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Monthly saver coming to an end

2

Comments

  • jimjames
    jimjames Posts: 18,925 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I hadn't realised you could have two tesco. Accounts each I assumed it would be the usual 2 singles and one joint?

    Never assume! You can only have 2 accounts so if you have a joint one it will limit you to 3 not 4 between you
    Remember the saying: if it looks too good to be true it almost certainly is.
  • badger09
    badger09 Posts: 11,701 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    jimjames wrote: »
    Never assume!

    This ^^^^^^^^^^^;)
  • Eco_Miser
    Eco_Miser Posts: 4,944 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I assume the 1000 would need tonne paid from outside bos? I.e I couldn't get my salary into one and then pay the 1000 into each.
    I believe that BOS, like all LBG brands, allows internal funding, so you could just run the same £1000 through all the accounts each month with no external funding required at all - but please check for yourself, I could be wrong.
    Eco Miser
    Saving money for well over half a century
  • Eco_Miser wrote: »
    I believe that BOS, like all LBG brands, allows internal funding, so you could just run the same £1000 through all the accounts each month with no external funding required at all - but please check for yourself, I could be wrong.

    Correct......
  • apt
    apt Posts: 3,247 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Are you sure you are still getting 5% with Halifax? It's been a very long time since they've been offering 5%.
  • Nkt Halifax sorry nationwide I was giving everyone duff info

    I have 3 nationwide and two tsb accounts. I was basically trying to decide whether to open two tesco accounts and cancel the santander one once my monthly saver comes to an end
  • spendulix
    spendulix Posts: 6 Forumite
    edited 18 January 2017 at 5:34PM
    And with your Santander123 account, don't forget that £60 annual fee eating into your meagre interest. It's probably costing you right now.

    Cheers SD
  • greenglide
    greenglide Posts: 3,301 Forumite
    Part of the Furniture Combo Breaker Hung up my suit!
    edited 18 January 2017 at 5:37PM
    spendulix wrote: »
    And with your Santander123 account, don't forget that £60 annual fee eating into your meagre interest. It's probably costing you right now.

    Cheers fj

    spendulix = bigfreddiel who appears to have had his posting privileges removed again.

    Reported.

    I see he has now changed "Cheers fj" to "Cheers SD". Of course it could have been a spelling mistake!
  • greenglide
    greenglide Posts: 3,301 Forumite
    Part of the Furniture Combo Breaker Hung up my suit!
    And with your Santander123 account, don't forget that £60 annual fee eating into your meagre interest. It's probably costing you right now.
    With a number of direct debits, especially the high cash back ones, it is entirely possible to totally wipe out the monthly charge which gives effectively greater than 1.5% on up to £20,000.

    We are achieving this but we only have one Santader 123 account because we couldnt get the cash back to cover two of them.
  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    greenglide wrote: »
    spendulix = bigfreddiel who appears to have had his posting privileges removed again.

    Reported.

    I see he has now changed "Cheers fj" to "Cheers SD". Of course it could have been a spelling mistake!

    We'd never have guessed he was a secret agent.....
This discussion has been closed.
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