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Intelligent Finance (IF) and their savings jars
Toby1346
Posts: 4 Newbie
Intelligent Finance (IF) has given notice that it is closing all current accounts. I expect most people moved over from IF years ago (IF was told to make way for the new "challenger" banks - Monzo, Starling, Revolut, Metro Bank, etc). IF had savings jars, or pots, that one could pay into, to accumulate money in designated funds for holidays, a new sofa, or whatever. The jars were treated like savings accounts and received a higher rate of interest than the current account.
Does anyone know/recommend any bank accounts that offer the same feature? It looks like Monzo and Starling offer savings jars/pots, as too, TSB (though for TSB, just three, capped at £5k each).
I'm looking for a bank that offers ideally unlimited savings jars/pots and pay interest on them.
Does anyone know/recommend any bank accounts that offer the same feature? It looks like Monzo and Starling offer savings jars/pots, as too, TSB (though for TSB, just three, capped at £5k each).
I'm looking for a bank that offers ideally unlimited savings jars/pots and pay interest on them.
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Comments
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Somebody asked a similar question the other day - see https://forums.moneysavingexpert.com/discussion/6449193/which-bank-with-savings-pots-spaces-currently-has-the-highest-interest-rate#latest1
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Decided to run with Chase, and use the 10 pots at 3.3% each.
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