Best savings account?

bigmike20vt said:
iirc fee is £5 but is refunded if you have 2 direct debits in there (i am planning on converting my current account to one once i close my santander account)
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Yup, the £5 is refunded, and if you have a mortgage with them, you get another £3 a month, so extra £36 on top in a year.

So almost £300 a year. It's basically enough per month to pay for a mobile contract.
 
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I put 4k in to open the account as I'm still shifting the other 1k around and it's getting £16-£17/mo in interest. The £5 from the rewards used to be £5 taken from the account and £7 put into a "wallet" but that's dropped down to £5, the wallet was supposed to be their version of debit card cashback and quidco but the offers were always a bit rubbish for me.
 
dLockers said:
Chase have just pinged an offer. Open a nutmeg account through their app and deposit a grand until 30th June and they'll bung you a hundie.
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tom_e said:
Open a Nutmeg account through the link in your Chase app and pay in £1k before 5th (IIRC) April and then keep at least the minimum amount to keep the account open (£500 for most of them) in there until 30th June then shortly after you'll get £100 deposited into your Nutmeg account.
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Looking into this at the moment. What's the best account (ISA or general investment account)?

If I select investment account, will I be charged a fee or can I hold an amount in the account without selecting an investment option?

And if I choose stocks and share ISA, will this prevent me from opening an S&S ISA elsewhere (i.e. Vanguard?)
 
tom_e said:
Open a Nutmeg account through the link in your Chase app and pay in £1k before 5th (IIRC) April and then keep at least the minimum amount to keep the account open (£500 for most of them) in there until 30th June then shortly after you'll get £100 deposited into your Nutmeg account.
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Which account?

There is General Investment, Stocks and Shares ISA or Junior ISA.
 
Pen66 said:
Looking into this at the moment. What's the best account (ISA or general investment account)?

If I select investment account, will I be charged a fee or can I hold an amount in the account without selecting an investment option?

And if I choose stocks and share ISA, will this prevent me from opening an S&S ISA elsewhere (i.e. Vanguard?)
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Yeah I got a bit baffled by this yesterday and gave up.

Assuming no movement at all, Nutmeg will want like £10 a year on £1000. I went with ISA because I don't have an ISA anywhere else and I don't plan on opening one just yet (although I will start having an issue with £500/year if interest rates keep going up).

I guess we could open an ISA or GIA, invest in mostly bonds so it is as safe as can be, and then just take the £100 in June and run.

I believe you can have as many S&S ISAs as you want, as long as you don't breach the pay-in limits.
 
dLockers said:
Yeah I got a bit baffled by this yesterday and gave up.

Assuming no movement at all, Nutmeg will want like £10 a year on £1000. I went with ISA because I don't have an ISA anywhere else and I don't plan on opening one just yet (although I will start having an issue with £500/year if interest rates keep going up).

I guess we could open an ISA or GIA, invest in mostly bonds so it is as safe as can be, and then just take the £100 in June and run.

I believe you can have as many S&S ISAs as you want, as long as you don't breach the pay-in limits.
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There is a chance that in 2 months Stocks and ISA can drop 10%...it needs £1000 to open, then take £500 back out?

Select the low risk ISA...just in case, i guess that is the best tactic?
 
dLockers said:
I just checked my tracker (@Diddums) and I closed my FD account on 07/09/2016. Maybe they have deleted all record of me? I have a dormant RBS account I could use. Maybe worth a punt!
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Was going to say maybe it's worth a try.
Nothing to lose really. Especially if you have moved house. I guess it would be what they use to ID you. If it's done credit reference agency ID you won't get it. But if its something random you might.
 
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