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scottish friendly

littlemrtinkle
Posts: 680 Forumite
http://www.scottishfriendly.co.uk/affiliate/scottish-bond.html
£50 cashback through quidco and £15 Voucher after opening. Worth a gamble?
£50 cashback through quidco and £15 Voucher after opening. Worth a gamble?
Mortgage Start jun 2007 £88500 Outstanding Balance £51000
Overpayments 2007 Nil 2008 £1040 2009 £7853 2010 £10000 2011 aiming for £18000 (6k so far)
The Early Bird Gets the Worm, but the Second Mouse Gets the Cheese!!
Overpayments 2007 Nil 2008 £1040 2009 £7853 2010 £10000 2011 aiming for £18000 (6k so far)
The Early Bird Gets the Worm, but the Second Mouse Gets the Cheese!!
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Comments
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littlemrtinkle wrote: »http://www.scottishfriendly.co.uk/affiliate/scottish-bond.html
£50 cashback through quidco and £15 Voucher after opening. Worth a gamble?
Yes,7-11 Months or so ago when the Cashback was 95.00 + 15.00 vouchers and paid sooner than it is stated to pay now.;) The policy itself is widely regarded as poor value.
Around August time some of us got 95.00 Cashback + 15.00 vouchers and 15.00 premium refunded ( within 28 days) due to Fatcheese paying out the Cashback so quick.0 -
That's about all you are likely to make out of this type of plan - they are not well thought of, as a search on the forums will reveal.0
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littlemrtinkle,
Put money in these in the boom years.
You wait 10 years for a Mars Bar as a bonus, and wonder why you did it.
Not worth a light.0 -
littlemrtinkle wrote: »http://www.scottishfriendly.co.uk/affiliate/scottish-bond.html
£50 cashback through quidco and £15 Voucher after opening. Worth a gamble?
More like throwing good many after bad.
The reason they have gimmicks like this is to attract business as the product is so poor.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
GreasyPalm are offering £70 cashback in total plus you get the £15 vouchers from Scottish Friendly. The cashback is only paid after you've made two instalments, each of at least £25. So I suppose you could make £35 if you just walk away from the policy after two months. Not sure it's worth the bother though, especially as receiving cashback is never guaranteed.0
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