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What do I need??

2»

Comments

  • xylophone
    xylophone Posts: 45,745 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 10 September 2016 at 4:31PM
    credit the account with £500 a month.

    Remembering that you can immediately send back any surplus to your existing current account if you wish.
  • Fantastic thank you all
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    I am sure there are savings accounts that will do what you want but they tend to be less flexible and not offer the fastest payments.

    The vast majority of savings accounts will not let you make any regular payments. In fact, I only know of one that does.

    Many savings accounts also require a "linked" current account, and withdrawals / transfers can only be made via that linked account.

    The OP's requirements are easily met with a current account.
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