I'm thinking about opening a second bank account. Which bank has the best reputation?

grumbler

mt99 wrote: »

...The last 2 required £500/month funding I think (but it can be sent straight out again).

The last one also charges £5 p.m. that may or may not be covered by the DDs cashback.

mt99

Yes you are correct.

jennifernil

The answer would to an extent depend on how much you have available to save each month, and whether you are happy to tie it up for 12 months.

Monthly savers offer the best rates at present, but amounts you can pay in are limited to around £300-400 per month, some are only £250.

Otherwise you have Tesco and TSB current accounts on 3% as above, and BOS also pay 3% but need 2 DDs.

No_6

Use one that gives what you need at the moment,
then switch for something better later.

It's not as if you are getting married to a bank ?
OH's sometimes cost more !

6