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Better to move savings from a Cash ISA for this Lloyds offer?
Hi all, Lloyds have offered a £75 bonus if I open a savings a/c at 3% AER with £2001 for 6 months. To do it, I'd move money from a flexible Cash ISA at 4.19%. I'm a basic rate tax payer but am within the £5K interest allowance. Is this something I should consider? (My mind is muddled with the math.) Many thanks. :)
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About to inherit about 160k
after probate I will be inheriting a serious amount of money from cash in accounts and half of house, also have money split in 2 premium bonds accounts, one maxed out, where we have been saving our deposit, we will be in the position to buy our first home outright, and in our late 50’s think is a good thing to do so we…
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Bed & Isa
Hi. Lookng for some advice pls, I previously worked for a large US corporate where I accumalated £75k of shares, now I want to sell them each year to stick into a stack & shares ISA 20k at a time. I understand from an accountant that the price I work from is the day I was made redundant and any profit from that day I need…
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When is monthly interest on a fixed rate bond 1+ years actually counted by HMRC for tax liability?
For example a one year fixed rate bond that will pay interest monthly to an external account. There are nine months before the tax hike from 20% to 22% in April 2027. So potentially nine months of interest taxed at the 20% rate before the new rate next year. Then three months interest at 22%? But do HMRC actually receive…
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How to look after a sudden large amount of money
I have come into a large amount of money, due to the loss of my husband. 6 figures. I will also be getting another smaller sum of money in the coming months due to redundancy. (breakdown pending with 2 huge blows to my life!) I am after advice of how i should look after this money for the future of myself and my 3…
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Ecology Building Society: Online access update
The Ecology Building Society have had a rather radical update to their online access and also have a new app. Once registered on the new system, all savings accounts now have their own sort code and account number (previously a 10 digit account number was quoted as a reference with any bank transfers into their main Co-op…
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Found money , how much can i invest long term to accumulate
Slightly jovial thread ……. found 5p today in a car park and like others occaisionaly find a coin. This thread is to accumulate any other finds and invest purely for fun to see how much free money we can make over time…….. Guessing there are no investments that will accept 5p …… but open to ideas , thoughts etc…. So current…
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Electronic share platform charges
Hi I have shares held electronically at HL, my shares were purchased over 20 yrs ago, I don't do share trading, The service was free but now they've introduced monthly charges. I asked HL to revert to paper certificate so I stop using their services but they said they don't issue paper certificates. I don't want to pay…
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Opinions on selling a BTL
Hi all In 2012 I moved and I began to Let the house I previously lived in (owned outright, no mortgage). I've Let to the same tenant ever since, and it's been fine, however she's just served notice she's moving abroad end of August. Essentially, three questions for info/opinion/possibly advice Q1. Should I sell up. These…
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Chase savings bonus rate has ended looking to transfer out
My Chase savings bonus rate has ended, so I am transferring the funds into my existing Zopa Savings and Cahoot Simple Saver accounts. As this is a temporary measure, while I look for better saving rates. When I transfer funds out from the two account, apart from they both have daily outbound transfer limits, and Zopa…
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Revolut £20 cashback
Hello, Today I've opened a Revolut standard account. I have the virtual debit card in my Google wallet & I have spent over £40 in three separate transactions. The app wants me to complete setup by ordering a physical debit card with a £4.99 delivery fee. I do not require a physical card. Will I still get the £20 cashback &…
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Should I hedge stock investment because it's "overheated"?
I've been sitting on cash that's not keeping up with inflation for decades under some misguided view I would need it to buy a bigger house + apathy and ignorance. Enough's enough - I need to accept a house upgrade isn't going to happen for 5 or even 10 years. I've got about 250k to invest but I feel stocks are quite…
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Vanguard Life Strategy Blended Low Risk 20% stocks/80% bonds
My wife invested £35K in 2020 ,although low risk this plan made a loss until 2026 when it eventually produced a gain of 2%NB this was an investment in Vanguards General Investments Fund.This year[April] in order to simplify our investments she decided to transfer this fund to Hargreaves Lansdown, and close the Vanguard…
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NS&I can't login!
Hi All, I've been moving more money into NS&I recently and am currently in the situation where I can't login! I know their website can be a bit 'clunky' but at the moment for me there's no 'login' fields for me to use on their login page! Currently (trying) to talk to them via Twitter. They have a pinned message from 2024…
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Best Account for new Granddaughter
Any recommendations for a bank account? I just want to put a small monthly amount into an account for her. I currently use Halifax for her older Cousin but just checking out other peoples recommendations. many thanks
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eToro
I used the link to sign up, didn’t get the free shares offer, proceeded to the £200 deposit. Heard nothing from them. Another duff inaccurate article along with HSBC article. I presume I will get a £200 refund from eToro. Martin, the articles need to be more concise.Having said that I have used your switching articles many…
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Understanding SA figures
A question for those that understand these things before I contact HMRC and make my ignorance even more well known. Asked in May to fill in a Self Assessment form for 204/25, no problem. Only change was I was left some money and had untaxed interest to declare. Otherwise company and state pensions. Figures have come back…
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Flexible ISA
Struggling to find a flexible ISA provider where direct gilts are available … Freetrade - very small conventional gilt selection, no ILG Trading 212- None, ETF only Lightyear - None, ETF only Fidelity - None, ETF only Barclays Smart Investor - Possibly but didnt like the lack of app functionality so transferred out Any…
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Emerging markets allocation (revisited)
A short while ago there was a thread here discussing Emerging Markets Allocation (https://forums.moneysavingexpert.com/discussion/6672348/emerging-markets-allocation ) that was closed at the request of the OP shortly before they left the forum. I though that the research that was linked in the first post of that thread…
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Ditching Premium Bonds for a while
2nd Month with zero on 50k so having a break I want monthly interest so was going to stick it in NS&I Guaranteed Income Bonds. Anything else out there better for monthly income ?
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