MSE Poll: How much is in your current account TODAY?

Poll started 4 February 2020
This week, we want a snapshot of your finances. So, a simple question – how much do you have, or how overdrawn are you, in your main current account?

Did you vote? Are you surprised at the results so far? Have your say below.

If you haven't already, join the forum to reply.

Thanks! :)



  • jasdev
    jasdev Posts: 112 Forumite
    First Anniversary Name Dropper First Post
    This should be an interesting one, because, assuming the majority of respondents are honest in answering, (so far) there's a few too many answering that they have over £15,000 in their current accounts!
    It seems a bit illogical because for most they'd do better to put that money elsewhere (to earn interest or capital gains/dividends) and if they genuinely spend £15,000 or more every month, then they'd make a killing through American Express credit cards - and even then they'd only need to transfer money from savings to current accounts the day before the credit cards are due to be paid off!
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  • MX5huggy
    MX5huggy Posts: 6,846 Forumite
    Name Dropper First Post First Anniversary
    Santander 123 currently pays 1.5% on up to £20k which while probably beatable, is it worth it?
  • Dird
    Dird Posts: 2,702 Forumite
    First Anniversary Combo Breaker First Post
    The question is stupid; it should be all bank accounts including regular savers. I gave the total based on this because it's debatable which my main account should be between the one with most DDs, with my mortgage DD or the one I use for contactless payments but is always kept very low as poor interest
    Mortgage (Nov 15): £79,950 | Cashback sites: £900 | Current accounts: 11
    Mortgage (May 19): £71,754 | £30k in 2016: £30,300 (101%)
  • They say pensioners are skint. Doesn't look like it from this poll.
  • MovingForwards
    MovingForwards Posts: 16,903 Forumite
    First Anniversary First Post Name Dropper Photogenic
    As I have 3x current accounts, all for different purposes, I just added all my figures together to vote.
    Mortgage started 2020, aiming to clear it in 2026.
  • Sealate
    Sealate Posts: 25 Forumite
    First Anniversary First Post
    The savvy ones use this site. Others, including those not so well off, probably don't
  • I have several current accounts to take advantage of interest rates, so I have added those totals together
  • £10,478.98 in one
    £476.96 in another
    £2K ish in another
  • I used the current account that my salary goes into, hence why my value is so low.

    I have 7 current accounts, each fulfilling a different purpose, so, if many do the same as me, the poll is meaning less anyway.
  • harz99
    harz99 Posts: 3,632 Forumite
    Name Dropper First Post First Anniversary Home Insurance Hacker!
    The question should ask "How much is in your MAIN current account", which is what i suspect the point of the poll is, and really should be done again after Santander reduce their 123 benefits in May, because currently those of us with full 123 accounts will skew the results considerably.
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