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Savings Account Advice

I have recently come into some money and have started a HTB ISA. As we can't just put the full allowance into the ISA initially, I am looking for a savings account that we can use to "drip-feed" the ISA. Ideally, the account should be accessible online (not bothered about face to face aspect) and be able to set up standing orders (I think this last point is a big ask!) Anyone have any knowledge of any savings account that could do this?

Comments

  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Check out current accounts that pay interest
  • jimjames
    jimjames Posts: 18,796 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Have a look round the forum. It's not a savings account you want, it's a current account. Those are about as instant access as anything you can get.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Not many savings accounts will let you set up standing orders. There is, however, nothing stopping you setting up a dozen post-dated transfers at monthly intervals ;)

    Still, a bit of a moot point considering how bad most instant access savings accounts are. The standard advice around these parts would be to a) use interest-paying current accounts instead or 2) use the rest of your ISA allowance in a S&S ISA.
    : )
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