You could spend ages changing your money round trying to chase the better rate. As long as the rate I have is good and I can deposit/withdraw without anything going wrong, Im happy.
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I used to spend ages shopping around for cheap petrol until I worked out it was saving me £2 a month. If I’d used more petrol it might have been worthwhile.
Same with getting an extra 0.1%. If you have enough money it might be worth the effort, but if you have that much money, is it worth it for a bit more?
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Ah, but there’s an app for the petrol which does the shopping around for you now. That can be very worthwhile depending on where you live as there’s often 10p/litre difference.
For the savings, I’m generally fairly lazy. Definite preference for something simple that works. I’ve moved most savings to Zola’s ISA since being flexible, I can use It as a normal savings account taking money out and putting it back in just with no tax issues.
The RAC app does it. I think AA does too.
There’s an app called PetrolPrices, I use Waze.
I think they are both community driven, so tend to be more accurate in busy locations.
The government (if they last long enough) intend to force petrol companies to publish their price data in a way that app developers can collate it sometime.
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Ulster Loyalty Saver is an option if you have £5000+ to keep the same rate
Paid in January rather than monthly though
Yeah, snag is with the community driven ones like PetrolPrices which I use is that they drop stations off the list if they’ve not had reports of pricing for more than a few days.
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Glad I don’t have this issue.
The only upside of being on a variable rate mortgage is that I get to dump my savings in it and save interest at 5.75%.
Costco petrol is very cheap if you’re a member of Costco.
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Account closed within 5 days which is perfect timing for me. All money off to chip isa.
That’s where I fill up. But you have to time it right as the queues can be insane.
Ours has 30 pumps but the line can literally clog up the local area.
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I had one of my payments blocked when moving my money out (understandably, I would be more shocked if they didn’t block it) and the fraud team were really good. It is obviously slightly annoying to get blocked, but I’d rather they did these sorts of checks, made me aware of the possible fraud situations, and then unblock me quickly, than the alternative of fraud being quite a bit easier.
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Been transferring mine out of Santander for the past 3 days. All it asked me was what the payment was for, so I chose the “Transferring to my own account” option (or whatever it says). On the third day (today) it sent me a code via SMS, too.
Got my switching bribe today. Didn’t get any sort of notification, it just appeared.
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Can you set up the DD after you switch?
What do the terms say? They’ll be posted over at the Switching Incentives wiki (not to mention, Santander’s site)
I did some before, then re-read the terms which seem to suggest you set them up from inside the Santander account, so I did both.
At a guess, it’s coming soon…
A bit like the Starling Credit Card. Soon.
But when? Who knows.
It goes to a screen with a notification tick box for me that says ‘get important updates about products and services’.
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Did you get the £185 switch bonus paid multiple times? Had three payments of ‘switch bonus’ today!