Best Current Account for me? Please advise

Nine_Lives

My current account with Nationwide is their "FlexAccount". I have 2 of them actually.

#1 (main) my wages get paid into this. My wages go in each week & range between £200 & £300, depending on the time of the year & also how many hours i've worked. At the moment we're looking at abuot £220-£240, come summer i'll be about £280 - £310

#2 (internet) is the account i use solely for internet transactions.

I got 0% interest on these on 31st December. A big drop from previous years & whilst these aren't my "savings" accounts, i operate a "owt is better than nowt" motto & it'd be handy to get SOMETHING in these accounts, even if it's just a few quid - it's better than nothing.

The bulk of my money will be tied up in ISAs & other higher interest accounts.



I looked out http://www.knowyourmoney.co.uk/current-accounts/ and eyed up the Natwest Current Plus Account http://www.natwest.com/personal/current-accounts/g1/regular-accounts/current-plus.ashx?DCMP=AFC-NWMTAAFCNOTICEMED (at random if i'm honest). Which seems to be 0.08%net (as i said, owt is better than nowt).

Can any of you in the know advise me of this type of account elsewhere which could be better for me with my weekly/monthly income

Or is the Natwest one pretty much about as good as i'm going to be able to find it for a current account & my situation?

opinions4u

If you don't go overdrawn, or overdraw within agreed limits for less than 5 days a month, I'd suggest Halifax Reward. Pays £5 a month if you fund it with £1,000 a month or more. If your wage is slightly short, simply withdraw from the ATM and pay it straight back in over the counter to meet the funding criteria .

If you have an average balance of £1,000 the Nat West account you mention would pay you 80p a year. Halifax comes out at £60 a year, even if your average balance is significantly lower.

I wouldn't move my current account for the sake of 80p. The risk of !!!!-up is too high. £60 would get me thinking though.

Nine_Lives

Thanks a lot for the advice. Very helpful

No i don't go overdrawn .... at all. If i don't have it then i don't spend it is my motto. Will look into the Halfiax thing.