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15005015035055062004

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  • duckson
    duckson Posts: 75 Forumite
    Fifth Anniversary 10 Posts
    polymaff said:
    Knockout iinterest rate - but you'll knock yourself out with all those £1.01 debit card spends... ;)

    How is round up setting chosen post account set up please?
    You just enable it and that is it, there is no 'level' to pick. Anything gets rounded up to the nearest pound and it sits in a seperate round up pot.
    Cheers, Stu
  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    duckson said:
    polymaff said:
    Knockout iinterest rate - but you'll knock yourself out with all those £1.01 debit card spends... ;)

    How is round up setting chosen post account set up please?
    You just enable it and that is it, there is no 'level' to pick. Anything gets rounded up to the nearest pound and it sits in a seperate round up pot.
    And how do you do that post set up...
  • duckson
    duckson Posts: 75 Forumite
    Fifth Anniversary 10 Posts
    duckson said:
    polymaff said:
    Knockout iinterest rate - but you'll knock yourself out with all those £1.01 debit card spends... ;)

    How is round up setting chosen post account set up please?
    You just enable it and that is it, there is no 'level' to pick. Anything gets rounded up to the nearest pound and it sits in a seperate round up pot.
    And how do you do that post set up...
    Click the 'Add +' on the home page to add a new account.
    Cheers, Stu
  • Daliah
    Daliah Posts: 3,792 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    polymaff said:
    Knockout iinterest rate - but you'll knock yourself out with all those £1.01 debit card spends... ;)

    It's a complete gimmick, to catch people with a huge interest rate. In reality, it's incredibly difficult to make any real money from it.

    For example, if you did manage to get £10 round-ups on every 1st of a month, and then did no further round-ups, you'd make £3 in a year.

    If you forced yourself to make huge numbers of £1.01 payments, don't be surprised if one or another of your accounts gets closed. You might even end up with a CIFAS marker for abuse of facility.
  • Bigwheels1111
    Bigwheels1111 Posts: 3,045 Forumite
    1,000 Posts Third Anniversary Name Dropper
    Opened chase account last night, did not go through until 11.00 am today.
    Sent my first transfer and was received in 30 seconds.
    Opening the savings account.
    I then sent a large transfer which arrived in 2 minutes.
    Sent another payment to make a payment on debit card to try it out.
    That got a security check from sending bank, 5 hours to sort out. Agh.
    Setting up debit card for Google pay was so easy it did it it’s self, just a couple of ok boxes.
  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    duckson said:
    duckson said:
    polymaff said:
    Knockout iinterest rate - but you'll knock yourself out with all those £1.01 debit card spends... ;)

    How is round up setting chosen post account set up please?
    You just enable it and that is it, there is no 'level' to pick. Anything gets rounded up to the nearest pound and it sits in a seperate round up pot.
    And how do you do that post set up...
    Click the 'Add +' on the home page to add a new account.
    So you can't do it on an existing account post initial set up..
  • Daliah
    Daliah Posts: 3,792 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    duckson said:
    duckson said:
    polymaff said:
    Knockout iinterest rate - but you'll knock yourself out with all those £1.01 debit card spends... ;)

    How is round up setting chosen post account set up please?
    You just enable it and that is it, there is no 'level' to pick. Anything gets rounded up to the nearest pound and it sits in a seperate round up pot.
    And how do you do that post set up...
    Click the 'Add +' on the home page to add a new account.
    So you can't do it on an existing account post initial set up..
    What can't you do on an existing account post initial set up?
  • Nikkster
    Nikkster Posts: 6,391 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    So you can't do it on an existing account post initial set up..
    You don't do it via the current account - if you click 'add' one of the options should be a round up account (don't think I changed the name). Guess it automatically links as you can only have one c/a
  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Daliah said:
    duckson said:
    duckson said:
    polymaff said:
    Knockout iinterest rate - but you'll knock yourself out with all those £1.01 debit card spends... ;)

    How is round up setting chosen post account set up please?
    You just enable it and that is it, there is no 'level' to pick. Anything gets rounded up to the nearest pound and it sits in a seperate round up pot.
    And how do you do that post set up...
    Click the 'Add +' on the home page to add a new account.
    So you can't do it on an existing account post initial set up..
    What can't you do on an existing account post initial set up?
    Bless you - thought you stated you blocked me.


  • duckson
    duckson Posts: 75 Forumite
    Fifth Anniversary 10 Posts
    duckson said:
    duckson said:
    polymaff said:
    Knockout iinterest rate - but you'll knock yourself out with all those £1.01 debit card spends... ;)

    How is round up setting chosen post account set up please?
    You just enable it and that is it, there is no 'level' to pick. Anything gets rounded up to the nearest pound and it sits in a seperate round up pot.
    And how do you do that post set up...
    Click the 'Add +' on the home page to add a new account.
    So you can't do it on an existing account post initial set up..
    Yes, I've done it about an hour ago on an account i set up yeasterday (on Apple iOS).
    Click home at the bottom of the screen and then click 'Add +' to the right of where it says 'Accounts', you are then given the option to add an account which one will be 'Round up'.
    Cheers, Stu
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