£25 bonus for HL active savings account - expires 06/12/2019

colsten

gozaimasu wrote: »

What can I say, I'm just a dreamer. Dreaming of what I'd do with £1million from PBs gives me more joy than dreaming of what I'll do with £64.25 in 6 months.

Could being a dreamer be the reason why you have to make a decision to put £5K either into PBs or to use it to earn £64.25? Wouldn't a real dreamer want to have £50K in PBs and £5K earning £64.25?

ColdIron

colsten wrote: »

It's taking what seems like an eternity for my deposit actually to be earning interest. It's still showing as pending a week after I put the money into HL. Not very impressive. I seem to remember Raisin was much faster with actually depositing the money with the chosen provider.

Money is often not deposited until a stated date, for the Charter Savings 6 month offer it'll be the 9th

• Your money will be sent to Charter Savings Bank on 09/12/2019 when it will start to earn interest

It's easy to be tempted to leave it until the last minute, or park it in the Coventry easy access account, but popular offers can be pulled early. I lost out on a BLME 1 year fix at 2.10% when I tried to open it the day before the Apply By date

bristolleedsfan

BLME

1.66% | 1.65%*
6 months


Take some sting out of week or so loss of Interest, debit card payments do they take 3 working days to arrive ????

ColdIron

For that offer (Apply By 08/12/2019):

• Your money will be sent to BLME on 10/12/2019 when it will start to earn interest.

In my experience the money will be available in the cash hub immediately though it may not be shown on your sending bank statement for a few days

where_are_we

£5K still pending in current account earning 1.5% I presume. I wonder when money will actually leave before investment starting to earn interest date on 9/12/19?

ColdIron

where_are_we wrote: »

£5K still pending in current account earning 1.5% I presume.

HL do not offer current accounts. They do offer easy access accounts but none of them earn 1.50%. Money in the Cash Hub or waiting to be deposited earns 0%

I wonder when money will actually leave before investment starting to earn interest date on 9/12/19?

09/12/2019 I'd imagine

• Your money will be sent to Charter Savings Bank on 09/12/2019 when it will start to earn interest

where_are_we

Apologies! Money was held up for a few days pending in current account (Santander 123) and payment (compulsory to use debit card) to HL went through today. On HL website it had shown up immediately and was transferred out of cash hub to selected savings account. Just have to accept loss of interest for six days.

gozaimasu

colsten wrote: »

Could being a dreamer be the reason why you have to make a decision to put £5K either into PBs or to use it to earn £64.25? Wouldn't a real dreamer want to have £50K in PBs and £5K earning £64.25?

Did I just walk into a wealthy city bankers club and get sneered at? Of course I would want to have both £50k in PBs and earning £64.25. Does it make you feel better to look down on a pauper like me? Scathing comment unwelcome.

colsten

ColdIron wrote: »

Money is often not deposited until a stated date, for the Charter Savings 6 month offer it'll be the 9th

• Your money will be sent to Charter Savings Bank on 09/12/2019 when it will start to earn interest

Mine ended up being credited on the 2nd, 1 week after I paid the money to HL, and 4 working days after it got debited from my current account.

colsten

where_are_we wrote: »

Apologies! Money was held up for a few days pending in current account (Santander 123) and payment (compulsory to use debit card) to HL went through today. On HL website it had shown up immediately and was transferred out of cash hub to selected savings account. Just have to accept loss of interest for six days.

It's not so much loss of interest - that's only pennies. It's having to check back again to be sure everything got processed as intended. Nice problem to have to though, I suppose.