I'm not quite sure which bank would be best suited?

Dontletmeletyougo

I thought I'd come here for some advice.

I currently have around £2500 in a help to buy isa. I deposit £200 a month into this.

My main account is Santander 123 and has around approx £8000 of savings. My budgets/expenses for the month are in separate side accounts.

As we know the interest rate has been slashed in half to 1.5% with the 123 account. The only cashback I get aside from that on the balance is for a mobile phone bill at £25 a month so not a great amount.

I guess what I'm wondering is whether this account is right for me any more or am I better at switching to somewhere like first direct?

I'm so confused.

My amount in savings is likely to go down to around £6500 as I'm looking at making an extra payment to a car loan.

Thanks

xylophone

You could look at a couple of Tesco current accounts and a TSB plus.

You might consider a Nationwide Flexdirect with associated Flex regular saver.