We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Savings Account with multiple pots
AlwaysPondering
Posts: 78 Forumite
Hi,
I've currently got an Intelligent Finance Current Account and Savings Account (I took my off set mortgage out with them when off-set mortgages where a new thing many many years ago). For various reasons now I'm looking for another bank for my savings. However, one of the things that I really do like about IF is that in my single savings account I can have multiple pots, and I can pay into them monthly. This I find is great for budgeting, as at a glance I can see what I have saved for any given thing. For example, I've a Car Insurance Pot, a House Insurance Pot, Gas Service Pot etc.
I know I could just put it all into a single savings account, and use a spreadsheet to keep track of everything. But I was wondering if anyone knew of any other bank that did something similar.
Thanks
I've currently got an Intelligent Finance Current Account and Savings Account (I took my off set mortgage out with them when off-set mortgages where a new thing many many years ago). For various reasons now I'm looking for another bank for my savings. However, one of the things that I really do like about IF is that in my single savings account I can have multiple pots, and I can pay into them monthly. This I find is great for budgeting, as at a glance I can see what I have saved for any given thing. For example, I've a Car Insurance Pot, a House Insurance Pot, Gas Service Pot etc.
I know I could just put it all into a single savings account, and use a spreadsheet to keep track of everything. But I was wondering if anyone knew of any other bank that did something similar.
Thanks
0
Comments
-
I like Virgin with their attached saving account with pots. Easy to use and set up all online.AlwaysPondering said:Hi,
I've currently got an Intelligent Finance Current Account and Savings Account (I took my off set mortgage out with them when off-set mortgages where a new thing many many years ago). For various reasons now I'm looking for another bank for my savings. However, one of the things that I really do like about IF is that in my single savings account I can have multiple pots, and I can pay into them monthly. This I find is great for budgeting, as at a glance I can see what I have saved for any given thing. For example, I've a Car Insurance Pot, a House Insurance Pot, Gas Service Pot etc.
I know I could just put it all into a single savings account, and use a spreadsheet to keep track of everything. But I was wondering if anyone knew of any other bank that did something similar.
Thanks1 -
As above, that's what I use, plus their regular savers (when they do them), other savings accounts with my other bank and a spreadsheet.
Pleased to see another person who has pots!Mortgage started 2020, aiming to clear 31/12/2029.1 -
As well as Virgin, TSB, Starling, and Monzo all have the facility to set up pots.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.7K Work, Benefits & Business
- 603.2K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards