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Savings Accounts That Have 'Multiple Accounts'

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Hi all,

So I found out today that my ING Direct saving account is not protected by the UK protection scheme.

So I figured 2012 would be a good time for me to shop around for a new saving & ISA provider.

However, the one thing I loved about ING is that you can create smaller accounts under the umbrella of your main account. So for example I have a holiday account, a tax account (Im self employed), an Xmas account etc.

What other savings accounts offer this way of segregating funds? Because of my self employed circumstances, it is a format that really suits me.

Comments

  • Ark_Welder
    Ark_Welder Posts: 1,878 Forumite
    A couple of existing threads regarding ING, which probably answer most, if not all, of the questions:

    forums.moneysavingexpert.com/showthread.php?t=3545589
    forums.moneysavingexpert.com/showthread.php?t=3461049
    Living for tomorrow might mean that you survive the day after.
    It is always different this time. The only thing that is the same is the outcome.
    Portfolios are like personalities - one that is balanced is usually preferable.



  • opinions4u
    opinions4u Posts: 19,411 Forumite
    Halifax, Lloyds TSB, BoS, IF would all give you multiple savings accounts that can be named (*never used IF so only 90% sure they can be named).
  • ehlo
    ehlo Posts: 397 Forumite
    Part of the Furniture 100 Posts
    Yep, IF accounts can definitely be named :).

    If you change ISA provider now definitely do so again in April when the new tax year starts as that is when the best rates are on offer
  • IF.COM - does everything you need. I have 8 iSaver accounts and all named differently.. it works perfectly.

    I believe the interest is around 2.xx% at the moment.
    Hi all,

    So I found out today that my ING Direct saving account is not protected by the UK protection scheme.

    So I figured 2012 would be a good time for me to shop around for a new saving & ISA provider.

    However, the one thing I loved about ING is that you can create smaller accounts under the umbrella of your main account. So for example I have a holiday account, a tax account (Im self employed), an Xmas account etc.

    What other savings accounts offer this way of segregating funds? Because of my self employed circumstances, it is a format that really suits me.
    If I've help in anyway, please remember to thank me :-)
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