-
Bad experiences with Cynergy bank app
This is just a heads-up to anyone considering opening a Cynergy bank account (currently featured in the top Savings Accounts listings), to say you might want to check other users' experiences before doing so. In my case it ended in a frustrating, bad experience and me abandoning my newly-created account in favour of a…
-
How to establish share cost for CGT purposes?
This may appear complex, hence the request for guidance. I acquired some shares in 1999 as part of an acquisition of
part of a company I held shares in (The value of my original holding was
obviously devalued at the time). I am now looking to sell the acquired shares, however, I’m
unsure as to what share price can now be…
-
Vanquis Fixed Rate Maturity
My one year fix ended today. I gave them instructions to pay out to my nominated account a couple of weeks ago. At 8 this morning they confirmed they sent the money, but nothing showing at HSBC yet. Is this normal? I'm used to payments being virtually instant these days, so slightly perturbed, as it's £50K plus interest.
-
Why does Marcus by Goldman Sachs want inheritance documentation for opening a 4.90% fixed bond?
They asked for a bunch of documentation as proof of inheritance when I tried to open the account and chose inheritance as source of money, now I'm worried the product will get pulled while they get around to checking my uploaded documents, however long that takes. Maybe next time in future I'll just pick Savings as source…
-
How Trustworthy/Safe is Moneybox?
Hello, I opened an account with Moneybox over a year ago, with the view of saving via their Lifetime ISA. it makes me quite nervous depositing money into it, as in it just appears less safe/secure than a bank! If anyone can provide advice or assurance on this it would be very much appreciated.
-
Should I use Aegon or Hargreaves Lansdown
My first thread, so hope you can offer some advice. I've recently retired due to a medical condition at the age of 62. I've also sold my company and have a reasonable amount of funds to keep me going until my pensions kick in. Whilst I have a basic understanding of investments such as stocks and shares and have dabbled a…
-
Chip account closing
All, how is it possible to close Chip completely? I only went in to bag the £30 bonus, have zeroed both the investment account and the savings account, left it a month for the pending interest (9p) to show and drew that out, as they state zero balance is needed. Now I have zero in savings, zero in the investment account,…
-
Transferring savings from Premium Bonds to Growth Bonds today.
I decided to transfer the majority of my Premium Bonds to a NS&I one year growth bond this morning via my NS&I online account- after reading Martin’s news about their competitive rates of interest. Very surprised that two hours later there’s no confirmation of any sort from NS&I about this transfer, so I phoned to check it…
-
Currency Broker
I can't think of a more appropriate forum to put this on. We're about to transfer a reasonable sum of money abroad to buy a house. We're going to use a currency broker (Key Currency). Any ideas what checks we need to do to make the broker is legitimate and that we have contacted the company correctly and not been…
-
Mortgage free, maybe? Now what?
On 30th Nov, this year, my 5 year fixed rate deal of 1.14% runs out on my current mortgage deal. The balance will be £24,400. The payment has been £822 a month. We have also been putting aside around £1200 a month into premium bonds that we've used for the annual 10% overpayment. This has also been building nicely and we…
-
Easy Access rates going up
Why is it when the BoE announce a rate cut all the savings providers more of less cut their rates straight away. But when the BoE holds the rate for a few months, these savings providers start putting their rates up again. Why is this? I've just dropped a lump into Cahoot at the weekend @ 4.52 and I've noticed quite a few…
-
Mastercard Debit Card Transfer Declined
Ourselves (and our daughter) took advantage of the NS&I's Income Growth Bond (as recommended here). NS&I wanted the transactions via debit card. When we tried to do this via Mastercard (different people with different banks) the transfers were all declined (bearing in mind that it was to a government owned organisation).…
-
Can I still get records of transactions through X-O?
When I had my shares with X-O (part of Jarvis) I bought three tranches of 100 shares in Carnival Corporation. I've found a record of the date and price paid for the first tranche and one of the others (I think the third but not sure), but not for the remaining one. I was a bit remiss with downloading statements! The…
-
Cahoot Interest Payment Date
Hello - I opened a Simple Saver on 14 April and deposited £1 and chose monthly interest. On 6 July I deposited a large amount. As of today, no interest has been received since account opening. I am waiting for Cahoot to reply to a query I raised about this. Is it correct to think that the 14th of the month is the interest…
-
Saving - Path to follow
Hi, I am a 52 yo male - I am employed, with a basic salary of £46,500.00 - I also obtain a profit related bonus, which is paid in December each year - this year it will amount to c.£9,000.00 I have a 1/3 share in my late Mother's apartment - this is currently being leased - unfortunately it's within a complex managed by…
-
Monmouthshire Building Society RS Account matured
Monmouthshire Building Society RS maturity – stuck in nominated account loop? Does anyone know how to transfer funds out of a matured Regular Saver?I am trying to set up my nominated account but it keeps looping (also tried linking up with my previous nominated bank account). When it did finally allow me to enter the…
-
Check Santander Edge Saver 12 month bonus has come to an end
Many will have opened a Santander Edge Saver (SES) just over 12 months ago @7%, 2.5% of which was a 12 month bonus. The 12 months is up which means your bonus will end and your interest will drop to 4.5%.The available SES has an interest rate of 6% including a 12 month bonus of 1.5%.To achieve another 12 months of 1.5%…
-
Cash
Morning all just after some input from some like minded people. I am due to receive a large cash sum from one of our house rental sales and my current cash I will transfer to my current stocks and shares isa into my investments leaving me with this cash that i don't really want to put any risk on at the min. All my isa…
-
Revolut £20 cashback tracking issue...just me??
I opened a new Revolut account last month - did everything correctly (yes, I clicked on the MSE link and entered my phone number before downloading the Revolut App). Still no £25. Apparently (Revolut chatbot) I've fulfilled all criteria but the campaign hasn't tracked from the MSE link. Anyone any idea what to do as…
-
Change of M&S Unit Trust Management 26th Sept
Does anyone know much about this? I've never heard of the company taking over. I'm wondering if I can get someone else to manage my modest investment and if so if I will have to sell and re-buy with all the possible added fees.
Have a savings question you're keen to discuss? Here is where posts around ISAs and tax-free savings live.
