oik
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Post by oik on Oct 31, 2015 19:07:08 GMT
I rapidly closed a regular savings account with Nationwide, paying 5% on an accumulated £22K, when I discovered that if I dared to withdraw a pound instead of shuffling in the required 1K in a month I would be docked a month's interest on the entire balance of the account. Losing the interest on that which one withdraws is common enough, but losing the interest on the remaining full balance is beyond the pale. And IIRC, closure needs to be carefully timed too to minimise the effect of the interest rate dropping to the minimum during the month of closure. This savings and investments lark has become awful complicated On which point, we have 7 direct debits in total, so have 3 that we could migrate to other current accounts - I don't want to open any more Santander accounts (ie a joint and two singles), as we would then be over the £75K protected total (including some cash ISAs). Though how big a risk is there of Santander failing completely (and thus potentially losing maybe £20K of unprotected cash) against other, riskier, options? So, any suggestions for further current current account homes for a bit of cash? Lloyds best rate is what, 4% for £5K max with a monthly fee of £5 with two direct debits - anything around with a higher limit? Paragon Bank savings rates aren't too bad, for general retail banking... but not close to P2P or high paying current accounts. Dermot Not both higher rates limits and higher limits that I can think of. There's 5.0% on both TSB and Nationwide currents but lower limits. (There's also a £125 sweetener for switching until Monday at TSB and £100 through a referral deal at Nationwide - with no time limit. Cashback on contactless debit card payments at TSB.) At BOS you can/could have 3 accounts holding up to £5k each, so £15k, at 3.0%. You could also add a Halifax which operates from the same BOS login for an extra fiver a month even with a zero balance and also pays a sweetener for switching - as do several other providers at the moment. Tesco pays 3% limited to £3k a month per account - is/was a 2 account limit. You can set up as many DDs as you need with a Tesco savings account. I know many would say differently, but I personally don't worry too much at having a few pounds over the FSCS limit, especially in an instant access internet account. I give more weight to only banking where I won't need to rely on any bailout. (I kept well away from the Icelandic banks backed by a country with a population the size of Croydon.) If the loss of that amount would financially cripple you then the position would be different.
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oik
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Post by oik on Oct 31, 2015 19:15:49 GMT
Lloyds best rate is what, 4% for £5K max with a monthly fee of £5 with two direct debits ...
.... and there are other perks which I ddn't actually want, but had to choose one, so I get "free" Gourmet Society membership, and I have only used it once; my banana supplier refused a discount.
Shame. If you could fit in the seats you could choose 6 free Vue cinema seats instead.
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Oct 31, 2015 19:45:05 GMT
Lloyds best rate is what, 4% for £5K max with a monthly fee of £5 with two direct debits ...
.... and there are other perks which I ddn't actually want, but had to choose one, so I get "free" Gourmet Society membership, and I have only used it once; my banana supplier refused a discount.
Shame. If you could fit in the seats you could choose 6 free Vue cinema seats instead. He can get cheap cinema tickets with Gourmet Society anyway.
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jonah
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Post by jonah on Oct 31, 2015 20:09:22 GMT
Shame. If you could fit in the seats you could choose 6 free Vue cinema seats instead. He can get cheap cinema tickets with Gourmet Society anyway. This I didn't know. Google lead me to here www.gourmetsociety.co.uk/news.php?title=25_off_cinema_ticketsBut it doesn't say which cinemas / chains. Anyone able to clarify?
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oldgrumpy
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Post by oldgrumpy on Oct 31, 2015 20:11:19 GMT
I didn't know either. Shows how often I have checked the restaurants since last January! Looks like you log in then check which cinemas participate.
Looks like my card ran out in May. Maybe the Lloyds "sweetener" was only for one year then I'd have to pay £69.99 pa. I'll have to aslk them, because the card was issued by LLoyds with their logo on it.
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oik
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Post by oik on Oct 31, 2015 20:28:20 GMT
Looks like my card ran out in May. Maybe the Lloyds "sweetener" was only for one year then I'd have to pay £69.99 pa. I'll have to aslk them, because the card was issued by LLoyds with their logo on it. I got an email after 11 months saying I had a month to change my choice and otherwise the existing chioce would be renewed.
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jonah
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Post by jonah on Oct 31, 2015 20:29:44 GMT
I didn't know either. Shows how often I have checked the restaurants since last January! Looks like you log in then check which cinemas participate. Looks like my card ran out in May. Maybe the Lloyds "sweetener" was only for one year then I'd have to pay £69.99 pa. I'll have to aslk them, because the card was issued by LLoyds with their logo on it. The club lloyds lifestyle bonuses are annual. You have to ask for them, but you can get another one, either the same or another one, each year. Mine should be getting a group into see 007 tomorrow
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Oct 31, 2015 20:43:48 GMT
Odeon, Cineworld, indies like Picturehouse, Showcase. Standard tickets except Cineworld who offer 3D as well I think, might even get discount on Unlimited membership. 10 per month cummulative for everything except Odeon which is 15/month. Also get 10 concession vouchers a month. About 40/35% off
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Post by uncletone on Oct 31, 2015 22:06:48 GMT
The AA calls a membership of the Gourmet Society "AA Dining Club". It is just a rebadge of the full membership. Except the AA gave me a free 12 month trial, followed by £29.99 a year membership fee. As I share a pub lunch with the child bride most weeks, and usually save five or six quid, I am very happy with the arrangement. Taking the two kids (number three finds the cost of travel from Holland a little much for a dinner) out for a celebration slap-up dinner practically covers the membership fee in one hit!
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oldgrumpy
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Post by oldgrumpy on Nov 1, 2015 10:09:23 GMT
Just found my 2015/2016 card ... on the table (among the junk) where I opened the letter in May! Ah! nothing on the website about cinema tickets now despite it being mentioned on another web page.
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Nov 1, 2015 10:46:56 GMT
Just found my 2015/2016 card ... on the table (among the junk) where I opened the letter in May! Ah! nothing on the website about cinema tickets now despite it being mentioned on another web page. Should be on left, halfway down on page after log in. Its very hard to find again once youve gone elsewhere on site for some reason
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oldgrumpy
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Post by oldgrumpy on Nov 1, 2015 11:06:16 GMT
Just found my 2015/2016 card ... on the table (among the junk) where I opened the letter in May! Ah! nothing on the website about cinema tickets now despite it being mentioned on another web page. Should be on left, halfway down on page after log in. Its very hard to find again once youve gone elsewhere on site for some reason Mmm! All I get is this: (no cinemas in "more offers") Attachments:
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oik
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Post by oik on Nov 1, 2015 11:19:00 GMT
Life was so much simpler when we only had green shield stamps to worry about.
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