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Investec High 5 Account

1235

Comments

  • PM sent, OCM.

    To avoid the wrath of others, I think people should probably post any further referral requests on the Referrals board!
    My posts are not financial advice. If you want that, please consult an IFA.
  • I was going to open an account with Investec today but now I'm having second thoughts ! All looks a bit dodgy to me after this article
    http://www.thisislondon.co.uk/news/article-13029316-investec-tax-chief-jailed-for-fraud.do
  • Note this paragraph:
    A spokeswoman for Investec said: 'The company would like to reiterate that no client funds were involved, that most of the money has been recovered and we expect to recover the entire amount.'
    It's a bit harsh to judge them on account of the actions of a criminal employee six years ago!
    My posts are not financial advice. If you want that, please consult an IFA.
  • I agree. This is a good account run by an established bank
    Val :)
  • Thanks JDemaistre,

    I got your PM. I'm new to this and only found the referral board after I posted this message! Will use there for any referral requests in the future
    OCM wrote: »
    I'm also just about to apply for an Investec Hi Five Account. Can someone also recommend me - we get £50 each!
  • how do you PM
  • Geoffo_M
    Geoffo_M Posts: 1,161 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    ganooo_1 wrote: »
    how do you PM

    Clcik on username in message (eg ganooo_1) a drop down list will appear and select "Send a private message"
  • I agree. This is a good account run by an established bank

    Hi,

    Are they stable enough to risk putting in double the insurance limit? (Already have the limit, but that's what I'm thinking of doing but can't decide....)
  • Reaper
    Reaper Posts: 7,356 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    spuggie wrote: »
    Are they stable enough to risk putting in double the insurance limit?
    Last time I looked the answer was no, they are not particularly stable. So I'd stick to the FSCS limit. Remember if you open a joint account you get double the limit.
  • Reaper wrote: »
    Last time I looked the answer was no, they are not particularly stable. So I'd stick to the FSCS limit. Remember if you open a joint account you get double the limit.

    Thanks. I'll take your advice on that. My problem at the moment is that I'm currently living abroad after selling my house shortly before the recession hit. My intention was to live here off the interest temporarily and buy in London, but instead I've got little income from it now and the housing market looks so dodgy I thought I'd hold off. So I have to spread £200,000 around just enough to cover my rent here while keeping it as liquid as possible. I've put some in Investec and just opened a Citibank account to put a bit in there, but that leaves the other £100,000. Any ideas what I should do?

    Thanks in advance.
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