New account for matched betting

afcj

Good evening,

I currently have one current account (with Nationwide) and a joint account with my wife.

I'm depositing / withdrawing over £2000+ most weeks matched betting with my current account and decided I want a sole account purely for this to monitor easier, and also to confirm there will be no problems when remortgaging etc. in the future.

Can anyone suggest a bank account that will be best for this? I can't take advantage of any switching offers as I'd like to leave my Nationwide account open. I will transfer £3000 into the new account for matched betting. I've noticed Co-op have a £40 cashback offer on Quidco but the reviews of their online banking doesn't sound too good.

Many thanks in advance.

colsten

Nationwide is actually the best for MB but that doesn't appear to be an option for you? You can have up to 4 Nationwide current accounts.

Barclays and Natwest should also be ok.

No bank will pay you a welcome bonus if you don't switch an account, using their switch service.

grumbler

colsten wrote: »

Nationwide is actually the best for MB

Why?
IMO all banks are fine except different charges for deposits to foreign bookies and withdrawals (by international transfers) for which e-wallets are better anyway.

afcj

Thanks both, I have a Barclays and Natwest just up the road from me so will perhaps go with either of those for convenience if I have any issues.

Man_on_fire

Tsb, for 5% interest on your float up to £2,000 would be my choice, ( or the nationwide one for the first year if you don't already have that account)

msallen

I use N&P as there is no FX fee on deposits to non-GBP bookies.

colsten

grumbler wrote: »

Why?

Beacuse they won't keep blocking your card when you make deposits at bookies. I have been doing it for 12+ years now, so have a fair bit of experience.

grumbler

So have I. Never had any problems with Nationwide, Barclays, Cahoot, although I use Skrill wherever possible.