2 current accounts?

Northynorthy

Is it ok for me to have two current accounts? I already have one with the Yorkshire bank but would like to open another one to keep money in for spending on my hobby to keep it separate.

G

Lokolo

Yes by all means. I have 2; one for general spending, one for bills.

Not sure about with the same provider though, depends on their view. I have one with HSBC and one with Lloyds.

opinions4u

I've got three on the go! lol.

Northynorthy

Thanks you two

I wasn't going to try and open another YB one, as they usually have pay in limits don't they?

I was going to open a Cahoot one as recommended on here as best with no pay in limit.....

or....

Is there a 'savings' account that is better that has instant access (with a switch card) and no interest penalties?

Cheers,

G

Lokolo

You won't find a savings account which will come with a card. Usually you will have to open a savings account alongside. I have;

Current Account HSBC
Current Account Lloyds
Egg Instant Savings
Haliax Instant Savings
Halifax 3 months fixed
Egg ISA
Barclays ISA

:cool:

YorkshireBoy

Northynorthy wrote: »

I wasn't going to try and open another YB one, as they usually have pay in limits don't they?

I have two YB current accounts, and salary doesn't get paid into either of them.

I also have another 7 current accounts elsewhere.

YorkshireBoy

Lokolo wrote: »

You won't find a savings account which will come with a card.

Whilst you won't get a debit card, there are savings accounts that come with Link cards for cash withdrawals (YBS & Halifax spring to mind).

Lokolo

Didn't know that! and 7? !!!!!!?

roddydogs

Dont Forget NW Flex a/c for going abroad............no "pay in" minimum!

Inactive

roddydogs wrote: »

Dont Forget NW Flex a/c for going abroad............no "pay in" minimum!

Indeed, good advice, that linked to their instant esaver account makes for a very good set up.:T

Mrs_Ryan

Lokolo wrote: »

You won't find a savings account which will come with a card. Usually you will have to open a savings account alongside. I have;

I beg to differ

NatWest 1st Reserve comes with a Solo card