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What happens to accrued interest when switching ISA provider?
Hello! I have a lloyds advantage (cash) ISA (currently 3.80%) and want to switch to a Trading 212 (cash) ISA (currently 5.10%), staying within the tax-free wrapper as its a big difference of 1.3%. Lloyds pays out interest monthly around the 7th of the month for me. If I switch, would i lose accrued interest that hasnt been…
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Accounts for Trustees to manage
As Grandparents we are looking for advice regarding suitable
interest bearing current and savings/deposit accounts which we can setup and
operate as Trustees, along with our son and his wife as Trustees. We need to have accounts to deposit a regular
monthly income of around £1,500 in connection with a Bare Trust holding…
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Account for mother in law
Hello, My mother in law has a dementia and I am her DWP appointee. Her pension and attendance allowance goes into my account. I tried to open Halifax account for her some.months. Account was opened then blocked and they asked to go with photographic ID. Unfortunately due to her ill health I could not take her, the…
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Nationwide online payments limit
I'm trying to buy a car from a mainstream dealership in the UK. I need to transfer £31,000 from my Nationwide account to the dealership- ideally today. I'd not realised that Nationwide have a daily transfer limit (should have read the small print!). Apparently, I can only send up to £25,000 per day to a recipient I've not…
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Halifax cash back extra non payment for IHG hotel warning
Hi I booked an IHG hotel months ago and when I was about to go there I saw there was a cash back available so I clicked the button. Apparently you have to book your room through the cash back terms and conditions link, so this was not honoured I guess they just post cash back when they are not occupied. Not a good way to…
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Chase bank - new questionnaire
I have been using Chase for sometime and recently they have been requesting additional information which I do not see as relevant to the products I have taken out with them. Specifically they are demanding salary information. Should I be concerned as it appears like I am having an unauthorised credit check performed on me…
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Chase Cashback - How do you know if you've earned the maximum £15 per month
Hi is there an easy way to track if you're still under the £15 limit per month for cashback? There doesn't seem to be any option to view cashback earned per month, all I can view is every transaction and the respective cashback each transaction earned. It seems a huge oversight (or probably deliberate) that the seemingly…
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Paypal issue
Hi, hope I am posting this in the right area. I have used Paypal for a long time now for receiving my payouts from doing online surveys. the money usually appears in my Recent activity and then shows straight above this in My PayPal Balance, ready for me to transfer to my bank. However, today, i cashed out two amounts from…
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Incentive Bank Account Switching - cancelling DD after switching
I switched to a Nationwide account in December 2023 but would like to keep the account, but switch another account to Lloyds to benefit from the incentive they currently have. I've looked at Nationwide T&Cs but can't see if there's a penalty incurred if I cancel the 2x DD's attached to the account I switched to in December…
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Transfers to a foreign bank account
Hi All,I hope you are well.I have an objective to transfer some bigger sum of money ~£4000 abroad to my foreign bank account. This is an account in EU zone but the currency is not in Euro. The question I have is should I just transfer it e.g. from Revolut to the destination bank and they do the conversion or should I use…
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In want of reassurance - lost driving licence is haunting me
Applied for a switch in current account to new bank today and surprised to find they didn't need any ID just electoral roll info. A little bit alarmed - I lost my wallet last year and had to replace driving licence. I didn't apply for CIFAS after losing it (reported to police, applied for new licence with presumably…
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Natwest Switch £180
I am an existing customer, not switched to Natwest before and have a TSB account ready to switch from. I do not have any direct debits though. Will I still get the bonus? I have the £1250 to pay in, which has to stay in for 24 hours. Also are you able to switch back (to a non £2 a month) account once you have the bonus?
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Confused with what to do with my money
I'm 32 and not sure if I'm doing my finances right! I have shares I have bought with my company at a discounted price which I can sell at any time now, currently worth £10k. I also have ongoing schemes (which I can't yet sell) , I set rolling ones up so it matures every year and I can either buy or sell. But I have maxed…
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LexisNexis (IIL) – Insurance Services - Multiple Searches on Credit Report
Hello, I was wondering if anybody else is experiencing the same. I was also hoping someone could give me some advice. The company LexisNexis (IIL)—Insurance Services consistently searches my credit file. Between May 24th and October 4th this year, they carried out 44 searches on my file. They are conducting Affordability…
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Can I switch first direct current account but keep the regular savings?
If I switch First direct to get another switch bonus, what happens to the regular saver? Do I lose interest or have to close it? Many thanks if you know. I'm not sure how they are linked
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HSBC/FD app
Hi, just bought a new phone. Unable to install HSBC UK or First Direct banking apps as Google Play says they are incompatible with my device 😡. It won't tell me why. I have Android 12 Go. Is it because I have Android Go? Has anyone else with Android Go been able to install these apps? Cheers.
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Bank Account Closure
While I understand banks can close accounts without giving a reason. If you find they held information about you that was not related to you and you find that shortly after they closed your account. Can they do this? Are you entitled to evidence of any effect it might have had or not? Can they still refuse with their…
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Switching bonuses - do they check?!
Hi there. I'm thinking about setting up a switch to Lloyds and/or Nationwide BUT I have previously had a switch bonus from them within the specified time range. In the case of Nationwide it's just a few days out! Do they check this? I've heard that sometimes banks don't check and they pay the bonus anyway. Has anyone…
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Card for sponsorship money
Hi me and a group of 3 others are about to embark on our explorer belt expedition through the scouting organisation. We were wondering how we would set up an account for us to use so that sponsors could put money in. the caviate is that the account name cant be one of our names as any industrial sponshors wont put money…
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How to access My Documents on closed account
I switched my current account away from HSBC in 2022. I also had a Savings account which I emptied. I received notification that it would be closed by HSBC after a certain time, so I consider myself no longer to be an account holder. This week I had an email from HSBC informing me there is an important mesage in My…
