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Lump Sum Child Investment!
Hello everyone!! :D I usually post over on the DFW thread but I have a more specific question, that I hope you lovely people on here can help with. My step-son (aged 7) has been left a £10,000 legacy by his grandmother. Just to kepp things moving with regards to the money being released by the estate, a child savings…
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FAO Martin Lewis/MSE Team - can this switching be done?
Hello Martin (or anyone of your team!) I wanted to dripfeed a lump sum from a Citi Bank Flexible Saver Issue 4 account (online) into the Barclays 6.00% Monthly Saver account. However, when I called Citi to see if they allowed this they said I could only withdraw money into a sterling current account with a chequebook…
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Horrified by savings rates
I've got business money in a Co-op fixed term thing that ends in a month. They've kindly sent me a list of interest rates if I want to reinvest it with them. After I stopped laughing at the rates I realised they are seriously insanely low. 1.62% GROSS/AER for 6 months being higher than the 12 months 1.34% So what do I do…
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Are ISAs worth the bother any more?
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Savings interest greater than mortgage interest - how?
Once upon a time savings interest was paid out of the higher interest paid by borrowers. Now savings interest is greater than borrower interest. So where does the difference come from?
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savings account help
I want to open a savings account:- 1. Putting a small amount away each month (£50 or so) towards car costs etc. 2. With NO internet banking (don't want it to be that easy to get to) 3. With a cash card so I can get to it. 4. With ability to immediately get my cash out if the car goes wrong/car tax is due - no notice period…
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Savings account for grandchildren living in Australia
Can anyone recommend the best account to deposit lump sums for three grandchildren living in Australia. We want to give them something for when they reach 18 years old (they are currently 14, 12 & 10). The oldest was born in the UK, but the other two in Austalia (in case this makes any difference!). Would we be better…
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Kaupthing/ING special rate
Sorry if this has already been asked, but I've had a quick scan and can't find anything. When my Kaupthing money moved across to ING (where I already had an account) I got a letter saying that I could select to have a special interest rate on the new ING account, which I did. Now I've just noticed I can move money between…
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Yorkshire BS & Norwich Peterborough BS
Anybody using these societies for e-banking? It's just with YBS, I am only allowed to transfer £5000 a day, I thought it was unlimited!! With Norwich & Peterborough, how do you withdraw, do you have to set new payment and input the details each time? With YBS, the payment details are saved which is good to avoid any typo…
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Dividends?
Hi all, How long do you need to have held shares for to get dividends? Is there a minimum time? Also, do all dividends get paid at a certain date or is it up to the company? Cheers.
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Nationwide's free foreign withdrawals smoke and mirrors ?
This article suggests that many commision free foreign exchange deals are not good value at all as you get a poor exchange rate. The article does not explicity mention Nationwide but i wonder if the same applies to Nationwide and it is just smoke and mirrors.…
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Traced Old Account - Maybe????
I'm hoping this is the right place for this question ... Last year I used the tracing service to try and find an old account of mine that I wasn't sure existed. I had a letter from the BBA on 7.1.2009 informing me that they had information from a member bank indicating that such an account may exist and that the said bank…
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If I put savings in partners name-is it covered?
Hi there, If I was to put some savings in partners name only (as we each have an account with the same insitution) does she count as a separate customer if the unlikey was to happen and we had to claim compensation from the financial authority?
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Icesave Veterans Association continued
MSE Wendy has requested we start a new thread as the old one has become too long. As we all met on the Savings and Investment Board there is no objection to us remaining here at this time. :D Old thread link: Icesave Veterans Association ( 1 2 3 ... Last Page) amistupid
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What should the Inlaws do with their money?
Following on from my other thread about misselling. My inlaws currently live in France, they have 75k of their nest egg left. This is currently locked into a Norwich Union Offshore investment bond where it is invested in a Serling Cash deposit fund (basically corporate bonds). If they were to take their money out they…
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Have the Inlaws been Mis Sold?
My In Laws moved to France 3 years ago. They sold their UK property, bought a house in France and aimed to live off the difference (130k) for the 5 years before the first pension kicked in. They spoke to an IFA about what to do with their 130k and were adviced to put it into Norwich Union Offshore Bond (They told me it was…
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Legal and General 'cashback' offer upto 5 April 2009
No management fees on investment units you buy upto april and hold till the end of the year http://www.legalandgeneral.com/investments/campaigns/cashback-offer/index.html Obviously the actual investment matters more then the fees that would be levied on it so be careful people :)
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Wise to withdraw from NS&I
I am debating with myself whether or not to withdraw some money from NS&I Investment (passbook) account. I have about £2,500 in there which I recently wrote to them to update the interest, no deposits in a long time now. Now since the interest rates are 0.3% I was thinking to withdraw a big part of the money and transfer…
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Investing Questions !
Hi Basically to get to the point i dont know to much about investing. At 16 i inherited a good sum of money, which my uncle sorted for me at the time. I invested in Shares with Scottish widows through Lloyds TSB i think. Anyway at this point its years later and im also in the process of selling the house i also inherited…
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One question about Index-linked Savings Certificates
I am still looking at Index-linked Savings Certificates and despite reading T&C, I am trying to find out if you can buy many 5-year 45th Issue over the year or you can only buy one issue and that it? Any solid answer would be very helpful. Thanks
