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Savings Account Help

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Hi everyone

Some of you may (or may not) know that I have CCCS and am in the process of trying to arrange a DMP.

I have opened a basic bank account with Co op and am monitoring each and every penny that comes out of my account.

I am putting aside money for my basic needs, eg ground rent, MOT, etc and would like to open a savings account so it can be kept seperate for when I need it.

As I am with the co op I was thinking of the Smart Saver ... any thoughts on this?

Thanks so much :)

Comments

  • Mort
    Mort Posts: 552 Forumite
    Part of the Furniture 500 Posts Photogenic Combo Breaker
    It worked for me. We had a savings account in Nationwide and basic cashminder co-op account but we found the 4ish days to transfer electronically inconvenient.

    Both accounts with co-op and online transfers are instant, been a lifesaver a couple of times. Basic co-op cashminder for day to day use, co-op smartsaver for annual and irregular bills. We kept the Nationwide account for emergencies like car repair.
    Proud to have dealt with my debts, became debt free on 03/11/2011. Repaid £54,723.41 LBM May 2006.
    Debt Free Roll Of Honour #504
    Mortgage Free from October 2019
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