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Multiple current account advice

2»

Comments

  • anoncol
    anoncol Posts: 982 Forumite
    innovate wrote: »
    How do you manage £150 cashback a month?

    I'd to know that too.
  • pauljoecoe wrote: »
    I have FD account as I have a offset mortgage and use their regular save at 8% (now 6%) my salaryis paid into this.

    I have a halifax reward which has 2 tiny DD set up on it to satisfy that rule and I transfer £1000.00 in each month from FD and then transfer £900 back again a few days later to satisfy the minimum amount to be paid in.

    I have a Santander 123 account which all the direct debits that attract cash back are paid from. Again I transfer the minimum amount neccesary in and leave enough for the DD and transfer remains back.

    I am in the process of opening a nationwide flex direct. To leave £2500 in to get 5% Interest. Again the minimum amount will be transferred from FD and back again to satisfy the paying in conditions.

    thanks pauljoecoe that sounds like just the sort of setup I am aiming for!
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