Which account to switch

Getting_better

Hi all, wondered if i could get some advice please. I've just opened as TSB account for the £130 incentive but I am unsure of which current account to switch to them to fulfill all conditions.

My options are between a Halifax current account (receive the £3 a month and also have their credit card for using abroad) or Yorkshire Bank, interest rate has fallen to 1.49% from 3%.

I suppose I'm in doubt because I have had the Halifax account for much longer (about 11 years) and wondered if it was good to keep this as it shows history. The YB I receive just over £3 a month in interest as i have maxed it out but that has been open for just over a year so thought it might be better to switch the YB on the basis that it's not that much more coming in and I'll lose an account with history.

Any thoughts welcomed!
thanks in advance

eskbanker

Open another account with either Halifax or Yorkshire and switch that, to avoid losing out on any interest or longevity from your existing arrangements....

EachPenny

eskbanker wrote: »

Open another account with either Halifax or Yorkshire and switch that, to avoid losing out on any interest or longevity from your existing arrangements....

...especially if you have the Current Account Direct as it is no longer available for new applications. 1.49% is not a high rate, but potentially worth keeping the account going for future use.

Getting_better

thanks both- better get my skates on and open another account!