current account with linked pots

Inactive

apt wrote: »

The OP wanted a decent rate of interest. Unfortunately that rules out Nationwide.

One of the esavings accounts with minimal withdrawals pays 2%, not too bad in this climate.

apt

Still poor given that 4 withdrawals in a year reduces the rate to 0.1%. Plenty of other accounts offer higher rates and fewer restrictions.

Inactive

apt wrote: »

Still poor given that 4 withdrawals in a year reduces the rate to 0.1%. Plenty of other accounts offer higher rates and fewer restrictions.

Fair enough, care to share them with us?

apt

If you did a search on moneyfacts you'd find 25 better instant access/no minimum balance accounts, and that excludes high rate current accounts. As far as the OP is concerned, as others said Egg is a good option paying 2.8% on the new savings pots and letting her/him manage other accounts. Alliance and Leicester 6% interest on £2,500 on the Premier Direct plus £55 cashback for applying via topcashback plus 3.15% on the online saver issue 5 is good from a financial perspective. But customer service is mentioned and A&L does not have a good reputation, though I have not had a problem with them.

Inactive

Egg is part of Citi Group, Alliance and Leicester is part of Santander. " Barge Pole " and " don't touch " spring to mind.

The OP was looking for reliable suppliers.

In fact the OP didn't even mention interest rates.

apt

I think you'll find that the OP did say that he wanted decent interest rates. Santander's finances are more solid than Nationwide's and Citigroup is too big to fail. The Egg website sometimes goes down, but so does Nationwide's. As for Nationwide and faster payments - reliably useless.

Lokolo

YorkshireBoy wrote: »

I don't use it myself, but it's called 'accountunity'...

https://www.ewise.com.au/accunity/aa/home.asp

Also been discussed on here several times. Loads of hits from google - here's just one...

http://forums.moneysavingexpert.com/showthread.html?t=343552

You're always so useful

Inactive

apt wrote: »

I think you'll find that the OP did say that he wanted decent interest rates. Santander's finances are more solid than Nationwide's and Citigroup is too big to fail. The Egg website sometimes goes down, but so does Nationwide's. As for Nationwide and faster payments - reliably useless.

Oh yea, you can prove that, they have huge exposure in South America, and their track record for reiability is renowned for being crap. Citi Group are American, the American Banks have a great record on reliable banking.:rolleyes:


Nationwide's website only ever goes down overnight for pre-planned site maintenance.

Transfers between Nationwide Accounts are instant.

apm_2

Thanks for your replies, everyone- very helpful.

I'm going to check out Nationwide & Egg, as well as the First Direct thing.

Looks like I came to the right place!

BW,

Alex.

YorkshireBoy

apt wrote: »

...Egg is a good option paying 2.8% on the new savings pots...

I could be wrong but aren't you only allowed one of these 'introductory bonus rate' accounts with Egg?