Savings & investments

Received this just now: We are writing to inform you that there was an error identified in your recent account statement from Oxbury (labelled as End of Term Statement/Annual Statement). That statement will be removed from Oxbury Online Banking and your Oxbury App whilst we correct this issue. That statement incorrectly…

This may have been asked before but cannot find what I need. I am trying to transfer a Vanquis ISA to Vida bank and it asks for an account number and reference number. The only number I can find in my Vanquis account is much longer than 8 digits and therefore doesn't fit in online application form box. I have transferred…

I applied for the First Active 4.55% savings account on 2/9/26. It was recommended here at MSE. Two weeks later and the application has yet to go through. I have had occasional emails apologising for the delay and telling me that there is no point contacting customer services. The information that has not been shared is…

Is it worth getting a maintenance loan you don't need to invest it?

My wife lives with me in the UK on a Spouse Visa. She wants to send around 12k to a UK bank account. Apparently Wise is the cheapest for sending money internationally but caps the payments at around 3-4k a month which is infuriating I imagine credit cards or normal bank transfers will give worse rates and I don't trust…

Hi all, if anyone is using Ineractive Investor I have a question about the merits of choosing one plan over another. I opened a SIPP earlier in the year and by default it created a 'Core' Account (I wasn't offered the choice at the time of opening).There is also the Premium account at £39.99 per month, but disregarding…

Just a warning that if you need access to your savings with Oxbury when abroad it may not be possible. I tried to access the app to transfer funds and got this

I understand that quaterly "dividends" are taxed as interests, but what about income before? If I buy just after dividends pay out, keep for a month would that be CGT only?

What is the best way to maximise salary you earn during a placement year. The money cant be locked away because it will be needed the year after when you rejoin university.

Has anyone else experienced issues with receiving the verification text sent out by Interactive Investor to login to their account, they send a 6 digit number as an extra layer of security for login. I am not receiving the texts, Interactive Investor are claiming they are sending them and there is not an issue at their…

Hello, I am currently considering renewing a maturing holding into the NS&I 5-Year Fixed Guaranteed Growth Bond to lock in the 4.85% interest rate. However, because NS&I compounds all the interest and pays it out as one big lump sum strictly in the maturity tax year (2031), it creates a major tax trap. Even though they add…

I have tried to check online but could not get an idea on how it works. Hope it is the right place to ask. I am only on PAYE. FY26/27 tax code has been recently reduced after HMRC try to collect the untaxed interest from FY25/26. The total taxable income including the saving interest in FY25/26 were under £50,270 (20%…

I've found a £1 premium bond in a box, i think it belonged to my father in law, he died 15 yers ago, no will , it was issued in 1964. what can i do with it, i know its only a £1 but still, its better in our pocket then the post office

Hi, recently Which recommended LemFi for a great (clean) EA savings rate - 5% inc. bonus - via their App. FSCS protection by Clearbank. Does anyone on here have any experience of them please ? I'd like to place quite a lot of money with them. Cheers. Joe

I'm a long term saver/investor but I've never bought any Gilts until this week. As a bit of a punt I've bought some TG61 (matures Oct 2061, coupon 0.5%). Not in an ISA/Pension. This was first issued in May 2020 at a price of £96.87 but is now priced at about £22. Clearly a disaster for the initial investors but seems like…

I've been reading and watching many pundits who are warning about the levels if debt, particularly in AI, that have cause the markets to grow in the last couple of years. I normally ignore such Cassandras, but this time I find myself agreeing with many of their arguments. It seems like a pretty big bubble and anyone in a…

I'm starting to realise that whilst I don't know what the hell "the plan" is yet I'm starting to have more and more thoughts about doing something to reduce work. I can't put any detail on that as I really don't have any - just finding the idea pops into my mind a little more than it used to. So I'm 49 and right now the…

hello Banging my head against a brick wall here 😂 My children’s father passed away last year, they are aged 11 and 14. He has a pension with pensionbee. Pensionbee have advised that this can only be paid into a bare trust account. Whilst dealing with my children’s grief I’m finding this really confusing to deal with. I…

An elderly relative has a couple of savings accounts with Kent Reliance. KR are moving these to online management only. She doesn’t feel happy about online banking so has asked me to manage them for her. I have power of attorney although have never needed to use it before. She’s perfectly sound of mind; just doesn’t want…

I've posted some content in another thread about this but I'm getting frustrated. All I want to do is open an NS&I Guaranteed Income Bond, but I keep falling at the hurdles. I was hoping to do a bank transfer to NS&I but, for some reason, this isn't allowed. They only allow debit card transactions. To make sure my bank…