Wealthify cash back offer removed and Inflation vs Savings question.

Elika0215

1) Wealthify have said there's a £40 cash back offer for investments of £400 (and above) before 29/02/2020 here; https://www.wealthify.com/moneysavingexpert/january-2020-offer/terms-and-conditions-january-2020?utm_source=crm&utm_medium=email&utm_campaign=gencomm
However, I can't find the MSE link they mentioned. This is what's on MSE for Robo Investing: https://www.moneysavingexpert.com/savings/robo-funds/
2) What measurement and source do you use for inflation when comparing it against savings interest?
Thanks

eskbanker

1) The MSE Wealthify offer was limited availability and this week's email stated that there were 500 of the 1,500 redemptions remaining, so there are probably none left - the page you refer to was edited yesterday so is presumably reflecting what can currently be obtained (i.e. nothing).

2) Up to you what to use as an inflation measure - the two main 'official' government measures are CPI and RPI but there are various others (take your pick at https://www.ons.gov.uk/economy/inflationandpriceindices), and ultimately it's your own personal inflation that counts, i.e. cost changes for what you actually spend money on. MSE used to publish selective stats in a proprietary bills tracker but that seems to have fallen off the radar: https://www.moneysavingexpert.com/pressoffice/2018/11/household-bills-rising-faster-than-inflation/

Shankers

I used the Aviva/Wealthify Topcashback offer just over a week ago and it didn't track...Not at all impressed, especially as it was advertised on Topcashback as a 'new' offer so I can't imagine people beat me to it. And yes, I know about reasons for cashback not tracking (cookies, etc.) and ensured everything was set up for it to track.