Best Bank Accounts

derrenster

Hi there, just a quick comment/question about the great "Best Bank Accounts" article:

Why do you not mention Abbey's "Preferred In-Credit Rate" account in the "Top accounts if you’re always in credit" section of this article? They say they pay "6% AER/ 5.84%gross (fixed) for the first 12 months from account opening on balances up to £2,500." and give you "0% interest free Advance Overdraft for the first 4 months from account opening." This surely beats Halifax's £5/month and First direct's £100 switching bonus if your account balance is constantly above £1500.

I am not an Abbey/Santander employee, just an MSE follower/reader/fan interested in switching my current account to another bank.

BTW, you must have your "own" letter box if you want to open an account with First Direct and get their £100 bonus "for security/fraud reasons". Unfortunately, I have a shared letter box and I was being too honest about that when I applied for this account over the phone. No other bank has ever asked me this question before... Maybe this note can be added to the First Direct offer to make future switchers aware of their policy?

Thanks in advance