NS&I certificates

lisyloo

Why would you have investments that you don't know about?
When I spend £15K or even £100 I tend to like to keep track of it ?????

LeifGR

LeifGR wrote: »

Applied 27/5.
Money taken 28/5.
Signature letter arrived 8/6.

Signature letter sent 1st class 9/6.
Certificate arrived today 23/6.

adindas

Applied 25/5.
Signature letter arrived 8/6
Got certificate: 23/6

RobStaffs

My wifes purchase went through a lot quicker then mine.Applied 11/6, certificate received today

heather8

Essex123 wrote: »

I've read the above and am in need of some advice. I want to invest £15k in the I/L certificates, and the money to fund the purchase is currently sitting across 3 Lloyds Vantage Accounts (which each have £7k in). It looks like I have two options:

(i) Do Transfers between Lloyds Vantage accounts to get £15k in one account, and then apply for £15k of certifcates in one transaction. The risk I see here is that £15k may be above the debit card limit. If it is, does the transaction fail at that point or do I only find out about it in a few days?

(ii) Do Transfers between Lloyds Vantage accounts to get £7.5k in two of the Vantage Accounts, and then apply for £7.5k of certificates twice. I don't currently hold any certifcates, but have done previously and have a holders number in the format 0000-000-00. Would I be able to make the two applications one after the other or is there some reason I would need to wait?

Thanks!

We have three vantage accounts. I moved enough money into one of the accounts, did the on-line application for that account and it went through just fine. No problems at all. I then redistrubuted the rest of the cash, so I have 4500 in each of our three accounts.

Zekko

Applied on 11-June
Signature Form arrived 16-June
Certificate arrived on 23-June

Nice and fast service!

jennifernil

heather8 wrote: »

We have three vantage accounts. I moved enough money into one of the accounts, did the on-line application for that account and it went through just fine. No problems at all. I then redistrubuted the rest of the cash, so I have 4500 in each of our three accounts.

We did exactly the same, and it has all gone very well so far.

Applied late evening 25/06.
Money taken 29/06
Signature letter received and returned today (30/06)

castle96

as a matter of interest...
what are most people envisaging for this investment ? Have you all got it diaried for 1 year, and 'look at it then'/take the RPI + 0.25% ?

Sceptic001

castle96 wrote: »

as a matter of interest...
what are most people envisaging for this investment ? Have you all got it diaried for 1 year, and 'look at it then'/take the RPI + 0.25% ?

Review after a year.

If RPI inflation looks like falling and/or general interest rates have risen, see if there is a better deal. One of the great benefits of ILSCs is that after the first anniversary they are index-linked and can be encashed with a week's notice.

Ark_Welder

My objective is to have some cash that is protected against inflation regardless of the level of interest rates. So I invest for the term, which for me is a mix of 3 and 5 year durations, i.e. I have older certificates too. Remember that last year the IL's were withdrawn, so taking the money out may mean that you are unable to reinvest in them - and at a time when you may really wanted to. Not a recommendation, just something to be remembered!