Curve to start treating NS&I transactions as "Curve Fronted" from 7th October
in Stoozing: free cash from credit cards
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Just in case anyone missed it, I recently had an email from Curve saying (among other things) that NS&I transactions will be treated as "Curve Fronted" with effect from 7th October.
They are also capping Curve Fronted transactions to £10k per month for Metal customers.
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I have a Curve card but haven't used it for a while. I also have a new credit card (10k) with interest free purchases for 21 months but the purchases have to me made within the first 60 days.
Are there any other remaining good uses for the Curve card?
I was thinking of using it to put £10k into my SIPP. Would this be possible?
Thanks in advance
I was alerted to this possibility by that email. I did as you suggest, and the transaction went through without any issues. However, it is not possible to sell the Bonds until the funds have cleared, and this takes a few days.
And Curve themselves said there was a 1.5% fee back in July. And yet the email implies it starts from last week.