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The Cashback for Bank or Investment Accounts Discussion Thread
Comments
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Thanks. I applied for Offer 1 (the Santander Everyday Current Account) last night via TopCashback, even though TC isn't among the comparison sites listed as being necessary to go through in order to receive the Amazon voucher. The new account was set up in minutes and the application tracked immediately for £20 cashback (pending). Also received a registration confirmation email from Vouchersent straight away.
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Same here:-)
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A quick note that it looks like the Cahoot cashback offers have been removed from TCB.
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and Quidco.
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Cahoot Cashback
I wish they'd hurry up and pay!
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Unsure if already posted. TCB has a Fidelity offer. Up to £400/2% in cashback for new customers opening and funding S&S ISA with new money.
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£7.50 per month service fee applies, and tcb says hold for 3 months. £7.50 per trade, so account for at least £30 in fees.
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For info, adding a monthly regular payment (£25 min) means that the £7.50 monthly service fee isn't applied. Of course, it means adding a bit more money into the ISA whilst awaiting the cashback.
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If you go for the £25 monthly, I think the max bonus would be £200, as the £400 seems to require the entire annual allowance to be deposited in one go. It’s also unclear whether you need to make any trade (at £7.50 a go) to be considered to “stay invested” for 3 months. What do people think, would we need to trade?
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Fidelity calculate the fee on the total value of your investments, and use a cash management account where the fees are first extracted from. I believe it would be fine to set up a GIA and pay £25 pcm into that instead (if maxing out the ISA sub). Or a SIPP. They will sell investments to pay for fees if there isn't enough funds in the cash management account to cover them.
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