Saving (and spending) for Wedding

pablomor

Hi,

I'm looking for a bit of advice around opening a new bank account to help with our wedding expenses for next summer. We're looking to put around £500 away every month to cover the bigger expenses for next year, but also use the account to pay for the smaller expenses that come up between now and then. Basically trying to keep all the wedding saving and expenses separate from day to day bills etc.

I've looked over the best accounts sections for savings and current accounts but as I'm looking for something that's a bit in between the two I'm just looking for some guidance on what's the best thing to go for.

Any help you guys could give would be great.

Thanks

Yorkie1

Lloyds Vantage account - gives you up to 3% interest on amounts up to £5K. You get a debit card and cheque book with it.

You can have more than one account if need be.

The Santander 1-2-3 account probably wouldn't suit as it has a monthly charge which is usually only exempted if you spend a certain amount on certain types of household bills (and have some DDs from it??).

Archi_Bald

Nationwide Flexdirect pays miles better interest than Lloyds. They both need £1K deposited a month.