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16 Years Old - Best Account?

2

Comments

  • skyrider007
    skyrider007 Posts: 1,108 Forumite
    You'd earn more interest in the A&L21 account. Leave £10 or something in HSBC. You won't get overdraft or any credit facility until you turn 18.
  • DailyClicker
    DailyClicker Posts: 534 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Thanks!! =)

    How often do I get paid interest in A&L? Is it monthly? How can I work out roughly how much I would get?

    =)
  • Thanks!! =)

    How often do I get paid interest in A&L? Is it monthly? =)

    yup monthly
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Fill out an R85 form to get tax free interet.... (if you earn under your personal allowance, which it looks like you do if you are earning under £300 a month)
  • sophie131
    sophie131 Posts: 853 Forumite
    Yay! I just applied for this, one question though, does the cash back show automatically straight away or not? Really worried I did something wrong!
  • DailyClicker
    DailyClicker Posts: 534 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Takes a day or so =)

    Don't worry! I'm sure it will track for you as well!
  • sophie131
    sophie131 Posts: 853 Forumite
    I hope so, never used that site before! Also, you know you get the visa debit card with it? Can you use that card on sites like Travelodge and the like, all the ones with a Visa sign?
    Only because my useless Solo card is accepted nowhere!!
  • DailyClicker
    DailyClicker Posts: 534 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    I have earnt £297 from Quidco in the past year =)

    Amazing website!!!

    I have exactly the same problem, wanted to book a Traveloge room with my HSBC Solo card, but wouldn't allow me.

    I'm sure this Vista Debit card will be accepted in more places though =)
  • sophie131
    sophie131 Posts: 853 Forumite
    Doh, did you do it through Quidco? I went through cashback king....
  • DailyClicker
    DailyClicker Posts: 534 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Yeah!

    Ohhhh that's alright though still. How much were they offering?

    Quidco was doing £50 cashback for a Premier 21 account.

    =)
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