Strange Refund!

[Ellejay156]

Originally Posted by Dinglebert

Not exactly true. You have to pay tax if you earn more than £1000 interest in a tax year.

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The limit is reduced to £500 if you are a higher rate earner.

[RuthieR]

Tesco Bank are closing all customer accounts, according to the news so assume they are tidying up loose ends!

[PABBY]

Originally Posted by RuthieR

Tesco Bank are closing all customer accounts, according to the news so assume they are tidying up loose ends!

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Quite possibly!

[WIGGYSMUM]

Every little helps

[jdybnsn]

Originally Posted by WIGGYSMUM

Every little helps

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... as my late Father used to say :

"but a lot, helps a lot more ! "

[Daisy_Do_72]

You just reminded me, Tesco pet insurance sent me a similar letter a few months ago asking where they can pay me a refund due to underpaying me on my late Labradors insurance... I’ll look for that letter in the morning... 🤞

[WIGGYSMUM]

Originally Posted by jdybnsn

... as my late Father used to say :

"but a lot, helps a lot more ! "

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Wise man 😊

[Sue]

We both had a £35 and change refund from a Barclays mortgage that we had a couple of years ago. It became a palaver because it was a joint mortgage before we got married and I changed my name, so they issued a cheque to me in my no longer used name!
I had to send a copy of the marriage certificate to my bank to cash the thing!

[WIGGYSMUM]

Originally Posted by Sue

We both had a £35 and change refund from a Barclays mortgage that we had a couple of years ago. It became a palaver because it was a joint mortgage before we got married and I changed my name, so they issued a cheque to me in my no longer used name!
I had to send a copy of the marriage certificate to my bank to cash the thing!

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This happened to me when I was left a gift in my grans will .
She’d made it pre me getting married, the bank was such a hassle , the solicitor wouldn’t change the name on the cheque either . Got there eventually though !

[Nimbus]

We had a refund from Lloyds Insurance earlier this year regarding our house insurance. Which confused us, because we no longer had house insurance with Lloyds and hadn't done for a few years. Turns out it was because back in 2014 (or something like that) they had said we were going to get a discount on our house insurance but never actually applied that discount. So they gave us a refund plus interest. I can't remember exactly how much the refund was but it wasn't very much - about £30 or something like that.