We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Bank account

stecast
stecast Posts: 76 Forumite
Part of the Furniture 10 Posts Combo Breaker
Hi all,

As from Feb i finished my IVA and just had a couple of months enjoying the fact that i have money to spend again but it's now time to start saving.
With not having a bank savings account i was wondering if anybody could advise me on a savings account that would be best for somebody just finished there IVA.

My IVA was extended by 6 month so that makes it only another 3 month to go then it's the 6 years from starting my IVA so i can not decide to Waite another 3 months before i do anything.

Any advice anyone

Comments

  • GlamGirlie
    GlamGirlie Posts: 432 Forumite
    Debt-free and Proud!
    You won't normally be credit scored for a savings a/c so you can apply for any - provided you meet the individual a/c criteria. So for example, for First Direct's 8% saver you need to have a current a/c with them - you won't score for the current a/c so you won't get the saver.

    But just check the conditions to see what is required.

    I have 2 payments left on an IVA and I have recently opened a Santander 3% e-saver.
    I am employed as a manager in a financial services institution. My views are entirely my own.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.