Curiousness: How many different banks do you have an account with?

Fingerbobs

exel1966 wrote: »

Once upon time things were different and it was easier to open multiple accounts, but it's not so now. Always best to take advantage of these type of offers when they first appear as they do tend to change after time. Lloyds Vantage were the same, at one time you could get away with unlimited, now it's 3. Many have been successful in opening more the the stipulated 2 Santander Preferred accounts.

Are you getting the £5 per month on all three of your Halifax Reward accounts?

Gromitt

Some people get £20/month from their Halifax reward accounts, so I'd say yes.

Foggy

First Direct - Current, offset mortgage, 8% reg saver and the service
Halifax - for the fiver
Co-op - for the £200
Cahoot - never got round to closing but used it to switch over to co-op after moving a couple of DD's to it

jennifernil

Fingerbobs wrote: »

Are you getting the £5 per month on all three of your Halifax Reward accounts?

As long as you cycle the £1000 through the accounts you get your £5.

We have a joint one which is our main account, then I have 3 solos and OH has 2 solos. So we get a total of £30 per month. Then, as I am not a taxpayer, I can reclaim tax on my £17.50 per month, so another £4.37 per month to add.

richard9991

Santander main account
abbey
Barclays
nat west step
lloyds tsb classic x 2

Mrs_Ryan

Main is Barclays Cash Card.

Also have Santander (ex-A&L) bog standard Current Account
Halifax Easycash
Co-Op Cashminder and Smart Saver.

atlantis187

jennifernil wrote: »

As long as you cycle the £1000 through the accounts you get your £5.

We have a joint one which is our main account, then I have 3 solos and OH has 2 solos. So we get a total of £30 per month. Then, as I am not a taxpayer, I can reclaim tax on my £17.50 per month, so another £4.37 per month to add.

How do u reclaim the tax back?
My wife is not a tax payer as she doesn't work, we have 5 account 2 sole each and 1 joint. How much would she be able to claim back?

YorkshireBoy

atlantis187 wrote: »

How do u reclaim the tax back?
My wife is not a tax payer as she doesn't work, we have 5 account 2 sole each and 1 joint. How much would she be able to claim back?

Visit the HMRC website and look up 'R40'.

You'd be claiming £1.25 per month (£5 grossed up to £6.25) per account on her sole accounts, and possibly 62p per month on the joint?

jennifernil

Yes, it is easy to do, the R40 is a fairly simple form. She will need to enter all her savings income, just follow the instructions.

On 2 sole and 1 joint she could reclaim £3.12 per month, so £37.44 for the 12 months.

You reclaim after the end of the tax year, the refund usually comes through within 2-3 weeks.

Frogletina

Lloyds

2 x vantage
1 other vantage being closed when transfer to Co-op completed
2 easy save accounts (one to be closed, after their regular savers close Lloyds change the account to an easy save one, and this latest one has higher interest than the last one)

Halifax

3 x isa accounts

West Bromwich

1 savings account

Yorkshire

1 savings account
1 regular savings account

Santander

1 current account (for free travel insurance)
1 savings account

Cheltenham and Gloucester

1 Isa account

Hinckley and Rugby

1 savings account

Coventry Building Society

1 current account
2 savings accounts

Nationwide

1 current account
1 savings account

Scottish building society

1 regular savings account

Interest rates range from nil to 4.10 (bond)
Money in accounts range from nil to .....