money pots

gpjuicer

Which is best online bank account that can divide your money up into money pots for saving for xmas, holidays, insurance premiums etc??

Kilty_2

Bank of Scotland/Halifax Web Saver?

It can be divided into pots and pays a FAIR (although not brilliant) amount of interest.

Failing that, Nationwide E-Savings (but you'd need to open a FlexAccount). You can't divide it up as such but can open as many as you want and give them any name. Better interest rate too and a FlexAccount is always good to have...

Moonbeam

Maximum of five websavers per customer....but can be held in joint or sole names (so long as if joint both parties register for online banking).

Don't know if nationwide have same limit...........but five will hopefully be enough anyway

EagerLearner

Try the download in my sig - that has a Savings Pot tab which will help you.

That way you can still go for IceSave great rate, and still know what 'pot' has what all within one account.

HTH

xxx

EL

painted_lady

I do this with ING, have 4- 5 pots, car, christmas, holidays, quarterly bills, etc. Interest not bad and can just transfer to my current account 3 days before I need the money.

Charliecat

I have opened a nationwide flexaccount for pots, have activated e-savings, thats one pot, how do I go about opening more please:)

Cobertizo

If you go into your FlexAccount online, then you should be able to hit "Activate E-Savings" again. And again. And again, until you have enough pots! It's possible that you may have to wait for them to process the last one before they give you a new one though - personally I added all mine a few months apart, so I'm not too sure.

You may have to rename your existing E-Savings account to something other than the default though...

Charliecat

If you go into your FlexAccount online, then you should be able to hit "Activate E-Savings" again. And again. And again, until you have enough pots! It's possible that you may have to wait for them to process the last one before they give you a new one though - personally I added all mine a few months apart, so I'm not too sure.

That option was available today...yay:) Sorted, Thank you!

quinlanmd

Principality E-Saver (5.6% p.a.) has the ability to create pots and set savings targets for each pot.