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Moneyfarm and new investor cashback (TCB) - am I being greedy?
Last year I consolidated my various employer pensions into a SIPP with Interactive Investor. It went smoothly, so I am now looking to consolidate the one remaining employer pension too. Whilst looking on Topcashback, I saw that Moneyfarm is offering some good cashback rates for new customers transferring into a SIPP. I was…
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What to do - ISA v's Saving Account
Where is it best to put your money - ISA or Savings approx 40k - don't need access - would like the best return Thoughts please
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How to claim old premium savings bomds
I have two old premium £1 savings bonds in my late mother’s name and wanted to know how they can be checked and possibly claimed. Thank you for any advice
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First Direct Saver - Misunderstanding percentage return
Hi, First apologies that this is a simple question which probably shouldn't need asking! I am about to open the First Direct regular saver account which has 7% interest, but I am confused by simple difference between figures I'm getting. Advertised rate is 7% but they say if £3,600 deposited over 12 months then new total…
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Claiming loss relief on EIS investment
Can anyone help, I’m a bit confused. I invested £2k in a small company in 2018 and that investment was eligible for tax relief under EIS though I wasn’t aware at the time so I didn’t make a claim. Now, the company has confirmed it is winding up and the shares are worthless and advised I can claim loss relief. I think I…
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Santander Edge saver - keeping balance at £4000 / interest?
I'm considering converting our long held Santander Lite joint account to an Edge so that myself and my husband can both open a 7% edge saver. We would both put the full £4000 in immediately and I can see that interest is paid monthly but also that balances over £4000 get zero interest. Does that mean you have to move the…
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Selling shares held by Equiniti Shareview and a Nominee Service
Following my husband's death I now own shares in Santander held in their Nominee Service via Equiniti and M&S and Astra Zenica shares held in Equiniti Shareview. Am I able to sell these shares through x-o.co.uk as they provide a more economical service or am I stuck with Equiniti who I found to be quite tricky to deal with…
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Premium Bonds
What happens if you have the max invested and you get a win. I have mine set to reinvest winnings. Do they get reinvested or paid out. Thanks
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Lose 20K on trading 212 on one trade
Sorry this is a bit long , but I really appreciate if any one could help me on this one . I went in for a short trade on trading 212 on my investment account a few days ago . Saw a huge volume go in to Clover health stock . Hoping taking a profit with the run . 1:33pm , I bought in £40k around $18.50 .Set a stop loss at…
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Shawbrook new customer - can you log in immediately?
Hi all. I am thinking about setting up a Shawbrook account. Do they let you set up your online banking details straightaway (so you can transfer money straightaway and then log in to check that it's there), or do you have to wait for some credentials to arrive through the post?
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Charity savings account
Hi, I'm the Treasurer for my local scout troop, 30th Glasgow Scout Group. We are raising money for a minibus and we have managed to raise just over £10k so far. We still have another £10k to raise but in the meantime I want to put this money in a high interest account to earn some interest. The money is currently in our…
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When a bank does not support name checking
After looking on this site I decided to open a Tesco Fixed Rate savings account. Went through all the online forms and was given a sort code & account number. Went to my bank to set up a payment, message appeared that the destination bank (Tesco) does not support name check. If I send money it is at my risk. Contacted…
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Best way to save long term?
Im looking for advice on what would be the best way to save some money for the future. Ive been listening to podcasts and reading information on the issue and came to 3 options. A fixed ISA where i can put a large sum in up front and safely be locked away from it for 5 years (or so) and then reassess. (i cant over pay my…
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FSCS cover on "contractual" interest on fixed term accounts
Does FSCS cover the contractual interest over the entire term of a fixed rate account, if for example a bank offering the account goes under part way through the fixed rate term? Just wondering if it's worth setting the initial principal accordingly to allow headroom for the full interest income covering the entire fixed…
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Interactive investor
Hi I have recently moved to ii from HL, as my pot size meant that moving will save me £ in fees. I have both SIPP in S&S ISA with them, so am on the £19.99 monthly charge. However, I have not paid any yet as I had 6 months free. Is that the reason I don't have any trading credits yet? You are supposed to get 2 free trades…
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Savings advise please
Hi. I've been left £40k from a relative's will and I want to put into an account locked for 1yr. Looking at what's on offer with isas etc I want to be looking at over 5% interest on that. What's the best option for my money? Would getting an isa with my bank at 5.30% for the first £20k which is tax free and then put the…
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List of Savings Accounts
Hi all, I need a couple of savings accounts (easy access ISA and easy access savings), but can't afford any hard credit checks as me and my OH are planning to buy a house some time in the next year. Do any savings accounts do hard credit checks and is there a list somewhere that says if they do or not? I've searched and…
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Buying GILTS and holding to maturity in an ISA with Interactive Investor
I haven't held GILTS directly previously and have invested in Bond funds. Now looking for some short-term certainty on return on some of my holdings in an ISA with II and want to check my thinking is correct. From reviewing data at Tradeweb it looks like the GILT below has a ~5.2% yield if I hold to maturity on 7th…
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Plum Savings Account (4.21%) Easy Access Savings
I recently discovered the Easy Access Savings account with Plum at 4.21% (with a premium subscription). I currently have all my savings in a Santander eSaver at 1.97%. I was considering moving a large majority of my savings to take advantage of the 4.21% but It makes me feel a bit apprehensive (probably due to it being not…