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High Interest Current Accounts

How many of these things are the "money savvy" people on here actually holding?
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Comments

  • ColdIron
    ColdIron Posts: 10,330 Forumite
    Part of the Furniture 10,000 Posts Hung up my suit! Name Dropper
    If you include the non-posting members, several thousand I would think
  • Gromitt
    Gromitt Posts: 5,063 Forumite
    As many as the T&Cs allow :)
  • Frogletina
    Frogletina Posts: 3,927 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    8 current accounts 3% or over

    4 savings accounts 3% or over


    I know that many people have far more, although some people have joint ones as well. Mine are just single accounts.


    They are not all fully funded, but I felt worth getting them as they could reduce interest rates at anytime.
    Not Rachmaninov
    But Nyman
    The heart asks for pleasure first
    SPC 8 £1567.31 SPC 9 £1014.64 SPC 10 # £1164.13 SPC 11 £1598.15 SPC 12 # £994.67 SPC 13 £962.54 SPC 14 £1154.79 SPC15 £715.38 SPC16 £1071.81⭐⭐⭐⭐⭐⭐⭐⭐⭐Declutter thread - ⭐⭐🏅
  • moneyfoolish
    moneyfoolish Posts: 682 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Frogletina wrote: »
    8 current accounts 3% or over

    4 savings accounts 3% or over


    I know that many people have far more, although some people have joint ones as well. Mine are just single accounts.


    They are not all fully funded, but I felt worth getting them as they could reduce interest rates at anytime.
    Which savings accounts give you over 3%?
  • Frogletina
    Frogletina Posts: 3,927 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Which savings accounts give you over 3%?

    The ones I have are regular savings accounts, I know some have reduced the interest rates since I took them out but there are still some offering 6%. The highest I have at the moment are 4% and 3.75%.


    https://forums.moneysavingexpert.com/discussion/608697
    Not Rachmaninov
    But Nyman
    The heart asks for pleasure first
    SPC 8 £1567.31 SPC 9 £1014.64 SPC 10 # £1164.13 SPC 11 £1598.15 SPC 12 # £994.67 SPC 13 £962.54 SPC 14 £1154.79 SPC15 £715.38 SPC16 £1071.81⭐⭐⭐⭐⭐⭐⭐⭐⭐Declutter thread - ⭐⭐🏅
  • talexuser
    talexuser Posts: 3,610 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The "problem" with regular savers is they are not much use if you have a larger cash pile since you only get the interest on small amounts at first until you get to larger amounts with "worthwhile" amounts of interest.


    Halifax, 2 x Santander, 2 x TSB, 2 x Tesco, 2 x Lloyds, Nationwide, all currents.
  • jimjames
    jimjames Posts: 19,264 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    How many of these things are the "money savvy" people on here actually holding?

    Probably one of the lowest numbers here as I keep very little cash.

    But have:

    2x TSB
    1x Nationwide
    1x Halifax
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I have just about all of them.
  • darren72
    darren72 Posts: 1,310 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I've been meaning to take out on the of the high interest current accounts for saving purposes.

    If I just open one initially, which would you all recommend I go for ?

    Thanks
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    darren72 wrote: »
    I've been meaning to take out on the of the high interest current accounts for saving purposes.

    If I just open one initially, which would you all recommend I go for ?
    Well that would depend on how much money you have to save! But if you're starting from nothing I'd suggest TSB Plus.
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