Sweep facility every 4 weeks? (for public sector workers?)

email2markt

Hi,

Does anyone know of a current account that offers a sweep facility into a saving account but on a 4-weekly timetable (rather than monthly or weekly). It seems like a massive oversight by most high street banks, most public sector workers i know get paid every 4 weeks!

Thanks

Mark

1jim

As a public sector worker I have only ever been paid monthly (NHS). Who do you work for?

Do you mean to sweep left over money at payday into savings account? I do this manually (takes seconds to do) as i tend to find my bank does not have best interest rates on savings so I use faster payments to another provider

NowRetired

I do it manually as well, 6 pensions going in, all on different dates, including one weekly and one yearly and 4 DDs and 2 credit card payments again all on different days of the month.


I keep exactly £5000 in my Vantage account and £2500 in my Nationwide account with any excess or shortfall going into or out of a savings account.


Of course, I have to log into my online banking every day.


Only time I don't do this is when I go on holiday, because I never access the internet then.

realaledrinker

Not quite what you are after but Co-op allow you to set up 4 weekly standing orders, so if your sweep was a regular amount that would work.