bank account with subsections?

Serida

Does anyone know if there is such a thing as a bank account with lots of sections (at least 6) that can be named? Eg car, Christmas, holiday, children's activities etc, that I can put money in to each month.
I am very organised but currently have a very complicated system because I have so many different accounts. It would need to be an on-line account where I could transfer money between the subsections. Basically an on line system to replace putting cash in separate envelopes. Any advice would be greatly appreciated.

westy22

such a thing as a bank account with lots of sections

I presume you mean a savings account rather than a current account? I am pretty sure that NatWest have the facility to 'label' separate pots in some of their savings accounts

opinions4u

Lloyds TSB, Bank of Scotland and Halifax all allow multiple savings account that you can give a name to.

They are not alone.

G_M

Since you are well organised, why not put all your savings in one place but keep a record that x% is being saved towards a car, Y% towards a holiday etc.

It's not rocket science, esp for the well-organised!