Help needed. Travelling Retiree

beewee

Hello. I'm travelling until next March. I need to open a bank account entirely online. My vantage accounts are now full. I don't want to leave surplus money in my First Direct c/a which pays no interest. I already pay into the 8% FD account. Is there anything you could suggest please?

opinions4u

This link from the top of the page should help.

http://www.moneysavingexpert.com/savings/savings-accounts-best-interest

ctdctd

beewee wrote: »

Hello. I'm travelling until next March. I need to open a bank account entirely online. My vantage accounts are now full. I don't want to leave surplus money in my First Direct c/a which pays no interest. I already pay into the 8% FD account. Is there anything you could suggest please?

Open e-savings at Lloyds - about 3 clicks from online banking.

2% for 10K plus, 1.8% up to 10K. All inc 1yr bonus.

Not the best, but it is the easiest to open!

HTH

Biggles

Unless you have one already, you might do better to get an an account (or a credit card) that doesn't load the exchange rate or make any other charge for overseas transactions.

beewee

Thank you. I think it'll be the Lloyds account. It's just needed to put any money which is left over each month. It's much cheaper to live whilst travelling and I have found myself with surplus money in an acc. paying 0% interest. I won't be needing a credit card as I sorted all that before I left the UK.

beewee

I've hit a snag! Because I've already got a Lloyds esaving Acc. I am unable to open another. The one I've got pays 0.6% as opposed to 1.6% given on the more recent one. There is no email address that I can see, when I log in, to ask them to upgrade my account.

ctdctd

beewee wrote: »

I've hit a snag! Because I've already got a Lloyds esaving Acc. I am unable to open another. The one I've got pays 0.6% as opposed to 1.6% given on the more recent one. There is no email address that I can see, when I log in, to ask them to upgrade my account.

Now you tell us - it will need a phone call or visit to a branch to close the old one, then you can apply online again.

So, if you can't do that, try the Easy Saver online - only 1.2% inc bonus but better then you are getting now.

HTH

beewee

Sorry about that omission. Please accept my apologies. Will do as you suggest and use easy saver until I can phone Lloyds. It's quite difficult having to do all this on my iphone.

Glen_Clark

Last time I checked Nationwide were still about the cheapest for cashcard withdrawals abroad. I know you said you had that sorted but its good to have a back up plan. Nationwide Esavings plus pays 2%, 5 free withdrawals per year, and instant online transfer to a flexaccount to withdraw it with a cashcard.

beewee

Thank you Glen Clark. Will let you know how I get on with that.

beewee

Once again thank you Glen Clark. The Nationwide account you suggested is now up and running. I really appreciate your help.