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Jun
27
2007

Archive: MoneySavingExpert's Money Tips Email

27 June 2007: £10 RAC cover, 5,000 free Nectar Points, 10% extra holiday cash and much more MoneySaving...
This info may be out of date. Read this week's emails

Grab the latest deals, guides, tips 'n' tricks directly from Martin and the MSE team. Don't miss out

Get 10% more holiday cash,
RAC for £14,
Up to £50 of free Nectar points,

And much, much more MoneySaving...

Warning! HSBC ends 0% overdrafts for recent graduates. HSBC has just announced it won't offer interest free overdrafts to those now finishing their degree courses; instead it'll charge nearly 10%. If you've got an HSBC student account there's nothing stopping you switching bank to get an interest free graduate overdraft elsewhere; the best lasts three years. The banks are in the process of announcing this year's graduate packages, once they're all in (most likely next month), I'll assess them and pick the winner. Full details, as always, will be in this e-mail.

Let's stick together and beat the banks! A recent No.10 report cited the site as a model of citizenship and of a similar scale to a trade union. I rather like the idea that together we're a 'Consumers' Union' beating back big institutions and saving each other money. Please help spread the word, by suggesting people add themselves to this e-mail's distribution list at moneysavingexpert.com/tips

MARTIN'S MONEY MUTTERINGS
A video/audio commentary on this e-mail

THIS WEEK INCLUDES: Ssssh don't tell the mobile companies!
Plus holiday cash boost - yippee!!!

AUDIO
Podcast / Listen: Hi/Lo / Download: Hi/Lo (help)



The Ones Not To Miss
MSE


New Tool. Free Travel Money Maximiser: Boost holiday cash by over 10% in seconds
The new (free of course) Travel Money Maximiser whizzes round all major online holiday foreign currency providers to find you the best deal including all fees and commission; the difference between best and worst can be over 10%! So, whether you want to eat out with colons in Costa Rica, use ringgits for phone calls from Malaysia or do whatever with your dong in Vietnam - you'll have more of them to do it! New Tool: Travel Money Maximiser Updated Articles: Cheapest Spending Overseas, Getting Foreign Currency Related Articles: Cheap Flight Finding, Travel Insurance Cost Cutting, Cheap Package Holidays

6 Megapixel Digital Camera under £50. Can you beat it?

New Loophole. Get 5,000 Nectar points worth £25 (or possibly £50) for free!
Grab an American Express 'Nectar' credit card and with its current promotion you'll earn 5,000 Nectar points (worth £25) when you spend on it. Yet 'spending' can be as little as a Mars bar and you still get the points! So buy something, pay it off in full so there's no interest, and grab the free points. Even better, Nectar has a 2for1 July sale, so if you get the points in time (it'll be very touch and go) they'll be worth £50! For full details, more available freebies, and the impact on your credit score read the Updated Article: Credit Card Freebies Related Articles: Best Lend For Spend, Best Cashback Cards, Best Balance Transfers, How Credit Scoring Works

£14 for a year's RAC cover. Use your Tesco Clubcard Vouchers. A straight forward loophole

Quick Tip. Batter your mobile bill down by £100s; then flog the upgrade for up to £300!
If you're close to the end of your mobile phone contract, there are scores of hidden deals accessible by threatening to switch network - these can save you £100s a year. Plus, request it and you'll get a whizzy new phone as a handset upgrade. Why not accept the upgrade offer, keep your current, perfectly good handset and flog the new boxed one, often for up to £300? If so, do a quick bit of research on eBay for which handset sells for the most and pick that! Occasionally networks will insist you keep your new handset as part of the T and Cs, so do check.
Related Articles: Batter Down Your Mobile Tariff, Recycle Old Mobiles, Mobile Cost Cutting Plan

STOP YOUR FRIENDS WASTING CASH! PLS SUGGEST THEY GET THIS EMAIL

Nectar Summer Sale! For a week from Sat 30 June get electrical & home goods for half the Nectar points

Reclaim Credit Card Charges. Late payment fees and more during the last six years
While I repeatedly, wax lyrical about reclaiming unfair bank charges, it's occured to me that many don't realise this includes credit cards' penalty fees. The process is virtually identical; just send off the template letters asking for your cash back. Any penalty charges over the last six years (in England, five in Scotland) should be reclaimable. Full details are in the Bank charges guide: Reclaim Credit Card Fees Related Articles: Reclaim Mortgage Exit Fees, Council Tax Reclaiming

London to Bombay £280 return flight all-in. Related Article: Cheap Flight Finding

New 8% interest account, but it's not worth it. Stick with £100 bonus and 6.5% interest
Abbey's improving its bank account deal to pay new customers 8% for the first year on any balance up to £2,500. It's a huge rate, yet after number crunching, Halifax's 6.17% takig into account the £100 sign-up bribe beats it in all permutations if you're in credit. Simple as that. If you're overdrawn Alliance & Leicester is still the winner as its overdraft is 0% for the first year. Article: Best Bank Accounts Related Articles: Refer A Friend Loophole, Top Savings Account, Reclaim Bank Charges



The Don't Forgets




More MoneySaving
MSE


The Great 'Cheap Ways To Get In Shape For Summer' Hunt
Summer's nearly here – despite the horrendous weather outside. It’s that time of year when people start thinking about shedding that spare tyre and squeezing into unforgiving trunks/bikinis. So I thought I'd tap MoneySavers’ collective knowledge to find cheap ways to get fit for summer. Add Your Ideas/Read Others Past Great Hunts: What Kids Should Know About Money, Free Audience Tickets

Did you apply for the Sony credit card for the free mp3 player?
A fortnight ago I wrote about how to bag 11,000 Sony Pulsepoints by getting its credit card; redeemable on a free £60 mp3 Walkman. Due to an admin error it sent out a letter saying people'd only get 8,200 points. Don't panic though, it has now confirmed to me that it's a mistake and everyone who applied for that deal will get the full 11,000. As a quick note 8,200 points, enough for a £35 mp3 player, are still available. Read the article: Credit Card Freebies

Inheritance Tax: Save yourself £100,000s in five minutes
If you and your spouse (or civil partner) are worth more than £300,000 then minimising the amount of inheritance tax you'll pay is something you should consider. The Budget slightly increased the tax-free threshold, but a simple bit of advanced planning can rescue serious cash, possibly £100,000s! Updated Article: Inheritance Tax Planning Related Article: Reclaim Lost Assets

MONEY MORAL DILEMMA. Should Paris split her winnings with Nicole?
Having left her wallet at the office on Friday night, Paris asked neighbour Nicole to lend her £20 to tide her over the weekend, with full intentions to pay back on Monday evening. After picking up food from her local supermarket’s clearance aisle, Paris found herself with £1 change and decided to take a chance on the lottery. She matched 5 balls, netting just under £50,000. Nicole’s now mooting that some of the winnings are rightfully hers, as Paris wouldn’t have been able to purchase the ticket without her generosity. Enter the Money Moral Maze: Should Paris split her winnings with Nicole? Previous MMDs: Would you take the job? and What's fair rent for working children living at home?


Quick Chat Tips
Warning! Bargains listed here tend to sell out quickly



The Great 'Cheap When You Get There Holidays' Hunt Result
Last week I asked MoneySavers to divulge their canny ideas for enjoying holidays on the cheap during their time away. There were some pretty handy suggestions to avoid spending tons, including learn the basic lingo, holiday in the UK for £2, and talk your way in to having free food and lodgings

FLIGHTCHECKER SALES WATCH
Bologna, Frankfurt & Pula £10 incl. all taxes and charges
Budget airline Ryanair is offering flights to a raft of European destinations from a bunch of British airports for £10 each way; unusually and importantly this price includes all taxes and charges yet there are baggage fees. Read the find the £10 flights note. Related Article: Cheap Flight Finding, Cheapest Travel Insurance, How To Spend Overseas

Board of the week: Health & Beauty MoneySaving
Looking good and feeling great always puts a spring in your step, although many don't realise a little pampering needn't cost the earth. The Health & Beauty MoneySaving board feautures an array of top tips to keep you healthy, happy and gorgeous on the cheap. Discussions include Home-made face scrub, Do you tip the hairdresser? and Waxing for men

Asthma Attack Card, Kids' Craft Ideas, Nail File
Pollen Text Alerts, Denture Adhesive, Career Advice




Odds and Ends
MSE


MoneySavingExpert on the box/wireless
If you like to watch as well as read about MoneySaving, I'll be appearing on the following programmes over the next week or so.

  • GMTV, ITV1 'Sun, Sea, Savings' Special. Shown throughout the morning between 6am and 9.30am (read about the filming of it in m’blog).
  • Classic Gold, Thursday 10am.

Watch Back from last week: View last week’s LK-Today MoneySaving plus my GMTV special so far this week and a webchat to boot! Watch it here
Keep updated on appearances: Changes and updates go in the Updated appearances list
Feedback on appearances: Discuss or add your thoughts on MoneySaving in the Media

This week's Martin's Musings: A simple strategy to cut the cost of console gaming
"Do whatever you like with your dong in Vietnam" and "The new travel tool - yay!" Read m'blogs (or RSS users access)

Should Britain have the Euro? This week's poll. Vote and Discuss

You changed your mind, for cash? Last week's vote: Last weeks poll was identical to one five weeks before which asked whether you'd take a prize ranging from £100 now to £10,000 but you'd need to wait ten years - except all the values were multiplied by 100. The results were startlingly different See poll results

Can you save me more than £5,240? That's it for this week, but before I go I wanted to let you all know that the true champion MoneySaver is 'Pink Winged'. Now you may wonder how I make such a judgement. The answer's simple, she helped me save over £5,240. Think you can beat it?

I hope you save some money

Martin

Explanation of * Links

How this site is financed. Any links with a * by them are affiliated. That means go via this link and a contribution may be made to MoneySavingExpert.com, which helps it stay ad-free and free to use. You shouldn't notice any difference, the links don't impact the product at all and the editorial line (the things I write) is NEVER impacted by it. If it isn't possible to get an affiliate link for the best product, it's still included in exactly the same way. As I believe transparency is important, I'm including the following 'un-affiliated' web-addresses for the same things: icicibank.co.uk, natwest.com, rbs.co.uk, energyhelpline.com. Read more about this in how this site is financed.



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