Easy access savings account

[Deleted User]

I have the usual current account, fixed rate savings account and fixed rate ISA. I have kept fairly small amounts in an easy access account just for things like birthday, Christmas presents, etc.
I have switched annually when bonus rates have ended. The bonus for the account I have now ends in January and I would like any recommendations for the transfer.
I need it to be an online account with the ability to transfer money to my current account whenever I need it.

colsten

Abrielle wrote: »

I have the usual current account, fixed rate savings account and fixed rate ISA.

The usual? I don't think there is such a thing, particularly not in the last few years when savings rates steadily declined.

You don't say how much money is involved but if it's anything up to £50-£60K, this could help: https://forums.moneysavingexpert.com/discussion/5374614

SnowTiger

Abrielle wrote: »

I have the usual current account, fixed rate savings account and fixed rate ISA. I have kept fairly small amounts in an easy access account just for things like birthday, Christmas presents, etc.
I have switched annually when bonus rates have ended. The bonus for the account I have now ends in January and I would like any recommendations for the transfer.
I need it to be an online account with the ability to transfer money to my current account whenever I need it.

TSB Classic Plus current account, paying 5% interest?

There is a £500 per month funding requirement, but you can easily transfer money in and out from elsewhere to meet it.

Dan83

Nationwide flex direct, 5% interest on upto £2500, you need to put £1000 in every month, you can only manage your account online, phone or post, you should be able to move £1000 in and out every month no problem.

If you had enough money you could have £2000 in TSB and £2500 in Nationwide and £1000 float that you transfare between accounts.

Or if you can't be bothered putting money in every month, tesco give 3% on balances upto £3000.

They are the 3 accounts I use.

YorkshireBoy

Dan83 wrote: »

If you had enough money you could have £2000 in TSB and £2500 in Nationwide and £1000 float that you transfare between accounts.

There's no need for a £1K "float" when you've £4.5K split between the 2 accounts.

TheBanker

Dan83 wrote: »

Or if you can't be bothered putting money in every month, tesco give 3% on balances upto £3000.

I use the Tesco account as my instant access savings. My main current account doesn't pay interest (but I don't want to switch) so on payday I move most of the surplus funds to Tesco and then move money back throughout the month to cover expenditure. Because there is no minimum monthly pay in and no requirement to have a certain number of Direct Debits, it works well.

Plus if you're saving for birthdays etc, you can buy the present directly with the Tesco debit card and get a couple of extra Clubcard points.