The Cashback for Bank or Investment Accounts Discussion Thread

crumpet_man

https://forums.moneysavingexpert.com/discussion/comment/82136992#Comment_82136992

I got the £500 offer earlier in the year and closed the account and opened a new account for this current £100 offer.

I was tempted by the cashback card but I really do not like the etoro interface and can see it causing me more hassle than it's worth for potentially an extra £30 ish of cashback per month for 12 months. I'll close my etoro account when I have cashed out the free share and look forward to another such offer.

moginstein

Looks like my e-toro 90 days is up tomorrow (opened 17 June). I might leave it an extra day to make sure. I agree, the interface is awful, happy to ditch this one (but willing to participate in the future if another offer pops up!

friolento

Did people who got that incentive manage to get this one?

Yes

Gambler

https://forums.moneysavingexpert.com/discussion/comment/82135894#Comment_82135894

I'm new to S&S ISA's.

Don't you have to initiate the transfer from your new provider to keep within the ISA wrapper?

Thanks

winkowinko

https://forums.moneysavingexpert.com/discussion/comment/82137447#Comment_82137447

You do, or rather you should, but I think FL's question was more about which new providers will accept transfers from SF.

Gambler

https://forums.moneysavingexpert.com/discussion/comment/82137455#Comment_82137455

Thanks. I nearly requested a withdrawal thinking it would then sit in cash within the SF ISA but then had my doubts.

SF is on the transfer list for Trading 212.

winkowinko

https://forums.moneysavingexpert.com/discussion/comment/82137460#Comment_82137460

I haven't got as far as wanting to transfer out of SF yet, so i'm not 100% certain whether a withdrawal would go into some kind of holding wallet (still in an ISA), or whether it goes straight into your linked bank account?

Gambler

https://forums.moneysavingexpert.com/discussion/comment/82137466#Comment_82137466

Yes these were exactly my thoughts too. It's only a small amount but I don't want to lose the tax wrapper.

wmb194

https://forums.moneysavingexpert.com/discussion/comment/82137447#Comment_82137447

Depends on whether it's a flexible Isa or not. Contributions can be withdrawn from a flexible Isa in the same tax year as they were made and then won't count to that tax year's contribution limit.

friolento

Charles Stanley Direct cashback offer. I won't be looking into this in any detail as I am just in the process of leaving CSD but have seen that you need to hold your investments for at least 12 months after receiving the cashback. Potentially more hurdles and trip hazards, please check T&Cs thoroughly: https://www.charles-stanley.co.uk/services/invest/diy/online-investing/loyalty/cashback-offer-terms-conditions

EDIT: No idea why the link shows as "Errors page". An omen, may be? 🤣