Good banks for piggybanking?

Ignatius_A

For a long time, I've banked with Halifax.

I find they're online offering is great. Only problem is, where they used to offer up to 10 "websaver" accounts (which I used to use for piggybanking) they now only offer up to 5. (I currently have 7, so they won't let me open any more)

Are there any banks out there that make piggybanking easy?

Thanks

chevalier

By piggy banking do you mean divvying up your pay packet into different accounts for each thing, like mortgage, bills, shopping etc? If so then I think you can do this with Egg. You get an online service called egg money and set things up in there.

hope this helps
chev

angelavdavis

chevalier wrote: »

By piggy banking do you mean divvying up your pay packet into different accounts for each thing, like mortgage, bills, shopping etc? If so then I think you can do this with Egg. You get an online service called egg money and set things up in there.

hope this helps
chev

Great minds Chev! I was going to suggest using the Egg money online functionality - you can add as many accounts from other organisations as you like so you can view the lot in one go. I don't know if any other organisation offers this type of functionality.

Ignatius_A

Yeah,

By piggybanking I mean I want separate pots for (for example) food, clothes, kids dinner money, kids swimming lessons

Stuff that doesn't neatly fit the per-month scheme

I've arranged things so that all money comes in monthly - even the wife's benefits that come in weekly get fed into an account and only get paid into the bills account monthly. All bills are payed by SO or DD monthly, with the exception of the above. To have them stored separately would be a real boon.

Thanks. I can't see anything on the egg money website that indicates this feature is available, though.

lou779

I've opened up 3 savings accounts with Sainsburys bank. Its the internet saver that is now offering 6% interest. They are seperate accounts and you can name them (I have one for Xmas, one holiday and one rainy day). When you sign in to "my accounts" they are all there although they do have different account numbers.

You can open it online.

Louise

climbgirl

I think ING let you have up to ten accounts, problem is they're online savings, so it'll take 3 days to transfer to and from your current account. If you can plan ahead, that works nicely.

HSBC have let me have 3 web savings accounts alongside my current account. 10 is a lot, do you really need so many?!? Can a few of them not be combined somehow? If you needed to, you can start a spreadsheet to keep track of how much is for bills/presents/whatever you combine.

angelavdavis

Ignatius_A wrote: »

Yeah,

By piggybanking I mean I want separate pots for (for example) food, clothes, kids dinner money, kids swimming lessons

Stuff that doesn't neatly fit the per-month scheme

I've arranged things so that all money comes in monthly - even the wife's benefits that come in weekly get fed into an account and only get paid into the bills account monthly. All bills are payed by SO or DD monthly, with the exception of the above. To have them stored separately would be a real boon.

Thanks. I can't see anything on the egg money website that indicates this feature is available, though.

Yep, see what you mean.

I found the details (its called Egg Money manager)

http://new.egg.com/visitor/0,,3_48814--View_845,00.html

It allows you to have accounts with various providers but be able to work between them from the same web front end.