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Hello
mazzercat
Posts: 4 Newbie
I am looking for a current account which will earn me some interest without paying out any direct debits, anyone help ???
0
Comments
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You can switch to Halifax current account without needing any direct debits it won't pay you interest but it will pay you a switching bonus maybe that is what you meant0
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https://www.moneysavingexpert.com/banking/compare-best-bank-accounts/
Answering your question:
Nationwide FlexDirect: 5% for 1 year, then 1% thereafter on funds up to £2500. Must pay in at least £1000 per month.
TSB classic plus: 5% on balances up to £1500, must pay in minimum of £500 per month (and if you’re not phased by recent TSB issues).
Starling Bank: 0.5% on balances up to £2000 then 0.25% on balances between £2000 and £85000.
Don’t rule out switching offers as an alternative to interest.0 -
https://www.moneysavingexpert.com/banking/compare-best-bank-accounts/
The Nationwide FlexDirect pays 5% for the first 12 months of up to £2500 and the TSB Classic Plus account (currently only openable in branch) pays 5% on up to £1500. They'd be the first ones to go for if you don't want to faff around with DDs, etc0 -
are you a student?
santander offer a student bank account that pays interest of up to 3% on the first £2000 if you meet their eligibility requirements
https://www.santander.co.uk/info/w18/current-accounts/123-student-current-account/0 -
If you could find 2 x DDs you could switch to Nationwide and get £100 for doing so- as well as the interest quoted above. See referrer's board. As soon as switch complete you can axe the DDs.Being polite and pleasant doesn't cost anything!
-Stash bust:in 2022:337
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2024:Sewn:59Doggy ds,52pyramids,18 bags,6spec cases,6lav.bags.
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2025 3dduvets0
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