The Cashback for Bank or Investment Accounts Discussion Thread

winkowinko

https://forums.moneysavingexpert.com/discussion/comment/81917813#Comment_81917813

I'm maxed out for 25/26, so the only option would be a transfer (if they allow it), but 4 months of 3.25% for the sake of £50 just isn't worth it.

OwnedByACat

New customers to Trading 212 can get £50 in shares via MSE by investing £100 in an S&S ISA

https://www.moneysavingexpert.com/savings/stocks-shares-isas/#trading212

s71hj

Well I'm trying to do the XTB Free shares offer and when it come to the identity document it just repeatedly says "connection lost" with both driving licence and passport so I can't get any further. Anyone else had this?

TheBanker

Ha anyone actually received the Cahoot Topcashback? Mine was opened in December, and has gone to Confirmed but not payable yet. The Santander account I opened on the same day was paid ages ago.

Metrocammell

I also opened Cahoot in December, same situation as you, shows as confirmed in topcashback, both simple saver and SDS.

thefrank

https://forums.moneysavingexpert.com/discussion/comment/81919675#Comment_81919675

Cahoot took a bit longer for me, but in the end was paid. defo longer than Santander, so you'll have to wait

clairec666

https://forums.moneysavingexpert.com/discussion/comment/81919675#Comment_81919675

Yes, mine paid out really quickly which was a nice surprise! Timings all seem a bit random. Cahoot and Santander were both really quick, but HSBC took ages (about 4 months).

Mamma2004

The Shepherd's Friendly offers on Quidco look pretty good atm.

I went for £150 cashback for an Investment ISA, with a monthly DD of £30.

Ts & Cs show that it will be approximately 5 months before CB is confirmed.

OwnedByACat

Couple of new ISA offers to add to the Zopa one, will add them to the list when I have time

https://www.lloydsbank.com/isas/cash-isas/cash-isa-offer.html

https://www.hsbc.co.uk/campaign/isa-cashback/

There's also a Monzo one but I don't know whether there's a link or if it's just in-app

Rich2808

https://forums.moneysavingexpert.com/discussion/comment/81920974#Comment_81920974

Sometimes you have to add some scepticism around certain offers.

Take the Lloyds one - they offer you £150 if you transfer in £25,000 into a cash isa. That is equivalent to an annualised interest rate of 0,6% - albeit I accept you need to keep the funds with them only for six months. That percentage 'rate' is lower for higher transfers - at £49,000 that falls to only 0.3%..

Their one year and two year fixed rate isa pays only 3.25% - Nationwide are currently paying 4.05% and Tesco 4.2% for one year fixed rates. Some others pay more. So a difference of 1%.

Lloyds top paying advantage ISA (instant access - limited to 3 withdrawals - before the rate goes down) pays only 2.75% but is for certain premium current account customers only. Their no frills instant access ISA pays only 0.75% rising to 1% for higher balances. Again plenty of providers paying over 4% - some even 4.5% for instant access ISAs.

Their incentive is nice - but the rates they offer are poor in comparison to the wider market. So you would in most cases be much better off actually getting a better rate elsewhere - and certainly so if you want a fixed rate product!