brad
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Post by brad on Sept 19, 2016 19:15:24 GMT
On Nov 1st the rate on Santander 123 accounts goes down from 3% to 1.5%. I anticipate a wall of money looking for another home and some of it heading this way so if anyone is thinking of adding to QAA they might be advised to get it in before then. i doubt that AC have enough loan capacity to increase the cap by much. or maybe the 30day account If it was coming it should already be arriving, or already here. Bank of Scotland now requires 2 D/D's for each account since the 1st Sept. That leaves a lot of £30k's looking for a home as 12 extra D/D's is too much for most people.
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nush
Member of DD Central
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Post by nush on Sept 19, 2016 19:26:36 GMT
or maybe the 30day account If it was coming it should already be arriving, or already here. Bank of Scotland now requires 2 D/D's for each account since the 1st Sept. That leaves a lot of £30k's looking for a home as 12 extra D/D's is too much for most people. tesco internet saver and tesco instant access saver both take DDs so they are easy to sort out
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mikes1531
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Post by mikes1531 on Sept 20, 2016 14:58:38 GMT
i doubt that AC have enough loan capacity to increase the cap by much. There's £34.5M in the QAA/30DAA at the moment. Do we have any idea what the cap is?
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SteveT
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Post by SteveT on Sept 20, 2016 15:05:06 GMT
There's £34.5M in the QAA/30DAA at the moment. Do we have any idea what the cap is? AC is looking more and more like a bank by the day ...
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Post by bobthebuilder on Sept 20, 2016 23:53:24 GMT
i doubt that AC have enough loan capacity to increase the cap by much. There's £34.5M in the QAA/30DAA at the moment. Do we have any idea what the cap is? Just out of curiosity, where does your figure of £34.5M come from? I can't find it anywhere on AC's website.
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Post by pepperpot on Sept 21, 2016 0:45:04 GMT
There's £34.5M in the QAA/30DAA at the moment. Do we have any idea what the cap is? Just out of curiosity, where does your figure of £34.5M come from? I can't find it anywhere on AC's website. Dashboard, click show more> on both the QAA and 30DAA and add the 'Total account investment' figures together. £34613996 as I write, interestingly almost an exact split between the two.
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mikes1531
Member of DD Central
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Post by mikes1531 on Jan 28, 2017 17:10:25 GMT
i doubt that AC have enough loan capacity to increase the cap by much. There's £34.5M in the QAA/30DAA at the moment. Do we have any idea what the cap is? Just out of curiosity, where does your figure of £34.5M come from? I can't find it anywhere on AC's website. Dashboard, click show more> on both the QAA and 30DAA and add the 'Total account investment' figures together. £34613996 as I write, interestingly almost an exact split between the two. In case it has escaped people's notice, the QAA/30DAA balance has exceeded £50M. (It's £50.4M as I write this.) I don't know what the total of AC's loans outstanding is at the moment, but a goodly chunk of that would appear to be funded by this brilliant AC invention. As a side note, it looks like SS may be about to launch something similar. They've released no details yet, so when it finally appears it may turn out not to be similar at all.
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jonah
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Post by jonah on Jun 18, 2017 8:23:24 GMT
The QAA is down to 19m currently. 30 day account is 24m. Of more note from my perspective, the queue for the QAA is back, so swept cash is no longer all getting interest  No idea why the account cap has been dropped... any theories? |
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Post by ogwellian on Jun 18, 2017 8:41:38 GMT
The QAA is down to 19m currently. 30 day account is 24m. ....plus another £26m in the 30 day 4.75% promotion account.
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n
Member of DD Central
Yet another Nick
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Post by n on Jun 18, 2017 9:08:59 GMT
The QAA is down to 19m currently. 30 day account is 24m. Of more note from my perspective, the queue for the QAA is back, so swept cash is no longer all getting interest No idea why the account cap has been dropped... any theories? All my swept cash is currently in the QAA (but it would only change by tiny amounts). I am seeing £19,606,510 total account investment. How do you get to see the cap?
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Post by stuartassetzcapital on Jun 18, 2017 9:27:29 GMT
The cap hasn't been reduced and is c £80m I understand so there should be no queue for investment - will get checked
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jonah
Member of DD Central
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Post by jonah on Jun 18, 2017 9:50:22 GMT
The cap hasn't been reduced and is c £80m I understand so there should be no queue for investment - will get checked According to my dashboard, there is at least 276k queuing. That said, I guess 'filling' an 80m account should really be seen as a compliment on AC!
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jonah
Member of DD Central
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Post by jonah on Jun 18, 2017 9:52:01 GMT
The QAA is down to 19m currently. 30 day account is 24m. ....plus another £26m in the 30 day 4.75% promotion account. Fair point, I can't see this as I didn't invest. 
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Post by stuartassetzcapital on Jun 18, 2017 11:41:41 GMT
Actually cap currently £100m
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IFISAcava
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Post by IFISAcava on Jun 18, 2017 12:35:38 GMT
I have uninvested money in MLIA/GEIA that remains unswept and in a long queue for the QAA. Don't remember that happening before.
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