Chetwood Financial services

4Stockfield

Is this safe up to £85000. They have a Smartsave account

dunstonh

There is no company on the FCA register called Chetwood Financial services.   There is a company called Chetwood Financial Ltd.  That company does hold deposit permissions.

With the number of cloning scams that are going on at this time (where scammers use a similar name to a real authorised entity), you need to make sure you are dealing with the real company.

barnstar2077

If there is any doubt, do not risk it!

Zanderman

(edited as I mis-read Dunston's post!)

Chetwood Financial Ltd (not Services) have a website called https://smartsavebank.co.uk/ which claims to offer savings accounts covered by fscs.  
They were described as a best buy a year ago https://www.thisismoney.co.uk/money/saving/article-7209785/SmartSave-launches-table-topping-one-year-fixed-rate-savings-account.html
Now their opening pages states:

Our great rates have been snapped up!

We’re not offering Fixed Rate Saver accounts to new customers right now but don’t worry, we’ll be back soon.

In the meantime, you can take a look around our website to learn more about our savings accounts.

This link https://smartsavebank.co.uk/1-year-fixed-rate-saver/ opens a page with a 1.01% Fixed Year Saver dated 5th June 2020 - but states it's no longer available.

So Chetwood seem genuine - but If the OP has contact with someone claiming to be Chetwood and offering 'great rates' at the moment they may well be being scammed.

george4064

Sounds like a fraudulent scam just from the company’s name.

colsten

I had a Smartsave account between March 2019 and March 2020. They are a perfectly proper outfit. The only reason I am no longer with them is that I could get better interest rates elsewhere.

I don't think they have anything to do with "Chetwood Financial Services", who might well be a cloning scam.

AnotherJoe

OP, how did you come across them ?

Sorcerer2018

Their offices are down the road from where I work, so if they take your money i will go over and have a word 

Zanderman

Sorcerer2018 said:

Their offices are down the road from where I work, so if they take your money i will go over and have a word 

The offices of Chetwood Financial Ltd? Who are, as several people have confirmed, a completely legit firm.
Or the offices of the (alleged) possible scammers 'Chetwood Financial Services'? 
I'd be surprised if you know where the scammers office is. 

Sorcerer2018

Zanderman said:

Sorcerer2018 said:

Their offices are down the road from where I work, so if they take your money i will go over and have a word 

The offices of Chetwood Financial Ltd? Who are, as several people have confirmed, a completely legit firm.
Or the offices of the (alleged) possible scammers 'Chetwood Financial Services'? 
I'd be surprised if you know where the scammers office is. 

Chetwood Financial Ltd are next door to me, yes. Chetwood are a Fintech company who have an APP which you download and you manage your money entirely through the APP. ( i guess for millennials who spend all their time on phones). I am old fashioned and use a website :-:wink:
No idea who Chetwood Financial Services are.
https://www.chetwood.co/

ColdIron

.co is the top level domain for Columbia