Soldato
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Best savings account?
- Thread starter Merlin5
- Start date
Soldato
Soldato
Chip have increased the Instant Access Account to 3.71% AER
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Soldato
That is decent might have to love My savings again, Marcus have gone to 3.3% this week buy that extra will make a difference and it’s only a few minutes effort to move it!
Soldato
- Joined
- 13 Sep 2005
- Posts
- 4,334
Chase sorely lacking now. Come on guys!
Soldato
Was gonna spend a bucket load on some holidays but staying put for while .
Other than Your accounts where’s the best place for it - 20K .
Other than Your accounts where’s the best place for it - 20K .
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Yep, I dont mind 0.1 / 0.2% differences but that's 0.6% behind now!
Soldato
Shawbrook have raised my instant access ISA rate to 3.5%
Soldato
How do you guys move large sums quickly between savings accounts?
I normally drop feed up to the withdrawal limits until it's all moved across...is there is a faster way?
I normally drop feed up to the withdrawal limits until it's all moved across...is there is a faster way?
Caporegime
What’s the URL for chip? I search for it, ignoring the Sponsor links, first result is
www.getchip.uk
Is this the right one?
Compare Our Best Savings Accounts | Chip
We offer a variety of savings accounts which are all accessible on our savings app. Choose the right savings account with Chip today.
www.getchip.uk
Is this the right one?
Soldato
Yes that's correct.What’s the URL for chip? I search for it, ignoring the Sponsor links, first result is
Compare Our Best Savings Accounts | Chip
We offer a variety of savings accounts which are all accessible on our savings app. Choose the right savings account with Chip today.
Is this the right one?
Soldato
That's about the only way unless you go into the bank branch and request it, but even then I think there would be a floor limit.
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Caporegime
Chips doesn't ask for any ID verification when opening the account, is it normal?
Soldato
I've noticed with a few of these accounts that I've opened recently that you can only fund and withdraw to a nominated bank account, and my understanding is that this is a way for the provider to reduce the level of checks they need to do for money laundering?
I don't have a Chip account so not sure if it's the same setup?
Where is the information on this in bold? I've just done the questionnaire below
Check if you need to send a Self Assessment tax return
Use this tool to find out if you need to send a tax return for the 2023 to 2024 tax year (6 April 2023 to 5 April 2024).
and it said I don't need to do a self assessment form... I'm a basic rate tax payer, but will earn over £2839 in interest if the rate of Zopa stays at 3.34..
Soldato
Where is the information on this in bold? I've just done the questionnaire below
Check if you need to send a Self Assessment tax return
Use this tool to find out if you need to send a tax return for the 2023 to 2024 tax year (6 April 2023 to 5 April 2024).www.gov.uk
and it said I don't need to do a self assessment form... I'm a basic rate tax payer, but will earn over £2839 in interest if the rate of Zopa stays at 3.34..
Tax on savings interest
You do not pay tax on your savings interest if you're on a low income.
The threshold for basic rate is £1,000 and you're above that.
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Soldato
Where is the information on this in bold? I've just done the questionnaire below
Check if you need to send a Self Assessment tax return
Use this tool to find out if you need to send a tax return for the 2023 to 2024 tax year (6 April 2023 to 5 April 2024).
and it said I don't need to do a self assessment form... I'm a basic rate tax payer, but will earn over £2839 in interest if the rate of Zopa stays at 3.34..
Personal Savings Allowance - most people can earn up to £1,000 in interest without paying tax on it
Tax on savings interest
You do not pay tax on your savings interest if you're on a low income.
Personal savings allowance
From April 2016 all basic-rate taxpayers can earn £1,000 tax-free on savings interest. We explain how the new Personal Savings Allowance affects your ISA.
www.moneysavingexpert.com
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Don
What I believe is supposed to happen is that the bank tells HRMC and HRMC adjust your tax code to claw back the tax that's due.Where is the information on this in bold? I've just done the questionnaire below
Check if you need to send a Self Assessment tax return
Use this tool to find out if you need to send a tax return for the 2023 to 2024 tax year (6 April 2023 to 5 April 2024).
and it said I don't need to do a self assessment form... I'm a basic rate tax payer, but will earn over £2839 in interest if the rate of Zopa stays at 3.34..