Saving Accounts

Millionaire

black-saturn wrote: »

Surely if you have any money to save it should have been used to pay the debts off?

If the OR has not issued a IPA then any money that a Bankrupt manages to save is theirs.

Obviously it has to be in accorrdance to what you provide the OR as your income and expenditure. Otherwise they may start asking questions if they spot it.

Even if a IPA is issued any money that a bankrupt saves minus the IPA amount is theirs to save as well.

fermi

e-savings is with Nationwide.

You need to have a Flex account, and use internet banking.

The rates are at: http://www.nationwide.co.uk/savings/rates.htm

savagevixen

black-saturn wrote: »

Surely if you have any money to save it should have been used to pay the debts off?

I think the problem here BS is that you are so abrubt, your posts can come across quite badly. Today I have had a very difficult day post-bankruptcy and I saw your post and felt sick. It brings waves of anxiety through me. My account has some money in it, I can pay my council tax, and I am so happy that I can do that, but your comments destroy my fragile confidence and make me want to run.
It is very sensitive on this board sometimes.
Your last comments here also asked whether we were sensitive or jealous so don't be surprised if you are not well received.

plantpot100

No offence taken by me..But if the OR has (for example) agreed i can set aside £15 per month for contents insurance then obviously i will need to save it until it is due again - I don't want to pay monthly and incur interest as well. If my renewal is due soon...rather than 12 months when i have saved the full amount then i will also try and shove a few extra quid into my savings account each month in order to hopefully save appropriately. And that will mean cutting back on my allowed figure for other things like groceries, hairdresser etc etc. I see nothing wrong with this.

I have set up a forward looking spreadsheet so i know when things are due and how much i ideally need to have and when. It's extremely tight and i am sacrificing other things in order to reach these targets.

Anyway...getting back to the point...I have an appointment at Nationwide tomorrow to open a basic current account...so will try them for saving account too and let you all know how i get on! Can't see that they'd accept me (FINGERS CROSSED!) for a current but not a saving account...but then i do seem to have bad luck lately!

Mike_St_Helens

I had no issues with ING Direct and Abbey in opening savings accounts.

The ING one is really good as you can open many sub accounts also .. i have one for car tax, one for hols etc etc...

plantpot100

Thanks for that - just what i need - just seems easier and clearer to keep everything so seperate.

wherediditallgo

Thanks for that, Mike - I hadn't thought of them. I want to spread my savings if possible, so that I can see at a glance exactly what I've got saved towards each thing, so ING might be just the one for me.

jobby_2

can you go online with those accounts Mike?

Mike_St_Helens

jobby wrote: »

can you go online with those accounts Mike?

... Ing is exclusivley online. Its relly good for my budgeting
Yeah

plantpot100

Have just been accepted for a basic account at Natwest - They also have
e-savings and i can have as many e-savings accounts as i like attached to my basic account.

WOOHOO! :j