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FAO those that left HL
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Yeah they've managed to lure me back in exchange of cashback! I'd transferred very thing out so they've confirmed I qualify for all their new customer promotions.
The Barclays ISA needed a new home...
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Were any of the funds you transferred out from HL, ever transferred in to get a cashback?
I had the impression that customers transferring in to HL for a cashback, and then transferring out again as soon as the lock in period ended, were blackballed for new promotions.
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I think my HL ISA went to a different provider a while back and now I'm transferring in form Barclays. So I don't know how it can tracked?
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I would think ( for example) my details are still in HL's system somewhere, and marked as someone who took a £1000 cashback and then left them asap ( after only paying about £65 in charges).
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Well I'll be tied in until next March and this pay £150 fee. And I have a secure message confirming my eligibility. So what other confirmation do I need?
I will hold them to it next year if they refuse cashback
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A secure message confirming your eligibility is all you need. I'd be tempted to return but the only transfer out I did that isn't locked up in another cashback deal is one where I'm relying on ISA flexibility.
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Hopefully.
There aren't any other offers on now so I thought I may as well hold part of my ISA with HL and be paid for it! I just missed the freetrade 5 April deadline with this chunk of the ISA
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And that message was exactly what I got from HL here. It's my usual MO anyway, I am suspicious about some of these rinse and repeat transfers, even where they don't explicitly rule you out.
Always better to get a positive confirmation, in response to an innocuous innocent enquiry about the promotion…🤣1
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