |
|---|---|---|---|---|---|
|
Account Name
Easy Access Cash ISA
|
AER*
1.75%
|
Minimum Initial Deposit £1 |
Withdrawals Unlimited withdrawals permitted |
Account Operation Online |
More Info & Apply Online |
|
Account Name
1 Year Fixed Term Woodland Cash ISA
|
AER*
3.70%
|
Minimum Initial Deposit £1000 |
Withdrawals Allowed (subject to reduction of 90 days' profit) |
Account Operation Online |
More Info & Apply Online |
|
Account Name
18 Month Fixed Term Woodland Cash ISA
|
AER*
3.75%
|
Minimum Initial Deposit £1000 |
Withdrawals Allowed (subject to reduction of 135 days' profit) |
Account Operation Online |
More Info & Apply Online |
|
Account Name
2 Year Fixed Term Woodland Cash ISA
|
AER*
4.00%
|
Minimum Initial Deposit £1000 |
Withdrawals Allowed (subject to reduction of 180 days' profit) |
Account Operation Online |
More Info & Apply Online |
|
Account Name
3 Year Fixed Term Woodland Cash ISA
|
AER*
4.20%
|
Minimum Initial Deposit £1000 |
Withdrawals Allowed (subject to reduction of 270 days' profit) |
Account Operation Online |
More Info & Apply Online |
|
Account Name
4 Year Fixed Term Woodland Cash ISA
|
AER*
4.20%
|
Minimum Initial Deposit £1000 |
Withdrawals Allowed (subject to reduction of 360 days' profit) |
Account Operation Online |
More Info & Apply Online |
|
Account Name
5 Year Fixed Term Woodland Cash ISA
|
AER*
4.20%
|
Minimum Initial Deposit £1000 |
Withdrawals Allowed (subject to reduction of 365 days' profit) |
Account Operation Online |
More Info & Apply Online |
We are delighted to have been named as the 'Best Ethical Savings Provider' at the 2022 Moneynet.co.uk personal finance awards for the third year in a row! Find out more about our ethical, Shariah-compliant savings accounts.
At the 2022 Moneyfacts Awards, we won 'Best Fixed Account Provider'! View our full range of award-winning saving accounts here.
A balanced approach to banking
From financing your home to looking after your savings, we're proud to take a balanced, Shariah-compliant approach. But what does that mean?
Keeping your money safe
Your eligible deposits with Gatehouse Bank are currently protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit protection scheme.
The FSCS can pay compensation to depositors if a bank is unable to meet its financial obligations. Most depositors - including most individuals and small businesses - are covered by the scheme.
In respect of deposits, an eligible depositor is currently entitled to claim up to £85,000. For joint accounts each account holder can currently claim up to £85,000 - so, for a joint account held by two eligible depositors, the current maximum amount that could be claimed would be a total of £170,000. The current £85,000 limit relates to the combined amount in all the eligible depositor's accounts with the bank, including their share of any joint account, and not to each separate account. Any deposits you hold above the current £85,000 limit are not covered.
For further information about the compensation provided by the FSCS (including the amounts covered and eligibility to claim) please call us on 0345 600 3350, refer to the FSCS website or call the FSCS on 0800 678 1100.
Please note only compensation related queries should be directed to the FSCS.
Please visit www.fscs.org.uk for further information.