The Top Easy Access Savings Discussion Area

typistretired

Not interested in opening all the current accounts mentioned on here with interest varying between 3 and 5 percent. 3 BOS @ £5000, 3 Lloyds @ £5000, 3 TSB @ £5000, all paying 3% and instant access. Nationwide flexdirect up to 4 accounts paying 5% on £2,500. Also the Santander 123 up to £20,000 paid 3% minus £2 charge.

typistretired

Steve_xx the reason we have given some duplicate information was I was called away to accept a delivery before I pressed the submit reply button. They could also get their partner (if they have one to open all the same accounts).

AmberGambler

Steve_xx wrote: »

You need to open two Santander 123 current accounts and stash 20k in each.

Then 3 LloydsTSB current accounts with Vantage added and stash 5k in each of them.

Then open 3 TSB current accounts with Enhance added and stash 5k in each of those.

How does it work having 3 current accounts? Can they all be linked to one online account? I already have one Lloyds Vantage account.

typistretired

They are all linked to one online account. You can open another 2.

AmberGambler

typistretired wrote: »

They are all linked to one online account. You can open another 2.

thanks. I spent 20 minutes on the phone to them earlier to see if they could offer me a better deal - they recommended the easysaver to me at 0.75%. I pointed out that the 1% esavings is better and she said that it was online only, so she didn't mention it. No mention of 3 Vantage accounts either.

useless.

typistretired

Apply online for the Lloyds Classic Vantage you can apply while not logged in if you are not an online customer. You can then apply for internet banking on their site and they will send you your ID.

Steve_xx

AmberGambler wrote: »

thanks. I spent 20 minutes on the phone to them earlier to see if they could offer me a better deal - they recommended the easysaver to me at 0.75%. I pointed out that the 1% esavings is better and she said that it was online only, so she didn't mention it. No mention of 3 Vantage accounts either.

useless.

I forgot to add that you can have 3 current accounts with Bank of Scotland also. stash 5k in each of these and you will earn interest at 3%. Note that you have to pass 1k through the accounts each month. This applies to to LloydsTSB too.

Watson

It's been fascinating reading through this thread. I have a lump sum of around £150,000 to deal with, and the advice about splitting between different accounts is very interesting. But if I wanted to use just one account (and that with instant access) what is the best option currently available?

socrates

Watson wrote: »

It's been fascinating reading through this thread. I have a lump sum of around £150,000 to deal with, and the advice about splitting between different accounts is very interesting. But if I wanted to use just one account (and that with instant access) what is the best option currently available?

BM Online Reward (Issue 3)

Birmingham and Midshires 1.65% including bonus

Watson

Thanks for that: I'll take a look.