The Current Account Game - My Strategy

colsten

YorkshireBoy wrote: »

That's what I may need to do, but 11% off at Tesco is a hard habit to break!

You'd need to spend £2,000 at Tesco before you have saved £220.

YorkshireBoy wrote: »

PS, I did try and send you a thank you via PM but your inbox had been full for days.

It always gets full....I am delighted to hear you succeeded

jraf

I adopt a similar approach - but having a partner helps double up on accounts. I believe we can even open a third account jointly but we haven't gone down that road yet.

Nationwide FlexDirect - £2500 @ 5% x 2
TSB Classic plus - £2000 @ 5% x 2
Nationwide Flexclusive Regular Saver @5% £500 per month drip fed x 2
TSB Regular Saver - @5% £250 per month drip fed x 2
Santander HTB ISA - @4% £200 per month drip fed x 2
Nationwide FlexPlus - £2500 @3% (£10 monthly fee)

aparky85

Just a quick update. Since I posted this I have been actively pursuing the switching incentives currently on offer in the marketplace, and started by opening a few accounts as donors (1 X Halifax, 1X Natwest & 1X TSB)

Halifax I switched to the Co-op, so am awaiting £150 from them.

Natwest I switched to First Direct (switch completes Monday), so awaiting £100 from them.

The TSB account I'd earmarked for HSBC Advance, but they knocked me back. I think my salary is too low for them to see value in having me as a customer, so as it was spare have opened an M&S Current account, and will switch it to them to get a £100 Gift Card. I know I previously denounced the M&S Vouchers as being useless to me, but there is an M&S Foodhall close to where I live, so as a previous poster commented,£100 worth of food and drink is worth having.