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    • EachPenny
    • By EachPenny 22nd Sep 17, 12:28 AM
    • 2,469 Posts
    • 4,108 Thanks
    EachPenny
    The regular saver access is useful, and I've just complete the cashback offer on the debit card which was an easy £30.

    I wouldn't have it as a main account but it's fine as an additional.
    Originally posted by bigadaj
    I agree, I find the website 'clunky' and unresponsive, but representative of the bank as a whole. I also dislike their selective approach towards new customers, but I wouldn't let my principles get in the way of making a little money out of them

    Without the regular saver though it would be my next current account to be switched or closed.
    "In the future, everyone will be rich for 15 minutes"
    • Holly_24
    • By Holly_24 4th Oct 17, 9:54 AM
    • 3 Posts
    • 0 Thanks
    Holly_24
    I currently have a current account and cash ISA (believe £20,000) however the interest is poor and I'm looking to put into a higher current account. My question is would I transfer my isa into my current account and do a switch or do I need to do this a different way? I also want to set up a Help to Buy once I get my head around my current account. Any help would be appreciated, thanks
    • Holly_24
    • By Holly_24 4th Oct 17, 9:55 AM
    • 3 Posts
    • 0 Thanks
    Holly_24
    Sorry I mean 'below £20,000'!
    • soulsaver
    • By soulsaver 4th Oct 17, 12:05 PM
    • 1,377 Posts
    • 466 Thanks
    soulsaver
    The regular saver access is useful, and I've just complete the cashback offer on the debit card which was an easy £30.
    Originally posted by bigadaj
    Did you get the duplicitous 'simply keep using your card..' email that tried to get you to misunderstand that the offer continued?
    There are 24 bottles of beer in a crate. There are 24 hours in a day. Coincidence? I think not....
    • badger09
    • By badger09 4th Oct 17, 12:12 PM
    • 5,173 Posts
    • 4,372 Thanks
    badger09
    I currently have a current account and cash ISA (believe £20,000) however the interest is poor and I'm looking to put into a higher current account. My question is would I transfer my isa into my current account and do a switch or do I need to do this a different way? I also want to set up a Help to Buy once I get my head around my current account. Any help would be appreciated, thanks
    Originally posted by Holly_24
    Sorry I mean 'below £20,000'!
    Originally posted by Holly_24
    Its not entirely clear what you're trying to do but...

    Your cash ISA and your current account are entirely separate issues. If you want to switch your current account, my advice would be to make sure your existing current account meets all the requirements for your switch bonus, if there is one, such as the number of DDs etc.

    Then, open your new current account and arrange for the switch to go ahead. Once you're happy that the new account is fully functioning, then move your cash ISA savings into it or wherever else is paying the best interest.

    It is always recommended you have at least 2 current accounts, with different banks, just in case there is ever an issue with systems failing, cards being declined etc.

    If you give some more details, such as existing current account, proposed new current account, amount in ISA etc, we can help.
    • murphydavid
    • By murphydavid 4th Oct 17, 12:24 PM
    • 564 Posts
    • 129 Thanks
    murphydavid
    I currently have a current account and cash ISA (believe £20,000) however the interest is poor and I'm looking to put into a higher current account. My question is would I transfer my isa into my current account and do a switch or do I need to do this a different way? I also want to set up a Help to Buy once I get my head around my current account. Any help would be appreciated, thanks
    Originally posted by Holly_24
    If you want to retain money from a previous years ISA you need to do a direct transfer. The bank you are transfering to does it, check their proceedure. This will allow you to retain your allowance for this year to pay into a help to buy ISA.
    For the existing money with the new tax laws ? (relatively new). You might want to check if an ISA is your best option. With £20000 a santander 123 current account might pay more interest if you qualify to transfer your current account to them.
    See paragraph 2 here https://www.moneysavingexpert.com/savings/best-cash-isa
    • Scarlett
    • By Scarlett 4th Oct 17, 1:14 PM
    • 288 Posts
    • 582 Thanks
    Scarlett
    Bank processing times
    Do all UK banks have horrendously slow transaction processing times? I find that I often have to wait a few days for a debit card transaction to show up on my account, and my balance and my available funds are completely different figures. This is in complete contrast with my New Zealand accounts, where transactions are processed instantaneously.

    Is there a UK bank which operates differently? Or am I better off trying to manage my finances through something like Monzo?
    • Holly_24
    • By Holly_24 4th Oct 17, 1:59 PM
    • 3 Posts
    • 0 Thanks
    Holly_24
    I've just been wondering if a cash isa is worth it anymore. Have a current account with Halifax and cash isa with them too with just over £6,000.
    Is it worth combining the amounts to a higher interest current account and then have a help to buy isa?
    • badger09
    • By badger09 4th Oct 17, 2:43 PM
    • 5,173 Posts
    • 4,372 Thanks
    badger09
    I've just been wondering if a cash isa is worth it anymore. Have a current account with Halifax and cash isa with them too with just over £6,000.
    Is it worth combining the amounts to a higher interest current account and then have a help to buy isa?
    Originally posted by Holly_24
    Have you read this?

    If not, I suggest you do

    https://www.moneysavingexpert.com/savings/which-saving-account
    • murphydavid
    • By murphydavid 4th Oct 17, 4:48 PM
    • 564 Posts
    • 129 Thanks
    murphydavid
    I've just been wondering if a cash isa is worth it anymore. Have a current account with Halifax and cash isa with them too with just over £6,000.
    Is it worth combining the amounts to a higher interest current account and then have a help to buy isa?
    Originally posted by Holly_24
    If you qualify for a help to buy (ie you intend to buy a house and its your first one) and you are saving for a deposie that you won't raid to buy something else then I think its the only place you will get that sort of low risk return. Although due to the way the capital is built up slowly and the governments hand out being a one off at the end of the investment its not quite as enticing as it might first appear. Its so easy to be enticed by the %ages (25% wow) but you need to calculate how much actual money you will get and how much of your time it takes. As for the lump sum that is waiting to be paid in you will have to do the maths. If its 6000 (not 20000) and you open the isa with max deposit I think you are talking in range of £40 a year or less on the remaining lump sum so it could be worth going for some free cash for transfering to another current account if you can qualify.
    • Eco Miser
    • By Eco Miser 5th Oct 17, 3:07 PM
    • 3,090 Posts
    • 2,853 Thanks
    Eco Miser
    it's worth noting that here is the list of stuff you need to remember
    <Snip>
    am I unreasonable for wanting things to be simpler? I get that it needs to be secure but 12 different things? really?
    Originally posted by grintricha
    Write those 12 things on a piece of paper, along with other random things, so it doesn't look like a bank's security details, then put the paper in a secure place (not a sticky note on your monitor), for when you need to phone or use the app.
    Alternatively get a secure password manager program, and store those details there, protected by a master password that you can remember.
    Eco Miser
    Saving money for well over half a century
    • murphydavid
    • By murphydavid 5th Oct 17, 11:01 PM
    • 564 Posts
    • 129 Thanks
    murphydavid
    Password safe
    Free password safe
    https://keepass.info
    • bigadaj
    • By bigadaj 6th Oct 17, 3:12 PM
    • 10,329 Posts
    • 6,626 Thanks
    bigadaj
    Did you get the duplicitous 'simply keep using your card..' email that tried to get you to misunderstand that the offer continued?
    Originally posted by soulsaver
    Yes, seemed a bit disingenuous.

    Also the fact they credited each cashback individually was quite annoying, on an account with minimal transactions it took a lot more effort to scroll down through the numerous pennies credit to then ad the purchases together and work out how much I'd spent and needed to spend.

    I'm currently in holiday but on returning I'll have lost the TSB 5% debit card as well as this offer, slim pickings for debit and credit card cashback currently.

    Probably apply for another Amex cashback before Crimbo as I close the old account at Easter and believe they'll offer a new deal after six months.
    • Neo08
    • By Neo08 6th Oct 17, 6:47 PM
    • 60 Posts
    • 42 Thanks
    Neo08
    First Direct New Customer
    Just clicked the link for the First Direct Current Account on the Best Bank Accounts page, and notice that the landing page states that there is a £100 switching bonus, not the £125 mentioned on MSE

    Does anybody know if I was to apply, I would get the £125 (not £100)?

    I'm jut wondering it the offer of the extra £25 has been pulled

    Thanks!
    • YorkshireBoy
    • By YorkshireBoy 6th Oct 17, 6:49 PM
    • 29,447 Posts
    • 17,230 Thanks
    YorkshireBoy
    Just clicked the link for the First Direct Current Account on the Best Bank Accounts page, and notice that the landing page states that there is a £100 switching bonus, not the £125 mentioned on MSE

    Does anybody know if I was to apply, I would get the £125 (not £100)?

    I'm jut wondering it the offer of the extra £25 has been pulled

    Thanks!
    Originally posted by Neo08
    It shows £125 for me. Did you click the one with the asterisk? If yes, then maybe try deleting cookies and click again?
    • Neo08
    • By Neo08 6th Oct 17, 6:59 PM
    • 60 Posts
    • 42 Thanks
    Neo08
    It shows £125 for me. Did you click the one with the asterisk? If yes, then maybe try deleting cookies and click again?
    Originally posted by YorkshireBoy
    Yeah clicked the link with the asterisk. Cleared cookies and also tried IE, Firefox and Chrome, all say £100 when clicking. v strange
    • YorkshireBoy
    • By YorkshireBoy 6th Oct 17, 7:02 PM
    • 29,447 Posts
    • 17,230 Thanks
    YorkshireBoy
    Yeah clicked the link with the asterisk. Cleared cookies and also tried IE, Firefox and Chrome, all say £100 when clicking. v strange
    Originally posted by Neo08
    Try the link at www.moneysupermarket.com.
    • Neo08
    • By Neo08 6th Oct 17, 7:12 PM
    • 60 Posts
    • 42 Thanks
    Neo08
    Try the link at www.moneysupermarket.com.
    Originally posted by YorkshireBoy
    Was just about to give up and then had a light bulb moment

    Kaspersky data collection was blocking it. Disabled it and bingo!

    Thanks YorkshireBoy (great county BTW lol)
    • Beartricks
    • By Beartricks 7th Oct 17, 8:47 PM
    • 166 Posts
    • 145 Thanks
    Beartricks
    I was wondering if this is a good idea or if I'm barking up the wrong tree.

    I'm ready to start saving to buy a house. At the moment I just have a current account that I don't get a lot of benefits from. I was thinking of organising my money between three accounts.

    1: The TSB current account that offers £10 a month or an account that offers a cash bonus to switch. I'll keep enough for monthly expenses in this one. I don't think I'll be paying out enough for the Santander one to be worth it.

    2: A high interest account. Probably the Nationwide one. I'll transfer most of my pay cheque to this one each month.

    3: A help to buy ISA. I'll pay in the max amount each month, with any luck.

    My hope was that I'll be saving as much as possible in the Help to Buy, but because there's a set limit as to what I can put in there I'll be saving the rest of my deposit alongside it in the high interest account, then using the current account to pay for my shopping, bills and take advantage of any free money.

    Does this sound like a decent strategy or am I missing something?
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