Saving using multiple current accounts

YorkshireBoy

Mickygg wrote: »

Hi all. On this thread someone has said you can open 3 bos current accounts. How do you do this? Do I literally fill in an application form 3 times for the account or do I wait for my internet banking to be properly set up on the one account I've opened and then apply for 2 others through that in say a weeks time.
Thanks

It's been a while since I opened my 3 BoS accounts, but I remember it being best to wait a clear 24-48 hours between applications.


I also remember doing them all by phone. Can't remember why, but probably as a result of some words of wisdom on here at the time.


If you go by phone, and they're still operating in the same way, allow 25-30 minutes per phone call!

faddy

Is there a definitive list of which banks use calendar months and which use anniversary of account opening for their funding requirements? I'm concerned in particular (for the moment) re Santander, Nationwide, TSB and HSBC.

colsten

The "definite list" is the T&Cs of each of the accounts.

AFAIK, Santander are presently the only one who require a deposit inside a statement month.

But don't rely on me, confirm it with the T&Cs you agreed to.

faddy

colsten wrote: »

AFAIK, Santander are presently the only one who require a deposit inside a statement month.

As my 123 accounts were the first I'd opened with a funding requirement, until recent days I'd naively assumed all such accounts worked on statement months