Best Joint account?

Frank1in

Hi all,

My OH and I are taking the plunge and buying a place together and so we've decided to get a joint account.
We'll both be keeping our own current accounts so this account will just be used for paying in each share of the mortgage and bills, plus a bit extra which we would like to earn a good rate of interest on as that will be used to buy new things for the house and over payment of the mortgage when we can afford to. We don't want an overdraft and for various reasons my OH doesn't trust or want internet only or mainly based accounts.
(Don't judge we all have our faillings :rolleyes: )

Can anyone recommend a good one? I've checked the ones Martin suggests in the main articles but they all seem to need your salary paid in. I already have an ISA with A&L so don't qualify for a refer a friend loopholes so the main thing is the interest rate and the flexibility.
We both have good credit scores and no debts apart from the mortgage.

any advice you can give would be much appreciated.

Frank1in

Bump!

Can anyone help?

Essenchill

Exactly the same situation here, except willing to do an internet based account. No real need for an overdraft (due the the use of the account) but not adverse to having one if the best account works this way.

Any ideas? I will listen in!

And apologies Frank1in if you thought this was a useful reply when you saw someone had replied

techno_geek

The best branch-based account I've come across is the Nationwide FlexAccount - you get a fair rate of interest if you pay in more than £500 a month, and even more if you pay in over £1000...

Mc4ndy

It doesn't actually have to be your salary paid in, you just have to meet a minimum credit amount every month which I am sure you'll do by transfering money each month to cover the bills.

DontDoDebtKids

techno_geek wrote:

The best branch-based account I've come across is the Nationwide FlexAccount - you get a fair rate of interest if you pay in more than £500 a month, and even more if you pay in over £1000...

I'm just moving away from a FD joint account to Nationwide.

My gf also prefers paper statements and having a branch that she can use, so it's not that stupid a request.

The bonus with this account is that you can withdraw cash with no charges and at a good rate abroad.

Worth fooling them into thinking you're paying in £1000 a month (set up a standing order/two standing orders totalling £1000 in and then a suitable amount back out again) to get the higher interest rate.

DDDK