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How many Regular Savings Accounts do you have?
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Santander is 5%Save 12 k in 2018 challenge member #79
Target 2018: 24k Jan 2018- £560 April £26700 -
YorkshireBoy wrote: »5 accounts.
Where else can you make 3% AER?0 -
ceredigion wrote: »tsb
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Current account with balances up to 5% ..Outside of the four accounts (I think) that pay 5%, do RS's make sense?HSBC, First Direct, Nationwide and M&S all have 5% rates, who is the fifth?0
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The work required to operate multiple RS accounts is not difficult. Open an account, set up a standing order, diarise the date the account matures (if you don't trust the bank to tell you). Doing this for (say) two new accounts per month is not hard, and would result in you having 24 accounts by the end of the first year.
Sounds easy if you have approaching £40K available at kick-off to reach month 120 -
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