Money Saving Tips

Eggs · December 15, 2022

….old fella cutting my hair this morning said he lives in a Knowsley Council house. A month or so ago he answered a knock on the door and a bloke said he works for an energy saving company working with the Council & asked if he could survey his house.

He surveyed the house & he’s ended up with solar panels, new triple glazing, a new front door & is having his loft insulated next week. The bloke told him, he was the only tenant that morning who agreed to the survey. i suppose most folk thought he was trying to sell something, although if the council was pushing it, you’d think they’d advertise it more.

Anyway, if you rent a council house in Knowsley, it might be worth looking into.

PhilM · December 15, 2022

Barclays are currently offering 5% AER savings up to £10,000 if you’re a blue rewards member, which is basically paying £5 to get £5 back.

It’s paid monthly and you can access the money at any time, as much as you like, without being penalised.

summerisle · February 22, 2023

IrishBlue2022 · February 23, 2023

I mentioned this in another thread:

For anyone on benefits there are social tariffs with suppliers which can reduce the cost of your broadband. I
Contact your supplier to see if you are eligible.

IrishBlue2022 · February 23, 2023

Free £5 if you download and sign up to the Asda app and do a 'food' shop before the 28th of February. No minimum spend requirement for your shop to qualify.

Lidl giving away £5 through their app when you spend £25 or more until the 28th of February.

EFC_FRANCIS · February 23, 2023

Not a money saving tip per se but switch bank accounts regularly. Banks will pay you £100-£200 for you to join them so if you've stayed loyal to one current account it's generally better to move around or to have a second account dedicated to just switching around and hoovering up offers. Natwest have a great offer atm.

Charro · February 23, 2023

EFC_FRANCIS said:
Not a money saving tip per se but switch bank accounts regularly. Banks will pay you £100-£200 for you to join them so if you've stayed loyal to one current account it's generally better to move around or to have a second account dedicated to just switching around and hoovering up offers. Natwest have a great offer atm.

Does this impact your credit score?

IrishBlue2022 · February 23, 2023

Charro said:
Does this impact your credit score?

It will show up as a hard search on your credit report. The advice is to open a dummy account, do a seperate account that you use to switch. That way you keep you main account as one thing that is a positive on your credit report is being with your bank a long time.

If you have nothing come up in the next few months (Mortgage, financing a car etc.) then you will be fine. If you do have anything coming up i would be cautious to have too many hard searches.

But in terms of your report, credit agencies won't really be too worried that you switch bank account.

EFC_FRANCIS · February 23, 2023

Charro said:
Does this impact your credit score?

It does slightly hurt it but I think it's either only a short term hit or a minimal hit on your credit score.

Think the bigger impact is if you are applying for a mortgage or a loan in the near future the banks won't really like your account getting switched. So there are some pros and cons like depending on your situation