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Comments

  • General_Grant
    General_Grant Posts: 5,421 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The decrease is annoying but still, £1 per month to login to the account and bounce the money out is worth it for me.
    and have 4 direct debit payments taken from the account each month
  • crumpet_man
    crumpet_man Posts: 843 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    The decrease is annoying but still, £1 per month to login to the account and bounce the money out is worth it for me.
    and have 4 direct debit payments taken from the account each month
    Yes but I do not need to take any action for that, DDs pay into my savings account.
  • Herbalus
    Herbalus Posts: 2,634 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    The decrease is annoying but still, £1 per month to login to the account and bounce the money out is worth it for me.
    and have 4 direct debit payments taken from the account each month
    Yes but I do not need to take any action for that, DDs pay into my savings account.
    Same here, but I recently moved coop to the Moneybox system which is £2 per week minimum. (I’m moving away from post office as the multiple accounts there frequently block my access for withdrawals due to their IT issues. With fewer accounts I have no issues there). So £8/£10 out per month plus the cycling through to get £1 is remarkably less worth it. I know I can get the funds back out of the Moneybox savings account at any time, but for £1/month I’m not sure the (admittedly low) hassle is worth it for me.

    however, seeing as it’s owned by a hedge fund, I might carry on just for that!
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