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Minimum pay-ins on multiple accounts
lasagne3000
Posts: 1 Newbie
Apologies if this has been dealt with long ago...
I have a couple of current accounts that require a minimum pay-in. With interest rates getting better though, ideally I want to keep more in my savings. If I transfer an amount from one account to the other to meet the minimum pay-in, generally are there any rules stopping me immediately transferring it back out so I can save it?
Thank you
Thank you
0
Comments
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No .0
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You'd need to check the terms and conditions, everything I've seen simply says you just have to pay that amount in.
1 -
I just bounce some money through my current accounts that have minimum monthly pay ins around the first of each month in a loop. The most the money usually stays in the accounts for is a few minutes.2
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