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DON'T believe the fake ads on Facebook |
Your favourite banking apps - ALL with good cash or spending perks A huge 22m regularly use one. And the top apps come with fee-free spending abroad and/or cashback In our two recent banking-app polls, Starling and Monzo were in the top positions both times. They're app-only banks with debit cards but no branches, and their apps offer the usual features (eg, transferring cash) with added gizmos. Plus they have good perks - as does our polls' next best, NatWest. So if your bank's app-alling, and a good mobile experience matters, here are the accounts with top apps and hot perks. If you don't care about apps, you can get bigger bonuses on traditional accounts, as stated below. And as we always say, switching's easy. Top-rated apps - incl no fees abroad. A huge 70%-ish rated Starling's and Monzo's apps (for Apple and Android) 'great, with lots of features' in Nov and Jun's polls. Starling won one, Monzo the other, with little between them. Both offer gizmos such as spending notifications, letting you freeze lost cards and ring-fencing cash into pots for savings etc. But S tarling wins on perks:- Fee-free abroad + 0.5% interest. Starling* has no spending or ATM fees abroad - most others charge 3%. Plus you get 0.5% AER variable interest on up to £2k, 0.25% on £2k-£85k. Cards come in 3-5 working days and you can pay in cash at NatWest, and cheques by post. - Fee-free spending abroad but with a big cash restriction. Monzo* has no overseas spending fees but is only fee-free on up to £200 per 30 days at ATMs abroad (then 3%). Cards take roughly 3 working days to arrive and you can pay in cheques by post, but annoyingly you CAN'T pay in cash. - There aren't lots of conditions to get these perks (eg, min pay-ins) like traditional bank switch bonuses. You can open, then dump it if not for you - plus there's no hard credit check if you choose no overdraft. See App Banking for more. Next-best app - with 2% bills cashback. NatWest's app, on Apple, Android and Windows, doesn't have the extra gizmos, but it was rated 3rd overall and best of the 'traditional' banks in both polls. Here's its account with the best perk (you have to pass a credit check): - For £2/mth NatWest Reward* gives 2% cashback on council tax, energy, water, mobile, landline, TV and broadband bills paid by direct debit. On what we consider average bills it pays about £65/yr after the fee, £135/yr on high bills. To get the cashback, log in to online/mobile banking every 3mths and pay in £1,500+/mth. Don't care about apps? £185 M&S vchs or top service instead. See Top Bank Accounts, incl how easy it is to switch. |
How to get 10p/litre off Tesco petrol & diesel. Useful as prices are among the highest in 4yrs. See Cheap Petrol. £37 of No7 beauty products for £12. Incl highlighter and eyeshadow palette. Ltd stock. Boots No7 New. £25 cashback when you shift debt to 32mths 0%. Transfer a £100+ balance to this M&S card (eligibility calc / n>apply*) and you're charged a fee of 0.99% of the amount transferred (min £5). But newbies who apply by 31 Aug and transfer by 31 Oct get £25 - which cancels out the fee on sub-£2,525 balances. Always pay the minimum each month and clear the card before the 0% ends or it's 19.9% rep APR. Full info and more options in Balance Transfers (APR Examples). 100+ supermarket coupons worth £100+ incl £2.50 off Krispy Kreme, free iced drink. We've done the legwork as they're harder to find these days. 100+ coupons Driving in Europe this summer? Full help incl equipment needed, insurance, speed limits. See our NEW Driving in Europe guide. |
Revealed: The best time to get home insurance We revealed last week it's best to buy car insurance three weeks before it starts or renews. Today we show it's the same for home insurance. That's based on analysis of 3m+ quotes from Jan-June we requested from the four comparison sites listed below. While 21 days ahead is best, average prices are still good 17-30 days ahead, as explained in our home insurance price probe. Use our cheap home insurance system to save - here are the basics... The biggest savings come from NEVER auto-renewing. Instead COMBINE comparisons to scour 100s of insurers in mins. They don't search identical insurers, nor give identical prices, so combine them three weeks ahead. Our current order's MoneySupermarket*, Compare The Market*, Gocompare* and Confused.com*. See how we rank them. Victoria emailed: "My renewal was £1,481 but via a comparison I paid £294."Then check HOT deals comparisons miss, eg, £50 food vch. Here are the biggies on combined buildings and contents insurance - vouchers can take up to 75 days to arrive: - £50 food voucher from Co-op*. - £40 Amazon voucher via these MSE Blagged Direct Line* or Churchill* links. Plus check prices from Aviva*, as it's not listed on comparisons. More help in home insurance promos. Do you struggle to get cover, eg, your home's prone to flooding? There's full help in our home insurance struggles section, incl a promo from a specialist provider offering a £50 Amazon voucher. Home insurance need-to-knows. - Buildings insurance is usually only for freeholders, contents insurance for all. - Many wrongly insure the home's value. Instead use a calc for the rebuild cost if it were knocked down and cover that. - Don't underinsure contents, thinking you'll never claim it all - you may not get a full payout. |
Urgent. Beat BT's broadband, phone & TV price hike. It's hiking prices on Sun 16 Sep - the perfect trigger to switch if you're overpaying. If out of contract you can leave penalty-free, but if tied in, you must have told BT you're leaving within 30 days from when it notified you, to escape without charge. Some will have missed the boat and while the window's open for others, it won't be for long. Use our Broadband Unbundled tool and see if you can slash costs. Use contact lenses? Trick to get 'em 20% cheaper. See cheap contact lenses. Childcare vouchers scheme closing to new applicants - could be worth £100s. Check if childcare vouchers win for you and slash childcare costs. 'Sunbelievable' sunflower plant £6 delivered (norm £20). MSE Blagged. Can produce 1,000+ blooms. 9k avail. Cheap flowers New. Cheap high-data Vodafone Sims, incl unltd mins & texts + 20GB for '£11/mth'. While these are decent value, they're only for data gobblers, as 4GB costs £8/mth. Over the 1yr deal via these links, Vodafone newbies pay £20/mth for 20G B* or £25/mth for 40GB* - but claim a £110 Amazon vch, and if you'd spend it anyway, they're equiv to £10.84/mth or £15.84/mth. Full help in Cheap Sims. Diary of a Wimpy Kid - code gets 12 books for £11 delivered. MSE Blagged. Norm £18ish. Read all about it |
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AT A GLANCE BEST BUYS
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'We claimed £1,400 for a flight delay in just 24hrs.' Are you owed? We've hit peak travel season and with it a wave of flight cancellations and delays has caused misery for thousands of holidaymakers. But if you've been delayed, the silver lining is you could be owed big compensation. There's full info in our Flight Delay guide with free reclaim tool, which'll help if you've been hit - or you can brush up on your rights in case it happens in future. Here's our checklist: The key flight delay compensation rules. Use our FREE online reclaim tool - don't pay anyone to claim. Our flight delay reclaim tool (in collaboration with complaints site Resolver) uses template letters to draft your complaint, track it and help escalate it to the relevant regulator or resolution scheme if rejected - plus you keep ALL the compensation. Nic claimed for his family: "Using Resolver we were told within 24 hours of submitting the claim that we were due £1,406. Used it towards a holiday to Gran Canaria." And that story's typical as our inbox is bulging with big wins. Is it fair to airlines? Not always, eg, a delay on a £20 flight can cost it £100s. See legal vs moral concerns. Our NEW 'know your rights at the airport' list if you're stuck. Hopefully your holiday is or was hitch-free, but if not, we've a quick run-through on what your airline must do to help, eg, cover food costs. |
Discounted full Sky Sports, £179 for 10mths. Timely with the football season under way. It's via Sky's Now TV streaming service - you don't need a Sky or any other digital TV box - but it's not in HD. It's equiv to £17.90/mth, which is MUCH cheaper than via Sky directly. Cheap Sky Sports MASSIVE PPI WIN - SUCCESS OF THE WEEK: "Finally got round to completing my PPI claim from two banks using your templates. Got £18,500 in total with just a couple of hours' work. Thanks."(Send us yours on this or any topic.) Karen Millen 25% off EVERYTHING code. MSE Blagged. Includes sale, ends Sunday. Karen Millen Free Homebuilding & Renovating Show tickets. 21-23 Sep at ExCel London plus other locations in the coming months. 3,000 pairs avail, norm £8-£12. Homebuilding & Renovating |
THIS WEEK'S POLL When did you last move your savings? Savings rates have crept up slightly since last week's base rate rise. If your savings earn less than 1%, it's time to move (see Top Savings Accounts). Yet we know switching savings isn't everyone's top priority, even though we'd urge you to think again. When did you last move your savings? The majority of MoneySavers use a specialist travel card or cash to spend abroad. In last week's poll, we asked how you usually spend overseas. More than a third use a top travel credit card, which is one of the cheapest ways. Getting cash in advance was popular among under-25s, with four in 10 preferring this method. See full spending abroad poll results. |
MONEYSAVING NEWS - Top story: Ofgem to increase price cap for vulnerable households AGAIN |
MONEY MORAL DILEMMA Should I be compensated for buying work items in my time? I regularly use my cash to buy items I need for work, then claim it back. My employer reimburses me for the cost but not the time or travel. Yet it often takes lots of time, and I pay petrol and car running costs to get them. Enter the Money Moral Maze: Should I be compensated for buying work items in my own time? | Suggest an MMD | View past MMDs THE QUICKIES - Debt-Free Wannabe chat of the week: August's Bring Your Lunch to Work |
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MSE TEAM APPEARANCES (SUBJECTS TBC) |
QUESTION OF THE WEEK Q: I'm selling my house and I have an early repayment charge on my mortgage. This is unfair as I'm not moving to another mortgage but paying mine off. Is there any to avoid it? David, via email. MSE Sarah G's A: This is a common charge - unfortunately part of most mortgage contracts - that can be levied when you pay off the home loan before the end of a fixed or tracker period, whatever the reason. So sadly there's probably not much you can do about it. Yet it's worth chatting through your circumstances with your existing lender and a good mortgage broker in case it's a hefty charge that could be avoided. For instance, if you're buying another home, you may be able to transfer your existing mortgage to that property (known as porting), rather than repay it and incur the early repayment charge. Not all mortgages are portable though, and you would of course still pay interest if you kept the mortgage, plus other fees to move it, so carefully check it adds up in your favour. See our Cheap Mortgages guide for more help. Please suggest a question of the week (we can't reply to individual emails). |
'I HAVE A STASH OF PUREES AND JAMS FROM 2012 WHICH ARE STILL FRESH' That's all for this week, but before we go... preserving seems to be a big hit on the MSE Forum and MoneySavers are discussing the benefits of this way to reduce wastage and stock up for less. One of our favourite responses is a stash of purees and jams which are still lid-popping fresh - from 2012. Are you a preserving enthusiast? Share your treasures in our preserving forum thread. We hope you save some money, |
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