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YBS internet saver as a current account?

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Comments

  • Icesaver
    Icesaver Posts: 331 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Thanks for the replies :beer:

    A little more info, this account is to basically pay for my hobby all year and I have built up a lump sum that I have at the moment. So the idea was to pay it into this account and then take money out of it over the year - so at least to start with there will be a fair amount in it :D

    I'm hoping I don't ever need £250 a day or I'm in real trouble! Maybe £100 every month ;)

    Sounds like it's a decent plan to me. It just seemed that I would get a little more interest than opening a 2nd current account and the money is still easy for me to get at.

    Thanks,

    G

    Sounds a reasonable idea then :D
  • dougz_2
    dougz_2 Posts: 523 Forumite
    Part of the Furniture Combo Breaker
    dwsjarcmcd wrote: »
    The cash transactor account is identical in its features to the Internet Saver
    I dont think so, in particular you cannot do DDs or SOs from the IS, like you can from the CT.
  • Nick_C
    Nick_C Posts: 7,622 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    I use my YBS Internet saver to complement my current account.

    Each month, 2 days before pay day, I transfer the cash I expect to spend over the next month from my current account to YBS using my debit card.

    Cash that is earmarked for bills gets transferred from my current a/c to a savings account with the same bank, and transferred back only on the day it is needed.
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