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Premium Bonds - inheritance
Whilst dealing with a relative's estate, I came across some premium bonds that were held by a distant relative who died many years ago. It appears that the holder's husband never contacted NS&I when she died. He subsequently died and again his executors never contacted NS&I. Neither did any subsequent beneficiary (under…
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Plum problems
Been happily using Plum for auto saving for several years. Save over £5k with no issues. I recently (22nd June) moved some money from one Plum account to another to then move to my current account. The money left plum account B and is showing in plum account A but has not cleared. I've contacted Plum 3 times now and each…
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Closing Nationwide Flex Regular saver, will I get any interest?
I open a Nationwide current account around 6 months ago and opened their Flex Regular Saver Issue 2 where I'm depositing £200 per month; interest will be paid after 12 months. I now want to take advantage of the Santander switch offer (and will open their Santander Edge saving account). If the Nationwide saving account is…
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Safe investments for elderly relative's savings.
An elderly relative has his entire savings split between: a) a current account (£75k), and b) an easy-access deposit account (£72k) c) premium bonds (£50k). He wants advice on where best to put that current-account balance in particular, but also whether the others should be moved elsewhere. Can anyone offer some…
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Chase Saver Account - 1% boost to 5.1% until November.
I just had this pop-up... Need to open a new Saver Account - can't seem to apply to existing Easy Access.
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Can someone explain Virgin Money's confusing dual system?
I have Virgin's Current and M Saver accounts which I can view and transact with on the Virgin Money app. I have Virgin ISAs which require a web login with different credentials. I've just opened a Cash ISA Exclusive and this is showing in the app? The two systems don't seem to interact. Is this a legacy systems/ Clydesdale…
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Savings interest tax calculation confusion
If any brainy types could help me understand this I would be most grateful. I was playing around with the self assessment calculator to see if I could understand how it was worked out, but I'm a little confused about the following. So, say savings interest in a year was 1380 SIPP contribution 24,750, raising Basic rate…
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Certificate of interest storage
Hi, Just wondering how you deal with all the certificates. Print out and put in a folder, download PDF documents and store on a USB stick? Guess easy with only a few accounts but I've opened quite a few savings accounts so it's a fair view. That would be a lot of paper if printed and a total waste. The question is more…
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Bank account help
Hi. I'm just about to take a £19, 000 lump sum from my pension (early). I need to use up to £300 per month of it to top up my monthly income. Obviously I won't be able to put any money into the new account. What is the best option for me to be able to do this, please.
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Recommendations for Teens
Hi I've never really had any savings so I'm looking for some guidance please. My son will be 18 later in the year and will receive £10,000 (gift from Grandparent). He's not going to Uni and intends to live at home for the foreseeable whilst doing an apprenticeship. He's keen to save what he can. My husband and I are…
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What to dox with 60k
Hi. I`m 63. I have a 20k cash ISA and 60k in a normal fixed 1 year savings account (matures in August). I don`t have a pension account that I pay into and am now retired living of a 5 year annuity paying 28k annually. I also have a guaranteed "fixed" pension "pot" with a maturity value of £412k with Canada Life (which I…
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Why are Building Societies so rigid on KYC
I applied for a YBS account a few months ago but although I have several open accounts with them that I was depositing to monthly and had had some closed accounts with them and have been in my current home for 50+ years and can easily check my position on TransUnion and Experian via apps with banks and credit cards that I…
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MSE News: NS&I launches 'British Savings Bonds' – but you can get better rates elsewhere
NS&I has launched its 'British Savings Bonds' – three-year fixed rate savings accounts first announced by the Chancellor in his Spring Budget last month. But they'll only pay 4.15% AER – a rate you can easily beat elsewhere. Read the full story: 'NS&I launches 'British Savings Bonds' – but you can get better rates…
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TSB Monthly Saver
I read from the TSB and MSE website that this account only gives 6% for the first year. If we had this account few years ago, are we allowed to open another one, with the hope of 6% interest rate per annum? Thank you.
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Tandem withdrawal delay
Anyone experiencing one? It’s been about 4 hours - usually takes less than an hour. I know they say it can take a day but never been that long for me
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MBNA (Lloyds) Savings Account
Following this website's guidance, I have just opened a fixed term (1 year) savings account with MBNA . I have not made a a deposit just yet but just wanted to confirm that this account is managed on the phone only (not online) and the account name is listed as MBNA Savings (and not in my own name as I presumed)? Is this…
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Saga shares
Hello all in 2018 I had 567 saga shares now apparently I have zero I've just emailed saga shares to explain it all to me in english but wondered if anyone here can explain. I don't understand any of it. Help
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How to sell shares?
I got some company shares years ago (have since left the company) but need to raise some money so want to sell them. I've Googled but I can't find a definitive description of HOW to do this. There are lots of links to Apps and Companies but nothing that tells me what the steps are and if I would even be eligible to follow…
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Quilter
Hi Just wondering if my Pension charges sound to high for a quilter via Pensionlite currently charging overall 1.45 % annually . Appreciate advice please
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Plum free £25 for saving £500 for 6 months.
Hi all, I've just spotted this offer on the homepage. Has anybody used a similar offer in the past? Clicking through simply takes you to the app store to get the app. I've installed it and created an account but there's nothing I can see relating to the £25. So I am assuming it is working via some sort of tracker / referal…