Joint account advice!

Rabtastic

Hi all,

My partner and I have bought our first place together and are looking to set up a new, joint account where we will pay bills etc from. We are both keeping our own separate accounts so will not be switching. Are there any recommendations for new accounts with cash/incentives that don't require a switch?

Thanks in advance!

badger09

Rabtastic wrote: »

Hi all,

My partner and I have bought our first place together and are looking to set up a new, joint account where we will pay bills etc from. We are both keeping our own separate accounts so will not be switching. Are there any recommendations for new accounts with cash/incentives that don't require a switch?

Thanks in advance!

Santander 123 Lite? Costs £1 per month but gives cashback on various household bills paid by DD. Minimum pay in £500 pm, but you can take some out again if not needed for bills, and gives access to Regular E Saver (one each) paying 5%:)


http://www.santander.co.uk/uk/current-accounts/123-lite-current-account

No switch required.

gingercordial

We use Natwest Rewards. Costs £2/month and pays 2% on household bills. Whether or not that's better than Santander's 1-3% cashback depends on how much each bill is and whether or not you have a Santander mortgage which also qualifies for cashback with them.

For us, our biggest monthly bill by far is council tax and Natwest pays 2% on that versus only 1% at Santander, so Natwest wins overall. But we don't have a TV package; if we did have an expensive Sky package Santander would pay 3% on that versus 2% at Natwest so the result would probably be different.