Multiple savings accounts under one roof?

tetsuobodyhammer

Hello Money Saving Expert Forums,

I'm currently trying to find a bank or organisation that would be able to offer me multiple savings accounts under one roof. I have several barclays accounts but I want to separate my savings accounts from these bank accounts, so that they are not accessible to me when I log into my online barclays banking. Barclays only offer an option where they claim the ability to 'hide' accounts within their online platform which is not correct as this does not work (these accounts reappear at each login).

This will prevent me from dipping in and out of savings when I run a short of money by keeping them out of sight and out of mind.

I have spoken to Virgin money about this but they do not seem to be able to offer me more than one savings account at a time.

What I'm really looking for is someone who will be able to provide me multiple savings accounts under one roof that I could make direct debits of 10 or 20 pounds into on a monthly basis with easy access.

Could anyone out there advise on this? Or am i barking up the wrong tree?

Mrbeethoven

I have multiple accounts with Yorkshire Building Society. Rates not very good though.

I have a Halifax current account which I think allows multiple accounts but not sure if they are current or savings.

Hargreaves Lansdown Active Money is worth a look. Decent rates and a number of options to choose from including short-term fixed rate accounts. Might be ideal if you want to ensure you don't touch the money. Very easy to switch the money as each lump of fixed rate cash matures.

youngretired

Tesco Internet Saver is currently 1.16% for a year and then drops. You can generally open up to 5 and withdrawals are 7 days a week. You can also connect it to more than 1 current account for withdrawals, but the accounts must be in your name. Payments in can be by faster payment or standing order (not direct debit).

Mrbeethoven

I just opened an HL Active Savings account this morning and initially just put some money into their best Easy Access account which is currently Coventry BS at 1.20% variable. They also have ICICI at 1.15% and a 3 month fix with United Trust Bank at 1.26%.

 If a better one gets added it's a piece of cake to move money from one provider to another, all within the same HL account.

hl.co.uk/investment-services/active-savings

Tildaplum

If you have a smartphone you can download the monzo app and open a monzo account -  this gives you access to multiple savings pots you can use for your different purposes

https://monzo.com/blog/2017/11/20/pots