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Birmingham & midshires 1 year bond warning
It has taken 2 weeks since I sent the cheque to them to set it up so thats 2 weeks loss of interest. Also on reading the customer service guide it states if you decide to transfer your funds directly to another bank/building society after the 1 year is complete they charge a £35 fee. Or you can have a cheque by post which…
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Saga 1 year bond 6.76% - a question
I've recently applied for Saga 1 year bond. Unusually (I must be going senile) I made mistake of not opening with intial £1 then transferring funds when account had been set up. Now I've money sitting in a non-interest current account waiting for cheque to be cleared. Anyone any experience as to how long it takes for…
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Alliance and Leicetsre Savings Accounts
I've got a Premier Direct Account with A+L and a Plus Saver account as well. I'd like to get an esaver, as well as keeping the Plus Saver (to mitigate the loss of a month of interest clause). Is this possible? Is it also possible to have a Plus Saver AND ESaver AND Direct Saver at the same time, just out of curiosity!…
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Bradford & Bingley
At the suggestion of MSE, we applied for an eSavings account with Bradford & Bingley early in April. A day or so later (11th April), we received an email confirming our application. Direct Debit forms arrived later in the month. Last week, we chased them by phone, and were told our application had just been processed and a…
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Best home for £200k
I have £200k from sale of a property and a £200k mortgage with Woolwich. The mortgage is a tracker at 0.39% over base with no penalties for early repayment other than a £275 exit fee. My wife and I are both higher rate taxpayers but intend to retire in under two years and live off our ISAs for 3 or 4 years so will become…
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New Egg Account offer
http://new.egg.com/visitor/0,,3_11095--View_162,00.html It seems to be an ING-like offer: limited offer - fixed rate for 12 months 6.05% - can be operated just like their standard savings account (I think!) - open with £1, put more in as available - cant' use 'existing funds' (from another Egg account) I can't see an…
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Savings account - monthly interest?
I currently do most of my spending on a 0% credit card, putting an equivalent amount in my savings account in order to accrue interest and pay the card off once the 0% period ends in January. However, my Smile savings account only pays interest once a year, in April, which is not much good as obviously I'll have withdrawn…
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Section 352 Certs
Are the banks/building societies a bit slow sending them out for 07/08? I know already what I've earned etc. but I always like them for completeness for my SA records. I'm fairly sure I received them all before the end of April last year. Just asking, more out of curiosity than anything else :beer:
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is it a 12 or 13 month bond??
Hi, im hoping for some advice, Im in my first attempts of reviewing my finances, assisted by MSE!! Opened a fixed rate 12 month bond at A&L at the weekend, (the assistant said she would hold onto the cheque and process it on tuesday-6th may, as the intrest rate was due to increase slightly, so gave her my cheque for 4K.) I…
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Where to put £80k
Hi, I am selling my current house and will be making a nice £80k profit. This money needs to be kept safe with no risk until Nov when our new build is expected to be built (although this is an estimate could be sooner or later than Nov) I was hoping I could get some ideas as to where I can put the cash to get a decent…
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Investment Advice
Hi, I am not presently in employment but recently inherited a large sum of money £800K. If I just keep it in a high interest rate account e.g. Bradford and Bingley e-saver acc. paying 6% gross as it is at the moment for this tax year I'll have to pay higher rate tax and fill out a tax return every year (which I don't…
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A&L isa
Hi, Received a letter from the A&L to inform me that my isa was invalid as they had received an incorrect/incomplete application form or no form at all. And that my isa was not earning any interest as a result. I sat and completed it at the branch and it was checked ! So i went to the branch and they told me to ignore the…
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Is an ISA always better than savings account?
Just wondering. I am a tax payer and want to put some money away. I know ISAs are usually the better payout c.6% ish, but is this better than saving in a savings account (eg one you don't touch for say, a year or so) that appear to have better % rate. Please advise, I'm talking around £300 per month to put away. Any other…
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Lending Money Via Zopa
Wondered if anybody who has done this can share their actual return experiences. :think: http://uk.zopa.com/ZopaWeb/public/help/help-faqs-lending.html#who
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POLL: Best Online Savings Account Provider.
Just a little poll of MSEers to see who they feel are the best internet based savings accounts. Overall we can get an idea of the best institutions via a poll. Please take in account everything in making your decision like, interest rates,customer service, internet site, ease of use, consistently good interest rate, rate…
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ING - Now 4.75%! Joke! Can anyone help?
Hi all Got a letter today saying that ING have dropped to 4.75%. There is low and then there is ING! I only stayed with them because of their system of being able to have up to 10 accounts AND get monthly interest. I know Birmingham Midshires say they will better ING but from what I understand they don't offer monthly…
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How Can I Save Money Whilst Claiming Benifits
What Is The Best Way To Save Money Into A Savings Account When My Income Is Benifits Of £140.00 A Week !!! How Can I Put Moneys Away For The Future. Baring In Mind I Am Menaly And Fisicly Disabled ?? Is There A Easy Or Good Way Of Saving Lump Sums Of Moneys ??
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Under 18's savings a/c
My 16.5 year old daughter (as well as my 21 year old one) has 75K+ to invest (inheritance) The 21 year old has no problem opening Kaupthing Edge and B'ham Midshires accounts at over 6% But these are all for over 18s :confused: Can anyone offer a good rate for 16-18's :huh:
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Why only 5 Halifax Web Savers ?
Does anyone know why Halifax restrict the number of Web Saver accounts to just 5 ? "You can open a maximum of 5 Web Saver accounts." Given that one of these has to be a Variable Rate Web Saver to fund any Fixed Rate Web Savers this effectively only allows you to open 4 such accounts ! The limit seems very low and…
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Bank Of England keeps cutting rates, why are some Saving rates still climbing????
Hi, I am pretty noob when it comes to these stuff. The bank of England is cutting the interest rates and some Variable Rates Savings seem to be falling too(correct me if I am wrong). But I have some questions. Why are those fixed rate accounts' rates still climbing? Are these fix rates going to fall if Bank Of Engliand…
