Advice: What Next afer high interest accounts

EachPenny

johnD17 wrote: »

Re couples advice, i agree, I'm quite objective anyway but probably a bit early in terms of any legal ramifications!

You mentioned the possibility of joint accounts... even thinking about such things means it isn't too early to start thinking about the legal implications as well

The problem is enjoying life over takes dealing with the details... then one day it becomes a problem. Ask anyone who has had a co-habiting partner die without leaving a will, for example. Pensions, life insurance, making a will etc are all things which are easy to put off until tomorrow - but sadly in some cases tomorrow never happens.

johnD17

re tesco DD comment - martin says:

Need-to-knows
To get the interest, you'll need to pay in £750 and pay out at least three direct debits each month - and direct debits to a Tesco Bank savings account don't count. Tesco Bank counts a month as a statement, not a calendar, month.

If RBS weren't cutting rates just as I got my g/f to open vantage, It would be clear next step would be get a joint vantage account.

Now, I'm not sure. I'll probably get the nationwide saver when my nationwide account opens. If I can find 3 DD's, I'll open the Tesco Bank. Other than that, not sure.


Yep I hear you with the above. My mum and dad were in that boat, however making a will in time saved a whole host of issues.

badger09

johnD17

You keep mentioning RBS Vantage accounts.

To avoid confusion, you mean BoS;)

ColdIron

johnD17 wrote: »

If RBS weren't cutting rates just as I got my g/f to open vantage, It would be clear next step would be get a joint vantage account.

Do you mean the Bank of Scotland Vantage?

johnD17

RBS BoS - same difference

It did annoy/frustrate when I first applied - my own confusion led me to think it was an RBS account, it then popped up on my Halifax account

bigadaj

johnD17 wrote: »

RBS BoS - same difference

It did annoy/frustrate when I first applied - my own confusion led me to think it was an RBS account, it then popped up on my Halifax account

It's very different, totally different banking groups and licences.

Rbs is also financially very much worse off than bos, if you don't know what bank you have your money with it doesn't bode well for wider financial education.