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Scam M&S bond?

PawelK
PawelK Posts: 400 Forumite
Part of the Furniture 100 Posts Name Dropper Combo Breaker
in Savings & investments
Hi.
Email received looking quite genuine and from register@marksandspencersavings.com
Under the link the following page opens to register your interest. Still looking genuine except the interest rate....😂
https://www.marksandspencerbond.com/
«1

Comments

  • Albermarle
    Albermarle Posts: 29,756 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    I doubt that 'marksandspencerbond' is a genuine M & S site .
    Also M&S would not send unsolicited e mails about financial products .
  • jimjames
    jimjames Posts: 19,025 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 17 May 2021 at 11:14AM
    It's a scam. The bond may exist but doesn't have FSCS protection and isn't sold to retail investors with that interest rate.

    Website domain registered 15/5/2021

    If you are getting emails like that beware that you may be on a scammers list
    Remember the saying: if it looks too good to be true it almost certainly is.
  • scooter_
    scooter_ Posts: 12 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    I’ve received this as well. Too good to be true ☹️
  • DrSyn
    DrSyn Posts: 904 Forumite
    Part of the Furniture 500 Posts
    Its a scam.
    The best 5 year savings bond (covered by FSCS up to £85K) = 1.4%
    1. So a 1 year bond = over 5% = Scam!

    2. This bond does not come from NS&I, Bank, Building Society or Credit Union.
    This means it is an investment, so it will not be covered by the FSCS up to £85K, as they tell you = Scam!

    3. The website was created on 15 May 2021.
    Scam detector gives this website a rating of only = 3.6 /100
       https://www.scam-detector.com/validator/marksandspencerbond-com-review/

  • ratechaser
    ratechaser Posts: 1,674 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    edited 17 May 2021 at 1:26PM
    I love how their 'privacy policy' link goes to the SSE website - clearly that was the last scam they were pushing and forgot to update the link with the rest of this (pretty amateur) web page  :D

    Edit: oh yes indeed, and here's the FCA warning about the SSE variant...

    https://www.fca.org.uk/news/warnings/southern-electric-bonds-sse-plc-clone-fca-authorised-firms
  • MDMD
    MDMD Posts: 1,628 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    edited 17 May 2021 at 6:56PM
    Looks like the EDF bond from last week got shut down so they are trying again with M&S!

  • Edi81
    Edi81 Posts: 1,510 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Amateur website considering M&S haven’t used the green colours for some time but the link to the real one is the current black and white
  • MDMD
    MDMD Posts: 1,628 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    This one has now been shut down, it appears.
  • id311299
    id311299 Posts: 42 Forumite
    Third Anniversary 10 Posts Name Dropper
    Watch out, there is another very similar scam likely to become active soon - marksandspencersavings.com - same fingerprints all over it.
  • ratechaser
    ratechaser Posts: 1,674 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    id311299 said:
    Watch out, there is another very similar scam likely to become active soon - marksandspencersavings.com - same fingerprints all over it.
    Are you just putting the finishing touches to the website then?  :D
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