Hi

Boureoisie

:j Just a question, is it good to have multiple current accounts, I want to open another one, with no overdraft, is this a good thing?

Thanks.

BugsyBrowne

Boureoisie wrote: »

:j Just a question, is it good to have multiple current accounts, I want to open another one, with no overdraft, is this a good thing?

Thanks.

Deleted due to me being a di*k & not reading the post correctly.

dr_adidas01

BugsyBrowne wrote: »

No why would it be.

Why would it not be BugsyBrowne????

I have a few current account all of which serve different purposes and are with different banks. Its a good idea as they say never to keep all your eggs in one basket.

innovate

BugsyBrowne wrote: »

No why would it be.

Have you been on the sauce, Bugsy?

Of course it's good to have multiple current accounts, Boureoisie, if only to have access to money if one of your banks is in some sort of trouble (such as the recent Natwest/RBS debacle). There's also plenty of money to be made from multiple current accounts if you play your cards right.

Consider (in no particular order):

• First Direct, for £100 account opening bonus, 8% Regular Saver
• Halifax, for £5 a month
• Santander 123, for cashback and interest
• Nationwide Flexaccount, for travel insurance, Flexclusive offers
• HSBC, for 6% Regular Saver
• Lloyds Vantage, for interest

All the above require certain amounts to be deposited monthly, but the same £1K or thereabouts goes a long way ;-). There is plenty of discussion on this forum about all of them, you just need to do a bit of research.

BugsyBrowne

innovate wrote: »

Have you been on the sauce, Bugsy?

Of course it's good to have multiple current accounts, Boureoisie, if only to have access to money if one of your banks is in some sort of trouble (such as the recent Natwest/RBS debacle). There's also plenty of money to be made from multiple current accounts if you play your cards right.

Consider (in no particular order):

• First Direct, for £100 account opening bonus, 8% Regular Saver
• Halifax, for £5 a month
• Santander 123, for cashback and interest
• Nationwide Flexaccount, for travel insurance, Flexclusive offers
• HSBC, for 6% Regular Saver
• Lloyds Vantage, for interest

All the above require certain amounts to be deposited monthly, but the same £1K or thereabouts goes a long way ;-). There is plenty of discussion on this forum about all of them, you just need to do a bit of research.

It's me not reading the thread properly I assumed the OP was asking
If having a basic account with no OD will be good towards their credit rating so ignore that useless post of mine.

innovate

BugsyBrowne wrote: »

It's me not reading the thread properly

No worries, happened to me only yesterday, too!