HSBC's New £120 Switch Offer

moneysavinggirl40

Good luck, let us know if you succeed pls Colsten, what method did you use to apply again, was it online?

moneysavinggirl40

all a bit peculiar with my HSBC application in that when i phoned to enquire about my card, they said i had to pick it up in branch, I said can't it be sent to me..she said no we need ID to give you your card, then today my card arrives at my home address, so what's going on? do i activate this card, I can't activate it yet online because i do not have a secure key, or go in a weeks time to branch to collect the card that she said will be there for collection? What she should have said is wait a few more days, you should receive one in the post perhaps? will this card be valid to use now or do I still need to go and pick up other card in branch?

moneysavinggirl40

Gilbo_Baggins wrote: »

Yes this years subscription. Being saving in my TSB accounts and hadn't planned on opening an ISA.

I understand that the TSB acc offer good interest rate and a good place to save but to get your £10 per month it makes it worth opening a Loyalty ISA, pop in £300 and take it out as soon as you start getting your incentives of £10, pop it back into your TSB account. I planned to leave £1 in there and the othere £299 go in a 6% reg saver.

colsten

moneysavinggirl40 wrote: »

Good luck, let us know if you succeed pls Colsten, what method did you use to apply again, was it online?

yes, I always apply online

tmsbry

I applied today for the Advance Account & used the 7 day switching service to close my account on the 11th.

Everything went smoothly, I was offered an Overdraft & a Credit Card that came with a 25 pound bribe.

HSBC's Internet banking looks a lot better than Lloyds so really happy.

I've just got one question.
Next year I wish to open a Help to Buy ISA, if I pay in the £300 & HSBC pays in £10 a month till August next year, will that be counted as paying into next year's ISA limit?

Ed-1

tmsbry wrote: »

I've just got one question.
Next year I wish to open a Help to Buy ISA, if I pay in the £300 & HSBC pays in £10 a month till August next year, will that be counted as paying into next year's ISA limit?

The £10 payments, as with any interest, do not count as ISA subscriptions. So from 6th April 2016 you can pay into a new Help to Buy cash ISA and still have the £10 payments coming into your HSBC ISA.

dj1471

tmsbry wrote: »

Next year I wish to open a Help to Buy ISA, if I pay in the £300 & HSBC pays in £10 a month till August next year, will that be counted as paying into next year's ISA limit?

No, the £10 is applied as interest, this is covered in the small print.

Archi_Bald

tmsbry wrote: »

HSBC's Internet banking looks a lot better than Lloyds so really happy.

I find HSBC Internet banking only marginally better than FD, M&S, the Coop and YB/CB. All of which are just slightly better than ghastly. Mind you, they all let you receive money and make payments, which is the important thing.

tmsbry

Thanks a lot Ed-1

dggar

moneysavinggirl40 wrote: »

I understand that the TSB acc offer good interest rate and a good place to save but to get your £10 per month it makes it worth opening a Loyalty ISA, pop in £300 and take it out as soon as you start getting your incentives of £10, pop it back into your TSB account. I planned to leave £1 in there and the othere £299 go in a 6% reg saver.

are you sure the £300 doesn't have to be in the ISA for the full twelve months to get the £10 per month added?